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94-02113
'" J \) ] i J j <Y) ........ ........ co I ~ ,,," 0( z 0( ~ >- III Z Z l&l ll. ... o :J: ~ ~ :t z o :l! :l! o u .. T .. i . . " ~ I I I I I : i i .:ti Clli Clli .....: I- Z W ~ I- 0:: <( ll. I.1J o W U Z <( 0:: :> en z - o ~ ~ a .. '5 ... !l ~ g ,g ,~r ::. ~ ,,0 '" 2" ~ _!l ~ ~ .3 .~ ~ oS ~ "S' "S' Is '5:2 l t; C"') ... 'tt 0 '; l! :2: 'tl go ~~ij~ ~ : ~ 'i .: ~9ra,=.~ '5g:E:O~ .....o.lt . 0 ... "D OJ "tS .~ ~6'"'~:O "0 0 = . ::l E! ~ '" .~ ::: !l " Is ;: ch ,.., ~~~1,~ .....= =.~ " .. i! 1 ~ i ~ it;.ij.8- '" a. .,;: 'aa:;O . ::=a 0 .. ..0 ~ U S t i ~ ~ j -.: ij ~ "S'" .. ~ ...1'008. .(r.:'C QI ""'! l:l .a -= "d "'3 = ~ 5 ~ ~ " " g a .. "S' '" '" " a .. IE o " .. '" ~ . I! L~~ I :l oS 1 "S' ! ... '5 IE " ,_ a ~ !l Oi"" 11 l! ~ ;:: e .... '" ~ "S' ~ '- :l .. ~ 1l '~ .~ E ~ oS ':: ... .. 6- o ... ~ '1:S ~ Q,I 6 ~ oS ~ ~ :5 .::: '1:S S ].!!! :l ,9 .E - ...:l & ~ l .~ :1 :I a . Q,I ..: C\; tl 2'::: -.: " ci :I .. C, ......- ll. ..: Z 0 .....0 11(. :h ~ ... a > = .::: ~ !::I i ti ~ "S' .. ~i '8 i .. :>0 .~ ~! ~ ~ i ~ a ! '" " " t::: " ' Vll f1J ~ ...., : .51-11 tI3~:E~~~"'~.'. E-i a--:::-'" <l . '1:S --0 _ C')tn; !-oi III - .~" Ill' Ill' '" 6 :>0 8 .0 ~i C'.; o. t :0 ... ~<: e _ " '" ,,:E' tlJi..... "" Q; ~... !-oi 01.>, ] tl " :>0' Hi f"""'4 u'::;::' a= :E1. Z; III .:1_ ::I.; "'" Q' t.i ~<: ... '" - 1-<' O"'t: 9 8:t:: :>0 ~ 'l _!-o' g...o-l"nZ' "... =)0' '1:S ... cu II) U: Q.I 0" .;: .s s... '" t ~ 'E i ~ 6 ~ ~ ....-e 0 _ ; Co! !i ~ € ~ e -:: ~ tS ~ C; ..t!g.:l6_~ J:: Cl:; =:11 e ~6 _ .!l ..' " _~ '5 .~ .~ ; .s & ~ a ....! ,",' 'r< ,"' Co <' ~. 0. :E o U ~. ~ :\! ::I t:l' . ~ e.r. - - .c '" '.. t: ~ .. :0 8 ...: :.:: c; '" .. g.~ .. .. .. ~ !l: " Ii!; ';t' .2 ,,,i 't ,..( .. III <I:l 'tl ... ,,-4 'C ELl ; III " III ;:: +l ..g III S ~ " III ... , a 'tl ,5 OJ . 01.> :>0 ,,-4 ~c: t: ::I .. ' " :>0 .. ..0 '5 .. o l! l .~ ... .. :>oil 101 .. :ll~ ~.... " .. e 2 t :>0 ...'" " ~ a a :>0 ....g ... oS it t " ~~ ~~ " :>0 ~~ ~~ " . ~ !; :; At e " l! i ~ ... ~ \~ i ~\J .~ .s ~ .. .. o " .!!! f '" .. 1.1 .t: ,," o .. '5 l! = a a " :>o~ :; 0 '" .. ,~ '5 United States Fidelity and Guaranty Company (Commenced bual",u August ,. ISgS) HOME OFFICE: BALTIMORE, MD FINANCIAL STATEMENT DECEMBER 31,1993 (STATUTORY BASIS) ASSETS Cash ...,........................................,............ . .. .. . .. . . .. . .. , .. . .. , .. . Invested Assets: Bonds". ,., ,.,. .". .", .., . . " . ., ",. ,. ...., " ... . . , , ". . ., . ., . ,. Preferred Stocks .. .. . .. .. . .. . . .. . .. . .. . .. .. .. , .. .. . . .. .. .. . .. , . .. , .. Common Stocks. .. . .,..., ... ,., . ." .., . . ."" .,. . . . ... , ." . .. '" . .. Mortgage Loans.. .. . .. .. . .. , . .. . .. .. , .. . .. .. . .. , . . .. , . .. , . .. , .. . ... Real Estate, .. . . . . .. . .. . . .. .. . , . .. . .. . . , . .. .. . .. .. , .. . . .. . .. , . .. . .. Short-tenn Investments.. .. . .. . .. . . .. . . . . , . . . .. . .. , . .. .. , .. . . , . . . .. . .. Other Invested Assets. . . , . , , , . , , . . , . . . . , . , . , , , , , . , . , , . . . , . . . . . . . . , . . . 