B
Mercer Ins Co of NJ Inc
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.70
Risk Adjusted
Capital Ratio #2
1.20
Loss
Ratio
63.68%
Total
Assets
102.03M
Capital
33.57M
Net
Premiums
35.01M
Net
Income
1.84M
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Weiss Ratings Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Rating B
Capitalization Index 7.30
Investment Safety Index --
Liquidity Index 6.50
Profitability Index 4.80
Reserve Adequacy Index 5.80
Stability Index 6.60
Company Info Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Industry P&C
NAIC Number 43540
Phone Number (319) 399-5700
Website --
Address 118 Second Avenue, SE Cedar Rapids, IA 52401
Balance Sheet Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Total Assets 102.03M
Capital and Reserves Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Risk-Adjusted Capital Ratio #1 1.70
Risk-Adjusted Capital Ratio #2 1.20
1-Year Reserve Development -10.00%
2-Year Reserve Development 720.00%
Capital 33.57M
Premium to Surplus 100.00%
Reserves to Surplus 140.00%
Investments Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 100.00%
Expense Ratio 40.00%
Loss Ratio 63.68%
Net Premium Growth 10.00%
Other Medical Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		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 Mercer Ins Co of NJ Inc
Cedar Rapids, IA 		Click to
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Net Income 1.84M
Net Premium 35.01M
Health Premium --