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a COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2012
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 17`"
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 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 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.
J??L?cQ
Insurance Commissioner
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CONTINENTAL CASUALTY COMPANY
Chicago, Illinois
Statement of Net Admitted Assets and Liabilities
December 31, 2011
ASSETS
Bonds S 28,997,599,865
Stocks 4,083,233,851
Mortgage loans on real estate - first liens 200,102,843
Real estate - properties occupied by the company 121,834,545
Cash and short-term investments 718,178,336
Other invested assets 2,390,781,025
Receivables for securities 105,115,430
Investment income due and accrued 322,252,103
Uncollected premiums and agents' balances 584,538,110
Deferred premiums, agents' balances and installments booked but deferred and not yet due 748,155,392
Funds held by or deposited with reinsured companies 1,113,758,646
Net deferred tax asset 920,793,687
Other assets 254,604,233
Total Assets $ 401560,948,066
LIABILITIES AND SURPLUS
Losses $ 16,552,435,179
Loss adjustment expense 2,240,135,195
Other expense 1,129,984,779
Taxes, licenses and fees 144,987,922
Unearned premiums 10,338,421,323
Ceded reinsurance premiums payable (net of ceding commissions) 284,480,946
Retroactive reinsurance reserve ceded (535,108,448)
Other liabilities 518,030,722
Total Liabilities 30,673,367,618
Surplus Account:
Capital paid up 35,632,565
Surplus notes 250,000,000
Gross paid in and contributed surplus 5,657,112,191
Special Surplus 458,102,794
Unassigned funds 3,486,732,898
Surplus as regards policyholders S 9,887,580,448
Total Liabilities and Capital S 40,560,948,066
1, Amy M. Smith, Assistant Vice President of Continental Casualty Company hereby certify that the above is an accurate
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 Continental Casualty Company as of that date.
Continental Casualty Company
By, - Q4"/
Assistant tx President
Subscribed and sworn to me this 12th day of March 2012.
My commission expires: V&4,)(•J?YM ? ^ n . •
Notary Public
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• "OFFICIAL SEAL"
KATHLEEN M. SCHROEDER o
Notary Public, Stine of Ithnm o
• Mar 0wri Wion Expires 08116/16 ;