GRINNELL, Iowa, July 20, 2021 /PRNewswire-PRWeb/ -- Grinnell Mutual has been recognized by Ward Group as one of its 2021 Top 50 Property and Casualty Performers. This is the sixth year in a row the company has been on the list.
Ward Group analyzed the financial performance of nearly 3,000 property-casualty insurance companies based in the United States. Each company is measured and scored along five-year average returns on equity, assets, total revenue, growth in revenue, growth in surplus, and combined ratio.
"To be part of Ward's Top 50 list six years running is an accomplishment we're very proud of," said Jeff Menary, president and CEO of Grinnell Mutual. "It feels especially good this year to have maintained our designation after a year of upheaval and unprecedented losses from the Midwest derecho. We know our success is due to the employees, members, and agents who ensure our continued growth and financial security."
Ward Group is in its 31st 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 part of Aon Hewitt, a business unit of Aon plc (NYSE: AON).
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.
Integrated Marketing Manager
Jennifer Miller, Grinnell Mutual Reinsurance Co, 641-269-8322, firstname.lastname@example.org
SOURCE Grinnell Mutual Reinsurance Co