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HomeMy WebLinkAbout13-2809 COMMONWEALTH OF PENNSYLVANIA '—"m � ° tiwFq�, NOFO E , •Nb , INSURANCE DEPARTMENT ► �.,ti Harrisburg, PA A WWI 3 Whereas, the ZURICH AMERICAN INSURANCE COMPANY, located at New York, New York, 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, 1, Robert L. Pratter, Acting 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. 37' of the Laws of 1923, that the Zurich American Insurance Company, of New York, New York, 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. Acting Insurance Commissioner 1B.00 Pp PLFF �� 34oi �i4 s �t�8 �, dgo76a. A � F'IDELIT'Y AND DEPOSIT COMPANY OF MARYLAND 600 Red Brook Blvd., Suite 600, Owings Mills, MD 21117 Statement of Financial Condition As Of December 31, 2012 ASSETS Bonds ................................................................................................................ ............................... $ 157,177,826 Stocks ................................................................................................................ ............................... 23,000,311 Cash and Short Term Investments ..................................................................... ............................... 1.19,155 Reinsurance Recoverable .................................................................................. ............................... 17,923,564 Other Accounts Receivable ............................................................................... ............................... 35,473,2 TOTAL ADMITTED ASSETS ......................................................................... ............................... $ 233 ,694,1 13 LIABILITIES, SURPLUS AND OTHER FUNDS Reserve for Taxes and Expenses ....................................................................... ............................... $ 74,782 Ceded Reinsurance Premiums Payable ............................................................. ............................... 48,323,524 Securities Lending Collateral Liability ............................................................. ............................... 1,716,240 TOTAL LIABILITIES ..................................................................................... ............................... $ 50,114 C apital Stock, Paid Up ......................................................... ............................... $ 5,000,000 Surplus................................................................................. ............................... 178,5 Surplus regards Policyholders ....................................................................... ............................... 183,579,567 TOTAL........................................................................................................ ............................... $ 233,69 Securities carried at $59,468,002 in the above statement are deposited as required by law. Securities carried on the basis prescribed by the National Association of Insurance Commissioners. On the basis of December 31, 2012 market quotations for all bonds and stocks owned, the Company's total admitted assets would be $243,518,971 and surplus as regards policyholders $193,404,425. I, DENNIS F. KERRIGAN Corporate Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby certify that the foregoing statement is a correct exhibit of the assets and liabilities of the said Company on the 31st day of December, 2012. Co pora Secretary State of Illinois City of Schaumburg SS: Subscribed and swom to, before me, a Notary Public of the State of Illinois, in the City of Schaumburg, this 15th day of March, 2013. Notary Public OFFI =May3, DAR RYL Notary Publi My Commission