Dividends
Error message
Warning: preg_match(): Allocation of JIT memory failed, PCRE JIT will be disabled. This is likely caused by security restrictions. Either grant PHP permission to allocate executable memory, or set pcre.jit=0 in drupal_valid_http_host() (line 743 of /var/www/html/includes/bootstrap.inc).Presidio Insurance, Ltd. (Presidio) generally operates on a five-year accounting cycle, and the Board of Directors will endeavor to declare an interim distribution for an underwriting year four 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 Distribution
Historically, shareholders with positive equity have received $106 million in dividends since the inception of Presidio. The ability to pay dividends arises in part from the continued strength of Presidio 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.