A
State Farm Mutl Automobile Ins
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Strong long-term capitalization index (8.2 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (8.1). Stability strengths include good operational trends and excellent risk diversification. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors: Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.6) with operating losses during 2021, 2022 and 2023.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Personal/comm auto (95.0%), other (5.0%)
Licensed in: All states
Principal Investments: Common stock (63.3%), investment grade bonds (30.9%), real estate (0.2%), preferred stock (0.1%), other (5.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
State Farm Mutual Automobile Ins Co
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
25178
Largest Affiliates
A
Bloomington, IL - L&A
B
Bloomington, IL - P&C
B
Bloomington, IL - P&C
A
Richardson, TX - P&C
A
Bloomington, IL - P&C