Reinsurance Company is a mutual reinsurance
company based in Grinnell, Iowa
. The company operates in ten midwestern
states reinsuring over 280 mutual insurance companies.
The company earned an "A" rating from AM Best for 2006.
In 1909, the company was formed in Greenfield, Iowa
as "Iowa Farmers Mutual Reinsurance Association" to provide reinsurance for county mutuals in Iowa. In 1933, the company moved to Grinnell, Iowa and changed their name to "Farmers Mutual Reinsurance Association". The name changed again in 1948 to "Farmers Mutual Reinsurance Company". The current name, "Grinnell Mutual Reinsurance Company," was adopted in 1963.
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