FORWARD MUTUAL INSURANCE COMPANY
PROFORMA STATEMENT OF ADMITTED ASSETS, LIABILITIES, AND POLICYHOLDERS
SURPLUS–STATUTORY BASIS
December 31, 2017
ADMITTED ASSETS
Cash and invested cash |
$442, 331 |
Bonds |
4,364,849 |
Stocks and mutual funds |
2,588,660 |
Real estate |
309,947 |
Uncollected premiums |
185,701 |
Investment income due or accrued |
37,687 |
Fire dues recoverable |
404 |
Furniture and fixtures |
4,779 |
Total Assets |
$7,934,358 |
Less non-admitted assets: |
(4,779) |
TOTAL ADMITTED ASSETS |
$7,929,579 |
LIABILITIES AND POLICYHOLDERS SURPLUS
LIABILITIES |
Net unpaid losses |
$44,410 |
Unpaid loss adjustment expenses |
2,375 |
Commissions and accounts payable |
86,916 |
Unearned premiums |
729,599 |
Premiums received in advance |
38,828 |
Reinsurance premiums payable |
43,973 |
Federal income taxes payable |
392 |
Total Liabilities |
$946,493 |
POLICYHOLDERS SURPLUS |
$6,983,086 |
TOTAL LIABILITIES AND POLICYHOLDERS SURPLUS |
$7,929,579 |