Demotech Performance of Title Insurance Companies
The Definitive Reference for the Title Insurance Industry
Demotech, Inc. offers the 2004 edition of Demotech Performance of Title Insurance Companies
The 2004 edition of Demotech Performance of Title Insurance Companies is the most comprehensive, detailed, and analytical study of the title insurance industry ever published. 2004 marks the first year that Demotech, Inc., the leading authority on the financial stability of title underwriters since 1992, has produced this industry publication. Building upon the fifteen year track record of Larry Kirwin’s CDS Performance of the Title Insurance Companies, this edition will offer a quantum leap forward in the coverage of title underwriters.
This reference contains:
Overall 2004 Title Industry Performance
Industry Profit and Loss Performance: Industry-wide compilation of operating income, operating profit, losses incurred, and net income, as well as the industry’s “fund” for title losses.
Key Ratio Comparison & Ranking - All Companies: Five key ratios are presented for each company in a side-by-side comparison for quick reference:
Total Operating Income
Operating Profit Margin
Premium to Net Liquid Assets
Policyholder Surplus
Loss Ratio
State-By-State Company Activity: Premiums Written and Losses Paid including Market Share Data
For each state, U.S. territory, and Canada, the report details the title insurance business conducted by each company – its premiums written (and market share), losses paid (and market share) and losses paid as a percentage of premiums written.
Detailed Balance Sheet and Income Statements per Company and for the Industry:
Comparative Balance Sheets – For Each Title Insurer - Offers a line item by line item analysis of each title insurance company, each company’s assets, liabilities and surplus are displayed side by side with those of other companies. For each asset, liability, or surplus item, percentages are calculated and presented for easy analysis.
Composite Balance Sheet For The Industry - Separate line items detail the aggregate assets, liabilities, and surplus for the title insurance industry as a whole.
Comparative Income Statement – For Each Title Insurer - Each company’s revenues, operating expenses, investment income, and capital and surplus accounts are displayed in detail side by side with those of every other company, and percentage comparisons are provided for each line item.
Details include:
Premiums written
Personnel costs
Realized capital gains from affiliates
Policyholder surplus
Adjustments to loss reserves
Composite Income Statement For The Industry - For all line items, one table displays the total revenues, operating expenses, investment income, and capital and surplus accounts of the entire title insurance industry.
Over 30 Analytical Ratios, Measures, and Ranks of Company Performance
Detailed and comprehensive data on each company’s 2003 marketing results and financial position.
Operating Results
Amount of Insurance Written
Combined Ratio
Total Operating Income
Net Investment Gain (Loss) – Composition
Agency Premium and Retention Percentages
Net Investment Gain (Loss) Ratio
Operating Expense Ratio before Title Losses
Yield on Invested Assets
Operating Profit Margin
Operating Gain to Revenue
Loss Ratios
Cash Generation to Revenue
Losses to Revenue Net of Agency Retention
Net Income before Tax to Average Assets
Changes in Policyholder Surplus
Return on Policyholder Surplus
Operating Position and Situations
Net Liquid Assets
Statutory Premium Reserve to IBNR Reserve
Current Liquidity
Policyholder Surplus to Net Operating Expenses
Premiums to Net Liquid Assets
Policyholder Surplus
Premiums to Policyholder Surplus
Specific Assets, Liabilities, and Expenses
Stocks of Affiliates to Total Assets
Non-Admitted Assets to All Assets
Premium for Reinsurance Ceded and Assumed
Losses and Ability to Meet Losses
Losses Incurred – Five Year Comparison
Operating Profit, Investment Gain, and Loss Reserves to Average Losses
Losses Paid/Incurred – Composition
Surplus and Reserves to Average Losses
Operating Profit to Average Losses
Net Liquid Assets to Average Losses
Operating Profit and Investment Gain to Average Losses
Click here to view the press release which announced the purchase of this publication.
For nearly 20 years Demotech, Inc., a Columbus, OH based financial analysis and actuarial consulting firm, has been serving clients throughout the insurance industry. Demotech offers a variety of services including actuarial opinions and pricing assistance, strategic market and product evaluations and analysis, state filings assistance, as well as financial valuations. Demotech was the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac, and HUD. Since 1989, Demotech’s Financial Stability Ratings® have provided an independent opinion on the financial stability of property and casualty insurers and title insurance underwriters.
