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CNA INSURANCE COMPANIES
COMMERCIAL INSURANCE COMPANY OF NEWARK, NEW JERSEY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 1998 I
i
ASSETS:
Cash 4
$ 70,714
Short-term investments (principally U.S. Government Obligations) 2,783 497
United States Government obligations 8,409,502
Other public bonds 12,544,136
Industrial and miscellaneous bonds 16,521,284
Preferred stocks 0
Common stocks of affiliated companies 1,000
Other common stocks 0
Real Estate 0
Premiums and agents' balances in course of collection 1,141,701
Premiums, agents balances and installments booked but
deferred and not yet due 2,761,834 i
Accrued retrospective premiums 495,045
Accrued interest dividends and rents 300,691
Other Assets 1,899,278
Admitted Assets $ 46,928,682
LIABILITIES:
Unearned premium reserve $ 6,505,688
Reserve for loss and loss adjustment expense 19,517,538
Reserve for taxes, licenses and fees (including federal income taxes) 270,167
Other Liabilities 1,394,711
Total Liabilities $ 27,688,104
71
SURPLUS:
Capital paid up ($42.00 par value)
Shares authorized: 100,000 issued: 100,000 $ 15,194,138
Surplus 4,046,440 t
Surplus as Regards Policyholders
19,240,578 i
Total $ 46,928,682 r
Failure of items to add to totals shown is due to rounding.
State of Illinois )
) ss
County of Cook) 1
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
('nmmer'i 31 Inca ggncn f-nmoaM. of Nawark, New Je<Sey being fully sworn, certify and attest that. the foregoing
statement is a true and correct statement of the assets and liabilities of the said company as of
the date shown in t sta rn
&v aoy A.I R ikawskis, Assistant Secretary Jo} 1 Squarok, Grou ice-President '
,,y?.y? ° "Offlc.aAL SEAL"
NoUry Public e Sl.!:ir',i J i;,Y:OL COGHLAN
• 169ih1.f i';, i':'.:'IAII. Of ILLINOIS
ir.; i;•rr?i,r,• ,; a : sa?rs AuE. 21, 1999 ?
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