Maine Employers Mutual Ins Co

Portland, ME

Rating Date

June 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

2.10

Risk Adjusted
Capital Ratio #2

1.80

Loss
Ratio

66.44%

Total
Assets

1.20B

Capital

618.40M

Net
Premiums

193.82M

Net
Income

4.02M

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Weiss Ratings	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.90
Investment Safety Index	--
Liquidity Index	7.90
Profitability Index	8.00
Reserve Adequacy Index	9.30
Stability Index	8.00

Company Info	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	11149
Phone Number	(207) 791-3300
Website	www.memic.com
Address	261 Commercial Street Portland, ME 04101

Balance Sheet	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.20B

Capital and Reserves	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.10
Risk-Adjusted Capital Ratio #2	1.80
1-Year Reserve Development	-410.00%
2-Year Reserve Development	-840.00%
Capital	618.40M
Premium to Surplus	30.00%
Reserves to Surplus	70.00%

Investments	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	22.78%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	110.00%
Combined Ratio	100.00%
Expense Ratio	30.00%
Loss Ratio	66.44%
Net Premium Growth	0.00%

Other Medical	Maine Employers Mutual Ins Co Portland, ME	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	Maine Employers Mutual Ins Co Portland, ME	Click to Compare	Click to Compare	Click to Compare
Net Income	4.02M
Net Premium	193.82M
Health Premium	--