Falls City Mutual Insurance Co. Inc.
From our annual report to the Kentucky Department of Insurance
Please note that Net In Force business (after reinsurance) is the total exposure to your company. If every insured property suffered a total loss at the same time (a most unlikely occurance), then there would still be Surplus left in the business. Such sound financial strength is virtually unheard of in the insurance industry.
|For Fiscal Year|
|Balance Sheet Items|
|1.||Total Admitted Assets||570,223|
|Insurance In force Items|
|20.||Gross In force business||8,181,500|
|21.||Net In force business||450,000|