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Operating Highlights |
Year Ended : |
2008 |
2009 |
2010 |
2011 |
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Gross Written Premiums |
43,192,322 |
39,066,586 |
43,504,871 |
45,512,625 |
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Net Written Premiums |
36,879,296 |
32,859,417 |
38,000,084 |
39,018,602 |
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Premiums Earned |
36,258,387 |
34,300,499 |
34,938,942 |
37,513,785 |
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Operating Earnings Before Taxes & Capital Gains |
6,925,230 |
4,689,973 |
4,252,695 |
4,028,264 |
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Net Earnings After Taxes & Capital Gains |
3,935,500 |
2,338,594 |
3,318,755 |
3,071,957 |
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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 |
46.2% |
54.9% |
60.7% |
64.5% |
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Underwriting Expense |
47.4% |
44.1% |
36.6% |
35.5% |
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Combined Ratio |
93.6% |
99.0% |
97.3% |
100.0% |
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