Replies to post #380 on AICI Capital Trust 9% Pfd (fka AICPQ)

[Enterprising Investor]

No mention of any subsequent events after year end and the filing date of 2/26/20.

[Enterprising Investor]

AIC Q1 2020 Financial Results (3/31/20)

Underwriting Loss was $235,352.

Investment Income was $65,188.

Net Loss was $170,164.

AIC had $13.2 million in assets at 3/31/20. Non-Admitted assets totaled $4.6 million, making Net Admitted Assets $8.5 million. No change in Surplus Notes at $18 million.

Surplus was $5 million, up from $4 million at 12/31/19.

AIC also had more than $84.7 million of unused operating loss carryforwards at 3/31/20.