* * PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITION

Transcription

1 * * PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITION ANNUAL STATEMENT For the Year Ended December, 06 OF THE CONDITION AND AFFAIRS OF THE TOA REINSURANCE COMPANY OF AMERICA NAIC Group Code 0000, 0000 NAIC Company Code 9 Employer s ID Number -987 (Current Period) (Prior Period) Organized under the Laws of Delaware, State of Domicile or Port of Entry Delaware Country of Domicile United States Incorporated/Organized 0//9 Commenced Business 0/0/9 Statutory Home Office 7 Centerville Road, Suite 00, Wilmington, DE, US 9808 (Street and Number) (City or Town, State, Country and Zip Code) Main Administrative Office 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Mail Address 77 Madison Avenue, PO Box 90, Morristown, NJ, US (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code) Primary Location of Books and Records 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Internet Web Site Address Statutory Statement Contact Richard A. Carroll (Name) (Area Code) (Telephone Number) (Extension) rcarroll@toare.com ( Address) (Fax Number) OFFICERS Name Title Name Title Edward J. Stanco, CEO John J. Hayden, SVP, Gen. Cnsl. & Secretary Nathaniel B. Wallman, SVP & CFO James A. Pilla, EVP Underwriting OTHER OFFICERS Caroline M. Kane, SVP Peter A. Royek, SVP Actuary Richard T. Pisano #, EVP & COO,,, DIRECTORS OR TRUSTEES Michael J. Cascio John J. Hayden Masachika Inoue Tetsuro Kanda Masaaki Matsunaga Tomoatsu Noguchi Kazuhito Oura James A. Pilla Edward J. Stanco Toshiyuki Sugawara Nathaniel B. Wallman State of County of New Jersey Morris ss 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: () state law may differ; or, () 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. Edward J. Stanco John J. Hayden Nathaniel B. Wallman CEO SVP, Gen. Cnsl. & Secretary SVP & CFO a. Is this an original filing? Yes [ X ] No [ ] Subscribed and sworn to before me b. If no: this th day of February, 07. State the amendment number. Date filed. Number of pages attached Donna M. Gennusa, Accountant June, 08

2 ASSETS Current Year Prior Year Assets Nonadmitted Assets Net Admitted Assets (Cols. - ) Net Admitted Assets. Bonds (Schedule D),0,0,,0,0,,88,867,7. Stocks (Schedule D):. Preferred stocks Common stocks 0,6,8 0,6,8 7,888,9. Mortgage loans on real estate (Schedule B):. First liens 0 0. Other than first liens 0 0. Real estate (Schedule A):. Properties occupied by the company (less $ encumbrances) 0 0. Properties held for the production of income (less $ encumbrances),77,8,77,8,99,. Properties held for sale (less $ encumbrances) 0 0. Cash ($,96,79, Schedule E-Part ), cash equivalents ($ 0, Schedule E-Part ) and short-term investments ($,86,097, Schedule DA) 67,68,86 67,68,86 79,00,80 6. Contract loans (including $ premium notes) Derivatives (Schedule DB) Other invested assets (Schedule BA),0,798,0,798 7,,07 9. Receivables for securities 88,7 88,7 8,8 0. Securities lending reinvested collateral assets (Schedule DL) 0 0. Aggregate write-ins for invested assets Subtotals, cash and invested assets (Lines to ),,007,6 0,,007,6,06,,8. Title plants less $ charged off (for Title insurers only) 0 0. Investment income due and accrued,9,89,9,89,7,9. Premiums and considerations:. Uncollected premiums and agents balances in the course of collection 7,,99 80,7 7,,67,78,9. Deferred premiums, agents balances and installments booked but deferred and not yet due (including $ earned but unbilled premiums),0,90,0,90 0,,8. Accrued retrospective premiums ($ ) and contracts subject to redetermination ($ ) Reinsurance: 6. Amounts recoverable from reinsurers,7,9,7,9,669,0 6. Funds held by or deposited with reinsured companies 8,78 0 8,78,77 6. Other amounts receivable under reinsurance contracts Amounts receivable relating to uninsured plans Current federal and foreign income tax recoverable and interest thereon 6,68,86 6,68,86 8,699,9 8. Net deferred tax asset,067,000 0,067,000 0,87, Guaranty funds receivable or on deposit Electronic data processing equipment and software,7,9,7,98 00,9 08,9. Furniture and equipment, including health care delivery assets ($ ) 0,96 0, Net adjustment in assets and liabilities due to foreign exchange rates 0 0. Receivables from parent, subsidiaries and affiliates 0 0. Health care ($ ) and other amounts receivable 0 0. Aggregate write-ins for other-than-invested assets 9,99,790 8,77 9,8,0 9,76,7 6. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines to ),776,6,8,7,98,77,6,70,7,,6 7. From Separate Accounts, Segregated Accounts and Protected Cell Accounts Total (Lines 6 and 7),776,6,8,7,98,77,6,70,7,,6 DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) Corporate owned life insurance 7,0,8 7,0,8 6,9, Contingent commission receivable,76,8,76,8,6,88 0. Other receivables,77,77 9, Summary of remaining write-ins for Line from overflow page 8,77 8, Totals (Lines 0 through 0 plus 98) (Line above) 9,99,790 8,77 9,8,0 9,76,7

3 LIABILITIES, SURPLUS AND OTHER FUNDS Current Year Prior Year. Losses (Part A, Line, Column 8) 7,8,00 7,,7. Reinsurance payable on paid losses and loss adjustment expenses (Schedule F, Part, Column 6),69,9 7,06,88. Loss adjustment expenses (Part A, Line, Column 9) 0,69,8 97,9,76. Commissions payable, contingent commissions and other similar charges,89,9,8,060. Other expenses (excluding taxes, licenses and fees),9,69,76,7 6. Taxes, licenses and fees (excluding federal and foreign income taxes) 00,08 99, 7. Current federal and foreign income taxes (including $ on realized capital gains (losses)) Net deferred tax liability 0 8. Borrowed money $ and interest thereon $ 0 9. Unearned premiums (Part A, Line 8, Column ) (after deducting unearned premiums for ceded reinsurance of $,,688 and including warranty reserves of $ and accrued accident and health experience rating refunds including $ for medical loss ratio rebate per the Public Health Service Act) 0,9,6 98,6, 0. Advance premium 0. Dividends declared and unpaid:. Stockholders 0. Policyholders 0. reinsurance premiums payable (net of ceding commissions) 7,066,687 8,,66. Funds held by company under reinsurance treaties (Schedule F, Part, Column 9) 79,09,60 66,,0. Amounts withheld or retained by company for account of others 0. Remittances and items not allocated 0 6. Provision for reinsurance (including $ certified) (Schedule F, Part 8) 8,800 0, Net adjustments in assets and liabilities due to foreign exchange rates 0 8. Drafts outstanding 0 9. Payable to parent, subsidiaries and affiliates 0 0. Derivatives 0 0. Payable for securities,00,9 88,60. Payable for securities lending 0. Liability for amounts held under uninsured plans 0. Capital notes $ and interest thereon $ 0. Aggregate write-ins for liabilities 7,90,69 7,8, Total liabilities excluding protected cell liabilities (Lines through ),0,99,9,0,00,90 7. Protected cell liabilities 0 8. Total liabilities (Lines 6 and 7),0,99,9,0,00,90 9. Aggregate write-ins for special surplus funds Common capital stock,000,000,000,000. Preferred capital stock 0. Aggregate write-ins for other-than-special surplus funds 0 0. Surplus notes 0. Gross paid in and contributed surplus 8,,6 8,,6. Unassigned funds (surplus) 8,9,68 87,08,6 6. Less treasury stock, at cost: 6. shares common (value included in Line 0 $ ) 0 6. shares preferred (value included in Line $ ) 0 7. Surplus as regards policyholders (Lines 9 to, less 6) (Page, Line 9) 669,67,9 67,00,87 8. Totals (Page, Line 8, Col. ),77,6,70,7,,6 DETAILS OF WRITE-INS 0. Post retirement liability 7,80,9 7,7, 0. Contingent reserve for municipal bond business 6, 8, Rent security deposit,99 8, Summary of remaining write-ins for Line from overflow page 0, Totals (Lines 0 through 0 plus 98) (Line above) 7,90,69 7,8, Summary of remaining write-ins for Line 9 from overflow page Totals (Lines 90 through 90 plus 998) (Line 9 above) Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) 0 0

4 STATEMENT OF INCOME Current Year Prior Year UNDERWRITING INCOME. Premiums earned (Part, Line, Column ) 8,7,88 66,7,9 DEDUCTIONS:. Losses incurred (Part, Line, Column 7) 6,69,0 0,,. Loss adjustment expenses incurred (Part, Line, Column ),6,,7,0. Other underwriting expenses incurred (Part, Line, Column ),88,88 99,9,7. Aggregate write-ins for underwriting deductions Total underwriting deductions (Lines through ) 0,89,9,69, Net income of protected cells 0 8. Net underwriting gain (loss) (Line minus Line 6 plus Line 7) (0,,66),0,6 INVESTMENT INCOME 9. Net investment income earned (Exhibit of Net Investment Income, Line 7) 0,7,67,97,86 0. Net realized capital gains (losses) less capital gains tax of $,0,078 (Exhibit of Capital Gains (Losses)) (,767,8),. Net investment gain (loss) (Lines 9 + 0) 7,967,89,8, OTHER INCOME. Net gain (loss) from agents' or premium balances charged off (amount recovered $ amount charged off $ ) 0 0. Finance and service charges not included in premiums 0 0. Aggregate write-ins for miscellaneous income 6,97 0,0. Total other income (Lines through ) 6,97 0,0 6. Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Lines ) 8,008,0 7,77, Dividends to policyholders Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Line 6 minus Line 7) 8,008,0 7,77, Federal and foreign income taxes incurred (,7),06, Net income (Line 8 minus Line 9) (to Line ) 8,,87 6,70,99 CAPITAL AND SURPLUS ACCOUNT. Surplus as regards policyholders, December prior year (Page, Line 9, Column ) 67,00,87 7,66,. Net income (from Line 0) 8,,87 6,70,99. Net transfers (to) from Protected Cell accounts 0. Change in net unrealized capital gains or (losses) less capital gains tax of $,,0,9,6 (9,7,7). Change in net unrealized foreign exchange capital gain (loss),9,087 (,7,876) 6. Change in net deferred income tax (,909,99),08, Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 8, Col. ) 6,8,089 (6,7,) 8. Change in provision for reinsurance (Page, Line 6, Column minus Column ),00, Change in surplus notes 0 0. Surplus (contributed to) withdrawn from protected cells 0. Cumulative effect of changes in accounting principles 0. Capital changes:. Paid in 0. Transferred from surplus (Stock Dividend) 0. Transferred to surplus 0. Surplus adjustments:. Paid in 0. Transferred to capital (Stock Dividend) 0. Transferred from capital 0. Net remittances from or (to) Home Office 0. Dividends to stockholders (0,000,000) (0,000,000) 6. Change in treasury stock (Page, Lines 6. and 6., Column minus Column ) Aggregate write-ins for gains and losses in surplus (87,6) (8,69) 8. Change in surplus as regards policyholders for the year (Lines through 7) (,,6) (,,80) 9. Surplus as regards policyholders, December current year (Line plus Line 8) (Page, Line 7) 669,67,9 67,00,87 DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 00 through 00 plus 098) (Line above) COLI interest 98, 9, Interest expense on funds held (0,90) (,79) 0. Miscellaneous income (expense) (6,77),7 98. Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) 6,97 0,0 70. Change in post retirement liability (6,68) (,099,8) 70. Change in foreign exchange adjustment (8,86),,9 70. Change in contingent reserve for municipal bond,87, 798. Summary of remaining write-ins for Line 7 from overflow page Totals (Lines 70 through 70 plus 798) (Line 7 above) (87,6) (8,69)

5 CASH FLOW Current Year Prior Year Cash from Operations. Premiums collected net of reinsurance 6,9,69,7,60. Net investment income 6,6,7 7,90,0. Miscellaneous income,08,8 (9,8,78). Total (Lines through ),9, 8,86,8. Benefit and loss related payments,99,,876,7 6. Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts Commissions, expenses paid and aggregate write-ins for deductions,69,7,7, 8. Dividends paid to policyholders Federal and foreign income taxes paid (recovered) net of $ tax on capital gains (losses),6,07 0,767,97 0. Total (Lines through 9) 69,6, 68,97,6. Net cash from operations (Line minus Line 0),6,0,088,99 Cash from Investments. Proceeds from investments sold, matured or repaid:. Bonds 66,80,66 67,67,70. Stocks 7,06,90 6,79,6. Mortgage loans 0 0. Real estate 0 0. Other invested assets,077,86,00,80.6 Net gains or (losses) on cash, cash equivalents and short-term investments 6,69 (,09,67).7 Miscellaneous proceeds,77,,,98.8 Total investment proceeds (Lines. to.7),0,9 90,,760. of investments acquired (long-term only):. Bonds 0,6,88 98,,68. Stocks,896,76 7,60,7. Mortgage loans 0 0. Real estate,67 8,77. Other invested assets 9,79 0,6.6 Miscellaneous applications,68,76,809,.7 Total investments acquired (Lines. to.6) 8,0,86 78,,8. Net increase (decrease) in contract loans and premium notes 0 0. Net cash from investments (Line.8 minus Line.7 minus Line ) (,6,6),69,7 Cash from Financing and Miscellaneous Sources 6. Cash provided (applied): 6. Surplus notes, capital notes Capital and paid in surplus, less treasury stock Borrowed funds Net deposits on deposit-type contracts and other insurance liabilities 0 6. Dividends to stockholders 0,000,000 0,000, Other cash provided (applied) (0,68),69,07 7. Net cash from financing and miscellaneous sources (Lines 6. to 6. minus Line 6. plus Line 6.6) (0,0,68) (7,06,79) RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 8. Net change in cash, cash equivalents and short-term investments (Line, plus Lines and 7) (,0,7) (9,98,699) 9. Cash, cash equivalents and short-term investments: 9. Beginning of year 79,00,80 98,9,79 9. End of year (Line 8 plus Line 9.) 67,68,86 79,00,80

6 UNDERWRITING AND INVESTMENT EXHIBIT Line of Business PART - PREMIUMS EARNED Net Premiums Written per Column 6, Part B Unearned Premiums Dec. Prior Year - per Col., Last Year s Part Unearned Premiums Dec. Current Year - per Col. Part A Premiums Earned During Year (Cols. + - ). Fire Allied lines 9,7,8 7,0,077 6,90,60 9,88,8. Farmowners multiple peril Homeowners multiple peril,,, 0,0,06,. Commercial multiple peril,7,0,07,0 80,997,97, 6. Mortgage guaranty Ocean marine 0 0 (,0),0 9. Inland marine Financial guaranty 6 7,,8,80. Medical professional liability-occurrence Medical professional liability-claims-made Earthquake Group accident and health Credit accident and health (group and individual) Other accident and health Workers' compensation,00,6 0,7 7. Other liability-occurrence 79,99,7 9,6,9,70, 7,600,96 7. Other liability-claims-made,88,6,,07,798,08,0, 7. Excess workers compensation Products liability-occurrence Products liability-claims-made ,9. Private passenger auto liability,9,666 0,0,6,8,77 8,889, 9.,9. Commercial auto liability 6,990,,98,76 6,8,90,8,90. Auto physical damage 7,89,60,99,0,8,760 6,60,00. Aircraft (all perils) Fidelity,779, 8,7. Surety Burglary and theft Boiler and machinery 0 0 9,6 (9,6) 8. Credit (87) 0 0 (87) 9. International 0 0,0 (,0) 0. Warranty (0) 8, 670,08 8,9. Reinsurance-nonproportional assumed property,89,80,88, 80,9,87,99. Reinsurance-nonproportional assumed liability,8,99 7,,69 7,990,680,80,8. Reinsurance-nonproportional assumed financial lines 7, ,77. Aggregate write-ins for other lines of business TOTALS 97,09,7 98,6, 0,9,6 8,7,88 DETAILS OF WRITE-INS Sum. of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above)

