Q1 Financials Show Strength for New York’s #1 Medical Malpractice Insurer
MLMIC’s Q1 financials show a strong start to 2018 for New York’s leading medical liability insurer. In a consistently challenging insurance marketplace, it is reassuring to know that MLMIC is sound and ready to serve its policyholders.
MLMIC’s first quarter financial statement indicates assets of $5.4 billion, liabilities of $3.1 billion and a policyholders’ surplus of $2.3 billion. Operating results through three months have been profitable, aided by realized investment gains.
The full financial statement for Q1 has been filed with the regulator, and a summary of key financial indicators is available here. For a refresher on why insurer financials matter to policyholders, click here.