Replies to post #391 on AICI Capital Trust 9% Pfd (fka AICPQ)

[Possum336]

Thanks again for you great assistance and info

[Enterprising Investor]

AIC Q3 2020 Financial Results (9/30/20)

Underwriting Loss was $708,538.

Investment Income was $164,264.

Net Loss was $544,274.

All figures YTD.

AIC had $11.3 million in assets at 6/30/20. Non-Admitted assets totaled $4.5 million, making Net Admitted Assets $6.8 million.

Surplus Notes remained at $16.721 million.

Surplus was $3.46 million, up slightly from $3.45 million at 6/30/20.

AIC also had more than $85.1 million of unused operating loss carryforwards at 9/30/20.