Demotech Affirms the Financial Stability Rating® Assigned to American Farmers & Ranchers Mutual Insurance Company

Columbus, Ohio, July 7, 2021: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to American Farmers & Ranchers Mutual Insurance Company has been affirmed by Demotech, Inc.  This level of FSR is assigned to insurers who possess unsurpassed 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 (L&LAE) 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 American Farmers & Ranchers Mutual Insurance Company

American Farmers & Ranchers Mutual Insurance Company (AFR) is an Oklahoma domiciled mutual insurance corporation that is owned by its members. Originally started in 1960 as an affiliate of the Oklahoma State Union of the Farmers Educational and Cooperative Union of America, AFR is licensed to write insurance in the states of Oklahoma and Idaho. The Company’s product portfolio primarily consists of homeowners, farm owners, multi-peril, and auto.

AFR continues a solid track record of year-over-year growth in both customers and surplus.  AFR thrives because their Board and staff believe in traditional rural values of hard work, fairness, and good management.  The Company also believes in giving back to the community through support of local fire departments and various youth programs such as livestock shows, leadership programs, and scholarships.  AFR is also leveraging its relationships with Britecore, Willis Towers Watson to offer increasingly sophisticated and innovative products meeting the changing needs of their customers.

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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.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit for additional information.

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