FFVA Mutual’s 3Q 2021 Financial Results
As we look to the close of another successful year, I am pleased to share FFVA Mutual’s 3Q 2021 financial results for the nine months ending September 30, 2021 along with a 3Q comparison from the prior year.
FFVA Mutual’s 3Q Financial Highlights:
| 2021 | 2020 | |
| Net Admitted Assets | $349.4 M* | $334.2 M |
| Direct Written Premium | $76.9 M** | $76.6 M* |
| Policyholder Surplus | $197.2 M | $176.1 M |
| Net Underwriting Gain | $6.5 M | $5.5 M |
| Net Income | $6.7 M | $4.7 M |
| Net Investment Gain | $6.9 M | $7.4 M |
| Loss Ratio | 44.79% | 47.48% |
| Year to Date Combined Ratio (excluding dividends) | 88.96% | 90.46% |
* Dollars in Millions
** Combined FFVA Mutual and FFVA Select Direct Written Premium
From all of us at FFVA Mutual, we wish you happy holidays and a healthy, successful new year! Thank you for choosing FFVA Mutual for trusted workers’ comp solutions.
Sincerely,
Alan Hair
President & CEO
FROM OUR BLOG
SEE MORE POSTS
Aging Workers: Challenges and Recommendations
Sustainable Workforce in an Aging Society
The workforce is graying but far from fading By 2030, we’re staring down a... more
Read more
Electrical Safety Tips
Everything you need to know
Let’s talk about something that's both essential and, sadly, often overlooked - electrical... more
Read more
Understanding Health and Safety in the Workplace
Improve your safety program
Every 101 minutes in 2021, a worker's life ended due to a work-related injury With such... more
Read more