chubb combined annual statemen 5113

PROPERTYANDCASUALTYCOMPANIES-ASSOCIATIONEDITION

COMBINED ANNUAL STATEMENTFORTHEYEARENDEDDECEMBER31,2005

OFTHECONDITIONANDAFFAIRSOFTHE

COMBINED FEDERAL INSURANCE COMPANYNAICGroupCode NAICCombinedCompanyCode

MailAddress

StatementContact

This annual statement contains combined data for the Property/Casualty insurance companies listed below, compiled in accordance with the NAIC instructions for thecompletion of annual statements.

AFFILIATEDPROPERTY/CASUALTYINSURERS:

AFFILIATEDINSURER NAIC# STATE

FEDERALINSURANCECOMPANY 20281 IndianaVIGILANTINSURANCECOMPANY 20397 NewYorkGREATNORTHERNINSURANCECOMPANY 20303 MinnesotaPACIFICINDEMNITYCOMPANY 20346 WisconsinCHUBBCUSTOMINSURANCECOMPANY 38989 DelawareCHUBBNATIONALINSURANCECOMPANY 10052 IndianaCHUBBINDEMNITYINSURANCECOMPANY 12777 NewYorkNORTHWESTERNPACIFICINDEMNITYCOMPANY 20338 OregonTEXASPACIFICINDEMNITYCOMPANY 20389 TexasCHUBBINSURANCECOMPANYOFNEWJERSEY 41386 NewJerseyCHUBBLLOYDSINSURANCECOMPANYOFTEXAS 27774 TexasEXECUTIVERISKINDEMNITYINC. 35181 DelawareEXECUTIVERISKSPECIALTYINSURANCECOMPANY 44792 ConnecticutQUADRANTINDEMNITYCOMPANY 10829 Connecticut

a.Isthisanoriginalfiling? Yes()No()

b.Ifno:1.Statetheamendmentnumber

2.Datefiled

3.Numberofpagesattached

0038 0038 00388

(CurrentPeriod) (PriorPeriod)

15MountainViewRd,P.O.Box1615,Warren,NewJersey07061-1615

(StreetandNumber,CityorTown,StateandZipCode)

RonaldCalavano 908-903-2525

(Name) (AreaCode)(TelephoneNumber)(Extension)

[email protected] 908-903-3805

(E-MailAddress) (FaxNumber)

ANNUALSTATEMENTFORTHEYEAR2005OFTHECOMBINEDFEDERALINSURANCECOMPANY

ASSETSCurrentYear PriorYear

1 2 3 4NetAdmitted

Nonadmitted Assets(Column1 NetAdmittedAssets Assets minusColumn2) Assets

1. Bonds(ScheduleD) 22,739,578,046 22,739,578,046 20,653,246,883

2. Stocks(ScheduleD):

2.1 Preferredstocks 102,191,135 102,191,135 104,492,143

2.2 Commonstocks 4,184,602,231 72,486,547 4,112,115,684 3,585,339,097

3. Mortgageloansonrealestate(ScheduleB):

3.1 Firstliens

3.2 Otherthanfirstliens

4. Realestate(ScheduleA):

4.1 Propertiesoccupiedbythecompany(less$encumbrances) 166,320,190 166,320,190 170,019,648

4.2 Propertiesheldfortheproductionofincome(less$encumbrances)

4.3 Propertiesheldforsale(less$encumbrances)

5. Cash($(177,038,218),ScheduleE-Part1),cashequivalents($619,925,146,ScheduleE-Part2)andshort-terminvestments($12,655,080,ScheduleDA) 455,542,008 455,542,008 558,624,097

6. Contractloans(including$premiumnotes)

7. Otherinvestedassets(ScheduleBA) 968,675,617 10,810,643 957,864,974 777,016,147

8. Receivablesforsecurities 22,541,275 22,541,275 18,703

9. Aggregatewrite-insforinvestedassets

10. Subtotals,cashandinvestedassets(Line1throughLine9) 28,639,450,502 83,297,190 28,556,153,312 25,848,756,718

11. Titleplantsless$chargedoff(forTitleinsurersonly)

12. Investmentincomedueandaccrued 292,672,270 292,672,270 259,564,100

13. Premiumsandconsiderations:

13.1 Uncollectedpremiumsandagents'balancesinthecourseofcollection 1,054,949,026 75,949,541 978,999,485 987,530,853

13.2 Deferredpremiums,agents'balancesandinstallmentsbookedbutdeferredandnotyetdue(including$22,050,000earnedbutunbilledpremiums) 907,677,655 2,205,000 905,472,655 896,270,942

13.3 Accruedretrospectivepremiums

14. Reinsurance:

14.1 Amountsrecoverablefromreinsurers 359,626,003 359,626,003 304,520,671

14.2 Fundsheldbyordepositedwithreinsuredcompanies 57,923,989 57,923,989 112,751,284

14.3 Otheramountsreceivableunderreinsurancecontracts

15. Amountsreceivablerelatingtouninsuredplans

16.1 Currentfederalandforeignincometaxrecoverableandinterestthereon

16.2 Netdeferredtaxasset 886,133,351 256,119,846 630,013,505 655,712,502

17. Guarantyfundsreceivableorondeposit

18. Electronicdataprocessingequipmentandsoftware 21,702,405 1,060,018 20,642,387 29,122,292

19. Furnitureandequipment,includinghealthcaredeliveryassets($) 40,223,319 40,223,319

20. Netadjustmentinassetsandliabilitiesduetoforeignexchangerates

21. Receivablesfromparent,subsidiariesandaffiliates 26,002,022 1,072,154 24,929,868 33,023,140

22. Healthcare($)andotheramountsreceivable

23. Aggregatewrite-insforotherthaninvestedassets 610,750,552 465,355,975 145,394,577 123,000,114

24. TotalassetsexcludingSeparateAccounts,SegregatedAccountsandProtectedCellAccounts(Line10toLine23) 32,897,111,094 925,283,043 31,971,828,051 29,250,252,616

25. FromSeparateAccounts,SegregatedAccountsandProtectedCellAccounts

26. TOTALS(Line24andLine25) 32,897,111,094 925,283,043 31,971,828,051 29,250,252,616

DETAILSOFWRITE-INS0901.0902.0903.0998.Summaryofremainingwrite-insforLine9fromoverflowpage0999.Totals(Line0901throughLine0903plusLine0998)(Line9above)

2301.EQUITIESANDDEPOSITSINPOOLSANDASSOCIATIONS 90,351,577 1,435,004 88,916,573 72,308,7082302.AMOUNTSRECEIVABLEUNDERHIGHDEDUCTIBLEPOLICIES 28,292,880 36,606 28,256,274 30,132,9122303.STATESURCHARGESRECEIVABLE 20,804,946 20,804,946 14,204,4882398.Summaryofremainingwrite-insforLine23fromoverflowpage 471,301,149 463,884,365 7,416,784 6,354,0062399.Totals(Line2301throughLine2303plusLine2398)(Line23above) 610,750,552 465,355,975 145,394,577 123,000,114

2


LIABILITIES, SURPLUS AND OTHER FUNDS1 2

CurrentYear PriorYear

1. Losses(Part2A,Line34,Column8) 12,469,757,584 11,157,898,922

2. Reinsurancepayableonpaidlossesandlossadjustmentexpenses(ScheduleF,Part1,Columnn6) 23,993,109 21,467,628

3. Lossadjustmentexpenses(Part2A,Line34,Column9) 3,465,161,830 3,098,801,334

4. Commissionspayable,contingentcommissionsandothersimilarcharges 129,511,377 177,910,366

5. Otherexpenses(excludingtaxes,licensesandfees) 348,916,766 311,506,540

6. Taxes,licensesandfees(excludingfederalandforeignincometaxes) 57,058,955 66,567,066

7.1 Currentfederalandforeignincometaxes(including$20,375,305onrealizedcapitalgains(losses)) 188,877,926 70,429,110

7.2 Netdeferredtaxliability

8. Borrowedmoney$andinterestthereon$

9. Unearnedpremiums(Part1A,Line37,Column5)(afterdeductingunearnedpremiumsforcededreinsuranceof$206,728,668andincluding

warrantyreservesof$) 5,205,343,728 5,162,727,522

10. Advancepremium

11. Dividendsdeclaredandunpaid:

11.1Stockholders

11.2Policyholders 91,980,146 84,679,960

12. Cededreinsurancepremiumspayable(netofcedingcommissions) 274,177,611 211,783,402

13. Fundsheldbycompanyunderreinsurancetreaties(ScheduleF,Part3,Column19) 116,395,959 116,853,265

14. Amountswithheldorretainedbycompanyforaccountofothers 9,168,249 17,356,491

15. Remittancesanditemsnotallocated

16. Provisionforreinsurance(ScheduleF,Part7) 352,900,089 239,022,355

17. Netadjustmentsinassetsandliabilitiesduetoforeignexchangerates

18. Draftsoutstanding

19. Payabletoparent,subsidiariesandaffiliates

20. Payableforsecurities 93,680,798 128,059,874

21. Liabilityforamountsheldunderuninsuredaccidentandhealthplans

22. Capitalnotes$andinterestthereon$

23. Aggregatewrite-insforliabilities 311,615,009 620,923,552

24. Totalliabilitiesexcludingprotectedcellliabilities(Line1throughLine23) 23,138,539,136 21,485,987,387

25. Protectedcellliabilities

26. Totalliabilities(Line24andLine25) 23,138,539,136 21,485,987,387

27. Aggregatewrite-insforspecialsurplusfunds

28. Commoncapitalstock 20,980,068 20,980,068

29. Preferredcapitalstock

30. Aggregatewrite-insforotherthanspecialsurplusfunds

31. Surplusnotes

32. Grosspaidinandcontributedsurplus 3,106,790,002 3,106,790,002

33. Unassignedfunds(surplus) 5,705,518,845 4,636,495,159

34. Lesstreasurystock,atcost:

34.1sharescommon(valueincludedinLine28$)

34.2sharespreferred(valueincludedinLine29$)

35. Surplusasregardspolicyholders(Line27toLine33,lessLine34)(Page4,Line39) 8,833,288,915 7,764,265,229

36. Totals(Page2,Line26,Column3) 31,971,828,051 29,250,252,616

DETAILSOFWRITE-INS2301. ACCOUNTSPAYABLESUNDRY 218,022,493 257,522,2672302. DEPOSITLIABILITIES 74,898,775 349,055,3452303. FINANCIALGUARANTYCONTINGENCYRESERVES 11,734,741 9,895,9402398. Summaryofremainingwrite-insforLine23fromoverflowpage 6,959,000 4,450,0002399. Totals(Line2301throughLine2303plusLine2398)(Line23above) 311,615,009 620,923,552

2701.2702.2703.2798. Summaryofremainingwrite-insforLine27fromoverflowpage2799. Totals(Line2701throughLine2703plusLine2798)(Line27above)

3001.3002.3003.3098. Summaryofremainingwrite-insforLine30fromoverflowpage3099. Totals(Line3001throughLine3003plusLine3098)(Line30above)

3


STATEMENT OF INCOME1 2

UNDERWRITINGINCOMECurrentYear PriorYear

1. Premiumsearned(Part1,Line34,Column4) 10,307,168,341 9,910,071,963

DEDUCTIONS

2. Lossesincurred(Part2,Line34,Column7) 5,281,708,965 4,891,063,880

3. Lossexpensesincurred(Part3,Line25,Column1) 1,439,192,001 1,430,617,436

4. Otherunderwritingexpensesincurred(Part3,Line25,Column2) 2,839,887,391 2,954,134,082

5. Aggregatewrite-insforunderwritingdeductions 849,814 2,259,940

6. Totalunderwritingdeductions(Line2throughLine5) 9,561,638,171 9,278,075,338

7. Netincomeofprotectedcells

8. Netunderwritinggain(loss)(Line1minusLine6plusLine7) 745,530,170 631,996,625

INVESTMENTINCOME

9. Netinvestmentincomeearned(ExhibitofNetInvestmentIncome,Line17) 1,138,980,927 940,616,179

10. Netrealizedcapitalgains(losses)lesscapitalgainstaxof$46,117,438(ExhibitofCapitalGains(Losses)) 151,156,389 142,979,632

11. Netinvestmentgain(loss)(Line9plusLine10) 1,290,137,316 1,083,595,811

OTHERINCOME

12. Netgain(loss)fromagents'orpremiumbalanceschargedoff(amountrecovered$10,407,836,amountchargedoff$19,769,783) (9,361,947) (4,513,631)

13. Financeandservicechargesnotincludedinpremiums

14. Aggregatewrite-insformiscellaneousincome 45,949,331 58,625,379

15. Totalotherincome(Line12throughLine14) 36,587,384 54,111,748

16. Netincomebeforedividendstopolicyholders,aftercapitalgainstaxandbeforeallotherfederalandforeignincometaxes(Line8plusLine11plusLine15) 2,072,254,870 1,769,704,184

17. Dividendstopolicyholders 22,911,425 29,308,749

18. Netincome,afterdividendstopolicyholders,aftercapitalgainstaxandbeforeallotherfederalandforeignincometaxes(Line16minusLine17) 2,049,343,445 1,740,395,435

