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Home > About Federated > Annual Report
 
     
  To Our Members  
  On December 31, 2007, Federated marked the close of another strong year. As the following indicators show, our financial position remains solid:

  • Total assets increased by 12.0% to $313.0 million
  • Surplus increased by $12.4 million to $97.6 million, another all-time high
  • Premiums written reflect a modest 3.8% increase
  • Combined loss and expense ratio was 99.8%, meeting our target of operating at or below 100%.
    Phil Irwin
President and
Steven J. Reed Chief Executive Officer
Chairman,
Federated Board of Directors

We have dedicated the 2007 Annual Report to safety and the power of sharing information.  In this report, you will find first-person accounts from five cooperative executifves about their safety program, how they dealt with accidents, and the steps they're taking to avoid them in the future.

 

 


 

  
 
 
  
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