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PROPERTY AND CASUALTY COMPANIES- ASSOCIATION EDMONpp II L .- >/
Num, 111
0000.24422.1998-201.MI.O.4
ANNUAL STATEMENT
For the Year Ended December 31,1998
of the Condition and Affairs of to ; "
LEGION INSURANCE COMPANY
NAIC Group Code..... 1172 NAIC Company Code..... 24422 Employer's ID Number..... 231892289
Organized under the Laws of 011 State of Pennsylvania, using as the port of entry, made to the
INSURANCE DEPARTMENT OF THE STATE OF
PURSUANT TO THE LAWS THEREOF
Incorporated..... Joy 23, 1925 Commenced Bustrion..... Oclober 9, 1925
Statutory Home Office One Logan Square, Suite 1400..... Phladolphia ..... PA..... 19103
fsherWNumWr) (Cayv Town, Staff WiP Coo)
Main Administrative 01 One Logan Square, Suite 1400..... Philadelphia ..... PA...,. 19103 2159631200
(SMIWNumber) (Gaya Town, Stab and Z0 Cade) (Me Cod*)(Talephom Numbat
Mal Address One Logan Square, Suite 1400..... Philadelphia ..... PA..... 19103
(Shot WNunberaP. O. Boa) (City or Two, State sid4 Code)
Printery Location of Books and Records One Logan Square ..... Philadelphia ..... PA..... 19103 2159631200
(SholvdNumbi (Gaya Town, Stab r3d 7ip Code) (Ms Code)(Taktah"Nanbat
Annual Statement Contact Tammy Ann F9tsch 414.291.2040
(Name) (Area Code) (Tab*NNulmed (E+bruu)
President..... John (NMI) Kessack Jr.
Secretary ..... Andrew Stevens Walsh
OFFICERS
Treasurer..... Gregg Charles Frederick
SENIOR VICE PRESIDENTS
Sharon Wendy Abel Allen Gifford Barry 111 JohnVmnt Clark Gregg Chades Frederick
Glenn Robert Partridge Andrew Stems Walsh
VICE PRESIDENTS
Roger Alan Bone Michael Nan Quist David Martin Weinstein
DIRECTORS OR TRUSTEES
r Sharon Wendy Abel Alen Gill ad Barry 111 JohnVacent Clark Gregg Charles Frederick
I Jahn Mahn Haler John tNkll) Kesseck Jr. Robed Andrew Mukkaig Glenn Robert Parlrk3e
Md"Nan Quist Richard George Tumor Andrew Stevens Walsh
i
Slab or._... PENSYLVANA
Congot__ PHLADELPIIIA
r
The Officers of tNa
corripary. being CLOY sworn,
assets and saysihat they we tm the aid hsur,¦ndthat at eniydr, days
December test.ada,a herein Mrehl described asseb we the absolute propery of ale said haver tee and deer him any rem Term oUahm11 hereon, eon,eon, "C expeplas herein
staled, W 1*1 hie wlwt statement bgeM with related eahlob, sdaduln W aWlaruaon torah oonWnad, W waxed r referred to are a full and he
sb*mt Of V the asel end Unities rhd of arc condion and stlatrs Or the sold kmm Its of the thtry-tist day of December last and of its inco m W
dedctm Oxman Far M yew ended on that date, and have been completed in aemrdaerar 11i hie NAIL annual Statement Instructions and accounting
W POOedsa mvnals except to am eatenl that (t) stela Law my dffr, r, t2) tal lab 1111111 r regulations; require dffi rences In reporting not ratified to
aerowtnp procedures. asvdnp 1114 bear of fwd LnlamubM knowledge said balm,,especlivell.
fSOmlue) (sgamb)
?sgnatie)
AXwh GrlbtEeany IN Mtrew Seam Walsh Gregg Quires F,Mrd
(Pmbd Nil -- ---- )Paesetbmrj (Printed N.-)
Sr.Yrb Resident Safoul Timmer
SiMadgWtwpnbbNre mar ear
-itN-.. PEER Y 1999 ot
$q Jetary Public a. h M an or"I SJari YwIXI Nol I
P?lptua County
_. ...-U/;.1T ......_.. My C0,I 25,18996 b. Rat, 1. Sate of amaMnanlrmniew
arm rdrono oar 2. Dar Ned
3. Nunbetotpagesstbrlwd........ ...._.....
1. Bal9 Oas5.........0 wl,ky lannl nnden wiN 1
lm
p'o Avels Awli
p
e,
Schrdea D. Pan 1) ..........................
