Key Figures

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Key Figures

We offer superior reinsurance capacity to meet your risk transfer needs. We have over $3.9bn in statutory surplus and over $18.3bn in high-quality assets to provide our clients with outstanding balance sheet strength, stability and the liquidity to pay claims promptly. Our financial strength is recognized by the leading rating agencies.

With approximately $5.5bn in annual gross written premiums in 2018, we are one of the largest reinsurers in the U.S. We have both the resources and broad risk appetite to deliver reinsurance and risk transfer solutions to help your company succeed.

Selected statutory financial data*

    2018 2017 2016 2015
Gross premiums written $m 5,505 5,783 5,279 6,670
Net premiums written $m 5,263 4,168 3,118 3,120
Net premiums earned $m 5,057 3,498 3,041 3,105
Loss & LAE incurred $m 3,835 2,965 1,989 1,937
Underwriting expense $m 1,856 1,337 1,018 1034
Underwriting result $m (634) (804) 35 133
Net income $m (398) (575) 337 475
Statutory Ratios          
Loss & LAE ratio % 75.8 84.8 65.4 62.4
Underwriting expense ratio % 35.3 32.0 32.6 33.1
Combined ratio % 111.1 116.8 98 95.5

Balance Sheet data

    12.31.2018 12.31.2017 12.31.2016 12.31.2015
Total admitted assets $m 18,330 18,698 17,841 17,642
Policyholders’ surplus $m 3,901 4,185 4,980 5,119
NAIC RBC ratio** % 298 341 435 437

* Includes the combined results of Munich Reinsurance America, Inc., American Alternative Insurance Corporation, and The Princeton Excess and Surplus Lines Insurance Company.

** RBC ratios are for Munich Reinsurance America, Inc. only

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