Donegal Investor Presentation – April 2022
First Quarter 2022Investor Presentation
President and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Forward-Looking Statement
We base all statements contained in this presentation that are not historic facts on our current expectations. Such statements are forward-looking in nature (as defined in the Private Securities Litigation Reform Act of 1995) and necessarily involve risks and uncertainties. Forward-looking statementswe make may be identified by our use of words such as"will," "expect," "intend," "plan," "anticipate," "believe," "seek," "estimate"and similar
expressions. Our actual results could vary materially from our forward-looking statements. The factors that could cause our actual results to vary materially from the forward-looking statements we have previously made include, but are not limited to, prolonged economic challenges resulting from the COVID-19 pandemic, adverse litigation and other trends that could increase our loss costs (including labor shortages and escalating medical, automobile and property repair costs), adverse and catastrophic weather events, our ability to maintain profitable operations (including our ability tounderwrite risks effectively and charge adequate premium rates), the adequacy of the loss and loss expense reserves of our insurance subsidiaries,
the availability and successful operation of the information technology systems our insurance subsidiaries utilize, the successful development of new information technology systems to allow our insurance subsidiaries to compete effectively, business and economic conditions in the areas in which we and our insurance subsidiaries operate, interest rates, competition from various insurance and other financial businesses, terrorism, the availability and cost of reinsurance, legal and judicial developments including those related to COVID-19 business interruption coverage exclusions, changes inregulatory requirements, our ability to attract and retain independent insurance agents, changes in our
describe from time to time in our filings with the
Reconciliations of non-GAAP data are included in the financial supplement section of this presentation.
Company Overview
The Company offers full lines of commercial products (approx. 62% of 2021 NPW) and personal products (approx. 38% of 2021 NPW), including commercial multi-peril, automobile, homeowners, workers' compensation and other coverages.
Strategies to Provide Value to Stakeholders
Significant Benefits to Shareholders from Mutual Relationship
-
•Pooling agreementfosters anenvironment of continuityand maintainssuperior employee relationsin which the business can grow.
-
•Shared combined business plan toenhance market penetrationandunderwriting profitability.
-
•Product offerings arecomplementary, offering abroad range of productsthat expands our ability to service accounts.
1Because of the different relative voting power of Class A common stock, public stockholders hold approximately 30% if the aggregate voting power of the combined classes. Donegal Mutual holds approximately 70% of the aggregate voting power of the combined class.
Rated A (Excellent)
by
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Disclaimer


First American Financial Reports First Quarter 2022 Results
First American Financial Reports First Quarter 2022 Results
Advisor News
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor NewsAnnuity News
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
More Annuity NewsHealth/Employee Benefits News
- MEDICAID PAYMENT TRANSPARENCY RULES: STATE REPORTING REQUIREMENTS AND LIMITATIONS
- Medicare open enrollment continues through Dec. 7
- Pike County facing year-end employee healthcare lapse
- Investigators at University of Pennsylvania Report New Data on Managed Care (In-hospital Medicaid enrollment facilitates follow-up care for emergency general surgery patients): Managed Care
- New Findings from University of Pennsylvania in the Area of Managed Care Described (Association of Neighborhood Socioeconomic Disadvantage With Excess Mortality Among Medicare Beneficiaries: Examining an Empirical Basis for Social Risk …): Managed Care
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
- Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
- Brighthouse Financial Announces Third Quarter 2026 Results
- Prudential earnings dip as Japan sales suspension offsets U.S. growth
More Life Insurance News