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THE CONTINENTAL INSURANCE COMPANY
Radnor, Pennsylvania
Statement of Net Admitted Assets and Liabilities
December 31, 2013
ASSETS
Bonds $ 1,684,328,034
Stocks 158,773,278
Cash and short-term investments 187,796,353
Amounts recoverable from reinsurers 193,598,356
Net deferred tax asset 73,21 1,237
Other assets 47.825,939
Tom Assets S 2.345 533,
L LABILMMS AND SURPLUS
Losses $ 908,894,332
Loss adjustment expense 34,732,682
Unearned premiums
Ceded reinsurance premiums payable (net of ceding commissions) 26,174,058
Funds held by company under reinsurance treaties 719,991,228
Provision for reinsurance 76,000,000
Other liabilities (787.119.094)
Total Liabilities 978.673.206
Surphrs Account:
Capital paid up 53,566,360
Gross paid in and contributed surplus 1,423,436,994
Special Surplus 105,639,025
Unassigned funds (215.782.388)
Surplus as regards policyholders 1.366.859.991
Total Liabilities and Capital $ 2.345.533.197
1, OJ B. Magana, Assistant Vice President of The Continental Insurance Company hereby certify that the above is an accurate
representation of the financial statement of the Company dated December 31, 2013, 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 It race Company
BY
Assistant Vice PrAi
Subscribed and sworn to me this 12th day of March , 2014. AQ
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COMMONWEALTH OF PENNSYLVANIA
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oE, (,„Uf PE NAy+ INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2014
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 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.
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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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