Q3 Financial Summary Shows Strength of New York’s #1 Medical Malpractice Insurer
MLMIC’s Q3 financials show continued strength and stability 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 third quarter financial statement indicates assets of $5.8 billion, liabilities of $3.3 billion and a policyholders’ surplus of $2.5 billion. Operating results through nine months have been profitable, aided by realized investment gains.
The full financial statement for Q3 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.