Forward Mutual log books

FORWARD MUTUAL INSURANCE COMPANY

PROFORMA STATEMENT OF ADMITTED ASSETS, LIABILITIES, AND POLICYHOLDERS
SURPLUS–STATUTORY BASIS
December 31, 2016

 

ADMITTED ASSETS

Cash and invested cash

$592,139

Bonds

4,236,404

Stocks and mutual funds

2,099,904

Real estate

325,456

Uncollected premiums

190,416

Investment income due or accrued

37,303

Fire dues recoverable

597

Federal income taxes recoverable

 — 

Furniture and fixtures

993

Total Assets

$7,483,212

Less non-admitted assets:
Furniture and fixtures

(993)

TOTAL ADMITTED ASSETS

$7,482,219

 

LIABILITIES AND POLICYHOLDERS SURPLUS

LIABILITIES

Net unpaid losses

$40,100

Unpaid loss adjustment expenses

2,575

Commissions and accounts payable

90,595

Unearned premiums

772,779

Premiums received in advance

45,815

Reinsurance premiums payable

45,366

Federal income taxes payable

62,130

Total Liabilities

$1,059,360

POLICYHOLDERS SURPLUS

$6,422,859

TOTAL LIABILITIES AND POLICYHOLDERS SURPLUS

$7,482,219

 

Forward Mutual welcomes any questions regarding our financial stability.

 

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