Nonprofits Insurance Alliance - 2018 NIA Annual Report

2018 Member Composition Surplus (in Millions) Assets (in Millions) Premiums (in Millions) Members A copy of NIA’s complete audited financials can be found at www.insurancefornonprofits.org 2018 2017 2016 (in millions) Gross written premium $139.2 $129.6 $116.8 Dividends to policyholders $2.9 $1.9 $1.9 Net income after dividends $12.1 $12.2 $10.1 Total assets $530.5 $479.1 $443.7 Cash and invested assets $373.4 $362.9 $334.2 Loss reserves (including loss adjusting expenses) $238.7 $198.6 $187.1 Total surplus $204.4 $201.3 $185.2 Policies in force 63,128 59,791 54,629 Reported claims General liability 1,042 1,008 1,002 Auto liability 1,215 1,516 1,667 Property 415 299 25 Other* 2,245 2,277 2,312 *Includes property claims handled for our companion program. NIA Highlights 2017 16,155 2014 18,447 14,308 2015 2016 15,385 2018 17,196 2017 $185 2014 $204 2015 $170 2016 $176 2018 $201 Philanthropy, Volunteerism, Grantmaking - 6% Shelter, Nutrition, Employment - 7% Community Service - 23% Neighborhood Improvement & Social Action - 11% Animal & Environmental - 14% Art & Education - 29% Mental Health, Health-Related, Developmental Disabilities - 8% Other - 2% In 2018, the Nonprofits Insurance Alliance (NIA) welcomed 2,333 new members, renewed 94 percent of its existing members, and ended the year with 18,447 members. Gross written premium for NIA totaled $139.2 million. At year’s end, NIA’s balance sheet showed total surplus of $204.4 million, total assets of $530.5 million, and $15.0 million in net income before dividends of $2.9 million. 2018 Results Combined results for all companies A head for insurance. A heart for nonprofits. 9