| Net premiums earned ($000) |
$158,649,806 |
Components of underwriting, as a percent
of net premiums earned |
|
| Incurred losses |
63.4% |
| Loss adjustment expenses |
12.1 |
| Total loss and loss adjustment expenses |
75.5 |
| Commissions and brokerage expenses incurred |
8.5 |
| Other underwriting expenses incurred |
16.8 |
| Total underwriting expenses incurred |
25.2 |
| Dividends to policyholders |
0.6 |
Investment gains on funds attributable to
insurance transactions and other income |
3.5 |
| Combined ratio after dividends |
101.0 |
| Overall operating ratio (2) |
97.5 |
(1) After reinsurance transactions.
(2) Combined ratio after dividends, minus investment gains on funds attributable to insurance transactions and other income. Calculated by the ÐÓ°ÉÔ´´ Information Institute, based on SNL data.
Source: SNL Financial LC. |