I’m pleased to report that FFVA Mutual’s financial results for the nine months ending September 30, 2016 were encouraging for policy renewals and new business.
FFVA Mutual 3Q Financial Highlights:
Net Admitted Assets $329.2 million
Policyholder Surplus $152.0 million
Net Underwriting Gain $ 9.0 million
Net Income $ 7.6 million
Net Investment Gain $ 6.6 million
Direct Loss Ratio 44.7%
Year to Date Combined Ratio (excluding dividends) 87.8%
As we come to the close of another successful year, thank you for making FFVA Mutual your carrier of choice for workers’ compensation solutions.
President & CEO
Celebrating 60 years. Rated A- by A.M. Best, FFVA Mutual insures a variety of industries in 10 licensed states (AL, FL, GA, IN, KY, MS, NC, SC, TN, VA).
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