HomeMy WebLinkAbout06-3606
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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, P A ADril!. 2006
Whereas, the CONTINENTAL INSURANCE COMPANY, located at Columbia, South Carolina, 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 17tb 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, M. Diane Koken. Insuranc:e 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 Columbia, South Carolina, 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.
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. Insurance Commissioner
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CNA
THE CONTINENTAL INSURANCE COMPANY
STATEMENT Of ASSETS AND LIABILITIES
December 31,2005
ASSETS:
CaJb
Sbort.term investments (prindpally U.s. Government Obligations)
United States Government obligations
Other public bonds
Industrial and miscellaneous bonds
Preferred stocks
Common stocks of affiliated companies
Other common stocks
Real Estate
Premiums and agents' balances in course of coJlection
Premiums, ager'lts balances and instalfments booked but
deferred and not yet due
Accrued retrospective premiums
Accrued interest dividends and rents
Other Assets
Admitted Assets
LIABIUTIE5:
Unearned premium reserve
Reserve for loss and loss adjustment expense
Reserve for taxes, licenses and fees (induding federal income taxes)
Other Liabilities
Total liabilities
SURPLUS:
Capital paid up ($5.00 par value)
Shares authorized: 50,000,000
Surplus
issued:
10,713,272
Surplus as Regards Policyholders
Total
Failure of items to add to totals shown is due to rounding.
$ 10.307,067
616,319,785
64,237,687
1,172,821,281
205,732,923
o
1,090,976,888
54,236,638
(925,994)
139,168,227
19,758,983
o
14,847,531
642,383,001
$ 4,029,864,(}17
$ 0
66,332,125
20,734,748
2,166,383,905
$ 2,253,450,778
$ 1.917,003,354
(140,590,115)
1,776,413,239
$ 4,029,864,017
State of Illinois )
)55
County of Coole)
On this 29th day of March, 2006, before me came Amy Adams and Jerry F. Sliwa, known
to me personally to be the Vice President and the Assistant Vice President respectively, of the
Continental Insurance Company being fully sworn, certify.and attest that the foregoing
statement is a true and correct statement of the assets and liabilities of the said company as of the date
sh in the statement.
_~p..v.... f ~.""-
Jerry F. iwa, ~t Vice Presi ent
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OFFICIAL SEAl.
USA R WOOD
NOTARY PU8UC. STATE OF WNOIS
MY COM.l.tSSlON ElCPIRfS:OMl9lll7
Notary Pu it
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