Financial Data for
Noetic Specialty Insurance Company

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FEIN 62-1216444
NAIC# 17400
A.M. Best Rating A- (1/10)
State of Domicile Illinois , USA
Location of Main
Admin. Offices		 Chantilly, VA
Incorporation Date 10/2/1984
Parent Medmarc Mutual Insurance Company
Website http://www.medmarc.com

YEAR20092008200720062005
Total Admitted Assets95,477,35192,005,643100,198,702103,333,62397,430,081
Total Liabilities62,936,53262,498,40162,092,25768,334,31565,000,143
Capital & Surplus32,540,81929,507,24238,106,44534,999,30832,429,938
Premiums and Agent's Balances1,884,2932,665,1783,566,4555,650,9603,178,486
Losses27,902,70230,752,37330,131,87527,056,75222,802,396
Loss Adjustment Expenses16,998,20216,879,94916,348,50016,153,42913,751,836
Underwriting Gain/Loss(375,376)(2,511,119)(23,731)22,130118,461
Net Income (Loss) After Tax2,798,3351,645,7492,543,4652,888,8882,342,137
Cash Flow From Operations(592,913)(5,793,003)1,507,0616,311,547(2,229,836)
Unrealized Capital Gains (Losses)(31,489)(44,025)48,96322,349(28,062)
Gross Premium40,041,77545,083,24052,205,69861,972,06568,796,990
Net Premium10,525,95812,990,95614,597,87516,084,57116,581,596
Gross Premium to Surplus Ratio123.1% 152.8% 137.0% 177.1% 212.1%
Net Premium to Surplus Ratio32.3% 44.0% 38.3% 46.0% 51.1%
Direct Premium - National29,515,81732,092,28437,607,82345,887,49452,231,644
Direct Premium - Florida (Sch. T)1,408,4981,537,3071,489,7461,107,1162,781,786
% of Direct Premium in Florida4.8% 4.8% 4.0% 2.4% 5.3%
Rank Among all eligible Insurers10798998768
Combined Ratio103.0% 118.0% 100.0% 100.0% 99.0%
Losses Incurred Ratio 22.0% 53.0% 54.0% 46.0% 43.0%
Loss Expenses Incurred Ratio49.0% 37.0% 19.0% 29.0% 33.0%
Other U/W Expenses Incurred Ratio32.0% 28.0% 27.0% 25.0% 23.0%




(62-1216444)
Quarterly Financial Data (2010) for
Noetic Specialty Insurance Company

QUARTER2010-Q1
Total Admitted Assets88,752,496
Total Liabilities55,607,475
Capital & Surplus33,145,021
Premiums and Agent's Balances909,992
Losses27,090,927
Loss Adjustment Expenses17,198,464
Underwriting Gain/Loss(744,855)
Net Income (Loss) After Tax150,384
Cash Flow From Operations4,404,060
Unrealized Capital Gains (Losses)41,476
Gross Premium10,336,321
Net Premium3,068,001
Direct Premium - National5,610,498
Direct Premium - Florida (Sch. T)812,337

Major Lines of Business in US (2009)
1 Products Liability
2 Other Liability - Claims-Made
Major Lines of Business in FL (2009)
1 Products Liability
2 Other Liability - Claims Made

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