Cna Financial CorporationNYSE: CNA

Insurance Regulatory Filing (12/31/2025)

· Issued by Cna Financial Corporation


PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION

ANNUAL STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2025 OF THE CONDITION AND AFFAIRS OF THE

Western Surety Company

NAIC Group Code 0218 0218 NAIC Company Code 13188 Employer's ID Number 46-0204900

(Current) (Prior)

Organized under the Laws of SD , State of Domicile or Port of Entry SD Country of Domicile United States of America

Incorporated/Organized 07/16/1900 Commenced Business 07/20/1900 Statutory Home Office 101 S. Reid Street , Sioux Falls, SD, US 57103

(Street and Number) (City or Town, State, Country and Zip Code)

Main Administrative Office 151 N. Franklin Street (Street and Number)

Chicago, IL, US 60606 , 312-822-5000

(City or Town, State, Country and Zip Code) (Area Code) (Telephone Number)

Mail Address 151 N. Franklin Street , Chicago, IL, US 60606 (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code)

Primary Location of Books and Records 151 N. Franklin Street (Street and Number)

Chicago, IL, US 60606 , 312-822-5000

(City or Town, State, Country and Zip Code) (Area Code) (Telephone Number)

Internet Website Address www.cna.com Statutory Statement Contact Bailey W. Maenner , 312-822-5033

(Name) (Area Code) (Telephone Number)

Bailey.Maenner@cna.com , 312-260-4376 (E-mail Address) (FAX Number)

Chairman of the Board, Chief Executive Officer &

OFFICERS

Executive Vice President &

President Douglas Merle Worman Chief Administrative Officer Daniel Paul Franzetti Executive Vice President &

Chief Financial Officer Scott Robert Lindquist

Amy Caroline Adams, SVP & Treasurer David Marshall Haas,

President, Global Specialty # Song Min Kim,

President, Global Commercial Industry Segments # Jeffrey John Neuenschwander,

Senior Vice President & General Counsel # Amy Marie Smith,

SVP & Chief Accounting Officer

OTHER

Elizabeth Ann Aguinaga,

EVP & Chief Human Resources Officer Robert Joseph Hopper,

EVP & Chief Actuary Troy Michael Mette,

Head of Global Distribution Jane Elizabeth Possell,

EVP & Chief Information Officer, Analytics & Operations

Stathy Darcy,

SVP, Deputy General Counsel & Secretary Mark Steven James,

EVP, Chief Risk & Reinsurance Officer Michael Anthony Nardiello,

President, Global Property & Casualty # Jalil Ur Rehman,

President & Chief Executive Officer, UK & Europe

DIRECTORS OR TRUSTEES

Stathy Darcy # Daniel Paul Franzetti Robert Joseph Hopper Scott Robert Lindquist Douglas Merle Worman

State of Illinois SS

County of Cook

The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions therefrom for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: (1) state law may differ; or, (2) that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described officers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic filing) of the enclosed statement. The electronic filing may be requested by various regulators in lieu of or in addition to the enclosed statement.



DOUGLAS MERLE WORMAN

Chairman of the Board, Chief Executive Officer & President

STATHY DARCY

Senior Vice President, Deputy General Counsel & Secretary

SCOTT ROBERT LINDQUIST

Executive Vice President & Chief Financial Officer

a. Is this an original filing? ...................... Yes [ X ] No [ ]

Subscribed and sworn to before me this b. If no,

17th day of February, 2026 1. State the amendment number........

  1. Date filed ........................................





  2. Number of pages attached............

Yolanda Jimenez August 12, 2029

ASSETS

Current Year

Prior Year

1

Assets

2

Nonadmitted Assets

3

Net Admitted Assets (Cols. 1 - 2)

4

Net Admitted Assets

  1. Bonds (Schedule D) .......................................................................................

  2. Stocks (Schedule D):

    1. Preferred stocks .......................................................................................

    2. Common stocks .......................................................................................

  3. Mortgage loans on real estate (Schedule B):

    1. First liens ..................................................................................................

    2. Other than first liens..................................................................................

  4. Real estate (Schedule A):

    1. Properties occupied by the company (less $ 0

      encumbrances) .......................................................................................

