Dividends

Affinity Insurance Ltd. (Affinity) operates on a five year accounting cycle, and the Board of Directors will endeavor to declare an interim distribution for an underwriting year three years after the underwriting year has ended. Each policy year’s results stand alone and are divided within the company’s equity statements for illustrative purposes. Every member’s equity position for each underwriting year is shown in detail by member number

Historical Distributions

Historically, shareholders with positive equity received $484,000,000 in dividends since the inception of Affinity. The ability to pay dividends arises in part from the continued strength of Affinity members’ safety and claims administration programs. Dividends are paid on a formula basis that takes individual loss experience into account, not on a per share basis.