Union Mutual Ins Co
Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range over the last two years. Weak profitability index (0.1) with operating losses during 2021, 2022, 2023, 2024 and the first three months of 2025. Return on equity has been fair, averaging 1,190.2% over the past five years. Weak overall results on stability tests (0.0) including weak risk diversification, weak risk adjusted capital in prior years and weak results on operational trends.
Other Rating Factors:
History of adequate reserve strength (6.1) as reserves have been consistently at an acceptable level. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Farmowners (43.8%), homeowners (28.2%), fire (11.5%), other (16.5%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (83.9%), cash (14.6%), common stock (0.8%), other (0.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
9400 Broadway Extension
Oklahoma City, OK 73114
Oklahoma City, OK 73114
Phone Number
(405) 286-7703
NAIC Number
28681
Website
Largest Affiliates
No affiliate information available.