Financial Strength
2019 2018
Direct Written Premium 18,561,985.00 18,409,783.00
Net Written Premium 17,033,346.00 16,771,920.00
Net Earned Premium 16,855,426.00 17,046,477.00
Net Investment Income 2,740,231.00 2,186,116.00
Other Income 306,001.00 321,207.00
Losses Incurred and Expenses 9,688,863.00 9,879,830.00
Underwriting Expense 7,265,963.00 6,844,065.00
Net Income 2,442,200.00 2,312,992.00
Admitted Assets 68,356,860.00 62,966,092.00
Liabilities 19,370,233.00 18,808,344.00
Surplus 48,986,627.00 44,157,748.00
Key Indicators
Incurred Loss Ratio 57.5% 58.0%
Combined Ratio 100.1% 98.8%
A.M. Best Rating A A
Direct Written Premium (in Millions)
2015 16.7
2016 19.0
2017 18.9
2018 18.4
2019 18.5

20

15

10

5

Policyholder Surplus (In Millions)
2015 37.1
2016 40.7
2017 43.5
2018 44.1
2019 48.9

50

40

30

20

10