2016
YEAR-END

Balance Sheet

Assets > $709.2 million
Surplus > $339.5 million



MMIC Insurance Statutory Balance Sheet Summary

(In Thousands)


  2012  DEC 2013  DEC 2014  DEC 2015  DEC 2016  DEC
Invested Assets $ 526,723 $ 555,851 $ 538,822 $ 536,764 $ 542,307
Invested in UMIA Insurance - 125,774 139,413 149,025 140,552
Other Assets 27,437 26,532 28,217 32,290 26,355
Total Assets $ 554,160 $ 708,157 $ 706,452 $ 718,079 $ 709,214
           
Loss & LAE Reserves $ 237,097 $ 242,376 $ 233,357 $ 237,631 $ 231,839
UMIA Subscriber Liability - 129,198 103,803 81,655 59,568
Other Liabilities 60,047 62,955 59,089 71,672 78,288
Total Liabilities $ 297,144 $ 434,529 $ 396,249 $ 390,958 $ 369,695
           
Policyholders' Surplus $ 257,016 $ 273,628 $ 310,203 $ 327,121 $ 339,519
           
Total Liabilities & Surplus $ 554,160 $ 708,157 $ 706,452 $ 718,079 $ 709,214