Financial Data for
Homeland Insurance Company of New York

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FEIN 52-1568827
NAIC# 34452
A.M. Best Rating * A
State of Domicile New York , USA
Location of Main
Admin. Offices
Canton, MA
Incorporation Date 5/11/1988
Parent OneBeacon Insurance Company

Total Admitted Assets111,379,321109,230,032305,553,743310,608,700481,390,761467,624,491
Total Liabilities3,486,5802,937,821182,923,937196,599,893252,642,717266,893,802
Capital & Surplus107,892,741106,292,211122,629,806114,008,807228,748,044200,730,689
Premiums and Agent's Balances007,896,89210,847,86322,826,2567,255,345
Loss Adjustment Expenses0015,113,63813,329,99316,536,31617,215,651
Underwriting Gain/Loss0300,4762,362,8266,224,35612,346,1715,162,643
Net Income (Loss) After Tax259,91120,061,35511,871,62230,797,54919,965,356(11,575,550)
Cash Flow From Operations406,500(148,845,666)5,906,738(23,916,175)16,524,4157,603,374
Unrealized Capital Gains (Losses)514,237(1,858,248)(940,940)2,419,1511,375,125(8,559,319)
Gross Premium195,301,652227,396,778271,505,208261,257,974329,549,829322,743,894
Net Premium032,358,801109,123,930100,543,946167,792,095172,809,149
Gross Premium to Surplus Ratio181.0% 213.9% 221.4% 229.2% 144.1% 160.8%
Net Premium to Surplus Ratio0.0% 30.4% 89.0% 88.2% 73.4% 86.1%
Direct Premium - National195,301,654195,037,977162,381,279160,714,028161,757,734149,934,745
Direct Premium - Florida (Sch. T)11,782,95111,809,0017,056,8967,634,5607,165,6307,421,578
% of Direct Premium in Florida6.0% 6.1% 4.3% 4.8% 4.4% 4.9%
Rank Among all eligible InsurersN/AN/AN/AN/A6972
Combined Ratio0.0% 100.0% 99.0% 97.0% 95.0% 98.0%
Losses Incurred Ratio 0.0% 43.0% 41.0% 49.0% 44.0% 49.0%
Loss Expenses Incurred Ratio0.0% 14.0% 18.0% 13.0% 13.0% 11.0%
Other U/W Expenses Incurred Ratio0.0% 43.0% 40.0% 35.0% 38.0% 38.0%

Quarterly Financial Data (2014) for
Homeland Insurance Company of New York

Total Admitted Assets112,042,895112,246,076
Total Liabilities3,833,1943,623,702
Capital & Surplus108,209,701108,622,374
Premiums and Agent's Balances00
Loss Adjustment Expenses00
Underwriting Gain/Loss00
Net Income (Loss) After Tax(187,536)(215,285)
Cash Flow From Operations246,645405,618
Unrealized Capital Gains (Losses)217,137487,819
Gross Premium47,319,17496,149,100
Net Premium00
Direct Premium - National44,157,804101,051,158
Direct Premium - Florida (Sch. T)3,056,7438,302,927

Major Lines of Business in US (2013)
1 Medical Professional Liability
2 Fire
3 Other Liability - Claims-Made
4 Other Liability -Occurrence
5 Group Accident & Health
Major Lines of Business in FL (2013)
1 Medical Professional Liability
3 Other Liability -Occurrence
4 Fire
5 Other Liability - Occurrence

*A.M. Best Ratings are current as of 8/11/2014

Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.

The FSLSO has made every effort possible to ensure that the insurer financial information contained on our website is correct. However, the information provided is for informational purposes only; it does not constitute an endorsement for any service, company or person offering any product or service.

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