7 Line of Business UNDERWRITING AND INVESTMENT EXHIBIT PART A - RECAPITULATION OF ALL PREMIUMS Amount Unearned (Running One Year or Less from Date of Policy) (a) Amount Unearned (Running More Than One Year from Date of Policy) (a) Earned but Unbilled Premium Reserve for Rate Credits and Retrospective Adjustments Based on Experience Total Reserve for Unearned Premiums Cols Fire 0. Allied lines,096,767,8,86 6,90,60. Farmowners multiple peril 0. Homeowners multiple peril 7,89 9, 0,0. Commercial multiple peril 80,997 80, Mortgage guaranty 0 8. Ocean marine (,0) (,0) 9. Inland marine 0 0. Financial guaranty 0,8,8. Medical professional liability-occurrence 0. Medical professional liability-claims-made 0. Earthquake 0. Group accident and health 0. Credit accident and health (group and individual) 0. Other accident and health 0 6. Workers' compensation 0 7. Other liability-occurrence 6,0,88 9,89,66,70, 7. Other liability-claims-made,89,7 7,968,9,798,08 7. Excess workers compensation 0 8. Products liability-occurrence 0 8. Products liability-claims-made 0 9.,9.Private passenger auto liability,8,77,8,77 9.,9.Commercial auto liability 6,8,90 6,8,90. Auto physical damage,8,760,8,760. Aircraft (all perils) 0. Fidelity Surety 0 6. Burglary and theft 0 7. Boiler and machinery 9,6 9,6 8. Credit 0 9. International 0,0,0 0. Warranty 670,08 670,08. Reinsurance-nonproportional assumed property 80,9 80,9. Reinsurance-nonproportional assumed liability 6,67,08,6,6 7,990,680. Reinsurance-nonproportional assumed financial lines 0. Aggregate write-ins for other lines of business TOTALS 78,769,770,9, ,9,6 6. Accrued retrospective premiums based on experience 7. Earned but unbilled premiums 8. Balance (Sum of Lines through 7) 0,9,6 DETAILS OF WRITE-INS Sum. of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) (a) State here basis of computation used in each case. 7

8 UNDERWRITING AND INVESTMENT EXHIBIT PART B - PREMIUMS WRITTEN Line of Business Reinsurance Reinsurance 6 From From To To Affiliates Non-Affiliates Affiliates Non-Affiliates Direct Business (a) Net Premiums Written Cols Fire 0. Allied lines,7, 7,997, 0 9,7,8. Farmowners multiple peril 0. Homeowners multiple peril,06,68,,,,. Commercial multiple peril,769,8 9,88,7,0 6. Mortgage guaranty 0 8. Ocean marine 0 9. Inland marine 0 0. Financial guaranty Medical professional liability-occurrence 0. Medical professional liability-claims-made 0. Earthquake 0. Group accident and health 0. Credit accident and health (group and individual) 0. Other accident and health 0 6. Workers' compensation,00,00 7. Other liability-occurrence 79,99,7 79,99,7 7. Other liability-claims-made,88,6,88,6 7. Excess workers compensation 0 8. Products liability-occurrence 0 8. Products liability-claimsmade 0 9.,9. Private passenger auto liability 7,,768,,0,9,666 9.,9. Commercial auto liability 7,8,676 8,6 6,990,. Auto physical damage,79,78 7,89,68 7,89,60. Aircraft (all perils) Fidelity,779,779. Surety 0 6. Burglary and theft 0 7. Boiler and machinery 0 8. Credit (87) (87) 9. International 0 0. Warranty (0) (0). Reinsurancenonproportional assumed property XXX 8,,600 9,0,799,89,80. Reinsurancenonproportional assumed liability XXX,8,99,8,99. Reinsurancenonproportional assumed financial lines XXX 7,77 7,77. Aggregate write-ins for other lines of business TOTALS ,9,7 7,6,7 97,09,7 DETAILS OF WRITE-INS Sum. of remaining writeins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) (a) Does the company s direct premiums written include premiums recorded on an installment basis? Yes [ ] No [ X ] If yes:. The amount of such installment premiums $ 0. Amount at which such installment premiums would have been reported had they been recorded on an annualized basis $ 0 8

9 9 UNDERWRITING AND INVESTMENT EXHIBIT PART - LOSSES PAID AND INCURRED Losses Paid Less Salvage Net Losses Unpaid Net Losses Losses Reinsurance Net Payments Current Year Unpaid Current Year Recovered (Cols. + - ) (Part A, Col. 8) Prior Year (Cols ) Percentage of Losses (Col. 7, Part ) to Premiums Earned (Col., Part ) Reinsurance Line of Business Direct Business. Fire Allied lines 7,78,8 9,96,9 6,87,89 8,86,696 77,0,96 68,7, Farmowners multiple peril Homeowners multiple peril,8, 6,6 6,80,0,9,0, 87, 7.. Commercial multiple peril,,7 6,,060,87,67,68 0,7,6 70, Mortgage guaranty Ocean marine 6, 6,,78,78,69,07 (76,77) (6,90.0) 9. Inland marine Financial guaranty,99,78,76,7 8,7 8,7 6.. Medical professional liability-occurrence 8,97 8,97 990,0,0,0 (,80) 0.0. Medical professional liability-claims-made Earthquake Group accident and health 0,000 60,000 (9,000) 0.0. Credit accident and health (group and individual) Other accident and health,87,87 67,77,67 (,9) Workers' compensation,7,97,7,97 99,77,009, 8, Other liability-occurrence 0,89,68 99,67 0,9,99 89,9,69 88,796,60 0,9, Other liability-claims-made,7,9,7,9,,9 6,7,607 0,66, Excess workers compensation Products liability-occurrence Products liability-claims-made ,9. Private passenger auto liability 0,867,860,0,67 8,8,9 8,69,68 6,0,88,9, ,9. Commercial auto liability,967,867,8,66,06 6,068,79,7,00,999,9.. Auto physical damage 7,6,6,8,87,8,807,66,,69,8,80,8.7. Aircraft (all perils) 7,0 7,0 8,6,6, Fidelity 8,09 8,09 87,676 90, 8,70,06.8. Surety,80,80,900 0,99 (,) Burglary and theft Boiler and machinery 0,6,78 (0,9) Credit 0,0,7,,07 (,06) 6,7. 9. International,8,8 66,6 9,,78 (.) 0. Warranty 0,0 0,0 70,78 9,086 7, Reinsurance-nonproportional assumed property XXX 9,7,08 9,98,7 9,78,69,6,,,670 0,79, Reinsurance-nonproportional assumed liability XXX 7,99,88,69 7,7,6 08,06,900 07,86,8 7,99, 6.6. Reinsurance-nonproportional assumed financial lines XXX 0,0,779,0,8 (89,9) (.8). Aggregate write-ins for other lines of business TOTALS 0 8,7, 6,97,900 8,, 7,8,00 7,,7 6,69, DETAILS OF WRITE-INS Sum. of remaining write-ins for Line from overflow page Totals (Lines 0 through ) (Line above)

10 UNDERWRITING AND INVESTMENT EXHIBIT PART A - UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES Reported Losses But Not Reported Net Losses Excl. But Not Reported (Cols. + - ) Net Losses Unpaid (Cols ) Net Unpaid Loss Adjustment s Reinsurance Deduct Reinsurance Reinsurance Reinsurance Line of Business Direct Recoverable Direct. Fire Allied lines 6,09,8 7,6,7 8,0,696 8,80,000 7,0,000 8,86,696,66,000. Farmowners multiple peril Homeowners multiple peril 0, 00,07 0,9,7,000 90,000,0,9 7,000. Commercial multiple peril 6,,99 0, 6,8,68 9,68,000,000,67,68,696, Mortgage guaranty Ocean marine 9,78 9,78,90,000 0,78,78 90, Inland marine Financial guaranty 7,06,7,7 0,000,000,7 9,000. Medical professional liability-occurrence 8,0 8,0 0, ,0 89,000. Medical professional liability-claims-made 0 0. Earthquake 0 0. Group accident and health 0 0,000 (a),000,000. Credit accident and health (group and individual) Other accident and health 6,77 6,77 6,000 (a) 67,77, Workers' compensation 87,77 87,77 7,000 99,77 90, Other liability-occurrence 9,06,79 06,00 8,70,69,79,000,96,000 89,9,69,07, Other liability-claims-made,,9,,9 0,99,000,,9,6, Excess workers compensation Products liability-occurrence Products liability-claims-made ,9. Private passenger auto liability 6,77,78 8,00 6,09,68,87,000,7,000 8,69,68,8,000 9.,9. Commercial auto liability,,09 7,,,79,6,000 6,000 6,068,79 68,000. Auto physical damage 687,67 9,9 8,,86,000,808,000,66,,000. Aircraft (all perils) 8,6 8,6 8,6,000. Fidelity 89,676 89,676,000 87,676 96,000. Surety ,000,900, Burglary and theft Boiler and machinery,6,6,6 8. Credit 7 7,0,000,0,7 0, International,6,6,000 66,6 8, Warranty 78,78 78,78 9,000 70,78 0,000. Reinsurance-nonproportional assumed property XXX 6,0,9,8,6,00,978 XXX,9,6,6,88,6,,0,8. Reinsurance-nonproportional assumed liability XXX,00,900 0,00,900 XXX 67,06,000 08,06,900 9,9,000. Reinsurance-nonproportional assumed financial lines XXX,779,779 XXX,0,000,0,779 89,000. Aggregate write-ins for other lines of business TOTALS 0 9,7, 0,99,0,79,9 0 0,9,6 0,767,88 7,8,00 0,69,8 DETAILS OF WRITE-INS Sum. of remaining write-ins for Line from overflow page Totals (Lines 0 through ) (Line above) (a) Including $ for present value of life indemnity claims.

11 . Claim adjustment services: UNDERWRITING AND INVESTMENT EXHIBIT PART - EXPENSES Loss Adjustment s Other Underwriting s Investment s. Direct 0. Reinsurance assumed,08,800,08,800. Reinsurance ceded,688,07,688,07. Net claim adjustment services ( ) 0,60, ,60,76. Commission and brokerage:. Direct, excluding contingent 0. Reinsurance assumed, excluding contingent 0,906, 0,906,. Reinsurance ceded, excluding contingent 9,,996 9,,996. Contingent-direct 0. Contingent-reinsurance assumed,60,90,60,90.6 Contingent-reinsurance ceded 88,6 88,6.7 Policy and membership fees 0.8 Net commission and brokerage ( ) 0 89,77, 0 89,77,. Allowances to manager and agents Advertising 0 7,8 0 7,8. Boards, bureaus and associations,0 6,9,,7 6. Surveys and underwriting reports Audit of assureds' records 0 8. Salary and related items: 8. Salaries,0,68 0,0,69,0,0,0,0 8. Payroll taxes 0,76 8,00 9,66 9,66 9. Employee relations and welfare 6,0 6,7, 769,88 7,69,88 0. Insurance 8,97 86,09 0,8 0,8. Directors' fees 6,7 6, 7,00 7,000. Travel and travel items,7 9,67 60, 60,6. Rent and rent items,9 8,9,87,87. Equipment 9,,0,70 7,7,7,66. or depreciation of EDP equipment and software 6,888,689,97,97 6. Printing and stationery, 9,8,887 8, Postage, telephone and telegraph, exchange and express,77 08,776,67 6,67 8. Legal and auditing 0,0 979, 0,6,0,67 9. Totals (Lines to 8),0,8,,6,89,8,96,89 0. Taxes, licenses and fees: 0. State and local insurance taxes deducting guaranty association credits of $ 0 0. Insurance department licenses and fees 7,099 7, Gross guaranty association assessments 0 0. All other (excluding federal and foreign income and real estate),6,86 6,8 6,78 0. Total taxes, licenses and fees ( ),6 89,8 6,8 8,77. Real estate expenses 0 0,69,69. Real estate taxes ,8 68,8. Reimbursements by uninsured plans 0. Aggregate write-ins for miscellaneous expenses 7,778 90,78,80,60,,796. Total expenses incurred,6,,88,88 6,,98 (a) 0,,70 6. Less unpaid expenses-current year 0,69,8,099,,6,70 8,6,60 7. Add unpaid expenses-prior year 97,9,76 9,0,60,8,70 9,,98 8. Amounts receivable relating to uninsured plans, prior year Amounts receivable relating to uninsured plans, current year 0 0. TOTAL EXPENSES PAID (Lines ) 8,68,8 06,690,96,8,96,,70 DETAILS OF WRITE-INS 0. Outside Services 7,778 66,9,80,60,098,77 0. Contributions 0,9 0, Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) 7,778 90,78,80,60,,796 (a) Includes management fees of $ to affiliates and $,67,09 to non-affiliates. Total

12 EXHIBIT OF NET INVESTMENT INCOME Collected During Year Earned During Year. U.S. Government bonds (a),09,6,67,898. Bonds exempt from U.S. tax (a),766,79,90,88. Other bonds (unaffiliated) (a) 7,6,8 7,06,767. Bonds of affiliates (a) 0 0. Preferred stocks (unaffiliated) (b) 0 0. Preferred stocks of affiliates (b) 0 0. Common stocks (unaffiliated),8,660,870,8. Common stocks of affiliates 0 0. Mortgage loans (c) 0 0. Real estate (d) 7,666 7,666. Contract loans Cash, cash equivalents and short-term investments (e),8 80, Derivative instruments (f) Other invested assets,67,0,67,0 9. Aggregate write-ins for investment income 6,0 6,0 0. Total gross investment income 6,9,69 7,09,7. Investment expenses (g) 6,,978. Investment taxes, licenses and fees, excluding federal income taxes (g) 0. Interest expense (h) 0. Depreciation on real estate and other invested assets (i),99. Aggregate write-ins for deductions from investment income 0 6. Total deductions (Lines through ) 6,7, Net investment income (Line 0 minus Line 6) 0,7,67 DETAILS OF WRITE-INS 090. Miscellaneous Income 6,0 6, Summary of remaining write-ins for Line 9 from overflow page Totals (Lines 090 through 090 plus 0998) (Line 9 above) 6,0 6, Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) 0 (a) Includes $,,968 accrual of discount less $ 7,67,0 amortization of premium and less $,77,6 paid for accrued interest on purchases. (b) Includes $ 0 accrual of discount less $ 0 amortization of premium and less $ 0 paid for accrued dividends on purchases. (c) Includes $ 0 accrual of discount less $ 0 amortization of premium and less $ 0 paid for accrued interest on purchases. (d) Includes $ 0,000 for company s occupancy of its own buildings; and excludes $ 0 interest on encumbrances. (e) Includes $,608 accrual of discount less $ 9,9 amortization of premium and less $,7 paid for accrued interest on purchases. (f) Includes $ 0 accrual of discount less $ 0 amortization of premium. (g) Includes $ 0 investment expenses and $ 0 investment taxes, licenses and fees, excluding federal income taxes, attributable to segregated and Separate Accounts. (h) Includes $ 0 interest on surplus notes and $ 0 interest on capital notes. (i) Includes $ 7,9 depreciation on real estate and $ 8,0 depreciation on other invested assets. EXHIBIT OF CAPITAL GAINS (LOSSES) Realized Gain (Loss) On Sales or Maturity Other Realized Adjustments Total Realized Capital Gain (Loss) (Columns + ) Change in Unrealized Capital Gain (Loss) Change in Unrealized Foreign Exchange Capital Gain (Loss). U.S. Government bonds (676,8) 0 (676,8) 8,07 0. Bonds exempt from U.S. tax 6,00,68 0 6,00, Other bonds (unaffiliated) 9,807 (9,980,0) (9,70,7),68,699,696,8. Bonds of affiliates Preferred stocks (unaffiliated) Preferred stocks of affiliates Common stocks (unaffiliated) 7,8, ,8,088 6,78,66 (,0,76). Common stocks of affiliates Mortgage loans Real estate Contract loans Cash, cash equivalents and short-term investments,7 (0,6) (9,0) 0, 7. Derivative instruments Other invested assets (07,70) (8,8) (,,6) (,88,) 0 9. Aggregate write-ins for capital gains (losses) 7, , Total capital gains (losses),66,08 (,8,),7,70 6,07,7,9,087 DETAILS OF WRITE-INS 090. Realized gain on disposal of company automobile 7, , Summary of remaining write-ins for Line 9 from overflow page Totals (Lines 090 through 090 plus 0998) (Line 9 above) 7, ,

