MEMBER COMPANIES

FIVE COMPANIES … ONE SOLUTION … MUTUAL RE

Since 1921, Mutual Re has provided insurance companies with secure, financial backing from its assuming companies. Mutual Re’s member companies include the five assuming companies listed below that jointly provide $6.5 billion dollars in policyholders’ surplus, standing strongly behind all of Mutual Re’s reinsurance commitments.

Church Mutual Insurance Company, S.I., founded in 1897, offers specialized insurance for religious organizations of all denominations, public and private K-12 schools, colleges and universities, senior living facilities, camps and conference centers, and nonprofit and human services organizations throughout the United States. Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers’ compensation and commercial auto insurance. In addition to insurance, Church Mutual provides a spectrum of value-added solutions that benefit its customers. The A.M. Best rating for Church Mutual is A (Excellent).

*Church Mutual is a stock insurer whose policyholders are members of the parent holding company formed on 1/1/2020.  S.I. = a stock insurer.

Motorists Mutual Insurance Company is a member of Encova Insurance, a super-regional carrier ranked in the top 20 mutual insurance companies in the United States.  Encova includes more than 1,200 associates writing in 28 states and the District of Columbia, premiums in excess of $1.1 billion, a surplus in excess of $1.9 billion and assets in excess of $4.7 billion.  The group markets insurance solutions through more than 2,000 independent agencies in the Midwest, Northeast and South.  The A.M. Best Rating for Motorists is A (Excellent).

Farm Bureau Mutual Insurance Company of Michigan is part of Michigan Farm Bureau Group (Michigan’s largest general farm organization), providing a full range of insurance products and services for their policyholders: home, auto, farm, and business. Farm Bureau of Michigan has total assets over $1.7 billion and has been profitably providing insurance protection to Michigan policyholders since 1949. The A.M. Best rating for Farm Bureau of Michigan is A- (Excellent).

Kentucky Farm Bureau Mutual Insurance Company is the largest domiciled property and casualty insurer in Kentucky and has been providing insurance services since 1943. Kentucky Farm Bureau Mutual Insurance Company has a policyholders’ surplus over $1.9 billion and total assets over $3.2 billion. The A.M. Best rating for Kentucky Farm Bureau is A (Excellent).

RenaissanceRe is a global reinsurance company with more than 25 years of experience helping clients solve their most complex risk challenges. We meet our clients’ needs by matching well-structured risk with efficient capital, and we work hard to deliver value-added service in a rapidly evolving market. Our global underwriting team is coordinated around each client, offering a broad suite of solutions across multiple platforms and leveraging our range of highly-rated balance sheets. The A.M. Best rating for RenRe is A+ (Superior).