Keystone National Insurance Company
Summary Statutory Financial Results
2016   2015
Assets:
Bonds $9,641,672 $9,032,211
Equities 2,365,166 1,765,849
Cash and Short Term Investments 3,246,261 3,309,836
Premiums Due 1,840,953 1,667,671
Other Assets 668,596 400,042
Total Admitted Assets $17,762,648 $16,175,609
Liabilities:
Unpaid Loss and Loss adjusting Expenses $465,268 $569,745
Unearned Premiums 1,425,867 1,242,173
Other Liabilities 6,476,156 5,602,934
Total Statutory Liabilities $8,367,291 $7,414,852
Capital $9,395,358 $8,760,757
Total Liabilities and Capital $17,762,649 $16,175,609
Statement of Statutory Income 2016   2015
Net Premiums Earned $2,066,319 $1,737,993
Loss and Loss adjustment expenses  885,242 985,263
Other Underwriting Expenses 917,766 725,385
Total Insurance Operations Income $263,311 $27,345
Investment Income $242,809 $219,015
Other Income $110,278 $99,633
Income Tax $212,345 $111,231
Net Income $404,053 $234,762
Statutory Combined Ratio 84.1% 94.5%

 

 

Did You Know?

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