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Company Financials
Comparative Financial Statement as of December 31, 2009 (printer friendly)
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| Assets |
2009
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2008
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| Bonds |
$476,203
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$454,419
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| Common Stocks |
43,551
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33,175
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| Real Estate |
4,187
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4,518
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| Cash and Short-term Investments |
32,165
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11,145
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| Net Premium Receivable |
66,493
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65,372
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| Other Assets |
24,142
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26,366
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| TOTAL ASSETS |
$646,741
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$594,995
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| Liabilities and Surplus |
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| Loss and Loss Adjustment Reserves |
$166,485
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$149,836
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| Unearned Premiums |
130,244
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123,334
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| Accrued Expenses |
20,618
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19,874
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| Other Liabilities |
22,037
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9,595
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| TOTAL LIABILITIES |
339,384
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302,639
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| Policyholders' Surplus |
307,357
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292,356
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| TOTAL LIABILITIES AND SURPLUS |
$646,741
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$594,995
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| Combined Ratio |
106.0%
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96.0%
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Hastings Mutual is rated A+ Superior by the A.M. Best Company.
Hastings Mutual is a member of the 2009 Ward's 50 Benchmark Group.
