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PACIFIC INDEMNITY COMPANY
STATEMENT OF ASSETS, LIABILITIES AND SURPLUS TO POLICYHOLDERS
Statutory Basis
DECEMBER 31, 1998
(in thousands of dollars)
LIABILITIES
AND
ASSETS SURPLUS TO POLICYHOLDERS
Cash ........................................................... $ 34 Outstanding Losses and Loss Expenses..... $ 1,348,566
United States Government, State and Unearned Premiums .................................... 427,582
Municipal Bonds ...................................... 1,786,742 Provision for Reinsurance ............................ 12,604
Other Bonds ............................................... 199,220 Other Liabilities............................................. 64,233
Stocks ......................................................... 125,733 --
Short Term Investments .............................. 331
Other Invested Assets ................................ 39,484
TOTAL INVESTMENTS ........................... 2,151,544 TOTAL LIABILITIES................................... 1,652,985
Investments in Affiliates .............................. 37,654 Capital Stock................................................ 5,535
Net Premiums Receivable .......................... 106,138 Paid-In Surplus............................................. 110,020
OtherAssets ............................................... 103,398 Unassigned Funds....................................... 424,584
Unrealized Appreciation of Investments ....... 5,610
SURPLUS TO POLICYHOLDERS ............ 545,749
TOTAL LIABILITIES AND SURPLUS
TOTAL ADMITTED ASSETS .................... $ 2,398,734 TO POLICYHOLDERS ........................... $ 2,398,734
Investments are valued in accordance with requirements of the National Association of Insurance Commissioners.
Investments valued at $10,724 are deposited with government authorities as required by law.
A CORRECT STATEMENT:
Assistant Socratary, or Attomoy-in-Fact
F"97-10DD75(PA ]-89)
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