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Dear Agents, Insureds, and Friends:
We regularly publish, unedited, our year-end Management's Discussion and Analysis Reports of the last ten years and the two five-year historical data links excerpted directly from our Annual Statements as testimony of our stable operations and steadfast commitment to our business model.
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Michael T. Gray
President |
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 The Gray Insurance Company -- Management's Discussion and Analysis:
Five Year Historical Data: 2008 - 2012
Five Year Historical Data: 2007 - 2011
Five Year Historical Data: 2002 - 2006
 Year Ended December 31,
2012
Year Ended December 31,
2011
Year Ended December 31,
2010
Year Ended December 31,
2009
Year Ended December 31,
2008
Year Ended December 31,
2007
Year Ended December 31,
2006
Year Ended December 31,
2005
Year Ended December 31,
2004
Year Ended December 31, 2003
Year Ended December 31, 2002
Year Ended December 31, 2001
The Gray Casualty & Surety Company --
Management's Discussion and Analysis:
Five Year Historical Data: 2008 - 2012
Five Year Historical Data: 2007 - 2011
Five Year Historical Data: 2002 - 2006
Year Ended December 31,
2012
Year Ended December 31,
2011
Year Ended December 31,
2010
Year Ended December 31,
2009
Year Ended December 31,
2008
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