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Statement of Assets
and Liabilities
Premiums / Lines of Business /
Invested Assets
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| |
Statement of Assets and
Liabilities
and Policyholders' Surplus

|
|
2008 |
|
2007 |
|
|
(12 months) |
|
(12 months) |
|
|
(000s
Omitted) |
|
(000s
Omitted) |
|
Net Admitted Assets - December 31, 2008 |
|
|
|
|
Bonds (Amortized Value) |
$975,306
|
|
$1,056,955
|
|
Stocks |
|
|
|
|
Preferred |
10,440 |
|
13,196 |
|
Common |
259,767 |
|
355,847 |
|
Cash and Short-Term Investments |
55,688 |
|
88,141 |
|
Premiums and Other Receivables |
216,178 |
|
274,779 |
|
Reinsurance Recoverables |
23,072 |
|
63,293 |
|
Interest and Dividends Receivables |
12,410 |
|
14,459 |
|
Other Assets |
57,680 |
|
71,459 |
|
|
|
|
|
|
Total Net Admitted Assets |
$1,610,541
|
|
$1,938,129
|
|
|
2008 |
|
2007 |
|
|
(12 months) |
|
(12 months) |
|
|
(000s
Omitted) |
|
(000s
Omitted) |
|
Liabilities and Policyholders' Surplus |
|
|
|
|
|
|
|
|
|
Losses and Loss Adjustment Expense |
$822,041
|
|
$928,048
|
|
Unearned Premium |
89,453 |
|
98,769 |
|
Reinsurance Premium & Other Payables |
87,984 |
|
119,495 |
|
Provision for Reinsurance |
21,093 |
|
76,502 |
|
Other Liabilities |
58,250
|
|
126,027
|
|
Total
Liabilities |
$1,078,821
|
|
$1,348,841
|
|
|
|
|
|
|
Capital Stock |
5,000 |
|
5,000 |
|
Paid-in/Contributed Surplus |
221,000 |
|
221,000 |
|
Unassigned Surplus |
305,720 |
|
363,288 |
|
Total Policyholder's Surplus |
531,720 |
|
589,288 |
|
|
|
|
|
|
Total Liability and Policyholders' Surplus |
$1,610,541
|
|
$1,938,129
|
|
|
|
|
|
|
December 31, 2008 |
|
|
|
|
Net Admitted Assets |
$1,610,541
|
|
|
|
Policyholders' Surplus |
$531,720
|
|
|
|
Net Written Premium |
$174,189
|
|
|
|
A.M. Best Rating |
A- |
|
|
|