    2. Properties held for the production of income (less

      $ .................................0 encumbrances) .......................................

    3. Properties held for sale (less $ 0

      encumbrances) .......................................................................................

  5. Cash ($ ................... 1,297,077 , Schedule E - Part 1), cash equivalents

    ($ ................. 29,252,665 , Schedule E - Part 2) and short-term investments ($ ................... 1,019,880 , Schedule DA) ..........................

  6. Contract loans (including $ .................................0 premium notes) ......

  7. Derivatives (Schedule DB) .............................................................................

  8. Other invested assets (Schedule BA) ............................................................

  9. Receivable for securities ................................................................................

  10. Securities lending reinvested collateral assets (Schedule DL) ......................

  11. Aggregate write-ins for invested assets .........................................................

  12. Subtotals, cash and invested assets (Lines 1 to 11) .....................................

  13. Title plants less $ .................................0 charged off (for Title insurers only) ..............................................................................................................

  14. Investment income due and accrued .............................................................

  15. Premiums and considerations:

    1. Uncollected premiums and agents' balances in the course of collection

    2. Deferred premiums, agents' balances and installments booked but deferred and not yet due (including $ 9,442,627

      earned but unbilled premiums) ............................................................

    3. Accrued retrospective premiums ($ .................................0 ) and

      contracts subject to redetermination ($ .................................0 ) .......

  16. Reinsurance:

    1. Amounts recoverable from reinsurers ....................................................

    2. Funds held by or deposited with reinsured companies ..........................

    3. Other amounts receivable under reinsurance contracts ........................

  17. Amounts receivable relating to uninsured plans ............................................

  1. Current federal and foreign income tax recoverable and interest thereon ....

  2. Net deferred tax asset ...................................................................................

  1. Guaranty funds receivable or on deposit ......................................................

  2. Electronic data processing equipment and software .....................................

  3. Furniture and equipment, including health care delivery assets

    ($ .................................0 ) ................................................................

  4. Net adjustment in assets and liabilities due to foreign exchange rates .........

  5. Receivables from parent, subsidiaries and affiliates .....................................

  6. Health care ($ .................................0 ) and other amounts receivable ......

  7. Aggregate write-ins for other-than-invested assets .......................................

  8. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines 12 to 25) .....................................................

  9. From Separate Accounts, Segregated Accounts and Protected Cell Accounts ......................................................................................................

  10. Total (Lines 26 and 27)

. 2,001,112,236

. 0

. 2,001,112,236

. 1,977,426,497

. 10,340,620

. 0

. 10,340,620

. 0

. 13,333,819

. 0

. 13,333,819

. 14,281,828

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 31,569,622

. 0

. 31,569,622

. 55,103,010

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 2,056,356,297

. 0

. 2,056,356,297

. 2,046,811,335

. 0

. 0

. 0

. 0

. 18,609,271

. 0

. 18,609,271

. 17,819,818

. 100,265,234

. 15,893,762

. 84,371,473

. 77,340,549

. 7,344,079

. 734,408

. 6,609,671

. 6,804,256

. 0

. 0

. 0

. 0

. 961,708

. 0

. 961,708

. (4,320,189)

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 2,927,740

. 0

. 2,927,740

. 0

. 21,423,558

. 1,488,847

. 19,934,710

. 18,694,198

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 19,958,145

. 0

. 19,958,145

. 11,631,758

. 0

. 0

. 0

. 0

. 269,431

. 75,366

. 194,065

. 580,233

. 2,228,115,463

. 18,192,383

. 2,209,923,080

. 2,175,361,957

. 0

. 0

. 0

. 0

2,228,115,463

18,192,383

2,209,923,080

2,175,361,957

DETAILS OF WRITE-INS

1101. ........................................................................................................................

....................................

....................................

....................................

....................................

1102. ........................................................................................................................

....................................

....................................

....................................

....................................

1103. ........................................................................................................................

....................................

....................................

....................................

....................................

1198. Summary of remaining write-ins for Line 11 from overflow page ...................

. 0

. 0

. 0

. 0

1199. Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)

0

0

0

0

2501. Miscellaneous receivable ..............................................................................

2502. Prepaid expenses ...........................................................................................

2503. ........................................................................................................................

