Farm Bureau Mutl Ins Co of MI

Lansing, MI

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

3.05

Risk Adjusted
Capital Ratio #2

1.93

Loss
Ratio

69.74%

Total
Assets

1.12B

Capital

465.28M

Net
Premiums

629.71M

Net
Income

19.28M

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Weiss Ratings	Farm Bureau Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	8.40
Investment Safety Index	--
Liquidity Index	5.70
Profitability Index	4.40
Reserve Adequacy Index	9.20
Stability Index	7.90

Company Info	Farm Bureau Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	21555
Phone Number	(517) 323-7000
Website	www.michfb.com
Address	7373 West Saginaw Highway Lansing, MI 48917

Balance Sheet	Farm Bureau Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.12B

Capital and Reserves	Farm Bureau Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.05
Risk-Adjusted Capital Ratio #2	1.93
1-Year Reserve Development	-3.14%
2-Year Reserve Development	-2.30%
Capital	465.28M
Premium to Surplus	135.34%
Reserves to Surplus	70.67%

Investments	Farm Bureau Mutl 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 Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	108.31%
Combined Ratio	100.19%
Expense Ratio	30.45%
Loss Ratio	69.74%
Net Premium Growth	12.67%

Other Medical	Farm Bureau Mutl 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 Mutl Ins Co of MI Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	19.28M
Net Premium	629.71M
Health Premium	--