Annual Report

2012 Annual Report Overview

2011 Annual Report

...The market for mutual fund insurance continued to be competitive throughout 2012.  While commercial insurers sought to raise primary insurance rates on their existing clients, an over-supply of capacity tended to dampen premium increases.  Given ICI Mutual’s strategy to maintain stable premium rates, the vast majority of the Company’s insureds renewed their coverage at expiring rates.  ICI Mutual’s client retention rate of over 95% is testament to its strategy of stable premiums...

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Past Annual Reports