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Financial Information

Selected financial highlights for the three-months ended and as of March 31, 2019.

 

1347 PROPERTY INSURANCE HOLDINGS, INC.

  • Shareholders’ Equity of $63.5 million
  • Total revenues of $17.4 million
  • Net income of $ 0.1 million
  • Book value per share $7.65

Maison Insurance Company

  • Demotech FSR affirmed A Exceptional Rating on March 15, 2019
  • Policies inforce of approximately 68,700, a 32% increase year over year
  • Statutory surplus of $46.4 million
  • Admitted assets of $114.6 million ($106.5 million of cash and invested assets)
  • Gross premium written to surplus ratio of 1.6 to 1
  • RBC ratio above 360, as of December 31, 2018

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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