13 EXHIBIT OF NONADMITTED ASSETS Current Year Total Nonadmitted Assets Prior Year Total Nonadmitted Assets Change in Total Nonadmitted Assets (Col. - Col. ). Bonds (Schedule D) Stocks (Schedule D):. Preferred stocks Common stocks Mortgage loans on real estate (Schedule B):. First liens Other than first liens Real estate (Schedule A):. Properties occupied by the company Properties held for the production of income Properties held for sale Cash (Schedule E-Part ), cash equivalents (Schedule E-Part ) and short-term investments (Schedule DA) Contract loans Derivatives (Schedule DB) Other invested assets (Schedule BA) Receivables for securities Securities lending reinvested collateral assets (Schedule DL) Aggregate write-ins for invested assets Subtotals, cash and invested assets (Lines to ) Title plants (for Title insurers only) Investment income due and accrued Premiums and considerations:. Uncollected premiums and agents balances in the course of collection 80,7 0 (80,7). Deferred premiums, agents balances and installments booked but deferred and not yet due Accrued retrospective premiums and contracts subject to redetermination Reinsurance: 6. Amounts recoverable from reinsurers Funds held by or deposited with reinsured companies Other amounts receivable under reinsurance contracts Amounts receivable relating to uninsured plans Current federal and foreign income tax recoverable and interest thereon Net deferred tax asset 0 6,6,000 6,6, Guaranty funds receivable or on deposit Electronic data processing equipment and software,7,98,8,8,8. Furniture and equipment, including health care delivery assets 0,96 9,09 (8,7). Net adjustment in assets and liabilities due to foreign exchange rates Receivables from parent, subsidiaries and affiliates Health care and other amounts receivable Aggregate write-ins for other-than-invested assets 8,77 00,096 8,9 6. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines to ),7,98 7,9,687 6,8, From Separate Accounts, Segregated Accounts and Protected Cell Accounts Total (Lines 6 and 7),7,98 7,9,687 6,8,089 DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) Prepaid Asset 7,7, 8,00 0. Leasehold Improvements 7,66 8,68 0, Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 plus 98) (Line above) 8,77 00,096 8,9

14 . Summary of Significant Accounting Policies A) Accounting Practices NOTES TO FINANCIAL STATEMENTS The financial statements of The Toa Reinsurance Company of America are presented on the basis of accounting practices prescribed or permitted by the Delaware Insurance Department. The Delaware Insurance Department recognizes only Statutory Accounting Practices prescribed or permitted by the State of Delaware for determining and reporting the financial condition and results of operations of an insurance company, for determining its solvency under the Delaware Insurance Law. The National Association of Insurance Commissioners (NAIC) Accounting Practices and Procedures Manual (NAIC SAP) has been adopted as a component of prescribed or permitted practices by the state of Delaware. A reconciliation of the Company s net income and capital and surplus between NAIC SAP and practices prescribed by the state of Delaware is shown below: Net Income F/S F/S December December SSAP # Page # Line # 06 0 () State Basis (Page, Line 0, Columns & ) XXX XXX XXX $ 8,,87 $ 6,70,99 () State Prescribed Practices that increase(decrease) NAIC SAP 0 0 e.g. Depreciation Fixed Assets () State Permitted Practices that increase(decrease) NAIC SAP 0 0 Surplus () NAIC SAP (--=) XXX XXX XXX $ 8,,87 $ 6,70,99 () State Basis (Page, Line 7, Columns & ) XXX XXX XXX $ 669,67,9 $ 67,00,87 (6) State Prescribed Practices that increase(decrease) NAIC SAP 0 0 e.g. Goodwill, net e.g. Fixed Assets, Net (7) State Permitted Practices that increase(decrease) NAIC SAP 0 0 e.g. Home Office Property (8) NAIC SAP (-6-7=8) XXX XXX XXX $ 669,67,9 $ 67,00,87 B) Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with Statutory Accounting Principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities. It also requires disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. C) Accounting Policy Premiums written are earned over the terms of the policies assumed under related reinsurance contracts. Unearned premium reserves are established to cover the unexpired portion of premiums written and are based on monthly prorata allocations or as reported by the ceding companies. s incurred in connection with acquiring new insurance business, including such acquisition costs as sales commissions, are charged to operations as incurred. s incurred are reduced for ceding allowances received or receivable. Asset values are generally stated as follows: Investment grade bonds at amortized cost; Non-investment grade bonds at the lower of amortized cost or fair value; Loan-backed securities at either amortized cost or the lower of amortized cost or fair value using the retrospective adjustment method; Short-term investments at fair value; Common stocks at fair value; Exchange-Traded Funds at fair value; Limited Liability Partnership (LLP) investments are initially recorded at cost and subsequently adjusted for distributions and for the Company s share of the audited GAAP basis equity of the investee, adjusted for any distributions received; and Real Estate is carried at cost less allowance for depreciation. The Company uses straight-line depreciation for its Real Estate holdings. depreciated over 0 years; Home Office Real Estate over. years. Capital improvements are generally The Company anticipates investment income as a factor in the premium deficiency calculation, in accordance with SSAP No., Property-Casualty Contracts Premiums. Unpaid losses and loss adjustment expenses include an amount determined from individual case estimates and loss reports and an amount based on past experience, for losses incurred but not reported. Such liabilities are necessarily based on assumptions and estimates and while management believes the amount is adequate, the ultimate liability may be in excess of, or less than, the amount provided. The methods for making such estimates and for establishing the resulting liabilities are continually reviewed and any adjustments are reflected in the period determined. The Company has not modified its capitalization policy from the prior period.. Accounting Changes and Corrections of Errors None. Business Combinations and Goodwill None

15 NOTES TO FINANCIAL STATEMENTS. Discontinued Operations None. Investments A) Mortgage Loans, Including Mezzanine Real Estate Loans: None B) Debt Restructuring: None C) Reverse Mortgages: None D) Loan-backed Securities: () Prepayment assumptions for residential and commercial mortgage-backed/asset-backed securities are primarily calculated using Mortgage Industry Medians from Mortgage Industry Advisory Corporation, or in their absence, prepayment assumptions are obtained from Moody s Analytics or Reuters. () All securities within the scope of this statement with a recognized other-than-temporary impairment, disclosed in the aggregate, classified by the basis for the temporary impairment: () () () Amortized Basis Before OTTI OTTI Impairment Recognized in Loss Fair Value - OTTI Recognized st Qtr. a. Intent to Sell $ 0 $ 0 $ 0 b. Inability or lack of intent to retain the investment in the security for a period of time sufficient to recover the amortized cost basis $ 0 $ 0 $ 0 c. Total st Qtr. $ 0 $ 0 $ 0 OTTI Recognized nd Qtr. d Intent to Sell $ 0 $ 0 $ 0 e. Inability or lack of intent to retain the investment in the security for a period of time sufficient to recover the amortized cost basis $ 0 $ 0 $ 0 f. Total nd Qtr. $ 0 $ 0 $ 0 OTTI Recognized rd Qtr. g. Intent to Sell $ 0 $ 0 $ 0 h. Inability or lack of intent to retain the investment in the security for a period of time sufficient to recover the amortized cost basis $ 0 $ 0 $ 0 i. Total rd Qtr. $ 0 $ 0 $ 0 OTTI Recognized th Qtr. j. Intent to Sell $ 0 $ 0 $ 0 k. Inability or lack of intent to retain the investment in the security for a period of time sufficient to recover the amortized cost basis $ 0 $ 0 $ 0 l. Total th Qtr. $ 0 $ 0 $ 0 m. Annual Aggregate Total $ 0 () As of December, 06, loan backed securities currently held by the Company with a recognized other-thantemporary impairment, in which the present value of cash flows expected to be collected is less than the amortized cost basis of the securities are listed below. () () () () () (6) (7) CUSIP Book/Adjusted Carrying Value Amortized Before Current Period OTTI Present Value of Projected Cash Flows Recognized Other-Than- Temporary Impairment Amortized After Other-Than- Temporary Impairment Fair Value at time of OTTI Date of Financial Statement Where Reported 760G-Y9-6 $,9 $ 0 $,9 $ 0 $ 0 09/0/0 760G-Y9-6,0 996, //0 760G-Y9-6 08,077 9,069 9,008 9,069 9,069 09/0/0 760G-Y9-6 7,9 09,8 7,9 09,8 09,8 06/0/0 760G-Y9-6 0,6 7,9 86,987 7,9 7,9 0//0 760G-Y9-6,779,09 89,68,09,09 //0 760G-Y9-6 08,6 6,890,66 6,890 6,890 09/0/ G-Y9-6 80,6 00,6 0, 00,6,79 06/0/009 8P-CB- 9,68,709 7,97,709,709 //0 8P-CB- 9,68 9,08 (7) 9,08 9,08 06/0/0 8P-CB- 6,66 9,68,980 9,68 9,68 0//0 8P-CB- 7,,87 90,68,87 67,7 09/0/009 8P-CH- 9,09 8,0,0 8,0 8,0 06/0/0 8P-CH- 68, 9,09 08,8 9,09 9,09 0//0 869D-TG- 60,0 08,9 9,0 08,9 6,9 09/0/009 Total XXXXXX XXXXXX $,7,700 XXXXXX XXXXXX XXXXXXXX () All impaired loan-backed securities (fair value is less than cost or amortized cost) for which an OTTI has not been recognized in earnings as a realized loss (including securities with a recognized OTTI for non-interest related declines when a non-recognized interest related impairment remains) are listed below..

16 NOTES TO FINANCIAL STATEMENTS a) The aggregate amount of unrealized losses b) The aggregate related fair value of loan-backed securities with unrealized losses E) Repurchase Agreements and/or Securities Lending Transactions: None F) Real Estate: None G) Investments in Low Income Housing Credits (LIHTC): None H) Restricted Assets (Including pledged): () Restricted Assets (Including pledged) ) Less Than Months $,6,08 ) Months or Longer $,60,90 ) Less Than Months $,0,76 ) Months or Longer $ 9,78, Current Year Gross Restricted Percentage () () () () () (6) (7) (8) (9) (0)/() Restricted Asset Category Total General Account (G/A) G/A Supporting Protected Cell Account Activity (a) Total Protected Cell Account Restricted Assets Protected Cell Account Assets Supporting G/A Activity (b) Total ( plus ) Total From Prior Year Increase/ (Decrease) ( minus 6) Total Non- Admitted Restricted Gross Admitted & Non- Total Admitted Admitted Restricted Restricted to Total ( minus 8) Assets a. Subject to contractual obligation liab. not shown $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ % b. Collateral held under security lending agreements % c. Subject to repurchase agreements % d. Subject to reverse repurchase agreements % e. Subject to dollar repurchase agreements % f. Subject to dollar reverse repurchase agreements % g Placed under option contracts % h. Letter stock or securities restricted as to sale-excluding FHLB cap stock % i. FHLB capital stock % j. On deposit with states 6,70, ,70,09 6,678,8 (08,9) 0 6,70,09 0.7% k. On deposit with other regulatory bodies 6,989, ,989,07,69,88,9,6 0 6,989,07 9.0% l. Pledged as collateral FLHB (incl. assets backing funding agreements) % m. Pledged as collateral not captured in other categories % n. Other restricted assets,80, ,80,6 9,9,98,66,67 0,80,6 0.6% o. Total Restricted Assets $ 8,79,697 $ 0 $ 0 $ 0 $ 8,79,697 $ 69,,0 $,07,9 $ 0 $ 8,79,697 0.% (a) Subset of column (b) Subset of column () Assets Pledged as Collateral; Not Captured in Other Categories: None () Other Restricted Assets: Description of Assets Gross Restricted Current Year Percentage () () () () () (6) (7) (8) (9) (0) Gross G/A Admitted Admitted & Supporting Total Protected Protected Cell Total Current Restricted Nonadmitted Protected Cell Account Account Assets Increase/ Year to Total Total General Cell Account Restricted Supporting G/A Total Total From (Decrease) Admitted Admitted Restricted to Account (G/A) Activity (a) Assets Activity (b) ( plus ) Prior Year ( minus 6) Restricted Assets Total Assets Bonds and short term Investments held in trust for SERP Obligations $,80,6 $0 $0 $0 $,80,6 $ 9,9,98 $,66,67 $,80,6 0.6% 0.6% Total Other Restricted Assets $,80,6 $0 $0 $0 $,80,6 $ 9,9,98 $,66,67 $,80,6 0.6% 0.6% (a) Subset of column (b) Subset of column (c) Total line for columns through 7 should equal H () m column through 7, respectively, and total line for column 8 through 0 should equal H () m columns 9 through, respectively..

17 NOTES TO FINANCIAL STATEMENTS () Collateral Received and Reflected as Assets Within the Reporting Entity s Financial Statements: None I) Working Capital Finance Investments: None J) Offsetting of Assets and Liabilities: None K) Structured Notes: Book/Adjusted Mortgage-Referenced CUSIP Actual Fair Carrying Security Identification Value Value (YES/NO) 00C-GQ- $,78 $ 7,0 $ 0,86 YES 79-CN-9,69,, YES 8G-SZ-8,00,000,7,89,00,000 NO 780P-AB-,000,000,999,80,000,000 NO Total $ 9,08,7 $ 8,9,66 $ 9,06,69 XXXX L) * Securities: None 6. Joint Ventures, Partnerships and Limited Liability Companies A) The Company has no investments in Joint Ventures, Partnerships and Limited Liability Companies that exceed 0% of its admitted assets. B) The Company recorded other-than-temporary impairment charges on its limited partnership investments in Lindsay Goldberg & Bessemer II L.P., Trilantic Capital Partners IV L.P., Trilantic Capital Partners III L.P., and Lindsay Goldberg Co-II L.P., of $69,, $0,, $,7, and $,776, respectively, during 06. The Company considered both the severity and the duration of the unrealized losses in the determination of the impairments, which are primarily attributable to the limited partnerships' underlying investments in private equity securities. The impairment charges were recorded as realized capital losses in the income statement and adjusted the cost of the limited partnerships to their fair value as of the balance sheet date. The fair value of the Company's investments in limited partnerships represents the Company's share of the net asset value of the respective limited partnerships, all of which are classified in Level in accordance with SSAP No. 00, Fair Value Measurements. Refer to Note (C) (), Other Disclosures. 7. Investment Income The Company did not exclude any investment income due and accrued from surplus in 06 or Derivative Instruments None 9. Income Taxes A) The components of the net deferred tax asset/(liability) at December, 06 and December, 0 are as follows: () //06 () Ordinary () Capital () (Col +) Total (a) Gross Deferred Tax Assets $... 7,077,000 $...,07,000 $... 8,0,000 (b) Statutory Valuation Allowance Adjustments $...0 $... 0 $...0 (c) Adjusted Gross Deferred Tax Assets(a - b) $... 7,077,000 $...,07,000 $... 8,0,000 (d) Deferred Tax Assets Nonadmitted $...0 $... 0 $...0 (e) Subtotal Net Admitted Deferred Tax Asset(c -d ) $... 7,077,000 $...,07,000 $... 8,0,000 (f) Deferred Tax Liabilities $...0,000 $...6,66,000 $... 7,07,000 (g) Net Admitted Deferred Tax Asset/(Net Deferred Tax Liability) (e - f) $... 6,676,000 $... (,609,000) $...,067,000 //0 () Ordinary () Capital (6) (Col +) Total (a) Gross Deferred Tax Assets $... 6,6,000 $ ,000 $... 6,,000 (b) Statutory Valuation Allowance Adjustments $...0 $... 0 $...0 (c) Adjusted Gross Deferred Tax Assets(a - b) $... 6,6,000 $ ,000 $... 6,,000 (d) Deferred Tax Assets Nonadmitted $... 6,6,000 $... 0 $... 6,6,000 (e) Subtotal Net Admitted Deferred Tax Asset(c -d ) $...,06,000 $ ,000 $... 6,,000 (f) Deferred Tax Liabilities $...,000 $...,0,000 $...,,000 (g) Net Admitted Deferred Tax Asset/(Net Deferred Tax Liability)(e - f) $...,8,000 $... (,,000) $... 0,87,000 (7) (Col -) Ordinary Change (8) (Col -) Capital (9) (Col 7+8) Total (a) Gross Deferred Tax Assets $...(,,000) $... 8,000 $...(,7,000) (b) Statutory Valuation Allowance Adjustments $...0 $... 0 $...0 (c) Adjusted Gross Deferred Tax Assets(a - b) $...(,,000 $... 8,000 $...(,7,000) (d) Deferred Tax Assets Nonadmitted $...(6,6,000) $... 0 $...(6,6,000) (e) Subtotal Net Admitted Deferred Tax Asset(c -d ) $...,67,000 $... 8,000 $...,789,000 (f) Deferred Tax Liabilities $... 80,000 $...,6,000 $...,96,000 (g) Net Admitted Deferred Tax Asset/(Net Deferred Tax Liability)(e - f) $...,9,000 $... (,98,000) $... 0,9,000.