55,644,517,105 25,028,825 598,780,767 242,041,629 79,971,151 116,091,846 498,875,663 Net Premiums in Course of Collection · , . , , . . . . , . . . , . . , . , , . . , , , , . , , , , . . . . , . , . . . . . . . , . . , . . . , . , Accrued Interest and Dividends. . .. .. .. . .. . .. .. .. . .. . . .. . . .. , . . .. . .. . .., . .. . .. . .. , .. , . .. .. . . Other Admitted Assets.. .. . .. .. .. . .. .. .. . . .. .. .. .. . .. .. .. .. .. .. . . .. .. . .. . . .. .. . . ... . .. .. . , Total Assets. . , , , , . . . . . . . . , . , . , , . . . . , . . . . . , . , , , , . , . . , , , . . , . . , . . . . . . . . , , . . . . . . . . . . . . . , , LIABILITIES AND POLICYHOLDERS' SURPLUS Reserves: Losses and Loss Adjustment Expenses. .. . .. . , . ..,..., ... . .. . ... '" ... ". Premium Taxes and Operating Expenses. .., . , .,." .. .... .. .. ... ... ... ... Federal and Foreign Income Taxes. , . , . . . . . . . . . . , , . . . . . . . . . . , . . . . . . . . . . . Unearned Premiums. . . . . . . , . . . . . , . . . . . . , . . . . . . , . . . . . . . . . . . , . . , . . . . . . $4,956,748,993 167,586,995 6,786,549 864,251,156 Funds Held Under Reinsurance Treaties.. . .. . .. . . . . . . .. , .. .. .. . . .. . .. . .. . .. . .. . .. , .. . .. . .. , .. Other liabilities. ,. . . . ... . ,. ...... . .. ,. . . . . .. . .. .. .. .,.. .. . . .. . .. . .. . .. . ... ... ... ... . ,. . . Total Liabilities. . . . . , . . . . . . . . . . . . . . . . . . , , . . . . , . . . , . . . . . . . , . . . . . . . . . . . . , , . . . . . . , , . . . . . . Capital Stock - $2.50 par value.. .. . .. . . .. . .. . .. .. .. . .. .. . . . . , .. . .. . .. .. . . .. .. . .. . . .. . .. . .. . . Surplus. . . . . . . . . . . . . . . . , .. . . . . . . , . , . . . . . , . . . . . . . . . , . . . . . . , . . . , . . .. . .. , . . . . . . . , , . . . . . . , . Surplus Appropriated for Net Unrealized Capital Gains and (Losses) . . . . . . . , . . . . . . . , . . . . . . , , . . . . . . , . , . . . . . . . , , . . . , . , . . . . , , , . , . , . . Total Policyholders' Surplus. . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . , . , . . . , . . . . . . . . . . . . , , , Total Liabilities and Policyholders' Surplus, . . . . . . . . . . . . . . . . , . , . . . . . . . . . . . , , . . . . . . . . . . . . . . . . 1metIm",. vaJua u pmcribed by the Nlliooal Assoeiuioa of In........ Commluloacn. Cash and Securities In the amOWlt of $779 J31.6'1 in the statement are dcposiled u required by law. .Exdudes Premiums Receivable over 90 days old. Chy of BaJtimOR. SIatc of MarylIOd ~ }Y;l.l;~-~,-{I Assistant Vice Prhldenl u. 523,608,379 7,205,306,986 584,492,468 88,308,153 198,192,215 58.099.908,201 55,995,373,693 494,528,204 69,152,957 56,559,054,854 570,579,288 1,641,575,716 (171,301,657) 51,540,853,347 58.099,908.201 On February 22, 1994 bel... m.. the oubtcribu. . Nocary ""bile I. and for theCilyand S.... afamaid. pcnonaIly Ippeatod Thomas A, Bradley and Mary Lura Duvall , Vice.PresidClIl.coa..II.UM Assistan. Vice Pmldalt. ~"Iy. of the UNITED STA ns FIDELITY AND CiUARANTY COMPANY, who. bei.. by... ......lIy dul" SWotII, did d.p.....d say IIw they lie such Officers oflbe said company. lad that the above and rORlGin, is . full. true IIId comc:t statement o(tht.Aqcu and Liabilities or the said company, as they appwed upon Ibebooborth.uidcomponyoathe3h.dlyofDecembuA.D.I99). ..... ~h~!.. .C::;~:VJ.=.<<:<~.................... ;/ /j Notary ""bUe ~: ;' eon... 29 (12.9)) M, Commiul... E,piJa Septembu 29.1997 , . 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