Instuitional Investor - Philo Smith Capital Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Reinsurance Group Of America Inc	RGA	164,900	$35,065,985	9.52%
2.	Renaissancere Holdings Ltd	RNR	108,170	$34,279,074	9.31%
3.	Primerica Inc.	PRI	117,600	$33,421,920	9.08%
4.	Aflac Inc	AFL	266,500	$31,247,125	8.49%
5.	Chubb Ltd	CB	86,600	$29,508,084	8.01%