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I ... ii , , ..: t;- , " I f I .". I " I ~ oS . I I a -' I II ~ E ~ ~ - f'1 .:; .!/ I .:: "'" , " I , , .- { Q "" t;- " :; ;;; ~ " ~ ., .. .s i .~ t; t:' Q ~ Q "" ..,; ... Q " "" - ~ ~ u u ~ " "" h ~ ~ :f E '" " ~ Q u ~ "" ~ ~ - C .:t ... " ~ ;: ~ .~ .g E> ~ Financial Statement - December 31, 1998 St. Paul Fire and Marine Insurance Company Assets Bonds Stocks Mortgage Loans Real Estate Cash on Hand/Deposit Short Tenn Investments Other Invested Assets Agents' Balances Funds held dep. with Reins Co. Reinsurance Recoverable Guaranty Funds Receivable EDP Equipment Accrued Interest & Dividends Equity/Deposits/Pools & Assoc. Receivable for Securities Other Assets TOTAL ASSETS $ 7,988.389.086 2,775,405,326 8.000.000 608.913.371 24.556,306 173,234,719 528,235,735 878,409.493 :!:!,171,400 46.369,587 6.533.036 37.454,569 144.888,505 48,869,093 7.547,593 43.016.673 $ 13.342.494.492 Liabilities, Surnlus & Other Funds Losses Reins. Payable on Paid Losses Loss Adjustment Expense Contingent Commissions Olher Expenses Taxes, Licenses and Fees Federal & Foreign Income Taxes Unearned Premiums Dividends Unpaid. Policyholders Fund Held - Reins. Treaties Funds Withheld Remittances and items not allocated Reins. Unauth. Cas. Less Funds Held Adjustment for Foreign Exehange Drafts Outstanding Payable to Affiliates Payable for Seeurities Other Liabilities Special Reserve.Guaranty Fund TOTAL L1AllILlTIES Guaranty Surplus Fund Capital Paid Up Surplus $ 1,000.000 20,000,000 2.928.389.823 Surplus as Regards Policyholders TOTAL L1AI1IL1TIES & SURPLUS Seeurities carried at $569.945.162 in the foregoing statement. are deposited as required by law. STATE OF MINNESOTA S5 COUNTY OF RAMSEY $ 6,492,963,316 21,319,071 1,405,048,715 45,521,192 109,288.584 26,121,946 160,770,626 1,512.398.863 38,767,462 19,799,557 92,633,210 395.992 85.175,832 79,174.500 92,331,765 50,992,445 5,782,946 153,618,637 1.000.000 $ 10.393.104.670 2.949.389.823 $ 13.342.494.492 Virginia D_ Briol. Insurance Rep0l1ing Ollicer of the SI. Paul Fire and Marine Insurance Company. being duly sworn. deposes and s.ays that she is the above described officer of said company; that said ("mpany ,is a cO'l'oration duly organized, existing and engaging in busine" as a sultty company under and by vonue "fthe laws of the State of Minnesota. and has duly complied with all requirements of the laws of said state applie>ble to said (ompany and is duly qualified to act as surety under sueh laws; that the above is a true statement of the assets and liabilities of said company of the 31 st day of Deeember. 1998. Subscribed and S\Hlm to before me this 3rd dav of March. 199'1_ ,,^v:;;:;.,,^~..^,J M,~,,\I\^."'''''V\ ",^^,'.~ ~ " I), , ,1 ~, M M DUBOIS A )r ,', /r--'..;-<' ~ IolOTAAYPUtlUC-l.<ill';rsUI{). .. tJyc.om1"1Ib!::\r,h;lrtMJ~'~ . .~"''''^'''!''1.".!,",,,,,,,'1/VV\,,,,,^,,,,1' 'V''\. " GIJ"a.Ml"'l,lI\t1DC