FARM BUREAU LIFE INS CO OF MICHIGAN

Lansing, MI

Rating Date

March 2025

NAIC
Classification

Life & Annuity

Risk Adjusted
Capital Ratio #1

3.91

Risk Adjusted
Capital Ratio #2

2.12

Total
Assets

2.67B

Capital

526.14M

Net
Premiums

29.54M

Net
Income

4.56M

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Weiss Ratings	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	8.70
Investment Safety Index	6.00
Liquidity Index	6.10
Profitability Index	6.10
Reserve Adequacy Index	--
Stability Index	6.90

Company Info	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Industry	L&A
NAIC Number	63096
Phone Number	(517) 323-7000
Website	www.michfb.com
Address	7373 WEST SAGINAW HIGHWAY Lansing, MI 48917

Balance Sheet	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	2.67B

Capital and Reserves	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.91
Risk-Adjusted Capital Ratio #2	2.12
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	526.14M
Premium to Surplus	--
Reserves to Surplus	--

Investments	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Cash	0.00%
CMO & Structured Securities	0.92%
Common & Preferred Stock	6.83%
Invested Assets	2.50K
Investments in Affiliates	0.01%
Mortgages in Good Standing	16.52%
Non-Investment Grade Bonds	2.48%
Non-Performing Mortgages	0.00%
Other Investment Grade Bonds	67.60%
Other Investments	4.16%
Real Estate	1.55%

Operating Ratios	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	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	FARM BUREAU LIFE INS CO OF MICHIGAN Lansing, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	4.56M
Net Premium	29.54M
Health Premium	--