MLMIC’s Q2 financials show continued strength and stability for New York’s leading medical liability insurer. Given recent press comparing us and our major competitor in New York, it is reassuring to know that, as New York’s leading medical liability insurer, MLMIC is sound and ready to serve its policyholders.
MLMIC’s second quarter financial statement indicates assets of $5.5 billion, liabilities of $3.7 billion and a policyholders’ surplus of $1.8 billion. Operating results through six months have been profitable, aided by realized investment gains.
The full financial statement for Q2 has been filed with the regulator, and a summary of key financial indicators is available here.