C
Pharmacists Mutual Ins Co
Algona,  IA
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.27
Risk Adjusted
Capital Ratio #2
1.46
Loss
Ratio
83.00%
Total
Assets
321.62M
Capital
94.81M
Net
Premiums
30.45M
Net
Income
2.13M
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Weiss Ratings Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Rating C
Capitalization Index 7.70
Investment Safety Index --
Liquidity Index 6.70
Profitability Index 2.00
Reserve Adequacy Index 3.70
Stability Index 4.50
Company Info Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Industry P&C
NAIC Number 13714
Phone Number (515) 295-2461
Website phmic.com
Address 808 Highway 18 West Algona, IA 50511
Balance Sheet Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Total Assets 321.62M
Capital and Reserves Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Risk-Adjusted Capital Ratio #1 2.27
Risk-Adjusted Capital Ratio #2 1.46
1-Year Reserve Development 1,580.00%
2-Year Reserve Development 1,670.00%
Capital 94.81M
Premium to Surplus 70.00%
Reserves to Surplus 170.00%
Investments Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 6.59%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 50.00%
Combined Ratio 130.00%
Expense Ratio 50.00%
Loss Ratio 83.00%
Net Premium Growth -50.00%
Other Medical Pharmacists Mutual Ins Co
Algona, IA 		Click to
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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 Pharmacists Mutual Ins Co
Algona, IA 		Click to
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Net Income 2.13M
Net Premium 30.45M
Health Premium --