A
State Volunteer Mutual
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.15
Risk Adjusted
Capital Ratio #2
2.88
Loss
Ratio
86.69%
Total
Assets
1.66B
Capital
933.80M
Net
Premiums
136.07M
Net
Income
29.39M
My Lists My Alerts
Weiss Ratings State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating A
Capitalization Index 9.80
Investment Safety Index --
Liquidity Index 7.40
Profitability Index 5.20
Reserve Adequacy Index 9.30
Stability Index 8.50
Company Info State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 33049
Phone Number (615) 377-1999
Website home.svmic.com
Address 5005 Maryland Way Brentwood, TN 37027
Balance Sheet State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 1.66B
Capital and Reserves State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 5.15
Risk-Adjusted Capital Ratio #2 2.88
1-Year Reserve Development -3.21%
2-Year Reserve Development -5.54%
Capital 933.80M
Premium to Surplus 14.57%
Reserves to Surplus 57.29%
Investments State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 124.12%
Combined Ratio 106.44%
Expense Ratio 19.76%
Loss Ratio 86.69%
Net Premium Growth 12.31%
Other Medical State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 State Volunteer Mutual
Brentwood, TN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 29.39M
Net Premium 136.07M
Health Premium --