Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 6.4% of capital. History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level. Good overall profitability index (5.4) despite operating losses during 2022 and 2023.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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 (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (86.9%), common stock (6.2%), cash (2.9%), other (4.0%)
Corporate Info
Group Affiliation
Germania Farm Mutual Ins Association
Investment Rating
--
Company Address
507 Highway 290 East
Brenham, TX 77833
Brenham, TX 77833
Phone Number
(979) 836-5224
NAIC Number
19470
Website
Largest Affiliates