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Enterprising Investor

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Re: Enterprising Investor post# 317

Saturday, 06/01/2019 11:49:34 AM

Saturday, June 01, 2019 11:49:34 AM

Post# of 467
AIC Q1 2019 Financial Results (12/31/19)

Underwriting Loss was $250,343.

Investment Income was $101,716.

Net Loss was $146,798.

AIC had $20.6 million in assets at 3/31/19, up from $20.4 million in assets at 12/31/18. Non-Admitted assets totaled $10.5 million, making Net Admitted Assets $10.2 million.

Surplus was $3.0 million, down from $3.3 million at 12/31/18.

AIC also had $105,973,043 of unused operating loss carryforwards at 3/31/19.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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