B
MEM Mutual Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (6.6 on a scale of 0 to 10). Excellent expense controls. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business: Work comp (100.0%)
Licensed in: AR, IA, KS, MO, NE, TN
Principal Investments: Investment grade bonds (82.4%), common stock (13.9%), real estate (1.0%), cash (0.9%), non investment grade bonds (0.2%), preferred stock (0.1%), other (1.6%)
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Investments in Affiliates
Corporate Info
Group Affiliation
MEM Mutual Ins Co
Investment Rating
--
Company Address
101 North Keene Street
Columbia, MO 65201
Phone Number
(573) 499-9714
NAIC Number
10191
Largest Affiliates
U
Columbia, MO - P&C
U
Columbia, MO - P&C
U
Columbia, MO - P&C
U
Columbia, MO - P&C