Merrimack Mutual Fire Ins Co

Andover, MA

Rating Date

October 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.91

Risk Adjusted
Capital Ratio #2

1.53

Loss
Ratio

49.96%

Total
Assets

2.90B

Capital

1.95B

Net
Premiums

280.39M

Net
Income

27.49M

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Weiss Ratings	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	7.80
Investment Safety Index	--
Liquidity Index	7.30
Profitability Index	4.90
Reserve Adequacy Index	7.00
Stability Index	8.40

Company Info	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	19798
Phone Number	(978) 475-3300
Website	www.andovercompanies.com
Address	95 Old River Road Andover, MA 01810

Balance Sheet	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Total Assets	2.90B

Capital and Reserves	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.91
Risk-Adjusted Capital Ratio #2	1.53
1-Year Reserve Development	90.00%
2-Year Reserve Development	140.00%
Capital	1.95B
Premium to Surplus	30.00%
Reserves to Surplus	20.00%

Investments	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	29.53%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	120.00%
Combined Ratio	90.00%
Expense Ratio	40.00%
Loss Ratio	49.96%
Net Premium Growth	20.00%

Other Medical	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
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	Merrimack Mutual Fire Ins Co Andover, MA	Click to Compare	Click to Compare	Click to Compare
Net Income	27.49M
Net Premium	280.39M
Health Premium	--