| Weiss Ratings |
Northern Mutual Ins Co
Hancock, MI |
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| Rating | ||||
| Capitalization Index | 8.00 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 6.50 | |||
| Profitability Index | 4.80 | |||
| Reserve Adequacy Index | 7.30 | |||
| Stability Index | 5.40 | |||
| Company Info |
Northern Mutual Ins Co
Hancock, MI |
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| Industry | P&C | |||
| NAIC Number | 30376 | |||
| Phone Number | (906) 482-2880 | |||
| Website | www.northernmutual.biz | |||
| Address | 201 Quincy Street Hancock, MI 49930 | |||
| Balance Sheet |
Northern Mutual Ins Co
Hancock, MI |
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| Total Assets | 72.59M | |||
| Capital and Reserves |
Northern Mutual Ins Co
Hancock, MI |
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| Risk-Adjusted Capital Ratio #1 | 2.68 | |||
| Risk-Adjusted Capital Ratio #2 | 1.69 | |||
| 1-Year Reserve Development | -0.79% | |||
| 2-Year Reserve Development | -4.18% | |||
| Capital | 40.66M | |||
| Premium to Surplus | 80.36% | |||
| Reserves to Surplus | 16.03% | |||
| Investments |
Northern Mutual Ins Co
Hancock, MI |
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| Cash | -- | |||
| CMO & Structured Securities | -- | |||
| Common & Preferred Stock | -- | |||
| Invested Assets | -- | |||
| Investments in Affiliates | -- | |||
| Mortgages in Good Standing | -- | |||
| Non-Investment Grade Bonds | -- | |||
| Non-Performing Mortgages | -- | |||
| Other Investment Grade Bonds | -- | |||
| Other Investments | -- | |||
| Real Estate | -- | |||
| Operating Ratios |
Northern Mutual Ins Co
Hancock, MI |
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| Medical Loss Ratio | -- | |||
| Cash From Underwriting | 107.84% | |||
| Combined Ratio | 94.91% | |||
| Expense Ratio | 32.26% | |||
| Loss Ratio | 62.65% | |||
| Net Premium Growth | 14.04% | |||
| Other Medical |
Northern Mutual Ins Co
Hancock, MI |
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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 |
Northern Mutual Ins Co
Hancock, MI |
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| Net Income | 3.14M | |||
| Net Premium | 32.67M | |||
| Health Premium | -- | |||