Printable PDF Version of in.focus

Financial Statements

Growth in Stockholder's Surplus

One of Princeton’s primary objectives in 2004 was to continue to grow surplus funds. We have met that goal, finishing the year with a surplus totaling $166.6 million.

This significant increase, taken in conjunction with additional strengthening of loss reserves and reducing the number of risks Princeton is exposed to, has improved and strengthened our overall leverage position.

With net income of $18.2 million for the period, Princeton’s stockholder’s surplus has increased by $59.4 million since year-end 2002. Princeton remains committed to its partnership with the New Jersey healthcare community, and being a good partner means maintaining financial strength and integrity over the long-term.



This website is not intended to be a solicitation of insurance in any state in which Princeton Insurance Company, or a member of its corporate family, is not licensed, nor is it intended to create, modify or change the terms of any insurance policy issued by Princeton Insurance Company or any affiliated insurance company in the MLMIC Group of insurance companies.