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, 2019.
FFVA Mutual’s 3Q Financial Highlights:
- Net Admitted Assets $339.2 million
- Policyholder Surplus $174.5 million
- Net Underwriting Gain $4.6 million
- Net Income $6.9 million
- Net Investment Gain $8.7 million
- Direct Loss Ratio of 55.8%
- Year to Date Combined Ratio (excluding dividends) of 92.46%
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