Farm Bureau Genl Ins Co of MI

Lansing, MI

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

3.25

Risk Adjusted
Capital Ratio #2

2.09

Loss
Ratio

69.27%

Total
Assets

1.11B

Capital

410.48M

Net
Premiums

611.25M

Net
Income

37.46M

My Lists My Alerts

Weiss Ratings	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	8.60
Investment Safety Index	--
Liquidity Index	5.70
Profitability Index	5.20
Reserve Adequacy Index	9.40
Stability Index	8.00

Company Info	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	21547
Phone Number	(517) 323-7000
Website	www.michfb.com
Address	7373 West Saginaw Highway Lansing, MI 48917

Balance Sheet	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.11B

Capital and Reserves	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.25
Risk-Adjusted Capital Ratio #2	2.09
1-Year Reserve Development	-4.98%
2-Year Reserve Development	-12.32%
Capital	410.48M
Premium to Surplus	148.91%
Reserves to Surplus	68.10%

Investments	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
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	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	114.15%
Combined Ratio	96.04%
Expense Ratio	26.76%
Loss Ratio	69.27%
Net Premium Growth	11.26%

Other Medical	Farm Bureau Genl Ins Co of MI Lansing, MI	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	Farm Bureau Genl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	37.46M
Net Premium	611.25M
Health Premium	--