Demotech Affirms Financial Stability Ratings® Assigned to the Germania Companies

Columbus, Ohio, October 5, 2022: Demotech, Inc. has assigned Financial Stability Ratings® (FSRs) to the Germania Companies. The following companies have earned an FSR of A, Exceptional, from Demotech, Inc.:

  • Germania Farm Mutual Insurance Association
  • Germania Fire & Casualty Company
  • Germania Insurance Company
  • Germania Life Insurance Company.
  • Germania Property & Casualty Insurance Company (formerly Texas Heritage Insurance Company)
  • Germania Select Insurance Company

This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves, and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About The Germania Companies

Germania Farm Mutual Insurance Association (GFMIA) has provided personal lines insurance to Texans since 1896. GFMIA and its subsidiary companies, Germania Insurance Company, Germania Select Insurance Company, Germania Fire & Casualty Company, Texas Heritage Insurance Company, and Germania Life Insurance Company, comprise the Germania Companies.  Headquartered in Brenham, Texas, the companies offer a full range of insurance services including auto, property, and life insurance.

GFMIA is the largest farm mutual operating in Texas.  GFMIA members are not just policyholders, they own the company.  With more than 350 independent agencies across the state and approximately 400 employees, GFMIA remains true to the tradition of growth through service to the people it protects.  The Germania Companies are committed to providing fair and honest insurance protection through competitive products and responsive service.  Visit for additional information.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Visit for more information.

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