Meadowbrook at a Glance – Statutory Results

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Meadowbrook at a Glance

Statutory Results Year-to-date 6/30/2017

  • $345.4 million of Gross Written Premium for the six months ended June 30, 2017
  • $27.5 million of net investment income and realized gains for the six months ended June, 30 2017
  • Statutory Surplus of $547.5 million as of June 30, 2017
  • Gross Premium to Statutory Surplus Leverage of 1.3 to 1.0 and Net Premium to Statutory Surplus Leverage of 1.1 to 1.0
  • Insurance assets of $1.8 billion as of June 30, 2017
  • Strengthened capital position of $547.5 million (highest in our corporate history)
  • Improved calendar year combined ratio from 102.4% to 98.0% for year to date ended June 30, 2016 and 2017, respectively
  • Reduced expense ratio from 35.9% to of 34.8% for year to date ended June 20, 2016 and 2017, respectively
  • Accident year combined ratio of 96.5% for the six months ended June 30, 2017
  • Calendar year combined ratio of 98.0% for the six months ended June 30, 2017

Additional Highlights

  • Fred Browning, promoted to Chief Underwriting Officer (July, 2017)
  • Meadowbrook Insurance Group’s subsidiary carriers have been assigned a
    Financial Stability Rating® of A, Exceptional, from Demotech, Inc.
  • A.M. Best Rating of B++ (Good)
  • 60+ years in business
  • 850+ employees
  • Over 20 offices in the United States
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