HomeMy WebLinkAbout04-2307COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1,2004
Whereas, the CONTINENTAL CASUALTY COMPANY, located at Chicago, iL, 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 17t~
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, M. Diane Koken~ Insurance Commissioner of the Commonwealth of Pennsylvania, do
hereby certify, in accordance with Section I, of the Act of Assembly approved June 29, 1923 and known as act
No. 373 of the Laws of 1923, that the Continental Casualty Company, of Chicago, IL, 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 rcgulatinns 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.
CNA
CONTINENTAL CASUALTY COMPANY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 2003
ASSETS:
Cash
Short-term investments (principally U.S. Government Obligations)
United States Government obligations
Other public ~onds
Industrial and miscellaneous bonds
Preferred stocks
Common stocks of affiliated companies
Other common stocks
Real Estate
Premiums and agents' balances in course of collection
Premiums, agents balances and installments booked but
deferred and not yet due
Accrued retrospec6ve premiums
Accrued interest dividends and rents
Other Assets
Admilled Asset~
31,608,007
5,743,416,019
577,621,469
1,782,631,466
4,506,730,484
159,432,531
3,140,185,371
284,807,320
400,000
408,499,266
1,167,376,156
176,718,369
180,935,036
6,428,792,085
34,589,153,579
LIABILITIES:
Unearned premium resewe
Reserve for loss and loss adjustment expense
Reserve for t~xes, [icenses and fees (including federal income taxes)
Other Liabilities
Total Liabilities
$ 5,692,275,872
16,364,336,026
206,561,196
6,280,158,857
$ 28,543,331,951
SURPLUS:
Capital paid up ($5.00 par value)
Shares authorized 8,425,000 issued: 7,856,558 $ 5,180,842,758
Surplus Notes $ 345,600,000
Surplus 519,378,870
Surplus as Regards Polio/holder~ 6,045,821,628
Total $ 34,589,153,579
Failure of items to add to totals shown is due to rounding.
State of Iltinois )
) ss
County of Cook)
On this 14th day of May, 2004, before me came Lawrence ). Boysen and Amy Adams, known
to me personally to be the Senior Vice President and the Vice President, respectively, of the
Continental Casualty Company being fully sworn, certify and attest that the foregoing
statement is a true and correct statement of the assets and liabilities of the said company as of the date
shown in the statement.
,~* ,~-,~ ::~ OFFICIAL SEAL ~'
otar~ Pubhc ~ ~ NEIFIA O DORITY ~