HomeMy WebLinkAbout99-07336Q
Z
N
Z
Z
a
S
J
W
3
Z
c?
C
u
Z
w
F-
Q
a
w
0
W
V
Z
N
Z
7
i
u
O
H
r
C
40
°
J
V
b ` ? ? V
p °
L e
U ? a 'O
o c
.C •9 u qy •o`
z
N
i
i
i
u
C
ro
1
2 •? R y
i
u u
J '- b
I [
° ? a J
3 ?
3 3 •? o
o u ?
a
e
` ro
V ?
E > C
o
4
3 ` ? U
a y
? C •C V
U V 4
Z-• O
'••? O b y
h _ c
0
C ` u
`?j v a ?•
•? C
C -y h
•C +. C ?C
a a ?
•L`. C G
C C ?+ •?
?• C N
C O j D\
\
o u
a
u c C
y U ?
c' . 'c c
u " o C
4 ro J ro
a 1?
u u
IR . C
c
'u
U
ti
u
.t
,o
e c
a°
N
g a
a ^_
o °
°
u V
3
e
0
? o
U ?
M
0
4 p
C p
O •Y
U t
u ?
0
u
v
n
• c
.` C
\
V
u
e
.4
0
c
•a
V
•e
L
b
u
°
?c
t
C
4 0
d
J
.{ L
ro 4
°
O
° a
c _
r
? Lo
n ti
o`
n J
C 'C
l
C
V O
J
V ?1
C
v °
C
u
e
u °
C
y
c
`e
`e
e 4
C
QQ- 733 ?
ro
u
O
r
c
b
n
u
y O
o ?
v
b
? u
o a
? ro
? u
u
b
V
O
'e
U
a
4
a
/I
i
1
i
1
S YhVR MPANY, WC.
180 WATER ST, NEW YORK, NY 10038
No. S 00002572
ONLY VALIO IF NUMBERED IN RED
QUALIFYING POWER OF ATTORNEY
Valid In Cumberland County only
KNOW ALL MEN BY THESE PRESENTS:
That SENECA INSURANCE COMPANY, INC., a corporation of the State of New York, does hereby make,
constitute :ndappoint: William Colello
its true and lawful attorney-in-fact with full power and authority, for and on behalf of the Company as Surety, to execute and
deliver and affix the seal of the Company thereto, if a seal is required, on all documents necessary or incidental to the execution
of bail bonds not exceeding $ 100.000 per bond.
The execution of a bail bond by said attorney-in-fact shall be binding upon this Company as if such bond has been executed and
acknowledged by the regularly elected officers of this Company.
SENECA INSURANCE COMPANY, INC. certifies that this appointment is made in accordance with a resolution of the
Board of Directors of SENECA INSURANCE COMPANY, INC., by unanimous written consent dated January I, 1998, a
true and exact copy of which follows:
The Company authorizes the President, Executive Vice Presidents, Senior Vice Presidents, and Secretary to
appoint attorneys-in-fact or agents who shall have the authority to issue bail bonds in the name of the Company.
The signature of any of these authorized Company officers and the Company seal may be affixed by facsimile to
a qualifying power of attorney for the execution of it bail bond. The facsimile signature and seal used in this
manner is hereby adopted by the Company as the original and, therefore, is binding upon the Company with the
same force and effect as though manually affixed.
IN WITNESS WHEREOF, SENECA INSURANCE COMPANY, INC., has caused this document to be signed by its
duly authorized officer and its corporate seal to be hereunto affixed this Ist day of January, 19 .
SENECA INSURANCE COMPANY, INC.
???\1111MI`IFlI////?0 yo
bC ayJp1 ?G b
SEA L L t
If _
IS >?r ?71oA.o'TO By:
"%kailnnlnn"°^e Marc T.A. Wolin, Secretary
State of New York NOTARY PUBLIC
Borough of Manhattan
The foregoing instrument was acknowledged before me this Is ly of 1a uar.,
Secretary, of SENECA INSURANCE COMPANY, INC., a Ne o C oratio
LANCELOT L. THOMAS
Notary Public, State of Now York
No.24.4943150
Qualified In Kings County
Commission Expires October 17, 20-00
A.D., 19 jj-, by, Marc T.A. Wolin,
on behalf of the cqrporation.
