C
Piedmont Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
8.49
Risk Adjusted
Capital Ratio #2
6.48
Loss
Ratio
57.32%
Total
Assets
7.03M
Capital
5.56M
Net
Premiums
971.89K
Net
Income
129.67K
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Weiss Ratings Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 9.80
Profitability Index 7.60
Reserve Adequacy Index 9.20
Stability Index 2.40
Company Info Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Industry P&C
NAIC Number 17335
Phone Number (704) 873-7461
Website www.piedmontmutual.com
Address 1705 Davie Avenue Statesville, NC 28677
Balance Sheet Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Total Assets 7.03M
Capital and Reserves Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Risk-Adjusted Capital Ratio #1 8.49
Risk-Adjusted Capital Ratio #2 6.48
1-Year Reserve Development -100.00%
2-Year Reserve Development -150.00%
Capital 5.56M
Premium to Surplus 40.00%
Reserves to Surplus 0.00%
Investments Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Medical Loss Ratio --
Cash From Underwriting 90.00%
Combined Ratio 110.00%
Expense Ratio 50.00%
Loss Ratio 57.32%
Net Premium Growth 0.00%
Other Medical Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Piedmont Mutual Ins Co
Statesville, NC 		Click to
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Net Income 129.67K
Net Premium 971.89K
Health Premium --