MIG Income Statement

Click line-items for a historical chart and %
Revenues
Gross
Ceded -93.75M
Net earned premiums 170.59M
Net commissions and fees 9.63M
Net investment income 11.14M
Realized gains (losses):
Total other-than-temporary impairments on securities 0
Portion of loss recognized in other comprehensive income 0
Net other-than-temporary impairments on securities recognized in earnings 0
Net realized gains excluding other-than-temporary impairments on securities 316K
Net realized gains
Total revenues 191.68M
Expenses
Losses and loss adjustment expenses 191.97M
Reinsurance recoveries -70.16M
Net losses and loss adjustment expenses 121.82M
Policy acquisition and other underwriting expenses 50.61M
General, selling and administrative expenses
General corporate expenses 1.52M
Amortization expense
Interest expense 2.2M
Total expenses 183.23M
Income before taxes and equity earnings 8.45M
Federal and state income tax expense 1.84M
Equity earnings of affiliates, net of tax 438K
Equity earnings of unconsolidated subsidiaries, net of tax
Net income 7.08M
Earnings Per Share
Basic 0.14
Diluted 0.14
Weighted average number of common shares
Basic 49.82M
Diluted 49.85M
Dividends paid per common share 0.02

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