C
GA Farm Bureau Casualty Ins Co
MaconGA
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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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 (4.8) with small operating losses during 2021 and 2022. Fair overall results on stability tests (3.2) including excessive premium growth. Strengths include potentially strong support from affiliation with Georgia Farm Bureau Federation Holding Co Inc.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) 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: --
Licensed in: GA
Principal Investments: Investment grade bonds (82.5%), cash (17.4%), other (0.1%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
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Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Georgia Farm Bureau Federation Holding Co Inc
Investment Rating
--
Company Address
1620 Bass Road
Macon, GA 31210
Phone Number
(478) 474-8411
NAIC Number
34436
Largest Affiliates