| 21st Century Insurance is the seventh largest personal auto insurance company in California and insures over 1.2 million automobiles. 21st Century Insurance offers personal automobile, motorcycle, and umbrella insurance in California and automobile insurance in Arizona, Illinois, Indiana, Nevada, Ohio, Oregon and Washington. The company receives much of its new business through referrals from current policyholders; the average annual renewal rate of existing policyholders is over 93%. At year-end 2002, 21st Century Insurance Group had $965.3 million in net premiums written, $981.3 million in revenues, and assets totaling $1.5 billion. |
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