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CONTINUITY IN REINSURANCE
JUNE 2016
EMC INSURANCE COMPANIES
Bismarck
Phoenix
Jackson
Charlotte
Wichita
Birmingham
Denver
Minneapolis Milwaukee
Des Moines
Kansas City
Davenport Valley Forge
Little Rock
Dallas
Omaha
Chicago
Cincinnati
Providence
Lansing
Home Offce and Des Moines Branch
Branch Offces
Service Offces
LOCATIONS
2
3
EMC INSURANCE COMPANIES COMPANY STRUCTURE
Employers Mutual Casualty Company
EMC National Life Mutual Holding
Company
EMC National Life Marketing Services LLC
EMC National Life
Company
Hamilton Mutual Insurance Company
EMCC
EMC Property amp Casualty Company
Illinois EMCASCO Insurance
Company
EMCASCO Insurance Company
EMC Underwriters LLC
Union Insurance Company of Providence
EMC Risk Services LLC
EMC Insurance Group Inc
EMC Reinsurance
Company
Dakota Fire Insurance Company
Employers Mutual Casualty Company and its affliated companies operate under the trade name EMC Insurance Companies EMC Insurance Group Inc (EMCI) is a publicly held holding company that generates results from property and casualty insurance and reinsurance through subsidiary companies including EMC Reinsurance Company
EMC INSURANCE COMPANIES OVERVIEW
bull Organized in 1911
bull Writing voluntary assumed business since the 1950s with a continuous and ongoing reinsurance arrangement with our oldest client
bull Licensed in all 50 states
bull $1575 billion surplus
bull A (Excellent) AM Best rating
bull Direct operations consist of 90 commercial lines and 10 personal lines
bull More than 2200 employees countrywide including more than 1100 in Des Moines and 24 in EMC Reinsurance
bull EMC Insurance Group Inc named one of the 50 Most Trustworthy Financial Companies by Forbes in 2016
bull Assumed Reinsurance represents 78 of EMC consolidated premium and 209 of public company premium
bull Top 50 insurance companies based on net written premium
bull One of the largest property and casualty insurance entities in Iowa
bull Member of the Independent Insurance Agents amp Brokers of America (Big ldquoIrdquo) Trusted Choicereg brand initiative
As of June 30 2016
For the latest rating access wwwambestcom
4
EMC INSURANCE COMPANIES FINANCIALS
$14
236
52
$0
$200000
$400000
$600000
$800000
$1000000
$1200000
$1400000
$586
968
$665
683
$769
826 $9
234
85
$10
551
14
$848
575
$10
008
07
$10
795
90
$10
332
33
$11
169
33
$13
091
28 $1
505
239
$1500000
2015
Q2 2016
$15
751
27 $1600000
Policyholder Surplus ($000)
Years
Bests Capital Adequacy Ratio EMC Consolidated 3048 EMC Reinsurance 2930
5
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC INSURANCE COMPANIES
Bismarck
Phoenix
Jackson
Charlotte
Wichita
Birmingham
Denver
Minneapolis Milwaukee
Des Moines
Kansas City
Davenport Valley Forge
Little Rock
Dallas
Omaha
Chicago
Cincinnati
Providence
Lansing
Home Offce and Des Moines Branch
Branch Offces
Service Offces
LOCATIONS
2
3
EMC INSURANCE COMPANIES COMPANY STRUCTURE
Employers Mutual Casualty Company
EMC National Life Mutual Holding
Company
EMC National Life Marketing Services LLC
EMC National Life
Company
Hamilton Mutual Insurance Company
EMCC
EMC Property amp Casualty Company
Illinois EMCASCO Insurance
Company
EMCASCO Insurance Company
EMC Underwriters LLC
Union Insurance Company of Providence
EMC Risk Services LLC
EMC Insurance Group Inc
EMC Reinsurance
Company
Dakota Fire Insurance Company
Employers Mutual Casualty Company and its affliated companies operate under the trade name EMC Insurance Companies EMC Insurance Group Inc (EMCI) is a publicly held holding company that generates results from property and casualty insurance and reinsurance through subsidiary companies including EMC Reinsurance Company
EMC INSURANCE COMPANIES OVERVIEW
bull Organized in 1911
bull Writing voluntary assumed business since the 1950s with a continuous and ongoing reinsurance arrangement with our oldest client
bull Licensed in all 50 states
bull $1575 billion surplus
bull A (Excellent) AM Best rating
bull Direct operations consist of 90 commercial lines and 10 personal lines
