MEMIC News
Financial Highlights
| |
2011 |
2010 |
| Assets |
|
|
| Invested |
$745,032 |
$718,169 |
| Other |
$93,369 |
$ 84,266 |
| TOTAL ASSETS |
$838,401 |
$799,435 |
|
|
|
|
|
|
| Liabilities |
|
|
| Loss and Loss Expense Reserves |
$409,376 |
$397,323 |
| Other |
$121,908 |
$110,216
|
| TOTAL LIABILITIES |
$531,284 |
$507,539 |
| . |
|
|
| Policyholders’ Surplus |
$307,117 |
$291,896 |
| . |
|
|
| Key Statistics |
|
|
| Dividend |
$ 11,973 |
$ 11,114 |
| Net Written Premium |
$178,499 |
$161,152 |
| Premium-to-Surplus Ratio |
.58:1 |
.55:1 |
| Number of Policyholders |
18,983 |
19,385 |
| Combined Ratio |
107.16% |
91.06% |