C
First Mutual Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.48
Risk Adjusted
Capital Ratio #2
2.15
Loss
Ratio
83.82%
Total
Assets
11.48M
Capital
6.43M
Net
Premiums
1.19M
Net
Income
-93.31K
My Lists My Alerts
Weiss Ratings First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 8.70
Investment Safety Index --
Liquidity Index 8.30
Profitability Index 4.30
Reserve Adequacy Index 9.20
Stability Index 2.50
Company Info First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 43877
Phone Number (919) 934-6111
Website www.fmicnc.com
Address 614 East Market Street Smithfield, NC 27577
Balance Sheet First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 11.48M
Capital and Reserves First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 3.48
Risk-Adjusted Capital Ratio #2 2.15
1-Year Reserve Development -90.00%
2-Year Reserve Development -120.00%
Capital 6.43M
Premium to Surplus 20.00%
Reserves to Surplus 10.00%
Investments First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 70.00%
Combined Ratio 90.00%
Expense Ratio 0.00%
Loss Ratio 83.82%
Net Premium Growth -40.00%
Other Medical First Mutual Ins Co
Smithfield, NC 		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 First Mutual Ins Co
Smithfield, NC 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income -93.31K
Net Premium 1.19M
Health Premium --