Admitted Assets |
|
2017 |
|
2016 |
| Bonds (Amortized Value) |
$213,968,226
|
$195,567,578
|
||
| Stocks (Market Value) |
$185,086,449
|
$161,671,734
|
||
| Cash & Short-term Investments |
$28,816,087
|
$37,702,121
|
||
| Premium Balances Receivable |
$146,206,112
|
$133,072,667
|
||
| Real Estate |
$25,388,644
|
$25,947,824
|
||
| Other Assets |
$45,438,664
|
$46,746,726
|
||
| Total Admitted Assets |
$644,904,182
|
$600,708,650
|
||
Liabilities & Security Fund |
||||
| Reserve for Losses |
$103,070,493
|
$97,949,604
|
||
| Reserve for Loss Adjustment Expenses |
$27,172,301
|
$25,586,044
|
||
| Reserve for Unearned Premiums |
$183,658,530
|
$170,730,174
|
||
| Reserve for Other Expenses | $64,811,268 |
$61,727,644
|
||
| Total Liabilities |
$387,712,592
|
$355,993,466
|
||
| Policyholders' Security Fund |
$266,191,590
|
$244,715,184
|
||
| Total Liabilities & Security Fund |
$644,904,182
|
$600,708,650
|
||
Statement of Income |
||||
| Premiums Earned |
$348,900,352
|
$324,339,595
|
||
| Losses and Loss Expenses Incurred |
($231,637,604)
|
($201,574,190)
|
||
| Underwriting Expenses Incurred |
($116,189,739)
|
($113,602,790)
|
||
| Net Underwriting Gain |
$1,073,010
|
$9,162,615
|
||
| Net Investment Gain |
$8,353,099
|
$6,453,018
|
||
| Other Income |
$1,838,509
|
$1,479,533
|
||
| Dividends to Policyholders |
($368,085)
|
($795,084)
|
||
| Federal Income Taxes |
($2,198,450)
|
($4,051,448)
|
||
| Net Income |
$8,698,082
|
$12,248,634
|
||
Thank you for your interest in Brotherhood Mutual. We appreciate the opportunity to provide your church or other ministry with an insurance quote and will reply to your request as soon as possible.
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