C
De Smet Farm Mutl Ins Co of SD
De Smet,  SD
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.00
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
2,699.42%
Total
Assets
43.55M
Capital
32.08M
Net
Premiums
-55.90K
Net
Income
4.08M
My Lists My Alerts
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
1,188
599
1,787
33.52%
39.63%
2023
1,103
532
1,635
32.54%
36.96%
2022
4,137
1,174
5,311
22.11%
37.07%
2021
1,090
608
1,698
35.81%
39.17%
2020
1,105
617
1,722
35.83%
35.42%
2019
1,519
977
2,496
39.14%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
5
1
6
16.67%
12.77%
2023
1
2
3
66.67%
16.34%
2022
0
1
1
100.00%
11.13%
2021
1
0
1
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
1
1
2
50.00%
16.90%