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Operating Highlights |
Year Ended : |
2006 |
2007 |
2008 |
2009 |
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Gross Written Premiums |
55,539,348 |
42,351,286 |
43,192,322 |
39.066,586 |
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Net Written Premiums |
46,274,200 |
35,972,583 |
36,879,296 |
32,859,417 |
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Premiums Earned |
50,659,307 |
41,574,524 |
36,258,387 |
34,300,499 |
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Operating Earnings Before Taxes & Capital Gains |
10,265,890 |
9,540,956 |
6,925,230 |
4,689,973 |
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Net Earnings After Taxes & Capital Gains |
4,702,524 |
6,347,790 |
3,935,500 |
2,338,594 |
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Dividends Paid |
3,600,000 |
3,600,000 |
3,600,000 |
3,600,000 |
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Losses and Loss Expense Ratio |
46.3% |
44.3% |
46.2% |
54.9% |
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Underwriting Expense |
46.5% |
50.4% |
47.4% |
44.1% |
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Combined Ratio |
92.8% |
94.7% |
93.6% |
99.0% |
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