Net Net Class Premiums Premiums Written Earned $ $
Net Claims and Adjusting Expenses $
Net Net Class Premiums Premiums Written Earned $ $
Earned Loss Ratio %
FEDERATED INSURANCE COMPANY OF CANADA
D-C
Financial data by class reflects financial data transacted in all jurisdictions. John Paisley, President 717 Portage Ave., P.O. Box 5800 Winnipeg MB R3C 3C9 204-786-6431 Fax:204-784-6755 www.federated.ca 3,916,000 3,782,000 5,255,000 Prop. - Personal................. Prop. - Commercial............ 39,171,000 35,893,000 19,908,000 Prop - Total ....................... 43,087,000 39,675,000 25,163,000 Auto. - Liability................... 22,787,000 22,087,000 13,342,000 Auto. - Pers. Acc................ 4,072,000 3,780,000 3,148,000 Auto. - Other....................... 22,813,000 22,194,000 10,764,000 Auto - Total ....................... 49,672,000 48,061,000 27,254,000 Boiler & Machinery............. 478,000 418,000 68,000 Fidelity................................ 191,000 180,000 197,000 Liability............................... 32,200,000 31,006,000 21,023,000 Surety................................. 189,000 178,000 65,000 ——————— ——————— ——————— 119,518,000 73,770,000 Total 2010........................... 125,817,000 Total 2009........................... 115,834,000 116,307,000 63,671,000 Total 2008........................... 116,117,000 116,703,000 74,883,000 Total 2007........................... 103,003,000 103,829,000 65,842,000 Total 2006........................... 103,453,000 105,117,000 58,378,000
2010 Direct Premiums Written: +143,903,000 2010 Underwriting Performance Summary
Reinsurance Assumed................................... Reinsurance Ceded...................... 18,086,000 Net Premiums Written................ 125,817,000 Net Premiums Earned................ 119,518,000 Net Claims & Adj Exp................... 73,770,000 Commissions.................................. 8,391,000 Taxes.............................................. 4,537,000 General Expenses........................ 29,864,000 Undwrwtg. Profit/Loss................... 3,156,000 Investment Income....................... 12,415,000
Underwriting Result 2010 +$3,156,000 2007 +$4,079,000
2009 2006
138.95 55.46 63.42 60.41 83.28 48.50 56.71 16.27 109.44 67.80 36.52 ————— 61.72 54.74 64.17 63.41 55.54
Growth: 11.89% %
2008
+$3,419,000
2010 Direct Premiums Written: +69,379,000 2010 Underwriting Performance Summary
Reinsurance Assumed................................... Reinsurance Ceded........................ 8,349,000 Net Premiums Written.................. 61,030,000 Net Premiums Earned.................. 57,090,000 Net Claims & Adj Exp................... 34,096,000 Commissions................................ 12,092,000 Taxes.............................................. 2,071,000 General Expenses.......................... 8,470,000 Undwrwtg. Profit/Loss................... 1,333,000 Investment Income......................... 2,434,000
p 070-115 2011 CUW Experience.indd 98
Reinsurance Assumed........................ 10,000 Reinsurance Ceded...................... 13,734,000 Net Premiums Written.................. 45,920,000 Net Premiums Earned.................. 41,661,000 Net Claims & Adj Exp................... 27,693,000 Commissions.................................. 5,205,000 Taxes.............................................. 1,654,000 General Expenses.......................... 4,124,000 Undwrwtg. Profit/Loss................... 2,985,000 Investment Income......................... 4,029,000
2009 2006
18.77 80.11 38.44 85.16 155.36 53.97 91.63
5.13 ————— 59.72 59.13 73.54 63.04 61.28
Growth: 11.15% %
Growth Rate (NPW)............................11.93 % of Market (NPW)..............................0.16 Earned Loss Ratio..............................59.72 Total Expense Ratio...........................39.64 Combined Loss & Exp. Ratio.............99.36 Return on Equity..................................9.15
+$1,845,000 –$1,045,000
2008
–$5,478,000
81.82 63.10 64.42 –52.94 72.11 74.32 70.75 71.95 1.27 ————— 66.47 57.08 65.59 57.96 58.93
Growth: 29.10% %
Growth Rate (NPW)............................29.60 % of Market (NPW)..............................0.12 Earned Loss Ratio..............................66.47 Total Expense Ratio...........................26.36 Combined Loss & Exp. Ratio.............92.83 Return on Equity..................................9.63
+$2,644,000 +$4,257,000
2008
–$967,000
SEE each risk and validate prior to quoting Developed with Ask your Insurers to support iClarify www.compu-quote.com
Powered by Compu-Quote
OMEGA GENERAL INSURANCE COMPANY
