Financial Stability

Texas Mutual was named among the 2017 Ward's 50 P&C Top Performers. The award recognizes Texas Mutual's financial strength and ability to keep its promises to Texas employers and their employees.

The data below is presented on a statutory basis (in millions).

  Audited for the
Years ended December 31,
Income & Expenses 2015 2016 2017 2018
Premiums written $1,139.0 $988.4 $1,039.7 $1,150.3
Net premiums earned 1,132.4 1,033.8 1,053.6 1,108.2
Underwriting losses and expenses 787.7 689.3 786.7 894.5
Net underwriting gain 344.6 344.6 266.9 213.7
Net investment income 188.2 240.7 254.5 278.7
Net other income (expense) (0.5) (1.8) (3.2) (4.9)
Dividends to policyholders 242.9 264.6 286.0 302.1
Net income (loss) $289.4 $318.8 $232.2 $185.4
  Audited December 31,
Assets, Liabilities & Surplus 2015 2016 2017 2018
Total assets $6,318.5 $6,633.8 $7,061.6 $7,177.5
Total liabilities 3,536.6 3469.4 3,528.2 3,611.8
Total policyholders' surplus $2,781.9 $3,164.4 $3,533.4 $3,565.7