• Filing Date: 2020-03-06
  • Form Type: 10-K
  • Description: Annual report
v3.19.3.a.u2
Regulatory Requirements and Restrictions (Tables)
12 Months Ended
Dec. 31, 2019
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,

 

 

2019

 

2018

 

2017

HCPCI:

 

 

 

 

 

 

Gross

 

1.92 to 1

 

2.17 to 1

 

2.01 to 1

Net

 

1.15 to 1

 

1.27 to 1

 

1.11 to 1

TypTap:

 

 

 

 

 

 

Gross

 

2.23 to 1

 

0.57 to 1

 

0.33 to 1

Net

 

1.63 to 1

 

0.38 to 1

 

0.27 to 1