C
NORCAL MUTUAL INS CO
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.11
Risk Adjusted
Capital Ratio #2
0.99
Loss
Ratio
78.80%
Total
Assets
1.64B
Capital
486.54M
Net
Premiums
284.38M
Net
Income
21.84M
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Weiss Ratings NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Rating C
Capitalization Index 6.90
Investment Safety Index --
Liquidity Index 6.60
Profitability Index 2.10
Reserve Adequacy Index 3.40
Stability Index 3.80
Company Info NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Industry P&C
NAIC Number 33200
Phone Number (717) 791-1212x5631
Website www.norcal-group.com
Address 575 Market Street Suite 1000 San Francisco, IL 94105
Balance Sheet NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Total Assets 1.64B
Capital and Reserves NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Risk-Adjusted Capital Ratio #1 1.11
Risk-Adjusted Capital Ratio #2 0.99
1-Year Reserve Development -2.00%
2-Year Reserve Development 7.40%
Capital 486.54M
Premium to Surplus 58.40%
Reserves to Surplus 201.60%
Investments NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 6.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 81.30%
Combined Ratio 104.00%
Expense Ratio 25.20%
Loss Ratio 78.80%
Net Premium Growth -8.90%
Other Medical NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability NORCAL MUTUAL INS CO
San Francisco, IL 		Click to
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Net Income 21.84M
Net Premium 284.38M
Health Premium --
Weiss Ratings