OK Farm Bureau Mutual Ins Co
Major Rating Factors:
Good liquidity (5.6 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.8) with operating losses during 2022, 2023 and 2024. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (42.7%), farmowners (26.3%), homeowners (16.1%), comm multi (7.5%), fire (1.3%), other (6.1%)
Licensed in:
OK
Principal Investments:
Investment grade bonds (57.4%), common stock (22.2%), cash (17.1%), real estate (1.4%), other (1.8%)
Corporate Info
Group Affiliation
Oklahoma Farm Bureau Mutual Ins Co
Investment Rating
--
Company Address
2501 North Stiles Avenue
Oklahoma City, OK 73105
Oklahoma City, OK 73105
Phone Number
(405) 523-2300
NAIC Number
21563
Website
Largest Affiliates