Archway Insurance Ltd. generally operates on a five year accounting cycle, and the Board of Directors will endeavor to declare an interim distribution for an underwriting year three 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.
Historically, shareholders with positive equity received over $127 million in dividends since the inception of Archway Insurance Ltd., and dividends exceeding $18 million were declared in 2020. The ability to pay dividends arises in part from the continued strength of Archway Insurance Ltd. 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.