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 Alliance National Insurance increases Surplus 25% for 2014- Alliance National Insurance increases Surplus 25% for 2014
- March 12, 2015
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Net Income increases while reserves are strengthened.
Fort Washington, PA - Alliance National Insurance Company(ANIC) announced today that it has increased policyholder surplus by 25% for the year ending 2014 to $7.2m. In addition, direct written premiums increased 34% to fuel a $2.1m increase in net income. This allowed senior management to voluntary strengthen its loss reserve position.
Alliance National's president and CEO, H. James Agnew said "as a boutique carrier, any swing in market conditions has an immediate impact on our financial posi...
- View more at: http://www.1888pressrelease.com/alliance-national-insurance-increases-surplus-25-for-2014-pr-557886.html
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