19. Federalandforeignincometaxesincurred 375,848,547 372,528,496

20. Netincome(Line18minusLine19)(toLine22) 1,673,494,898 1,367,866,939

CAPITALANDSURPLUSACCOUNT

21. Surplusasregardspolicyholders,December31prioryear(Page4,Line39,Column2) 7,764,265,229 6,291,541,992

GAINSAND(LOSSES)INSURPLUS22. Netincome(fromLine20) 1,673,494,898 1,367,866,939

23. Nettransfers(to)fromProtectedCellaccounts

24. Changeinnetunrealizedcapitalgainsor(losses)lesscapitalgainstaxof$98,661,901 177,371,498 530,226,251

25. Changeinnetunrealizedforeignexchangecapitalgain(loss) 377,206 691,513

26. Changeinnetdeferredincometax (15,690,413) (212,591,893)

27. Changeinnonadmittedassets(ExhibitofNonadmittedAssets,Line26,Column3) (22,112,968) 163,639,087

28. Changeinprovisionforreinsurance(Page3,Line16,Column2minusColumn1) (113,877,734) 4,730,140

29. Changeinsurplusnotes

30. Surplus(contributedto)withdrawnfromprotectedcells

31. Cumulativeeffectofchangesinaccountingprinciples

32. Capitalchanges:32.1 Paidin32.2 Transferredfromsurplus(StockDividend)32.3 Transferredtosurplus

33. Surplusadjustments:33.1 Paidin33.2 Transferredtocapital(StockDividend)33.3 Transferredfromcapital

34. Netremittancesfromor(to)HomeOffice

35. Dividendstostockholders (628,700,000) (380,000,000)

36. Changeintreasurystock(Page3,Line34.1andLine34.2,Column2minusColumn1)

37. Aggregatewrite-insforgainsandlossesinsurplus (1,838,801) (1,838,800)

38. Changeinsurplusasregardspolicyholdersfortheyear(Line22throughLine37) 1,069,023,686 1,472,723,237

39. Surplusasregardspolicyholders,December31currentyear(Line21plusLine38)(Page3,Line35) 8,833,288,915 7,764,265,229

DETAILSOFWRITE-INS0501.LADPROGRAMEXPENSE 849,814 2,259,9400502.0503.0598.Summaryofremainingwrite-insforLine5fromoverflowpage0599.Totals(Line0501throughLine0503plusLine0598)(Line5above) 849,814 2,259,940

1401.MISCELLANEOUSINCOME 45,949,331 58,625,3791402.1403.1498.Summaryofremainingwrite-insforLine14fromoverflowpage1499.Totals(Line1401throughLine1403plusLine1498)(Line14above) 45,949,331 58,625,379

3701.CHANGEINFINANCIALGUARANTYCONTINGENCYRESERVES (1,838,801) (1,838,800)3702.3703.3798.Summaryofremainingwrite-insforLine37fromoverflowpage3799.Totals(Line3701throughLine3703plusLine3798)(Line37above) (1,838,801) (1,838,800)

4


CASH FLOW1 2

CurrentYear PriorYear

CashfromOperations

1. Premiumscollectednetofreinsurance 10,425,398,992 10,275,051,0372. Netinvestmentincome 1,286,939,995 964,244,7493. Miscellaneousincome (301,067,019) 97,112,851

4. Total(Line1throughLine3) 11,411,271,968 11,336,408,637

5. Benefitandlossrelatedpayments 4,022,430,154 3,526,335,7746. NettransferstoSeparate,SegregatedAccountsandProtectedCellAccounts7. Commissions,expensespaidandaggregatewrite-insfordeductions 3,934,158,507 3,943,709,3478. Dividendspaidtopolicyholders 15,611,239 21,848,7459. Federalandforeignincometaxespaid(recovered)$34,006,199netoftaxoncapitalgains(losses) 303,517,169 306,031,734

10. Total(Line5throughLine9) 8,275,717,069 7,797,925,600

11. Netcashfromoperations(Line4minusLine10) 3,135,554,899 3,538,483,037

CashfromInvestments

12. Proceedsfrominvestmentssold,maturedorrepaid:12.1 Bonds 6,639,941,650 4,180,334,39212.2 Stocks 349,704,223 403,560,48312.3 Mortgageloans12.4 Realestate12.5 Otherinvestedassets 225,974,716 251,190,61612.6 Netgainsor(losses)oncash,cashequivalentsandshort-terminvestments (25,850) (5,221)12.7 Miscellaneousproceeds 84,361,372 3,855,701

12.8 Totalinvestmentproceeds(Line12.1throughLine12.7) 7,299,956,111 4,838,935,971

13. Costofinvestmentsacquired(long-termonly):13.1 Bonds 8,962,217,139 7,993,375,20813.2 Stocks 669,218,055 800,359,04413.3 Mortgageloans13.4 Realestate 448,43813.5 Otherinvestedassets 236,447,581 206,805,77013.6 Miscellaneousapplications 34,379,076 (74,872,554)

13.7 Totalinvestmentsacquired(Line13.1throughLine13.6) 9,902,261,851 8,926,115,906

14. Netincrease(decrease)incontractloansandpremiumnotes

15. Netcashfrominvestments(Line12.8minusLine13.7minusLine14) (2,602,305,740) (4,087,179,935)

CashfromFinancingandMiscellaneousSources

16. Cashprovided(applied):16.1 Surplusnotes,capitalnotes16.2 Capitalandpaidinsurplus,lesstreasurystock16.3 Borrowedfunds16.4 Netdepositsondeposit-typecontractsandotherinsuranceliabilities16.5 Dividendstostockholders 628,700,000 380,000,00016.6 Othercashprovided(applied) (7,631,248) (26,070,053)

17. Netcashfromfinancingandmiscellaneoussources(Line16.1throughLine16.4minusLine16.5plusLine16.6) (636,331,248) (406,070,053)

RECONCILIATIONOFCASH,CASHEQUIVALENTSANDSHORT-TERMINVESTMENTS

18. Netchangeincash,cashequivalentsandshort-terminvestments(Line11plusLine15plusLine17) (103,082,089) (954,766,951)

19. Cash,cashequivalentsandshort-terminvestments:19.1 Beginningofperiod 558,624,097 1,513,391,04819.2 Endofyear(Line18plusLine19.1) 455,542,008 558,624,097

Note:Supplementaldisclosuresofcashflowinformationfornon-cashtransactions:

20.0001LINES12.1,12.7,13.1AND16.5INCLUDEANON-CASHTRANSACTIONRELATEDTOSECURITIESRECEIVEDIN 108,700,00020.0002CONNECTIONWITHTHESALEOFASSUMEDREINSURANCEBUSINESS,WHICHWERESUBSEQUENTLYDISTRIBUTEDTO20.0003THEPARENTINTHEFORMOFADIVIDEND.20.000420.000520.000620.000720.000820.000920.0010

5


UNDERWRITING AND INVESTMENT EXHIBITPART1-PREMIUMSEARNED

1 2 3 4Unearned UnearnedPremiums Premiums Premiums

Net December31 December31 EarnedPremiums PriorYear- CurrentYear- DuringYearWrittenper perColumn3,Last perColumn5 (Columns

LineofBusiness Column6,Part1B Year'sPart1 Part1A 1plus2minus3)

1. Fire 34,262,974 20,664,379 20,630,076 34,297,277

2. Alliedlines 29,878,841 11,623,920 13,412,608 28,090,153

3. Farmownersmultipleperil

4. Homeownersmultipleperil 1,508,526,443 769,288,157 823,889,232 1,453,925,368

5. Commercialmultipleperil 1,500,835,412 860,055,155 819,525,807 1,541,364,760

6. Mortgageguaranty

8. Oceanmarine 175,282,540 56,140,820 63,281,077 168,142,283

9. Inlandmarine 430,944,780 213,582,464 230,026,095 414,501,149

10. Financialguaranty 3,677,609 1,409,749 1,409,749 3,677,609

11.1 Medicalmalpractice-occurrence 49,408,184 23,500,445 22,567,052 50,341,577

11.2 Medicalmalpractice-claims-made 45,400,172 52,719,056 15,988,139 82,131,089

12. Earthquake 33,122,358 15,721,715 16,899,588 31,944,485

13. Groupaccidentandhealth 102,941,758 27,492,419 30,613,474 99,820,703

14. Creditaccidentandhealth(groupandindividual)

15. Otheraccidentandhealth 4,916,072 15,206,421 7,903,874 12,218,619

16. Workers'compensation 919,543,616 341,301,562 334,893,562 925,951,616

17.1 Otherliability-occurrence 1,217,402,855 545,021,415 539,911,608 1,222,512,662

17.2 Otherliability-claims-made 2,166,639,168 1,175,681,816 1,213,698,451 2,128,622,533

18.1 Productsliability-occurrence 270,742,469 118,522,173 130,567,431 258,697,211

18.2 Productsliability-claims-made 20,045,379 7,607,961 10,654,519 16,998,821

19.1,19.2 Privatepassengerautoliability 275,919,180 131,477,840 129,329,170 278,067,850

19.3,19.4 Commercialautoliability 265,822,847 119,430,885 115,837,018 269,416,714

21. Autophysicaldamage 360,760,258 178,928,228 176,732,598 362,955,888

22. Aircraft(allperils) 29,071,692 10,357,262 8,830,755 30,598,199

23. Fidelity 316,992,076 148,003,658 157,261,288 307,734,446

24. Surety 253,552,309 169,873,803 195,762,999 227,663,113

26. Burglaryandtheft 33,925,992 18,010,062 18,956,394 32,979,660

27. Boilerandmachinery 111,269,375 59,727,325 57,518,333 113,478,367

28. Credit 26,466,817 3,594,007 4,803,751 25,257,073

29. International

30. Reinsurance-NonproportionalAssumedProperty 78,479,530 7,883,851 10,200,226 76,163,155

31. Reinsurance-NonproportionalAssumedLiability 69,176,440 43,448,513 16,297,749 96,327,204

32. Reinsurance-NonproportionalAssumedFinancialLines 13,686,401 2,452,461 2,850,105 13,288,757

33. Aggregatewrite-insforotherlinesofbusiness

34. TOTALS 10,348,693,547 5,148,727,522 5,190,252,728 10,307,168,341

DETAILSOFWRITE-INS

3301.

3302.

3303.

3398.Summaryofremainingwrite-insforLine33fromoverflowpage

3399.Totals(Line3301throughLine3303plusLine3398)(Line33above)

6


UNDERWRITING AND INVESTMENT EXHIBITPART1A-RECAPITULATIONOFALLPREMIUMS

(a)Grosspremiums(lessreinsurance)andunearnedpremiumsonallunexpiredrisksandreserveforreturnpremiumsunderratecreditorretrospectiveratingplansbaseduponexperience,viz:

1 2 3 4 5

AmountUnearned AmountUnearned Reservefor TotalReserve(RunningOneYear (RunningMoreThan Earned RateCreditsand forUnearned

orLessfrom OneYearfrom but Retrospective PremiumsDateofPolicy) DateofPolicy) Unbilled AdjustmentsBased Columns

LineofBusiness (b) (b) Premium onExperience 1+2+3+4

1. Fire 17,544,206 3,085,870 20,630,076

2. Alliedlines 11,508,947 1,903,661 13,412,608


4. Homeownersmultipleperil 823,889,232 823,889,232

5. Commercialmultipleperil 800,789,392 18,736,415 819,525,807

6. Mortgageguaranty

8. Oceanmarine 62,946,641 334,436 63,281,077

9. Inlandmarine 215,248,821 14,777,274 230,026,095

10. Financialguaranty 1,409,749 1,409,749

11.1 Medicalmalpractice-occurrence 22,444,483 122,569 22,567,052

11.2 Medicalmalpractice-claims-made 8,561,663 7,426,476 15,988,139

12. Earthquake 16,899,588 16,899,588

13. Groupaccidentandhealth 22,979,427 7,634,047 30,613,474


15. Otheraccidentandhealth 7,903,874 7,903,874

16. Workers'compensation 355,429,715 513,847 (22,050,000) 1,000,000 334,893,562

17.1 Otherliability-occurrence 510,020,058 24,432,550 5,459,000 539,911,608

17.2 Otherliability-claims-made 941,488,251 272,210,200 1,213,698,451

18.1 Productsliability-occurrence 127,277,128 3,290,303 130,567,431

18.2 Productsliability-claims-made 10,304,527 349,992 10,654,519

19.1,19.2 Privatepassengerautoliability 129,329,170 129,329,170

19.3,19.4 Commercialautoliability 113,973,987 1,363,031 500,000 115,837,018

21. Autophysicaldamage 176,299,543 433,055 176,732,598

22. Aircraft(allperils) 8,830,755 8,830,755

23. Fidelity 135,678,311 21,582,977 157,261,288

24. Surety 43,663,863 152,099,136 195,762,999

26. Burglaryandtheft 14,760,417 4,195,977 18,956,394

27. Boilerandmachinery 57,467,554 50,779 57,518,333

28. Credit 4,803,751 4,803,751

29. International

30. Reinsurance-NonproportionalAssumedProperty 10,200,226 10,200,226

31. Reinsurance-NonproportionalAssumedLiability 16,297,749 16,297,749

32. Reinsurance-NonproportionalAssumedFinancialLines 2,850,105 2,850,105


34. TOTALS 4,670,801,133 534,542,595 (22,050,000) 6,959,000 5,190,252,728

35. Accruedretrospectivepremiumsbasedonexperience (6,959,000)

36. Earnedbutunbilledpremiums 22,050,000

37. Balance(SumofLine34throughLine36) 5,205,343,728

DETAILSOFWRITE-INS

3301.

3302.

3303.

