B
New Mexico Mutual Casualty Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.9) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2).
Stability Factors:
Principal Lines of Business: Work comp (100.0%)
Licensed in: NM
Principal Investments: Investment grade bonds (54.5%), common stock (24.8%), real estate (3.6%), cash (0.7%), other (16.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
New Mexico Mutual Casualty Co
Investment Rating
--
Company Address
5201 Balloon Fiesta Parkway, NE
Albuquerque, NM 87113
Phone Number
(505) 345-7260
NAIC Number
40627
Largest Affiliates
B
Albuquerque, NM - P&C
C
Albuquerque, NM - P&C
C
Albuquerque, NM - P&C
C
Albuquerque, NM - P&C
C
Albuquerque, NM - P&C