Financial Strength

The Physicians Mutual family's exceptional strength has helped enable us to honor our commitments and overcome unexpected challenges for more than 114 years. Physicians Mutual Insurance Company was founded in 1902, while Physicians Life Insurance Company formed in 1970.

Strength in Our Numbers*

  • Physicians Mutual Insurance Company has $2.11 billion in assets
  • Physicians Life Insurance Company has $1.49 billion in assets
  • Physicians Mutual Insurance Company has $294.3 million in total claims paid annually
  • Physicians Life Insurance Company has $139.5 million in total claims paid annually

Strength in Our Ratings

We consistently earn some of the strongest ratings in the nation from the industry's leading insurance analysts:

  • A.M. Best (09/2015) — for financial strength and ability to meet obligations to customers

    Physicians Mutual Insurance Company A (Excellent)
    Physicians Life Insurance Company A (Excellent)

    • A++ & A+ Superior
    • A & A- Excellent
    • B++ & B+ Very Good
    • B & B- Good
    • C++ & C+ Fair
    • C & C- Marginal
    • D Below Minimum Standards
    • E Under State Supervision
    • F Liquidation
     
  • Weiss Ratings (09/2015) — for financial security, investment strategies, business operations and underwriting commitments

    Physicians Mutual Insurance Company A+ (Excellent)
    Physicians Life Insurance Company A- (Excellent)

    • A+, A & A- Excellent
    • B+, B & B- Good
    • C+, C & C- Fair
    • D+, D & D- Weak
    • E+, E & E- Very Weak
    • F Failed

This places Physicians Mutual Insurance Company on WeissRatings.com's Recommended List of Companies, an elite group of insurance companies representing the top 1% of the industry.

These ratings refer only to the overall financial status of the Companies and are not a recommendation of the specific insurance policy provisions, rates or practices of the insurance companies.

*Information compiled from the December 2015 Physicians Mutual® financial statement.