3398. Summaryofremainingwrite-insforLine33fromoverflowpage

3399. Totals(Line3301throughLine3303plusLine3398)(Line33above)

(a) Bygrosspremiumsismeanttheaggregateofallthepremiumswritteninthepoliciesorrenewalsinforce.Aretheysoreturnedinthisstatement? Yes()No()

(b) Stateherebasisofcomputationusedineachcase.PRO-RATAONUNEXPIREDRISKS

7


UNDERWRITING AND INVESTMENT EXHIBITPART1B-PREMIUMSWRITTEN

GrossPremiums(LessReturnPremiums),IncludingPolicyandMembershipFeesWrittenandRenewedDuringYear

1 ReinsuranceAssumed ReinsuranceCeded 6NetPremiums

Direct 2 3 4 5 WrittenBusiness From From To To Columns

LineofBusiness (a) Affiliates Non-Affiliates Affiliates Non-Affiliates 1+2+3-4-5

1. Fire 35,975,438 8,853,310 8,463,185 185,212 18,843,747 34,262,974

2. Alliedlines 27,580,035 3,534,942 7,326,426 1,241 8,561,321 29,878,841


4. Homeownersmultipleperil 1,611,231,713 2,896,759 2,383,922 9,730 107,976,221 1,508,526,443

5. Commercialmultipleperil 1,770,317,141 15,137,397 48,205,011 1,165,946 331,658,191 1,500,835,412

6. Mortgageguaranty

8. Oceanmarine 188,214,302 8,235,668 5,895,457 10,099 27,052,788 175,282,540

9. Inlandmarine 512,225,259 8,358,662 3,644,354 25,742,071 67,541,424 430,944,780

10. Financialguaranty 4,060,044 382,435 3,677,609

11.1 Medicalmalpractice-occurrence 49,408,184 49,408,184

11.2 Medicalmalpractice-claims-made 41,661,307 88,668 (3,650,197) 45,400,172

12. Earthquake 33,131,224 8,866 33,122,358

13. Groupaccidentandhealth 102,101,018 2,824,280 975,749 2,959,289 102,941,758


15. Otheraccidentandhealth 7,183,669 287,196 896,756 3,451,549 4,916,072

16. Workers'compensation 882,022,718 1,721,883 86,515,278 25,138 50,691,125 919,543,616

17.1 Otherliability-occurrence 1,021,290,006 79,277,967 202,301,233 1,007,423 84,458,928 1,217,402,855

17.2 Otherliability-claims-made 1,952,625,051 7,655,729 255,015,240 75,867 48,580,985 2,166,639,168

18.1 Productsliability-occurrence 277,489,326 551,251 1,467,110 2,057,779 6,707,439 270,742,469

18.2 Productsliability-claims-made 20,074,521 29,142 20,045,379

19.1,19.2 Privatepassengerautoliability 263,414,085 9,837 13,895,406 1,400,148 275,919,180

19.3,19.4 Commercialautoliability 223,559,808 711,970 48,128,756 44,983 6,532,704 265,822,847

21. Autophysicaldamage 354,443,863 610,881 11,552,307 14,905 5,831,888 360,760,258

22. Aircraft(allperils) 147,880 9,271,370 25,872,364 6,219,922 29,071,692

23. Fidelity 293,012,082 8,788,341 21,396,392 2,140,157 4,064,582 316,992,076

24. Surety 234,054,288 13,752,048 26,538,835 20,792,862 253,552,309

26. Burglaryandtheft 31,498,959 271,994 2,272,751 117,712 33,925,992

27. Boilerandmachinery 119,788,526 1,333,896 3,595,468 26,924 13,421,591 111,269,375

28. Credit 6,281,641 23,728,052 3,542,876 26,466,817

29. International

30. Reinsurance-NonproportionalAssumedProperty XXX 103,207,809 24,728,279 78,479,530

31. Reinsurance-NonproportionalAssumedLiability XXX 70,222,937 1,046,497 69,176,440

32. Reinsurance-NonproportionalAssumedFinancialLines XXX 13,787,373 100,972 13,686,401


34. TOTALS 10,009,323,860 174,085,381 1,040,845,067 32,507,475 843,053,286 10,348,693,547

DETAILSOFWRITE-INS3301.

3302.

3303.

3398.Summaryofremainingwrite-insforLine33fromoverflowpage

3399.Totals(Line3301throughLine3303plusLine3398)(Line33above)

(a)Doesthecompany'sdirectpremiumswrittenincludepremiumsrecordedonaninstallmentbasis?Yes()No()Ifyes: 1.Theamountofsuchinstallmentpremiums$

2.Amountatwhichsuchinstallmentpremiumswouldhavebeenreportedhadtheybeenrecordedonanannualizedbasis$

8


UNDERWRITING AND INVESTMENT EXHIBITPART2-LOSSESPAIDANDINCURRED

5 6 7 8LossesPaidLessSalvage

NetLosses Losses Percentageof1 2 3 4 Unpaid Incurred LossesIncurred

NetPayments CurrentYear NetLosses CurrentYear (Column7,Part2)Direct Reinsurance Reinsurance (Columns (Part2A, Unpaid (Columns toPremiumsEarned

LineofBusiness Business Assumed Recovered 1plus2minus3) Column8) PriorYear 4plus5minus6) (Column4,Part1)

1. Fire 10,490,877 23,987,100 8,106,110 26,371,867 26,036,866 48,783,912 3,624,821 23.82. Alliedlines 2,832,011 7,848,571 (2,353) 10,682,935 34,175,856 23,241,536 21,617,255 75.43. Farmownersmultipleperil4. Homeownersmultipleperil 675,778,761 5,418,506 (475,004) 681,672,271 430,370,414 466,506,753 645,535,932 44.35. Commercialmultipleperil 686,151,758 54,837,117 88,199,068 652,789,807 1,052,791,559 1,013,871,394 691,709,972 44.86. Mortgageguaranty8. Oceanmarine 69,644,325 3,662,730 6,579,526 66,727,529 100,744,593 75,736,800 91,735,322 54.59. Inlandmarine 147,905,977 9,971,619 14,025,069 143,852,527 224,973,433 82,739,127 286,086,833 67.9

10. Financialguaranty11.1 Medicalmalpractice-occurrence 450,396 1,319,670 190,414 1,579,652 79,244,841 56,587,907 24,236,586 48.111.2 Medicalmalpractice-claims-made 32,462,482 303,660 12,441,560 20,324,582 135,737,802 104,751,812 51,310,572 62.412. Earthquake 13,398 13,398 47 13,44513. Groupaccidentandhealth 43,322,335 8,842,846 5,904,690 46,260,491 66,178,707 79,266,566 33,172,632 33.214. Creditaccidentandhealth(groupandindividual)15. Otheraccidentandhealth 2,202,907 250,840 1,116,418 1,337,329 4,159,251 3,329,463 2,167,117 17.716. Workers'compensation 251,213,585 44,945,249 57,560,728 238,598,106 1,319,134,114 1,090,436,015 467,296,205 50.417.1 Otherliability-occurrence 416,228,614 48,185,278 40,387,891 424,026,001 3,256,725,012 2,894,048,804 786,702,209 64.317.2 Otherliability-claims-made 860,348,256 93,989,614 214,620,293 739,717,577 3,597,724,585 3,203,889,580 1,133,552,582 53.218.1 Productsliability-occurrence 172,480,557 3,703,598 14,089,162 162,094,993 737,632,248 709,109,810 190,617,431 73.618.2 Productsliability-claims-made 676,668 43,752 632,916 26,378,301 2,370,732 24,640,485 144.919.1,19.2 Privatepassengerautoliability 167,446,341 11,809,333 1,815,458 177,440,216 288,123,966 264,698,351 200,865,831 72.219.3,19.4 Commercialautoliability 87,729,063 27,698,077 9,874,654 105,552,486 259,871,187 249,413,723 116,009,950 43.021. Autophysicaldamage 148,993,335 6,676,025 920,427 154,748,933 18,943,591 25,825,597 147,866,927 40.722. Aircraft(allperils) 25,736,771 20,586,329 33,791,234 12,531,866 69,604,133 73,436,361 8,699,638 28.423. Fidelity 100,658,864 3,480,661 4,659,724 99,479,801 233,388,173 221,635,388 111,232,586 36.124. Surety 101,755,420 6,584,159 6,395,525 101,944,054 50,392,198 85,712,137 66,624,115 29.226. Burglaryandtheft 2,581,139 485,036 3,066,175 (2,776,830) (3,325,487) 3,614,832 10.527. Boilerandmachinery 22,055,711 2,705,897 57,903 24,703,705 20,240,501 31,939,478 13,004,728 11.428. Credit (246,105) 5,227,489 (173,017) 5,154,401 16,449,981 10,266,426 11,337,956 44.829. International30. Reinsurance-NonproportionalAssumedProperty XXX 43,985,789 9,805,593 34,180,196 126,453,046 69,004,215 91,629,027 120.331. Reinsurance-NonproportionalAssumedLiability XXX 32,895,637 32,895,637 267,365,228 255,472,951 44,787,914 46.432. Reinsurance-NonproportionalAssumedFinancialLines XXX 1,470,852 1,470,852 29,694,781 19,149,571 12,016,062 90.433. Aggregatewrite-insforotherlinesofbusiness

34. TOTALS 4,028,913,446 470,871,682 529,934,825 3,969,850,303 12,469,757,584 11,157,898,922 5,281,708,965 51.2


9


UNDERWRITING AND INVESTMENT EXHIBITPART2A-UNPAIDLOSSESANDLOSSADJUSTMENTEXPENSES

ReportedLosses IncurredButNotReported 8 9

1 2 3 4 5 6 7DeductReinsurance NetLossesExcluding

Recoverablefrom IncurredButAuthorizedand NotReported NetLossesUnpaid UnpaidLossUnauthorized (Columns1 Reinsurance Reinsurance (Columns4plus5 Adjustment

LineofBusiness Direct ReinsuranceAssumed Companies plus2minus3) Direct Assumed Ceded plus6minus7) Expenses

1. Fire 4,127,698 10,113,198 9,619,298 4,621,598 11,612,698 12,037,268 2,234,698 26,036,866 1,085,3362. Alliedlines 19,143,263 6,792,985 9,378,975 16,557,273 26,829,132 5,207,749 14,418,298 34,175,856 3,157,6503. Farmownersmultipleperil4. Homeownersmultipleperil 321,034,820 555,651 96,584,039 225,006,432 216,636,939 1,012,443 12,285,400 430,370,414 139,732,3075. Commercialmultipleperil 969,930,249 20,421,347 492,577,116 497,774,480 654,499,785 25,280,138 124,762,844 1,052,791,559 519,884,8226. Mortgageguaranty8. Oceanmarine 78,258,452 3,139,026 32,913,887 48,483,591 57,793,629 4,309,327 9,841,954 100,744,593 19,988,6719. Inlandmarine 185,293,810 801,228 17,422,609 168,672,429 49,247,265 8,076,755 1,023,016 224,973,433 12,806,346

10. Financialguaranty11.1 Medicalmalpractice-occurrence 71,434 7,703,461 4,954 7,769,941 6,593,137 67,298,897 2,417,134 79,244,841 5,515,19611.2 Medicalmalpractice-claims-made 107,745,117 617,472 50,065,838 58,296,751 102,237,592 38,165 24,834,706 135,737,802 39,127,75712. Earthquake 47 47 6,87113. Groupaccidentandhealth 3,688,362 114,230,553 94,397,317 23,521,598 25,996,546 33,254,571 16,594,008 (a) 66,178,707 6,842,77814. Creditaccidentandhealth(groupandindividual)15. Otheraccidentandhealth 1,448,348 2,195,464 410,748 3,233,064 507,380 418,849 42 (a) 4,159,251 651,87816. Workers'compensation 695,777,369 114,326,305 240,569,526 569,534,148 745,163,914 101,236,882 96,800,830 1,319,134,114 231,472,05817.1 Otherliability-occurrence 613,448,642 47,349,173 81,461,048 579,336,767 2,421,445,926 400,700,241 144,757,922 3,256,725,012 353,804,89517.2 Otherliability-claims-made 1,213,666,909 177,251,468 366,959,010 1,023,959,367 2,489,710,505 390,602,270 306,547,557 3,597,724,585 1,665,946,07818.1 Productsliability-occurrence 664,656,061 6,848,554 84,674,830 586,829,785 173,185,727 12,479,472 34,862,736 737,632,248 253,002,14618.2 Productsliability-claims-made 25,453,482 25,453,482 925,922 1,103 26,378,301 13,057,36519.1,19.2Privatepassengerautoliability 184,814,753 5,578,296 3,298,461 187,094,588 97,247,335 4,478,952 696,909 288,123,966 91,640,41419.3,19.4Commercialautoliability 105,596,454 28,781,955 8,272,487 126,105,922 92,839,663 45,501,810 4,576,208 259,871,187 60,241,17421. Autophysicaldamage 6,301,900 4,266,415 3,569,689 6,998,626 6,172,355 6,245,508 472,898 18,943,591 9,674,22322. Aircraft(allperils) 257,388,549 183,274,420 407,038,128 33,624,841 12,439,069 37,471,548 13,931,325 69,604,133 1,835,25723. Fidelity 78,544,245 10,890,625 1,320,330 88,114,540 140,166,960 17,902,177 12,795,504 233,388,173 27,356,54924. Surety 4,345,949 8,296,648 5,312,035 7,330,562 37,090,104 11,792,381 5,820,849 50,392,198 3,917,21926. Burglaryandtheft 296,160 129,774 5,300,000 (4,874,066) 1,976,271 129,328 8,363 (2,776,830) 579,63027. Boilerandmachinery 5,472,471 1,331,693 108 6,804,056 13,721,332 741,038 1,025,925 20,240,501 3,169,87928. Credit 2,931,039 2,931,039 6,289,719 10,894,430 3,665,207 16,449,981 302,48629. International30. Reinsurance-NonproportionalAssumedProperty XXX 75,622,539 28,893,007 46,729,532 XXX 105,442,342 25,718,828 126,453,046 31531. Reinsurance-NonproportionalAssumedLiability XXX 82,542,411 82,542,411 XXX 191,137,165 6,314,348 267,365,228 321,58132. Reinsurance-NonproportionalAssumedFinancialLines XXX 10,390,988 10,390,988 XXX 19,304,000 207 29,694,781 40,94933. Aggregatewrite-insforotherlinesofbusiness

34. TOTALS 5,546,504,497 926,382,688 2,040,043,440 4,432,843,745 7,390,328,952 1,512,993,706 866,408,819 12,469,757,584 3,465,161,830


(a)Including$forpresentvalueoflifeindemnityclaims.

