• Filing Date: 2018-03-07
  • Form Type: 10-K
  • Description: Annual report
v3.8.0.1
Regulatory Requirements and Restrictions (Tables)
12 Months Ended
Dec. 31, 2017
Text Block [Abstract]  
Summary of Required Ratio of Gross and Net Written Premium to Surplus

The required ratio of gross and net written premium to surplus, which the Company’s insurance companies had exceeded, is summarized below:

 

     Years Ended December 31,
     2017    2016    2015

HCPCI:

        

Gross

   2.01 to 1    1.81 to 1    1.85 to 1

Net

   1.11 to 1    1.07 to 1    1.00 to 1

TypTap:

        

Gross

   0.33 to 1    0.09 to 1    *

Net

   0.27 to 1    0.07 to 1    *

 

* TypTap began operations in 2016.