Instuitional Investor - Philo Smith Capital Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Reinsurance Group Of America Inc	RGA	165,800	$33,849,728	9.66%
2.	Renaissancere Holdings Ltd	RNR	108,770	$32,329,707	9.22%
3.	Primerica Inc.	PRI	118,200	$29,606,736	8.44%
4.	Aflac Inc	AFL	267,800	$29,380,338	8.38%
5.	Chubb Ltd	CB	87,000	$28,355,911	8.09%