B
ALFA MUTUAL FIRE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Rating B
Capitalization Index 7.90
Investment Safety Index --
Liquidity Index 3.10
Profitability Index 2.80
Reserve Adequacy Index 7.90
Stability Index 4.70
Company Info ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Industry P&C
NAIC Number 19143
Phone Number (334) 613-4557
Website www.alfainsurance.com
Address 2108 East South Boulevard Montgomery, IL 36116
Balance Sheet ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Total Assets 1.06B
Capital and Reserves ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Risk-Adjusted Capital Ratio #1 2.06
Risk-Adjusted Capital Ratio #2 1.59
1-Year Reserve Development -0.70%
2-Year Reserve Development -3.80%
Capital 460.79M
Premium to Surplus 139.50%
Reserves to Surplus 49.50%
Investments ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 15.50%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Medical Loss Ratio --
Cash From Underwriting 102.60%
Combined Ratio 106.30%
Expense Ratio 26.00%
Loss Ratio 80.30%
Net Premium Growth 10.50%
Other Medical ALFA MUTUAL FIRE INS CO
Montgomery, IL
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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 ALFA MUTUAL FIRE INS CO
Montgomery, IL
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Net Income -27.17M
Net Premium 642.78M
Health Premium --
Weiss Ratings