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HomeMy WebLinkAbout05-2654 '. ~ .., COMMONWEAL TH OF PENNSYL VANIA INSURANCE DEPARTMENT YU 0 ~. JI'. ';"V C:.u."".;J r;~ Harrisburg, P A April 1, 2005 Whereas, the CONTINENTAL INSURANCE COMPANY, located at Concord, N.H., has Illed 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 l7'h 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 hercin. Now Therefore, I, l\<l. Diane Koken, 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, of Concord, N.H., is duly authorized 10 bccome and be accepted as sole surety on all bonds, undertakings and obligations requircd or permitted by lav.; or the ordinanccs, rules or regulations of any municipality, board, body, organization, or public officer. In Witness \Vhereof, I have hereunto set my hand and affixed my ortlcial scal, the day and year tlrst above written. ~:~~ Insurance Commissioner .. . CNA THE CONTINENTAL INSURANCE COMPANY STATEMENT OF ASSETS AND LIABILITIES December 31,2004 ASSETS: Cash Short-term investments (principally U.s. Government ObliRations) United States Government obliRations Other public bonds Industrial and miscellaneous bonds Preferred stocks Common stocks of affiliated companies Other common stocks Real Estate Premiums and aRents' balances in course of collection Premiums, aRents balances and installments booked but deferred and not yet due Accrued retrospective premiums Accrued interest dividends and rents Other Assets Admitted Assets LIABILITIES: Unearned premium reserve Reserve for loss and loss adjustment expense Reserve for taxes, licenses and fees (includinR federal income taxes) Other Liabilities Total Liabilities SURPLUS: Capital paid up ($5.00 par value) Shares authorized: 10,713,272 Surplus issued: 10,713,272 Surplus as ReRards Policyholders Total Failure of items to add to totals shown is due to roundinR. State of Illinois ) ) ss County of Cook) On this 22th day of April, 2005, before me came Amy Adams and Jerry Sliwa, known to me personally to be the Vice President and the Assistant Vice President, respectively, of the Continental Insurance Company beinR fully sworn, certify and attest that the foreRoinR statement is a true and correct statement of the assets and liabilities of the said company as of the date sh wn in the tatement. $ 39,305,654 112,204,862 81,563,528 1,734,301,303 236,809,514 o 1,055,703,593 44,395,457 43,739,769 110,954,435 21,491,454 o 21,373,200 394,755,974 3,896,598,743 $ $ o 76,071,084 28,883,035 2,105,876,659 2,210,830,778 $ $ 1,917,003,354 (231,235,390) 1,685,767,965 3,896,598,743 $ CQ:; Vi Notary PubliC t OFFICIAL SEAL : LISA R WOOD NOTARY PUBLIC. STATE OF ILLINOIS MY COMMISSION EXPIRES:06lO9/07 r ~ ~ ( I..> .. 0<") ~ ... 1-..> '"", '" '" ..., ", '" c cr, \: ...::. \':> ~ :, ~ ,...., ,...., .- C::} n '-,.::7 <:;...n -i-\ .... .. --T- I""~) 0 f'....'i en .~_J 1-..) .....:,: