Financial Data for
Essex Insurance Company

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FEIN 54-1132719
NAIC# 39020
A.M. Best Rating A(1/10)
State of Domicile Delaware , USA
Location of Main
Admin. Offices		 Glen Allen, Virginia
Incorporation Date 2/29/1980
Parent Markel Corporation
Website http://www.EssexInsurance.com

YEAR20092008200720062005
Total Admitted Assets1,046,849,5241,074,454,7591,143,954,1411,201,163,8061,045,130,521
Total Liabilities703,240,434778,353,382800,993,013867,002,859819,694,764
Capital & Surplus343,609,090296,101,376342,961,128334,160,947225,435,757
Premiums and Agent's Balances44,079,42938,257,61254,691,34057,171,84951,803,964
Losses416,879,868458,495,991443,200,985477,260,034409,756,483
Loss Adjustment Expenses166,705,109174,378,395173,402,847162,357,264147,951,306
Underwriting Gain/Loss37,133,07328,998,65395,610,95184,944,086(42,690,468)
Net Income (Loss) After Tax57,474,69020,762,115108,388,75791,565,0022,442,528
Cash Flow From Operations(12,638,873)57,723,56529,863,291130,213,550105,945,152
Unrealized Capital Gains (Losses)18,603,728(25,058,780)(12,838,573)19,290,000(13,783,846)
Gross Premium311,758,984398,062,613476,351,226575,787,874578,798,704
Net Premium236,546,412304,315,919349,868,382434,560,131391,783,741
Gross Premium to Surplus Ratio90.7% 134.4% 138.9% 172.3% 256.7%
Net Premium to Surplus Ratio68.8% 102.8% 102.0% 130.0% 173.8%
Direct Premium - National285,368,262359,132,679430,645,562534,435,571541,969,321
Direct Premium - Florida (Sch. T)31,982,43351,742,93168,751,66586,284,97188,703,903
% of Direct Premium in Florida11.2% 14.4% 16.0% 16.1% 16.4%
Rank Among all eligible Insurers27171698
Combined Ratio86.0% 92.0% 75.0% 80.0% 112.0%
Losses Incurred Ratio 25.0% 39.0% 26.0% 32.0% 54.0%
Loss Expenses Incurred Ratio17.0% 15.0% 14.0% 13.0% 19.0%
Other U/W Expenses Incurred Ratio44.0% 38.0% 35.0% 35.0% 39.0%




(54-1132719)
Quarterly Financial Data (2010) for
Essex Insurance Company

QUARTER2010-Q1
Total Admitted Assets1,065,575,263
Total Liabilities708,673,338
Capital & Surplus356,901,925
Premiums and Agent's Balances32,109,084
Losses417,064,131
Loss Adjustment Expenses165,345,608
Underwriting Gain/Loss(9,152,147)
Net Income (Loss) After Tax2,446,660
Cash Flow From Operations10,089,642
Unrealized Capital Gains (Losses)12,016,645
Gross Premium76,217,569
Net Premium58,563,308
Direct Premium - National71,226,427
Direct Premium - Florida (Sch. T)7,365,683

Major Lines of Business in US (2009)
1 Other Liability - Occurrence
2 Inland Marine
3 Commercial Multiple Peril (Liability)
4 Allied Lines
5 Commercial Multiple Peril (Non-Liability)
Major Lines of Business in FL (2009)
1 Other Liability - Occurrence
2 Allied Lines
3 Inland Marine
4 Commercial Multiple Peril (Liability)
5 Commercial Multiple Peril (Non-Liability)

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