KY Farm Bureau Mutual Ins Co
Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2021, 2022, 2023 and the first three months of 2025. Average return on equity over the last five years has been poor at -2.2%. Strong long-term capitalization index (9.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.8). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (50.3%), homeowners (26.1%), farmowners (10.2%), comm multi (6.1%), fire (0.1%), other (7.1%)
Licensed in:
KY
Principal Investments:
Investment grade bonds (63.9%), common stock (16.6%), cash (2.0%), preferred stock (1.0%), non investment grade bonds (0.3%), real estate (0.1%), other (16.0%)
Corporate Info
Group Affiliation
Kentucky Farm Bureau Mutual Ins Co
Investment Rating
--
Company Address
9201 Bunsen Parkway
Louisville, KY 40220
Louisville, KY 40220
Phone Number
(502) 495-5000
NAIC Number
22993
Website
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