18 () NOTES TO FINANCIAL STATEMENTS //06 () () () Admission Calculation Components SSAP No. 0 Ordinary Capital (Col +) Total (a) (b) (c) (d) Federal Income Taxes Paid In Prior Years Recoverable Through Loss Carrybacks. $... 7,987,000 $...,000 $... 7,988,000 Adjusted Gross Deferred Tax Assets Expected To Be Realized (Excluding The Amount Of Deferred Tax Assets From (a) above) After Application of the Threshold Limitation. (The Lesser of (b) and (b) Below) $... 7,0,000 $... 0 $... 7,0,000. Adjusted Gross Deferred Tax Assets Expected to be Realized Following the Balance Sheet Date. $... 7,0,000 $... 0 $... 7,0,000. Adjusted Gross Deferred Tax Assets Allowed per Limitation Threshold. XXX XXX $... 9,7,000 Adjusted Gross Deferred Tax Assets (Excluding The Amount Of Deferred Tax Assets From (a) and (b) above) Offset by Gross Deferred Tax Liabilities. $...,80,000 $...,06,000 $...,876,000 Deferred Tax Assets Admitted as the result of application of SSAP No. 0. Total ((a) + (b) + (c)) $... 7,077,000 $...,07,000 $... 8,0,000 () Ordinary //0 () Capital (6) (Col +) Total (a) (b) (c) (d) Federal Income Taxes Paid In Prior Years Recoverable Through Loss Carrybacks. $... 8,,000 $...,000 $... 8,8,000 Adjusted Gross Deferred Tax Assets Expected To Be Realized (Excluding The Amount Of Deferred Tax Assets From (a) above) After Application of the Threshold Limitation. (The Lesser of (b) and (b) Below) $...,89,000 $... 0 $...,89,000. Adjusted Gross Deferred Tax Assets Expected to be Realized Following the Balance Sheet Date. $...,89,000 $... 0 $...,89,000. Adjusted Gross Deferred Tax Assets Allowed per Limitation Threshold. XXX XXX $...97,698,000 Adjusted Gross Deferred Tax Assets (Excluding The Amount Of Deferred Tax Assets From (a) and (b) above) Offset by Gross Deferred Tax Liabilities. $...,8,000 $... 87,000 $...,,000 Deferred Tax Assets Admitted as the result of application of SSAP No. 0.Total((a) + (b) + (c)) $...,06,000 $ ,000 $... 6,,000 (7) (Col -) Ordinary Change (8) (Col -) Capital (9) (Col 7+8) Total (a) (b) (c) (d) Federal Income Taxes Paid In Prior Years Recoverable Through Loss Carrybacks. $...(0,6,000) $...(,000) $...(0,97,000) Adjusted Gross Deferred Tax Assets Expected To Be Realized (Excluding The Amount Of Deferred Tax Assets From (a) above) After Application of the Threshold Limitation. (The Lesser of (b) and (b) Below) $...,8,000 $... 0 $...,8,000. Adjusted Gross Deferred Tax Assets Expected to be Realized Following the Balance Sheet Date. $...,8,000 $... 0 $...,8,000. Adjusted Gross Deferred Tax Assets Allowed per Limitation Threshold. XXX XXX $...(,98,000) Adjusted Gross Deferred Tax Assets (Excluding The Amount Of Deferred Tax Assets From (a) and (b) above) Offset by Gross Deferred Tax Liabilities. $...(,7,000) $... 69,000 $...(,6,000) Deferred Tax Assets Admitted as the result of application of SSAP No. 0.Total((a) + (b) + (c)) $...,67,000 $... 8,000 $...,789,000 December December () 06 0 (a) (b) Ratio Percentage Used To Determine Recovery Period And Threshold Limitation Amount..66% 06.9% Amount Of Adjusted Capital And Surplus Used To Determine Recovery Period And Threshold Limitation In (b) Above. $...68,00,9 $...6,6,87 () Impact of Tax-Planning Strategies: //06 () Ordinary () Capital (a) Determination Of Adjusted Gross Deferred Tax Assets And Net Admitted Deferred Tax Assets, By Tax Character As A Percentage.. Adjusted Gross DTAs Amount From Note 9A(c) $....7,077,000 $...,07,000. Percentage Of Adjusted Gross DTAs By Tax Character Attributable To The Impact Of Tax Planning Strategies 0.0% 0.0%. Net Admitted Adjusted Gross DTAs Amount From Note 9A(e) $....7,077,000 $...,07,000. Percentage Of Net Admitted Adjusted Gross DTAs By Tax Character Admitted Because Of The Impact Of Tax Planning Strategies 0.0% 0.0%.

19 NOTES TO FINANCIAL STATEMENTS () Ordinary //0 () Capital. Adjusted Gross DTAs Amount From Note 9A(c) $...6,6,000 $...909,000. Percentage Of Adjusted Gross DTAs By Tax Character Attributable To The Impact Of Tax Planning Strategies 0.0% 0.0%. Net Admitted Adjusted Gross DTAs Amount From Note 9A(e) $...,06,000 $...909,000. Percentage Of Net Admitted Adjusted Gross DTAs By Tax Character Admitted Because Of The Impact Of Tax Planning Strategies 0.0% 0.0% Change () (Col -) Ordinary (6) (Col -) Capital. Adjusted Gross DTAs Amount From Note 9A(c) $...(,,000) $...8,000. Percentage Of Adjusted Gross DTAs By Tax Character Attributable To The Impact Of Tax Planning Strategies 0.0% 0.0%. Net Admitted Adjusted Gross DTAs Amount From Note 9A(e) $...,67,000 $...8,000. Percentage Of Net Admitted Adjusted Gross DTAs By Tax Character Admitted Because Of The Impact Of Tax Planning Strategies 0.0% 0.0% (b) Does the Company's tax-planning strategy include the use of reinsurance? No B) All of the Companies Deferred Tax Liabilities (DTL s) were recognized. C) Current income taxes incurred consist of the following major components: () //06 () //0 () (Col -) Change () Current Income Tax: (a) Federal $...(,,000) $... 9,8,000 $...(,006,000) (b) Foreign $...9,000 $...,6,000 $... (,06,000) (c) Subtotal $... (99,000) $...,00,000 $...(,0,000) (d) Federal income tax on net capital gains $...,0,000 $... 7,6,000 $... (,8,000) (e) Utilization of capital loss carry-forwards $...0 $... 0 $... 0 (f) Other $...79,000 $... 7,000 $...,000 (g) Federal and foreign income taxes incurred $...,0,000 $...8,670,000 $...(,68,000) () Deferred Tax Assets: (a) Ordinary: () Discounting of unpaid losses $... 0,0,000 $...,80,000 $... (,70,000) () Unearned premium reserve $... 7,707,000 $... 6,90,000 $...80,000 () Policyholder reserves $...0 $... 0 $... 0 () Investments $...,88,000 $...7,098,000 $... (,6,000) () Deferred acquisition costs $...0 $... 0 $... 0 (6) Policyholder dividends accrual $...0 $... 0 $... 0 (7) Fixed assets $...0 $... 0 $... 0 (8) Compensation and benefits accrual $...,000 $... 7,000 $... (9,000) (9) Pension accrual $...,,000 $...,79,000 $...876,000 (0) Receivables - nonadmitted $...0 $... 0 $... 0 () Net operating loss carry-forward $...0 $... 0 $... 0 () Tax credit carry-forward $...,9,000 $... 0 $...,9,000 () Other (including items <% of total ordinary tax assets)) $...6,000 $...,000 $...,000 (99) Subtotal $... 7,077,000 $...6,6,000 $... (,,000) (b) Statutory valuation allowance adjustment $...0 $... 0 $... 0 (c) Nonadmitted $...0 $...6,6,000 $...(6,6,000) (d) Admitted ordinary deferred tax assets (a99 - b - c) $... 7,077,000 $...,06,000 $...,67,000 (e) Capital: //06 //0 (Col -) Change () Investments $...,07,000 $...909,000 $... 8,000 () Net capital loss carry-forward $...0 $...0 $...0 () Real estate $...0 $...0 $...0 () Other (including items <% of total capital tax assets) $...0 $...0 $...0 (99) Subtotal $...,07,000 $...909,000 $... 8,000 (f) Statutory valuation allowance adjustment $...0 $...0 $...0 (g) Nonadmitted $...0 $...0 $...0 (h) Admitted capital deferred tax assets (e99 - f - g) $....07,000 $...909,000 $... 8,000 (i) Admitted deferred tax assets (d + h) $... 8,0,000 $... 6,,000 $...,789,000.

20 NOTES TO FINANCIAL STATEMENTS () Deferred Tax Liabilities: () //06 () //0 () (Col -) Change (a) Ordinary: () Investments $... 78,000 $...76,000 $...,000 () Fixed assets $...,000 $...,000 $...78,000 () Deferred and uncollected premium $...0 $... 0 $...0 () Policyholder reserves $...0 $... 0 $...0 () Other (including items<% of total ordinary tax liabilities) $...0 $... 0 $...0 (99) Subtotal $...0,000 $...,000 $...80,000 (b) Capital: () Investments $... 6,66,000 $...,0,000 $...,60,000 () Real estate $...0 $... 0 $...0 () Other (including items <% of total capital tax liabilities) $...0 $... 0 $...0 (99) Subtotal $... 6,66,000 $...,0,000 $...,60,000 $...0 $... 0 $...0 (c) Deferred tax liabilities (a99 + b99) $... 7,07,000 $...,,000 $...,96,000 () Net deferred tax assets/liabilities (i - c) $...,067,000 $...0,87,000 $... 0,9,000 The change in deferred income taxes was comprised of the following: (in thousands) //06 //0 Change Total adjusted gross deferred tax assets $ 8,0 $ 6, $ (,7) Total adjusted gross deferred tax liabilities (7,07) (,) (,96) Net adjusted deferred tax assets $,067 $ 7,090 $ (6,0) Deferred tax asset (liabilities) on unrealized, Total change in deferred tax $ (,90) Change in deferred tax- current year $ (,90) Change in deferred tax-prior period correction - Total change in deferred tax $ (,90) D) The provision for federal income taxes is different from that which would be obtained by applying the statutory federal income tax rate to income before taxes. The significant items causing the difference are as follows: (in thousands) Tax Effective Amount Effected Tax rate Income before income tax, gross of tax on realized gains $,0 $ 7,708.00% Tax exempt interest (0,0) (,9) ( 6.%) Dividend received deduction (,8) (6) (.9%) Interest on corporate owned life insurance (99) () (.8%) Meals & entertainment % Club dues/lobby /non deductible miscellaneous % Foreign income tax expense - 9.0% Foreign tax credit - (9) (.0%) Pension/Post Retirement Benefits liability () (0.0%) Change in unrealized foreign exchange gain -, % Change in other adjustments - 0.% Total $ 9,07 $ 7,.6% Federal income tax incurred $ () (.%) Federal income tax incurred on realized capital gains,0 8.% Change in net deferred income tax,90 7.7% Total statutory income taxes $ 7,.6% E) Other Income Tax disclosures: () The Company had an AMT tax credit in 06 which carry s forward to be utilized in 07. There were no operating loss and tax credit carryforwards available for tax purposes in 06. () The following are income taxes incurred in the current and prior years that will be available for recoupment in the event of future net losses: (in thousands) Ordinary Capital Total 06 (current year) $ ( ) $,0 $,0 0 (current year-) $ 9,997 $ 7,6 $ 7, 0 (current year-) N/A $ 9,99 $ 9,99 () The Company currently has no deposits reported as admitted assets under Section 660 of the Internal Revenue Service Code. F) The Company s federal income tax return is not consolidated with any other entity. 0. Information Concerning Parent, Subsidiaries, Affiliates and Other Related Parties A) All outstanding shares of the Company are owned by The Toa Reinsurance Company, Limited, located in Tokyo, Japan. An ordinary dividend in the amount of $0,000,000 was paid by the Company on March 8, 06..6

21 NOTES TO FINANCIAL STATEMENTS B) There are no material related party transactions to report. C) There are no material changes to the methods or terms of related party transactions to report. D) Material amounts due to related parties: None E) Guarantees or undertakings of an affiliate or third party that resulted in a material contingent exposure of related party s assets or liabilities: None F) Material management or service contracts and cost sharing arrangements: None G) Nature of Control Relationships: All outstanding shares of the Company are owned by The Toa Reinsurance Company, Limited, located in Tokyo, Japan H) Upstream, downstream amounts: None I) Investments in Subsidiary, Controlled and Affiliated entities that exceed 0% of admitted assets: None J) Impairment write down(s) for investments in SCAs: None K) Interest rates and mortality assumptions used in the calculation of investments in foreign insurance subsidiaries: None L) Investments in downstream noninsurance holding companies: None M) Admitted and Non-admitted Values of Investments in SCA: None N) Investment in SCA s in which audited statutory equity reflects a departure from NAIC prescribed practices: None. Debt None. Retirement Plans, Deferred Compensation, Post-employment Benefits and Compensated Absences and Other Postretirement Benefit Plans A) Defined Benefit Plan: The Company maintains a qualified noncontributory defined benefit pension plan which covers substantially all of its employees. The benefits are based on an employee s years of service and highest average compensation for any five consecutive years of service. The Company s policy is to fund pension costs in accordance with applicable regulations. Total pension costs for the defined benefit plan were $,,78 in 06 and $,0,887 in 0. The defined benefit liability is recognized in the following financial statement line items: Loss adjustment expenses (AS Pg., line ) $ 96,7 Other expenses (AS Pg., line ),7,0 Post retirement liability (AS Pg., line 0),0,97 Total liabilities recognized $ 6,869,97 The Company also maintains a supplemental employee retirement plan for several key persons. The Company, in respect of the supplemental plan, has an accrued liability of $,00,06 in 06 and $,87,7 in 0 and an accrued benefit cost of $,78,009 in 06 and $,, in 0. The Company expensed $0,9 in 06 and $0,88 in 0 for the supplemental employee retirement plan. The supplemental employee retirement plan liability is recognized in the following financial statement line items: Loss adjustment expenses (AS Pg., line ) $ 87, Other expenses (AS Pg., line ),090,878 Post retirement liability (AS Pg., line 0),7,0 Total liabilities recognized $,00,06 A reconciliation of beginning and ending balances of the benefit obligation for pension benefits, postretirement benefits and special or contractual termination benefits showing separately, if applicable, the effects during the period attributable to each of the below: () Change in benefit obligation a. Pension Benefits Overfunded Underfunded Benefit obligation at beginning of year $...0 $...0 $...0,0,7 $... 6,6,68. Service cost $...0 $...0 $...,,87 $...,8,6. Interest cost $...0 $...0 $...,669,60 $...,,97. Contribution by plan participants $...0 $...0 $... 0 $...0. Actuarial (gain) loss $...0 $...0 $...,660,00 $...,7,0 6. Foreign currency exchange rate changes $...0 $...0 $... 0 $ Benefits paid $...0 $...0 $...(90,) $... (76,7) 8. Plan amendments $...0 $...0 $... 0 $ Business combinations, divestitures, curtailments, settlements and special termination benefits $...0 $...0 $... 0 $ Benefit obligation at end of year $...0 $...0 $...,6,678 $... 0,0,7.7

