HomeMy WebLinkAbout10-29391 .
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? :COMMONWEALTH OF PENNSYLVANIA
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Ory?E4LTN OF VEN+ INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2010
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 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 Travelers Casualty and Surety Company, of Hartford, CT,
is duly authorized to become and be accepted as sole surety on all bonds, undertakings and obliior)A,
required or permitted by law or the ordinances, rules or regulations of any municipality, boar '? ??
body, organization, or public officer. ` i
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In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
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Insurance Commissioner
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TRAVELERS CASUALTY AND SURETY COMPANY
HARTFORD, CONNECTICUT 00183
FINANCIAL STATEMENT AS OF DECEMBER 31, 2006
CAPTTALSTOCK II 20,000,000
CASH I INVESTED CASH 8 302,?83,M
BONDS 0.838,488,700
STOCK 3,875,048,704
MORTGAGE. LOANS AND REM. ESTATE 901,487
OTHER INVESTED ASSETS
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INVB$TMEN T INCOME DUE ma ACCRUED 1?$2{7 846
mEAAUIIft>viLJWCES
NET DEFERRED TAX ASSET 298,E
RACEJWABLE FOR SECURITIES
RECEIVABLE FROM PARENT, WASIDWRIES 6 AFFILIATE$ s4l441,834
UNDISTRIBUTED PAYMENTS 28,514,+730
EQUITIES AND DEPOSITS N POOLS & ASSOCIATIONS 34,28203
REINSURANCE FUNDS HELD BY I DEPOSITED WrM REINSURERS 4,888,491
REINSUPA NCE RECEIVABLE INTERCOMPANY S7 392,844
STATE $URCMA W3 RECEIVABLE 9LU9s118
OTHER ASSETS 707,315
TOTAL ASSETS
UNFAlV= PREMIUMS $ 1,431,000,232
Los= 0,013,444,237
LOSS ADJUSTMENT EXPENSES 1,411,900,007
COMANSSIM
TAX0, LIOMW AND PEES
' 108,186,438
05.184:937
OTMER
PWERIM 98,408;269
FMTROsgP6CTIVE PREMIUM RESERVE 03,812,445
CEDED RENSURANCE NET PFMAUMS PAYABLE 107,018,811
REWITA0008 AND n1W NOT ALLOCATED 1,+18$412
AMOUNTS WIT HH" I RETAINED BY COMPANY FOR OTHERS 29,168.941
PAYABLE POR SECURTIES 40,873,189
POLICYHOLDER OMO@NDS 7,827,984
RETROACTIVE RBMLSUPIANCE F41SOM CEDED (34,407,304)
OTHER ACCRUED EVENSESANDLNABLITTE6
TOTAL CIABiLTIE8 8 j
WT'ALST= s 20AW,000
PAID IN SURPWII $179,824,605
OTHIERS URPWS 3.985 04
TOTAL SURPLUS TO POLICYHOLDERS s x:197.928
TOTAL LIIBRITIES 3 SURPLUS agamm
STATE OF CONNECTICUT
COUNTY OF f tAIM-ORO ) $S•
aTY OF HARTFORD
MICHAEL J. DOODY, SE*IG DULY SWORN, SAYS THAT14E IS SECOND VICE PRESIDENT; OF TRAVELERS CASUALTY AND SURETY COMPANY,
AND THAT TO THE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOING I$ A TRUE AND CORRECT STATEMENT OF THE
FINANCIAL CONDITION OF SAID COMPANY AS OF THE 31st DAY OF DECSIM, 2009.
ftf,; 04
SECOND VICE PRESIDENT
1NTAtr
SUBSCWSED AND SWORN TO BEFORE ME THIS 149TAKY PVW.JC - MY I I 12
190 DAY' OF APRIL, 2010