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.
President & CEO