Lance Thomas
Print Name
SENOPIM4198
COURT COPY
Mail AID CASUALTY CONPAtIES - ASSOCIATION EDITION
SIXECA Illlllljllll IIII IIII IIII IIII IIII III VIII IIIWANT INC
I IIII IIII IIII IIII IIII IIII IIIllllll IIII IIII illllll
. l1111J?!lJJJJ11 !J1
ANNUAL STATEMENT
FOR THE YEAR ENDED DECEMBER 31, 1998
OF THE CONDITION AND AFFAIRS OF THE
SENECA INSURANCE COMPANY, INC.
NAIC Group Code 1271 NAIC Company Code 10936 Employer's ID Number 13-2941133
Organized under the Laws of the State of New York
using . New York as the Port of Entry, made to the'
INSURANCE DEPARTMENT OF THE STATE OF
PURSUANT TO THE LAWS THEREOF
Incorporated March 29, 1978 Commenced Business July 1, 1978
Statutory Home Office 160 Water Street Now York, New York 100384922
(Street and Father) ' (City or Town, State and Zip Code)
Main Administrative Office 168 Water Street
(street and Number)
New York,-New York 100384922 212-344-3000
(City or Town, Stele end Zip Code) (Area Cade)(Telephone Number)
Mail Address 160 Water Street New York, New-York 100384922
(Street and Kober or P.O. Oox) . ' . (City or Tom, Stec and Zip Code)
Primary Location of Books and Records 160 Water Street
(Street and Water)
New York,.New York 10038-4922 212-344.3000 •
(City ci Town. State and Zip Code) ' (Area Code)(Telephone Kober)
Annual Statement Contact Vincent I Maids 212-344-4000
(Nees) (Area Code)(Telephone Nueher)(Exlemion)
OFFICERS
President Douglas M'Libby
Secretary Marc Todd Andrew Wolin Treasurer Marc'Todd Andrew Wolin
VICE PRESIDENTS
David Wiles Bishop Raymond Dewid Frank Vincent Donahue Jr.
Thomas Alvan Dowd Melvin George Funk Jr. Ahmed Kamal Ibrahim
Gloria Jimenez 6 . Daniel Henry Keiser Jeffrey Louis Landesberg
Keith McCarthy # Don Ameche McInturff. d Ellen Caramore O'Connor
Robert Willard Rhoades Chris Ivan Stormo Marc Todd Andrew Wolin
Erik J Anderson DIRECTORS OR TRUSTEES
Nickolas Antonopoulos !
Harvey Childs:#
Charles Arthur Davis 11 William Winfield Dyer Jr. Peter Hall Gleason
Winchester Fitch Hotchkiss Jr. Albert Benjamin Lewis- Douglas M Libby _
Richard Allen Ryan Barry Glenn Saratsky Marc Todd Andrew Wolin
State of Nee Tort
County of Nn SS
.... }
......................................................
DougPlas N Llbby
rsdent
.......................................................... .........................................
Pere Todd Andrew Wolin Kart Todd ................
Andnw Polln
Secretary Treuuor
Subtcrlbed and sworn to before me this I. Is this an orlglnal flllnqq 7 Yet I A 1 No I )
23rd day of February . IS93 b. If no, L State the uendaent number .........................
............. 2. gate flied
3. Kober of paget attached .......................?.
ARM STATEACAT 102 TIE YEAR 1996 Of TIE 5EIECA IASUCAICE COVARY, IAC.
ASSETS
Current Y ear Prior Year
1 2 7 1 S
- klAdmitted
led7er pose-tedger Assets lot Assets let Ad3itted
Asiett Aasets AdaItted (C olt. 192-3) Assets
1, londt (Ills ............ 1). liability for asset transfers with put optlonf.
742
129..
76
............ _.... .
.».._.c332,749..
_....11,359,760..
...... 7510.715_
Schedalo 0, Part 1) ................... ..... .
.
.....
2. Stocks:
•
2.1 Preferred stocks (ScSexule 0, Part 2. Section 1) ................................. .
................. .
603
942
15
................. .
............. ..
............... .
.._.......MOO.. ..._ .............
......15,602,94L . .................
..............30.
2.2 Cxmn stocks (Scbedule D, Part 2, Section 2) ---------------•------•------------- -
..
......
,
.
.....
7. Yartgsge leans on real Main lWedule 6):
-..- .
--.-..........-.-
3.1 First liens ...................... .----------------------------------------------- - ----------------- - ---------------- .- ---------- __.... ..._--...._ ..
