New Mexico Mutual Casualty Co

Albuquerque, NM

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

2.75

Risk Adjusted
Capital Ratio #2

2.06

Loss
Ratio

58.89%

Total
Assets

580.14M

Capital

325.60M

Net
Premiums

84.69M

Net
Income

22.04M

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Weiss Ratings	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	8.60
Investment Safety Index	--
Liquidity Index	6.90
Profitability Index	8.20
Reserve Adequacy Index	9.40
Stability Index	6.90

Company Info	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	40627
Phone Number	(505) 345-7260
Website	www.newmexicomutual.com
Address	5201 Balloon Fiesta Parkway, NE Albuquerque, NM 87113

Balance Sheet	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Total Assets	580.14M

Capital and Reserves	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.75
Risk-Adjusted Capital Ratio #2	2.06
1-Year Reserve Development	-10.12%
2-Year Reserve Development	-18.39%
Capital	325.60M
Premium to Surplus	26.01%
Reserves to Surplus	68.86%

Investments	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	14.55%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	129.79%
Combined Ratio	102.54%
Expense Ratio	43.65%
Loss Ratio	58.89%
Net Premium Growth	-7.32%

Other Medical	New Mexico Mutual Casualty Co Albuquerque, NM	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	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Net Income	22.04M
Net Premium	84.69M
Health Premium	--