CIG in 2011 A.M. Best’s Top 200


Capital Insurance Group Outperforms Industry to Achieve

A.M. Best’s Top 200 U.S. Property/Casualty Writers List


CIG moves up the list based on 2010 Net Premiums Written

MONTEREY, Calif. (July 13, 2011) – Capital Insurance Group (CIG) outperformed the property and casualty industry by growing 2010 net premiums written by 7.6 percent, well above the industry average of 0.4 percent. This increased growth landed CIG at a ranking of 145 for the 2011 A.M. Best’s Top 200 U.S. Property/Casualty Writers; up from 155 in 2010. CIG has appeared in the annual ranking for the past 9 years, with 2011 being the highest ranking achieved to date.

Founded in 1899, A.M. Best Company is a full-service credit-rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. Policyholders refer to Best’s ratings and analysis as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles.

CIG moved up from $276 million net premiums written in 2009 to $297 million in 2010. The Top 200 companies in this annual ranking account for $405 billion of the total $430 billion net premiums written by the total U.S. Property/Casualty industry.

“Our growth in net premiums written outpaced the industry because CIG has a strong mix of property and casualty products and a solid foundation of service, leading to an excellent retention ratio,” said Peter Cazzolla, CEO/President, Capital Insurance Group. “2011 looks to be another strong year for CIG, with the first six months for total gross-written-premium growth at 4.8%. We look forward to continuing to improve our ability to advance our market position through strong business partnerships, quality products, and outstanding customer service,” Cazzolla concluded.

CIG first appeared on the A.M. Best ranking in 2002, at the 181 spot. Since then, they have appeared eight times, moving up in the rankings to their best position at 145 this year.