22 NOTES TO FINANCIAL STATEMENTS b. Postretirement Benefits Overfunded Underfunded Benefit obligation at beginning of year $...0 $...0 $...7,9,760 $...,98,. Service cost $...0 $...0 $...,00,8 $...897,. Interest cost $...0 $...0 $... 79,96 $...6,8. Contribution by plan participants $...0 $...0 $... 0 $...0. Actuarial (gain) loss $...0 $...0 $...(6,) $...,86, 6. Foreign currency exchange rate $...0 $...0 $... 0 $...0 changes 7. Benefits paid $...0 $...0 $...(77,696) $... (,8) 8. Plan amendments $...0 $...0 $... 0 $ Business combinations, divestitures, curtailments, settlements and special termination benefits $...0 $...0 $... 0 $ Benefit obligation at end of year $...0 $...0 $...9,0, $... 7,9,760 c. Special or Contractual Benefits per SSAP No. Overfunded Underfunded Benefit obligation at beginning of year $...0 $...0 $... 0 $...0. Service cost $...0 $...0 $... 0 $...0. Interest cost $...0 $...0 $... 0 $...0. Contribution by plan participants $...0 $...0 $... 0 $...0. Actuarial (gain) loss $...0 $...0 $... 0 $ Foreign currency exchange rate $...0 $...0 $... 0 $...0 changes 7. Benefits paid $...0 $...0 $... 0 $ Plan amendments $...0 $...0 $... 0 $ Business combinations, divestitures, curtailments, settlements and special termination benefits $...0 $...0 $... 0 $ Benefit obligation at end of year $...0 $...0 $... 0 $...0 () Change in plan assets Special or Contractual Pension Benefits Postretirement Benefits Benefits Per SSAP No a. Fair value of plan assets at beginning of year $,86, $.,908,87 $... 0 $... 0 $...0 $... 0 b. Actual return on plan assets $..,880,67 $...(88,) $... 0 $... 0 $...0 $... 0 c. Foreign currency exchange rate changes $...0 $...0 $... 0 $... 0 $...0 $... 0 d. Reporting entity contribution $..,0,000 $..,67,97 $... 77,696 $...,8 $...0 $... 0 e. Plan participants' contributions $...0 $...0 $...9,0 $... 9,60 $...0 $... 0 f. Benefits paid $. (90,) $...(76,7) $..(87,098) $..(6,09) $...0 $... 0 g. Business combinations, divestitures and settlements $...0 $...0 $... 0 $... 0 $...0 $... 0 h. Fair value of plan assets at end of year $ 7,66,76 $.,86, $... 0 $... 0 $...0 $... 0 () Funded Status Pension Benefits Postretirement Benefits Overfunded: a. Assets (nonadmitted). Prepaid benefit costs $... 0 $...0 $...0 $...0. Overfunded plan assets $... 0 $...0 $...0 $...0. Total assets (nonadmitted) $... 0 $...0 $...0 $...0 Underfunded: b. Liabilities recognized. Accrued benefit costs $...,8,9 $...,,7 $...,7,89 $...,96,. Liability for pension benefits $...,0,97 $... 0,7,99 $...,0,9 $...,7,08. Total liabilities recognized $...6,869,97 $... 6,06,76 $... 9,0, $...7,9,760 c. Unrecognized liabilities $... 0 $...0 $...0 $... () Components of net periodic benefit cost Special or Contractual Pension Benefits Postretirement Benefits Benefits Per SSAP No a. Service cost $...,,87 $...,8,6 $...,00,8 $...897, $... 0 $...0 b. Interest cost $...,669,60 $...,,97 $...79,96 $...6,8 $... 0 $...0 c. Expected return on plan assets $.. (,8,60) $...(,0,0) $...0 $...0 $... 0 $...0 d. Transition asset or obligation $... 0 $...0 $...0 $...0 $... 0 $...0 e. Gains and losses $...786,60 $...60,77 $...8,99 $...6,7 $... 0 $...0 f. Prior service cost or credit $... 0 $...89,770 $...6,7 $...6,607 $... 0 $...0 g. Gain or loss recognized due to a settlement or curtailment $... 0 $...0 $...0 $...0 $... 0 $...0 h. Total net periodic benefit cost $...,,78 $...,0,887 $...,009,0 $...,9,9 $... 0 $...0.8

23 NOTES TO FINANCIAL STATEMENTS () Amounts in unassigned funds (surplus) not yet recognized as components of net periodic benefit cost Pension Benefits Postretirement Benefits a.items not yet recognized as a component of net periodic cost - prior year $...0,7,99 $...7,99,8 $...,7,08 $...,0,6 b.net transition asset or obligation recognized $... 0 $...0 $... 0 $... 0 c. Net prior service cost or credit arising during the period $... 0 $...0 $... 0 $... 0 d.net prior service cost or credit recognized $... 0 $... (89,770) $...(6,7) $... (6,607) e.net gain and loss arising during the period $...,8,0 $...,7,7 $...(6,) $...,86, f. Net gain and loss recognized $...(786,60) $... (60,77) $...(8,99) $...(6,7) g.items not yet recognized as a component of net periodic cost - current year $...,0,97 $... 0,7,99 $...,0,9 $...,7,08 (6) Amounts in unassigned funds (surplus) expected to be recognized in the next fiscal year as components of net periodic benefit cost Pension Benefits Postretirement Benefits a.net transition asset or obligation $... 0 $...0 $... 0 $... 0 b.net prior service cost or credit $... 0 $...0 $...6,7 $...6,607 c. Net recognized gains and losses $...808,6 $...786,60 $... 8,99 $... 6,7 (7) Amounts in unassigned funds (surplus) that have not yet been recognized as components of net periodic benefit cost: Pension Benefits Postretirement Benefits a.net transition asset or obligation $... 0 $... 0 $...0 $... 0 b.net prior service cost or credit $... 0 $... 0 $...,8, $...,,087 c. Net recognized gains and losses $...,0,97 $...0,7,99 $...,66,99 $...,0, (8) Weighted-average assumptions used to determine net periodic benefit cost as of Dec. : 06 0 a.weighted-average discount rate.%.08% b.expected long-term rate of return on plan assets 6.% 6.0% c. Rate of compensation increase.00%.00% Weighted-average assumptions used to determine projected benefit obligations as of Dec. : 06 0 d.weighted-average discount rate.%.% e.rate of compensation increase.00%.00% A measurement period from /0/06 to //06 was used to determine the above assumptions. For measurement purposes as of December, 06 an 8% annual rate of increase in the per capita cost of covered health care benefits was assumed for 06. The rate was assumed to decrease gradually to.0% through year 0 and remain at that level thereafter. (9) The amount of the accumulated benefit obligation for the defined benefit pension plans was $0,90,6 the current year and $6,77,89 for the prior year. (0) Non-pension post retirement plans The Company provides certain healthcare and life insurance benefits for retired employees. The Company incurs these service costs over the employee s vesting period. Any cost related to services rendered prior to becoming eligible and vested in the plan are recognized as a component of the net periodic costs in the period the employee becomes vested. If the Company s contributions are in excess of those required under the plans, such amounts are recorded as a prepaid expense and non-admitted under statutory accounting principles. The non-pension postretirement benefit plan liability is recognized in the following financial statement line items: Loss adjustment expenses (AS Pg., line ) $,09,68 Other expenses (AS Pg., line ),08,9 Post retirement liability (AS Pg., line 0),0,9 Total liabilities recognized $ 9,0, () health care cost trend rates have a significant effect on the amounts reported for the health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects: Percentage Point Increase Percentage Point Decrease a.effect on total service and interest cost components $,086, $,00,00 b.effect on postretirement benefit obligation $,6,0 $,7,.9

24 NOTES TO FINANCIAL STATEMENTS () The following estimated future payments, which reflect expected future service, as appropriate, are expected to be paid in the years indicated: Year(s) Amount a. 07 $,,9 b. 08 $,7,7 c. 09 $,09,0 d. 00 $,9, e. 0 $ 6,79,7 f $,89,99 () In 06, The Company made contributions of $,0,000 to its defined benefit plan. The Company anticipates making contributions of $,77, during 07. ()-(9) Not applicable (0) Accumulated Benefit Obligation and Fair Value of plan assets Pension Benefits Postretirement Benefits Accumulated Benefit Obligation $ 0,90,6 $ 9,0, Fair Value of Plan Assets $ 7,66,76 N/A () The Company elected not to apply the transition guidance set forth in SSAP No. 0 Accounting for Pensions, and SSAP No. 9, Postretirement Benefits Other Than Pensions. B) Investment policies: The Company s investment strategy, as developed by investment manager Principal Financial Group, is to build an efficient, well diversified portfolio based on a long-term, strategic outlook of the investment markets. The investment market outlook utilizes both historical based and forward-looking return forecasts to establish future return expectations for various asset classes. These return expectations are used to develop a core asset allocation based on the needs of the plan. The core asset allocation utilizes investment portfolios of various asset classes and multiple investment managers in order to help maximize the plan s return while providing multiple layers of diversification to help minimize risk. C) Fair Value of Plan Assets: () Fair Value Measurements of Plan Assets at Reporting Date: Description for each class of plan assets (Level ) (Level ) (Level ) Total Pooled Separate Acct. - Large U.S. Equity $...0 $ 6,06,76 $... 0 $ 6,06,76 Pooled Separate Acct. - Small/Mid U.S. Equity...0,079,... 0,079, Pooled Separate Acct. - International Equity...0,7, ,7,78 Pooled Separate Acct. - Balanced Asset Allocation , ,0 Pooled Separate Acct. - Fixed Income...0 7,0, ,0,6 Total Plan Assets $...0 $ 7,66,76 $... 0 $ 7,66,76 () Fair Value Measurements in Level of the Fair Value Hierarchy: None D) Basis used to determine the overall expected long term rate of return: The expected long term return on plan assets assumption was developed based on the target asset allocation of the plan and the long-term capital market assumptions. The overall return for each asset class was developed by combining a long-term inflation component and the associated expected real rates. The development of the capital market assumptions utilized a variety of methodologies, including, but not limited to, historical analysis, stock valuation models such as dividend discount models and earning yields models, expected economic growth outlook, and market yields analysis. E) Defined Contribution Plans: The Company provides a 0(K) plan for all eligible employees. The Company matches 0% of employee contributions, up to the first 8% of salary deferral. The cost of the 0(K) plan was $,80 in 06 and $67,7 in 0. F) Multiemployer plans: None G) Consolidated/Holding Company plans: None H) Post-Employment Benefits and Compensated Absences: None I) Impact of Medicare Modernization Act on Postretirement Benefits: No material impact on the Company.. Capital and Surplus, Dividend Restrictions and Quasi-Reorganizations ) The Company has 00 shares authorized, 00 shares issued, and 00 shares of outstanding common stock. ) Company has no preferred stock outstanding..0

25 NOTES TO FINANCIAL STATEMENTS ) The maximum amount of dividends which can be paid by State of Delaware insurance companies to shareholders without prior approval of the Insurance Commissioner is subject to restrictions relating to statutory surplus. Statutory surplus at December, 06 was $669,67,9. The maximum dividend payout which may be made without prior approval in 07 is $66,96,7. ) An ordinary dividend in the amount of $0,000,000 was paid by the Company on March 8, 06. ) Within the Limitations of () above, there are no restrictions placed on the portion of Company profits that may be paid as ordinary dividends to stockholders. 6) There were no restrictions placed on the Company s surplus. 7) There are no advances to surplus to be repaid. 8) Shares of stock held by the Company, including stock of affiliated companies, for special purposes: None 9) Changes in balances of special surplus funds from the prior year: None 0) The portion of unassigned funds (surplus) represented by cumulative unrealized gains, including unrealized foreign exchange gains and losses on invested assets, is $7,7,6 at December, 06. ) Surplus debentures or similar obligations: None ) Impact of any restatement due to prior quasi-reorganizations: None ) Effective dates of all quasi-reorganizations in the prior 0 years: None. Liabilities, Contingencies, and Assessments A) Contingent commitments: () As of December, 06, the Company had commitments to invest $7,9,0 in Limited Liability Partnerships that primarily invest in private equity securities. () Nature of guarantee commitments: None () Aggregate maximum potential of future payments on all guarantees: None B) Assessments: None. C) Gain contingencies: None D) Claims related extra contractual obligation and bad faith losses stemming from lawsuits: None E) Product Warranties: None F) Joint and Several Liabilities: None G) All Other Contingencies: Various arbitrations against the Company have arisen in the course of the Company s business. Contingent liabilities arising from arbitrations, income taxes and other matters are either not considered material in relation to the financial position of the Company, or an estimate of possible losses cannot be made. The company has no asset that it considers to be impaired other than specific securities identified in Note section (C).. Leases A) Lessee Leasing Arrangements: () The Company s current leasing arrangements are as follows: a) The Company maintains operating leases for its Canadian branch and Irvine California office space. Such lease agreements, which expire at various times, are generally renewed or replaced by similar leases. Total rent expense under operating leases for the Canadian branch office space for the periods ended December, 06 and December, 0 was $6,67 and $9,0, respectively. The Canadian branch office lease was signed on January, 0. The lease was renewed on February 7, 0 and will remain effective through September 0, 0. The original Irvine, California office lease had a two-year non-cancelable lease term, beginning June, 00. The lease was renewed on July, 0 for an additional years through October, 07. Total rent expense under operating leases for the California office space for the periods ended December, 06 and December, 0 was $9,97 and $7,90 respectively. () Minimum aggregate rental commitments are as follows: a) At December, 06 the minimum aggregate rental commitments are as follows: Year Ending December Operating Leases () 07 $,8 () 08 08,76 () 09,0 () 00,9 () 0,9 (6) Total $ 89,09 () The Company is not involved in any material sales-leaseback transactions..

26 NOTES TO FINANCIAL STATEMENTS B) Lessor Leases () Operating Leases a) The Company has entered into operating leases whereby the Company leases a portion of its Morristown building. These leases expire at various periods over the next several years. Rental income from these leases was $7,666 and $,0 for the periods ended December, 06 and December, 0, respectively. As of December, 06, the Company owns no additional real estate other than the Morristown office building. b) Not applicable c) Future minimum lease payment receivables under non-cancelable leasing arrangements as of December, 06 are as follows: Year Ending December Operating Leases () 07 $,8 () 08, () 09 6,7 () 00 6,60 () 0 0,98 (6) Total $ 6,706 () Leveraged Leases: None 6. Information About Financial Instruments With Off-Balance Sheet Risk and Financial Instruments with Concentrations of Credit Risk None 7. Sale, Transfer and Servicing of Financial Assets and Extinguishments of Liabilities A) Transfers of Receivables Reported as Sales: None B) Transfers and Servicing of Financial Assets: None C) Wash Sales: () In the course of the company s asset management, securities are, at times, sold and reacquired within 0 days to enhance the company s yield on its investment portfolio. () The details by NAIC designation or below, or unrated securities sold during the year ended December, 06 and reacquired within 0 days of the sale date are: Description NAIC Designation Number of Transactions Book Value of Securities Sold of Securities Repurchased Gain(Loss) Common Stock N/A 6 $ 77, $ 6,90 $ (8,08) 8. Gain or Loss to the Reporting Entity from Uninsured Plans and the Uninsured Portion of Partially Insured Plans None 9. Direct Premium Written/Produced by Managing General Agents/Third Party Administrators None 0. Fair Value Measurements A) Inputs used for Assets and Liabilities Measured at Fair Value: () Fair Value Measurements at Reporting Date: a.) Description for each class of asset or liability (Level ) (Level ) (Level ) Total Assets at fair value Bonds: Industrial and Misc $ 0 $,00,8 $ 0 $,00,8 Bonds: Mortgage/asset backed 0,8 0,8 Bonds: All other governments 0,7,7 0,7,7 Common Stock: Industrial & Misc 9,60, ,60,900 Common Stock: Exchange Traded Funds 7,90, ,90,8 Other Invested Assets: (LLPs) 0 0,0,798,0,798 Total Assets at fair value $ 0,6,8 $ 6,988,07 $,0,798 $ 0,09, b.) Liabilities at fair value None.

