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Financial Information

 

Selected financial highlights for the six-months ended as of June 30, 2018

 

1347 Property Insurance Holdings, Inc.

  • Shareholders’ Equity of $64.2 million
  • Total Revenues of $27.8 million
  • Net Income of $2.1 million
  • Earnings per share of $0.28
  • Book Value per Share $7.80

Maison Insurance Company

  • Demotech FSR affirmed A Exceptional Rating on August 30, 2018
  • Policies inforce of approximately 57,100 a 10% increase from March 31, 2018
  • Combined ratio of 92.5%
  • Statutory net income of $0.9million
  • Statutory surplus of over $39.0 million
  • Admitted assets of $102.3 million ($85.8 million of cash and invested assets)
  • Gross premium written to surplus ratio of 2.3 to 1
  • RBC ratio above 360, as of December 31, 2017

Reinsurance Partners

  • Aeolus Reinsurance Limited (A.M. Best “A” rated)
  • Allianz Risk Transfer AG (Nephila, A.M. Best “A” rated)
  • DaVinci Reins Ltd. Bermuda Authorized (A.M. Best “A” rated)
  • Everest Reins Co. US Authorized (A.M. Best “A+” rated)
  • Numerous Lloyds of London Syndicated All Authorized (A.M. Best “A” rated)
  • Renaissance Reinsurance Limited (A.M. Best “A+” rated)

ASSOCIATIONS

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