|
FINANCIAL DATA
Years ended December 31
|
OPERATING DATA
|
2006
|
2005
|
2004
|
2003
|
2002
|
| Gross premiums written |
$149,561
|
$153,298
|
$155,553
|
$155,372
|
$148,211
|
| Net premiums written |
139,935
|
143,739
|
145,475
|
145,066
|
138,709
|
| Premiums earned |
140,305
|
143,452
|
144,211
|
140,344
|
131,574
|
| Net underwriting gain (loss) |
9,747
|
27,611
|
12,869
|
1,400
|
(9,728)
|
| Investment income, net |
9,364
|
8,233
|
7,297
|
6,736
|
7,806
|
| Realized investment gains, net |
1,304
|
1,209
|
5,109
|
7,561
|
5,124
|
| Net income, pre-tax |
14,217
|
30,786
|
22,176
|
14,190
|
3,306
|
| Net income |
9,434
|
20,517
|
15,296
|
8,734
|
3,347
|
As of December 31
|
BALANCE SHEET DATA
|
2006
|
2005
|
2004
|
2003
|
2002
|
| Cash and invested assets |
$344,600
|
$318,060
|
$306,862
|
$285,850
|
$259,975
|
| Total assets |
378,042
|
352,864
|
339,498
|
318,907
|
292,839
|
| Surplus as regards policyholders |
229,899
|
208,469
|
186,851
|
167,961
|
149,100
|
Years ended December 31
|
RATIOS
|
2006
|
2005
|
2004
|
2003
|
2002
|
| Loss ratio |
51.4%
|
40.0%
|
50.3%
|
60.8%
|
68.8%
|
| Loss adjustment expenses |
8.5
|
7.5
|
8.7
|
6.9
|
7.6
|
| Underwriting expense |
33.3
|
33.1
|
31.8
|
30.3
|
29.4
|
| Combined ratio |
93.2%
|
80.6%
|
90.8%
|
98.0%
|
105.8%
|
The above financial data are derived from the combined statutory financial
statements of The Western Reserve Mutual Casualty Company, Lightning
Rod Mutual Insurance Company, and Sonnenberg Mutual Insurance Company
and have been prepared in conformity with accounting practices prescribed
or permitted by the Department of Insurance of the State of Ohio.
|
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