27 NOTES TO FINANCIAL STATEMENTS () Fair Value measurements in (Level ) of the Fair Value Hierarchy: Description Beginning Balance at 0/0/06 Transfers into Level Transfers Out of Level Total gains and (losses) Included in Net Income Total gains and (losses) included in Surplus Purchases Issuances Sales Settlements Ending Balance at //06 a.) Assets Other Assets: (LLPs) $ 7,,07 $ 0 $ 0 $ (,,6) $ (,88,) $ 9,79 $ 0 $,077,86 $ 0 $,0,798 Bonds: Mortgage/asset backed Total Assets $ 7,,07 $ 0 $ 0 $ (,,6) $ (,88,) $ 9,79 $ 0 $,077,86 $ 0 $,0,798 b.) Liabilities None () Recognition of Transfers between Levels: Transfers between fair value levels are recognized at the end of the reporting period, during which the event or change in circumstances that caused the transfer arose. () Fair Value Measurement Techniques: Fair value measurements in Level are generally valued using the market approach and income approach. Fair value measurements of loan- backed securities in Level are generally valued using the market approach and income approach, and fair value measurements of limited liability partnerships in Level are generally valued using the market approach and income (discounted cash flow) approach. The Company's investments in Level, particularly those in limited liability partnerships, are less liquid than those in Level. Level assets and liabilities incorporate quoted prices in markets that are not active or inputs that are observable either directly or indirectly. The inputs utilized in Level include quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the asset or liability. Level assets and liabilities incorporate unobservable inputs that are supported by little or no market activity, which are significant to the fair value of the asset or liability. Unobservable inputs reflect the Company's own assumptions that market participants would use in pricing the asset or liability. Level valuations may incorporate pricing models, discounted cash flow methodologies, or similar techniques, as well as significant judgment and estimation by the Company. Level assets are generally priced directly by an independent, third-party pricing service. Level assets, which are solely comprised of investments in limited liability partnerships at December, 06, are carried at net asset value, which is based upon the underlying audited GAAP equity of the partnership. () Derivative Assets and Liabilities: Not Applicable B) Fair Value information disclosed under SSAP No. 00, combined with Fair Value Measurements Disclosed under Other Accounting Pronouncements as of December, 06: Not required C) The following table presents the carrying amounts and fair value of the Company s financial instruments as of December, 06: Type of Financial Instrument Aggregate Fair Value Admitted Assets Level Level Level Not Practicable Carrying Value Bonds $,,66,8 $,0,0, $ 0 $,,66,8 $ 0 $ 0 Common Stock $ 0,6,8 $ 0,6,8 $ 0,6,8 $ 0 $ 0 $ 0 Cash, cash equivalents & short term $,86,097 $,86,097 $,86,097 $ 0 $ 0 $ 0 Other Invested Assets $,0,798 $,0,798 $ 0 $ 0 $,0,798 $ 0 D) Not Practicable to Estimate Fair Value: None. Other Items A) Unusual or Infrequent Items: None B) Troubled Debt Restructuring: None C) Other Disclosures: () The Company elected to report amounts to the nearest dollar. () At December, 06 and December, 0, assets in the amount of $70,9,066 and $9,8, respectively, were on deposit with federal and state regulatory authorities in compliance with statutory requirements. () In accordance with Statement of Statutory Accounting Principles (SSAP) No. 6, Bonds, excluding Loan-backed and Structured Securities, SSAP No. R, Loan Backed Securities, and SSAP No. 0, Investments in Common Stock, the Company regularly reviews its investments to determine whether a decline in fair value below the book adjusted carrying value is other than temporary. The Company recorded other-than-temporary impairments of $,89 on limited liability partnership investments and corporate bonds, respectively, for the year ended December, 06. The investments cost was adjusted to fair value and realized capital losses were recorded in the income statement.

28 NOTES TO FINANCIAL STATEMENTS The table below reconciles the beginning and ending other than temporary balance sheet values: Common Bonds Stocks Other Total Beginning balance on January, 06 $ 690, $ 0 $ 9,9,9 $ 0,6,98 sale of items previously written down (9,60) 0 0 (9,60) year OTTI write down,89 0 8,8,78,0 Ending balance on December, 06 $ 6,0 $ 0 $0,769,777 $,0,799 () The Company holds thirty bonds that were rated below investment grade by Standard and Poor s or Moody s. The book adjusted carrying value of these securities was $,00,78 at December, 06, which includes NAIC-modeled loan-backed securities of $9,,9 (eighteen bonds) and $97,789 (one bond) with NAIC Designations of FM and FM, respectively. D) Business Interruption Insurance Recoveries: None E) State Transferrable Tax Credits: None F) Subprime Mortgage Related Risk Exposure: () The Company employs external investment managers. These managers use FICO scores as the main metric to determine if loans are subprime. A FICO score below 60 is the cutoff for being a subprime borrower. FICO scores between 60 and 680 are considered near prime and FICO scores above 680 are considered prime. In the last five years, it has been common industry practice to provide FICO stratification in the prospectus of a mortgage backed bond. The borrowers FICO scores are bucketed and percentages of the deal are assigned to each FICO Bucket. By using FICO allocation along with LTV ratios and documentation requirements, the Company in consultation with its investment managers determines if a mortgage pool is subprime. The Company evaluates the severity and length of decline in the fair value as well as evaluation of expected discounted cash flows and general market conditions in consultation with its external investment managers to determine if unrealized losses are due to changes in asset values or exposure to underlying loan losses. If a security s extended decline in fair value is determined to be the result of exposure to realized losses resulting from receiving less than anticipated cash flows, that security is written down to the then current fair value and an other than temporary loss is recorded. None of the securities in the portfolio met these criteria. Changes in asset values and general fair conditions are reflected in the fair value of investment grade securities. For non-investment grade securities, these changes in value are reflected in the BACV of the security and reduce surplus. Surveillance of non-agency mortgage-backed securities involves analysis of monthly remittance data by the Company s external investment manager and reports of same to the Company. Market values and rating actions are monitored daily. () The Company has no direct investments in unsecuritized mortgage loans, including subprime mortgages. The Company s exposure is through investments in mortgage-backed pools containing subprime loans; therefore loan level detail is not available. () Subprime Mortgage Risk through Other Investments: Actual Book Adjusted Carrying Value (excluding interest) Fair Value Other Than Temporary Impairment Losses Recognized a) Residential mortgage-backed securities $,89, $,8,7 $,7, $ 0 b) Commercial mortgage-backed securities c) Collateralized debt obligations d) Structured securities e) Equity investments in SCA s f) Other Assets Total Mortgage Risk through Other Investments $,89, $,8,7 $,7, $ 0 () Underwriting exposure to subprime mortgage risk: None G) Exposure to Insurance Linked Securities (ISL s): None:. Events Subsequent Type I-Recognized Subsequent Events: Subsequent events have been considered through February 7, 07 for the statutory statement issued on December, 06 The Company has no recognized subsequent events to report Type II-Recognized Subsequent Events: Subsequent events have been considered through February 7, 07 for the statutory statement issued on December, 06 A) Did the reporting entity write accident and health insurance premium that is subject to Section 900 of the Federal Affordable Care Act? (YES/NO)? Current Year Prior Year YES/NO NO.

29 NOTES TO FINANCIAL STATEMENTS B) ACA fee assessment payable for the upcoming year 0 0 C) ACA fee assessment paid 0 0 D) Premium written subject to ACA 900 assessment 0 0 E) Total Adjusted Capital before surplus adjustment (Five-Year Historical Line 8) 669,67 F) Total Adjusted Capital after surplus adjustment (Five-Year Historical Line 8) minus B above) 669,67 G) Authorized Control Level (Five-Year Historical Line 9) 0 H) Would reporting the ACA assessment as of Dec., 06 triggered an RBC action level (YES/NO)? NO. Reinsurance A) Unsecured reinsurance recoverables: None B) Reinsurance recoverable in dispute: None C) Reinsurance and : () Reinsurance Reinsurance Net Premium Reserve Commission Equity Premium Reserve Commission Equity Premium Reserve Commission Equity a) Affiliates $ 0 $ 0 $,9, $,8,6 $ (,9,) $ (,8,6) b) All Other,6,,08,80 0,77,76,6,0,079,079 c) Total $,6, $,08,80 $,,688 $,,907 $ 0,9,6 $ 0,960,9 d) Direct Unearned Premium Reserve $0 Line (c) of Reinsurance Premium Reserve Column must equal Page, Line 9, first inside amount. () The additional or return commission, predicated on loss experience or on any other form of profit sharing arrangements in this annual statement as a result of existing contractual arrangements, is accrued as a (receivable) or payable as follows: () () () () Direct Net a) Contingent Commission $ 0 $ 0 $ 0 $ 0 b) Sliding Scale Adjustments 0 (79,00) (6,8) (0,07) c) Other Profit Commission Arrangements 0,887,8 70,67,6, d) Total $ 0 $,67,78 $, $,8,9 () Risks Associated with protected cells: None D) Uncollectible reinsurance: None E) During 06 commutations completed on ceded reinsurance contracts had no material impact on the Company s financial results. F) Retroactive Reinsurance: None G) Reinsurance Accounted for as a Deposit: None H) Disclosures for the Transfer of Property and Casualty Run-off Agreements: None I) Certified Reinsurer Rating Downgrade or Status Subject to Revocation: None J) Reinsurance Agreements Qualifying for Reinsurer Aggregation: None. Retrospectively Rated Contracts and Contracts Subject to Redetermination None. Change in Losses and Loss Adjustment s Reserves as of December, 06 were $86 million. As of December, 06, $7 million has been paid for losses and loss adjustment expenses attributable to insured events of prior years. Reserves remaining for prior years are now $606 million as a result of the re-estimation of unpaid claims and claim adjustment expenses principally on liability lines of insurance. Original estimates are increased or decreased, as additional information becomes known regarding individual claims. The Company experienced no unfavorable prior year loss development on retrospectively rated policies. However, the business to which it relates is subject to premium adjustments. The change in the liability for loss and loss adjustment expenses is summarized as follows:.

30 NOTES TO FINANCIAL STATEMENTS (in thousands) December December 06 0 Balance on January, $ 86,79 $ 87,9 Less reinsurance recoverables 7,06 6, Net balance at January, 808,79 8,086 related to Current accident year 70,06 8,76 Unrealized foreign exchange gain(loss),97 (8,7) Prior accident years,06,070 Total 9,06,098 Paid related to Current accident year 0, 8,89 Prior accident years 7,08 09,606 Total Paid 67,80 8, Balance as of end of period 8,8 808,79 Add reinsurance recoverables 6,0 7,06 Balance at period end $ 900,866 $ 86,79 6. Intercompany Pooling Arrangements None 7. Structured Settlements None 8. Health Care Receivables None 9. Participating Policies None 0. Premium Deficiency Reserves None. High Deductibles None. Discounting of Liabilities for Unpaid Losses or Unpaid Loss Adjustment None. Asbestos/Environmental Reserves A) Does the Company have on the books, or has it ever written, an insured for which you have identified a potential for the existence of a liability due to asbestos loss? Yes ( X ) No ( ) The Company s exposure to asbestos losses arises from the sale of contracts that reinsure general liability insurance. The Company tries to estimate the impact of the asbestos exposure by establishing full case basis reserves on all known losses and computing incurred but not reported losses based on previous experience. () Direct a) Beginning reserves: $ 0 $ 0 $ 0 $ 0 $ 0 b) losses and loss adjustment expense: c) Calendar year payments for losses and loss adjustment expenses: d) Ending reserves: $ 0 $ 0 $ 0 $ 0 $ 0 () Reinsurance a) Beginning reserves: $,6,088 $ 9,0,609 $,90, $,7,8 $ 8,0,69 b) losses and loss adjustment expense: (776,8) 7,989,0,6, 8,0,0,86,6 c) Calendar year payments for losses and loss adjustment expenses:,6,996,07,67,69,89,7,909,87,60 d) Ending reserves: $ 9,0,609 $,90, $,7,8 $ 8,0,69 $ 9,7,6.6

31 NOTES TO FINANCIAL STATEMENTS () Net of Reinsurance a) Beginning reserves: $ 9,66,9 $ 7,00, $ 9,69,0 $ 9,77,689 $,8,96 b) losses and loss adjustment expense: (78,98) 6,68,76,89,87 7,88,000,068,78 c) Calendar year payments for losses and loss adjustment expenses:,07,87,97,,06,88,9,7,7,8 d) Ending reserves: $ 7,00, $ 9,69,0 $ 9,77,689 $,8,96 $ 6,7, B) State the amount of the ending reserves for Bulk + IBNR included in A (Loss & LAE): () Direct Basis: $ 0 () Reinsurance Basis: $,,9 () Net of Reinsurance Basis: $,0,98 C) State the amount of the ending reserves for loss adjustment expenses included in A (Case, Bulk + IBNR): () Direct Basis: $ 0 () Reinsurance Basis: $,77, () Net of Reinsurance Basis: $,099,006 D) Does the Company have on the books, or has it ever written, an insured for which you have identified a potential for the existence of a liability due to environmental losses? Yes ( X ) No ( ) The Company s exposure to environmental losses arises from the sale of contracts that reinsure general liability insurance. The Company tries to estimate the impact of the environmental exposure by establishing full case basis reserves on all known losses and computing incurred but not reported losses based on previous experience. () Direct a) Beginning reserves: $ 0 $ 0 $ 0 $ 0 $ 0 b) losses and loss adjustment expense: c) Calendar year payments for losses and loss adjustment expenses: d) Ending reserves: $ 0 $ 0 $ 0 $ 0 $ 0 () Reinsurance a) Beginning reserves: $,86,067 $,6,68 $,0, $,08,6 $,6,70 b) losses and loss adjustment expense: (87,8) 0,06 (6,78),78,69 99,78 c) Calendar year payments for losses and loss adjustment expenses: 9,8 98,9 6,9 669,7 69, d) Ending reserves: $,6,68 $,0, $,08,6 $,6,70 $,7,90 () Net of Reinsurance a) Beginning reserves: $,6,7 $,99,77 $,699,9 $,,66 $,86,7 b) losses and loss adjustment expense: (,),6 (0,7),68,7 886,0 c) Calendar year payments for losses and loss adjustment expenses:,87 8,70 7,8 6,676 6,9 d) Ending reserves: $,99,77 $,699,9 $,,66 $,86,7 $,090,09 E) State the amount of the ending reserves for Bulk + IBNR included in D (Loss & LAE): () Direct Basis: $ 0 () Reinsurance Basis: $,0,98 () Net of Reinsurance Basis: $,8,6 F) State the amount of the ending reserves for loss adjustment expenses included in D (Case, Bulk + IBNR): () Direct Basis: $ 0 () Reinsurance Basis: $ 7,96.7

32 NOTES TO FINANCIAL STATEMENTS () Net of Reinsurance Basis: $ 7,86. Subscriber Savings Accounts None. Peril Crop Insurance Premiums written are earned over the terms of the policies assumed under related reinsurance contracts. Unearned premium reserves are established to cover the unexpired portion of premiums written and are based on monthly pro-rata allocations or as reported by the ceding companies. 6. Financial Guaranty Insurance A) Financial guaranty insurance information for the year ended December, 06 with respect to: () Financial guaranty contracts where premiums are received as installment payments over the period of the contract, rather than at inception. The Company is not a direct writer of financial guaranty insurance. The Company assumes financial guaranty business from ceding companies. The Company has not assumed such business since the 00 underwriting year. () Non-installment contracts for which premium revenue recognition has been accelerated. Same as above () Claim Liability a) The Company used a rate of 0% to discount the claim liability b) Significant components of the change in claim liability There were no significant changes in claim liability for the year ended December, 06 () Risk management activities used to track and monitor deteriorating insured financial obligations The Company relies on the risk management activity of the ceding companies to track deteriorating insured financial obligations. B) Insured financial obligations at the end of the period. Surveillance Categories (in thousands) A B C D Total () Number of insured and outstanding contracts $0 $0 $0 $0 See note* () Remaining weighted average contract period $0 $0 $0 $0 See note* () Insured contractual payments outstanding See note* a) Principal $0 $0 $0 $0 b) Interest $0 $0 $0 $0 c) Total outstanding payments $0 $0 $0 $0 () Gross claim liability $0 $0 $0 $0 See note* Less: a Gross Potential Recoveries $0 $0 $0 $0 See note* b. Discount, Net $0 $0 $0 $0 See note* (6) Net Claim Liability $0 $0 $0 $0 See note* (7) Unearned premium reserve $0 $0 $0 $0 See note* (8) Reinsurance recoverable on paid losses $0 $0 $0 $0 See note* *Note: The Company is not a direct writer of financial guaranty insurance but assumes the business from ceding companies, and therefore does not maintain policy level detail. The Company has not assumed such business since the 00 underwriting year..8

