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COMMONWEALTH OF PENNSYLVANIA
, INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2012
Whereas, the CONTINENTAL INSURANCE COMPANY (THE), located at Radnor, 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 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, Michael Consedine, 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 Insurance Company (The), of Radnor,
Pennsylvania, 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.
Insurance Commissioner
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THE CONTINENTAL INSURANCE COMPANY
Reading, Pennsylvania
Statement of Net Admitted Assets and Liabilities
December 31, 2011
Bonds S 1,914,450,236
Stocks 128,579,415
Cash and short-term investments 281,772,666
Uncollected premiums and agents' balances 47,328,139
Amounts recoverable from reinamers $9,521,290
Funds hold by or deposited with reinsured companies 2,322,597
Net deferred tax and 62,471,294
Invesimamt income due and accrued 24,026,248
Deferred premiums, ago& baimea-ad nistgUmmts booked but deferred and not yet due 51,427,104
Receivables from paint, anbaidiaries and affiliates 79,150,626
ties and deposo in pools and aeociatioms 11,768,304
Other assets 5,708,003
Total Assets
I iARR ITIFS AND SURPLUS S 2,668,525,922
Losses S 831,227,339
Loss adjustinent expanse 34,704,129
Contingent and other commissions payable 17,688,148
other expense 9,660,913
Taxes, licenses and fees 47,868,986
Ceded minsuam a premiums payable (net of ceding commissions) 16,418,087
Funds hold by company under reinsuamrx treatiea 1,192,373,600
Retroactive, =in== reserve ceded (831,823,966)
Other liabilities 109,768,318
Total Liabilities 1,427,885,554
Surplus Account:
Capital paid up 53,566,360
orose paid in and contnV,*d swplm 1,423,436,994
Special Surplus 55,315,536
Unassigned iirmds (291,678,522)
Surplus as regards policyholders $ 1,240,640,368
Total Liabilities and Capital $ 2,668,525,922
I, Amy M. Smith, Assistant Vice President of The Continental Insurance Company hereby certify that the above is an
actuate representation of the financial statement of the Company dated December 31, 2011, as filed with the various
Insurance Departments and is a true and correct statement of the condition of The Continental Insurance Company as of that
date.
The Continental Insurance Company
By
Assistant V resident
Subscribed and swam to me this _j2% _day of March 2012.
My
Notary Public ?????????????O?o????oo?????e
"OFFICIAL SEAL"
# KATHLEEN M. SCHROEDER *
Notary Public, State of Illinois
MY Comma 1111W Expi= 08116115 ;
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