Farmers Union Mutl Ins Co (MT)
Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite operating losses during 2022. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.7) despite. Stability strengths include good operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Stability Factors:
Principal Lines of Business:
Farmowners (38.6%), homeowners (29.2%), comm multi (23.3%), fire (2.0%), other (7.0%)
Licensed in:
ID, MT, WY
Principal Investments:
Investment grade bonds (69.9%), common stock (17.2%), cash (11.2%), real estate (1.4%), preferred stock (0.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
300 River Drive, North
Great Falls, MT 59401
Great Falls, MT 59401
Phone Number
(406) 761-0242
NAIC Number
28436
Website
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