10


UNDERWRITING AND INVESTMENT EXHIBITPART3-EXPENSES

1 2 3 4

OtherLossAdjustment Underwriting Investment

Expenses Expenses Expenses Total

1. Claimadjustmentservices:1.1 Direct 1,104,364,887 1,104,364,8871.2 Reinsuranceassumed 31,180,053 31,180,0531.3 Reinsuranceceded 68,127,469 68,127,469

1.4 Netclaimadjustmentservices(Line1.1plusLine1.2minusLine1.3) 1,067,417,471 1,067,417,4712. Commissionandbrokerage:

2.1 Directexcludingcontingent 1,194,076,310 1,194,076,3102.2 Reinsuranceassumedexcludingcontingent 297,094,942 297,094,9422.3 Reinsurancecededexcludingcontingent 111,039,101 111,039,1012.4 Contingent-direct 106,329,158 106,329,1582.5 Contingent-reinsuranceassumed (237,000) (237,000)2.6 Contingent-reinsuranceceded 3,600,158 3,600,1582.7 Policyandmembershipfees

2.8 Netcommissionandbrokerage(Line2.1plusLine2.2minusLine2.3plusLine2.4plusLine2.5minusLine2.6plusLine2.7) 1,482,624,151 1,482,624,151

3. Allowancestomanagerandagents 2,908,490 2,908,4904. Advertising 10,670,352 10,670,3525. Boards,bureausandassociations 1,054,555 27,603,317 28,657,8726. Surveysandunderwritingreports 8,520,668 8,520,6687. Auditofassureds'records 1,577,299 1,577,2998. Salaryandrelateditems:

8.1 Salaries 189,508,492 632,116,754 8,478,914 830,104,1608.2 Payrolltaxes 12,596,976 35,690,034 308,469 48,595,479

9. Employeerelationsandwelfare 46,579,262 140,324,609 1,126,307 188,030,17810. Insurance 2,870,099 11,304,886 14,174,98511. Directors'fees 10,924 42,558 21,940 75,42212. Travelandtravelitems 7,504,139 36,825,205 113,635 44,442,97913. Rentandrentitems 19,360,090 58,965,143 1,525,346 79,850,57914. Equipment 2,779,141 8,701,111 38,048 11,518,30015. CostordepreciationofEDPequipmentandsoftware 8,090,314 26,804,246 113,738 35,008,29816. Printingandstationery 1,389,446 8,052,409 50,290 9,492,14517. Postage,telephoneandtelegraph,exchangeandexpress 5,909,814 20,401,208 28,808 26,339,83018. Legalandauditing 2,231,507 4,377,535 13,011,723 19,620,765

19. Totals(Line3throughLine18) 299,884,759 1,034,885,824 24,817,218 1,359,587,80120. Taxes,licensesandfees:

20.1 Stateandlocalinsurancetaxesdeductingguarantyassociationcreditsof$4,268,609 22,038,720 173,758,187 195,796,907

20.2 Insurancedepartmentlicensesandfees 26,764,905 26,764,90520.3 Grossguarantyassociationassessments 13,962,208 13,962,20820.4 Allother(excludingfederalandforeignincomeandrealestate) 23,684,449 23,684,449

20.5 Totaltaxes,licensesandfees(Line20.1plusLine20.2plusLine20.3plusLine20.4) 22,038,720 238,169,749 260,208,46921. Realestateexpenses 1,036,963 4,513,219 5,550,18222. Realestatetaxes 602,662 1,916,288 2,518,95023. Reimbursementsbyuninsuredaccidentandhealthplans24. Aggregatewrite-insformiscellaneousexpenses 48,211,426 77,778,160 349,212 126,338,798

25. Totalexpensesincurred 1,439,192,001 2,839,887,391 25,166,430 (a) 4,304,245,82226. Lessunpaidexpenses-currentyear 3,465,161,830 533,929,804 1,557,294 4,000,648,92827. Addunpaidexpenses-prioryear 3,098,801,334 554,519,601 1,464,371 3,654,785,30628. Amountsreceivablerelatingtouninsuredaccidentandhealthplans,prioryear29. Amountsreceivablerelatingtouninsuredaccidentandhealthplans,currentyear

30. TOTALEXPENSESPAID(Line25minusLine26plusLine27minusLine28plusLine29) 1,072,831,505 2,860,477,188 25,073,507 3,958,382,200

DETAILSOFWRITE-INS2401.CHANGEINUNALLOCATEDEXPENSERESERVE 22,719,313 22,719,3132402.OUTSIDESERVICES 20,351,889 79,056,201 349,212 99,757,3022403.MISCELLANEOUSEXPENSE 5,140,224 (1,278,041) 3,862,1832498.Summaryofremainingwrite-insforLine24fromoverflowpage2499.Totals(Line2401throughLine2403plusLine2498)(Line24above) 48,211,426 77,778,160 349,212 126,338,798

(a)Includesmanagementfeesof$6,514,123toaffiliatesand$5,030,820tonon-affiliates.

11


EXHIBIT OF NET INVESTMENT INCOME

1 2

Collected EarnedDuringYear DuringYear

1. U.S.Governmentbonds (a) 87,225,256 88,114,9391.1 BondsexemptfromU.S.tax (a) 560,400,153 577,999,3361.2 Otherbonds(unaffiliated) (a) 313,606,984 328,099,6651.3 Bondsofaffiliates (a)2.1 Preferredstocks(unaffiliated) (b) 6,295,047 6,295,0472.11 Preferredstocksofaffiliates (b) 1,943,000 1,943,0002.2 Commonstocks(unaffiliated) 27,004,303 26,970,9802.21 Commonstocksofaffiliates 105,899,400 105,899,4003. Mortgageloans (c)4. Realestate (d) 4,030,476 4,030,4765. Contractloans6. Cash,cashequivalentsandshort-terminvestments (e) 25,567,169 25,727,1157. Derivativeinstruments (f)8. Otherinvestedassets 11,958,888 11,958,8889. Aggregatewrite-insforinvestmentincome 10,856,574 10,856,574

10. Totalgrossinvestmentincome 1,154,787,250 1,187,895,420

11. Investmentexpenses (g) 25,166,43012. Investmenttaxes,licensesandfees,excludingfederalincometaxes (g)13. Interestexpense (h)14. Depreciationonrealestateandotherinvestedassets (i) 4,030,47615. Aggregatewrite-insfordeductionsfrominvestmentincome 19,717,58716. Totalsdeductions(Line11throughLine15) 48,914,49317. Netinvestmentincome(Line10minusLine16) 1,138,980,927

DETAILSOFWRITE-INS0901.MISCELLANEOUSINVESTMENTINCOME 10,856,574 10,856,5740902.0903.0998.Summaryofremainingwrite-insforLine9fromoverflowpage0999.Totals(Line0901throughLine0903plusLine0998)(Line9above) 10,856,574 10,856,574

1501.EXPENSESINCONNECTIONWITHFUNDSHELDUNDERREINSURANCECONTRACTS 17,818,2851502.INTERESTPAIDONDEPOSITLIABILITIES 1,899,3021503.1598.Summaryofremainingwrite-insforLine15fromoverflowpage1599.Totals(Line1501throughLine1503plusLine1598)(Line15above) 19,717,587

(a)Includes$38,001,939accrualofdiscountless$218,976,254amortizationof (f)Includes$accrualofdiscountless$amortizationpremiumandless$62,245,445paidforaccruedinterestonpurchases. ofpremium.

(b)Includes$accrualofdiscountless$amortizationof (g)Includes$investmentexpensesand$investmentpremiumandless$paidforaccrueddividendsonpurchases. taxes,licensesandfees,excludingfederalincometaxes,attributabletosegregatedand

(c)Includes$accrualofdiscountless$amortizationof SeparateAccounts.premiumandless$paidforaccruedinterestonpurchases. (h)Includes$interestonsurplusnotesand$interest

(d)Includes$4,030,476forcompany'soccupancyofitsownbuildings;andexcludes oncapitalnotes.$ interestonencumbrances. (i)Includes$4,030,476depreciationonrealestateand$

(e)Includes$14,815,891accrualofdiscountless$13,908amortization depreciationonotherinvestedassets.ofpremiumandless$179,953paidforaccruedinterestonpurchases.

EXHIBIT OF CAPITAL GAINS (LOSSES)

1 2 3 4

RealizedGain Increases(Loss)onSales OtherRealized (Decreases)by

orMaturity Adjustments Adjustment Total

1. U.S.Governmentbonds (28,603,792) (28,603,792)1.1 BondsexemptfromU.S.tax (16,192,219) 15,795 (16,176,424)1.2 Otherbonds(unaffiliated) (8,844,462) (4,450,694) 3,105,368 (10,189,788)1.3 Bondsofaffiliates2.1 Preferredstocks(unaffiliated) 359,101 (2,864,304) (2,505,203)2.11 Preferredstocksofaffiliates2.2 Commonstocks(unaffiliated) 76,842,819 (1,020,236) (13,225,560) 62,597,0232.21 Commonstocksofaffiliates (4,193,052) 221,549,519 217,356,4673. Mortgageloans4. Realestate5. Contractloans6. Cash,cashequivalentsandshort-terminvestments (19,640) (8,681,358) (8,700,998)7. Derivativeinstruments8. Otherinvestedassets 98,882,847 (6,382,968) 78,966,301 171,466,1809. Aggregatewrite-insforcapitalgains(losses) 90,896,123 (2,455,156) 88,440,967

10. Totalcapitalgains(losses) 209,127,725 (11,853,898) 276,410,605 473,684,432

DETAILSOFWRITE-INS0901.LOSSESINCONNECTIONWITHFUNDSHELDUNDERREINSURANCECONTRACTS (11,090,342) (11,090,342)0902.SALEOFASSUMEDREINSURANCEBUSINESS 106,900,000 106,900,0000903.PROFIT/(LOSS)ONEXCHANGE (4,913,535) (2,455,156) (7,368,691)0998.Summaryofremainingwrite-insforLine9fromoverflowpage0999.Totals(Line0901throughLine0903plusLine0998)(Line9above) 90,896,123 (2,455,156) 88,440,967

12


SCHEDULE D - SUMMARY BY COUNTRYLong-TermBondsandStocksOWNEDDecember31ofCurrentYear

1 2 3 4

Book/Adjusted ParValueofDescription CarryingValue FairValue ActualCost Bonds

BONDS 1. UnitedStates 2,617,232,955 2,609,613,221 2,627,832,294 2,631,435,184Governments 2. Canada 92,125,606 92,397,354 84,264,019 81,949,764(Includingallobligationsguaranteed 3. OtherCountries 106,158,492 108,582,659 102,328,067 99,568,967bygovernments)

4. Totals 2,815,517,053 2,810,593,234 2,814,424,380 2,812,953,915

5. UnitedStates 2,365,726,368 2,416,725,364 2,388,731,578 2,262,935,000States,TerritoriesandPossessions 6. Canada 4,839,047 4,740,069 4,704,361 4,172,752

(Directandguaranteed) 7. OtherCountries

8. Totals 2,370,565,415 2,421,465,433 2,393,435,939 2,267,107,752

9. UnitedStates 2,097,051,755 2,128,860,706 2,089,825,599 2,030,830,000PoliticalSubdivisionsofStates, 10.Canada

TerritoriesandPossessions 11.OtherCountries(Directandguaranteed)

12.Totals 2,097,051,755 2,128,860,706 2,089,825,599 2,030,830,000

Specialrevenueandspecialassessment 13.UnitedStates 11,475,253,443 11,594,889,645 11,571,881,232 11,032,214,405obligationsandallnon-guaranteed 14.Canadaobligationsofagenciesandauthoritiesof 15.OtherCountriesgovernmentsandtheirpoliticalsubdivisions

16.Totals 11,475,253,443 11,594,889,645 11,571,881,232 11,032,214,405

17.UnitedStates 347,620,948 355,375,382 358,131,219 349,720,62818.Canada 4,785,766 4,813,506 3,596,590 3,409,090

PublicUtilities(unaffiliated) 19.OtherCountries

20.Totals 352,406,714 360,188,888 361,727,809 353,129,718

21.UnitedStates 3,188,328,465 3,225,278,545 3,321,018,708 2,830,816,59822.Canada 5,187,837 5,524,006 5,162,921 5,569,125

IndustrialandMiscellaneousandCreditTenant 23.OtherCountries 435,267,364 440,618,901 437,351,386 431,259,680Loans(unaffiliated)

24.Totals 3,628,783,666 3,671,421,452 3,763,533,015 3,267,645,403

Parent,SubsidiariesandAffiliates 25.Totals

26.TotalBonds 22,739,578,046 22,987,419,358 22,994,827,974 21,763,881,193

PREFERREDSTOCKS 27.UnitedStates28.Canada

PublicUtilities(unaffiliated) 29.OtherCountries

30.Totals

31.UnitedStates 22,912,000 22,912,000 20,172,20032.Canada

Banks,TrustandInsuranceCompanies 33.OtherCountries(unaffiliated)

34.Totals 22,912,000 22,912,000 20,172,200


IndustrialandMiscellaneous(unaffiliated) 37.OtherCountries

38.Totals 60,050,585 60,820,322 59,975,182

Parent,SubsidiariesandAffiliates 39.Totals 19,228,550 19,228,550 19,228,550

40.TotalPreferredStocks 102,191,135 102,960,872 99,375,932

COMMONSTOCKS 41.UnitedStates 186,619,860 186,619,860 165,526,61842.Canada

PublicUtilities(unaffiliated) 43.OtherCountries 6,149,000 6,149,000 5,295,310

44.Totals 192,768,860 192,768,860 170,821,928


Banks,TrustandInsuranceCompanies 47.OtherCountries 7,411,800 7,411,800 7,765,917(unaffiliated)

48.Totals 97,556,996 97,556,995 82,021,516

49.UnitedStates 769,259,980 769,259,980 691,677,97550.Canada 15,074,300 15,074,300 10,617,581

IndustrialandMiscellaneous(unaffiliated) 51.OtherCountries 36,536,170 36,536,170 33,146,077

52.Totals 820,870,450 820,870,450 735,441,633

Parent,SubsidiariesandAffiliates 53.Totals 3,073,405,925 3,073,405,925 2,432,130,414

