HomeMy WebLinkAbout07-3294.r. 07 - .3~9~ ~~
- COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
~L
Harrisburg, PA April 1, 2007
Whereas, the TRAVELERS CASUALTY AND SURETY COMPANY, located at
Hartford, CT, has filed in this Department a certified copy of its charter and a detailed statement of its Assets
and Liabilities, and otherwise complied with the requirements of Section 661 of the Act of Assembly of the
Commonwealth of Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating
the Law &c.," approved the 17`h day of May, A.D. 1921, as well as with the requirements of the laws of this
Commonwealth applicable to such company in doing business herein.
Now Therefore, I, Randolph L. Rohrbaugh) Acting Insurance Commissioner of the Commonwealth of
Pennsylvania, do hereby certify, in accordance with Section 1, of the Act of Assembly approved June 29, 1923
and known as act No. 373 of the Laws of 1923, that the Travelers Casualty and Surety Company, of
Hartford, CT, is duly authorized to become and be accepted as sole surety on all bonds, undertakings and
obligations required or permitted by law or the ordinances, rules or regulations of any municipality, board,
body, organization, or public officer.
In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day ar~ear first above written.
TRAVELERS CASUALTY AND SURETY COMPANY
HARTFORD. CONNECTICUT 08983
FINANCIAL STATEMENT AS OF pECEMBER 31,2008
CAPITAL STOCK S 25.i>O<l,000
CASH 8 INVESTED CASH S 438.853,857 UNEARNED PREMIUMS S 1,809,304,822
BONGS 9,097,1,797 LOSSES 8,283,684.887
STOCK 2;802.283,340 LOSS AD.AI3TMENT EXPENSES 9.392,834:378
MORTL3AGE LOANS AND REAL ESTATE 18.708.687 COMMfS310NS 129.182;301
843
938
$~
OTHER INVESTED ASSETS 510.901,999 TAXER, LICENSES AND FEES =
.
822
99
400
INVESTMENT {NCOME OUE AND ACCRUED 198,8,014 OTHER EXF~NSES .
.
4
467
546
PREMIUM BALANCES
REINSURANCE FUNDS HELD BY 1 DI=POSITED VJITN REINSURERS 1.034,797,655
8:101.455 DIVIDENDS
CURRENT FEDERAL AND FOREIGN INCOME TAXES .
,
3.997.972
NET DEFERRER TAX ASSET 234,398,203 CEDED REIt~9RANCE NET PREMIUMS PAYABLE 73.804.104
RECEIVABLE FOR SECURITIES 4.012 AMOUNTS WITHHELD !RETAINED BY COMPANY FOR OTHERS 29,495,156
SUSSIOIARiEB 8 AFFILIATES
RECEIVABLE FR09v9 PARENT 93,826,939 REMITTANCES AND tTEM3 AK'7T ALLOCATED {3.058,835}
.
41fd1~STRIBUTED PAYMENTS 50,537.299 PAYABLE FOR SECURITIES 33.956.084
844
699
253
EQUITIES AND DEPOSITS IN POO+.S & ASSOCIATIONS 25,018,966 INTEREST DEPOSIT LU181L1TY
E CEDED
SER .
,
{74
954!
844
STATE SURCHARGSES RECEIVABLE 4,240,3tI7 V
RETROACTIVE REINSURANCE RE ,
,
OTHER ASSETS 8.979,838 OTHER ACCRUED EXPENSES AND LIABfLITIE5 4,347.328
744
2
'z~'9,900
TOTAL LIABiLiTiES ,
,
CAPITAL STOCK A 25.000,004
PAID IN SURPLUS 2.049,492..704
OTHER SURPLUS 2392,009,325
0
~4
4~'
i8
i~4
TOTAL SURPLUS TO POLICYHOLDERS ,
.
.
,
TOTAL ASSETS 14 3 336. /0 ToTAI LrA6lUT1E8 & suRPLUB 9a.35B.. ,~
STATE OP CONNECTICUT }
COUNTY JF HARTFORD }SS.
CITY OF IiART~ORD }
LAWRENCE A. SIUTA, BEING DULY SWORN, SAYS THAT HE 98 CHIEF FINANCIAL OFFICER -TRAVELERS BOND 6 FINANCIAL PRODUCTS.
OF TRAVELERS CASUALTY AND SURETY COMPANY, AND THAT TO THE BEST Of HES lCNOWLE~E MAID BELIEF, THE FOREGOING IS A
resa f~ eun rn~taFt T STATEMENT OF THE FINANCIAL CONDITION OF SAID COMPANY AS OF THE 39st DAY OF DECEMBER. 2006.
SUBSCRIf3EQ AND SWORN TO BEFORE ME THIS
29TH DAY OF MARCH. 200?
~2£~TA~iY
~.
1~t11'T8 ~. N4WI{C (~bt81'y pi.Ib~IC
~}t Commiasion expires June 34, 2011
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