3.2 Other thin first liens --"._.._._..._.--.-. ..'-----°--.. - ------------- .__ . ................. . ...............
4. Real estate (Schedule A):
4.1 Properties eccupied'6Y the company (less ......... ._ 10. eneusbrami) . ................ . .... _........... . ._............... ...... ........... ..................
4.2 Other properties (Teas ------------ $0. eneuebrances) ............... -......... .._.......... . ............... _ . _c...__..._._
' ....-.__......... ..................
5. Cash (_...12,333,431.Schedule E. Part 71) and short-ten 159
5
922 5n.
4
224
.
Inresteentt (-...f7,567,72!_Scbedule CA, Part 1) .................................... ........ .922.159.. ... ....._......... ...._............ .
.
.
........
6
133 .......
.
.
320.
31
6. Other Invested assets (Schedule LA) ............... A. ...._...._... ........... 6.136. ........__....__ .................. ............
,
. __........
,
7. Receivable for securities ...._.___._ ....:.......... .................. ................:. ................_ ......
1. A7gregate write-ins for Invested assets .............. ...._..._....... ......_.......... .................. .................. ......_.--'.......
9. Subtatals, cash and Invested assets (Lines 1 to 6) .................................... _•--"'96'214'756- ...°"'•'°'--"'- ••'"""'-'"363,749. .......97,593,619. ......_79,766,597.
10. Agents balances or uncollected pmiuas (net is to caenittions and dtvidendtJ:
count of collection (after deducting ieded
1 Prceiaes and agents balance s in
10
.
.
reinsurance balancer payable of ( .___...51,527,250_) .... _._.................... ....... 1,075,570 . ............. ....- .._-.-..-556.940. .......... 17,630. ........ 1.436.664.
10.2 Prolve s, agents balances and lastalleents booted but deferred and riot yet due
(after deducting ceded relnsvrance balances payable of _.._..$2,10S,16E.) alcludlny
............SO.earAed but unbilled pmlust) ......... _.................
....... 7,729,462.
........... _.....
..__...........
._-___
-7,129,162 _ ........ 9,205,624.
10.3• Accrued ntrotpectire Pmlves (after deducting ceded reinsurance balances
.
payable of 10.) _._.__:........__.............................. _.. ..........__..... ..............._.. ......_-....__
. ............... .................
....... ._
D. funds held by or deposited with reinsured ccepantes ........................ ....... _._..._. ............... ... .._....__....
.... .................. .... .......
12. Bills recallable, taten•for pmlvas ....................................... ....... ... ....._..._._._. ._............... .:.._....:....... . .......... _...... ..................
Reinsurance receverables on loss and lost adlustoeet expense payments (Schedule F,
13
.
Part 1, Colt. 2 and 3) --------------------------- ------- ------------- .............. ........ 1,423.796_ .....__.._.... ....._.1,123,196. ..____--_261,175.
14. Federal Intent tax. recoverable and interest thereon ............ ..................... ......:..._...._ ................ ............. ...... ........... ..................
11A. Guaranty funds recefr4le or on deposit .......... __..__...... _.._ .......... ...... ......_... ...._._....___. ......r.....-.. _... .._.......
294
411 ..................
496.
151
Electronic data processing e,ui,pment .... ............................................
15 ..........294,471. .................. .........-......_ .
.
.......... ..........
,
.
16. Interest. dividends and nil estate intone due and lemid ............................ .................. ....... ...950,714- . ......... 950,711. ---------- U4,684.
17. Receivable free parent, subsidiaries and affiliates ........................... ........ .................. ....._.____._ _._.....?.___ ................ ... ....... _-......
:
It. Equities and deposits In pools and Associations ....... ............ .......... ......... .......... ........ ...._...._...__._ .................. _................
.
.._..__..........
19. Aoounts receivable "Using to uninsured accident and health-plans .......... ...:..... .................. ..:...........-•- ------..... .._ •"'-............ --°----°--^---•
20. Other assets nonahitted (Exhibit 1) .........................:........ ........... 317,156
26S
J6 ..........__.......
: _..._...317.456.
-.---- .-.:..............
• -•_-••---76,215 ..................
. --_.__..9,265,432.
21. Aggregate write-ins forolher than invested atsett .................................. = ,
- -•-----... . ._..
.... ...-.- ...._--
22. TOTALS (Lines 9 through 21) ------................................................. . ------109,192,110 - ..._.__..SSO'744 - _......11260,145 . _....IW MDO9 .......101,011,972.
