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 (4.5) including. The largest net exposure for one risk is high at 3.8% 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 (8.4) with operating gains in each of the last five years. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (33.7%), homeowners (28.7%), fire (17.8%), farmowners (5.1%), other (14.7%)
Licensed in:
WV
Principal Investments:
Common stock (44.3%), investment grade bonds (38.0%), cash (14.0%), real estate (0.8%), other (3.0%)
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
Largest Affiliates
No affiliate information available.