54.TotalCommonStocks 4,184,602,231 4,184,602,230 3,420,415,491

55.TotalStocks 4,286,793,366 4,287,563,102 3,519,791,423

56.TotalBondsandStocks 27,026,371,412 27,274,982,460 26,514,619,397

SCHEDULE D - VERIFICATION BETWEEN YEARSBondsandStocks

1.Book/adjustedcarryingvalueofbondsandstocks,prioryear 24,343,078,123 7.Amortizationofpremium 218,976,2542.Costofbondsandstocksacquired,Column7,Part3 9,631,435,194 8.ForeignExchangeAdjustment:3.Accrualofdiscount 38,001,939 8.1 Column15,Part1 6,119,7474.Increase(decreased)byadjustment: 8.2 Column19,Part2,Section1

4.1 Column12minusColumn14,Part1 (11,446,736) 8.3 Column16,Part2,Section24.2 Column15minusColumn17,Part2,Section1 (2,167,263) 8.4 Column15,Part4 4,210,424 10,330,1714.3 Column15,Part2,Section2 248,978,086 9.Book/adjustedcarryingvalueatendofcurrentperiod 27,026,371,4124.4 Column11minusColumn13,Part4 (42,584,370) 192,779,717 10.Totalvaluationallowance

5.Totalgain(loss),Column19,Part4 19,368,395 11.Subtotal(Line9plusLine10) 27,026,371,4126.DeductconsiderationforbondsandstocksdisposedofColumn7,Part4 6,989,645,873 12.Totalnonadmittedamounts 72,486,547

13.Statementvalueofbondsandstocks,currentperiod 26,953,884,865

22


SCHEDULE D - PART 1A - SECTION 1QualityandMaturityDistributionofAllBondsOwnedDecember31,atBook/AdjustedCarryingValuesbyMajorTypesofIssuesandNAICDesignations

1 2 3 4 5 6 7 8 9 10 11

1Year Over1Year Over5Years Over10Years Over Total Column6 Totalfrom %From Totalor Through Through Through 20 Current asa%of Column6 Column7 TotalPublicly Privately

QualityRatingpertheNAICDesignation Less 5Years 10Years 20Years Years Year Line10.7 PriorYear PriorYear Traded Placed(a)

1.U.S.Governments,SchedulesDandDA(Group1)1.1 Class1 340,058,548 1,739,758,797 502,031,885 41,523,724 2,623,372,954 11.5 2,662,426,432 12.8 2,623,372,9541.2 Class21.3 Class31.4 Class41.5 Class51.6 Class6

1.7 Totals 340,058,548 1,739,758,797 502,031,885 41,523,724 2,623,372,954 11.5 2,662,426,432 12.8 2,623,372,954

2.AllOtherGovernments,SchedulesDandDA(Group2)2.1 Class1 20,769,447 127,744,319 56,548,934 1,764,972 1,079,081 207,906,753 0.9 156,707,954 0.8 207,906,7532.2 Class22.3 Class32.4 Class42.5 Class52.6 Class6

2.7 Totals 20,769,447 127,744,319 56,548,934 1,764,972 1,079,081 207,906,753 0.9 156,707,954 0.8 207,906,753

3.States,TerritoriesandPossessionsetc.,Guaranteed,SchedulesDandDA(Group3)3.1 Class1 83,967,498 766,968,285 1,244,623,799 181,403,054 86,511,362 2,363,473,998 10.4 2,212,985,182 10.7 2,363,473,9983.2 Class2 7,091,417 7,091,417 7,136,492 7,091,4173.3 Class33.4 Class43.5 Class53.6 Class6

3.7 Totals 83,967,498 766,968,285 1,251,715,216 181,403,054 86,511,362 2,370,565,415 10.4 2,220,121,674 10.7 2,370,565,415

4.PoliticalSubdivisionsofStates,TerritoriesandPossessions,Guaranteed,SchedulesDandDA(Group4)4.1 Class1 139,801,953 488,254,433 1,332,043,421 104,070,984 32,880,964 2,097,051,755 9.2 1,791,644,722 8.6 2,097,051,7554.2 Class24.3 Class34.4 Class44.5 Class54.6 Class6

4.7 Totals 139,801,953 488,254,433 1,332,043,421 104,070,984 32,880,964 2,097,051,755 9.2 1,791,644,722 8.6 2,097,051,755

5.SpecialRevenueandSpecialAssessmentObligationsetc.,Non-Guaranteed,SchedulesDandDA(Group5)5.1 Class1 422,261,968 2,508,028,542 6,372,755,315 1,595,672,811 436,456,762 11,335,175,398 49.8 9,856,260,499 47.5 11,335,175,3985.2 Class2 32,916,242 38,302,344 31,489,378 15,878,154 118,586,118 0.5 159,417,622 0.8 118,586,1185.3 Class3 14,773,954 6,717,973 21,491,927 0.1 21,559,778 0.1 21,491,9275.4 Class45.5 Class55.6 Class6

5.7 Totals 422,261,968 2,555,718,738 6,417,775,632 1,627,162,189 452,334,916 11,475,253,443 50.4 10,037,237,899 48.4 11,475,253,443

23


SCHEDULE D - PART 1A - SECTION 1 (continued)QualityandMaturityDistributionofAllBondsOwnedDecember31,atBook/AdjustedCarryingValuesbyMajorTypesofIssuesandNAICDesignations

1 2 3 4 5 6 7 8 9 10 11



6.PublicUtilities(Unaffiliated),SchedulesDandDA(Group6)6.1 Class1 63,613,469 105,874,823 25,000,000 194,488,292 0.9 138,683,720 0.7 194,488,2926.2 Class2 6,998,476 49,127,396 51,284,217 19,328,085 17,491,351 144,229,525 0.6 130,412,913 0.6 144,229,5256.3 Class3 416,000 416,000 23,056,177 0.1 416,0006.4 Class4 1,072,897 12,200,000 13,272,897 0.1 14,462,563 0.1 13,272,8976.5 Class56.6 Class6

6.7 Totals 6,998,476 114,229,762 157,159,040 44,328,085 29,691,351 352,406,714 1.5 306,615,373 1.5 351,990,714 416,000

7.IndustrialandMiscellaneous(Unaffiliated),SchedulesDandDA(Group7)7.1 Class1 42,509,908 1,497,183,066 867,896,909 73,099,693 32,575,969 2,513,265,545 11.0 2,360,466,115 11.4 2,051,271,538 461,994,0077.2 Class2 50,122,995 353,190,645 287,452,334 64,273,944 755,039,918 3.3 886,894,013 4.3 670,878,193 84,161,7257.3 Class3 50,046,788 92,187,198 42,078,854 3,605,606 8,464,541 196,382,987 0.9 119,382,646 0.6 155,626,488 40,756,4997.4 Class4 6,179,617 58,649,633 65,778,394 4,143,520 1,747,133 136,498,297 0.6 159,734,424 0.8 98,478,207 38,020,0907.5 Class5 8,161,186 15,135,338 1,099,200 45,750 24,441,474 0.1 24,808,585 0.1 14,394,643 10,046,8317.6 Class6 366,011 2,324,449 205,710 156,675 102,601 3,155,446 7,768,828 1,088,575 2,066,871

7.7 Totals 149,225,319 2,011,696,177 1,278,547,539 82,104,694 107,209,938 3,628,783,667 15.9 3,559,054,611 17.2 2,991,737,644 637,046,023

8.CreditTenantLoans,SchedulesDandDA(Group8)8.1 Class18.2 Class28.3 Class38.4 Class48.5 Class58.6 Class6

8.7 Totals

9.Parent,SubsidiariesandAffiliates,SchedulesDandDA(Group9)9.1 Class19.2 Class29.3 Class39.4 Class49.5 Class59.6 Class6

9.7 Totals

24


SCHEDULE D - PART 1A - SECTION 1 (continued)QualityandMaturityDistributionofAllBondsOwnedDecember31,atBook/AdjustedCarryingValuesbyMajorTypesofIssuesandNAICDesignations

1 2 3 4 5 6 7 8 9 10 11



10.TotalBondsCurrentYear10.1 Class1 1,049,369,322 7,191,550,911 10,481,775,086 1,981,011,514 631,027,862 21,334,734,695 93.8 XXX XXX 20,872,740,688 461,994,00710.2 Class2 57,121,471 435,234,283 384,130,312 50,817,463 97,643,449 1,024,946,978 4.5 XXX XXX 940,785,253 84,161,72510.3 Class3 50,046,788 107,377,152 48,796,827 3,605,606 8,464,541 218,290,914 1.0 XXX XXX 177,118,415 41,172,49910.4 Class4 6,179,617 59,722,530 65,778,394 4,143,520 13,947,133 149,771,194 0.7 XXX XXX 111,751,104 38,020,09010.5 Class5 8,161,186 15,135,338 1,099,200 45,750 (c) 24,441,474 0.1 XXX XXX 14,394,643 10,046,83110.6 Class6 366,011 2,324,449 205,710 156,675 102,601 (c) 3,155,446 XXX XXX 1,088,575 2,066,871

10.7 Totals 1,163,083,209 7,804,370,511 10,995,821,667 2,040,833,978 751,231,336 (b) 22,755,340,701 100.0 XXX XXX 22,117,878,678 637,462,02310.8 Line10.7asa%ofColumn6 5.1 34.3 48.3 9.0 3.3 100.0 XXX XXX XXX 97.2 2.8

11.TotalBondsPriorYear11.1 Class1 1,212,743,500 6,187,028,805 8,842,177,192 2,249,542,514 687,682,613 XXX XXX 19,179,174,624 92.5 18,877,890,684 301,283,94011.2 Class2 35,462,695 422,877,347 535,061,941 74,257,048 116,202,009 XXX XXX 1,183,861,040 5.7 1,077,982,413 105,878,62711.3 Class3 3,298,826 107,772,173 41,869,353 4,642,182 6,416,067 XXX XXX 163,998,601 0.8 106,345,314 57,653,28711.4 Class4 3,795,713 67,827,646 79,249,444 4,653,414 18,670,770 XXX XXX 174,196,987 0.8 120,472,951 53,724,03611.5 Class5 266,020 10,286,355 14,256,026 184 XXX XXX (c) 24,808,585 0.1 18,578,103 6,230,48211.6 Class6 3,079,790 2,968,892 334,167 664,212 721,767 XXX XXX (c) 7,768,828 6,768,174 1,000,654

11.7 Totals 1,258,646,544 6,798,761,218 9,512,948,123 2,333,759,370 829,693,410 XXX XXX (b) 20,733,808,665 100.0 20,208,037,639 525,771,02611.8 Line11.7asa%ofColumn8 6.1 32.8 45.9 11.3 4.0 XXX XXX 100.0 XXX 97.5 2.5

12.TotalPubliclyTradedBonds12.1 Class1 1,046,159,423 6,829,100,857 10,386,972,721 1,979,479,825 631,027,862 20,872,740,688 91.7 18,877,890,684 91.0 20,872,740,688 XXX12.2 Class2 52,123,214 356,070,815 384,130,312 50,817,463 97,643,449 940,785,253 4.1 1,077,982,413 5.2 940,785,253 XXX12.3 Class3 47,095,288 80,029,471 40,171,123 1,357,992 8,464,541 177,118,415 0.8 106,345,314 0.5 177,118,415 XXX12.4 Class4 5,583,155 48,256,986 39,820,310 4,143,520 13,947,133 111,751,104 0.5 120,472,951 0.6 111,751,104 XXX12.5 Class5 5,576,640 7,718,803 1,099,200 14,394,643 0.1 18,578,103 0.1 14,394,643 XXX12.6 Class6 366,011 547,189 75,625 99,750 1,088,575 6,768,174 1,088,575 XXX

12.7 Totals 1,151,327,091 7,319,581,958 10,858,888,894 2,036,997,750 751,082,985 22,117,878,678 97.2 20,208,037,639 97.5 22,117,878,678 XXX12.8 Line12.7asa%ofColumn6 5.2 33.1 49.1 9.2 3.4 100.0 XXX XXX XXX 100.0 XXX12.9 Line12.7asa%ofLine10.7,Column6,Section10 5.1 32.2 47.7 9.0 3.3 97.2 XXX XXX XXX 97.2 XXX

13.TotalPrivatelyPlacedBonds13.1 Class1 3,209,896 362,450,055 94,802,367 1,531,689 461,994,007 2.0 301,283,940 1.5 XXX 461,994,00713.2 Class2 4,998,257 79,163,468 84,161,725 0.4 105,878,627 0.5 XXX 84,161,72513.3 Class3 2,951,500 27,347,681 8,625,704 2,247,614 41,172,499 0.2 57,653,287 0.3 XXX 41,172,49913.4 Class4 596,712 11,465,544 25,957,834 38,020,090 0.2 53,724,036 0.3 XXX 38,020,09013.5 Class5 2,584,546 7,416,535 45,750 10,046,831 6,230,482 XXX 10,046,83113.6 Class6 1,777,260 130,085 56,925 102,601 2,066,871 1,000,654 XXX 2,066,871

13.7 Totals 11,756,365 484,788,554 136,932,525 3,836,228 148,351 637,462,023 2.8 525,771,026 2.5 XXX 637,462,02313.8 Line13.7asa%ofColumn6 1.8 76.0 21.5 0.6 100.0 XXX XXX XXX XXX 100.013.9 Line13.7asa%ofLine10.7,Column6,Section10 0.1 2.1 0.6 2.8 XXX XXX XXX XXX 2.8

(a)Includes$637,462,023freelytradableunderSECRule144orqualifiedforresaleunderSECRule144A.(b)Includes$ currentyear,$ prioryearofbondswithZdesignationsand$ currentyear,$ prioryearofbondswithZ*designations.Theletter"Z"meanstheNAICdesignationwasnotassignedbytheSecurities

ValuationOffice(SVO)atthedateofthestatement."Z*"meanstheSVOcouldnotevaluatetheobligationbecausevaluationproceduresforthesecurityclassisunderregulatoryreview.(c)Includes$ currentyear,$ prioryearofbondswith5*designationsand$ currentyear,$ prioryearofbondswith6*designations."5*"meanstheNAICdesignationwasassignedbytheSVOinrelianceonthe

insurer'scertificationthattheissueriscurrentinallprincipalandinterestpayments."6*"meanstheNAICdesignationwasassignedbytheSVOduetoinadequatecertificationofprincipalandinterestpayments.

