A
State Volunteer Mutual
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
5.47
Risk Adjusted
Capital Ratio #2
2.89
Loss
Ratio
94.56%
Total
Assets
1.61B
Capital
881.87M
Net
Premiums
78.99M
Net
Income
2.12M
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Weiss Ratings State Volunteer Mutual
Brentwood, TN 		Click to
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Rating A
Capitalization Index 9.80
Investment Safety Index --
Liquidity Index 8.10
Profitability Index 5.20
Reserve Adequacy Index 9.30
Stability Index 8.40
Company Info State Volunteer Mutual
Brentwood, TN 		Click to
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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
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Total Assets 1.61B
Capital and Reserves State Volunteer Mutual
Brentwood, TN 		Click to
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Risk-Adjusted Capital Ratio #1 5.47
Risk-Adjusted Capital Ratio #2 2.89
1-Year Reserve Development -220.00%
2-Year Reserve Development -610.00%
Capital 881.87M
Premium to Surplus 10.00%
Reserves to Surplus 60.00%
Investments State Volunteer Mutual
Brentwood, TN 		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 State Volunteer Mutual
Brentwood, TN 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 120.00%
Expense Ratio 20.00%
Loss Ratio 94.56%
Net Premium Growth -10.00%
Other Medical State Volunteer Mutual
Brentwood, TN 		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 State Volunteer Mutual
Brentwood, TN 		Click to
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Net Income 2.12M
Net Premium 78.99M
Health Premium --