A
Mutual Ins Co of AZ
Phoenix,  AZ
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
10.60
Risk Adjusted
Capital Ratio #2
5.80
Loss
Ratio
82.32%
Total
Assets
1.25B
Capital
865.84M
Net
Premiums
85.74M
Net
Income
17.53M
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Weiss Ratings Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Rating A
Capitalization Index 10.00
Investment Safety Index --
Liquidity Index 9.80
Profitability Index 7.40
Reserve Adequacy Index 9.30
Stability Index 7.90
Company Info Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Industry P&C
NAIC Number 32832
Phone Number (602) 956-5276
Website www.mica-insurance.com
Address 2602 East Thomas Road Phoenix, AZ 85016
Balance Sheet Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Total Assets 1.25B
Capital and Reserves Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Risk-Adjusted Capital Ratio #1 10.60
Risk-Adjusted Capital Ratio #2 5.80
1-Year Reserve Development -140.00%
2-Year Reserve Development -310.00%
Capital 865.84M
Premium to Surplus 10.00%
Reserves to Surplus 30.00%
Investments Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.02%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 100.00%
Expense Ratio 20.00%
Loss Ratio 82.32%
Net Premium Growth 10.00%
Other Medical Mutual Ins Co of AZ
Phoenix, AZ 		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 Mutual Ins Co of AZ
Phoenix, AZ 		Click to
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Net Income 17.53M
Net Premium 85.74M
Health Premium --