DETAILS Of WRITE-JAS
-
U01 . ........................ ................. . ............. _... . .............. . ................. . ..........
......_.
0 M
2 .................... ...................................................
. .................
..................
. ....... _..... _.
...... ........ ._
..................
0103, ....... .................................. ............. .................. .................. ........._....... .............._.. ..-'--"....._....
0696. Sumary of rmaining write-ins for tint 6 frn overflow page ......................... . ................. . ................. . .... ............ . .......... ....... . ._.-_____-_---.-..
CAM. Totals (Lines O!01 thru C!03 plus C69S) (Line 6 above) ................... ............ . ................. . ................. . ................. . .......... ....'-. ...................
2101. Cath.Onpasil.Weld.by.tcepany_on ?ehalf.af.ihlyd.Party ................... ....... _.... .. ........... ..... .. ................ .. ..__-....c._.. ............. _.... . ........ 6,965,000.
2102. 61 t cel lineevt.pece Ir ables ........................... ................... .............. .. ...........76.21 5. ................ .. ................. . ........... 76,265 ........... 320,432.
2103 ................................................ .......................... ...._---... .. .---..._._...... .. ................ .. ............... _ ................... . ..................
2196. Sumsry of reealAln7 write-fns for Line 21 from overflow pale ....................... .. ................ .. ................ .. ................ ................... ...................
2199. Total% (Lines 2101 lhri 2103 plus 2116) (Line 21 above) ............... .........•---• -• ........... 76,26 5. ................ .. _.............. .. .... _..... 76,26 5. -------- 9,285.432.
ANMOIL STAMM FOR TIE YEAR 1995 or TIE SENECA INSWICE COMPANY, INC.
LIABILITIES, SURPLUS AND OTHER FUNDS
1 2
Current Year Prior Year
1. Losses (Part 3A. line 32, Coluen 5) ..................................................................................................... .........03.120.391.. ..........21,612,076.
IA. Relnturenct payable on paid loss all 1011 adJusbaent alpinist (Schedule F. Part 1, Coletn,2) ----------------------------------------- ...................
.. .....................
loss adlustaenl expenses (Part U, floe 12, Colu.n 6) ...................................................................................
3 .........12.017,266_ . .......... 12.400.390.
,
7. Contingent mission% and other sleilir charges ............ .--------------------------------------------------------------------- ..... . ............671,760.. ............. 265.366.
Other expenses (txcluding taxes, licenses and fce1) .....................................................................................
1 ..........1.011,336. ....,...._..1,110,063.
,
Taxes. linnses lad fees (excluding federal end foreign Iona taxes) ....... .........................................................
S ............662.006. .............. 267.494.
.
6. federal and foreign lam lease (excluding deferred taxes) ..................... ...................................... _............... ............. 106,705. .............. 197,153.
7. Narrowed nney ................................................................................................_c............... ....... ._.................. ......................
6. latanlt. Including ................................... 10. on barrowd my ........... _.................................... _._._
runa 5) (sitar Mcling stied reinsunnce onelrned prestuas of .................... 15,522,203.)
37
C
2A
Li _.._..... _........
..:_-..... 21,096,172. ........._...........
........... 17,265,011.
.
o
.
ne
9. Unearned pretlns (Part
10. Dividends declared Ind unpald: '
1. Stockholders ..... _......... ......................................................... _...................................... _.... ............._....... .... ............__....
I,. Policyholders .................................................. ...................................................................... ...........r.........
224
110 ......................
...
Funds held by expiny under reinsurance trestles (Schedule I. Part 3, Coluan 14) ................................................... _••
11 .
,
............. ................
...
.
12. Woke withheld or retained by wisplay'for account of others ......... ..................................... ...................... _... ............... 6,066. ............... 12.759.
13. Ralltlaces and ties% not allocated .................................................... ............. ................................ _ ............... _.....
52)
239. ......................
.........._.32.000.
14. provision for reinsurance (Schedule % Part 7) ......................... .........................:...._............._..._............ ..._........
, ..
15, Gress of statutory ralerret over st tennt reserves (Schedule P Interrogatoriu) --....... -........................................... ............ 60,000. .... _........ 325,000.
16. Net ad)ustsents In little and liabilities due to fanlgn exchange rltet ......................... _.............................. ._..... _........ ........... ......................
