B
MAG Mutual Ins Co
Atlanta,  GA
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.00
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
80.55%
Total
Assets
2.85B
Capital
1.04B
Net
Premiums
524.73M
Net
Income
-8.93M
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Weiss Ratings MAG Mutual Ins Co
Atlanta, GA 		Click to
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Rating B
Capitalization Index 7.30
Investment Safety Index --
Liquidity Index 7.20
Profitability Index 6.80
Reserve Adequacy Index 3.70
Stability Index 7.40
Company Info MAG Mutual Ins Co
Atlanta, GA 		Click to
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Industry P&C
NAIC Number 42617
Phone Number (404) 842-5600
Website www.magmutual.com
Address 3535 Piedmont Road, NE Atlanta, GA 30305
Balance Sheet MAG Mutual Ins Co
Atlanta, GA 		Click to
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Total Assets 2.85B
Capital and Reserves MAG Mutual Ins Co
Atlanta, GA 		Click to
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Risk-Adjusted Capital Ratio #1 2.00
Risk-Adjusted Capital Ratio #2 1.20
1-Year Reserve Development -90.00%
2-Year Reserve Development 2,340.00%
Capital 1.04B
Premium to Surplus 50.00%
Reserves to Surplus 120.00%
Investments MAG Mutual Ins Co
Atlanta, GA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 6.35%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios MAG Mutual Ins Co
Atlanta, GA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 100.00%
Expense Ratio 20.00%
Loss Ratio 80.55%
Net Premium Growth 0.00%
Other Medical MAG Mutual Ins Co
Atlanta, GA 		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 MAG Mutual Ins Co
Atlanta, GA 		Click to
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Net Income -8.93M
Net Premium 524.73M
Health Premium --