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COMMONWEALTH OF PENNSYLVANIA
~o~~~~~TM~.~~'`+.>3 INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2008
Whereas, the ST. PAUL FIRE AND MARINE INSURANCE COMPANY, located at St. Paul, MN,
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, Joel Ario, 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 St. Paul Fire and Marine Insurance Company, of St.
Paul, MN, 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 and year first above written.
~~~
Acting Insurance Commissioner
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ST. PAUL FIRE AND MARINE INSURANCE COMPANY
Statement of Financial Condition
December 31, 2007
Assets
United States government bonds $ 1,579,789,557
Other public bonds 7,768,659,325
All other bonds 3,348,934,391
Stocks -preferred 41,437,120
-common 3,331,882,597
Mortgage loans 2,535,000
Real estate 750,632,162
Cash, cash equivalents and short-term investments 419,462,764
Financial options and futures 0
Other invested assets 610,757,941
Premiums and considerations (Agents' balances) 1,330,547,314
Investment income due and accrued 166,098,151
Federal income tax recoverable/Net deferred tax asset 316,437,451
All other assets 175,521,781
Total Assets $ 19,842,695,554
Liabilities. Canital and Surolus
Loss and loss adjustment expenses $ 9,885,808,058
Unearned premiums 2,099,873,010
Reserve for taxes 114,741,652
All other reserves and liabilities 861,165,568
Total Liabilities 12,961,588,288
Special surplus funds 30,299,521
Capital 20,000,000
Unassigned surplus 6,830,807,745
Total Capital and Surplus 6,881,107,266
Total $ 19,842,695,554
State of Connecticut
County of Hartford
The foregoing is a correct statement of the financial condition, on a statutory basis, of the St. Paul Fire
and Marine Insurance Company as of December 31, 2007, according to the best of our
information, knowledge and belief.
Second Vice President
Subscribed and sworn to before me this 21st day of April, 2008
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Notary Public
My commission expires November 30, 2012
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