Farmers Mutual Ins Co (WV)
Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Fair overall results on stability tests (4.6) including. The largest net exposure for one risk is high at 3.7% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (8.3). Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Comm multi (34.8%), homeowners (28.5%), fire (17.6%), farmowners (4.7%), other (14.3%)
Licensed in:
WV
Principal Investments:
Investment grade bonds (49.0%), common stock (24.9%), cash (12.5%), real estate (0.7%), other (12.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
40 Moran Circle
White Hall, WV 26554
White Hall, WV 26554
Phone Number
(304) 366-1850
NAIC Number
40070
Website
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