17. DrifLi outstanding ................. ...... __.._.......... ...................... _..._................................ ---.......... _. ........... ...... ._
600-
41 -__..... _............
................ 1,000.
16. Payable to parent, subildiarles and affiliates .................. .___-.......................................................... ... ,
_...... ......
.......... ...... ....... 211,547.
19. Payable for securities ................... _..._.................................. _°°.._..........__.._............._...._._._ ._........
4. Llibllity for anunts held under uninsured accident and health plans .................................................................. ._.................. ....... ...............
21. Capital Notes .................10.1nd interest thereon...................... 10.._._............ __...... _...................... ..................... .............._....._.
22. Aggregate write-Ina far lllbillties ......_..........._ ............................................_........:...._................... ___.......106.100- ............9,017,627.
23. Total liabilities (Lines 1 through 22) ---_.......................................... ...._.__....._....__.....-_.._...°_...._... .._.......67,463,210. ...........63,073,521.
26. Aggregate write-Ins for speelil surplus funds ............... _...................................................................... _. _.._...... _........ ......................
...
. .......... 4,600,000_ ............ 1.600.000.
..
2St. Cerxn capital stact ................. _......... _............... _......... _.... ............................... _..... _....
251. Preferred capital stock ................. _........................................................................... .................. ........... __...... ......................
25C. Aggregate write-Ins for other than special surplus funds ............ ........................................... _.......... ....._ _....... _ ......... ......................
?SA. Surplus Notes ........................... ........................_...................... .-............ ...................... .........
: .....................
431.461_
. 21 _..... _........ _...
..... _.... 24.431,461.
._.._._.........._
266: Gross paid In and contributed surplus .................._..._..__._..........-_...._...._.........._........._. ,
.......
RIC..IJnaisigned funds (surplus) -...-..- ----------------------------------------------------- ---------------- -------------------- ......... .......... 12,166.336. ............ 6,709.961.
260. Less treasury stock, it nit:
(1) ..............................0. shares cleo n (value included in Llne 25A ........................10.) ..................... ..- _..... .............. ......................
(2) _- ........................_.0. shares preferred (value Included In Line 256..................... 10.) .......... ............... ............... ._... .............. _......
.........................••------.......... -.......
V. Surplus as regards policyholders (Lases 24 to 260, less 260) (Page A, Line 32) ....
.......... 41,419,799.
........... 37,941,615.
26. 7o7A15 (Page 2, tine n. Col. 4) ............. .........°--_.._._____..........-•°....____.___....•••........----.................. ._----...103.163,009. ........-_101.011,912.
NRITEINS
5
965
000
lt.Nerd.by.Cppany.an_6eh11f.af_ihlyd.Parly ............................................................... ............... ,
,
.
............
P11n.Llablilty ..................................................._.._____....._._.............._........_...............___.......
E ._..........__27,335. .........__.
lliftmi-payablis ......................................:.............................................._....._._.____......_._... .........._...:65,065. .._.___........30.1)1.
ry of retaining write-fns for Line 22 frx "arrive page .............................._............_........_.._.............. ................._... ........._._..........
(lane( 220 lhrv 243 plot 2296) (Lane 22 aSove) ...............................................................................
Totels ..............106.100. ..........__9,057,623.
2101................................................. ............................................................................_......... _ _ ...................... ............ .......
...
2107. .. ........................................................... ....................... ..................... ........ .............. . ............. ....... . ......................
2791. Suatary cI remining write-ins for Line 24 I'm overfly page ......................................................................... . ................... ........---------------
2799, Totals (Lanai 2101 thrv 2403 plus 2696) (Line 26 above) ............................................................................... . .................... .......................
2SC01.---------------- ....................................................................................................................... ..................... . ---------------
25 . ..-------------------------------------------- ......... ........................ ..................... ................................... .................... . ..... ...... ...------ ..
tsca7.. ......................... .............................................. ......... ..................................... ..... . ................... - - ---------........._...
iSC96. Suc1ry cf reolIcing write-lit for Line 25C frone everf loo page ........ ............... ......... -...... ............................... ._ . ............. ....... . .............
-........
21099. retail (Lines 25COI thrv 25007 Pius 2$091) (line 25C above) ........................................................................... . .................... .......................
3
AINIAII STAID (AT FOR TIE YEA11118 OF TIE SENECA IIWKE CRN7ANf, INC.
