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t , <br /> LEAGUE OF MINNESOTA CITIES INSURANCE TRUST <br /> PROPERTY/CASUALTY <br /> 2016 DIVIDEND CALCULATION <br /> AT MAY 31,2016 <br /> NCI-BIB LLC <br /> NORTHERN CAPITAL INSURANCE GRP <br /> 8200 HIGHWOOD DR <br /> PO BOX 9396 <br /> MINNEAPOLIS MN 55440-9396 <br /> Elk River Municipal Utilities GROSS EARNED PREMIUM $428,482 <br /> 13069 ORONO PARKWAY ADJUSTED LOSSES $125,000 <br /> PO BOX 430 MEMBERS DIVIDEND PERCENTAGE 0.00048278876 <br /> ELK RIVER,MN 55330-0430 DIVIDEND AMOUNT $12,070 <br /> ELK RIVER MUNICIPAL UTILITIES <br /> $1130,000• Premium and Dividend History <br /> $160,000- <br /> $140,000• <br /> $120,000 — — <br /> $100,000 <br /> $80,000 — —-- Ele <br /> $80,000 <br /> $40,000$20,000$0 W os w '.o 'I1 - '12 '13 'ta Y$s <br /> 622mton141111161S6 SO to to-__so._.. *0 -_.-SO_ SO 5102,026 $147,160 0540,600 <br /> oDiaNWs $0 So So $0 50 $0 SD 01,030.-.---$7.220 $12,070 <br /> ELK RIVER MUNICIPAL UTILITIES <br /> Premiums and Dividends Since 1987 <br /> $500,000 <br /> $450,0000 <br /> A b `til <br /> $300.000: ? <br /> $50,00. <br /> � <br /> '{')M0•» � s <br /> n$160,000`MAO ar$100,000 a <br /> y _ <br /> Written Premiums Dividends <br /> The"gross earned premium'figure Is the member's total earned premiums as of May 31,2016 for the past 20 years.This Is the premium figure that's used In the dividend calculation. <br /> The"2016 written premium"figure is the member's total premium for the member's most recent renewal prior to May 31,2016(for most members,only a portion of that 2016 written <br /> premium would be earned as of May 31,2016). <br /> 315 <br /> 139 <br />