.....................
.......................................
2. Slnda: ............
.........19].007.012 .
...............
2.1 Rrfmad Mocke(ScheddaD•Pr12,Snbonl) ..............
.
.
.................
22 Cmmmmskcke ISaaaD. Pan 2, Sttlpf
............... ......
.
..... ................6..000
........................
... ..........._....
J. Monpepr Gene mlW at,,,
(Sd,,W 81 ..........
........:....................
31 Fnikene............ ..........................
.........
..............................................
32 Oow own Mtl wa .................................... .........
...........................................
/. Rral Mlrb(6aka/e A): .........
• ....... ..............?..
IIVM- oalpkdby dk-,q.N (ka S.........
0
.
arc") ....................................................
...................................
/Z ONar (xovanks Ons S..,......0
em«ndures) ................. ........ .
............................ .
............................
........
..............
Cnp(5....B.95S.6W Scwddr EFM I W
I . H
........ .
_. ..............................................
mMrnb
(3,.M.092.389 SdwdW
DA. Pan q ................ ...............
(Sd
... ....................................
6. Otlnr imaleO nuj, b(SchMule &) .....................
....... ..................19.016.051 ..................
...........
......................................
7. Rocew"la somws............................... . ...... I f.n06.72p
........... ..............................
8. AW'eWlownle#gbtMnlednnlt ................_.. .......................61.937
.............................
.
......................................
9. 616bIW-lash WirmlydnuM1(linn llog) .. .............. ..... D..
0
..............................
10. A9mb'brlu¢aaarnwcled em' ..... ........751,677,71
...' ................•.....0 ..
co hwomand6uid,ap. P, mme(mlasla
101 flemtine WapmM1'BaWices mtpr,eacoleclm (rna
dedskq m0.tl,smoranca I+elmces Myaae of S_...107.677.835) ................
10.2 Runtime. mb' ........... .....................
ackN BUldelmed .?..
W rol yel dx pAu deAlckp exdedremluancr ?? Wyabk
aS,...58,3S2,188) (Indx6V S..........0 umedeul wdnnpemiums)............
103 Ac=Wtop -•-•-56.913,70/
otpcWrpemknns (eAu de0lc ..................'..'....
647 cedN eeiwwanu
............................................. . ... . ........
11. Fmdl AeNb'a .......................................... .
depnANuiN leinswed ....................."...
12. Bdsr .....„ ...................... .
oaHtlla. bkm krpemtiuns .......................................................................... ..........................
Remswamet ........................
13 ....
eaouenbkf m bse and lase .......................'....
e¢almenl...
Wymmb (SMeduk F. Pm 3.Cob. 2 W JL ...................................................:...
11. Fedual ...........28..86.0.77
esrore W mcouraek and mleml Nueon.._............................................. .............................
14A. Gmmay fords lxeH" a m ...............90.167
............................
.............................
15. Ekcba Mtl processoq .
uNOmml .......................................................................
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16. Nlaat dvidendl andrW able Tame due and .............1.51....61
...... .. ...................................
U. Recer." pan ............2.925.031
7wm1. naAuk, and aMJwla._ .................................................
18. Ewb, W ............. 0
.8.729.950 dvxits in Pod+ and araylbne ....................
.............................
19. Am"h Mr bla 141%11 minwed wo*M endheallA ...............................................1.693.085
20. oldr asrbn admmw(EaW 11 ................. Wm.........................
..........................
21. AOVrepale emlean 7a ..................................
aft than ksvalsdassets
...,....._...
1'v
P. 7mr
Not .A nn Nel
Assek d
.....•............94.6841 .......:.192.912.356 I .........717,475.887
....................5.600
........... D 1 ............................
