Financial Strength
2020 2019
Direct Written Premium 18,476,855.00 18,561,985.00
Net Written Premium 17,133,923.00 17,033,346.00
Net Earned Premium 16,993,964.00 16,855,426.00
Net Investment Income 2,798,856.00 2,740,231.00
Other Income 257,391.00 306,001.00
Losses Incurred and Expenses 8,604,970.00 9,688,863.00
Underwriting Expense 7,074,098.00 7,265,963.00
Net Income 3,519,506.00 2,442,200.00
Admitted Assets 71,191,514.00 68,356,860.00
Liabilities 20,094,798.00 19,370,233.00
Surplus 51,096,716.00 48,986,627.00
Key Indicators
Incurred Loss Ratio 50.6% 57.5%
Combined Ratio 91.9% 100.1%
A.M. Best Rating A A
Direct Written Premium (in Millions)
2016 19.0
2017 18.9
2018 18.4
2019 18.5
2020 18.4

20

15

10

5

Policyholder Surplus (In Millions)
2016 40.7
2017 43.5
2018 44.1
2019 48.9
2020 51.0

50

40

30

20

10