Posted on Nov 14, 2017 |
FFVA Mutual 3Q Results [2017]
FFVA Mutual’s latest financial results for the nine months ending September 30, 2017 continued the positive trend for renewals and new business.
Third Quarter Financial Highlights:
- Net Admitted Assets $340.6 million
- Policyholder Surplus $164.6 million
- Net Underwriting Gain $9.3 million
- Net Income $10.2 million
- Net Investment Gain $8.4 million
- Direct Loss Ratio 48%
- Year to Date Combined Ratio 86.5%
As we look to a successful year-end, our Solutionists would like to thank our agency partners for selecting FFVA Mutual as your workers’ compensation carrier.
Sincerely,
Craig Menzl
President & CEO