Financial Data for
First Specialty Insurance Corporation

FSLSO Insurer Financials
Insurer Listing
FSLSO Homepage
Help Guide
FEIN 36-3668424
NAIC# 34916
A.M. Best Rating A (1/10)
State of Domicile Missouri , USA
Location of Main
Admin. Offices
Overland Park, Kansas
Incorporation Date 11/13/1989
Parent Westport Insurance Corp
Website http://www.swissre.com

YEAR20092008200720062005
Total Admitted Assets161,201,274171,258,622204,756,169176,463,392185,829,806
Total Liabilities85,328,43086,095,897118,382,35191,093,31396,164,536
Capital & Surplus75,872,84485,162,72586,373,81885,370,07989,665,270
Premiums and Agent's Balances400,163287,42810,048,65015,005,59412,599,635
Losses43,444,78850,077,64860,273,55540,791,49428,479,654
Loss Adjustment Expenses27,414,67917,890,61521,231,97413,371,98222,269,384
Underwriting Gain/Loss(7,336,537)(3,303,420)4,185,118(12,887,202)7,101,085
Net Income (Loss) After Tax(3,778,932)5,745,9239,813,776(5,853,816)7,976,486
Cash Flow From Operations(5,501,938)21,277,6919,475,761(9,721,171)25,694,206
Unrealized Capital Gains (Losses)00(110,122)43,01269,553
Gross Premium66,194,79278,268,42997,860,907160,134,246212,110,117
Net Premium10,642,85212,773,71719,411,82331,181,29738,264,765
Gross Premium to Surplus Ratio87.2% 91.9% 113.3% 187.6% 236.6%
Net Premium to Surplus Ratio14.0% 15.0% 22.5% 36.5% 42.7%
Direct Premium - National66,194,79278,268,43097,860,908160,134,246212,110,118
Direct Premium - Florida (Sch. T)5,456,2735,172,5397,263,2098,916,09610,838,802
% of Direct Premium in Florida8.2% 6.6% 7.4% 5.6% 5.1%
Rank Among all eligible Insurers7680776049
Combined Ratio167.0% 120.0% 79.0% 135.0% 84.0%
Losses Incurred Ratio 9.0% 58.0% 20.0% 83.0% 10.0%
Loss Expenses Incurred Ratio123.0% 3.0% 72.0% 27.0% 61.0%
Other U/W Expenses Incurred Ratio35.0% 59.0% -13.0% 25.0% 13.0%




(36-3668424)
Quarterly Financial Data (2010) for
First Specialty Insurance Corporation

QUARTER2010-Q1
Total Admitted Assets164,555,268
Total Liabilities86,713,793
Capital & Surplus77,841,475
Premiums and Agent's Balances1,730,464
Losses41,143,838
Loss Adjustment Expenses25,733,214
Underwriting Gain/Loss2,307,208
Net Income (Loss) After Tax2,752,371
Cash Flow From Operations(3,559,120)
Unrealized Capital Gains (Losses)0
Gross Premium15,059,951
Net Premium2,420,228
Direct Premium - National12,750,055
Direct Premium - Florida (Sch. T)1,742,102

Major Lines of Business in US (2009)
1 Other Liability - Occurrence
2 Other Liability - Claims Made
3 Allied Lines
4 Fire
5 Inland Marine
Major Lines of Business in FL (2009)
1 Other Liability - Occurrence
2 Other Liability - Claims Made
3 Allied Lines
4 Fire
5 Inland Marine

DISCLAIMER
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.

REGARDING A.M. BEST RATINGS
Best's Ratings are under continuous review and subject to change and/or affirmation. For the latest Best's Ratings and Best's Company Reports (which include Best's Ratings), visit the A.M. Best website at http://www.ambest.com. See Guide to Best's Ratings for explanation of use and charges.

Best's Ratings reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of the Florida Surplus Lines Service Office's website publication of surplus lines insurer financial information or its recommendations, formulas, criteria or comparisons to any other ratings, rating scales or rating organizations which are published or referenced herein. A.M. Best is not responsible for transcription errors made in presenting Best's Ratings. Best's Ratings are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best Company.

For a Guide to Best's Ratings please enter http://www.ambest.com/ratings/guide.html