Forward Mutual log books

FORWARD MUTUAL INSURANCE COMPANY

PROFORMA STATEMENT OF ADMITTED ASSETS, LIABILITIES, AND POLICYHOLDERS
SURPLUS–STATUTORY BASIS
December 31, 2018

 

ADMITTED ASSETS

Cash and invested cash

$453,531

Bonds

4,489,829

Stocks and mutual funds

2,650,851

Real estate

294,736

Uncollected premiums

185,761

Investment income due or accrued

37,240

Fire dues recoverable

762

Federal income taxes recoverable

522

Other receivables

25,580

Furniture and fixtures

3,591

Total Assets

$8,142,403

Less non-admitted assets:
Furniture and fixtures

(3,591)

TOTAL ADMITTED ASSETS

$8,138,812

 

LIABILITIES AND POLICYHOLDERS SURPLUS

LIABILITIES

Net unpaid losses

$28,800

Unpaid loss adjustment expenses

2,423

Commissions and accounts payable

93,620

Unearned premiums

722,781

Premiums received in advance

15,022

Reinsurance premiums payable

39,747

Total Liabilities

$902,393

POLICYHOLDERS SURPLUS

$7,236,419

TOTAL LIABILITIES AND POLICYHOLDERS SURPLUS

$8,138,812

 

Forward Mutual welcomes any questions regarding our financial stability.

 

Contact us today for security and attention to your ownership needs.