..........................0
_...... 0
' ... .......... ......./9.018.051 .........26,181,925
...........11.706.720
.. . . . . . . . . . . .7.509.17 0
...._..251.52..169 I .....,,.261.177.090
.............7.750.859 I .......... 90.707.590 I ..........21.717.771
-6.913.701 I .._....... 3.15(999
.............:.a...uu ............2.016.938
.............1.511.861
............1 .925,091 2,871.079
............8.329.950 . ......
_71.130.671
............A.693.085 7,Q71.2S1
1
.................
..........................0
.........................................................................................
7 ...........
............................ __..._................... ...... ....._............ 0 .... ........1.80.711
. ...................
...... .
......... ...................
............................. ...
................... .0
L $unn N, ....
wy emnrkgwnls n lar Lw 8 hom onmowlupe.... . .............
?„?Lmn OR01 Aw MA7 a?. f1B9B11(
Behwel ...... '0 •. 0
_
. EDP SoAwue.
. 0 0 0
...
..._...
Minuluwoue Rraw•eeks
,.
.7783101 .... .. U
.. ............1767101
80711
....
LuPaak lMUmm Cwn ?.•.
pet Rrcewa8k
? ,......,
.102110
??. ... D
...
..'.. ... ........
.....
Summuy of,em a .? ...
awpa kms aLme7f hom
ovenlow mpe
.. .......... 1.500000 ......1021E
°?-?? .......127.901
_
1m,b mm? 1101N 70 I+m 19A Inr 71 +4w. A
............
6
o
n w5 211 ..
0 7157101 4
f 1?7 .......
1 951
' .. A"ujxu9 MWMlee file 1101
1. Loin (Pad 3A. Lino 32. Column S) ........................
.............................................................................................................................
................... 65.752,107
.....
.............
91.562272
1A . Reinunrne payeIla onpaldbss and lonegwhencexpemes(Sdwduce F, Pa 1,Cdumn 21 ........................................... ..... ......... . 5
..
990
000
2.
less aQuslmenl espmes (Pad 3A. Line 32. Col 6)
. ..................
,
, ...... ....................14. 0
3. .............
........................................................................................................
Conlirgenl oatmtsslaes andahas simW chugs, ...........................................................
....................................... . ..............12.073./8
...... ....11.076.133
1.
Clha aiperstes(exdudrq font, kemn am fats) .................... . .... .
......
.
.
323
.
2 2
715323
715 ...... ............
..................
5. .
..
..
Two, kemes and fees (exaWdng federal and laegn wome la.n) .................................................................................... ,,
...............
.
.
5{518
112 ...... ..................
/2,W
51
7
............. . ...
. ...... .............
.
70,975
6, Federal aid foreign income lexn(txdudrg ddalod Wes) ........................................................................................................
7. Bonowad morwry .........................................................................................................................................................
8. Inlamt, including 5...........0 onbonowed money ......................................................
.........................................................................
........................931.560
......
.................916.IG7
9. thxamedprsmiums(Psi 2A. Late 34, Column 5)finaAWClinq ceded romunrca Violated prmoawns off.... 191,139,000) ............ . ...........30,392,89 ...... ............78,013,565
10. OaidaMl declined aid unpaid
a SlxXholdexxx .................................................................._......................................... ..... ......... ,................ ................... ........
...
b Pokywden ..................................................................................................
............... .
.......................
.
11.
FWI held W canW
0y IMleneinsuranot crashes (StLedule F. Pad 3. Column 1/) ....................................................... .
............
509
877 ....... ..............................
12.
Amounts mft W ar rekkledby comp" la account ofolhos ................................................................. ... . .......................
.
...................a,97,1ze
....... __-j.057,40
.............a,ep,ne
13. Remma¢es endilems not storcaled ................................................................................................................................................ . ....... .......... .75.1{1,196 ....... ............ 27.802.162
11. Plwotun for reiluurance (Sthedle F. Part 7)... .................................................................................................................................... ....................6.737.000 ....... ..............5.591.081
15, Ecen Of skkMry homes over statement Inervee(Sdudule P lnleno
alcdes)
g
................................................................................ .. ..........................1.000
.......
..............................
16. Net a4uslments in assets aid kadkun due to fxtgn exchange Wea.._ ............................................................................................ .
.
...................................
........
...
17.
Draftsaulekndng ........................................................................................................................................ ..........................
