Financial Data for
Geovera Specialty Insurance Company

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FEIN 52-1903270
NAIC# 10182
A.M. Best Rating A- (1/10)
State of Domicile California , USA
Location of Main
Admin. Offices		 Fairfield, CA
Incorporation Date 11/28/1994
Parent GeoVera Holdings, Inc.
Website http://www.geoveraspecialty.com

YEAR20092008200720062005
Total Admitted Assets64,304,07365,648,02165,737,73577,907,90066,880,439
Total Liabilities45,101,26542,902,35841,537,82056,950,83046,343,019
Capital & Surplus19,202,80822,745,66324,199,91520,957,07020,537,420
Premiums and Agent's Balances7,935,7989,007,35511,849,46516,453,37415,962,071
Losses2,503,0572,514,4792,572,1982,650,750682,901
Loss Adjustment Expenses776,717595,745525,264552,553162,829
Underwriting Gain/Loss3,411,5111,865,8704,183,0452,163,6331,615,546
Net Income (Loss) After Tax2,625,8822,358,4364,805,5771,969,3781,384,639
Cash Flow From Operations18,107,329(10,389,089)(7,292,539)(9,268,335)34,898,119
Unrealized Capital Gains (Losses)0(1,853)1,85200
Gross Premium135,320,590133,760,416125,005,156173,987,679178,468,517
Net Premium12,353,24112,073,8538,538,53114,711,47412,127,878
Gross Premium to Surplus Ratio704.7% 588.1% 516.6% 830.2% 869.0%
Net Premium to Surplus Ratio64.3% 53.1% 35.3% 70.2% 59.1%
Direct Premium - National122,794,795118,094,715116,466,626159,276,206166,340,639
Direct Premium - Florida (Sch. T)52,588,78260,765,29071,529,892110,072,237111,707,287
% of Direct Premium in Florida42.8% 51.5% 61.4% 69.1% 67.2%
Rank Among all eligible Insurers13121255
Combined Ratio71.0% 84.0% 65.0% 84.0% 37.0%
Losses Incurred Ratio 35.0% 40.0% 30.0% 39.0% 47.0%
Loss Expenses Incurred Ratio11.0% 11.0% 7.0% 8.0% 11.0%
Other U/W Expenses Incurred Ratio25.0% 33.0% 28.0% 37.0% -21.0%




(52-1903270)
Quarterly Financial Data (2010) for
Geovera Specialty Insurance Company

QUARTER2010-Q1
Total Admitted Assets66,306,675
Total Liabilities46,155,325
Capital & Surplus20,151,350
Premiums and Agent's Balances10,034,783
Losses2,558,617
Loss Adjustment Expenses791,584
Underwriting Gain/Loss1,063,318
Net Income (Loss) After Tax1,083,811
Cash Flow From Operations510,548
Unrealized Capital Gains (Losses)0
Gross Premium33,660,516
Net Premium3,188,352
Direct Premium - National27,536,987
Direct Premium - Florida (Sch. T)10,820,963

Major Lines of Business in US (2009)
1 Homeowners Multiple Peril
2 Earthquake
3 Fire
4 Allied Lines
5 Other Commercial Auto Liability
Major Lines of Business in FL (2009)
1 Homeowners Multiple Peril

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