Annual Reports
consistent growth & exceptional profitability
“A” Excellent Rating from A.M. Best Company
Wisconsin Mutual’s Financial Strength rating of “A” (Excellent) and Issuer Credit rating of “a” (Stable) were issued by A.M. Best rating for 2023. A.M. Best is arguably the most widely recognized and respected provider of financial data and ratings in the insurance industry.
The A.M. Best Analysis for Wisconsin Mutual included commentary noting:
- Strongest level of risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR)
- Underwriting results as measured by the five- and ten-year combined ratio averages outperformed the composite averages at year-end 2022
- Favorable underwriting expense ratio derived by below-average fixed expenses
2018 Stakeholder Team Accomplishment Recognition Award
Wisconsin Mutual Insurance Company qualified for this award based on statutory financial statements submitted to NAIC. The eligible Property & Casualty carriers earned the STAR Award by addressing the needs of the entire spectrum of stakeholders: regulators, consumers, producers, corporate employees, reinsurers, claimants, and owners. Wisconsin Mutual is proud to be among the 27 recipients out of 2,572 eligible carriers.
Some criteria include:
- The Company’s ratio of commissions and compensation to employees to gross premiums written was above the median of its Company Classification.
- Had positive net loss and loss adjustment expense( LAE) reserves as of December 31, 2017
- The Company’s return on average net admitted assets was in the top third of its Company Classification