Forward Mutual log books

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:
Furniture and fixtures

(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

 

Forward Mutual welcomes any questions regarding our financial stability.

 

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