B
New Horizons Ins Co of MO
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
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Major Rating Factors: Good overall results on stability tests (6.2 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.9% of capital. Fair profitability index (4.1) with operating losses during 2023 and the first three months of 2025. Return on equity has been low, averaging 2.8% over the past five years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (8.3) with ample operational cash flow and liquid investments.
Stability Factors: D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Homeowners (56.8%), personal/comm auto (20.4%), farmowners (11.7%), fire (10.0%), other (1.1%)
Licensed in: MO, NE, NM, NV, OH, OK
Principal Investments: Investment grade bonds (86.6%), common stock (4.0%), cash (2.0%), non investment grade bonds (1.4%), other (6.0%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
Missouri Farm Bureau Federation
Investment Rating
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Company Address
701 South Country Club Drive
Jefferson City, MO 65109
Phone Number
(573) 893-1438
NAIC Number
12345
Largest Affiliates
B
Jefferson City, MO - P&C
B
Jefferson City, MO - L&A
B
Jefferson City, MO - L&A