B
PEMCO Mutual Ins Co
Seattle,  WA
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings PEMCO Mutual Ins Co
Seattle, WA
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Rating B
Capitalization Index 7.40
Investment Safety Index --
Liquidity Index 5.50
Profitability Index 4.60
Reserve Adequacy Index 3.90
Stability Index 7.00
Company Info PEMCO Mutual Ins Co
Seattle, WA
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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
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Total Assets 974.75M
Capital and Reserves PEMCO Mutual Ins Co
Seattle, WA
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Risk-Adjusted Capital Ratio #1 1.66
Risk-Adjusted Capital Ratio #2 1.27
1-Year Reserve Development 3.67%
2-Year Reserve Development 15.39%
Capital 356.76M
Premium to Surplus 161.55%
Reserves to Surplus 107.75%
Investments PEMCO Mutual Ins Co
Seattle, WA
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.09%
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
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Medical Loss Ratio --
Cash From Underwriting 110.98%
Combined Ratio 89.78%
Expense Ratio 21.58%
Loss Ratio 68.20%
Net Premium Growth -4.60%
Other Medical PEMCO Mutual Ins Co
Seattle, WA
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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
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Net Income 86.65M
Net Premium 576.36M
Health Premium --