<br />~..Libcrtv
<br />~ 1\1utual
<br />
<br />SAFECO INSURANCE COMPANY OF AMERICA
<br />
<br />FINANClAL STATEMENT - DECEMBER 31, 2008
<br />
<br />Assets
<br />Cash and Bank Deposits ...;.................................. $ 267,363,750.
<br />"Bonds - U.S Government..:.......................................... 13,359,352
<br />"Other Bonds............ ............................................... 2,353,906,395
<br />"Stocks .................................................................... 281,831,749
<br />
<br />Real Estate..................................................................... 0
<br />
<br />Agents' Balances or Uncollected Premiums................. 557,216,809
<br />Accrued Interest and Rents.................................... 34,037,369
<br />Other Admitted Assets........................................... 444.517.784
<br />
<br />Total Admitted Assets ................................... $3 952 233 20R .
<br />
<br />
<br />Liabilities
<br />
<br />Unearned P.remiums.............................................. $ 666,660,985
<br />Reserve for Claims and Claims Expense ...................1,577,767,462
<br />Funds Held Under Reinsurance Treaties............... 430,979
<br />Reserve for Dividends to Policyholders......................... 2,164,985
<br />Additional Statutory Reserve ................................
<br />Reserve for Commissions, Taxes and
<br />Other Liabilities .............................................. 935.383.360
<br />
<br />Total........................................................... $3,128,407,771
<br />Special Surplus Funds...... $ 3,399,995
<br />Capital Stock................................ 5,000,000
<br />Paid in Surplus ................................346,118,108
<br />Unassigned Surplus................... 415.307.334
<br />Surplus to Policyholders............................. 769.825,437
<br />Total Liabilities and Surplus.............................. $3.952 233 20R
<br />
<br />.' Bonds are stated at amortized or investment value; Stocks at Association Market Values.
<br />Securities carried at $113,984,922 are deposited as required by law.
<br />
<br />\, TIM MIKOLAJEWSKI, Vice-President of SAFECO Insurance Company of America, do hereby certify that the foregoing is a true, and
<br />. correct statement of the Assets and Liabilities of said Corporation, as of December 31,2008, to the best of my knowledge and belief.
<br />
<br />................................................................................................
<br />
<br />ACKNOWLEDGMENT OF SURETY COMPANY
<br />STATE OF ...~.X9~.........} ss
<br />COUNTY OF .t~N?~A-Y... .........
<br />
<br />On thIs ....t.p..~iJ.;},.~Q9fL....................., before me personally came ....I.~.9.r:ry.~.~..I?~?~...................................
<br />
<br />to me known, who,. being by me duly sworn, dId depose and say; that he/she resides In
<br />
<br />...~.~.~9.1.~.9.~~D.tx.................................., State of ...~:~?~..... ... ......t that he/she Is the Attorney-In-Fact of the
<br />
<br />._..~Flte.c;o.Jn~~r.Gln~e.~QrDp.?l.r;1Y..9U~\f!1.E~lr.iEijI....."... ...... ..... ..... the corporation described In which exeouted the
<br />
<br />above Instrument; that he/she knows the seal of said corporatIon; that the seal affixed to saId Instrum(mt Is
<br />such corporate seal; that Is was so affixe.d by the Boatd of Directors of said corporatIon; and that he/she sIgned
<br />hls/her . name thereto by like order; and the affiant did further depose and say that the Superintendent of
<br />Insurance of the State of New York. has pursuant to Sectlon-1111 of the' Insurance Law of the State of New
<br />York, Issued. to' ..Sp.f~.G9.,1nl>.l}rf!n~~.~9mp.ijIny..9f,-!1I)J~ricR......."........."..,.......... (Surety) hlalher certificate of
<br />quallfloat/on evIdencing the qualification of said Company and Its au ency under an law of the State of New
<br />
<br />~:",,: ~:'~~':~~.,"nlor, .nd the propriety of .:~~Z5...:~ ..~...~Cr...~~.I~~I.~~~~.~~I~"..~
<br />
<br />GUa AOCERSOft -.... .. otary Public .
<br />IIatIIY PuIlIIc. State of NeW -
<br />No. 01AC6U1S90
<br />IV acknowledgement ~ =:. ~d
<br />
|