B
Agricultural Workers Mutl Auto
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.3 on a scale of 0 to 10) including weak results on operational trends and excessive premium growth. Fair long-term capitalization index (4.7) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. History of adequate reserve strength (5.1) as reserves have been consistently at an acceptable level.
Other Rating Factors: Good overall profitability index (5.3) despite operating losses during 2020 and 2021. Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. G - Fast asset or premium growth. R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (78.5%), homeowners (13.9%), fire (1.0%), comm multi (0.5%), other (6.2%)
Licensed in: AR, MO, OK, TX
Principal Investments: Common stock (23.4%), cash (18.4%), investment grade bonds (14.5%), preferred stock (11.1%), real estate (1.1%), other (31.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Agricultural Workers Mutual Auto Ins Co
Investment Rating
--
Company Address
5500 Lower Birdville Road
Fort Worth, TX 76117
Phone Number
(817) 831-9900
NAIC Number
18430
Largest Affiliates
C
Fort Worth, TX - P&C