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. J 1\ 1 . ~, '- u= , t/) , .:j . , 1 VJ ca :~ l.C " ) " " " I r cr > ; . .z ..-...-..., United States Fidelity and Guaranty Company (Commenced busi""" Augu"". 1896) HOME OFFICE: BALTIMORE. MD (STATUTORY BASil) FINANCIAL STATEMENT DECEMBER 31, 1996 ASSETS Cash . . . . . . . . . . . . . . . . . . .. . . . . . . . . .. . . . .. . . .. .. . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . .. . . . .. .. . . . Invested Assets: Bonds. . . . . . .. . . . . . . .. . . . .. . . . . .. . . . .. . . . . .. . .. .. .. . .. .. .. . .. .. . . .. . PreCerred Stocks .. . . . .. .. . . . . . . . . .. . . .. .. , . .. . .. . .. .. .. .. .. .. .. .. . .. . Common Stocks. , .. . . . . . . . . .. .. , .. . . . .. . . . .. . . . .. .. .. . ... .. . .... . .. . Mortgage Loans . . . . , . .. . . . .. . . . . .. . . . . .. . . . .. . .. .. .. . .. .. . .. . . .. . .. . . Real Estate. . . . . .. . . .. . .. . .. .. . . , . . . . .. .. . .. .. .. . .. .. .. . .. . . . .. .. .. .. Short-tenn Invesbnen15. . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . , . , , . . . , . . . . . . . Other Invested Asso15. . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . 55,1....,696.710 455.000 555.714,J08 184,294,179 97,600.706 178,377.094 116,485.488 Net Premiums in COllfSO oCCoUection · . . . . . . .. . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accrued Interostand Dividends. . . . . . . . , . . . . . . . . . . , . . . . . . , . . . . . . . . . . . . . . . . , . . , . . . . . . . . . . . . . . . . Other Admiued Asso15 .. . .. . . .. .. .. . .. . . . .. . . .. .. . .. . .. .. .. .. . . . . .. . .. .. . . . . . . . . . . , . . . .. . . .. TOIaI Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . LIABILITIES AND POLICYHOLDERS' SURPLUS Reserves: Losses and Loss Adjusbnent Expenses. . . . . .. . . . .. . . . .. . . . .. .. . . . .. .. . . .. . Premium Taxes and Operating Expenses. . . . . . . . . . . , . . . . . . . . . . . . . . , . , . . . . . Federal and Foreign Income Taxes. . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . Unearned Premiums. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . $4.536.641,716 161,271,267 o ....---J33,21~97 Funds IUd Under Reinsurance Treaties........................................................ Other Liabilities. . . , ' . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TOIaI Liabilities. . . , ' . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capilal Stock - $2.50 par value. . . , . . . . . . . . . . .. . . . .. . . . . . . . . . . . .. . . . ... . . . . . . . .. . . . . , . . . . .. . . , Surplus. .. . . . . , .. . .. . . .. . . . . . . , . . . .. . . .. .. . .. . . . . .. .. .. .. .. .. .. .. .. . .. . . . ; . . .. .. . .. . .. .. . Surplus Appropriated Cor Net Unrealized Capilal Gains and (Losses) . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tolal Policyholders' Surplus. . . . . , . .. . . . . .. . . .. .. . , . .. .. .. .. .. .. . .. . . .. .. . .. .. .. . . . .. .. . . . . TOIaI Liabilities and Policyholders' Surplus. .. . . . . . . . . . . . . . . .. . . . . , ., . . . ,. . . . ., . . .. . . . . . . . . . . Invmmcm vWUC1 as prescribed by the' National Auocialioo 01 ~ Coalmiutoscrs. CuIa and SccunbClm 1M nountols.491,1.59.l29m the: ItaCCmcmR . tel.. reqWredb)' '-w. 'h'J_Pran'um,:zz:,old' Viet Pruldenl-Conlrolle, 5141,D96,234 6,517.633,495 565.134,284 83,199.168 _~54.551.7~ 57.83 1,6 1 M9O, 55.631.1....690 599,533.982 115,006.181 56,456,684.853 $70,579,288 1,316,333.974 (11,981,225) 51,374,931,032. $7.831,615~90 ft;)(//::tf(~J Assls""" .'ke hul , Counry ollWtimon. Suu 01 Mryllftd u Oa ~~_2~,!...-9!~___.__ _.____________________ before au:. the IUbsaibcr. . Nocary NHic: ill and r..... tbcC:lh' * State aIc:.resaid. ptf1C.NIlyappeared Thomu A. BrJdIC)' IDd Mary Lun Duvall . V'""Praidat<OCllo~la IIk1 A>>.islanl Vice Ptcaidcar. l'nI*ti....cly. of tnt-UNITED' S1 Am"FIDElITY -AND GUARAKTY COMPANY, ..bo, bcin. by melC\'Ctllly duly, sworn, did dqx>\C and II)' t.4 lhn va 'U'ds Officcncflhe &aid eahpM)', lAd l!lAt 1M abo...e and forelQUl' iJ , fuJi, ttueand comet ttatcmcntofdt.Aucu...d ulbilitiu of tht wd complJl;"I5~)' appe,ved u!'OO tIw book. of the aaad ~ompan)' un the 1I !Sly or OeI:cmbcT A D 1m Ch_Li...h I~C:~hl.~j CQfttfI 29(12-96) My Commluion E:c.pirn October 19. 1m NOW) Pubh;; J - 00 0 e,- If) Go ~ 0- (1 1.1. 9 (1 ~ Ii) \li 14 'll >- 0> 4- j "" r:-; I " U'" . . 8 l r' I_- I 1...,-): ~ r- L" c' .~ l..;.-' , u.' .... lL ,.- G l;< ..l " { .