FL Farm Bureau General Ins Co

Gainesville, FL

Rating Date

April 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

89.10

Risk Adjusted
Capital Ratio #2

44.60

Loss
Ratio

Total
Assets

16.44M

Capital

16.22M

Net
Premiums

0.00

Net
Income

343.59K

My Lists My Alerts

Major Rating Factors: Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9). Good overall results on stability tests (5.2) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.

Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.

Stability Factors: D - Limited diversification of general business, policy, and/or investment risk.

Principal Lines of Business: Homeowners (69.2%), comm multi (12.6%), fire (1.0%), personal/comm auto (0.4%), product liab. (0.2%), other (16.7%)

Licensed in: FL

Principal Investments: Investment grade bonds (99.5%), cash (0.3%), other (0.2%)

Ratios

Premium to Surplus

Reserve to Surplus

1-Year Reserve Development

0.00%

2-Year Reserve Development

0.00%

Expense Ratio