bull More than 2200 employees countrywide including more than 1100 in Des Moines and 24 in EMC Reinsurance
bull EMC Insurance Group Inc named one of the 50 Most Trustworthy Financial Companies by Forbes in 2016
bull Assumed Reinsurance represents 78 of EMC consolidated premium and 209 of public company premium
bull Top 50 insurance companies based on net written premium
bull One of the largest property and casualty insurance entities in Iowa
bull Member of the Independent Insurance Agents amp Brokers of America (Big ldquoIrdquo) Trusted Choicereg brand initiative
As of June 30 2016
For the latest rating access wwwambestcom
4
EMC INSURANCE COMPANIES FINANCIALS
$14
236
52
$0
$200000
$400000
$600000
$800000
$1000000
$1200000
$1400000
$586
968
$665
683
$769
826 $9
234
85
$10
551
14
$848
575
$10
008
07
$10
795
90
$10
332
33
$11
169
33
$13
091
28 $1
505
239
$1500000
2015
Q2 2016
$15
751
27 $1600000
Policyholder Surplus ($000)
Years
Bests Capital Adequacy Ratio EMC Consolidated 3048 EMC Reinsurance 2930
5
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
3
EMC INSURANCE COMPANIES COMPANY STRUCTURE
Employers Mutual Casualty Company
EMC National Life Mutual Holding
Company
EMC National Life Marketing Services LLC
EMC National Life
Company
Hamilton Mutual Insurance Company
EMCC
EMC Property amp Casualty Company
Illinois EMCASCO Insurance
Company
EMCASCO Insurance Company
EMC Underwriters LLC
Union Insurance Company of Providence
EMC Risk Services LLC
EMC Insurance Group Inc
EMC Reinsurance
Company
Dakota Fire Insurance Company
Employers Mutual Casualty Company and its affliated companies operate under the trade name EMC Insurance Companies EMC Insurance Group Inc (EMCI) is a publicly held holding company that generates results from property and casualty insurance and reinsurance through subsidiary companies including EMC Reinsurance Company
EMC INSURANCE COMPANIES OVERVIEW
bull Organized in 1911
bull Writing voluntary assumed business since the 1950s with a continuous and ongoing reinsurance arrangement with our oldest client
bull Licensed in all 50 states
bull $1575 billion surplus
bull A (Excellent) AM Best rating
bull Direct operations consist of 90 commercial lines and 10 personal lines
bull More than 2200 employees countrywide including more than 1100 in Des Moines and 24 in EMC Reinsurance
bull EMC Insurance Group Inc named one of the 50 Most Trustworthy Financial Companies by Forbes in 2016
bull Assumed Reinsurance represents 78 of EMC consolidated premium and 209 of public company premium
bull Top 50 insurance companies based on net written premium
bull One of the largest property and casualty insurance entities in Iowa
bull Member of the Independent Insurance Agents amp Brokers of America (Big ldquoIrdquo) Trusted Choicereg brand initiative
As of June 30 2016
For the latest rating access wwwambestcom
4
EMC INSURANCE COMPANIES FINANCIALS
$14
236
52
$0
$200000
$400000
$600000
$800000
$1000000
$1200000
$1400000
$586
968
$665
683
$769
826 $9
234
85
$10
551
14
$848
575
$10
008
07
$10
795
90
$10
332
33
$11
169
33
$13
091
28 $1
505
239
$1500000
2015
Q2 2016
$15
751
27 $1600000
Policyholder Surplus ($000)
Years
Bests Capital Adequacy Ratio EMC Consolidated 3048 EMC Reinsurance 2930
5
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC INSURANCE COMPANIES OVERVIEW
bull Organized in 1911
bull Writing voluntary assumed business since the 1950s with a continuous and ongoing reinsurance arrangement with our oldest client
bull Licensed in all 50 states
bull $1575 billion surplus
bull A (Excellent) AM Best rating
bull Direct operations consist of 90 commercial lines and 10 personal lines
bull More than 2200 employees countrywide including more than 1100 in Des Moines and 24 in EMC Reinsurance
bull EMC Insurance Group Inc named one of the 50 Most Trustworthy Financial Companies by Forbes in 2016
bull Assumed Reinsurance represents 78 of EMC consolidated premium and 209 of public company premium
bull Top 50 insurance companies based on net written premium
