MCY: the balance sheet

MyFinsight

For the year ending 2025-12-31, MCY has $9,560,669K in assets. $7,143,394K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Fixed maturity securities (amortized cost 5,449,726 4,982,459)	5,430,251
Equity securities (cost 728,460 795,068)	812,787
Short-term investments (cost 336,978 283,792)	336,992
Total investments	6,580,030
Cash	1,315,574
Premiums	751,554
Allowance for credit losses on premiums receivable	6,000
Premiums receivable, net of allowance for credit losses	745,554
Accrued investment income	73,004
Other	86,508
Total receivables	905,066
Reinsurance recoverables (net of allowance for credit losses 39 0)	109,672
Deferred policy acquisition costs	359,724
Fixed assets, net	146,880
Operating lease right-of-use assets	12,125
Deferred income taxes	30,637
Goodwill	42,796
Other intangible assets, net	6,827
Other assets	51,338
Total assets	9,560,669

Loss and loss adjustment expense reserves	3,633,338
Unearned premiums	2,255,935
Notes payable	574,527
Accounts payable and accrued expenses	448,703
Operating lease liabilities	12,328
Current income taxes	30,770
Other liabilities	187,793
Total liabilities	7,143,394
Common stock without par value or stated value, authorized 70,000 shares issued and outstanding 55,389 55,389	99,699
Retained earnings	2,317,576
Total shareholders equity	2,417,275
Total liabilities and shareholders equity	9,560,669

Unit: Thousand (K) dollars