Group 2013 Annual Report - page 20

20www.insurancefornonprofits.org
In2013,NIACwelcomed908new
members, renewed95percentof its
existingmembers, andended theyear
with8,313nonprofitmembers.Gross
writtenpremium forNIAC totaled$56.2
million.At year’send, theNIACbalance
sheet showed total equityof$123.1
million, total assetsof$245.3million,
and$1.9million innet incomeafter
dividendsof$4.8million.
MembersbyCounty
Members Surplus (inMillions) Assets (inMillions) Premiums (inMillions)
2010
7,092
2012
7,815 8,313
2013 2009
6,646
2011
7,466
2010
$42.6
2012
$50.1
$56.2
2013 2009
$39.7
2011
$46.2
$203.7
$234.8 $245.3
$184.0
$216.3
2011 2012 2013 2009 2010
2013 2012 2011
(inmillionsofdollars)
Grosswrittenpremium $56.2 $50.1 $46.2
Dividends topolicyholders $4.8 $3.8 $4.8
Net incomeafterdividends $1.9 $7.0 $4.8
Total assets $245.3 $234.8 $216.3
Cashand investedassets $185.0 $178.3 $164.7
Loss reserves (including
lossadjustingexpenses) $90.3 $80.7 $73.1
Total equity $123.1 $125.3 $115.3
Policies in force 25,189 23,371 22,039
Reportedclaims
General liability 509 501 454
Auto liability 837 832 893
Other 645 583 438
NIAC2013FinancialHighlights
A copyofNIAC’s completeauditedfinancials
canbe founda twww.niac.org
NIACResults2013
2010
$108.1
2012
$125.3 $123.1
2013 2009
$98.2
2011
$115.3
Group
SanDiego,Riverside,
SanBernardino, Imperial -11%
LosAngeles,
Orange -20%
SantaBarbara,
Ventura,
SanLuisObispo,
Kern -9%
Fresno,Tulare,
Kings, Inyo -3%
SantaClara, SantaCruz,
Monterey, SanBenito -10%
SanFrancisco,Alameda,
ContraCosta, SanMateo -21%
Sonoma,Marin,Napa,
Solano -8%
San Joaquin, Stanislaus,
Calaveras,Merced,Tuolumne,
Madera, Mariposa, Mono -3%
Sacramento, Placer,Yolo,
Nevada, ElDorado, Sutter,
Yuba,Amador, Sierra -10%
Humboldt,Mendocino, Lake,Tehama,
Trinity, Collusa,Glenn -2%
Butte, Shasta, Siskiyou,DelNorte,
Modoc, Lassen&Plumas -3%