FFVA Mutual 3Q Results

FFVA Mutual 3Q Results

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.

Sincerely,

Craig Menzl
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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