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HomeMy WebLinkAbout10-2583` ° P l0 - as83 COMMONWEALTH OF PENNSYLVANIA ;Oy?E4ml OF PENN+y,' INSURANCE DEPARTMENT Harrisburg, PA April 1, 2010 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 17th 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 Continental Casualty Company, of Chicago, IL, is duly a thorized n d :? Q n to become and be accepted as sole surety on all bonds, undertakings and obligations required ? peamrtt4b rtt law or the ordinances, rules or regulations of any municipality, board, body, organization, gQpublicffic Y. ' In Witness Whereof, I have hereunto set my hand and affixed my official seal, the day and year first above written. Q;;4-; Commissioner *Ito. oo ion Ar" e??' 8ao48 a840 S/ CNA CONTINENTAL CASUALTY COMPANY STATEMENT OF NET ADMITTED ASSETS AND LIABILITIES December 31, 2009 ASSETS: Cash Cash equivalents Short-term investments (principally government obligations) United States government obligations Other public bonds 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 retrospective premiums Investment income due and accrued Other assets Admitted assets LIABILITIES: Unearned premium reserve Reserve for loss and loss adjustment expense Reserve for taxes, licenses and fees (including federal income taxes) Other liabilities Total liabilities SURPLUS: Capital paid up ($5.00 par value) Shares authorized: 8,425,000 issued: Gross paid in and contributed surplus Surplus notes Surplus surplus as regards policyholders Total 38,551,499 472,715,453 1,126,536,206 188,790,017 13,649,206,743 13,602,845,850 540,780,330 3,222,820,198 23,936,828 131,878,873 365,913,396 632,211,285 177,068,496 304,518,689 5,891,694,504 $ 40,369,468,367 8,922,460,478 19,865,229,863 158,609,415 2,085,017,051 31,031,316,807 7,126,513 35,632,565 5,657,112,191 1,000,000,000 2,645,406,804 9,338,151,560 $ 40,369,468,367 Failure of items to add to totals shown is due to rounding. State of Illinois ) ) ss County of Cook) On this 2nd day of April, 2010, before me came Amy Adams, known to me personally to be the Vice President of Continental Casualty Company being fully sworn, certify and attest that the foregoing statement is a true and correct state nt of the assets and liabilities of the said compan as of the date shown in the statement. Amy A a Vice President OFFICIAL SEAL ';?!N*ww?r?w- WINNIE UN NOTARY PUBLIC -STATE OF {LLNi01S ` Rotary Public. MY COWAS" EXPIRES:0?128f13