Through March, 31,2022, our Group financial results (not including affiliate Michigan Millers), as measured by our combined ratio, is 93.7% (vs. goal of 94.1% for the year).
We continue to enjoy very high levels of policyholder retention and direct written premium growth of 7.1%. This solid start for our Group has benefited from a relatively inactive spring storm season in the Midwest. We will, as always, look to our agency partners to help keep this momentum through the balance of the year.
In March, we held our all employee Annual Meeting. It was a great opportunity to come together as a group after being apart for about two years. I certainly enjoyed the chance to see employees in person and deliver some great news about our 2021 Group results to a live audience. I’m already looking forward to next year’s meeting!