B
Great Lakes Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
7.69
Risk Adjusted
Capital Ratio #2
4.58
Loss
Ratio
43.61%
Total
Assets
19.87M
Capital
17.35M
Net
Premiums
1.33M
Net
Income
418.81K
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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 9.40
Profitability Index 8.30
Reserve Adequacy Index 7.00
Stability Index 4.00
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 19.87M
Capital and Reserves Great Lakes Mutual Ins Co
Kearsarge, MI 		Click to
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Risk-Adjusted Capital Ratio #1 7.69
Risk-Adjusted Capital Ratio #2 4.58
1-Year Reserve Development 140.00%
2-Year Reserve Development 0.00%
Capital 17.35M
Premium to Surplus 20.00%
Reserves to Surplus 0.00%
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 100.00%
Combined Ratio 80.00%
Expense Ratio 40.00%
Loss Ratio 43.61%
Net Premium Growth 0.00%
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 418.81K
Net Premium 1.33M
Health Premium --