AEGIS News | June 2021
2020 AEGIS Annual Review
The global pandemic, the resulting volatility in the financial markets, and the disruption in the commercial insurance market created significant challenges for our members in 2020. AEGIS was prepared and ready to provide stable coverage, expanded limits and new products and services.
Despite the unforeseen and unprecedented challenges of 2020, we achieved several significant financial milestones. Thanks to member support of our stable approach to underwriting and our expanded limits, gross premiums written reached $2.1 billion and policyholder surplus topped $1.9 billion, both of which are the highest levels in the history of the company. We also paid a record amount in claims, $1.1 billion, bringing the total amount of claims paid since AEGIS was founded to more than $19 billion. Premium credits increased as well.
Read more about our 2020 results and the ways AEGIS is supporting members in the 2020 Annual Review.