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COMMONWEALTH OF PENNSYLVANIA
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"'`?•«,?.'` INSURANCE DEPARTMENT
Harrisburg, PA
Whereas, the TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA,
Hartford, CT, has filed in this Department a certified copy of its charter and a detailed statement of its
and Liabilities, and otherwise complied with the requirements of Section 661 of the Act of Assembly
Commonwealth of Pennsylvania, entitled "An act relating to insurance; amending, revising and conso
the Law &c.," approved the 17`h day of May, A.D. 1921, as well as with the requirements of the laws
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
and known as act No. 373 of the Laws of 1923, that the Travelers Casualty and Surety Company
America, of Hartford, CT, is duly authorized to become and be accepted as sole surety on all ? gnd,4
undertakings and obligations required or permitted by law or the ordinances, rules or regul o
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_PD municipality, board, body, organization, or public officer. cn
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In Witness Whereof, I have hereunto set my hand
affixed my official seal, the day and year first above
Insurance Commissioner
at
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this
, 1923
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TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA
HARTFORD, CONNECTICUT 06183
FINANCIAL STATEMENT AS OF DECEMBER 31, 2011
CAPITAL STOCK $ 6,480,000
CASH AND INVESTED CASH 3 103,657,622 UNEARNED PREMIUMS 813,328,906
BONDS 3,525,992,354 LOSSES 937,681,730
INVESTMENT INCOME DUE AND ACCRUED 49,234,241 REINSURANCE PAYABLE ON PAID LOSSES & LOSS ADJ. EXPENSE 2,604,752
OTHER INVESTED ASSETS 249,171,807 LOSS ADJUSTMENT EXPENSES 626,055,953
PREMIUM BALANCES 239,276,662 COMMISSIONS 30,858,691
NET DEFERRED TAX ASSET 67,832,057 TAXES, LICENSES AND FEES 80,276,105
REINSURANCE RECOVERABLE 10,983,463 OTHER EXPENSES 29,866,613
SECURITIES LENDING REINVESTED COLLATERAL ASSETS 7,344,088 FUNDS HELD UNDER REINSURANCE TREATIES 95,031,416
UNDISTRIBUTED PAYMENTS 2,593,967 CURRENT FEDERAL AND FOREIGN INCOME TAXES 49,086,527
OTHER ASSETS 361,289 REMITTANCES AND ITEMS NOT ALLOCATED 18,641,351
AMOUNTS WITHHELD I RETAINED BY COMPANY FOR OTHERS 31,860,277
RETROACTIVE REINSURANCE RESERVE ASSUMED 3,162,706
POLICYHOLDER DIVIDENDS 8,117,549
PROVISION FOR REINSURANCE 6,397,371
PAYABLE TO PARENT, SUBSIDIARIES AND AFFILIATES 53,766,609
PAYABLE FOR SECURITIES 1,249,903
PAYABLE FOR SECURITIES LENDING 7,344,068
CEDED REINSURANCE NET PREMIUMS PAYABLE (71,042,044)
ESCHEAT LIABILITY 591,943
OTHER ACCRUED EXPENSES AND LIABILITIES 501.836
TOTAL LIABILITIES $ 2.604,37Z282
CAPITAL STOCK I $ 6,480,000
PAID IN SURPLUS 433,803,760
OTHER SURPLUS 1.211.791.506
TOTAL SURPLUS TO POLICYHOLDERS $ 1.652.075.268
TOTAL ASSETS $ 4.256.447.550 TOTAL LIABILITIES & SURPLUS
STATE OF CONNECTICUT )
COUNTY OF HARTFORD )SS'
CITY OF HARTFORD )
MICHAEL J. DOODY, BEING DULY SWORN, SAYS THAT HE IS SECOND VICE PRESIDENT, OF TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA,
AND THAT TO THE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOING IS A TRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION OF SAID
COMPANY AS OF THE 31ST DAY OF DECEMBER, 2011.
SUBSCRIBED AND SWORN TO BEFORE ME THIS
13TH DAY OF APRIL, 2012
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SUSAN M. WEISSLEDER
ATolary Public
Afy Commission Expires November 30, 2012