Financial Data for
Northfield Insurance Company

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FEIN 41-0983992
NAIC# 27987
A.M. Best Rating * A+
State of Domicile Iowa , USA
Location of Main
Admin. Offices		 St. Paul, Minnesota, USA
Incorporation Date 8/23/1988
Parent Northland Insurance Company
Website http://www.northlandins.com

YEAR201220112010200920082007
Total Admitted Assets379,067,271371,195,578373,164,314375,922,127370,191,817374,283,359
Total Liabilities259,971,443256,000,692249,281,526250,124,207251,881,604251,979,163
Capital & Surplus119,095,828115,194,886123,882,788125,797,919118,310,212122,304,195
Premiums and Agent's Balances5,546,7244,956,8924,864,9244,775,6594,514,5295,341,027
Losses155,660,579154,747,378150,611,320153,590,128157,159,704161,652,817
Loss Adjustment Expenses33,838,85934,725,21734,914,03036,061,86735,991,66535,265,748
Underwriting Gain/Loss95,025(8,504,126)5,505,1979,108,8446,854,36014,986,487
Net Income (Loss) After Tax10,855,8024,927,89015,612,56518,989,91514,249,96026,288,211
Cash Flow From Operations14,075,2767,689,23814,938,55917,329,94217,777,56521,473,499
Unrealized Capital Gains (Losses)16,584(48,189)147,190145,131(336,485)(83,958)
Gross Premium215,228,523211,510,555200,050,550195,823,204208,030,380180,181,120
Net Premium101,708,02299,578,51296,158,96794,262,54794,325,70276,103,336
Gross Premium to Surplus Ratio180.7% 183.6% 161.5% 155.7% 175.8% 147.3%
Net Premium to Surplus Ratio85.4% 86.4% 77.6% 74.9% 79.7% 62.2%
Direct Premium - National113,520,501111,932,043103,891,583101,560,657113,702,010104,077,784
Direct Premium - Florida (Sch. T)12,681,40815,037,28711,711,58813,316,73916,207,57513,788,640
% of Direct Premium in Florida11.2% 13.4% 11.3% 13.1% 14.3% 13.2%
Rank Among all eligible InsurersN/AN/AN/A534956
Combined Ratio100.0% 109.0% 94.0% 90.0% 92.0% 85.0%
Losses Incurred Ratio 57.0% 65.0% 50.0% 46.0% 48.0% 45.0%
Loss Expenses Incurred Ratio11.0% 12.0% 12.0% 12.0% 13.0% 12.0%
Other U/W Expenses Incurred Ratio32.0% 32.0% 32.0% 32.0% 31.0% 28.0%




(41-0983992)
Quarterly Financial Data (2012) for
Northfield Insurance Company

QUARTER2012-Q12012-Q22012-Q3
Total Admitted Assets372,660,562379,988,615386,414,255
Total Liabilities254,108,297259,561,039262,331,370
Capital & Surplus118,552,265120,427,576124,082,885
Premiums and Agent's Balances5,047,8275,709,5036,728,982
Losses154,746,069155,894,539154,107,880
Loss Adjustment Expenses34,358,98934,326,72234,568,632
Underwriting Gain/Loss1,517,019171,9361,907,748
Net Income (Loss) After Tax3,541,5705,540,5399,612,977
Cash Flow From Operations2,821,0147,120,8749,563,014
Unrealized Capital Gains (Losses)(3)(1,023)64,131
Gross Premium54,841,240108,407,237162,953,371
Net Premium24,964,26249,848,05075,415,803
Direct Premium - National26,831,81858,550,78986,644,869
Direct Premium - Florida (Sch. T)3,240,1326,409,53010,050,241

Major Lines of Business in US (2011)
1 Other Liability - Occurrence
2 Fire
3 Allied Lines
4 Products Liability
5 Other Commercial Auto Liability
Major Lines of Business in FL (2011)
1 Other Liability - Occurrence
2 Allied Lines
3 Fire
4 Other commercial auto liability
5 Products Liability

*A.M. Best Ratings are current as of 5/20/2013

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