Acuity announced that its policyholders’ surplus has reached $3 billion (GAAP), the largest amount ever in the insurer’s 95-year history. Policyholders’ surplus is the term used by insurance companies to represent equity or retained earnings on their balance sheets. Although termed “surplus,” this financial resource is a critical component of an insurer’s strength and ability to meet its obligations to policyholders. 

“Acuity’s strong policyholders’ surplus position allows us to continue to fulfill our promise of protection to customers. It enables us to write more insurance and to remain a resource for individuals, families, and businesses. And it supports our staffing expansion to meet the growth demands of our business,” said Ben Salzmann, Acuity President and CEO.

“Policyholders’ surplus is important to everyone—customers, independent insurance agents, and our staff. Policyholders’ surplus is an indicator of financial strength, which is critical to our long-term success,” said Wendy Schuler, Acuity Vice President-Finance.

Acuity’s growth in policyholders’ surplus has been more than four times the industry benchmark over the past 20 years.

Acuity Insurance, headquartered in Sheboygan, Wisconsin, insures over 125,000 businesses, including 300,000 commercial vehicles, and nearly a half million homes and private passenger autos across 29 states. Rated A+ by A.M. Best and S&P, Acuity employs over 1,400 people.