2013
YEAR-END

Balance Sheet

Assets > $708 million
Surplus > $273 million



MMIC Insurance Statutory Balance Sheet Summary

(In Thousands)


  2009  DEC 2010  DEC 2011  DEC 2012  DEC 2013  DEC
Invested Assets $ 458,000 $ 478,685 $ 492,081 $ 526,723 $ 555,851
Invested in UMIA Insurance - - - - 125,774
Other Assets 25,394 26,066 33,462 27,437 26,532
Total Assets $ 438,394 $ 504,751 $ 525,543 $ 554,160 $ 708,157
           
Loss & LAE Reserves $ 237,857 $ 235,477 $ 236,527 $ 237,097 $ 242,376
UMIA Subscriber Liability - - - - 129,198
Other Liabilities 47,542 48,825 54,692 60,047 62,955
Total Liabilities $ 285,399 $ 284,302 $ 291,219 $ 297,144 $ 434,529
           
Policyholders' Surplus $ 197,995 $ 220,449 $ 234,324 $ 257,016 $ 273,628
           
Total Liabilities & Surplus $ 483,394 $ 504,751 $ 525,543 $ 554,160 $ 708,157