2014
YEAR-END

Balance Sheet

Assets > $706 million
Surplus > $310 million



MMIC Insurance Statutory Balance Sheet Summary

(In Thousands)


  2010  DEC 2011  DEC 2012  DEC 2013  DEC 2014  DEC
Invested Assets $ 478,685 $ 492,081 $ 526,723 $ 555,851 $ 538,822
Invested in UMIA Insurance - - - 125,774 139,413
Other Assets 26,066 33,462 27,437 26,532 28,217
Total Assets $ 504,751 $ 525,543 $ 554,160 $ 708,157 $ 706,452
           
Loss & LAE Reserves $ 235,477 $ 236,527 $ 237,097 $ 242,376 $ 233,357
UMIA Subscriber Liability - - - 129,198 103,803
Other Liabilities 48,825 54,692 60,047 62,955 59,089
Total Liabilities $ 284,302 $ 291,219 $ 297,144 $ 434,529 $ 396,249
           
Policyholders' Surplus $ 220,449 $ 234,324 $ 257,016 $ 273,628 $ 310,203
           
Total Liabilities & Surplus $ 504,751 $ 525,543 $ 554,160 $ 708,157 $ 706,452