Development
B
FARM BUREAU P&C INS CO
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.81
Risk Adjusted
Capital Ratio #2
2.43
Loss
Ratio
84.20%
Total
Assets
3.28B
Capital
1.69B
Net
Premiums
1.64B
Net
Income
-78.88M
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Weiss Ratings Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Rating B
Capitalization Index 9.10
Investment Safety Index --
Liquidity Index 4.90
Profitability Index 4.40
Reserve Adequacy Index 6.40
Stability Index 5.00
Company Info Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Industry P&C
NAIC Number 13773
Phone Number (515) 225-5400
Website www.fbfs.com
Address 5400 University Avenue West Des Moines, IA 50266
Balance Sheet Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Total Assets 3.28B
Capital and Reserves Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.81
Risk-Adjusted Capital Ratio #2 2.43
1-Year Reserve Development 1.60%
2-Year Reserve Development 0.60%
Capital 1.69B
Premium to Surplus 97.20%
Reserves to Surplus 35.20%
Investments Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 21.20%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 91.50%
Combined Ratio 111.20%
Expense Ratio 27.00%
Loss Ratio 84.20%
Net Premium Growth 9.90%
Other Medical Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		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 Farm Bureau Ppty & Cas Ins Co
West Des Moines, IL 		Click to
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Net Income -78.88M
Net Premium 1.64B
Health Premium --