EMC Insurance Group Inc. (EMCI) 2008年年度报告「NASDAQ」.pdf

1、717 Mulberry StreetDes Moines,Iowa 50309515-280-2511800-447-2295EMCIns.GroupEMCICopyright EMC Insurance Group Inc.2009.All rights reserved.The comfort of security.2 0 0 8A N N U A L R E P O R T2 0 0 8 A N N U A L R E P O R TE M C I n s u r a n c e G r o u p I n c.2 3 2 0 0 8 A N N U A L R E P O R TC

2、orporate ProfileCORPORATE STRUCTUREEMC Insurance Group Inc.(the Company)is a publicly-held insurance holding company with operations in property and casualty insurance and reinsurance.Our operations are conducted together with those of our parent corporation,Employers Mutual Casualty Company(Employe

3、rs Mutual).We conduct business collectively under the trade name EMC Insurance Companies.Established in 1911,Employers Mutual is a mutual insurance company headquartered in Des Moines,Iowa,employing approximately 2,200 people countrywide.EMC Insurance Group Inc.was formed in 1974 and became publicly

4、 held in 1982.Employers Mutual owns 59 percent of the Companys common stock.EMC Insurance Group Inc.s common stock trades on the NASDAQ Global Select Market tier of the NASDAQ Stock Market under the symbol EMCI.MARKETING TERRITORIESOur insurance companies are licensed in all 50 states and the Distri

5、ct of Columbia;however,the majority of our business is generated in the Midwest.Our primary focus is on the sale of property and casualty insurance to small and midsized businesses,as well as some larger accounts and personal lines.Our insurance products are marketed through 16 branch offices locate

6、d strategically throughout the country and through a distribution network of approximately 2,140 independent insurance agencies.Each branch office performs its own underwriting,claims,marketing and loss control functions.A local presence through our decentralized network of branch offices is importa