Forward Mutual log books

FORWARD MUTUAL INSURANCE COMPANY

PROFORMA STATEMENT OF ADMITTED ASSETS, LIABILITIES, AND POLICYHOLDERS
SURPLUS–STATUTORY BASIS
December 31, 2021

 

ADMITTED ASSETS

Cash and Invested Cash

$148,290

Bonds

4,946,160

Stocks and Mutual Funds

3,516,246

Real Estate

 257,083

Total Cash and Investments

8,867,779

Uncollected Premiums

156,489

Investment Income Due or Accrued

39,355

Fire Dues Recoverable

556

Federal Income Taxes Recoverable

37,500

Electronic Data Processing Equipment

5,812

Furniture and Fixtures

4,934

Total Assets

$9,112,425

Less Nonadmitted Assets:
Furniture and Fixtures

(4,934)

TOTAL ADMITTED ASSETS

$9,107,491

 

LIABILITIES AND POLICYHOLDERS SURPLUS

LIABILITIES

Net Unpaid Losses

$57,467

Unpaid Loss Adjustment Expenses

2,125

Commissions and Accounts Payable

55,077

Other Liabilities

3,200

Unearned Premiums

675,110

Premiums Received in Advance

32,549

Reinsurance Premiums Payable

26,397

Deferred Income Taxes

142,000

Total Liabilities

$993,925

POLICYHOLDERS SURPLUS

$ 8,113,566

TOTAL LIABILITIES AND POLICYHOLDERS SURPLUS

$9,107,491

 

Forward Mutual welcomes any questions regarding our financial stability.

 

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