33 GENERAL INTERROGATORIES PART - COMMON INTERROGATORIES GENERAL. Is the reporting entity a member of an Insurance Holding Company System consisting of two or more affiliated persons, one or more of which is an insurer? Yes [ X ] No [ ] If yes, complete Schedule Y, Parts, A and.. If yes, did the reporting entity register and file with its domiciliary State Insurance Commissioner, Director or Superintendent or with such regulatory official of the state of domicile of the principal insurer in the Holding Company System, a registration statement providing disclosure substantially similar to the standards adopted by the National Association of Insurance Commissioners (NAIC) in its Model Insurance Holding Company System Regulatory Act and model regulations pertaining thereto, or is the reporting entity subject to standards and disclosure requirements substantially similar to those required by such Act and regulations? Yes [ X ] No [ ] N/A [ ]. State Regulating? Delaware. Has any change been made during the year of this statement in the charter, by-laws, articles of incorporation, or deed of settlement of the reporting entity? Yes [ ] No [ X ]. If yes, date of change:. State as of what date the latest financial examination of the reporting entity was made or is being made. //0. State the as of date that the latest financial examination report became available from either the state of domicile or the reporting entity. This date should be the date of the examined balance sheet and not the date the report was completed or released. //0. State as of what date the latest financial examination report became available to other states or the public from either the state of domicile or the reporting entity. This is the release date or completion date of the examination report and not the date of the examination (balance sheet date). 06/0/0. By what department or departments? Delaware Insurance Department. Have all financial statement adjustments within the latest financial examination report been accounted for in a subsequent financial statement filed with Departments? Yes [ ] No [ ] N/A [ X ].6 Have all of the recommendations within the latest financial examination report been complied with? Yes [ X ] No [ ] N/A [ ]. During the period covered by this statement, did any agent, broker, sales representative, non-affiliated sales/service organization or any combination thereof under common control (other than salaried employees of the reporting entity) receive credit or commissions for or control a substantial part (more than 0 percent of any major line of business measured on direct premiums) of:. sales of new business? Yes [ ] No [ X ]. renewals? Yes [ ] No [ X ]. During the period covered by this statement, did any sales/service organization owned in whole or in part by the reporting entity or an affiliate, receive credit or commissions for or control a substantial part (more than 0 percent of any major line of business measured on direct premiums) of:. sales of new business? Yes [ ] No [ X ]. renewals? Yes [ ] No [ X ]. Has the reporting entity been a party to a merger or consolidation during the period covered by this statement? Yes [ ] No [ X ]. If yes, provide the name of the entity, NAIC company code, and state of domicile (use two letter state abbreviation) for any entity that has ceased to exist as a result of the merger or consolidation. Name of Entity NAIC Company Code State of Domicile 6. Has the reporting entity had any Certificates of Authority, licenses or registrations (including corporate registration, if applicable) suspended or revoked by any governmental entity during the reporting period? Yes [ ] No [ X ] 6. If yes, give full information 7. Does any foreign (non-united States) person or entity directly or indirectly control 0% or more of the reporting entity? Yes [ X ] No [ ] 7. If yes, 7. State the percentage of foreign control State the nationality(s) of the foreign person(s) or entity(s); or if the entity is a mutual or reciprocal, the nationality of its manager or attorney-in-fact and identify the type of entity(s) (e.g., individual, corporation, government, manager or attorneyin-fact). Nationality Type of Entity Japanese Corporation

34 GENERAL INTERROGATORIES 8. Is the company a subsidiary of a bank holding company regulated by the Federal Reserve Board? Yes [ ] No [ X ] 8. If response to 8. is yes, please identify the name of the bank holding company. 8. Is the company affiliated with one or more banks, thrifts or securities firms? Yes [ ] No [ X ] 8. If response to 8. is yes, please provide the names and locations (city and state of the main office) of any affiliates regulated by a federal financial regulatory services agency [i.e. the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Securities Exchange Commission (SEC)] and identify the affiliate s primary federal regulator. Affiliate Name Location (City, State) FRB OCC FDIC 6 SEC 9. What is the name and address of the independent certified public accountant or accounting firm retained to conduct the annual audit? Mazars USA LLP, 0 Office Center Drive, Suite 00, Ft. Washington, PA Has the insurer been granted any exemptions to the prohibited non-audit services provided by the certified independent public accountant requirements as allowed in Section 7H of the Annual Financial Reporting Model Regulation (Model Audit Rule), or substantially similar state law or regulation? Yes [ ] No [ X ] 0. If the response to 0. is yes, provide information related to this exemption: 0. Has the insurer been granted any exemptions related to the other requirements of the Annual Financial Reporting Model Regulation as allowed for in Section 8A of the Model Regulation, or substantially similar state law or regulation? Yes [ ] No [ X ] 0. If the response to 0. is yes, provide information related to this exemption: 0. Has the reporting entity established an Audit Committee in compliance with the domiciliary state insurance laws? Yes [ X ] No [ ] N/A [ ] 0.6 If the response to 0. is no or n/a, please explain. What is the name, address and affiliation (officer/employee of the reporting entity or actuary/consultant associated with an actuarial consulting firm) of the individual providing the statement of actuarial opinion/certification? Milliman, Wayne Blackburn FCAS, MAAA, CERA, 0 Clove Road 0th Floor, Little Falls, NJ 07. Does the reporting entity own any securities of a real estate holding company or otherwise hold real estate indirectly? Yes [ ] No [ X ]. If yes, provide explanation. Name of real estate holding company. Number of parcels involved 0. Total book/adjusted carrying value $. FOR UNITED STATES BRANCHES OF ALIEN REPORTING ENTITIES ONLY:. What changes have been made during the year in the United States manager or the United States trustees of the reporting entity?. Does this statement contain all business transacted for the reporting entity through its United States Branch on risks wherever located? Yes [ ] No [ ]. Have there been any changes made to any of the trust indentures during the year? Yes [ ] No [ ]. If answer to (.) is yes, has the domiciliary or entry state approved the changes? Yes [ ] No [ ] N/A [ ]. Are the senior officers (principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions) of the reporting entity subject to a code of ethics, which includes the following standards? Yes [ X ] No [ ] a. Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; b. Full, fair, accurate, timely and understandable disclosure in the periodic reports required to be filed by the reporting entity; c. Compliance with applicable governmental laws, rules and regulations; d. The prompt internal reporting of violations to an appropriate person or persons identified in the code; and e. Accountability for adherence to the code.. If the response to. is no, please explain:. Has the code of ethics for senior managers been amended? Yes [ ] No [ X ]. If the response to. is yes, provide information related to amendment(s). Have any provisions of the code of ethics been waived for any of the specified officers? Yes [ ] No [ X ]. If the response to. is yes, provide the nature of any waiver(s)..

35 GENERAL INTERROGATORIES. Is the reporting entity the beneficiary of a Letter of Credit that is unrelated to reinsurance where the issuing or confirming bank is not on the SVO Bank List? Yes [ ] No [ X ]. If the response to. is yes, indicate the American Bankers Association (ABA) Routing Number and the name of the issuing or confirming bank of the Letter of Credit and describe the circumstances in which the Letter of Credit is triggered. American Bankers Association (ABA) Routing Number Issuing or Confirming Bank Name Circumstances That Can Trigger the Letter of Credit Amount BOARD OF DIRECTORS 6. Is the purchase or sale of all investments of the reporting entity passed upon either by the board of directors or a subordinate committee thereof? Yes [ X ] No [ ] 7. Does the reporting entity keep a complete permanent record of the proceedings of its board of directors and all subordinate committees thereof? Yes [ X ] No [ ] 8. Has the reporting entity an established procedure for disclosure to its board of directors or trustees of any material interest or affiliation on the part of any of its officers, directors, trustees or responsible employees that is in conflict or is likely to conflict with the official duties of such person? Yes [ X ] No [ ] FINANCIAL 9. Has this statement been prepared using a basis of accounting other than Statutory Accounting Principles (e.g., Generally Accepted Accounting Principles)? Yes [ ] No [ X ] 0. Total amount loaned during the year (inclusive of Separate Accounts, exclusive of policy loans): 0. To directors or other officers $ 0. To stockholders not officers $ 0. Trustees, supreme or grand (Fraternal only) $ 0. Total amount of loans outstanding at the end of year (inclusive of Separate Accounts, exclusive of policy loans): 0. To directors or other officers $ 0. To stockholders not officers $ 0. Trustees, supreme or grand (Fraternal only) $. Were any assets reported in this statement subject to a contractual obligation to transfer to another party without the liability for such obligation being reported in the statement? Yes [ ] No [ X ]. If yes, state the amount thereof at December of the current year:. Rented from others $. Borrowed from others $. Leased from others $. Other $. Does this statement include payments for assessments as described in the Annual Statement Instructions other than guaranty fund or guaranty association assessments? Yes [ ] No [ X ]. If answer is yes:. Amount paid as losses or risk adjustment $. Amount paid as expenses $. Other amounts paid $. Does the reporting entity report any amounts due from parent, subsidiaries or affiliates on Page of this statement? Yes [ ] No [ X ]. If yes, indicate any amounts receivable from parent included in the Page amount: $ INVESTMENT.0 Were all the stocks, bonds and other securities owned December of current year, over which the reporting entity has exclusive control, in the actual possession of the reporting entity on said date? (other than securities lending programs addressed in.0) Yes [ X ] No [ ].0 If no, give full and complete information, relating thereto.0 For security lending programs, provide a description of the program including value for collateral and amount of loaned securities, and whether collateral is carried on or off-balance sheet. (an alternative is to reference Note 7 where this information is also provided).0 Does the company s security lending program meet the requirements for a conforming program as outlined in the Risk-Based Capital Instructions? Yes [ ] No [ ] NA [ X ].0 If answer to.0 is yes, report amount of collateral for conforming programs. $.06 If answer to.0 is no, report amount of collateral for other programs. $.07 Does your securities lending program require 0% (domestic securities) and 0% (foreign securities) from the counterparty at the outset of the contract? Yes [ ] No [ ] NA [ X ].08 Does the reporting entity non-admit when the collateral received from the counterparty falls below 00%? Yes [ ] No [ ] NA [ X ].09 Does the reporting entity or the reporting entity s securities lending agent utilize the Master Securities Lending Agreement (MSLA) to conduct securities lending? Yes [ ] No [ ] NA [ X ].0 For the reporting entity s security lending program, state the amount of the following as of December of the current year:.0 Total fair value of reinvested collateral assets reported on Schedule DL, Parts and $ 0.0 Total book adjusted/carrying value of reinvested collateral assets reported on Schedule DL, Parts and $ 0.0 Total payable for securities lending reported on the liability page $ 0.

36 GENERAL INTERROGATORIES. Were any of the stocks, bonds or other assets of the reporting entity owned at December of the current year not exclusively under the control of the reporting entity or has the reporting entity sold or transferred any assets subject to a put option contract that is currently in force? (Exclude securities subject to Interrogatory. and.0). Yes [ X ] No [ ]. If yes, state the amount thereof at December of the current year:. For category (.6) provide the following:. Subject to repurchase agreements $ 0. Subject to reverse repurchase agreements $ 0. Subject to dollar repurchase agreements $ 0. Subject to reverse dollar repurchase agreements $ 0. Placed under option agreements $ 0.6 Letter stock or securities restricted as to sale excluding FHLB Capital Stock $ 0.7 FHLB Capital Stock $ 0.8 On deposit with states $ 6,70,09.9 On deposit with other regulatory bodies $ 6,989,07.0 Pledged as collateral excluding collateral pledged to an FHLB $ 0. Pledged as collateral to FHLB including assets backing funding agreements $ 0. Other $,80,6 Nature of Restriction Description Amount 6. Does the reporting entity have any hedging transactions reported on Schedule DB? Yes [ ] No [ X ] 6. If yes, has a comprehensive description of the hedging program been made available to the domiciliary state? Yes [ ] No [ ] N/A [ X ] If no, attach a description with this statement. 7. Were any preferred stocks or bonds owned as of December of the current year mandatorily convertible into equity, or, at the option of the issuer, convertible into equity? Yes [ ] No [ X ] 7. If yes, state the amount thereof at December of the current year. $ 0 8. Excluding items in Schedule E Part Special Deposits, real estate, mortgage loans and investments held physically in the reporting entity s offices, vaults or safety deposit boxes, were all stocks, bonds and other securities, owned throughout the current year held pursuant to a custodial agreement with a qualified bank or trust company in accordance with Section, III General Examination Considerations, F. Outsourcing of Critical Functions, Custodial or Safekeeping agreements of the NAIC Financial Condition Examiners Handbook? Yes [ X ] No [ ] 8.0 For agreements that comply with the requirements of the NAIC Financial Condition Examiners Handbook, complete the following: Name of Custodian(s) Custodian s Address Brown Brothers Harriman & Company 0 Broadway, New York, NY Bank of America 08 Harristown Rd., Glen Rock, NJ Royal Bank of Canada 77 King St., th Flr., Toronto, ON CN MW P9 8.0 For all agreements that do not comply with the requirements of the NAIC Financial Condition Examiners Handbook, provide the name, location and a complete explanation: Name(s) Location(s) Complete Explanation(s) 8.0 Have there been any changes, including name changes, in the custodian(s) identified in 8.0 during the current year? Yes [ ] No [ X ] 8.0 If yes, give full and complete information relating thereto: Old Custodian New Custodian Date of Change Reason.

37 GENERAL INTERROGATORIES 8.0 Investment management Identify all investment advisors, investment managers, broker/dealers, including individuals that have the authority to make investment decisions on behalf of the reporting entity. For assets that are managed internally by employees of the reporting entity, note as such. [ that have access to the investment accounts ; handle securities ] Western Asset Management William Blair Morgan Stanley GAMCO Wells Capital Management Name of Firm or Individual U U U U U Affiliation 8.097For those firms/individuals listed in the table for Question 8.0, do any firms/individuals unaffiliated with the reporting entity (i.e., designated with a U ) manage more than 0% of the reporting entity s assets? Yes [ X ] No [ ] 8.098For firms/individuals unaffiliated with the reporting entity (i.e., designated with a U ) listed in the table for Question 8.0, does the total assets under management aggregate to more than 0% of the reporting entity s assets? Yes [ X ] No [ ] 8.06 For those firms or individuals listed in the table for 8.0 with an affiliation code of A (affiliated) or U (unaffiliated), provide the information for the table below. Central Registration Depository Number Name of Firm or Individual Legal Entity Identifier (LEI) 0 Western Asset Management 900CA6UXUICN6 William Blair 900J0P7XYE8BMZ77 0 Morgan Stanley 6N8SC06AK9F0N7KIX 7 GAMCO AMDO9SJHTOSMLZ Wells Capital Management 900BHIOOL8I90 Registered With Securities Exchange Commission Securities Exchange Commission Securities Exchange Commission Securities Exchange Commission Securities Exchange Commission NO NO NO NO NO Investment Management Agreement (IMA) Filed 9. Does the reporting entity have any diversified mutual funds reported in Schedule D - Part (diversified according to the Securities and Exchange Commission (SEC) in the Investment Company Act of 90 [Section (b) ()])? Yes [ ] No [ X ] 9. If yes, complete the following schedule: CUSIP # Name of Mutual Fund Book/Adjusted Carrying Value TOTAL 0 9. For each mutual fund listed in the table above, complete the following schedule: Name of Mutual Fund (from above table) Name of Significant Holding of the Mutual Fund Amount of Mutual Fund s Book/Adjusted Carrying Value Attributable to the Holding Date of Valuation 0. Provide the following information for all short-term and long-term bonds and all preferred stocks. Do not substitute amortized value or statement value for fair value. Statement (Admitted) Value Fair Value Excess of Statement over Fair Value (-), or Fair Value over Statement (+) 0. Bonds,8,06,,99,,89,06,97 0. Preferred Stocks Totals,8,06,,99,,89,06,97 0. Describe the sources or methods utilized in determining the fair values: The Company's sources for fair value are prices from S&P and custodian banks.. Was the rate used to calculate fair value determined by a broker or custodian for any of the securities in Schedule D? Yes [ X ] No [ ]. If the answer to. is yes, does the reporting entity have a copy of the broker s or custodian s pricing policy (hard copy or electronic copy) for all brokers or custodians used as a pricing source? Yes [ X ] No [ ]. If the answer to. is no, describe the reporting entity s process for determining a reliable pricing source for purposes of disclosure of fair value for Schedule D:. Have all the filing requirements of the Purposes and Procedures Manual of the NAIC Investment Analysis Office been followed? Yes [ X ] No [ ]. If no, list exceptions:.

