The following
financial data has been extracted from the audited consolidated financial
statements as of December 31, 2007.
Assets
Cash & investments
Insurance Balances receivable
Fixed assets & other receivables
Total assets
US$
44,727,000
17,126,000
7,944,000
69,797,000
Unearned premiums
Outstanding claims
Accounts payable/other liabilities
Total
Shareholders' equity
Total liabilities and equity
18,283,000
3,243,000
7,495,000
29,021,000
40,776,000
69,797,000
Financial
ratings
Island
Heritage Insurance Company, Ltd. has been assigned financial ratings
of A- (Excellent) by A. M. Best Co.
A. M. Best Co., established in 1899, is one of the world's oldest and
most authoritative insurance rating and information sources. A financial
strength rating of A- reflects Island Heritage's sound capitalization,
excellent balance sheet liquidity, comprehensive reinsurance program and
growing market presence in the Caribbean.
