C
Alfa Mutual Fire Ins Co
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
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
23,294
19,046
42,340
44.98%
22.80%
2023
22,640
15,138
37,778
40.07%
22.83%
2022
20,515
16,384
36,899
44.40%
23.10%
2021
19,865
15,433
35,298
43.72%
22.81%
2020
9,903
10,937
20,840
52.48%
21.51%
2019
10,542
11,608
22,150
52.41%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
128
10
138
7.25%
47.78%
2023
111
7
118
5.93%
47.29%
2022
111
6
117
5.13%
45.44%
2021
109
4
113
3.54%
44.40%
2020
38
1
39
2.56%
42.45%
2019
45
3
48
6.25%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
355
58
413
14.04%
41.49%
2023
418
14
432
3.24%
38.64%
2022
334
9
343
2.62%
39.39%
2021
333
14
347
4.03%
40.41%
2020
318
14
332
4.22%
48.09%
2019
215
17
232
7.33%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
7,104
1,075
8,179
13.14%
39.63%
2023
8,375
208
8,583
2.42%
36.96%
2022
5,926
152
6,078
2.50%
37.07%
2021
6,069
101
6,170
1.64%
39.17%
2020
5,800
130
5,930
2.19%
35.42%
2019
2,958
113
3,071
3.68%
35.34%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
1
0
1
0.00%
81.20%
2023
10
0
10
0.00%
74.87%
2022
8
0
8
0.00%
72.69%
2021
16
0
16
0.00%
79.01%
2020
13
0
13
0.00%
80.13%
2019
11
1
12
8.33%
77.47%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
1
0
1
0.00%
12.77%
2023
2
2
4
50.00%
16.34%
2022
3
1
4
25.00%
11.13%
2021
3
1
4
25.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
2
0
2
0.00%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
10,660
4,267
14,927
28.59%
45.00%
2023
9,414
3,205
12,619
25.40%
44.64%
2022
8,344
2,629
10,973
23.96%
46.15%
2021
8,737
2,486
11,223
22.15%
46.87%
2020
5,012
1,610
6,622
24.31%
43.90%
2019
5,482
1,745
7,227
24.15%
42.09%