bull One of the largest property and casualty insurance entities in Iowa
bull Member of the Independent Insurance Agents amp Brokers of America (Big ldquoIrdquo) Trusted Choicereg brand initiative
As of June 30 2016
For the latest rating access wwwambestcom
4
EMC INSURANCE COMPANIES FINANCIALS
$14
236
52
$0
$200000
$400000
$600000
$800000
$1000000
$1200000
$1400000
$586
968
$665
683
$769
826 $9
234
85
$10
551
14
$848
575
$10
008
07
$10
795
90
$10
332
33
$11
169
33
$13
091
28 $1
505
239
$1500000
2015
Q2 2016
$15
751
27 $1600000
Policyholder Surplus ($000)
Years
Bests Capital Adequacy Ratio EMC Consolidated 3048 EMC Reinsurance 2930
5
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC INSURANCE COMPANIES FINANCIALS
$14
236
52
$0
$200000
$400000
$600000
$800000
$1000000
$1200000
$1400000
$586
968
$665
683
$769
826 $9
234
85
$10
551
14
$848
575
$10
008
07
$10
795
90
$10
332
33
$11
169
33
$13
091
28 $1
505
239
$1500000
2015
Q2 2016
$15
751
27 $1600000
Policyholder Surplus ($000)
Years
Bests Capital Adequacy Ratio EMC Consolidated 3048 EMC Reinsurance 2930
5
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC INSURANCE COMPANIES FINANCIALS
Direct Production 12 Months Ended Dec 31 2015
Commercial Commercial Auto Liability
$367558907 $329044833 (23) (21)
Commercial PropertyWork Comp
$403567002$309654565 (25)(20)
Bonds $29704504 Personal
(2) Property $67743780
(4)
Personal Auto
$73801744 (5)
Total Direct Controlled Premium $1581075335
6
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
7
EMC INSURANCE COMPANIES FINANCIALS
Industry Segment Balance
270 All Other
bull TransportationPublic Utility bull Manufacturing bull FinanceInsurance
95 Retail
bull Grocery Stores bull C-Stores bull Car Dealers
103 Wholesale
bull Petroleum bull MachineryEquipment 98 bull Durable Goods
Public Admin bull City Government bull Townships bull County Governments
224 Services bull Schools bull Auto Repair bull HotelMotel
210 Construction
bull PlumbingHVAC bull Electrical bull Residential Construction
bull Noindustrysegmentdominatesourbook
bull Lesschanceofdramaticimpactduetochangesinregulatoryoreconomicenvironment
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC
REINSURANCE COMPANY
8
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
9
EMC REINSURANCE COMPANY OVERVIEW
Our mission is to be a stable secure and committed market especially during times of adversity by delivering service that enables
our partners and EMC Reinsurance to be mutually successful
bull Uses Employers Mutual Casualty Company (EMCC) paper to write assumed reinsurance business
bull Established in 1981 with $5 million contributed surplus (EMCC has been assuming reinsurance since the 1950s)
bull Reinsurance business is produced through intermediaries and pools
bull Over 500 contracts written for over 300 client companies
bull Reinsurance written premium volume $124503973
bull EMC Reinsurance surplus $201716082
bull Electronic funds transfer (EFT) capability to speed claim payments
bull Foreign currency EFT also available
bull A (Excellent) AM Best rating
bull Guideline maximum on any one program is $25 million
As of Dec 31 2015
As of June 30 2016 (Reinsurance writings to Surplus 0611)
For the latest rating access wwwambestcom
Exceptions apply for key accounts and territorial aggregates where portfolio of business is less concentrated
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC REINSURANCE COMPANY STRATEGIES
To maintain proftable growth and stability we must
bull Operate in an utmost good-faith manner
bull Put an emphasis on excess of loss business
bull Market for local regional national and international ceding company clients
bull Focus on multiple line reinsurance property casualty crop and marine business
bull Offer a fexible business plan and close-knit experienced staff allows us to move quickly when opportunities arise
bull Adequately reserve to ensure older underwriting years do not adversely impact current yearrsquos operations
