FFVA Mutual 3Q Results [2018]

FFVA Mutual 3Q Results [2018]

Message from Craig Menzl, FFVA Mutual President & CEO

As we look to a successful year-end for new and renewal business, I’m pleased to share with you our latest financial results for the nine months ending September 30, 2018.

FFVA Mutual’s 3Q Financial Highlights:

• Net Admitted Assets $336.6 million
• Policyholder Surplus $165.5 million
• Net Underwriting Gain $4.4 million
• Net Income $8.6 million
• Net Investment Gain $11.0 million
• Direct Loss Ratio of 51.5%
• Year to Date Combined Ratio (excluding dividends) of 92.8%

During this season of gratitude, we are especially thankful for our agency relationships. Thank you for recommending FFVA Mutual to your customers for trusted workers’ comp solutions.

Sincerely,

Craig Menzl
President & CEO