| Weiss Ratings |
MAG Mutual Ins Co
Atlanta, GA |
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| Rating | ||||
| Capitalization Index | 7.50 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 6.70 | |||
| Profitability Index | 6.70 | |||
| Reserve Adequacy Index | 4.30 | |||
| Stability Index | 7.60 | |||
| Company Info |
MAG Mutual Ins Co
Atlanta, GA |
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| Industry | P&C | |||
| NAIC Number | 42617 | |||
| Phone Number | (404) 842-5600 | |||
| Website | www.magmutual.com | |||
| Address | 3550 Peachtree Rd NE Atlanta, GA 30326 | |||
| Balance Sheet |
MAG Mutual Ins Co
Atlanta, GA |
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| Total Assets | 2.94B | |||
| Capital and Reserves |
MAG Mutual Ins Co
Atlanta, GA |
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| Risk-Adjusted Capital Ratio #1 | 2.29 | |||
| Risk-Adjusted Capital Ratio #2 | 1.33 | |||
| 1-Year Reserve Development | -3.72% | |||
| 2-Year Reserve Development | -4.87% | |||
| Capital | 1.08B | |||
| Premium to Surplus | 55.65% | |||
| Reserves to Surplus | 113.85% | |||
| Investments |
MAG Mutual Ins Co
Atlanta, GA |
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| Cash | -- | |||
| CMO & Structured Securities | -- | |||
| Common & Preferred Stock | -- | |||
| Invested Assets | -- | |||
| Investments in Affiliates | 5.47% | |||
| Mortgages in Good Standing | -- | |||
| Non-Investment Grade Bonds | -- | |||
| Non-Performing Mortgages | -- | |||
| Other Investment Grade Bonds | -- | |||
| Other Investments | -- | |||
| Real Estate | -- | |||
| Operating Ratios |
MAG Mutual Ins Co
Atlanta, GA |
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| Medical Loss Ratio | -- | |||
| Cash From Underwriting | 85.84% | |||
| Combined Ratio | 103.78% | |||
| Expense Ratio | 25.46% | |||
| Loss Ratio | 78.32% | |||
| Net Premium Growth | 14.48% | |||
| Other Medical |
MAG Mutual Ins Co
Atlanta, GA |
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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 |
MAG Mutual Ins Co
Atlanta, GA |
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| Net Income | 29.82M | |||
| Net Premium | 600.72M | |||
| Health Premium | -- | |||