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CNA INSURANCE COMPANIES
THE FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 1998
ASSETS:
Cash
Short-term investments (principally U.S. Government Obligations) $ 5,046,007
United States Government obligations 68,100,621
Other public bonds 338,364,200
Industrial and miscellaneous bonds 282,334,076
Preferred stocks 263,399,559
Common stocks of affiliated companies 3,161,102
Other common stocks 333,395,563
Real Estate 1,088,913
Premiums and agents' balances in course of collection 65,738,846
Premiums, agents balances and installments booked but 52,518,170
deferred and not yet due
Accrued retrospective premiums 127,044,380
Accrued interest dividends and rents 22,772,070
Other Assets 12,857,186
Admitted Assets 103,605,825
$ 1
,679,426,518
LIABILITIES:
Unearned premium reserve
Reserve for loss and loss adjustment expense $ 299,261,686
Reserve for taxes, licenses and fees (including federal income taxes) 897,805,977
Other Liabilities 10,730,912
Total Liabilities 113,859,936
$ 1
,321,658,511
SURPLUS:
Capital paid up ($8.00 par value)
Shares authorized: 540,000 issued: 540,000 $ 321,699
054
Surplus ,
36,068,953
Surplus as Regards Policyholders 357,768,007
Total $ 1,679,426,518
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
Firomen'a Inairanro Cmmnanv of Nowark,. Now Ioraey heinv 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 late shown jn the atInt.
M fyA. ibikawskis, Assistant Secretary JohV quarok, Grou -President
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"iCIAL SEAL"
S!16/'fJ (:F,hQL COGHLAN
NotaryPublic f! Of ILLINOIS -
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