Update on International Fidelity Insurance Company’s Financial Condition

Newark, New Jersey (PRWEB) August 28, 2014

IFIC has recently filed its second quarter June 30, 2014 statutory financial statements. The company's improved investment performance and continuing sound underwriting results contributed to an increase, year over year, in earnings before and after taxes of 32% and 52%, respectively. IFIC's debt free balance sheet reports a surplus of $85.3 million and over $86 million in cash. This statement is available on the company's website: http://www.ific.com.

Headquartered in Newark, New Jersey, International Fidelity Insurance Company is the largest privately owned, independent mono-line regulated insurance company in the United States specializing in Surety. For more information visit our website: http://www.ific.com

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