Grinnell Mutual has been recognized by Ward Group as one of its 2020 Top 50 Property and Casualty Performers for the fifth year in a row.
GRINNELL, Iowa, July 17, 2020 /PRNewswire-PRWeb/ -- Grinnell Mutual has been recognized by Ward Group as one of its 2020 Top 50 Property and Casualty Performers for the fifth year in a row.
Ward Group analyzed the financial performance of nearly 3,000 property-casualty insurance companies based in the United States and identified the top performances based on objective data and subjective quality measures. Each company must pass primary safety and consistency tests and are measured and scored along five-year average returns on equity, assets, total revenue, growth in revenue, growth in surplus, and combined ratio.
"It is always an honor for Grinnell Mutual be recognized by Ward's as a top 50 property and casualty insurance company. To be part of that list five years running is an accomplishment we're very proud of," said Jeff Menary, president and CEO of Grinnell Mutual. "We're grateful to our employees, members, and agents, who always put in the work to ensure our continued growth and financial security."
Ward Group is in its 30th year of conducting the analysis.
About Ward Group
Ward Group is the leading provider of benchmarking and best practices for the industry. Since 1991, Ward Group has performed more than 2,500 operational and compensation benchmarking exercises for companies of all sizes, including more than half of the top 100 U.S. insurance carriers. Ward Group is in its 30th year of conducting the analysis.
About Grinnell Mutual
Grinnell Mutual, in business since 1909, is the 108th-largest property casualty insurance company in the United States and the largest primary reinsurer of farm mutual companies in North America. Its products are available in 17 states.
For more information please contact:
Integrated Marketing Manager
SOURCE Grinnell Mutual Reinsurance Company