New Mexico Mutual Casualty Co

Albuquerque, NM

Rating Date

June 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

3.50

Risk Adjusted
Capital Ratio #2

2.60

Loss
Ratio

44.02%

Total
Assets

529.29M

Capital

300.54M

Net
Premiums

91.38M

Net
Income

5.31M

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Weiss Ratings	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	8.90
Investment Safety Index	--
Liquidity Index	8.90
Profitability Index	8.20
Reserve Adequacy Index	9.40
Stability Index	6.80

Company Info	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	40627
Phone Number	(505) 345-7260
Website	www.newmexicomutual.com
Address	5201 Balloon Fiesta Parkway, NE Albuquerque, NM 87113

Balance Sheet	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Total Assets	529.29M

Capital and Reserves	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.50
Risk-Adjusted Capital Ratio #2	2.60
1-Year Reserve Development	-1,030.00%
2-Year Reserve Development	-1,630.00%
Capital	300.54M
Premium to Surplus	30.00%
Reserves to Surplus	70.00%

Investments	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	9.28%
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	110.00%
Combined Ratio	90.00%
Expense Ratio	40.00%
Loss Ratio	44.02%
Net Premium Growth	-10.00%

Other Medical	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
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	New Mexico Mutual Casualty Co Albuquerque, NM	Click to Compare	Click to Compare	Click to Compare
Net Income	5.31M
Net Premium	91.38M
Health Premium	--