AM Best

Financial Highlights

Ratings Assigned 
A.M. Best Rating A (Excellent)
Financial Size
Category - FSC IX
Moody's Financial Strength Rating A1 (Stable)
Standard and Poor's Claims Paying Ability Rating A+ (Strong)

Rating determinations made by rating agencies are subject to change from time to time. While the Company attempts to show accurate information, it cannot assure the reliability of ratings referred to herein and assumes no obligation to monitor the ratings of any rating agency or to immediately incorporate any rating changes applicable to the Company.


2010 Financial Summary (in thousands) 
Direct Written Premium $278,200
Net Premium Written $250,101
Net Premium Earned $260,324
Net Losses and Loss Expenses Incurred $167,876
Net Investment Income $44,429
Realized Capital Gains $6,393
Net Income after Taxes $38,600
Admitted Assets $1,179,319
Liabilities $781,788
Policyholders' Surplus $397,531
Underwriting Ratios 
Losses and loss expenses incurred to net premiums earned 64.5%
Underwriting expenses incurred to net premiums written 34.5%
Policyholders' dividends to net premiums earned 2.5%
Composite ratio 101.5%
Net premiums written to policyholders' surplus 0.6:1
Loss and loss expense reserves to policyholders' surplus 1.6:1

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