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? :~, COMMONWEALTH OF PENNSYLS'ANIA
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~`°~w 6~`' INSURANCE DEPARTMENT
E~L7H OF ~'NN
Harrisburg, PA April 1, 2008
Whereas, the CONTINENTAL INSURANCE COMPANY (THE), located at Reading, Pennsylvania,
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 insuraaice; amending, revising and c.~n~~~~lidatin~ the Law &~~.,"
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, Joel Ario, Acting Insurance Commissioner of the Commonwealth of
Pennsylvania, do hereby certify, in accordance with Section 1, of the Act of Assembly approved June 2, 1923
and known as act No. 373 of the Laws of 1923, that tl;e Continental Insurance Company (The), of Reading,
Pennsylvania, is duly authorized to become and be accepted as sole surety on all bonds, ~.r-dertakings and
obligations required or permitted by law or the ordinances, rules or regulations of any municipality, board,
body, organization, or public officer.
In '~'Vitness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
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Acting Insurance Commissioner
CNA
THE CONTINENTAL INSURANCE COMPANY
STATEMENT OF NET ADMITTED ASSETS AND LIABILITIES
December 31, 2007
ASSETS:
Cash $ 4,064,269
Cash equivalents 934,044,136
Short-term investments (principally U.S. government obligations) 88,360,355
United States government obligations 97,384,314
Other public bonds 1,318,070,504
Industrial and miscellaneous bonds 902,380,100
Preferred stocks 0
Common stocks of affiliated companies 220,102,358
Other common stocks 90,124,449
Real estate 0
Premiums and agents' balances in course of collection 106,305,554
Premiums, agents balances and installments booked but
deferred and not yet due 58,820,495
Accrued retrospective premiums 0
Investment income due and accrued 18,814,153
Other assets 420,333,618
Admitted assets $ 4,258,804,305
LIABILITIES:
Unearned premium reserve $ 0
Reserve for loss and loss adjustment expense 25,391,853
Reserve for taxes, licenses and fees (including federal income taxes) 35,556,525
Other liabilities 2,128,098,578
Total liabilities 2,189,046,956
SURPLUS:
Capital paid up ($5.00 par value)
Shares authorized: 50,000,000 issued: 10,713,272 1,917,003,354
Surplus 152,753,995
Surplus as regards policyholders 2,069,757,349
Total $ 4,258,804,305
Failure of items to add to totals shown is due to rounding.
State of Illinois )
ss
County of Cook)
On this 14th day of March, 2008, before me came Amy Adams and Jerry F. Sliwa, known
to me personally to be the Vice President and the Assistant Vice President, respectively, of The
Continental Insurance Company being fully sw ertify and attest that the foregoing
statement is a true and correct statement a assets and liabilities of the said company as of the date
showy in the stlttement
Jerry iwa, Cssistant Vice Presi ent
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tary u is OFFICIAL SEAL
LISA R WOOD
NOTARY PUBLIC • STATE OF ILLINOIS
MY COMNNSSION EXPIRES:08/09/1 t
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