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" a ~ 1; " it'" II ,:, " ~ ~ .So ~ .~ g = ~ :: E ... 8 ~ ~ ~ ~ ~ l .2 .~ ..s ~ " -:; ~ ~ ... .. ~ Q " ~ ~ S "S .~ ~ RELIANCE INSURANCE COMPANY PHILADELPHIA, PENNSYLVANIA FINANCIAL STATEMENT DECEMBER 31,1994 ASSETS Cash and Bank Deposits .......................,....,............,..,..,...........................,......................,..,...... $ (5.251.192) Securities .,.."......".,......,.............."...,.,.,........,.,....,..,.,.."....,.......,...,..........................,.,............. 3,357.296.003 Premium Balances (Under 90 days) ..,......,..,..............,.........................................................,...., 17,100.438 Accrued Interest and Dividends .........................................................,.................,................,.... 41.267,007 Federal Income Taxes ...,..,............,.....,.., .,..,............,........,.....,... ...............................,.............., 38.440,100 Other Assets,.",..........,........................,.........,.,.,..."..,.,...,.....,..........,..............,.....,.........,.......... 1 .448 .282.802 Total Admitted Assets .,... ,..........,..............,................................,...... ...... ................,............ $ '!,~~Z.J3_5.! 5"q LIABILITIES Losses and Loss Adjustment Expense ...................................................,................................... $ 2,380.060.1BO Unearned Premiums ........,....................................,........................................................ ............ 713.778.B93 Other Taxes ........... ...............,........,.,.......................................................,..................... .....,....... 4,544.4 95 Other Liabilities............................... .................................................. ..,..... ...... .... ..,..................... 880.405.493 Total Liabilities ......................................................................,...........................,.................. $ 3.9I8J 7!!9.0.61 CAPITAL AND SURPL\J..S Capital Paid Up .........,......................................,...............................:.....,................................... $ Surplus ........................................................,...................................... ...... ...., .................. ........... Total Policyholders' Surplus..... .................................,. ....... ................................. ................. 45.527.428 872.818.669 918,346.097 Total Liabilities, Capital and Surplus ..........,.........................................,.......................,.......$ ~.897.1~5.J.Q!! State of Washington County of King SS. Lawrence W. Carlstrom. being duly sworn. says: That he 15 Vice President of the RELIANCE INSURANCE COMPANY; that said company Is a corporation duly organized. existing, and engaged In business as a surety by virtue of the laws of the Commonwealth of Pennsylvania. and has duly complied with all the requirements of the laws of said commonweallh applicable 10 said company and Is duly qualified to act as surety under such laws; that said company has also complied with and Is duly qualified to act as surety under the Act of Congress of September 13. 1982, as amended (31 U.S.C. ~9301 et. seq.); that the foregoing Is a fuli. true and correct statement of the financial condition of said company on Ihe 31s1 day of December. 1994. Sworn to before me this I j" day of March. 1995. ~\A.-1 C) (!'LI''}aj!..~...~ ~A~~ ~ Vlco Prosldont Janis J. Crossland, Notary Public. Slato 01 Washinglon, County 01 King. 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