The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 03-31-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Philo Smith Capital Corp
Address: 6 LANDMARK SQUARE, 5TH FLOOR
STAMFORD , CT06901
Form 13F File Number: 028-22601

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Vincent Storm
Title: Portfolio Accountant
Phone: 2033487365
Signature, Place, and Date of Signing:
Vincent Storm Stamford , CT 08-12-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 69
Form 13F Information Table Value Total: 273,345
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name
SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AFLAC INCORPORATED COM 001055102 3,496,377 54,300 SH SOLE 54,300 0 0
AFLAC INCORPORATED COM 001055102 2,491,893 38,700 SH SOLE 38,700 0 0
AFLAC INCORPORATED COM 001055102 13,032,536 202,400 SH SOLE 202,400 0 0
AFLAC INCORPORATED COM 001055102 25,756 400 SH SOLE 400 0 0
AMERICAN INTERNATIONAL GR COM 026874784 3,728,538 59,400 SH SOLE 59,400 0 0
AMERICAN INTERNATIONAL GR COM 026874784 14,041,649 223,700 SH SOLE 223,700 0 0
AMERICAN INTERNATIONAL GR COM 026874784 4,136,543 65,900 SH SOLE 65,900 0 0
AMERIPRISE FINANCIAL, INC. COM 03076C106 3,288,942 10,950 SH SOLE 10,950 0 0
AMERIPRISE FINANCIAL, INC. COM 03076C106 11,188,410 37,250 SH SOLE 37,250 0 0
AMERIPRISE FINANCIAL, INC. COM 03076C106 1,651,980 5,500 SH SOLE 5,500 0 0
ARCH CAPITAL GROUP LTD. COM G0450A105 3,776,760 78,000 SH SOLE 78,000 0 0
ARCH CAPITAL GROUP LTD. COM G0450A105 2,522,682 52,100 SH SOLE 52,100 0 0
ARCH CAPITAL GROUP LTD. COM G0450A105 13,945,928 288,020 SH SOLE 288,020 0 0
ASSURED GUARANTY LTD. COM G0585R106 6,366 100 SH SOLE 100 0 0
BERKLEY WR CORP COM 084423102 3,376,113 50,700 SH SOLE 50,700 0 0
BERKLEY WR CORP COM 084423102 10,262,651 154,117 SH SOLE 154,117 0 0
BERKLEY WR CORP COM 084423102 1,985,181 29,812 SH SOLE 29,812 0 0
BERKLEY WR CORP COM 084423102 19,444 292 SH SOLE 292 0 0
BF&M COM G1081T109 520,000 26,000 SH SOLE 26,000 0 0
BF&M COM G1081T109 1,532,000 76,600 SH SOLE 76,600 0 0
BLACK KNIGHT INC. COM 09215C105 1,374,478 23,702 SH SOLE 23,702 0 0
BLACK KNIGHT INC. COM 09215C105 248,893 4,292 SH SOLE 4,292 0 0
BLACK KNIGHT INC. COM 09215C105 341,387 5,887 SH SOLE 5,887 0 0
BROWN & BROWN, INC. COM 115236101 4,249,476 58,800 SH SOLE 58,800 0 0
BROWN & BROWN, INC. COM 115236101 16,318,566 225,800 SH SOLE 225,800 0 0
BROWN & BROWN, INC. COM 115236101 2,952,229 40,850 SH SOLE 40,850 0 0
CHUBB CORPORATION COM H1467J104 3,657,690 17,100 SH SOLE 17,100 0 0
CHUBB CORPORATION COM H1467J104 13,967,670 65,300 SH SOLE 65,300 0 0
CHUBB CORPORATION COM H1467J104 2,834,175 13,250 SH SOLE 13,250 0 0
CHUBB CORPORATION COM H1467J104 21,390 100 SH SOLE 100 0 0
