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CNA INSURANCE COMPANIES
THE CONTINENTAL INSURANCE COMPANY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 1998
ASSETS:
Cash
Short-term investments (principally U.S. Government Obligations) $ 20,477,284
United States Government obligations 151,004,714
Other public bonds 701,716,653
Industrial and miscellaneous bonds 134,457,159
Preferred stocks 241,389,049
Common stocks of affiliated companies 416,230
Other common stocks 290,852,575
Real Estate 37,096,221
Premiums and agents' balances in course of collection 178,566,092
Premiums, agents balances and installments booked but 67,924,633
deferred and not yet due
Accrued retrospective premiums 138,091,717
Accrued interest dividends and rents 24,752,250
Other Assets 16,056,767
Admitted Assets 214,678,627
9
7,
74,976
LIABILITIES:
Unearned premium reserve
Reserve for loss and loss adjustment expense $ 325,284,453
Reserve for taxes, licenses and fees (including federal income taxes) 475,875,318
Other Liabilities 17,664,029
Total Liabilities 317,288,716
$
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'
1,63 0,
12,5
6
SURPLUS:
Capital paid up ($5.00 par value)
Shares authorized: 10,713,272 issued: 10,713,272
Surplus $ 651,001,557
Surplus as Regards Policyholders (123,134,097)
0
Total 52
$ 2,157,979,976
Failure of items to add to totals shown is due to rounding.
State of Illinois )
) ss
County of Cook)
On this 30th day of April, 1999, before me came John M. Squarok and Mary A. Ribikawskis, known
to me personally to be the Group Vice President and the Assistant Secretary, respectively, of the
ContinonlA Incuranre Company hPina fully cwnrn, rpnify and mind that the foregoing
statement is a true and correct statement of the assets and liabilities of the said company as of
to date shown in the, slat en ' i
Myry A. ?tbikawskis, Assistant Secretsx?
l/ rY Joh Squarok, Grgt? Vice-President
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Notary Public '• I14011ila NNO-W. Wilf OF ILLIND17
Comm s ?u ! > pucs Aug. 21, 1493
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