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Financial
Combined has a long tradition of maintaining a strong financial
profile. We consistently achieve strong cash flows and our invested
assets emphasize high quality, fixed income assets that match reasonably
our product liabilities. Our products generate stable claims patterns
with minimal fluctuations that result from changes in today’s economic
conditions. This, in combination with tightly managed expenses and
conservative investment practices, produces predictable operating results,
a strong cash flow and desirable return on capital.
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2002 Statutory Figures: * Note: Dollars in thousands |
| Premiums Written |
$126,086 |
| Revenue |
$142,495 |
| Pre Tax Operating Income |
$16,651 |
| Invested Assets & Cash |
$258,720 |
| Total Assets |
$273,227 |
| Insurance Liabilities |
$174,323 |
| Total Liabilities |
$233,008 |
| Total Capital & Surplus |
$40,219 |
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