18. Pall to poem.slbskiwks AndelNuces ......................................................................................................................................... ..................17.632905 ....... ............11,510.872
19. Payaile for semailies.........................................................................................................................................................................
...
...................
20.
L&Nhy en amounts held under umnsued aradenc andMallh plans .................................................................................................... ................ ........ ............................
21. Captal rain S......0 alld'nlenesi Ihaeon 5....0 ....................................................................................................................................... .........................
.
22.
Aggregate wnta'ra fa sal lics .......................................................................................................................................................... .
........
10 1
..... 1200381
23, TOW Waft, (UM l enough 22) ..................... ......................................................... ............ ........... .......................... ........................ .. .._......_2118207101 _. .....,.23807791
24. Agpegale wnle4n for special surplus funds ................................ ....... _...... .
..........................................................................................
......................933.018
.._....
... _.._.... 1.015)15
251.
' Common Capital stock ...................................... .................................. ................. ........ ..... .............. ..... ..,.................... ....................... ... ................. 10.000.000 ........ ...........10,000.000
25B, Prefenedcaptestack ............................................................................................................................................................................. ...............................
.. .
25C.
Aggregate wale-ire for olher9un special surples fund: . ........ .....................
. . . . . . .
, . ........... . .. ........... . ... .. ..... .. . .................... ... ...............................0 ....................0
26k Supkn win ......... ............................ ..................... ............ ..................._............ ............................................................. ......... ............. ............ ...................... .........
M.
Goss pant n and eanbbuled fuplus ......................................................................................................................................................
.................96.99.101
........ ............................
...........7/,f16A26
260. Inassgnad kinds (surplus) ..................................................................................................................................................................... .................57.136.139 57.318.18
26D. Less treasury stock, at cost:
(I).......... 0000sharescaomon(valmincludednlew2M f..........0) ........................ ...................... ................................... .............. ... .................................. . ........ .............. ....... ....
t2)-...... 0000 shares prelened(value includedn Lkw 25B f........_0) .............................................................................................
......
27. Sur" as
regards pdkYhddas (Linn 2110 260. less 26D) (Page /.line 32) ........... ? .. ? .......... ............... .. .................. _ 165329061 ... 177 )19tH
17101. ReuoaClve lbnsuarn Reserve Ceded...
TA2 ..................................................................
7103. ._ ..............................................................
7138. Summery 0l ri m using wnleao lp Lne 22
................................. 0
Special Sapus•
Summary of remaiag ardent Ica Lm 21 hom
L ......................'01
Summary of rr. xvrg wnlerm IN Lane 25^ ham wereowMe?. _. I ...0
LINULKWKITING AND INVESTMENT
STATEMENT OF INCOME
UNDERWRITING INCOME
I. Remwms sarned(PaA2, Lira 32. Column q. ...... ....,,..... ... _.. ..,....,..
Deductions
2 Lase%muedlPv3,Uru72,Column7l
3 Lot crPensd vwu,,w(Pad 4, Line 22. Column l) ._.. ..... _. .._...,..... ..............,.
4 Olhei uMenmley eele s" purred (Pad 4. Line 22, Cdumn 2) . ..
5 Appipets wnle,me la uvlowuling doUtioni .............. ..,. .. ......,.................. ......._.,..
6. To'Al undiawri4np d,trcl+nse Dual 2lhraph )..,.
7. Nel undendong psm or !less) fn, l mnus Line 6).. ..... .,... ........
INVESTMENT INCOME
11 N.I midlmml room, anned(Pad 1.tow141 ..... ........................_.,_........,............_...,...,............. ... .....,.
9. flel rd4c1 api pains a (lumes)(Pal LA, Lp 10)
9A. Not sweslmml pap a(los)(Lines B.9) ....................... ....... ......................... ..... ..... .............. ........................ .....,....,...
OTHER INCOME
10. Not pen aIn,)son, apmb'or premium balances duiii oe (sreounl iamvered 9... 4,M,606
amam?"tivdo8 S... 3.427.00) ..................................................... _........
...........................................
11. Fuund and semce durpee nd ncluded in premmms........,...... ......................... ...,...................... ..............
