AmericanAgTM has a solid financial foundation and more than 70 years of experience. With $1.29 billion in gross premium written in 2020, we rank among the world’s 50 largest reinsurance groups, as rated by A.M. Best.

Results for the second quarter of 2021 at AmericanAg™ were good. Lower-than-expected catastrophe losses contributed to an underwriting gain of $9.4 million for the quarter. Stock market gains and lower-than-expected expenses helped add $16.7M to surplus during the quarter, for a total surplus gain of $42M for the year.

Results as of June 30, 2021 were as follows:

• Earned Premium: $216,694,184
• Incurred Losses: $160,782,357
• Loss Ratio: 74.2%
• Expense Ratio: 15.9%
• Combined Ratio : 90.1%
• Surplus: $681,386,349