MIC is rated A- (Excellent) with a stable outlook by AM Best.


The Company has long emphasized the importance of a strong balance sheet to provide for prompt claims settlement under its indemnity policies, and a reinsurance program that is limited to highly rated reinsurers.




Risk management is an integral part of our strategic planning and solvency self-assessment process. Our risk management framework is a formal structure for risk governance and risk-based decision making that continues to evolve with the business.  MIC is exposed to a spectrum of risks including insurance, market, credit, liquidity and operational risks.  Management of those risks comprises an enterprise-wide approach, which involves defining, monitoring, measuring and mitigating risks and their inter-relationships. 


As an insurer regulated by the Bermuda Monetary Authority, we annually publish our Financial Condition Report.

Mutual Insurance Company Limited
P.O. Box HM 3212, Hamilton, HM NX Bermuda
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