C
Merchants Preferred Ins Co
Buffalo,  NY
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.60
Risk Adjusted
Capital Ratio #2
1.60
Loss
Ratio
98.04%
Total
Assets
131.66M
Capital
40.33M
Net
Premiums
34.89M
Net
Income
138.45K
My Lists My Alerts
Weiss Ratings Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 7.90
Investment Safety Index --
Liquidity Index 8.20
Profitability Index 3.80
Reserve Adequacy Index 3.30
Stability Index 5.00
Company Info Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry P&C
NAIC Number 12901
Phone Number (716) 849-3333
Website www.merchantsgroup.com
Address 250 Main Street Buffalo, NY 14202
Balance Sheet Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 131.66M
Capital and Reserves Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.60
Risk-Adjusted Capital Ratio #2 1.60
1-Year Reserve Development 1,940.00%
2-Year Reserve Development 2,640.00%
Capital 40.33M
Premium to Surplus 90.00%
Reserves to Surplus 160.00%
Investments Merchants Preferred Ins Co
Buffalo, NY 		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 Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 130.00%
Expense Ratio 30.00%
Loss Ratio 98.04%
Net Premium Growth 0.00%
Other Medical Merchants Preferred Ins Co
Buffalo, NY 		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 Merchants Preferred Ins Co
Buffalo, NY 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 138.45K
Net Premium 34.89M
Health Premium --