bull Use RMS modeling of exposures to measure our exposure to catastrophe loss and purchase reinsurance protection to manage gross catastrophe loss exposure
bull Pay valid reinsurance claims quickly
10
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
11
ASSUMED REINSURANCE DEPARTMENT ORGANIZATIONAL STRUCTURE
Lori Lenz Assistant Secretary
Reinsurance Accounting Supervisor
Fany Wiranata Senior Reinsurance
Accountant
Kim Siebrands Senior Reinsurance
Accountant
Myrna Long Senior Reinsurance
Accountant
Connie DeBord Reinsurance Accounting
Associate V
Angela Baughman Assistant Vice President UnderwriterAccounting
Manager
Mary Ann Abdallah Reinsurance
Claims Supervisor
Doug Nuehring Assistant Secretary Senior Reinsurance
Account Underwriter
Jason Larreau Senior Reinsurance
Claims Adjuster
Vicki Wiebelhaus Reinsurance
Claims Associate
Terri Wilson Reinsurance Assistant
Claims Adjuster
Laveta Bigner Imaging Associate
Joni Frantz Reinsurance
Claims Supervisor
Kent McCampbell Assistant Secretary Assistant Marketing
Manager
Tara Inghram Assistant Secretary Senior Reinsurance
Pricing Analyst
Zach Antle Reinsurance
Catastrophe Risk Analyst
Dawn Rizzi Assistant Secretary Senior Reinsurance
Account Underwriter
Brian Kraft Reinsurance Account
Underwriter
Carmen Holcomb Reinsurance Underwriting
Analyst
Alex Denker Reinsurance Pricing
Underwriter
Marcus Severson Reinsurance Underwriting
Analyst
Jim Klier Reinsurance Underwriting
Assistant
Deb Smith Reinsurance Support
Specialist
Vicki Freese Vice PresidentReinsurance
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC REINSURANCE UNDERWRITING STAFF
Vicki Freese CPCU ARe EMCC Vice PresidentReinsurance EMC Re President amp COO vickilfreeseemcinscom 515-345-2980
Angela Baughman UnderwriterAccounting Manager angelambaughmanemcinscom 515-345-2213
Kent McCampbell CPCU ARe Assistant Marketing Manager kentlmccampbellemcinscom 515-345-2161
Doug Nuehring CPCU ARe AIAF Senior Reinsurance Account Underwriter dougwnuehringemcinscom 515-345-7326
Dawn Rizzi Senior Reinsurance Account Underwriter dawnmrizziemcinscom 515-345-4576
Tara Inghram CPCU ARe AU AIM Senior Reinsurance Pricing Analyst taralinghramemcinscom 515-345-4529
Brian Kraft CPCU Reinsurance Account Underwriter brianlkraftemcinscom 515-345-2046
Alex Denker ARe Reinsurance Pricing Underwriter alexwdenkeremcinscom 515-345-2659
12
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
13
EMC REINSURANCE COMPANY FINANCIALS
Split of Business
Earned Premium in 2015 $123069473 Earned Premium in 2005 $94460204
Crop CropMarineSpaceMarineSpace 17 42
7636 Casualty InternationalInternational 278 59 Casualty
124 219
PropertyPro Rata
110 PropertyPro Rata 298
Property XS306Property XS
435
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC REINSURANCE COMPANY FINANCIALS
Net Income
-5
0
5
10
15
20
25
146
146
144
-06
156 16
6
-16
164
223
124
Mill
ions
($)
2015
204
Years
14
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
EMC REINSURANCE COMPANY FINANCIALS
Net Assumed Writings
0
20
40
60
80
100
120
140
926
662 71
0
736 759 84
0 96
5 107
2
129
0
118
9
2015
124
5
Mill
ions
($)
Years
15
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
sio
n2015
StormEla ndash 2015
Mill
ions
($)
30
25
20
15
10
5
0
EMC REINSURANCE COMPANY FINANCIALS
Past Catastrophe Experience (losses in excess of $35 million)
M
711
M
130
8 M
129
9 M
20
59
M
590
M
91
M
133
0 M
20
80
M5
81 M
581
M
610
M
610
M
120
6 M
26
93
M
663
M
667
M
115
6 M
13
75
M7
80 M
780
M
518
M
518
M
100
0 M
100
0
M4
00 M
400
M
469
M
469
M
117
9 M
16
50
M4
00 M
400
M4
20 M
4
20 M3
50 M
3
50ndash
A l b e r t a W
i l d fi r e s ndash 2 0 1 6
TianjinExplo
Net Incurred Loss Gross Incurred Loss
16
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
A l b e r t a W
i l d fi r e s
EMC REINSURANCE COMPANY FINANCIALS
Losses as a Percent of Industry Losses
0180
0160
0140
0120
0100
0080
0060
0040
0020
0000
011
1
007
8
008
6
006
6
011
9
011
0
014
5
008
2
010
0
006
7
T i a n j i
n E x p l o s i
o n
PCS Estimates at Dec 31 2015
EMC Re Losses at June 30 2016
17
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
