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EMC Insurance Group, Inc.

EMC Insurance Group, Inc.

Sector: Fire Marine And Casualty Insurance Region: IA, United States


: | Nasdaq: EMCI


Similar to: Markel Corp., Catlin Group Ltd.

EMC Insurance Group, Inc. is an insurance holding company, which is engaged in providing business, personal, life insurance and loss control services through its subsidiaries: EMC Reinsurance Co., EMCASCO Insurance Co., Dakota Fire Insurance Co. and Illinois EMCASCO Insurance Co. The company operates through two reportable segments: Property and Casualty Insurance and Reinsurance. The Property and Casualty Insurance segment writes both commercial and personal lines of insurance, with a focus on medium-sized commercial accounts. The segment operations are integrated with the property and casualty insurance operations of employers mutual through participation in a reinsurance pooling agreement. The Reinsurance segment provides reinsurance for other insurers and reinsurers. The reinsurance operations are conducted through EMC Reinsurance company. The principal business activity of EMC Reinsurance company is to assume, through a quota share reinsurance agreement, the voluntary reinsurance business written directly by Employers Mutual with unaffiliated insurance companies. EMC Insurance Group was founded in 1974 and is headquartered in Des Moines, IA.

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