UNDERWRITING AND INVESTMENT EXHIBIT
STATEMENT OF INCOME
1 2
Current Year Prior Year
PdDELIRIIING INCOME
1. Wool eared (Pat 2. Line 32. Column 1) ...................................................... ..........._................... .............SS,961.193. .___.._.._-25.696.921.
DEOLCTIONS
2. Losses Incurred (Pat 3. Line 32, Colual 7) .................................... ........... .......................................
._........... 31.297,666.
_.......... --11,509.125.
3. Lots expenns Incurred (Part 1, Line 24 Column 1) ......................................_....-_...._.._...........__..._. ._.--.........1.075,700. ...............1,936,315.
1. Other undenrlting eypeant Incurred (Part C, Line 22, Colvin 2) .................... .......... •••••..•_•••••21,380,637. ....._.......10,179,612.
S. Aggregate mrlte-Ins for mndenrlting dedectlont ........... ......................................... _.......................... ....... ._............... .......................:.
6. Total oufenriting debiellent (Lines 2 ihmSS 5) ............ =................................. _ ............. ......... _... _..__...... 56.751,225 . .............. 26,925,382.
1. Net underwrlling Sala or (lots) (Line I minas lint 6) ........:.................................................................. ._..._........(789,7271 .............. (1,226.131)
.
INNESTNETT ]ALONE
6. Net In"ttsegt lame earned (Part 1. Line 11) ..............._.........._..._......__.................._._......._....._ ............ .132,391. .._........... 1.906,637.
9. Net "allied capital Sells or (lostet) (Part IA, lint 10) ...... ..................... _........ -................... _............ .... ........... 178,056- .................180.170.
9A. Met investment gain or (losil (Lines 8 e 9) ........................__.._...__......._.._........._................._..._... ...............5.610,!30- ...............5.037.007.
OTIE1 TICONE .
. 10. Net gain or (lost) from agents, or Amin bdan"t charged off -
(ImAt "covered .........................10. amount charged off ................ _....$0...) .................... _..... ....... _......... ............ _...........
II. Finance and servlce chtrgei not-lnetuded to premives _._.:........•.........-_....._..._ ..................................... ...................._... .._......................
12. Aggregite srIte-las for miscellaneous lam ........ ..................................................................... ......__._...._...... ....._...................
......_--.-.----.........._......._..........
17. Total other Income (Lines 10 threuy5 ]2) .......................... .........
........:-...............
.........................
11. Met lame before dividends to policyholders and before federal and foreign local tint (Lines 7 t 9A a 13) ............. -•-•- .... --•_-_•-A.120,723. .......... _...3.160.519.
ILA. Dividends to policyholders (Exhibit 2. Line 16, Column 1 plot Page 3. Line 106, Column 1 Rings Colgan 2) ....... .__.....__... _.?.._.._. ...... ........... _............
111. Net lace, after dividends to policyholkrt but tefa" federal and forelgn* Ioma tint (Line 11 signs Line 11A) ........ ...... ......... _.... 1,820,723. ......... -__-3,860,519.
IS. Federal and foreign lame tiles Incurred .......... __............................ ._.............._..........._........._.. . ........... ___1.112,358.
16. Net Instant (Line 113 stout Line 15) (to Line 11) ............... ................ ................................... ...... _... _......... ,-..3.961,206. ..... _........ 2,711,391.
CAPITAL AID SMPLOS ACCM
17. Surplus as regards policyholders. December 31 prior year (Page C, Line 32, Colvin 2) ................. _.__................... _............ 37.911,IIS. ............. .71,607,620_
WINS AID (LOSSES) IN 317RPLW
18. Net lame (fan Line 16) ...._........ ............... .......... _.................. ............. .-_........... ............ _. ............. 3.951.206. ....... ........ 2,718,391.
19. Net normalized capital gains or (Latta) (Part 1A, lint 11) ........................................... :.............._... ........_.......-69,301. :.......•.........(1,163)
20. Change in nonthgtted assets (Exhibit 1. Line 6. Col. 3) ............................... _......... .... ............. ....- .,.•......_..-.(765,921) ............... 21S.I97.
23. Change in provision for reinsurance (PaS4 3, Line 11, Colon 2 sings Column 1) .... ..... _........... _..._......... _.... .._... _...-.-..._.4471,239) ...» .............(2,000)
22. Change In foreign exchange adjustment .............. __.._._.......... _......... _.... _..... _._--_.----_------- _--------
23. Change In emit of statutory reserves ever statement reserves (Page 3, Lint IS. Colon 2 Hags Colvin I) ................... _.. -........----- _------
. __------•----------.----
.............. _..103,000.
