HomeMy WebLinkAbout97-02841
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FIDELITY AND DEPOSIT COMPANY
OF MARYLAND
P,O. Box 1227. BALTlMoRE.MD 21203
Slatement of Financial Condillon
As or December 31. 1996
ASSETS
Bonds .................................................................................... ... ....s 347.347,834
Stocks .......................,.........,.,.,.......".,.,.........,.......,.........,.......,.... 220.540,863
Real Estate .......... .....................,...,.,.."..........................,............. .... 2.894.865
Cash in Banks and Offices and Shon Tenn InvestmenlS ......................................... 103,426.894
Premiums in Course of Collection (less than 90 days old) ............... ,........ ............... 30.153.928
Reinsurance and Olller Accounts Receivable ,.,..,...".,...,....,...,.. .,..,.." .,...,..,...... 42.189.372
TOTAl. ADMmEIl Assf:TS .......................,..,..,..,.........,.,..,................,.....$ 746.553.756
LIABILITIES. SURPLUS AND OTHER FUNDS
Reserve for Unearned Premiums ..................,.......,.....................................$ 152.180.224
Reserve for Claims and Claim Expenses, ..,.,..,.....,....................,. ,..,. ,.,....,'....., 260.577.883
Reserve for Taxes and Expenses. "... .........,.,...., ,.'.............,. ." ....., ".,..",..,... 9.615,949
Miscellaneous .. ,........,........,.,.......,."....... ...... .........,............,.........'... 33,475.264
TOTAl. LWllUl1ES ".",.......,......,.....,......,........,......,.,.......,............,...$ 455.849.320
Capital Stock. Paid Up ,..... .... ..... ,..."....."..,...,....,..,..........,.. $ 5.000.000
Surplus...,.......,....................,....,...,....,....................,..., 285.704,436
Surplus as regards Policyholders .............. ,..........,...................................... 290.704,436
TOTAl. ........,....,...,...........,...........,......,...............,.........."......... ,$ 746.553.756
Securities carried 01 $23.121.000 in the above statement are deposited as required by law.
Securities clllTied on lIle basis prescribed by the National Association of Insurance Commissioners. On lIle basis of
December 31. 1996 markel quotations for all bonds and stocks owned. lIle Company's total admined assels would
be $750.525.55 I and surplus as regards policyholders S294.676.23I.
I. JOSEPll J. GAIl.AGlIER. Treasurer of the FIDELI1Y AND DEI'OSlT COMPANY OF MARYLAND. do hereby cenify that the
foregoing statement is a correct exhibit of the asselS and liabilities of the said Company on the 31st day or
December. 1996,
fL~f~~~nr
State of Maryland
City of Baltimore
} SS:
Subscribed and sworn 10. before me, a Nolary l'ubllc of the SlIleofMaryland, In the elly oroalllmore.thls 31s1 day ofDccember. 1996,
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D , Noto')' Pobllc
My commission e.plres June 3, t997,