2016 Financial Profile2 - Lighthouse Insurance...2016 Financial Profile FINANCIAL RATIOS STABILITY...
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2016 Financial Profile FINANCIAL RATIOS STABILITY RATING Lighthouse has received a Financial Stability Rating® of A, Exceptional, from Demotech, Inc. REINSURANCE PARTNERS 2016-17 www.lighthouse.insurance Full list of Reinsurance Partners available on our website CLAIMS EXPERIENCE FINANCIAL HIGHLIGHTS 3.0 $180M $160M $140M $120M $100M $80M $60M $40M $20M $0M 2.0 2.5 1.5 1.0 0.5 0.0 2012 2013 2014 2015 Premium 100 Year PML PML: Premium *2015 PML metrics include the impact of AIR Model Change Year-Over-Year Change in Premium, PML & PML:Premium • Proven ability to successfully navigate “Cat” events: - 2011 Hail Storm: 800 claims - $5,800,000 paid claims - 2012 Hurricane Isaac: 6,500 claims - $37,000,000 paid claims - 2013 Hail Storm: 2,600 claims - $26,500,000 paid claims - 2016 Tornado: 150 claims - $2,000,000 paid claims • Tried and tested company with experienced management team. • Policyholder Surplus has increased each year of operation. • Survey conducted after every claim. 4 out of 5 policyholders that filed a claim would recommend Lighthouse to friends and family. At Lighthouse, we not only have the insight to understand our customers’ needs, but also the foresight to meet them. A key part of the protection we provide is rooted in our financial stability. With long-term, highly-rated reinsurance partners, policyholder surplus growth every year since inception and an earned Financial Stability Rating® of A, Exceptional from Demotech, Inc., you can have peace of mind knowing that we can meet the needs of our policyholders when they need it most. We pride ourselves on our ability to settle claims fast and fair. We make it easy for policyholders to file a claim, and provide superior claims service with 24/7 accessibility. Reinsurance Partners A.M. Best Rating Amlin Ascot Cathedral Catlin Chaucer Everest Reinsurance Co. Fidelis Insurance Bermuda Limited Hannover Re (Bermuda) Ltd. Markel Bermuda Ltd. Partner Reinsurance Company Ltd. Ren Re A+ A A A A A+ A- A+ A A+ A Legal Disclaimer: The information and statements contained herein are intended to be general information about the company and its financial performance.
Transcript of 2016 Financial Profile2 - Lighthouse Insurance...2016 Financial Profile FINANCIAL RATIOS STABILITY...
2016 Financial Profile
FINANCIAL RATIOS
STABILITY RATING
Lighthouse has received a Financial StabilityRating® of A, Exceptional, from Demotech, Inc.
REINSURANCE PARTNERS 2016-17
www.lighthouse.insurance
Full list of Reinsurance Partners available on our website
CLAIMS EXPERIENCE
FINANCIAL HIGHLIGHTS
3.0$180M
$160M
$140M
$120M
$100M
$80M
$60M
$40M
$20M
$0M
2.0
2.5
1.5
1.0
0.5
0.02012 2013 2014 2015
Premium 100 Year PML PML: Premium*2015 PML metrics include the impact of AIR Model Change
Year-Over-Year Change in Premium, PML & PML:Premium
• Proven ability to successfully navigate “Cat” events: - 2011 Hail Storm: 800 claims - $5,800,000 paid claims - 2012 Hurricane Isaac: 6,500 claims - $37,000,000 paid claims - 2013 Hail Storm: 2,600 claims - $26,500,000 paid claims - 2016 Tornado: 150 claims - $2,000,000 paid claims• Tried and tested company with experienced management team.• Policyholder Surplus has increased each year of operation. • Survey conducted after every claim. 4 out of 5 policyholders that filed a claim would recommend Lighthouse to friends and family.
At Lighthouse, we not only have the insight to understand our customers’ needs, but also the foresight to meet them. A key part of the protection we provide is rooted in our financial stability.
With long-term, highly-rated reinsurance partners, policyholder surplus growth every year since inception and an earned Financial Stability Rating® of A, Exceptional from Demotech, Inc., you can have peace of mind knowing that we can meet the needs of our policyholders when they need it most.
We pride ourselves on our ability to settle claims fast and fair. We make it easy for policyholders to file a claim, and provide superior claims service with 24/7 accessibility.
Reinsurance Partners A.M. Best RatingAmlin
Ascot
Cathedral
Catlin
Chaucer
Everest Reinsurance Co.
Fidelis Insurance Bermuda Limited
Hannover Re (Bermuda) Ltd.
Markel Bermuda Ltd.
Partner Reinsurance Company Ltd.
Ren Re
A+
A
A
A
A
A+
A-
A+
A
A+
A
Legal Disclaimer: The information and statements contained herein are intended to be general information about the company and its financial performance.
