HomeMy WebLinkAbout97-02104
,
.......
c
~
~
~
'j
If
,
i
,
I
I
I
, I
~
.
V)
A
/
f
~:
1.
<..J
~
--
co
~
0'
/
I
~... ,,)
rc: tr.
~~ r'!: 1..~
u'( ; :-;:)
()- ';1::
[~: ~,
t',. u.. I;."J
,-)' .-
(1,< ('.1 . (f)
C;~,.' l~'~
Wi.... -.',.J'
U.~!. C' ~ "1\1:1
L;.. .)!.1-
i--~ 6:~ "
1'. r- .i
0 (1' U
"
...
~
RELIANCE INSURANCE COMPANY
PHILADELPHIA PENNSYLVANIA
FINANCIAL STATEMENT DECEMBER 31, 1996
Msen
Cash and Bank Deposits .............................................................................................................$ (13.201.423)
Securities...................................................................................................................... ................ 3.970.055.206
Premium Balances (Under 90 days)............................................................................................. (29.893.3011)
Accrued Interest and Dividends................................................................................................... 36,385,906
Federal Income Taxes.............................. .......................... .................. ........... ...................... ....... 23.215,585
Other Assets................................................................................................................................. 1. 382.844 .376
Total Admilled Assets ...... ....... ........ ............. ...... ...... .......... ............ ....................................... $ 5.369.406.344
UMlLtIlES
Losses and loss Adjustment Expense........................................................................................ $ 2,633.556.297
Unearned Premiums..................................................................................................................... 600.286.469
Other Taxes.. .................... ..................... ............. ........ ........... ........ ............. .......................... ........ 10.:<31.980
Other Liabilities.............................................. ...... .... ...... ... .... ..... ... .......... ..... ................. .... ............ 740.158.97 4
Total Liabilities ...................................................................................................................... $ 4.184.233.720
CAPITAL AND~
Capital Paid Up ............................................................................................. ............................... $ 44.586.703
Surplus ...... ... ... ... .......... .......... ....... .... ...... ...... ...... ........... ....... .... ................................................... 1.140.585.m
Total Policyholders' Surpius ................................................................................................. ~.172.824
Total Liabilities, Capital and Surplus .................................................................................... $ 5.369.406.344
State of Washington )
County of King } SS.
Larry C. Mitchell. being duly sworn. says: ThaI he is Vice President of the RELIANCE INSURANCE
COMPANY: that said company is a corporation duly organized. existing. and engaged in business as a
surety by virtue of the laws of the Commonwealth of Pennsylvania. and has duly complied with all the
reqIJlrements of the laws of said commonwealth applicable to said company and is duly qualified to act as
surety ur.der such laws; that said company has also complied with and is duly qualified to act as surety
under the Act of Congress of September 13. 1982. as amended (31 U.S.C. 99301 et seq.); that the
foregoing is a full, true and correct statement of the financ,al condition of said company on the 31 st day of
December 1996.
Sworn to me this 14th day of March. 1997.
~ g. &~t2.
~~.~
Vice President
JaniS J. CrOSSland, Notary PUbllC. State 01 Washington,
County of King. My Commluioo Explres February 5, 2000
BDR-1421 3/97
-
'>- (")
(':
~:~ u:
L' .' i./;
< ; .'
p:'
c' 'J
(\
,~-' ; .1 'j
" " '"
._.1 /
c: r .,.
I .J
..~~ :\"
. ,-
0 r- ,
cr --'
"
ii
~ ~
~ (j'
III "
~ CI (11
- Iii
,. 11
~ 1
.:.) <L
11-
9
r
..,