Farmers & Mechanics Mutl (WV)
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability index (8.6) with operating gains in each of the last five years. Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Other Rating Factors:
History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.7) despite. Stability strengths include excellent operational trends and good risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (44.3%), comm multi (31.3%), farmowners (15.4%), fire (2.7%), other (6.2%)
Licensed in:
WV
Principal Investments:
Investment grade bonds (52.5%), common stock (36.5%), cash (7.0%), non investment grade bonds (2.2%), real estate (1.0%), other (0.9%)
Corporate Info
Group Affiliation
Farmers and Mechanics Mutual Ins Co of West Virginia
Investment Rating
--
Company Address
25 Administrative Drive
Martinsburg, WV 25404
Martinsburg, WV 25404
Phone Number
(304) 263-0809
NAIC Number
36315
Website
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