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Western World Insurance Co.
400 Parson's Pond Drive,
Franklin Lakes, N.J. 07417-2600; 201-847-8600; fax: 201-847-1010
Gross premiums $67,669,294 $70,229,303
Non-admitted $42,821,926 $51,758,682
Commercial risks 96.4% 97%
Net premiums $52,481,491 $52,353,528
Paid-in capital $8,200,000 $8,200,000
surplus $145,738,813 $134,066,697
Employees* 186 181
Combined ratio 1 100.3% 100.9%
Combined ratio 2 102.7% 103.4%
Net income $13,058,716 $11,109,052
Best's rating A+ A+
S&P's rating AAq AAq
Figures reported on a pooling basis.
Parent: Western World Insurance Group.
Specialties: General liability, professional liability, malpractice.
Subsidiaries: Stratford Insurance Co. and Tudor Insurance Co., Keene, N.H.
Approved non-admitted in: All states, excluding New Hampshire and New York.
Admitted in: New Hampshire, New York.
Officers: Andrew Frazier, president; Robert Livingston, executive vp-operations; Thomas Mulligan, Stephen Gerstman, Gary Resman, senior vps; Terrye Rumsey, Lynn Rupp, Kenneth Labar, vps.
Contact: Thomas Mulligan, senior vp.
* Reflects total employees of Western World Insurance Group.