B
PEMCO Mutual Ins Co
Seattle,  WA
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.68
Risk Adjusted
Capital Ratio #2
1.26
Loss
Ratio
84.88%
Total
Assets
930.96M
Capital
319.78M
Net
Premiums
296.67M
Net
Income
52.99M
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Weiss Ratings PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Rating B
Capitalization Index 7.40
Investment Safety Index --
Liquidity Index 6.50
Profitability Index 3.20
Reserve Adequacy Index 4.00
Stability Index 7.00
Company Info PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Industry P&C
NAIC Number 24341
Phone Number (206) 628-4000
Website www.pemco.com
Address 1300 Dexter Avenue North Seattle, WA 98109
Balance Sheet PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Total Assets 930.96M
Capital and Reserves PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Risk-Adjusted Capital Ratio #1 1.68
Risk-Adjusted Capital Ratio #2 1.26
1-Year Reserve Development 1,070.00%
2-Year Reserve Development 1,330.00%
Capital 319.78M
Premium to Surplus 220.00%
Reserves to Surplus 140.00%
Investments PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.14%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 110.00%
Expense Ratio 20.00%
Loss Ratio 84.88%
Net Premium Growth 30.00%
Other Medical PEMCO Mutual Ins Co
Seattle, WA 		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 PEMCO Mutual Ins Co
Seattle, WA 		Click to
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Net Income 52.99M
Net Premium 296.67M
Health Premium --