Financial stability and strength are important purchase considerations of policyholders and insurance agents and brokers. Because an insurance premium paid today purchases coverage for losses that might not be paid for many years, the financial viability of the insurer is of critical concern. Various independent rating agencies provide information and assign ratings to assist buyers in their search for financially sound insurers. Rating agencies periodically re-evaluate assigned ratings based upon changes in the insurer's operating results, financial condition or other significant factors influencing the insurer's business. Markel Southwest's affiliated carrier, Evanston Insurance Company is rated:

"A" (Excellent) g, XIII by A.M. Best

"A" (High) by Fitch/Duff & Phelps

The above financial strength ratings concern only the liklihood of timely payment of policyholder obligations and are not intended to refer to the ability of either rated company or its parent or subsidiary to pay non-policy obligations such as debt or commercial paper. Financial strength ratings are also not intended to refer to the suitability of the rated company or its parent or subsidiary as an investment.

A.M. Best Rating Modifier "g" = Group

A.M. Best Financial Size Category "XIII" = $1.25 - $1.5 Billion of reported capital, surplus and conditional reserve funds.