TX Pioneer Farm Mutl Ins Assn
Major Rating Factors:
Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during 2024 and the first three months of 2025. Weak overall results on stability tests (0.8) including weak results on operational trends, weak risk diversification and fair risk adjusted capital in prior years. Fair long-term capitalization index (4.3) based on fair current risk adjusted capital (severe loss scenarios).
Other Rating Factors:
Fair reserve development (4.9) as reserves have generally been sufficient to cover claims. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (31.7%), common stock (11.9%), cash (10.8%), non investment grade bonds (1.2%), real estate (1.0%), other (43.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
--
Investments in Affiliates
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
209 West Main Avenue
Round Rock, TX 78664
Round Rock, TX 78664
Phone Number
(512) 255-4874
NAIC Number
17246
Website
Largest Affiliates
No affiliate information available.