Financial Data for
Ironshore Specialty Insurance Company

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FEIN 94-1264187
NAIC# 25445
A.M. Best Rating A- (5/10)
State of Domicile Arizona , USA
Location of Main
Admin. Offices		 New York, New York, USA
Incorporation Date 10/2/1952
Parent Ironshore Holdings (US), Inc
Website http://www.ironshore.com

YEAR20092008200720062005
Total Admitted Assets306,716,686102,791,26931,602,27530,636,34429,764,608
Total Liabilities141,418,92244,100,216251,310228,245205,958
Capital & Surplus165,297,76458,691,05331,350,96530,408,09929,558,650
Premiums and Agent's Balances66,998,05813,758,384000
Losses15,170,9841,441,376000
Loss Adjustment Expenses2,248,4391,482,961000
Underwriting Gain/Loss(6,638,498)(6,659,618)000
Net Income (Loss) After Tax(2,535,284)(9,183,260)944,264844,2861,097,507
Cash Flow From Operations32,196,07218,049,884617,906635,803160,835
Unrealized Capital Gains (Losses)00000
Gross Premium339,413,14250,556,742012,361(84,050)
Net Premium57,263,4248,397,212000
Gross Premium to Surplus Ratio205.3% 86.1% .0% .0% -.3%
Net Premium to Surplus Ratio34.6% 14.3% 0.0% 0.0% 0.0%
Direct Premium - National338,552,41250,146,742012,361(84,050)
Direct Premium - Florida (Sch. T)28,971,8747,937,4990010,965
% of Direct Premium in Florida8.6% 15.8% 0.0% 0.0% -13.0%
Rank Among all eligible Insurers3167107N/A98
Combined Ratio123.0% 355.0% 0.0% 0.0% 0.0%
Losses Incurred Ratio 53.0% 57.0% 0.0% 0.0% 0.0%
Loss Expenses Incurred Ratio3.0% 57.0% 0.0% 0.0% 0.0%
Other U/W Expenses Incurred Ratio67.0% 241.0% 0.0% 0.0% 0.0%




(94-1264187)
Quarterly Financial Data (2010) for
Ironshore Specialty Insurance Company

QUARTER2010-Q1
Total Admitted Assets407,251,900
Total Liabilities239,880,903
Capital & Surplus167,370,997
Premiums and Agent's Balances77,632,170
Losses27,661,324
Loss Adjustment Expenses4,194,531
Underwriting Gain/Loss536,207
Net Income (Loss) After Tax1,876,778
Cash Flow From Operations24,120,159
Unrealized Capital Gains (Losses)0
Gross Premium89,726,539
Net Premium13,715,330
Direct Premium - National87,286,822
Direct Premium - Florida (Sch. T)11,320,236

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

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