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Magna Carta Companies maintains a conservative approach to its financial management which has produced steady and reliable growth in every decade since our founding in 1925. Part of our conservative approach is to keep operational and financial leverage well below industry norms. Furthermore, we maintain reinsurance with only the highest rated reinsurers in the world.
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Admitted Assets |
Liabilities & Reserves |
Policyholders' Surplus |
| 1925 |
$136,086 |
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$102,379 |
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$33,707 |
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| 1935 |
727,081 |
|
396,287 |
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330,794 |
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| 1945 |
4,243,108 |
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3,466,059 |
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777,049 |
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| 1955 |
18,834,507 |
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14,813,854 |
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4,020,653 |
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| 1965 |
84,389,544 |
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64,774,082 |
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19,615,462 |
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| 1975 |
131,683,009 |
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103,919,693 |
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27,763,316 |
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| 1985 |
357,832,906 |
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314,664,219 |
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43,168,687 |
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| 1995 |
591,016,076 |
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500,584,052 |
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90,432,024 |
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| 2005 |
681,973,762 |
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481,578,309 |
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200,395,453 |
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| 2010 |
648,132,074 |
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404,546,102 |
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243,585,972 |
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| Summary of Invested Assets |
| Bonds: |
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U.S. Government and Agencies |
$127,500,000 |
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Taxable and Tax Exempt Municipal Bonds |
164,964,000 |
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| Corporate and Other |
204,930,000 |
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| Total Bonds |
497,394,000 |
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| Other Fixed Income |
21,690,000 |
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| Cash and Cash Equivalents |
45,734,000 |
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| Total Invested Assets |
564,818,000 |
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| Quality Distribution of Bond Portfolio |
| U.S. Government & Agencies |
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$127,500,000 |
25.7% |
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| AAA |
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71,957,000 |
14.5% |
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| AA |
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135,955,000 |
27.3% |
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| A |
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136,354,000 |
27.4% |
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| BBB |
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16,116,000 |
3.2% |
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| Below BBB |
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9,512,000 |
1.9% |
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497,394,000 |
100% |
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| Note: |
Quality designations above are as provided by Moody's Investors Services. |
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As of December 31, 2010 |
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