12. Aggregate wnl*ns for mbalhruws moms.. ....... .... ......
13. Tow other poma hind 10 through l2)..................... ..,....,. ........ . .. ......
14. Net poems before dvidends to pol!ryhoklen and before federal and foreign nmme ton(Lines 7 9A•13
14A Daidende to Policyholders (Evni6il 2 Line 16, Column 1 plus Page 7 Line 106, Column t mma Column 2)..
140. Neiincome, aee dividends to pdayndden but before federal and foreign pane tarn (Lips 14 mirrus Lips
15. Federal *W leegn ncome hues incurred ............. ............ .....,.._......... ,.......... .....................................
....
16. Nei poem, (Lim IQ minus Lure 15) (to Lew IS)- ...............................................................................
CAPITAL AND SURPLUS ACCOUNT
17. Surpla as regards pol ghildm, December 31 Pnor Year (Page 4, Line 32, Column 2) .................................
GAINS AND (LOSSES) IN SURPLUS
71,
k
1 2 I
Current Year Prior Yn,
..........,fd,9219{
..............6/,YuB,J26 I
I.
1.
.......... 12,358 tU ...............0,156,655 {
.............. 22.567.102 ..............15,763.067 1
,...........1589,727 ..............1'3,492,5U) ?,.
... ....... ...103168 ..............166.7381
69 618 739 .. 55 355179
.......... _.......(693755) ..............8,899897
i
.................17.651,349 ..................15.55720
3824341 - 69618
..................16,271.915 ..................14,703.627
...................1./63.516 .................. (2426. Gq
i.
....................................
1316778 .....................................
21108m
2650384 .... 419585
........ 1842804 .................. 27,187.99
569885 _.. _._.731181
..................17,858.579 .................2 2.90,156
..................11,552.751 ... ............f 1,620,69
................... 2,731,705 ....................3.557.121
...................(1.157.91) ......................297.769
.22.171,378 .............. 3,952,006
......_....,.,..._ ..................... ......
........................................................
(12,600,000) ..................(!,000.09)
Refroaclwe Reinsurance Loss..... .........._........._.............
Summary of remameq wnt"s Id Lme 5 from overhow page ....,__ ..................
1201. Clam Sen;N Fd....._,... ...,..._.................. ...,...__.. ..... ......._......................
129 Mnceearcan Renma ........._ .. .............. ..... _.......
1207 ........... _.....,. ...... _.. ...._. ...,..
L?98 Summarydrmnamp wnlarm la Lei. l2 from overBOw pope.. ........ ......
Summary d amanmq w due ms b Lim 30 him iwAiw Pape ... _...... _..._..,._...
.. 22110 486 ...... 1895911?
............__.169.329.867 ....... ..........10.219375
.......................19,188
........... .................... ...... .......
....... .................188.77$
........................ _....
.......... ......................... .
..................................0 .......
.......
.............._...
...........
...........................0
........_....19188 IRS 739
..............1,39.911 ..,... .......... 2.006.477
.............27.067 ....... .. .............
.0 ... .. ..... ....0.
_ .1366778 _.. ......._...2006477
01 .......... ............0
4
Come p1b
INSURANCE DEPARTMENT
I, Linda S. Kaiser, Insurance Commissioner of the Commonwealth of
Pennsylvania, do hereby certify that the
LEGION INSURANCE CODIpANY
located in Philadelphia, Peiuisylvania,'is duly 'organized under the
laws of this Commonwealth and is authorized to issue policies and
transact the business of a stock casualty insurance company in
accordance with Section 202, subdivision (b), paragraphs (1) fire,
allied lines, (2) inland marine, auto physical damage, (3) ocean
marine; subdivision (c), paragraphs (1) fidelity & surety, (2)
accident & health, (3) glass, (4) other liability including
professional liability, medical malpractice, etc., (5) boiler &
machinery, (6) burglary & theft, (7) credit, (8) water damage, (9)
elevator, (10) livestock, (11) auto liability, (12) mine, (13)
personal property floater, and (14) workers' compensation, of the
Act of May 17, 1921, P.L. 682, as amended.
In Witness Whereof, I have hereunto set my hand,
and affixed the Official Seal of this Depar
at the City of Harrisburg this 30th day of
octob 1996
?{?fJ
Insurance Co -ss1Iss 1IC,I
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