25


SCHEDULE D - PART 1A - SECTION 2MaturityDistributionofAllBondsOwnedDecember31,AtBook/AdjustedCarryingValuesbyMajorTypeandSubtypeofIssues

1 2 3 4 5 6 7 8 9 10 11Over1Year Over5Years Over10Years Total Column6 TotalFrom %From Total Total

1Year Through Through Through Over20 Current asa%of Column6 Column7 Publicly PrivatelyDistributionbyType orLess 5Years 10Years 20Years Years Year Line10.7 PriorYear PriorYear Traded Placed

1.U.S.Governments,SchedulesDandDA(Group1)1.1 IssuerObligations 340,058,548 1,739,758,797 502,031,885 14,656,871 2,596,506,101 11.4 2,622,396,649 12.6 2,596,506,1011.2 SingleClassMortgage-Backed/Asset-BackedSecurities 26,866,853 26,866,853 0.1 40,029,783 0.2 26,866,853

1.7 Totals 340,058,548 1,739,758,797 502,031,885 41,523,724 2,623,372,954 11.5 2,662,426,432 12.8 2,623,372,954

2.AllOtherGovernments,SchedulesDandDA(Group2)2.1 IssuerObligations 20,769,447 127,744,319 56,548,934 1,764,972 1,079,081 207,906,753 0.9 156,707,954 0.8 207,906,7532.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:2.3 Defined2.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:2.5 Defined2.6 Other

2.7 Totals 20,769,447 127,744,319 56,548,934 1,764,972 1,079,081 207,906,753 0.9 156,707,954 0.8 207,906,753

3.States,TerritoriesandPossessions,Guaranteed,SchedulesDandDA(Group3)3.1 IssuerObligations 83,967,498 766,968,285 1,251,715,216 181,403,054 86,511,362 2,370,565,415 10.4 2,220,121,674 10.7 2,370,565,4153.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:3.3 Defined3.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:3.5 Defined3.6 Other

3.7 Totals 83,967,498 766,968,285 1,251,715,216 181,403,054 86,511,362 2,370,565,415 10.4 2,220,121,674 10.7 2,370,565,415

4.PoliticalSubdivisionsofStates,TerritoriesandPossessions,Guaranteed,SchedulesDandDA(Group4)4.1 IssuerObligations 139,801,953 488,254,433 1,332,043,421 104,070,984 32,880,964 2,097,051,755 9.2 1,791,644,722 8.6 2,097,051,7554.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:4.3 Defined4.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:4.5 Defined4.6 Other

4.7 Totals 139,801,953 488,254,433 1,332,043,421 104,070,984 32,880,964 2,097,051,755 9.2 1,791,644,722 8.6 2,097,051,755

5.SpecialRevenueandSpecialAssessmentObligationsetc.,Non-Guaranteed,SchedulesDandDA(Group5)5.1 IssuerObligations 418,873,102 2,199,269,324 5,683,250,099 880,513,504 200,406,039 9,382,312,068 41.2 8,318,595,347 40.1 9,382,312,0685.2 SingleClassMortgage-Backed/Asset-BackedSecurities 730,876,893 247,847,704 978,724,597 4.3 1,086,371,703 5.2 978,724,597MULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:5.3 Defined 3,388,866 356,449,414 734,525,533 15,771,792 4,081,173 1,114,216,778 4.9 632,270,849 3.0 1,114,216,7785.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:5.5 Defined5.6 Other

5.7 Totals 422,261,968 2,555,718,738 6,417,775,632 1,627,162,189 452,334,916 11,475,253,443 50.4 10,037,237,899 48.3 11,475,253,443

26


SCHEDULE D - PART 1A - SECTION 2 (continued)MaturityDistributionofAllBondsOwnedDecember31,AtBook/AdjustedCarryingValuesbyMajorTypeandSubtypeofIssues



6.PublicUtilities(Unaffiliated),SchedulesDandDA(Group6)6.1 IssuerObligations 6,998,476 114,229,762 157,159,040 44,328,085 29,691,351 352,406,714 1.5 306,615,373 1.5 351,990,714 416,0006.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:6.3 Defined6.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:6.5 Defined6.6 Other

6.7 Totals 6,998,476 114,229,762 157,159,040 44,328,085 29,691,351 352,406,714 1.5 306,615,373 1.5 351,990,714 416,000

7.IndustrialandMiscellaneous(Unaffiliated),SchedulesDandDA(Group7)7.1 IssuerObligations 121,675,893 1,245,627,086 809,099,435 64,200,505 100,626,101 2,341,229,020 10.3 2,493,739,448 12.0 2,056,910,685 284,318,3357.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:7.3 Defined 4,797,531 176,360,647 205,068,402 3,157,159 6,583,837 395,967,576 1.7 257,398,799 1.2 323,025,953 72,941,6237.4 Other 36,511 36,511 190,730,328 0.9 36,511MULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:7.5 Defined 22,751,895 530,513,527 264,379,702 14,747,030 832,392,154 3.7 604,919,823 2.9 569,676,409 262,715,7457.6 Other 59,158,406 59,158,406 0.3 12,266,213 0.1 42,124,597 17,033,809

7.7 Totals 149,225,319 2,011,696,177 1,278,547,539 82,104,694 107,209,938 3,628,783,667 15.9 3,559,054,611 17.1 2,991,737,644 637,046,023

8.CreditTenantLoans,SchedulesDandDA(Group8)8.1 IssuerObligations

8.7 Totals

9.Parent,SubsidiariesandAffiliates,SchedulesDandDA(Group9)9.1 IssuerObligations9.2 SingleClassMortgage-Backed/Asset-BackedSecuritiesMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:9.3 Defined9.4 OtherMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:9.5 Defined9.6 Other

9.7 Totals

27


SCHEDULE D - PART 1A - SECTION 2 (continued)MaturityDistributionofAllBondsOwnedDecember31,AtBook/AdjustedCarryingValuesbyMajorTypeandSubtypeofIssues



10.TotalBondsCurrentYear10.1 IssuerObligations 1,132,144,917 6,681,852,006 9,791,848,030 1,276,281,104 465,851,769 19,347,977,826 85.0 XXX XXX 19,063,243,491 284,734,33510.2 SingleClassMortgage-Backed/Asset-BackedSecurities 730,876,893 274,714,557 1,005,591,450 4.4 XXX XXX 1,005,591,450MULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:10.3 Defined 8,186,397 532,810,061 939,593,935 18,928,951 10,665,010 1,510,184,354 6.6 XXX XXX 1,437,242,731 72,941,62310.4 Other 36,511 36,511 XXX XXX 36,511MULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:10.5 Defined 22,751,895 530,513,527 264,379,702 14,747,030 832,392,154 3.7 XXX XXX 569,676,409 262,715,74510.6 Other 59,158,406 59,158,406 0.3 XXX XXX 42,124,597 17,033,809

10.7 Totals 1,163,083,209 7,804,370,511 10,995,821,667 2,040,833,978 751,231,336 22,755,340,701 100.0 XXX XXX 22,117,878,678 637,462,02310.8 Line10.7asa%ofColumn6 5.1 34.3 48.3 9.0 3.3 100.0 XXX XXX XXX 97.2 2.8

11.TotalBondsPriorYear11.1 IssuerObligations 1,235,719,975 5,899,350,733 8,808,939,169 1,397,292,196 568,519,094 XXX XXX 17,909,821,167 86.4 17,617,059,464 292,761,70311.2 SingleClassMortgage-Backed/Asset-BackedSecurities 877,865,843 248,535,643 XXX XXX 1,126,401,486 5.4 1,126,401,486MULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:11.3 Defined 19,927,750 298,796,379 533,283,325 29,344,085 8,318,109 XXX XXX 889,669,648 4.3 874,570,414 15,099,23411.4 Other 37,213 116,969,832 73,723,283 XXX XXX 190,730,328 0.9 173,566,006 17,164,322MULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:11.5 Defined 2,961,606 471,378,061 97,002,346 29,257,246 4,320,564 XXX XXX 604,919,823 2.9 404,174,056 200,745,76711.6 Other 12,266,213 XXX XXX 12,266,213 0.1 12,266,213

11.7 Totals 1,258,646,544 6,798,761,218 9,512,948,123 2,333,759,370 829,693,410 XXX XXX 20,733,808,665 100.0 20,208,037,639 525,771,02611.8 Line11.7asa%ofColumn8 6.1 32.8 45.9 11.3 4.0 XXX XXX 100.0 XXX 97.5 2.5

12.TotalPubliclyTradedBonds12.1 IssuerObligations 1,120,529,732 6,518,250,805 9,686,314,560 1,272,444,976 465,703,418 19,063,243,491 83.8 17,617,059,464 85.0 19,063,243,491 XXX12.2 SingleClassMortgage-Backed/Asset-BackedSecurities 730,876,893 274,714,557 1,005,591,450 4.4 1,126,401,486 5.4 1,005,591,450 XXXMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:12.3 Defined 8,186,397 478,030,219 921,432,154 18,928,951 10,665,010 1,437,242,731 6.3 874,570,414 4.2 1,437,242,731 XXX12.4 Other 173,566,006 0.8 XXXMULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:12.5 Defined 22,610,962 281,176,337 251,142,180 14,746,930 569,676,409 2.5 404,174,056 1.9 569,676,409 XXX12.6 Other 42,124,597 42,124,597 0.2 12,266,213 0.1 42,124,597 XXX

12.7 Totals 1,151,327,091 7,319,581,958 10,858,888,894 2,036,997,750 751,082,985 22,117,878,678 97.2 20,208,037,639 97.5 22,117,878,678 XXX12.8 Line12.7asa%ofColumn6 5.2 33.1 49.1 9.2 3.4 100.0 XXX XXX XXX 100.0 XXX12.9 Line12.7asa%ofLine10.7,Column6,Section10 5.1 32.2 47.7 9.0 3.3 97.2 XXX XXX XXX 97.2 XXX

13.TotalPrivatelyPlacedBonds13.1 IssuerObligations 11,615,435 163,601,199 105,533,222 3,836,128 148,351 284,734,335 1.3 292,761,703 1.4 XXX 284,734,33513.2 SingleClassMortgage-Backed/Asset-BackedSecurities XXXMULTI-CLASSRESIDENTIALMORTGAGE-BACKEDSECURITIES:13.3 Defined 54,779,842 18,161,781 72,941,623 0.3 15,099,234 0.1 XXX 72,941,62313.4 Other 36,511 36,511 17,164,322 0.1 XXX 36,511MULTI-CLASSCOMMERCIALMORTGAGE-BACKED/ASSET-BACKEDSECURITIES:13.5 Defined 140,930 249,337,193 13,237,522 100 262,715,745 1.2 200,745,767 1.0 XXX 262,715,74513.6 Other 17,033,809 17,033,809 0.1 XXX 17,033,809

13.7 Totals 11,756,365 484,788,554 136,932,525 3,836,228 148,351 637,462,023 2.8 525,771,026 2.5 XXX 637,462,02313.8 Line13.7asa%ofColumn6 1.8 76.0 21.5 0.6 100.0 XXX XXX XXX XXX 100.013.9 Line13.7asa%ofLine10.7,Column6,Section10 0.1 2.1 0.6 2.8 XXX XXX XXX XXX 2.8

28


SCHEDULE F - PART 1AssumedReinsuranceasofDecember31,CurrentYear(000Omitted)

1 2 3 4 5 ReinsuranceOn 8 9 10 11 12 13 14 15

6 7 AmountofAssets AmountofFundsHeldBy Pledgedor Assets

Federal NAIC PaidLossesand KnownCase Contingent Assumed orDeposited Compensating PledgedorID Company Assumed LossAdjustment Losses Column6 Commissions Premiums Unearned WithReinsured Lettersof BalancestoSecure Collateral

Number Code NameofReinsured DomiciliaryJurisdiction Premium Expenses andLAE plusColumn7 Payable Receivable Premium Companies CreditPosted LettersofCredit HeldinTrust

Affiliates-U.S.IntercompanyPoolingTOTAL-FEDERALINSURANCECOMPANY 2,751,890 1,640,017 1,640,017 27,326 372,438 1,416,388TOTAL-VIGILANTINSURANCECOMPANY 49,701 33,119 33,119 603 7,053 24,376TOTAL-GREATNORTHERNINSURANCECOMPANY 375,241 254,530 254,530 4,496 53,431 183,450TOTAL-PACIFICINDEMNITYCOMPANY 1,706,455 1,090,230 1,090,230 20,533 241,046 838,239TOTAL-CHUBBCUSTOMINSURANCECOMPANY 51,568 33,539 33,539 637 7,283 24,891TOTAL-CHUBBNATIONALINSURANCECOMPANY 52,977 34,335 34,335 638 7,489 25,977TOTAL-CHUBBINDEMNITYINSURANCECOMPANY 52,137 34,012 34,012 628 7,369 25,565TOTAL-EXECUTIVERISKINDEMNITYINC. 811,284 506,560 506,560 10,085 115,095 397,100TOTAL-EXECUTIVERISKSPECIALTYINSURANCECOMPANY 52,605 33,465 33,465 640 7,475 25,823TOTAL-QUADRANTINDEMNITYCOMPANY 53,211 34,394 34,394 642 7,524 26,104TOTAL-ELIMINATIONSCOMPANY (5,957,069) (3,694,201) (3,694,201) (66,228) (826,203) (2,987,913)

