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FIDELITY AND DEPOSIT COMPANY
Tt1L OF MARYLAND
go I .O. Box 1227 • BALTIMORE, MD 21203
Statement of Financial Condition
Companies As Of December 31, 1998
ASSETS
Bonds .......................................................................S 333,769,328
Stocks ....................................................................... 370,203,910
Real Estate ................................................................... 2,526,613
Cash in Banks and Offices and Short Tenn Investments ................................ 82,537,967
Premiums in Course of Collection (less than 90 days old) ............................... 9,632,906
Reinsurance and Other Accounts Receivable ......................................... 34,671,837
TOTAL ADMITTED ASSETS ...................................................... $ 833,342,561
LIABILITIES, SURPLUS AND OTHER FUNDS
Reserve for Unearned Premiums .................................................. $ 134,228,338
Reserve for Claims and Claim Expenses ............................................ 263,487,564
Reserve for Taxes and Expenses .................................................. 12,894,180
Miscellaneous ................................................................. 15,969,434
TOTAL LIABILITIES ...........................................................S 426,579,516
Capital Stock, Paid Up ............................................ $ 5,000,000
Surplus ......................................................... 401,763,045
Surplus as regards Policyholders .................................................. 406,763,045
TOTAL ....................................................................S 833,342,561
Securities carried at $20,139,000 in the above statement are deposited as required by law.
Securities carried on the basis prescribed by the National Association of Insurance Commissioners. On the basis of
December 31, 1998 market quotations for all bonds and stocks owned, the Company's total admitted assets would
be $840,802,150 and surplus as regards policyholders $414,222,634.
1, JOSEPH J. GALLAGHER, Treasurer of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby certify that the
foregoing statement is a correct exhibit of the assets and liabilities of the said Company on the 31st day of
December. 1998.
Trcnsurcr
State of Maryland
City of Baltimore SS:
Subscribed and seom to. before me, a Notary Public of the State of Maryland, in the C "I of Haltirrutre, this 31st day of December. 1998.
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Notan
My commission expires March 4, 200:.
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