Financial Information
St. Johns Insurance Company files the following Statutory Financial Statement with the
Office of Insurance Regulation on a quarterly basis.
St. Johns Insurance Company, Inc.
Statutory Balance Sheet
As of March 31, 2017
(Unaudited)
| Admitted Assets |
| Cash and Invested Assets: |
| Fixed income securities, at amortized cost |
$91,243,035 |
| Short-term investments |
985,332 |
| Cash |
17,343,766 |
| Total Cash and Invested Assets |
109,572,133 |
| Accrued investment income |
680,947 |
| Premium and agents balances receivable |
8,429,420 |
| Reinsurance recoverable on paid losses |
17,698,578 |
| Property and equipment, net |
75,098 |
| Current income taxes recoverable |
3,341,262 |
| Deferred income tax assets, net of valuation allowance |
2,765,800 |
| Total Admitted Assets |
$142,563,238 |
| Liabilities and Policyholders' Surplus |
| Liabilities: |
| Losses and loss adjustment expense reserves, net |
$15,412,463 |
| Unearned premiums, net |
38,447,249 |
| Reinsurance payable |
15,403,592 |
| Accounts payable, commissions, and accrued expenses |
22,405,307 |
| Total Liabilities |
91,668,611 |
| Capital and Policyholders' Surplus |
| Capital stock |
1,500,000 |
| Surplus debentures |
11,176,471 |
| Additional paid in capital |
92,215,000 |
| Unassigned funds |
(53,996,844) |
| Total Capital and Policyholders' Surplus |
50,894,627 |
| Total Liabilities and Policyholders' Surplus |
$142,563,238 |
Financial Information (PDF)