Results of Independent Financial Rating Organizations
2018 was a great year for the policyholders of Southern Mutual Church Insurance Company. We had an excellent combined ratio of 95%, strengthened our surplus by 4% and our
policyholders demonstrated their loyalty with 98% retention. A.M. Best states they are a “leading provider of insurance ratings of a company’s financial strength and ability
to meet its obligations to policyholders.” In June 2018, we were reaffirmed with an A.M. Best rating of A- Excellent with an upgrade from Stable Outlook to Positive Outlook.
In addition, Demotech Inc. states, “Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings for Property
& Casualty insurers.” In April 2018, Demotech upgraded our rating to A’ Prime Unsurpassed. Since 1928 we have served you, and we value our relationships with you. We know you
personally. Our employees work and worship in communities across South Carolina, North Carolina, Georgia, Tennessee, Kentucky and Virginia. We stand ready financially and
operationally to be there when you need us.