Financial Data for
Axis Surplus Insurance Company

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FEIN 63-0941128
NAIC# 26620
A.M. Best Rating A (1/10)
State of Domicile Illinois , USA
Location of Main
Admin. Offices		 Alpharetta, Georgia, USA
Incorporation Date 11/4/1986
Parent AXIS Insurance Co.
Website http://www.axiscapital.com

YEAR20092008200720062005
Total Admitted Assets378,412,257436,945,228632,270,708593,338,265498,561,241
Total Liabilities238,516,363283,688,890514,325,986477,796,946419,310,166
Capital & Surplus139,895,894153,256,338117,944,722115,541,31979,251,075
Premiums and Agent's Balances39,711,30835,051,06363,146,31471,245,39361,580,807
Losses71,588,00375,312,28270,702,11760,162,26851,028,564
Loss Adjustment Expenses11,456,83614,902,96015,275,07212,496,2597,606,110
Underwriting Gain/Loss7,562,99927,320,6924,800,3659,370,270(12,881,656)
Net Income (Loss) After Tax14,033,39442,374,70116,428,26915,833,937(14,683,642)
Cash Flow From Operations9,039,692(182,078,079)71,744,74470,478,85269,231,862
Unrealized Capital Gains (Losses)(949,518)(157,689)185,238(185,238)0
Gross Premium513,129,829543,974,407662,707,569624,874,210542,933,360
Net Premium36,376,414(135,973,831)54,429,39777,008,655155,383,548
Gross Premium to Surplus Ratio366.8% 354.9% 561.9% 540.8% 685.1%
Net Premium to Surplus Ratio26.0% -88.7% 46.1% 66.7% 196.1%
Direct Premium - National512,511,856543,058,246661,395,919625,235,732535,772,348
Direct Premium - Florida (Sch. T)83,845,07486,317,366113,371,02298,698,624104,357,690
% of Direct Premium in Florida16.4% 15.9% 17.1% 15.8% 19.5%
Rank Among all eligible Insurers77686
Combined Ratio80.0% 43.0% 90.0% 78.0% 150.0%
Losses Incurred Ratio 43.0% 58.0% 48.0% 48.0% 80.0%
Loss Expenses Incurred Ratio2.0% 7.0% 14.0% 16.0% 17.0%
Other U/W Expenses Incurred Ratio35.0% -22.0% 28.0% 14.0% 53.0%




(63-0941128)
Quarterly Financial Data (2010) for
Axis Surplus Insurance Company

QUARTER2010-Q1
Total Admitted Assets386,427,115
Total Liabilities243,971,206
Capital & Surplus142,455,909
Premiums and Agent's Balances35,539,302
Losses71,544,771
Loss Adjustment Expenses11,000,641
Underwriting Gain/Loss1,759,183
Net Income (Loss) After Tax3,566,674
Cash Flow From Operations6,538,565
Unrealized Capital Gains (Losses)(211,682)
Gross Premium128,266,815
Net Premium8,949,139
Direct Premium - National119,978,944
Direct Premium - Florida (Sch. T)15,716,439

Major Lines of Business in US (2009)
1 Other Liability - Occurrence
2 Other Liability - Claims Made
3 Allied Lines
4 Fire
5 Earthquake
Major Lines of Business in FL (2009)
1 Allied Lines
2 Fire
3 Homeowners Multiple Peril
4 Other Liability - Occurrence
5 Other Liability - Claims Made

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