Federated Mutual Insurance Company

AMB #: 000384 NAIC #: 13935 FEIN #: 410417460

Domiciliary Address
121 East Park Square
Owatonna, Minnesota 55060

Web: www.federatedinsurance.com

Phone: 507-455-5200

Fax: 507-446-4664

AM Best Rating Unit: AMB #: 004284 - Federated Mutual Group

Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations.

View additional news, reports and products for this company.

Based on AM Best's analysis, 000384 - Federated Mutual Insurance Company is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure.

Best's Credit Ratings

Financial Strength View Definition

Rating (Rating Category): Affiliation Code:	A+ (Superior) p (Pooled)
Outlook (or Implication):	Stable
Action:	Affirmed
Effective Date:	April 02, 2026
Initial Rating Date:	June 30, 1920

Long-Term Issuer Credit View Definition

Rating (Rating Category):	aa (Superior)
Outlook (or Implication):	Stable
Action:	Upgraded
Effective Date:	April 02, 2026
Initial Rating Date:	January 10, 2008

Financial Size Category View Definition

Financial Size Category:

XV (Greater than or Equal to USD 2.00 Billion)

u Denotes Under Review Best's Rating

Best's Credit Rating Analyst

Rating Office: A.M. Best Rating Services, Inc.

Senior Financial Analyst: Elizabeth Blamble

Director: Doniella Pliss

Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event.

Disclosure Information

Disclosure Information Form
View AM Best's Rating Disclosure Form

Press Release
AM Best Upgrades Issuer Credit Ratings of Federated Mutual Group’s Members; Affirms Credit Ratings of Affiliates
April 02, 2026

Rating History

A.M. Best has provided ratings & analysis on this company since 1920.

Financial Strength Rating

Effective Date	Rating
April 02, 2026	A+
April 02, 2025	A+
April 10, 2024	A+
April 05, 2023	A+
April 06, 2022	A+

Long-Term Issuer Credit Rating

Effective Date	Rating
April 02, 2026	aa
April 02, 2025	aa-
April 10, 2024	aa-
April 05, 2023	aa-
April 06, 2022	aa-

Related Financial and Analytical Data

The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis.

AMB #	Company Name	Company Description
004284	Federated Mutual Group (G) Rating Unit	Represents the AM Best Consolidated financials for the Property/Casualty business of this legal entity.

Best's Credit & Financial Reports

Best's Credit Report - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s) for AM Best Rating Unit: AMB #: 004284 - Federated Mutual Group.

Best's Credit Report - Archive - reports which were released prior to the current Best's Credit Report.

Best's Financial Report - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Best's Financial Report - Archive - reports which were released prior to the current Best's Financial Report.

View additional news, reports and products for this company.

Press Releases

Date	Title


Apr 02, 2026	AM Best Upgrades Issuer Credit Ratings of Federated Mutual Group’s Members; Affirms Credit Ratings of Affiliates
Apr 10, 2024	AM Best Revises Issuer Credit Rating Outlooks to Positive for Federated Mutual Insurance Company and Subsidiaries; Affirms Credit Ratings of Affiliates
Apr 06, 2022	AM Best Assigns Credit Ratings to Federated Specialty Insurance Co; Affirms Ratings of Federated Mutual Ins Co and Main Subs
Feb 15, 2018	A.M. Best Upgrades Credit Ratings of Granite Re, Inc.; Affirms Federated Mutual Insurance Company and Subsidiaries
Apr 06, 2017	A.M. Best Assigns Credit Ratings to Federated Reserve Insurance Company
Jan 31, 2017	A.M. Best Removes From Under Review and Upgrades Credit Ratings of Granite Re, Inc.
Oct 27, 2016	A.M. Best Places Credit Ratings of Granite Re, Inc. Under Review With Positive Implications
May 13, 2011	A.M. Best Revises Outlook to Negative for The Motorists Insurance Pool and Its Members; Affirms Ratings