2598. Summary of remaining write-ins for Line 25 from overflow page ................... 2599. Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)

. 194,065

. 75,366

....................................

. 0

269,431

. 0

. 75,366

....................................

. 0

75,366

. 194,065

. 0

....................................

. 0

194,065

. 580,233

. 0

....................................

. 0

580,233

LIABILITIES, SURPLUS AND OTHER FUNDS

1

Current Year

2

Prior Year

  1. Losses (Part 2A, Line 35, Column 8) ........................................................................................................................................

  2. Reinsurance payable on paid losses and loss adjustment expenses (Schedule F, Part 1, Column 6) .....................................

  3. Loss adjustment expenses (Part 2A, Line 35, Column 9) .........................................................................................................

  4. Commissions payable, contingent commissions and other similar charges .............................................................................

  5. Other expenses (excluding taxes, licenses and fees) ...............................................................................................................

  6. Taxes, licenses and fees (excluding federal and foreign income taxes) ...................................................................................

  1. Current federal and foreign income taxes (including $ .................................0 on realized capital gains (losses)) ..............

  2. Net deferred tax liability .............................................................................................................................................................

  1. Borrowed money $ .................................0 and interest thereon $ .................................0 ..........................................

  2. Unearned premiums (Part 1A, Line 38, Column 5) (after deducting unearned premiums for ceded reinsurance of

    $ ...................... 149,689 and including warranty reserves of $ .................................0 and accrued accident and health experience rating refunds including $ .................................0 for medical loss ratio rebate per the Public Health Service Act) .............................................................................................................................................................................

  3. Advance premium .....................................................................................................................................................................

  4. Dividends declared and unpaid:

    1. Stockholders ......................................................................................................................................................................

    2. Policyholders .....................................................................................................................................................................

  5. Ceded reinsurance premiums payable (net of ceding commissions) ........................................................................................

  6. Funds held by company under reinsurance treaties (Schedule F, Part 3, Column 20) .............................................................

  7. Amounts withheld or retained by company for account of others ..............................................................................................

  8. Remittances and items not allocated ........................................................................................................................................

  9. Provision for reinsurance (including $ .................................0 certified) (Schedule F, Part 3, Column 78) .........................

  10. Net adjustments in assets and liabilities due to foreign exchange rates ...................................................................................

  11. Drafts outstanding .....................................................................................................................................................................

  12. Payable to parent, subsidiaries and affiliates ............................................................................................................................

  13. Derivatives .................................................................................................................................................................................

  14. Payable for securities ................................................................................................................................................................

  15. Payable for securities lending ....................................................................................................................................................

  16. Liability for amounts held under uninsured plans ......................................................................................................................

  17. Capital notes $ .................................0 and interest thereon $ .................................0 .................................................

  18. Aggregate write-ins for liabilities ................................................................................................................................................

  19. Total liabilities excluding protected cell liabilities (Lines 1 through 25) .....................................................................................

  20. Protected cell liabilities ..............................................................................................................................................................

  21. Total liabilities (Lines 26 and 27) ...............................................................................................................................................

  22. Aggregate write-ins for special surplus funds ............................................................................................................................

  23. Common capital stock ...............................................................................................................................................................

  24. Preferred capital stock ...............................................................................................................................................................

  25. Aggregate write-ins for other-than-special surplus funds ..........................................................................................................

  26. Surplus notes .............................................................................................................................................................................

  27. Gross paid in and contributed surplus .......................................................................................................................................

  28. Unassigned funds (surplus) .......................................................................................................................................................

  29. Less treasury stock, at cost:

    1. .................................0 shares common (value included in Line 30 $ .................................0 ) ...........................

    2. .................................0 shares preferred (value included in Line 31 $ .................................0 ) ...........................

  30. Surplus as regards policyholders (Lines 29 to 35, less 36) (Page 4, Line 39) ..........................................................................