23A. ChraSa In surplus notes ................. _._............................................................. _................... .... _.................. ..................... __
21. Capital chagotc'
a. Paid In (Exhibit 2, till 6, Column 1) ...................... ........ _.............................................. .._.... _................... ........................
b. Tnmfernd frca surplus (Stock Olvidend) .... ......... _...................... .............:....._._..:........._....... ._.. ..... _........ ...... .... .............
e. Trlnifernd'to svrplvr ..................... _...... .................... -._._...........__...._..:.................... .... ........... ._..._
..._
.--_---- ............
25. Surplus adjustments.;
a. Paid in (Exhibit 2, tine 7. Colvin 1) ....... .......... -......................... .........__.._....._........____ .._.r_.._.......... ... _...... ...°......
b. Transferred to capital (Slott Dividend) •-............................................. ......_...__....-._.......-... ._......_............ ._........._...........
e. Transferred I'm "pltal ......... ..................... ........... a................ ...-............ _.... ...... .......... ._._.......... _....... :....... ....... ..........
26, Net remittances. fm or (to) Eme Office (Exhibit 2, Line AS sings Llnt 126, Columa l) ..._....... _ .................. ........... .._.._.............. _. ................ _.......
21. Dividends to stockholders (cash) __..__. ...... ................. _...............:..__....:...._._....................... ...._v..............._. ................. ........
28. Change 14 treasury stock (Page 3, line 260 (1) and (2), Won 2 items Colgan 1) ..................... _..._....... ._...._.... .... ......_.._........ ........ ......... .___.__
29. Extraordinary wants of tint for prior years .......... ....... _........ .......... _.._......... ...... _........ ............ .. .......... _..... _---- --____..__.._
30. Aggregate erne-Ins for 51141 and loans In surplus ..... .............. ............................... ............. _.......r.. ._:...._.......... ..... ...... ...__...___.._.___
31. Change In surplus at regards poll lcyholders for the year (Liner 11 through 33) ........... ---............ _........... •-------- -•••-•--•• --3,118,751. ....... ...... A.373.125-
32. Surplus at regards pollcyholdert, December 71 mint year (Lints 17 plus Lima 31) (Page 3, Lint 27) .--_--....... __......... ........ .... A7,119,799. ........ --_..77,911,115.
DETAILS OF N2ITHAS
.
.. -.............................. -.:........... ---_-.._...
0501 ...... ......... ......... -.......................................... -.... .... .r................ ......................
.__
0502 . --------- .......................... ._...... -.-.................. _........................ _...................... .............. ..........o............. .............. ..........
OSO)....._...__ ............................. ...... '•°_.............................. ................................... ....... ......................... .........................
0593. Sultry of malting vritt-Ins for Line S from overfly page ...... ...................................... ............. _.._--.... ......... _..... -........ .-_--------- -............
0599. Totals•(L1nns OSOI the 0507 plus 0598) (Lint 5 15mt) ......... .............. ..................................... _............. .........................
. ...............
........._
1201 ........................................................................................ ............. ............... ......... .......
.................. ...................
....._
12D2 ................................... ............. ................. ..._............... ..__.............. 0.......................... ......... _.............. ..... --------------
1201 .................................................................................................................................. ......................... .........................
1293. Suxary-cf matning vrlte-Ins for Line 12 fm overfly page ................................................................... _....... -............... ..._______-__-_-_----_-.-
1299. Totals (Lines 3201 thm 1203 Plus 1296) (Line 12 above) ................ ............................... -_--............. ......... ......................... ........................
.
3001 . ------- ................................................................................. ................................ .......... .............._.......... ............ .-............
3002....------------------ :.......................................................................................................... .:....._....---'----•__- -------------------------
30) ....... .---- ............... .......................................... .................... .---- ........ ................. ........... ............."'-••--••-- ----_--------------.._'--
3096. Su_ary of reaining write-ins for Line 30 fro everfly pap ................................................................... ......................... ...... .......... .....___
3099, Totals (Lines 3701 lhn 3703 plus 3098) (Line 33 abavt) ........... .------ .......................... ....... .............. ._..... ..........._____......_.- ......... .__-......... -..
4
I n
Liz
-
Li' .
,
a.
?j