20,547,000 19,598,000 3,678,000 Prop. - Personal................. Prop. - Commercial............ 9,544,000 9,253,000 7,413,000 Prop - Total ....................... 30,091,000 28,851,000 11,091,000 Auto. - Liability................... 8,820,000 7,836,000 6,673,000 Auto. - Pers. Acc................ 7,326,000 6,805,000 10,572,000 Auto. - Other....................... 11,299,000 10,171,000 5,489,000 Auto - Total ....................... 27,445,000 24,812,000 22,734,000 Boiler & Machinery............. –3,000 –3,000 Hail..................................... 129,000 157,000 Legal Expense.................... –2,013,000 –2,013,000 Liability............................... 5,374,000 5,279,000 271,000 Accident & Sickness........... 7,000 7,000 ——————— ——————— ——————— 61,030,000 57,090,000 34,096,000 Total 2010........................... Total 2009........................... 54,526,000 52,339,000 30,950,000 Total 2008........................... 49,382,000 46,261,000 34,020,000 Total 2007........................... 43,189,000 38,993,000 24,580,000 Total 2006........................... 32,418,000 30,581,000 18,741,000
98
2010 Direct Premiums Written: +59,644,000 2010 Underwriting Performance Summary
B-C
Carlos A Rodrigues, President & C.E.O. 100 Erb St. E. Waterloo ON N2J 1L9 519-886-4530 Fax:519-746-0222 www.nwfm.com
2009 2006
D-US
275,000 297,000 243,000 Prop. - Personal................. Prop. - Commercial............ 4,392,000 3,902,000 2,462,000 Prop - Total ....................... 4,667,000 4,199,000 2,705,000 Aircraft................................ 14,000 17,000 –9,000 Auto. - Liability................... 24,896,000 22,617,000 16,308,000 Auto. - Pers. Acc................ 3,531,000 3,096,000 2,301,000 Auto. - Other....................... 10,017,000 8,979,000 6,353,000 Auto - Total ....................... 38,444,000 34,692,000 24,962,000 Liability............................... 2,795,000 2,753,000 35,000 ——————— ——————— ——————— 45,920,000 41,661,000 27,693,000 Total 2010........................... Total 2009........................... 35,431,000 32,028,000 18,283,000 Total 2008........................... 31,096,000 32,251,000 21,153,000 Total 2007........................... 36,773,000 38,237,000 22,163,000 Total 2006........................... 40,409,000 43,801,000 25,810,000
Underwriting Result 2010 +$2,985,000 2007 +$3,360,000
NORTH WATERLOO FARMERS MUTUAL INSURANCE COMPANY
Underwriting Result 2010 +$1,333,000 2007 –$743,000
OLD REPUBLIC INSURANCE COMPANY OF CANADA
Earned Loss Ratio %
Paul Field, Chief Executive Officer Box 557, 100 King St W Hamilton ON L8N 3K9 905-523-5936 Fax:905-528-4685 pfield@orican.com
Growth Rate (NPW)..............................8.62 % of Market (NPW)..................................... Earned Loss Ratio..............................61.72 Total Expense Ratio...........................35.80 Combined Loss & Exp. Ratio.............97.53 Return on Equity..................................9.95
+$12,294,000 +$16,356,000
Net Claims and Adjusting Expenses $
B-C
Philip Cook, Chief Agent 36 King St. E., Suite 500 Toronto ON M5C 1E5 www.omegageneral.com contactus@omegageneral.com 8,878,000 8,459,000 5,572,000 Prop. - Personal................. Prop. - Commercial............ 1,687,000 1,684,000 –10,000 Prop - Total ....................... 10,565,000 10,143,000 5,562,000 Aircraft................................ 129,000 129,000 –124,000 Auto. - Liability................... –12,000 Auto - Total ....................... 0 0 –12,000 Liability............................... 3,554,000 3,104,000 1,330,000 Marine................................. 320,000 320,000 –7,000 ——————— ——————— ——————— 14,568,000 13,696,000 6,749,000 Total 2010........................... Total 2009........................... 1,993,000 1,524,000 711,000 Total 2008........................... 2,269,000 1,697,000 535,000 Total 2007........................... 575,000 747,000 204,000 Total 2006........................... 1,666,000 1,482,000 441,000
2010 Direct Premiums Written: +17,428,000 2010 Underwriting Performance Summary
Reinsurance Assumed................... 3,300,000 Reinsurance Ceded........................ 6,160,000 Net Premiums Written.................. 14,568,000 Net Premiums Earned.................. 13,696,000 Net Claims & Adj Exp..................... 6,749,000 Commissions.................................. 3,083,000 Taxes................................................. 596,000 General Expenses............................. 928,000 Undwrwtg. Profit/Loss................... 2,340,000 Investment Income............................ 442,000
Underwriting Result 2010 +$2,340,000 2007 –$2,188,000
2009 2006
65.87 –0.59 54.84 –96.12 0.00 42.85 –2.19 ————— 49.28 46.65 31.53 27.31 29.76
Growth: 330.32% %
Growth Rate (NPW)..........................630.96 % of Market (NPW)..............................0.04 Earned Loss Ratio..............................49.28 Total Expense Ratio...........................33.64 Combined Loss & Exp. Ratio.............82.92 Return on Equity................................20.93
–$981,000 –$1,496,000
2008
–$963,000
canadianunderwriter.ca CANADIAN UNDERWRITER STATISTICAL ISSUE 2011
17/05/11 9:00 AM