CRAWFORD & CO. CLASS B COM 224633107 2,187 300 SH SOLE 300 0 0
DONEGAL GROUP, INC. A COM 257701201 69,624 5,192 SH SOLE 5,192 0 0
EVERQUOTE INC COM 30041R108 161,800 10,000 SH SOLE 10,000 0 0
EVERQUOTE INC COM 30041R108 29,124 1,800 SH SOLE 1,800 0 0
FIDELITY NATIONAL FINANCIAL IN COM 31620R303 1,010,988 20,700 SH SOLE 20,700 0 0
FIDELITY NATIONAL FINANCIAL IN COM 31620R303 3,873,012 79,300 SH SOLE 79,300 0 0
FIDELITY NATIONAL FINANCIAL IN COM 31620R303 708,180 14,500 SH SOLE 14,500 0 0
FIRST AMERICAN FINANCIAL COM 31847R102 1,565,403 24,150 SH SOLE 24,150 0 0
FIRST AMERICAN FINANCIAL COM 31847R102 1,011,192 15,600 SH SOLE 15,600 0 0
FIRST AMERICAN FINANCIAL COM 31847R102 4,835,572 74,600 SH SOLE 74,600 0 0
GALLAGHER, ARTHUR J.& CO. COM 363576109 2,990,025 17,125 SH SOLE 17,125 0 0
GALLAGHER, ARTHUR J.& CO. COM 363576109 2,880,900 16,500 SH SOLE 16,500 0 0
GALLAGHER, ARTHUR J.& CO. COM 363576109 15,556,860 89,100 SH SOLE 89,100 0 0
GOLDMAN SACHS COM 38141G104 660,200 2,000 SH SOLE 2,000 0 0
GOLDMAN SACHS COM 38141G104 2,640,800 8,000 SH SOLE 8,000 0 0
HISCOX plc COM 4593F1389 1,880,467 145,547 SH SOLE 145,547 0 0
HORACE MANN EDUCATORS CORP. COM 46625H100 14,640 350 SH SOLE 350 0 0
J P MORGAN & CO COM 46625H100 1,301,856 9,550 SH SOLE 9,550 0 0
JAMES RIVER GROUP HOLDINGS COM G5005R107 781,784 31,600 SH SOLE 31,600 0 0
JAMES RIVER GROUP HOLDINGS COM G5005R107 3,232,899 130,675 SH SOLE 130,675 0 0
JAMES RIVER GROUP HOLDINGS COM G5005R107 609,841 24,650 SH SOLE 24,650 0 0
PRIMERICA COM 74164M108 2,661,149 19,450 SH SOLE 19,450 0 0
PRIMERICA COM 74164M108 13,907,753 101,650 SH SOLE 101,650 0 0
PRIMERICA COM 74164M108 3,913,052 28,600 SH SOLE 28,600 0 0
RAYMOND JAMES FINANCIAL COM 754730109 3,750,678 34,125 SH SOLE 34,125 0 0
RAYMOND JAMES FINANCIAL COM 754730109 12,900,686 117,375 SH SOLE 117,375 0 0
REINSURANCE GROUP AMERICA COM 759351604 3,541,031 32,350 SH SOLE 32,350 0 0
REINSURANCE GROUP AMERICA COM 759351604 2,364,336 21,600 SH SOLE 21,600 0 0
REINSURANCE GROUP AMERICA COM 759351604 13,200,876 120,600 SH SOLE 120,600 0 0
RENAISSANCERE HOLDINGS COM G7496G103 3,762,234 23,735 SH SOLE 23,735 0 0
RENAISSANCERE HOLDINGS COM G7496G103 13,352,089 84,235 SH SOLE 84,235 0 0
RENAISSANCERE HOLDINGS COM G7496G103 2,583,713 16,300 SH SOLE 16,300 0 0
RLI CORP. COM 749607107 1,897,304 17,150 SH SOLE 17,150 0 0
RLI CORP. COM 749607107 1,283,308 11,600 SH SOLE 11,600 0 0
RLI CORP. COM 749607107 6,792,239 61,396 SH SOLE 61,396 0 0
RMR GROUP INC. Class A COM 74967R106 124 4 SH SOLE 4 0 0
SAFETY INSURANCE GROUP COM 78648T100 336,145 3,700 SH SOLE 3,700 0 0
SELECTIVE INSURANCE GROUP COM 816300107 268,080 3,000 SH SOLE 3,000 0 0
SUN LIFE FINANCIAL COM 866796105 16,749 300 SH SOLE 300 0 0