160
0
20
40
60
80
100
120
140
EMC REINSURANCE COMPANY
Com
bine
d Ra
tios
ndash Tr
ade
Basi
s
FINANCIALS
EMC Reinsurance vs Reinsurance Industry
2015
EMC Re RAA
The Reinsurance Association of America (RAA) is the leading trade association of property and casualty reinsurers doing business in the United States wwwreinsuranceorg
18
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
19
DES MOINES FACTS The early settlers of Des Moines frst named the area ldquoMoingonardquo which is a Native American word meaning ldquoriver of the moundrdquo French settlers changed the name to ldquoDes Moinesrdquo which means ldquothe middlerdquo The term is commonly understood to refer to the principal river between the Mississippi and the Missouri rivers
Area 772 square miles
Population 207510 (108th Largest City in the United States)
611549 (Des Moines metro area)
Unemployment rate 44 (February 2015)
66 insurance companiesrsquo headquarters
3rd largest insurance center (after London England and Hartford Conn)
Major industries Finance and insurance government manufacturing trade and service
37-mile skywalk system started in 1980s and is one of the largest in the United States
Located in the Midwest 326 miles west of Chicago Ill 189 miles north of Kansas City Mo and 264 miles south of Minneapolis Minn
Ranked No 1 Wealthiest City in America by the TODAY Show (2014)
Ranked No 1 Best Midwest Cities for Young Adults by The Business Journal (2013)
Ranked No 3 Top US Citiesrsquo Emerging Downtowns by Forbes (2013)
Selected as one of the Three Best Cities to Start a Business by Forbes (2013)
Americarsquos Insurance Heavyweights Hartford Conn (Champion) vs Des Moines Iowa (Challenger)
Hartford Des Moines
Metro Area Population 1212381 611549
Insurance Jobs 40500 24100
Insurance Jobs to Population Ratio 130 124
Unemployment Rate 69 44
The Des Moines Register (2013) US Department of Labor Bureau of Labor Statistics (2015)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)
IOWA FACTS bull Area 56276 square miles (26th largest state)
324 miles wide from east to west 210 miles long from north to south Highest point 1670 ft Lowest point 480 ft
bull Population 3062309mdash2011 (30th largest state)
bull Admitted as a state in 1846 became US property in 1803 as part of the Louisiana Purchase
bull Nickname Hawkeye State bull No 1 state in corn soybean egg and
hog production bull Ranks 3rd in total livestock sales
(CA No 1 TX No 2) bull 41 public and private colleges bull 28 community college campuses bull Ranks No 4 in golf courses per capita (18 holes) bull Ranks No 9 in nation for peacefulness
(Institute for Economics) bull Ranks No 5 - Best US States for Young Adults
(MoneyRates 2013) bull Ranks No 12 - Best States for Business
(Forbes 2013)
Iowa Firsts bull First Basketball Game
(Intercollegiate)mdash1893 bull First Can of Beermdash1935 bull First US Fast-Food Franchisemdash1926 bull First Home Microwave Ovenmdash1967 bull First Train Robbery in History
(Jesse James)mdash1873
Famous Iowans bull Herbert HoovermdashPresident bull John AtanasoffClifford BerrymdashInventors of the
digital computer bull Bill BrysonmdashAuthor of Thunderbolt Kid bull George GallupmdashPollster bull Zach JohnsonmdashPro golfer bull Johnny CarsonmdashNoted talk show host bull George Washington CarvermdashAcclaimed botanist and
humanitarian bull Kurt WarnermdashNFL quarterback bull Ashton KutchermdashActor bull Dan GablemdashKingpin of wrestling bull Fred MaytagmdashDeveloped the agitator washing
machine bull Salvatore A GiuntamdashMedal of Honor winner bull John WaynemdashAcademy Award-winning actor bull Elijah WoodmdashActor bull Lolo JonesmdashProfessional track athlete amp Olympic
bobsledder bull Tom ArnoldmdashActor bull Glenn MillermdashOrchestra leader bull Cloris LeachmanmdashActress bull Shawn JohnsonmdashOlympic gymnast
EMC Reinsurance Company | 717 Mulberry St | Des Moines IA 50309 | 800-447-2295 | wwwemcinscom
copy Copyright Employers Mutual Casualty Company 2016 All rights reserved RE0001 (10-16)