  31. TOTALS (Page 2, Line 28, Col. 3)

. 277,849,544

. 0

. 61,153,426

. 17,869,837

. 0

. 4,835,587

. 0

. 0

. 0

. 264,641,145

. 0

. 56,935,932

. 13,946,448

. 0

. 4,432,923

. 711,402

. 0

. 0

. 348,533,677

. 6,351,779

. 339,078,542

. 6,415,557

. 0

. 0

. 2,616,205

. 0

. 3,757,322

. (35,220)

. 1,180,112

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

0

. 0

. 0

. 2,586,994

. 0

. 3,710,405

. 31,971

. 387,964

. 0

. 0

. 5,975

. 0

. 0

. 0

. 0

. 0

0

. 724,112,270

0

. 692,885,257

0

. 724,112,270

. 0

. 4,000,000

. 0

. 0

. 0

. 286,896,195

. 1,194,914,616

. 692,885,257

. 0

. 4,000,000

. 0

. 0

. 0

. 286,896,195

. 1,191,580,505

. 0

. 0

1,485,810,810

. 0

. 0

1,482,476,700

2,209,923,080

2,175,361,957

DETAILS OF WRITE-INS

2501. ....................................................................................................................................................................................................

....................................

....................................

2502. ....................................................................................................................................................................................................

....................................

....................................

2503. ....................................................................................................................................................................................................

....................................

....................................

2598. Summary of remaining write-ins for Line 25 from overflow page ..............................................................................................

. 0

. 0

2599. Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)

0

0

2901. ....................................................................................................................................................................................................

2902. ....................................................................................................................................................................................................

2903. ....................................................................................................................................................................................................

2998. Summary of remaining write-ins for Line 29 from overflow page .............................................................................................. 2999. Totals (Lines 2901 through 2903 plus 2998)(Line 29 above)

....................................

....................................

....................................

. 0

0

....................................

....................................

....................................

. 0

0

3201. ..................................................................................................................................................................................................

3202. ....................................................................................................................................................................................................

3203. ....................................................................................................................................................................................................

3298. Summary of remaining write-ins for Line 32 from overflow page .............................................................................................. 3299. Totals (Lines 3201 through 3203 plus 3298)(Line 32 above)

....................................

....................................

....................................

. 0

0

....................................

....................................

....................................

. 0

0

STATEMENT OF INCOME

.

.

1

Current Year

2

Prior Year

UNDERWRITING INCOME

  1. Premiums earned (Part 1, Line 35, Column 4)...........................................................................................................................

    DEDUCTIONS:

  2. Losses incurred (Part 2, Line 35, Column 7) .............................................................................................................................

  3. Loss adjustment expenses incurred (Part 3, Line 25, Column 1) ..............................................................................................

  4. Other underwriting expenses incurred (Part 3, Line 25, Column 2) ..........................................................................................

  5. Aggregate write-ins for underwriting deductions .......................................................................................................................

  6. Total underwriting deductions (Lines 2 through 5) ....................................................................................................................

  7. Net income of protected cells ....................................................................................................................................................

  8. Net underwriting gain (loss) (Line 1 minus Line 6 plus Line 7) ..................................................................................................

    INVESTMENT INCOME

  9. Net investment income earned (Exhibit of Net Investment Income, Line 17) ............................................................................

  10. Net realized capital gains (losses) less capital gains tax of $ .................................0 (Exhibit of Capital

    Gains (Losses) ) ........................................................................................................................................................................

  11. Net investment gain (loss) (Lines 9 + 10) ..................................................................................................................................

    OTHER INCOME

  12. Net gain (loss) from agents' or premium balances charged off (amount recovered

    $ .................................0 amount charged off $ ................... 1,577,822 ) ....................................................................

  13. Finance and service charges not included in premiums ...........................................................................................................

  14. Aggregate write-ins for miscellaneous income ..........................................................................................................................

  15. Total other income (Lines 12 through 14) .................................................................................................................................

  16. Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Lines 8 + 11 + 15) ..................................................................................................................................................................

  17. Dividends to policyholders .........................................................................................................................................................

  18. Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Line 16 minus Line 17) ...........................................................................................................................................................

  19. Federal and foreign income taxes incurred ...............................................................................................................................

  20. Net income (Line 18 minus Line 19)(to Line 22) .......................................................................................................................

