TERMS OF USE ︳ PRIVACY POLICY ︳ DISCLOSURE
CELEBRATING SUCCESS | THE FCCI 2024 ANNUAL REPORT
Corporate Overview
Teammates
880
New Teammates
123
Appointed Producers
3,805
Policy Holders
12,002
A.M. Best Rating
A (Excellent)
GAAP
$3.3
Billion Total Assets
$2.3
Billion Investment Portfolio
$1.2
Billion Direct Written Premium
$1.1
Billion Members’ Equity
$105.6
Million Net Income
99.6%
Combined Ratio
STATUTORY
$4.9
Million Policyholders’ Dividends Paid
$1.0
Billion Surplus
$77.1
Million Net Income
Financial Snapshot
Financial Snapshot
FCCI Mutual Insurance Holding Company and Subsidiaries
Summarized Balance Sheet Information (in thousands)
As of December 31, 2024 and 2023, policyholders’ surplus of the Company’s insurance subsidiaries as determined in accordance with statutory accounting practices was $1,007,908 and $908,425, respectively.
Summarized Statements of Income Information (in thousands)
The summarized financial information of the Company is derived from financial statements prepared in conformity with accounting principles generally accepted in the United States of America and are subject to an audit by an independent public accounting firm annually.
