Results of Independent Financial Rating Organizations
2021 was a great year for the policyholders of Southern Mutual Church Insurance Company. We had a combined ratio of 95.5%, strengthened our surplus
by 8% 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 2021, A.M. Best upgraded our rating to A Excellent with a Stable 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 March 2022, Demotech affirmed 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, Virginia and West Virginia. We stand ready financially and operationally to be there when you need us.