    CAPITAL AND SURPLUS ACCOUNT

  21. Surplus as regards policyholders, December 31 prior year (Page 4, Line 39, Column 2) .........................................................

  22. Net income (from Line 20) .........................................................................................................................................................

  23. Net transfers (to) from Protected Cell accounts ........................................................................................................................

  24. Change in net unrealized capital gains or (losses) less capital gains tax of $ .......................137,588 ..............................

  25. Change in net unrealized foreign exchange capital gain (loss) .................................................................................................

  26. Change in net deferred income tax ...........................................................................................................................................

  27. Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 28, Col. 3) .....................................................................

  28. Change in provision for reinsurance (Page 3, Line 16, Column 2 minus Column 1) ................................................................

  29. Change in surplus notes ............................................................................................................................................................

  30. Surplus (contributed to) withdrawn from protected cells ............................................................................................................

  31. Cumulative effect of changes in accounting principles ..............................................................................................................

  32. Capital changes:

    1. Paid in ................................................................................................................................................................................

    2. Transferred from surplus (stock dividend) .........................................................................................................................

    3. Transferred to surplus .......................................................................................................................................................

  33. Surplus adjustments:

    1. Paid in ................................................................................................................................................................................

    2. Transferred to capital (stock dividend) ..............................................................................................................................

    3. Transferred from capital ....................................................................................................................................................

  34. Net remittances from or (to) Home Office .................................................................................................................................

  35. Dividends to stockholders .........................................................................................................................................................

  36. Change in treasury stock (Page 3, Lines 36.1 and 36.2, Column 2 minus Column 1) ..............................................................

  37. Aggregate write-ins for gains and losses in surplus ..................................................................................................................

  38. Change in surplus as regards policyholders for the year (Lines 22 through 37) .......................................................................

  39. Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37)

. 487,793,976

. 63,478,336

. 19,720,571

. 286,278,896

. 0

369,477,803

. 474,638,273

. 71,688,691

. 17,095,344

. 267,592,742

. 0

356,376,777

. 0

. 118,316,173

. 86,359,903

(2,014,952)

. 0

. 118,261,496

. 83,871,421

(684,131)

. 84,344,951

. (1,577,822)

. 0

18,569

. 83,187,290

. (1,826,957)

. 0

(16)

(1,559,253)

(1,826,973)

. 201,101,871

0

. 199,621,813

0

. 201,101,871

43,274,710

. 199,621,813

41,695,330

157,827,161

157,926,483

. 1,482,476,700

. 157,827,161

. 0

. (25,909)

. 0

. 2,182,470

. 2,042,536

. (792,148)

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. (157,900,000)

. 0

0

. 1,473,250,152

. 157,926,483

. 0

. (526,841)

. 0

. 667,892

. (1,310,410)

. (230,576)

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. 0

. (147,300,000)

. 0

0

3,334,110

9,226,548

1,485,810,810

1,482,476,700

DETAILS OF WRITE-INS

0501. ....................................................................................................................................................................................................

0502. ....................................................................................................................................................................................................

0503. ....................................................................................................................................................................................................

0598. Summary of remaining write-ins for Line 5 from overflow page ................................................................................................ 0599. Totals (Lines 0501 through 0503 plus 0598)(Line 5 above)

....................................

....................................

....................................

. 0

0

....................................

....................................

....................................

. 0

0

1401. Miscellaneous profit and (loss) items ...................................................................................................................................

1402. ....................................................................................................................................................................................................

1403. ....................................................................................................................................................................................................

1498. Summary of remaining write-ins for Line 14 from overflow page .............................................................................................. 1499. Totals (Lines 1401 through 1403 plus 1498)(Line 14 above)

. 18,569

....................................

....................................

. 0

18,569

. (16)

....................................

....................................

. 0

(16)

3701. ....................................................................................................................................................................................................

3702. ....................................................................................................................................................................................................

3703. ....................................................................................................................................................................................................

3798. Summary of remaining write-ins for Line 37 from overflow page .............................................................................................. 3799. Totals (Lines 3701 through 3703 plus 3798)(Line 37 above)

....................................

....................................

....................................

. 0

0

....................................

....................................

....................................

