While some people enjoy reading financial statements, and we welcome you to read ours, other people prefer to have it summarized. For those who want a short and concise answers about our financial situation we suggest you look to the oldest, most experienced insurance company rating agency in the world, A.M. Best. Evergreen has earned an "A-" rating (Excellent) from A.M. Best and we are very proud of this. Read our A.M. Best Rating.

In 1986 Evergreen Indemnity began with $400,000 in assets. By 2008 that figure was in excess of $30 million. Our goal of providing a long term stable insurance solution for the camping industry is no longer just a goal but something we have accomplished.

Sound investment guidelines have produced outstanding results, which have improved earnings without an erosion of capital. The company's liquidity position is supported by an investment portfolio that is centered in high quality bonds and fixed interest securities with approximately 85% of its bonds maturing in less than five years.

What is Reinsurance?
The business of insuring insurance companies. By "ceding" a portion of its business to a reinsurance company, an insurer spreads the risk of exposure to catastrophic loss. This provides for more stability for an insurance company.

To foster strong financial stability for Evergreen Indemnity, reinsurance has been purchased from some of the strongest reinsurers in the industry. Evergreen uses strong reinsurers such as Scor Re, Signet Star, and Catlin to make sure that in the event of a major catastrophe that our clients are protected properly.

The company's focus on control has brought the expense ratio down to a five-year average of 26%. Industry administrative and operating expenses have been running approximately 35% of premiums. This allows Evergreen to better control policy premiums. Evergreen has also developed an aggressive claims management program to help control losses. The program has recorded a five-year 38.8% loss ratio.

The combination of conservative financial management, the backing of a powerful reinsurance program, and an active risk management department has put Evergreen in a strong financial position.

Evergreen Indemnity has been awarded a rating of "Excellent" by A.M. Best - the leading rating bureau for insurance companies. Read what A.M. Best has to say about Evergreen.