Jewelers Mutual Insurance Co. was listed as one of the
Ward Group’s 50 top-performing insurance companies in 2011.
Jewelers Mutual was previously listed on the top 50 list in
2005 and 2006.
The Ward Group analyzes the financial performance of over
3,000 property-casualty insurance companies and nearly 800 life-health
insurance companies domiciled in the United States and identifies the top
performers in each segment annually.
Each company must pass primary safety and consistency tests
including: surplus and premiums of at least $50 million for each of the five
years analyzed; net income in at least four of the last five years; adjusted
net income in at least four of the five years; and compound annual group in
premiums between -10 percent and +40 percent.
“Our employees deserve to be recognized for their efforts
and being named to Ward’s 50 certainly does that. To be named among this elite
group of insurers only further reinforces Jewelers Mutual as the leader in
jewelry insurance,” said Jewelers Mutual president and CEO Darwin Copeman in a statement.