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Financial
Statement
Ohio Farmers Insurance Co.
December 31. 1996
Wesllield Cenler, Ohio 44251-5001
ASSETS
Cash & Bank Deposits $ 2.433.463
Bonds 189.795,089
S10cks 61,606,762
'Wastfield tnsurance Company 279,599.602
'Westfield Natlonat tnsurance Company 81,697.841
'Baacon Insurance Company of America 21,118,640
'American Select Insurance Company 24,628,706
'Westfleld LIfe Insurance Company 56,488.900
Real Estate 51.702,757
Premiums In Course of Collection 80.658,271
Inter-Company Balances 4.052,191
Interest and Dividends Accrued 2,459,849
Other Admitted and Intangible Assets 25,135.615
Total Admitted Assets $ 881.377,686
LIABILITIES
Reserve for Uneamed Premiums and
LIfe Policies and Contracts $ 114.241,795
Reserve for Unpaid Losses 140,914,631
Reserve for Unpaid Loss Expenses 38,335,192
Reserve for Outstanding Drafts 24.146,364
Resel ve for Taxes and Other Liabilities 49,501.597
Total Liabilities $ 367,139,579
SURPLUS
General Voluntary Reserve $ 186.788,408
Surplus Over All Liabilities 327.449.701
Surplus to Policyholders 514,238.107
Total Liabilities & Surplus $ 881.377,686
'Wholly Owned Subs/dierie.
Secuntl8s earned at $ 5.888,084 d6p0&ited in acccrdanc. Wft/l/aw
Bond Amortiz9d
Stocks carried at National A.s.sociation 01 Insurance Commiaionttfl v./wtIons
Stale of Ohio
ss:
County of Medina
The undersigned. being duly sworn, says: ThaI he Is Vice President of Ohio Farmers Insurance Company,
Wesllleld Center, Ohio; that said Company is a corpora lion duly organized, exlsllng and engaged In business
as e Surety Company by virtue of the Laws of the State of Ohio and authorized to do business In the
State of ,:.............P..~m:1~y.!~.!!n!~.............................................. and has duly complied wllh alllhe requirements of the laws
of said State applicable to said Company and Is duly qualified 10 act as Surety under such laws; that said
Company has also complied wilh and Is duly qualified to act as Surety under the Act of Congross approved
July 1947, 6 U.S.C. sec. 6-13; and thai to the best of his knowledge and belief the above statement Is a full.
true and correcl statement of the financial condition of the said Company on the 31 st day 01
December. 1996. b
~I.i/f'tte:'f /~~/ t II,IY} ............~.> .,<~....Rl":.t"",,,,,,,,,,,,:,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
,...... ......,..,6Ll.2,.,.. ...f:(,If!,..?:t!f..{j Assl. Secrelary a es R. Chap . Vice President
Richerd L. innalrd, Jr. .'/.
Sworn 10 before me this 12th day of February, A.D.. 1997.
My Commission Does Not Expire
Sec. 147.03 Ohio Revised Code
NOTARIAL
SEAL
AFFIXED
BO 5402
............~,=""",_..,~,..e;,~.,~..,.............
James M. Walker
Attorney at Law
Nolary Public - State of Ohio
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