. 0

0

CASH FLOW

Cash from Operations

  1. Premiums collected net of reinsurance .....................................................................................................................................

  2. Net investment income ..............................................................................................................................................................

  3. Miscellaneous income ...............................................................................................................................................................

  4. Total (Lines 1 through 3) ...........................................................................................................................................................

  5. Benefit and loss related payments ............................................................................................................................................

  6. Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts .......................................................

  7. Commissions, expenses paid and aggregate write-ins for deductions .....................................................................................

  8. Dividends paid to policyholders .................................................................................................................................................

  9. Federal and foreign income taxes paid (recovered) net of $ .................................0 tax on capital gains (losses) ................

  10. Total (Lines 5 through 9) ...........................................................................................................................................................

  11. Net cash from operations (Line 4 minus Line 10) ......................................................................................................................

    Cash from Investments

  12. Proceeds from investments sold, matured or repaid:

    1. Bonds ................................................................................................................................................................................

    2. Stocks ................................................................................................................................................................................

    3. Mortgage loans ..................................................................................................................................................................

    4. Real estate ........................................................................................................................................................................

    5. Other invested assets ........................................................................................................................................................

    6. Net gains or (losses) on cash, cash equivalents and short-term investments ..................................................................

    7. Miscellaneous proceeds ....................................................................................................................................................

    8. Total investment proceeds (Lines 12.1 to 12.7) ................................................................................................................

  13. Cost of investments acquired (long-term only exclude cash equivalents and short-term investments):

    1. Bonds ................................................................................................................................................................................

    2. Stocks ................................................................................................................................................................................

    3. Mortgage loans ..................................................................................................................................................................

    4. Real estate ........................................................................................................................................................................

    5. Other invested assets ........................................................................................................................................................

    6. Miscellaneous applications ................................................................................................................................................

    7. Total investments acquired (Lines 13.1 to 13.6) ...............................................................................................................

  14. Net increase/(decrease) in contract loans and premium notes .................................................................................................

  15. Net cash from investments (Line 12.8 minus Line 13.7 minus Line 14) ....................................................................................

    Cash from Financing and Miscellaneous Sources

  16. Cash provided (applied):

    1. Surplus notes, capital notes ..............................................................................................................................................

    2. Capital and paid in surplus, less treasury stock ................................................................................................................

    3. Borrowed funds .................................................................................................................................................................

    4. Net deposits on deposit-type contracts and other insurance liabilities ..............................................................................

    5. Dividends to stockholders .................................................................................................................................................

    6. Other cash provided (applied) ...........................................................................................................................................

  17. Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6) ..............................

    RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

  18. Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17) ........................................

  19. Cash, cash equivalents and short-term investments:

    1. Beginning of year ...............................................................................................................................................................

    2. End of period (Line 18 plus Line 19.1)

1

Current Year

2

Prior Year

. 491,722,607

. 81,932,934

18,569

. 479,002,735

. 81,711,346

(16)

573,674,110

560,714,065

. 55,551,834

. 0

. 297,538,691

. 0

46,913,852

. 45,596,988

. 0

. 284,040,064

. 0

41,813,484

400,004,377

371,450,536

173,669,733

189,263,529

. 296,805,672

. 404,508

. 0

. 0

. 0

. (4,681)

97

. 141,296,057

. 303,238

. 0

. 0

. 0

. (59)

14,770,000

. 297,205,596

. 318,542,249

. 10,000,000

. 0

. 0

. 0

0

. 156,369,236

. 181,057,054

. 0

. 0

. 0

. 0

0

328,542,249

181,057,054

0

0

(31,336,653)

(24,687,818)

. 0

. 0

. 0

. 0

. 157,900,000

(7,966,468)

. 0

. 0

. 0

. 0

. 147,300,000

1,491,945

(165,866,468)

(145,808,055)

(23,533,388)

18,767,656

. 55,103,010

31,569,622

. 36,335,353

55,103,010

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001. Non-cash acquisition of bonds and stocks - cost ...............................................................................................................

20.0002. Non-cash disposition of bonds and stocks - consideration ...............................................................................................

. 8,078,035

. 6,919,235

. 209,522

. 0

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