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HARCO NATIONAL INSURANCE COMPANY
<br />1701 GOLF ROAD, SUITE 1-600, ROLLING MEADOWS, IL 60008
<br />STATEMENT OF ASSETS, LIABILITIES, SURPLUS AND OTHER FUNDS
<br />AT DECEMBER 31, 2020
<br />ASSETS
<br />Bonds (Amortized Value) ......................... . ......... $97,647,952
<br />Stocks (Preferred Stocks) ................................... 4,687,175
<br />Stocks (Common Stocks) ................................... 817,906,534
<br />Cash, Bank Deposits & Short Term Investments .................. 47,123,738
<br />Other Invested Assets ..................................... 15,101,626
<br />Unpaid Premiums & Assumed Balances ........................ 175,152,948
<br />Deferred Premiums, Agents Balances & Installments booked ......... 30,894,886
<br />Reinsurance Recoverable from Reinsurers ....................... 45,151,643
<br />Reinsurance - Funds Held by or deposited with reinsured companies .. 6,874,534
<br />Current Federal & Foreign Income Tax Recoverable & Interest ....... 0
<br />Investment Income Due and Accrued .......................... 1,137,118
<br />Receivables from Parent Subsidiaries & Affiliates ................. 9,477,956
<br />Other Assets ............................................ 3,203,261
<br />TOTAL ASSETS................................_51,254,359 371
<br />T.TABI_I_,TTTES, SURPLUS & OTHER FUNDS
<br />Losses (Reported Losses Net as to Reinsurance Ceded and
<br />Incurred But Not Reported Losses) ............................
<br />$143,768,470
<br />Reinsurance payable on paid losses & loss adjustment expense .......
<br />13,625,897
<br />Loss Adjustment Expenses ..................................
<br />33,948,777
<br />Commissions Payable, Contingent Commissions & Other Similar Charges
<br />8,362,981
<br />Other Expenses (Excluding Taxes, Licenses and Fees) ..............
<br />615,501
<br />Taxes, Licenses & Fees (Excluding Federal Income Tax) .............
<br />2,999,990
<br />Current federal and foreign income taxes ..................... . .
<br />625,084
<br />Net Deferred Tax Liability .................. I ...............
<br />9,247,541
<br />Unearned Premiums ......................................
<br />115,882,069
<br />AdvancePremium ............................ . ...........
<br />296,536
<br />Ceded Reinsurance Prenuums Payable .........................
<br />88,051,007
<br />Funds held by Company under reinsurance treaties .............. . .
<br />13,600,566
<br />Amounts Withheld by Company for Account of Others .............
<br />45,835,854
<br />Payable to Parent Subsidiaries & Affiliates ......................
<br />4,231,049
<br />Other Liabilities ..........................................
<br />77,841
<br />TOTAL LIABILITIES ..........................
<br />X451,169.164
<br />Common Capital Stock ....................................
<br />$3,500,004
<br />Gross Paid -in & Contributed Surplus ..........................
<br />670,781,834
<br />Unassigned Funds (Surplus) ................................
<br />92537,882
<br />Surplus as Regards Policyholders .................
<br />$766,819,720
<br />TOTAL LIABILITIES, SURPLUS & OTHER FUNDS ....
<br />S1.247,988,884
<br />I, John Mruk, Treasp141afWRC0 NATIONAL INSURANCE COMPANY, certify that the foregoing is a fair statement
<br />of Assets, Liab' ® �uglq00f%Other Funds of this Company, at the close of business, December 31, 2020, as reflected
<br />° 41 1
<br />by its books A rted in its statement on file with the Insurance Department of the State of Illinois.
<br />V o,. `y'" ,T/,,:•7 to
<br />• ►
<br />• My Comm, Exp. _
<br />=January 15, 2025r
<br />00
<br />SIGNED AND SWdf JV% b fore me on this
<br />IN TESTIMONY WHEREOF, I have set my hand and affixed the
<br />seal of the Company, this 26(h day of February, 2021.
<br />HARCO NATIONAL INSURANCE COMPANY
<br />In
<br />'-'] day of A y IJ &h'f 1, 20 1 .
<br />NOTARY PUBLIC, STATE OF 4aAilnrulwA
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