0199999-Subtotal-Affiliates-U.S.IntercompanyPooling

Affiliates-U.S.Non-PoolTOTAL-FEDERALINSURANCECOMPANY 113,102 62,390 62,390 1,203 24,499 52,949TOTAL-GREATNORTHERNINSURANCECOMPANY 169,131 24,162 24,162 1,804 26,261 86,900TOTAL-PACIFICINDEMNITYCOMPANY 47,075 31,247 31,247 603 7,015 22,808TOTAL-ELIMINATIONSCOMPANY (329,308) (117,799) (117,799) (3,610) (57,775) (162,657)

0299999-Subtotal-Affiliates-U.S.Non-Pool

Affiliates-Other(Non-U.S.)TOTAL-FEDERALINSURANCECOMPANY 154,552 15,033 104,151 119,184 18,028 7,901TOTAL-GREATNORTHERNINSURANCECOMPANY 299 299TOTAL-PACIFICINDEMNITYCOMPANY 19,533 8,428 49,757 58,185

0399999-Subtotal-Affiliates-Other(Non-U.S.) 174,085 23,461 154,207 177,668 18,028 7,901

0499999-Subtotal-Affiliates 174,085 23,461 154,207 177,668 18,028 7,901

OtherU.S.UnaffiliatedInsurersTOTAL-FEDERALINSURANCECOMPANY 712,071 333,633 333,633 221,947 48,252TOTAL-GREATNORTHERNINSURANCECOMPANY 213 309 309 62TOTAL-PACIFICINDEMNITYCOMPANY 778 1,036 1,036 334TOTAL-CHUBBINSURANCECOMPANYOFNEWJERSEY 8 8TOTAL-EXECUTIVERISKINDEMNITYINC. 11,191 917 917 3,093TOTAL-ELIMINATIONSCOMPANY 13 4

0599998-OtherU.S.UnaffiliatedInsurers-ReinsuranceforwhichthetotalofColumn8islessthan$100,000 77,082 2,181 2,181 17,416 140599999-Subtotal-OtherU.S.UnaffiliatedInsurers 724,710 336,062 336,062 225,598 48,252

Pools,AssociationsorOtherSimilarFacilities-MandatoryPoolsTOTAL-FEDERALINSURANCECOMPANY 54,308 53,603 53,603 19,418TOTAL-NORTHWESTERNPACIFICINDEMNITYCOMPANY 871 508 508 383TOTAL-CHUBBINSURANCECOMPANYOFNEWJERSEY 1,654 863 863 652

0699998-PoolsandAssociations-ReinsuranceforwhichthetotalofColumn8islessthan$100,000-MandatoryPools 2,569 894 894 1,5090699999-Subtotal-Pools,AssociationsorOtherSimilarFacilities-MandatoryPools 56,833 54,974 54,974 20,453

Pools,AssociationsorOtherSimilarFacilities-VoluntaryPoolsTOTAL-FEDERALINSURANCECOMPANY 3,863 298,076 298,076 49,137TOTAL-PACIFICINDEMNITYCOMPANY 508 508

0799998-PoolsandAssociations-ReinsuranceforwhichthetotalofColumn8islessthan$100,000-VoluntaryPools 511 244 244 2230799999-Subtotal-Pools,AssociationsorOtherSimilarFacilities-VoluntaryPools 3,863 298,584 298,584 49,137

34


SCHEDULE F - PART 1AssumedReinsuranceasofDecember31,CurrentYear(000Omitted)

1 2 3 4 5 ReinsuranceOn 8 9 10 11 12 13 14 15

6 7 AmountofAssets AmountofFundsHeldBy Pledgedor Assets

Federal NAIC PaidLossesand KnownCase Contingent Assumed orDeposited Compensating PledgedorID Company Assumed LossAdjustment Losses Column6 Commissions Premiums Unearned WithReinsured Lettersof BalancestoSecure Collateral

Number Code NameofReinsured DomiciliaryJurisdiction Premium Expenses andLAE plusColumn7 Payable Receivable Premium Companies CreditPosted LettersofCredit HeldinTrust

0899999-Subtotal-PoolsandAssociations 60,696 353,558 353,558 69,590

OtherNon-U.S.InsurersTOTAL-FEDERALINSURANCECOMPANY 252,681 534 107,204 107,738 75,310 1,771TOTAL-VIGILANTINSURANCECOMPANY (12) 739 739TOTAL-GREATNORTHERNINSURANCECOMPANY 2,770 142 142 1,137TOTAL-EXECUTIVERISKINDEMNITYINC. 26,414 26,414

0999998-OtherNon-U.S.Insurers-ReinsuranceforwhichthetotalofColumn8islessthan$100,000 110,160 230 (2,936) (2,706) 37,697 4250999999-Subtotal-OtherNon-U.S.Insurers 255,439 534 134,574 135,108 76,447 1,771

9999999-TOTAL-ScheduleF,Part1 1,214,930 23,995 978,401 1,002,396 389,663 57,924

34.1


Page 35Sch.F,Pt.2,PremiumPortfolioReinsuranceEffectedorCanceled

NONE

Page35


SCHEDULE F - PART 3CededReinsuranceasofDecember31,CurrentYear(000Omitted)

1 2 3 4 5 6 18 19Reinsurance ReinsuranceRecoverableOn ReinsurancePayable

Contracts NetAmountCeding75% 7 8 9 10 11 12 13 14 15 16 17 Recoverable FundsHeldorMoreof Column7 Other From byCompany

Federal NAIC Direct Reinsurance KnownCase through Ceded Amounts Reinsurers UnderID Company Premiums Premiums Paid Paid KnownCase LAE IBNR IBNRLAE Unearned Contingent Column14 Balances Dueto Columns15- Reinsurance

Number Code NameofReinsurer DomiciliaryJurisdiction Written Ceded Losses LAE LossReserves Reserves LossReserves Reserves Premiums Commissions Totals Payable Reinsurers (16+17) Treaties

Authorized-Affiliates-U.S.IntercompanyPoolingTOTAL-FEDERALINSURANCECOMPANY 2,168,560 1,238,491 240,038 2,005,625 401,633 1,031,553 28,719 4,946,059 316,415 4,629,644TOTAL-VIGILANTINSURANCECOMPANY 708,643 212,837 42,477 301,410 86,338 348,370 7,771 999,203 94,686 904,517TOTAL-GREATNORTHERNINSURANCECOMPANY 1,328,129 477,020 83,605 327,029 95,511 663,348 16,356 1,662,869 178,311 1,484,558TOTAL-PACIFICINDEMNITYCOMPANY 521,850 367,399 75,975 188,032 43,011 251,021 6,275 931,713 79,171 852,542TOTAL-CHUBBCUSTOMINSURANCECOMPANY 337,879 142,715 29,724 252,736 99,126 246,004 1,003 771,308 48,864 722,444TOTAL-CHUBBNATIONALINSURANCECOMPANY 56,675 11,577 1,731 8,427 1,477 29,775 765 53,752 7,914 45,838TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 223,795 65,446 12,169 50,425 8,163 111,808 2,797 250,808 31,846 218,962TOTAL-EXECUTIVERISKINDEMNITYINC. 470,773 341,834 162,486 598,377 238,762 240,861 2,083 1,584,403 61,683 1,522,720TOTAL-EXECUTIVERISKSPECIALTYINSURAN 130,640 134,558 51,826 250,938 69,633 60,567 459 567,981 10,771 557,210TOTAL-QUADRANTINDEMNITYCOMPANY 10,198 1,487 144 1,761 340 4,627 8,359 999 7,360TOTAL-ELIMINATIONSCOMPANY (5,957,142) (2,993,364) (700,175) (3,984,760) (1,043,994) (2,987,934) (66,228) (11,776,455) (830,660) (10,945,795)

0199999-Subtotal-Authorized-Affiliates-U.S.IntercompanyPooling

Authorized-Affiliates-U.S.Non-PoolTOTAL-NORTHWESTERNPACIFICINDEMNITYC 38,449 21,254 3,901 20,534 4,537 19,010 468 69,704 5,039 64,665TOTAL-TEXASPACIFICINDEMNITYCOMPANY 8,626 4,740 1,352 11,280 2,870 3,798 135 24,175 1,976 22,199TOTAL-CHUBBINSURANCECOMPANYOFNEWJ 113,102 50,856 11,534 75,278 10,200 52,949 1,203 202,020 24,499 177,521TOTAL-CHUBBLLOYDSINSURANCECOMPANYO 169,131 20,177 3,985 36,455 5,654 86,900 1,804 154,975 26,261 128,714TOTAL-ELIMINATIONSCOMPANY (329,308) (97,027) (20,772) (143,547) (23,261) (162,657) (3,610) (450,874) (57,775) (393,099)

0299999-Subtotal-Authorized-Affiliates-U.S.Non-Pool

NOTE:A.Reportthefivelargestprovisionalcommissionratesincludedinthecedant'sreinsurancetreaties.Thecommissionratetobereportedisbycontractwithcededpremiuminexcessof$50,000:

1 2 3NameofReinsurer CommissionRate CededPremium

1) SPACINSURANCELTD. 46.815 779,9322) DELAGELANDENRELTD. 40.800 3,989,8533) HARBORISLANDINDEMNITYLTD. 37.688 5,043,5454) HARBORISLANDINDEMNITYLTD. 35.936 8,928,9375) CHUBBATLANTICINDEMNITYLTD. 33.076 25,741,024

B.ReportthefivelargestreinsurancerecoverablesreportedinColumn15,duefromanyonereinsurer(basedonthetotalrecoverables,Line9999999,Column15),theamountofcededpremium,andindicatewhethertherecoverablesareduefromanaffiliatedinsurer.

1 2 3 4NameofReinsurer TotalRecoverables CededPremium Affiliated

1) ASSOCIATEDAVIATIONUNDERWRITERS 422,993,060 9,968,009 Yes()No()2) TRANSATLANTICREINCO 250,423,338 33,944,329 Yes()No()3) SWISSREINAMERCORP 243,820,056 44,363,280 Yes()No()4) GENERALREINSURANCECORPORATION 143,647,494 46,418,692 Yes()No()5) XLREINSURANCEAMERICA,INC 96,271,066 16,488,151 Yes()No()

36







Authorized-OtherU.S.UnaffiliatedInsurersTOTAL-FEDERALINSURANCECOMPANY 212,543 131,659 34,523 547,572 42,775 317,517 62,900 78,352 258 1,215,556 94,837 1,120,719 56,179TOTAL-VIGILANTINSURANCECOMPANY 1,946 903 248 3,886 325 2,329 468 676 2 8,837 744 8,093 415TOTAL-GREATNORTHERNINSURANCECOMPANY 9,740 7,172 1,999 29,889 2,482 17,416 3,501 3,603 15 66,077 4,751 61,326 2,697TOTAL-PACIFICINDEMNITYCOMPANY 45,762 30,671 8,595 132,583 10,921 76,871 15,293 16,524 65 291,523 20,950 270,573 14,021TOTAL-CHUBBCUSTOMINSURANCECOMPANY 1,321 904 251 3,934 317 2,210 446 475 2 8,539 648 7,891 414TOTAL-CHUBBNATIONALINSURANCECOMPANY 1,470 904 251 3,955 314 2,244 458 544 2 8,672 636 8,036 415TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 1,471 903 248 3,886 325 2,245 458 545 2 8,612 648 7,964 415TOTAL-EXECUTIVERISKINDEMNITYINC. 21,264 14,450 4,094 62,863 5,016 35,722 7,064 7,524 30 136,763 10,012 126,751 6,601TOTAL-EXECUTIVERISKSPECIALTYINSURAN 1,321 863 251 3,521 317 2,208 443 476 2 8,081 610 7,471 415TOTAL-QUADRANTINDEMNITYCOMPANY 1,321 863 251 3,521 317 2,208 443 476 2 8,081 610 7,471 415TOTAL-ELIMINATIONSCOMPANY 80 (2) (1) (36) (26) 17 (48) (2,470) 2,422 1

0599999-Subtotal-Authorized-OtherU.S.UnaffiliatedInsurers 298,239 189,292 50,711 795,608 63,108 460,934 91,448 109,212 380 1,760,693 131,976 1,628,717 81,988

Authorized-Pools-MandatoryPoolsTOTAL-FEDERALINSURANCECOMPANY 10,996 1,124 6 5,024 167 1,752 235 100 8,408 (5,241) 13,649TOTAL-VIGILANTINSURANCECOMPANY 80 9 37 1 12 1 1 61 (38) 99TOTAL-GREATNORTHERNINSURANCECOMPANY 620 (22) 125 2 94 12 211 (298) 509TOTAL-PACIFICINDEMNITYCOMPANY 181 282 2 1,257 41 86 19 23 1,710 (89) 1,799TOTAL-CHUBBCUSTOMINSURANCECOMPANY 77 (3) 16 11 1 25 (37) 62TOTAL-CHUBBNATIONALINSURANCECOMPANY 81 9 37 1 12 1 1 61 (38) 99TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 80 9 37 1 12 1 1 61 (38) 99TOTAL-EXECUTIVERISKINDEMNITYINC. 1,240 (44) 1 250 3 188 25 423 (597) 1,020TOTAL-EXECUTIVERISKSPECIALTYINSURAN 77 (3) 16 11 1 25 (37) 62TOTAL-QUADRANTINDEMNITYCOMPANY 77 (3) 16 11 1 25 (37) 62

0699999-Subtotal-Authorized-Pools-MandatoryPools 13,509 1,358 9 6,815 216 2,189 297 126 11,010 (6,450) 17,460

