Financial Data for
Hermitage Insurance Company

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FEIN 13-3295477
NAIC# 18376
A.M. Best Rating A-(1/10)
State of Domicile New York , USA
Location of Main
Admin. Offices		 White Plains, New York, USA
Incorporation Date 5/3/1984
Parent Hermitage Holdings, Inc
Website not available

YEAR20092008200720062005
Total Admitted Assets352,245,529182,586,392174,798,250149,756,922132,610,496
Total Liabilities256,169,435105,661,34697,927,64099,032,51490,763,331
Capital & Surplus96,076,09476,925,04676,870,61050,724,40841,847,165
Premiums and Agent's Balances19,460,1298,505,2558,695,5595,445,6714,761,579
Losses73,107,30152,688,29439,394,04045,175,21042,152,116
Loss Adjustment Expenses17,024,93115,167,67412,700,48524,453,42125,668,781
Underwriting Gain/Loss1,001,156452,01224,030,5692,297,965936,818
Net Income (Loss) After Tax6,884,0582,974,61830,876,1937,400,8198,285,981
Cash Flow From Operations35,195,20613,120,91825,978,89314,841,33412,277,762
Unrealized Capital Gains (Losses)5,731,632(961,435)2,271,9101,378,530553,188
Gross Premium218,588,12876,475,55269,530,57150,338,82542,519,647
Net Premium114,107,83766,150,38958,752,63944,575,80134,908,375
Gross Premium to Surplus Ratio227.5% 99.4% 90.5% 99.2% 101.6%
Net Premium to Surplus Ratio118.8% 86.0% 76.4% 87.9% 83.4%
Direct Premium - National75,000,16076,530,46865,642,77950,338,82542,519,647
Direct Premium - Florida (Sch. T)7,239,67813,144,68217,417,49413,877,13810,181,859
% of Direct Premium in Florida9.7% 17.2% 26.5% 27.6% 23.9%
Rank Among all eligible Insurers7358484851
Combined Ratio99.0% 99.0% 52.0% 95.0% 97.0%
Losses Incurred Ratio 51.0% 42.0% 19.0% 38.0% 35.0%
Loss Expenses Incurred Ratio12.0% 13.0% -13.0% 12.0% 21.0%
Other U/W Expenses Incurred Ratio36.0% 44.0% 46.0% 45.0% 41.0%




(13-3295477)
Quarterly Financial Data (2010) for
Hermitage Insurance Company

QUARTER2010-Q1
Total Admitted Assets303,353,341
Total Liabilities208,130,400
Capital & Surplus95,222,941
Premiums and Agent's Balances20,028,585
Losses76,892,297
Loss Adjustment Expenses16,013,581
Underwriting Gain/Loss1,056,331
Net Income (Loss) After Tax1,836,554
Cash Flow From Operations57,172,332
Unrealized Capital Gains (Losses)330,330
Gross Premium40,236,695
Net Premium22,598,346
Direct Premium - National12,912,677
Direct Premium - Florida (Sch. T)520,228

Major Lines of Business in US (2009)
1 Commercial Multiple Peril (Non-Liability)
2 Commercial Multiple Peril (Liability)
3 Other Liability - Occurrence
4 Products Liability
5 Fire
Major Lines of Business in FL (2009)
1 Other Liability - Occurrence
2 Commercial Multiple Peril (Non-Liability)
3 Fire
4 Commercial Mutiple Peril (Liability)
5 Products Liability

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