B
Great Lakes Mutual Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
7.44
Risk Adjusted
Capital Ratio #2
4.41
Loss
Ratio
30.30%
Total
Assets
20.89M
Capital
18.20M
Net
Premiums
2.71M
Net
Income
1.03M
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Weiss Ratings Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Rating B
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 9.00
Profitability Index 8.20
Reserve Adequacy Index 6.90
Stability Index 4.10
Company Info Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Industry P&C
NAIC Number 30384
Phone Number (906) 337-3603
Website www.glmutual.com
Address 58730 Highway US 41 Kearsarge, MI 49942
Balance Sheet Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Total Assets 20.89M
Capital and Reserves Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Risk-Adjusted Capital Ratio #1 7.44
Risk-Adjusted Capital Ratio #2 4.41
1-Year Reserve Development 1.72%
2-Year Reserve Development 2.39%
Capital 18.20M
Premium to Surplus 14.87%
Reserves to Surplus 3.78%
Investments Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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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 Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Medical Loss Ratio --
Cash From Underwriting 158.51%
Combined Ratio 69.96%
Expense Ratio 39.66%
Loss Ratio 30.30%
Net Premium Growth 6.63%
Other Medical Great Lakes Mutual Ins Co
Kearsarge, MI 		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 Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Net Income 1.03M
Net Premium 2.71M
Health Premium --