Financial Data for
Canal Indemnity Company

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FEIN 57-1012542
NAIC# 27790
A.M. Best Rating A (1/10)
State of Domicile South Carolina , USA
Location of Main
Admin. Offices		 Greenville, South Carolina
Incorporation Date 7/23/1973
Parent Canal Insurance Company
Website http://www.canal-ins.com

YEAR20092008200720062005
Total Admitted Assets40,986,87941,380,45847,472,63750,645,61945,323,088
Total Liabilities6,478,3027,077,80910,508,28713,651,32910,621,418
Capital & Surplus34,508,57734,302,64936,964,35036,994,29034,701,670
Premiums and Agent's Balances1,306,8703,028,8813,418,3005,186,0134,434,111
Losses00000
Loss Adjustment Expenses2,247,9082,869,8673,334,3942,989,1753,537,651
Underwriting Gain/Loss(507,670)457,2532,752,6094,473,2803,815,575
Net Income (Loss) After Tax1,109,076713,6123,484,6774,433,0833,800,452
Cash Flow From Operations1,092,090(113,279)4,647,2333,787,3473,801,452
Unrealized Capital Gains (Losses)899,405(1,863,130)(519,805)885,92573,562
Gross Premium39,824,89858,422,460113,576,171126,700,604119,662,490
Net Premium00000
Gross Premium to Surplus Ratio115.4% 170.3% 307.3% 342.5% 344.8%
Net Premium to Surplus Ratio0.0% 0.0% 0.0% 0.0% 0.0%
Direct Premium - National39,824,89858,422,460113,576,171126,700,226119,658,449
Direct Premium - Florida (Sch. T)4,306,9506,780,67212,063,36517,050,12313,870,513
% of Direct Premium in Florida10.8% 11.6% 10.6% 13.5% 11.6%
Rank Among all eligible Insurers8578624444
Combined Ratio0.0% 0.0% 0.0% 0.0% 0.0%
Losses Incurred Ratio 0.0% 0.0% 0.0% 0.0% 0.0%
Loss Expenses Incurred Ratio0.0% 0.0% 0.0% 0.0% 0.0%
Other U/W Expenses Incurred Ratio0.0% 0.0% 0.0% 0.0% 0.0%




(57-1012542)
Quarterly Financial Data (2010) for
Canal Indemnity Company

QUARTER2010-Q1
Total Admitted Assets43,752,366
Total Liabilities8,723,598
Capital & Surplus35,028,767
Premiums and Agent's Balances4,222,149
Losses0
Loss Adjustment Expenses2,148,598
Underwriting Gain/Loss26,909
Net Income (Loss) After Tax338,949
Cash Flow From Operations(864,361)
Unrealized Capital Gains (Losses)(22,414)
Gross Premium10,136,605
Net Premium0
Direct Premium - National10,433,330
Direct Premium - Florida (Sch. T)958,267

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

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