B
OK Farm Bureau Mutual Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
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Major Rating Factors: Fair profitability index (3.1 on a scale of 0 to 10) with operating losses during 2022, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -5.1%. Good overall results on stability tests (6.8) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.4) 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 liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (44.4%), farmowners (24.6%), homeowners (15.1%), comm multi (8.0%), fire (1.3%), other (6.6%)
Licensed in: OK
Principal Investments: Investment grade bonds (59.1%), common stock (23.6%), cash (13.3%), real estate (1.6%), preferred stock (0.2%), other (2.2%)
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Investments in Affiliates
Corporate Info
Group Affiliation
Oklahoma Farm Bureau Mutual Ins Co
Investment Rating
--
Company Address
2501 North Stiles Avenue
Oklahoma City, OK 73105
Phone Number
(405) 523-2300
NAIC Number
21563
Largest Affiliates
A
Oklahoma City, OK - P&C