Authorized-Pools-VoluntaryPoolsTOTAL-FEDERALINSURANCECOMPANY 19,709 33 29 336,234 17,839 42,709 12,324 30,068 439,236 (1,285) 440,521TOTAL-VIGILANTINSURANCECOMPANY 114 269 5 23 221 518 (10) 528TOTAL-GREATNORTHERNINSURANCECOMPANY 900 1,773 24 180 1,768 3,745 (67) 3,812TOTAL-PACIFICINDEMNITYCOMPANY 3,868 9 7 9,049 213 776 4 7,517 17,575 (324) 17,899TOTAL-CHUBBCUSTOMINSURANCECOMPANY 113 221 2 23 221 467 (9) 476TOTAL-CHUBBNATIONALINSURANCECOMPANY 114 265 5 23 221 514 (9) 523TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 114 269 5 23 221 518 (10) 528TOTAL-EXECUTIVERISKINDEMNITYINC. 1,801 3 1 3,545 48 361 3,536 7,494 (153) 7,647TOTAL-EXECUTIVERISKSPECIALTYINSURAN 116 167 3 11 227 408 408TOTAL-QUADRANTINDEMNITYCOMPANY 116 167 3 11 227 408 408

0799999-Subtotal-Authorized-Pools-VoluntaryPools 26,965 45 37 351,959 18,147 44,140 12,328 44,227 470,883 (1,867) 472,750

Authorized-OtherNon-U.S.InsurersTOTAL-FEDERALINSURANCECOMPANY 152,555 41,202 17,306 296,069 19,432 101,764 23,289 15,768 514,830 48,466 466,364 2,032TOTAL-VIGILANTINSURANCECOMPANY 1,197 247 112 1,731 137 686 126 150 3,189 374 2,815 14TOTAL-GREATNORTHERNINSURANCECOMPANY 7,796 1,908 903 13,205 1,083 5,117 1,014 822 24,052 2,709 21,343 118TOTAL-PACIFICINDEMNITYCOMPANY 35,140 8,215 3,864 58,746 4,636 22,308 4,431 3,512 105,712 12,356 93,356 508TOTAL-CHUBBCUSTOMINSURANCECOMPANY 975 247 112 1,625 136 641 126 101 2,988 342 2,646 14TOTAL-CHUBBNATIONALINSURANCECOMPANY 1,039 262 125 1,745 142 664 129 100 3,167 360 2,807 14TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 1,037 247 112 1,731 136 660 125 100 3,111 362 2,749 14TOTAL-EXECUTIVERISKINDEMNITYINC. 15,539 3,864 1,806 26,006 2,187 9,892 2,079 1,645 47,479 5,499 41,980 235TOTAL-EXECUTIVERISKSPECIALTYINSURAN 1,041 247 113 1,758 137 681 125 101 3,162 360 2,802 14TOTAL-QUADRANTINDEMNITYCOMPANY 1,041 247 113 1,758 137 681 125 101 3,162 360 2,802 14

0899999-Subtotal-Authorized-OtherNon-U.S.Insurers 217,360 56,686 24,566 404,374 28,163 143,094 31,569 22,400 710,852 71,188 639,664 2,977

0999999-Subtotal-Authorized 556,073 247,381 75,323 1,558,756 109,634 650,357 135,642 175,965 380 2,953,438 194,847 2,758,591 84,965

36.1







Unauthorized-Affiliates-Other(Non-U.S.)TOTAL-FEDERALINSURANCECOMPANY 22,281 1,056 425 1,698 423 11,723 2,812 10,294 28,431 1,050 27,381 15,980TOTAL-VIGILANTINSURANCECOMPANY 160 8 3 12 3 111 31 75 243 8 235 117TOTAL-GREATNORTHERNINSURANCECOMPANY 1,278 62 25 99 25 684 162 599 1,656 62 1,594 940TOTAL-PACIFICINDEMNITYCOMPANY 5,432 264 106 424 106 2,907 689 2,548 7,044 262 6,782 3,995TOTAL-CHUBBCUSTOMINSURANCECOMPANY 160 8 3 12 3 85 21 75 207 8 199 117TOTAL-CHUBBNATIONALINSURANCECOMPANY 160 8 3 12 3 85 21 75 207 8 199 117TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 160 8 3 12 3 85 21 75 207 8 199 117TOTAL-EXECUTIVERISKINDEMNITYINC. 2,556 124 50 200 50 1,369 324 1,199 3,316 123 3,193 1,880TOTAL-EXECUTIVERISKSPECIALTYINSURAN 160 8 3 12 3 85 21 75 207 8 199 117TOTAL-QUADRANTINDEMNITYCOMPANY 160 8 3 12 3 85 21 75 207 8 199 117

1299999-Subtotal-Unauthorized-Affiliates-Other(Non-U.S.) 32,507 1,554 624 2,493 622 17,219 4,123 15,090 41,725 1,545 40,180 23,497

1399999-Subtotal-Unauthorized-Affiliates 32,507 1,554 624 2,493 622 17,219 4,123 15,090 41,725 1,545 40,180 23,497

Unauthorized-OtherU.S.UnaffiliatedInsurersTOTAL-FEDERALINSURANCECOMPANY 23,918 3,900 452 7,665 2,957 7,685 2,210 4,257 29,126 7,085 22,041 2TOTAL-VIGILANTINSURANCECOMPANY 175 28 6 122 10 53 18 31 268 56 212TOTAL-GREATNORTHERNINSURANCECOMPANY 3,494 291 75 2,158 176 1,142 264 964 5,070 841 4,229 609TOTAL-PACIFICINDEMNITYCOMPANY 10,496 1,036 217 3,684 367 3,192 693 2,870 12,059 3,095 8,964 26TOTAL-CHUBBCUSTOMINSURANCECOMPANY 327 27 3 74 18 88 30 100 340 69 271 1TOTAL-CHUBBNATIONALINSURANCECOMPANY 176 27 3 53 21 58 17 31 210 68 142TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 175 28 6 122 10 53 18 31 268 56 212TOTAL-EXECUTIVERISKINDEMNITYINC. 5,211 466 52 1,221 291 1,397 455 1,606 5,488 1,206 4,282 12TOTAL-EXECUTIVERISKSPECIALTYINSURAN 328 68 3 487 18 90 32 100 798 94 704TOTAL-QUADRANTINDEMNITYCOMPANY 328 68 3 487 18 90 32 100 798 94 704TOTAL-ELIMINATIONSCOMPANY 1 1 1

1499999-Subtotal-Unauthorized-OtherU.S.UnaffiliatedInsurers 44,628 5,939 820 16,073 3,886 13,849 3,769 10,090 54,426 12,664 41,762 650

Unauthorized-Pools-MandatoryPoolsTOTAL-FEDERALINSURANCECOMPANY 129 70 5 75 75TOTAL-VIGILANTINSURANCECOMPANY 2 1 1 1TOTAL-GREATNORTHERNINSURANCECOMPANY 34 87 175 8 9 1 6 286 (10) 296TOTAL-PACIFICINDEMNITYCOMPANY 2,600 17 1 352 40 2 412 (1,221) 1,633TOTAL-CHUBBCUSTOMINSURANCECOMPANY 5 12 22 1 1 1 37 (1) 38TOTAL-CHUBBNATIONALINSURANCECOMPANY 1 1 1 1TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 2 1 1 1TOTAL-EXECUTIVERISKINDEMNITYINC. 70 176 348 17 19 2 12 574 (20) 594TOTAL-EXECUTIVERISKSPECIALTYINSURAN 5 12 22 1 1 1 37 (1) 38TOTAL-QUADRANTINDEMNITYCOMPANY 5 12 22 1 1 1 37 (1) 38

1599999-Subtotal-Unauthorized-Pools-MandatoryPools 2,853 299 679 34 383 43 23 1,461 (1,254) 2,715

Unauthorized-Pools-VoluntaryPoolsTOTAL-FEDERALINSURANCECOMPANY 2,937 31 46 130,152 4,282 11,072 3,675 811 150,069 (78) 150,147TOTAL-VIGILANTINSURANCECOMPANY 3 12 6 18 18TOTAL-GREATNORTHERNINSURANCECOMPANY 37 470 28 5 49 552 552TOTAL-PACIFICINDEMNITYCOMPANY 110 3 3 501 6 19 1 203 736 (18) 754TOTAL-CHUBBCUSTOMINSURANCECOMPANY 4 60 3 6 69 69TOTAL-CHUBBNATIONALINSURANCECOMPANY 3 16 6 22 22TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 3 12 6 18 18TOTAL-EXECUTIVERISKINDEMNITYINC. 72 5 942 54 9 96 1,106 1,106TOTAL-EXECUTIVERISKSPECIALTYINSURAN 1 113 3 12 128 (9) 137TOTAL-QUADRANTINDEMNITYCOMPANY 1 113 3 12 128 (9) 137

1699999-Subtotal-Unauthorized-Pools-VoluntaryPools 3,171 39 49 132,391 4,379 11,129 3,676 1,183 152,846 (114) 152,960

36.2







Unauthorized-OtherNon-U.S.InsurersTOTAL-FEDERALINSURANCECOMPANY 164,596 14,398 4,542 227,521 10,256 120,178 15,682 37,940 430,517 44,014 386,503 5,058TOTAL-VIGILANTINSURANCECOMPANY 1,136 97 40 1,552 81 803 106 154 2,833 343 2,490 35TOTAL-GREATNORTHERNINSURANCECOMPANY 9,245 765 340 13,102 643 6,427 895 1,233 23,405 2,898 20,507 277TOTAL-PACIFICINDEMNITYCOMPANY 37,275 3,137 1,461 53,044 2,709 28,873 3,692 5,240 98,156 11,724 86,432 1,190TOTAL-CHUBBCUSTOMINSURANCECOMPANY 1,160 97 40 1,660 80 832 111 152 2,972 359 2,613 34TOTAL-CHUBBNATIONALINSURANCECOMPANY 1,098 82 27 1,543 73 801 106 152 2,784 341 2,443 34TOTAL-CHUBBINDEMNITYINSURANCECOMPAN 1,098 97 40 1,554 78 807 107 152 2,835 341 2,494 34TOTAL-EXECUTIVERISKINDEMNITYINC. 18,533 1,483 680 26,615 1,275 13,183 1,742 2,471 47,449 5,788 41,661 554TOTAL-EXECUTIVERISKSPECIALTYINSURAN 1,094 97 39 1,530 79 784 107 152 2,788 341 2,447 34TOTAL-QUADRANTINDEMNITYCOMPANY 1,094 97 39 1,530 79 784 107 152 2,788 341 2,447 34

1799999-Subtotal-Unauthorized-OtherNon-U.S.Insurers 236,329 20,350 7,248 329,651 15,353 173,472 22,655 47,798 616,527 66,490 550,037 7,284

1899999-Subtotal-Unauthorized 319,488 28,181 8,741 481,287 24,274 216,052 34,266 74,184 866,985 79,331 787,654 31,431

1999999-Subtotal-AuthorizedandUnathorized 875,561 275,562 84,064 2,040,043 133,908 866,409 169,908 250,149 380 3,820,423 274,178 3,546,245 116,396

9999999-TOTAL-ScheduleF,Part3 875,561 275,562 84,064 2,040,043 133,908 866,409 169,908 250,149 380 3,820,423 274,178 3,546,245 116,396

36.3


SCHEDULE F - PART 4AgingofCededReinsuranceasofDecember31,CurrentYear(000Omitted)

1 2 3 4 ReinsuranceRecoverableonPaidLossesandPaidLossAdjustmentExpenses 12 13

5 Overdue 11 PercentagemorePercentage Than120Days

6 7 8 9 10 Overdue OverdueFederal NAIC TotalOverdue TotalDue Column10 Column9

ID Company Columns6+ Column5plus dividedby dividedbyNumber Code NameofReinsurer DomiciliaryJurisdiction Current 1to29Days 30-90Days 91-120Days Over120Days 7+8+9 Column10 Column11 Column11

Authorized-OtherU.S.UnaffiliatedInsurersTOTAL-FEDERALINSURANCECOMPANY 52,792 27,169 3,875 82,346 113,390 166,182 68.232 49.552TOTAL-VIGILANTINSURANCECOMPANY 310 200 28 613 841 1,151 73.067 53.258TOTAL-GREATNORTHERNINSURANCECOMPANY 2,504 1,568 228 4,871 6,667 9,171 72.697 53.113TOTAL-PACIFICINDEMNITYCOMPANY 10,624 6,712 966 20,964 28,642 39,266 72.944 53.390TOTAL-CHUBBCUSTOMINSURANCECOMPANY 310 199 28 618 845 1,155 73.160 53.507TOTAL-CHUBBNATIONALINSURANCECOMPANY 310 200 28 617 845 1,155 73.160 53.420TOTAL-CHUBBINDEMNITYINSURANCECOMPANY 310 200 28 613 841 1,151 73.067 53.258TOTAL-EXECUTIVERISKINDEMNITYINC. 4,996 3,162 455 9,931 13,548 18,544 73.059 53.554TOTAL-EXECUTIVERISKSPECIALTYINSURANCECOMP 309 188 26 591 805 1,114 72.262 53.052TOTAL-QUADRANTINDEMNITYCOMPANY 309 188 26 591 805 1,114 72.262 53.052

0599999-Subtotal-Authorized-OtherU.S.UnaffiliatedInsurers 72,774 39,786 5,688 121,755 167,229 240,003 69.678 50.731

Authorized-Pools-MandatoryTOTAL-FEDERALINSURANCECOMPANY 1,130 1,130TOTAL-VIGILANTINSURANCECOMPANY 9 9TOTAL-GREATNORTHERNINSURANCECOMPANY (22) (22)TOTAL-PACIFICINDEMNITYCOMPANY 284 284TOTAL-CHUBBCUSTOMINSURANCECOMPANY (3) (3)TOTAL-CHUBBNATIONALINSURANCECOMPANY 9 9TOTAL-CHUBBINDEMNITYINSURANCECOMPANY 9 9TOTAL-EXECUTIVERISKINDEMNITYINC. (43) (43)TOTAL-EXECUTIVERISKSPECIALTYINSURANCECOMP (3) (3)TOTAL-QUADRANTINDEMNITYCOMPANY (3)

chubb combined annual statemen 5113

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