38 GENERAL INTERROGATORIES OTHER. Amount of payments to trade associations, service organizations and statistical or rating bureaus, if any? $,7. List the name of the organization and the amount paid if any such payment represented % or more of the total payments to trade associations, service organizations and statistical or rating bureaus during the period covered by this statement. Name Amount Paid A.M. Best $,6 Insurance Services Office (ISO) $ 78,08. Amount of payments for legal expenses, if any? $ 89,9. List the name of the firm and the amount paid if any such payment represented % or more of the total payments for legal expenses during the period covered by this statement. Name Amount Paid Riker, Danzig, Scherer, Hyland, Perretti $ 8,96. Amount of payments for expenditures in connection with matters before legislative bodies, officers or departments of government, if any? $. List the name of the firm and the amount paid if any such payment represented % or more of the total payment expenditures in connection with matters before legislative bodies, officers or departments of government during the period covered by this statement. Name $ $ $ Amount Paid.

39 GENERAL INTERROGATORIES PART - PROPERTY & CASUALTY INTERROGATORIES. Does the reporting entity have any direct Medicare Supplement Insurance in force? Yes [ ] No [ X ]. If yes, indicate premium earned on U. S. business only. $ 0. What portion of Item (.) is not reported on the Medicare Supplement Insurance Experience Exhibit? $. Reason for excluding. Indicate amount of earned premium attributable to Canadian and/or Other Alien not included in Item (.) above. $. Indicate total incurred claims on all Medicare Supplement insurance. $ 0.6 Individual policies: Most current three years:.6 Total premium earned $ 0.6 Total incurred claims $ 0.6 Number of covered lives 0 All years prior to most current three years:.6 Total premium earned $ 0.6 Total incurred claims $ 0.66 Number of covered lives 0.7 Group policies: Most current three years:.7 Total premium earned $ 0.7 Total incurred claims $ 0.7 Number of covered lives 0 All years prior to most current three years:.7 Total premium earned $ 0.7 Total incurred claims $ 0.76 Number of covered lives 0. Health Test: Current Year Prior Year. Premium Numerator $ 0 $ 0. Premium Denominator $ 8,7,88 $ 66,7,9. Premium Ratio (./.) Reserve Numerator $ 7,77 $ 07,67. Reserve Denominator $ 960,6,66 $ 9,08,6.6 Reserve Ratio (./.) Does the reporting entity issue both participating and non-participating policies? Yes [ ] No [ X ]. If yes, state the amount of calendar year premiums written on:. Participating policies $. Non-participating policies $. For Mutual reporting entities and Reciprocal Exchanges only:. Does the reporting entity issue assessable policies? Yes [ ] No [ ]. Does the reporting entity issue non-assessable policies? Yes [ ] No [ ]. If assessable policies are issued, what is the extent of the contingent liability of the policyholders? %. Total amount of assessments paid or ordered to be paid during the year on deposit notes or contingent premiums. $. For Reciprocal Exchanges Only:. Does the exchange appoint local agents? Yes [ ] No [ ]. If yes, is the commission paid:. Out of Attorney's-in-fact compensation Yes [ ] No [ ] N/A [ ]. As a direct expense of the exchange Yes [ ] No [ ] N/A [ ]. What expenses of the Exchange are not paid out of the compensation of the Attorney-in-fact?. Has any Attorney-in-fact compensation, contingent on fulfillment of certain conditions, been deferred? Yes [ ] No [ X ]. If yes, give full information 6

40 GENERAL INTERROGATORIES PART - PROPERTY & CASUALTY INTERROGATORIES 6. What provision has this reporting entity made to protect itself from an excessive loss in the event of a catastrophe under a workers compensation contract issued without limit of loss: No such contracts 6. Describe the method used to estimate this reporting entity s probable maximum insurance loss, and identify the type of insured exposures comprising that probable maximum loss, the locations of concentrations of those exposures and the external resources (such as consulting firms or computer software models), if any, used in the estimation process: Computer Modeling- RMS System 6. What provision has this reporting entity made (such as a catastrophic reinsurance program) to protect itself from an excessive loss arising from the types and concentrations of insured exposures comprising its probable maximum property insurance loss? Property Surplus Treaty with the Parent Company 6. Does the reporting entity carry catastrophe reinsurance protection for at least one reinstatement, in an amount sufficient to cover its estimated probable maximum loss attributable to a single loss event or occurrence? Yes [ ] No [ X ] 6. If no, describe any arrangements or mechanisms employed by the reporting entity to supplement its catastrophe reinsurance program or to hedge its exposure to unreinsured catastrophic loss Conserative line setting, strict accumulation controls 7. Has the reporting entity reinsured any risk with any other entity under a quota share reinsurance contract that includes a provision that would limit the reinsurer's losses below the stated quota share percentage (e.g., a deductible, a loss ratio corridor, a loss cap, an aggregate limit or any similar provisions)? Yes [ ] No [ X ] 7. If yes, indicate the number of reinsurance contracts containing such provisions. 7. If yes, does the amount of reinsurance credit taken reflect the reduction in quota share coverage caused by any applicable limiting provision(s)? Yes [ ] No [ ] 8. Has this reporting entity reinsured any risk with any other entity and agreed to release such entity from liability, in whole or in part, from any loss that may occur on this risk, or portion thereof, reinsured? Yes [ ] No [ X ] 8. If yes, give full information 9. Has the reporting entity ceded any risk under any reinsurance contract (or under multiple contracts with the same reinsurer or its affiliates) for which during the period covered by the statement: (i) it recorded a positive or negative underwriting result greater than % of prior yearend surplus as regards policyholders or it reported calendar year written premium ceded or year-end loss and loss expense reserves ceded greater than % of prior year-end surplus as regards policyholders; (ii) it accounted for that contract as reinsurance and not as a deposit; and (iii) the contract(s) contain one or more of the following features or other features that would have similar results: (a) A contract term longer than two years and the contract is noncancellable by the reporting entity during the contract term; (b) A limited or conditional cancellation provision under which cancellation triggers an obligation by the reporting entity, or an affiliate of the reporting entity, to enter into a new reinsurance contract with the reinsurer, or an affiliate of the reinsurer; (c) Aggregate stop loss reinsurance coverage; (d) A unilateral right by either party (or both parties) to commute the reinsurance contract, whether conditional or not, except for such provisions which are only triggered by a decline in the credit status of the other party; (e) A provision permitting reporting of losses, or payment of losses, less frequently than on a quarterly basis (unless there is no activity during the period); or (f) Payment schedule, accumulating retentions from multiple years or any features inherently designed to delay timing of the reimbursement to the ceding entity. Yes [ ] No [ X ] 9. Has the reporting entity during the period covered by the statement ceded any risk under any reinsurance contract (or under multiple contracts with the same reinsurer or its affiliates), for which, during the period covered by the statement, it recorded a positive or negative underwriting result greater than % of prior year-end surplus as regards policyholders or it reported calendar year written premium ceded or year-end loss and loss expense reserves ceded greater than % of prior year-end surplus as regards policyholders; excluding cessions to approved pooling arrangements or to captive insurance companies that are directly or indirectly controlling, controlled by, or under common control with (i) one or more unaffiliated policyholders of the reporting entity, or (ii) an association of which one or more unaffiliated policyholders of the reporting entity is a member where: (a) The written premium ceded to the reinsurer by the reporting entity or its affiliates represents fifty percent (0%) or more of the entire direct and assumed premium written by the reinsurer based on its most recently available financial statement; or (b) Twenty five percent (%) or more of the written premium ceded to the reinsurer has been retroceded back to the reporting entity or its affiliates in a separate reinsurance contract. Yes [ ] No [ X ] 9. If yes to 9. or 9., please provide the following information in the Reinsurance Summary Supplemental Filing for General Interrogatory 9: (a) The aggregate financial statement impact gross of all such ceded reinsurance contracts on the balance sheet and statement of income; (b) A summary of the reinsurance contract terms and indicate whether it applies to the contracts meeting the criteria in 9. or 9.; and (c) A brief discussion of management's principle objectives in entering into the reinsurance contract including the economic purpose to be achieved. 9. Except for transactions meeting the requirements of paragraph of SSAP No. 6R - Property and Casualty Reinsurance, has the reporting entity ceded any risk under any reinsurance contract (or multiple contracts with the same reinsurer or its affiliates) during the period covered by the financial statement, and either: (a) Accounted for that contract as reinsurance (either prospective or retroactive) under statutory accounting principles ( SAP ) and as a deposit under generally accepted accounting principles ( GAAP ); or (b) Accounted for that contract as reinsurance under GAAP and as a deposit under SAP? Yes [ ] No [ X ] 9. If yes to 9., explain in the Reinsurance Summary Supplemental Filing for General Interrogatory 9 (Section D) why the contract(s) is treated differently for GAAP and SAP. 9.6 The reporting entity is exempt from the Reinsurance Attestation Supplement under one or more of the following criteria: (a) The entity does not utilize reinsurance; or, Yes [ ] No [ ] (b) The entity only engages in a 00% quota share contract with an affiliate and the affiliated or lead company has filed an attestation supplement; or Yes [ ] No [ X ] (c) The entity has no external cessions and only participates in an intercompany pool and the affiliated or lead company has filed an attestation supplement. Yes [ ] No [ X ] 0. If the reporting entity has assumed risks from another entity, there should be charged on account of such reinsurances a reserve equal to that which the original entity would have been required to charge had it retained the risks. Has this been done? Yes [X] No [ ] N/A [ ] 6.

41 GENERAL INTERROGATORIES PART - PROPERTY & CASUALTY INTERROGATORIES. Has the reporting entity guaranteed policies issued by any other entity and now in force: Yes [ ] No [ X ]. If yes, give full information. If the reporting entity recorded accrued retrospective premiums on insurance contracts on Line. of the asset schedule, Page, state the amount of corresponding liabilities recorded for:. Unpaid losses $. Unpaid underwriting expenses (including loss adjustment expenses) $. Of the amount on Line., Page, state the amount that is secured by letters of credit, collateral and other funds? $. If the reporting entity underwrites commercial insurance risks, such as workers compensation, are premium notes or promissory notes accepted from its insureds covering unpaid premiums and/or unpaid losses? Yes [ ] No [X] N/A [ ]. If yes, provide the range of interest rates charged under such notes during the period covered by this statement:. From %. To %. Are letters of credit or collateral and other funds received from insureds being utilized by the reporting entity to secure premium notes or promissory notes taken by a reporting entity, or to secure any of the reporting entity s reported direct unpaid loss reserves, including unpaid losses under loss deductible features of commercial policies? Yes [ ] No [ X ].6 If yes, state the amount thereof at December of current year:.6 Letters of Credit $.6 Collateral and other funds $. Largest net aggregate amount insured in any one risk (excluding workers compensation): $ 0,900,000. Does any reinsurance contract considered in the calculation of this amount include an aggregate limit of recovery without also including a reinstatement provision? Yes [ ] No [ X ]. State the number of reinsurance contracts (excluding individual facultative risk certificates, but including facultative programs, automatic facilities or facultative obligatory contracts) considered in the calculation of the amount.. Is the reporting entity a cedant in a multiple cedant reinsurance contract? Yes [ ] No [ X ]. If yes, please describe the method of allocating and recording reinsurance among the cedants:. If the answer to. is yes, are the methods described in item. entirely contained in the respective multiple cedant reinsurance contracts? Yes [ ] No [ ]. If the answer to. is no, are all the methods described in. entirely contained in written agreements? Yes [ ] No [ ]. If the answer to. is no, please explain:. Has the reporting entity guaranteed any financed premium accounts? Yes [ ] No [ X ]. If yes, give full information 6. Does the reporting entity write any warranty business? Yes [ ] No [ X ] If yes, disclose the following information for each of the following types of warranty coverage: Direct Losses Direct Losses Unpaid Direct Written Premium Direct Premium Unearned 6. Home $ $ $ $ $ 6. Products $ $ $ $ $ 6. Automobile $ $ $ $ $ 6. Other* $ $ $ $ $ * Disclose type of coverage: Direct Premium Earned 6.

42 GENERAL INTERROGATORIES PART - PROPERTY & CASUALTY INTERROGATORIES 7. Does the reporting entity include amounts recoverable on unauthorized reinsurance in Schedule F Part that it excludes from Schedule F Part. Yes [ X ] No [ ] but not reported losses on contracts in force prior to July, 98, and not subsequently renewed are exempt from inclusion in Schedule F Part. Provide the following information for this exemption: 7. Gross amount of unauthorized reinsurance in Schedule F Part excluded from Schedule F Part $,87, Unfunded portion of Interrogatory 7. $ 7. Paid losses and loss adjustment expenses portion of Interrogatory 7. $ 7. Case reserves portion of Interrogatory 7. $ 7. but not reported portion of Interrogatory 7. $ 7.6 Unearned premium portion of Interrogatory 7. $ 7.7 Contingent commission portion of Interrogatory 7. $ Provide the following information for all other amounts included in Schedule F Part and excluded from Schedule F Part, not included above. 7.8 Gross amount of unauthorized reinsurance in Schedule F Part excluded from Schedule F Part $ 7.9 Unfunded portion of Interrogatory 7.8 $ 7.0 Paid losses and loss adjustment expenses portion of Interrogatory 7.8 $ 7. Case reserves portion of Interrogatory 7.8 $ 7. but not reported portion of Interrogatory 7.8 $ 7. Unearned premium portion of Interrogatory 7.8 $ 7. Contingent commission portion of Interrogatory 7.8 $ 8. Do you act as a custodian for health savings accounts? Yes [ ] No [ X ] 8. If yes, please provide the amount of custodial funds held as of the reporting date. $ 8. Do you act as an administrator for health savings accounts? Yes [ ] No [ X ] 8. If yes, please provide the balance of the funds administered as of the reporting date. $ 6.

43 FIVE-YEAR HISTORICAL DATA Show amounts in whole dollars only, no cents; show percentages to one decimal place, i.e., Gross Premiums Written (Page 8, Part B, Cols., & ). Liability lines (Lines.,., 6, 7., 7., 7., 8., 8., 9., 9. & 9., 9.) 0,69,7,87,9 8,67,9 8,6,76 7,668,8. Property lines (Lines,, 9,, & 6) 8,9,6 0,66,6 8,98,8 06,78,7 9,,86. Property and liability combined lines (Lines,,, 8, & 7),076,07,7,877,7,68 7,09,6 9,6,9. All other lines (Lines 6, 0,,,,,, 8, 9, 0 & ),8 87,96,,6 6,0. Nonproportional reinsurance lines (Lines, & ) 9,0,76 99,06,,0,09 7,7,70 7,788,9 6. Total (Line ) 68,9,7,09,06 0,777, 80,80,8 7,78,9 Net Premiums Written (Page 8, Part B, Col. 6) 7. Liability lines (Lines.,., 6, 7., 7., 7., 8., 8., 9., 9. & 9., 9.),0,09 8,09,80 6,0,8 6,,,999,88 8. Property lines (Lines,, 9,, & 6) 0,, 8,898,7 6,87,076 8,99,96 67,88,6 9. Property and liability combined lines (Lines,,, 8, & 7),8,,0,0,8,6 6,0,676 8,6,90 0. All other lines (Lines 6, 0,,,,,, 8, 9, 0 & ),78 8,96,,6 6,0. Nonproportional reinsurance lines (Lines, & ),6,97 8,96,0 67,7,9 8,6,87 80,7,60. Total (Line ) 97,09,7 6,898,,69,00 0,087,0 9,7,89 Statement of Income (Page ). Net underwriting gain (loss) (Line 8) (0,,66),0,6 7,86,890,0,069 (,90,). Net investment gain (loss) (Line ) 7,967,89,8, 7,09,0 8,6,66 6,09,. Total other income (Line ) 6,97 0,0,8 9,776,,89 6. Dividends to policyholders (Line 7) Federal and foreign income taxes incurred (Line 9) (,7),06,907,6,6,800,9,0,8 8. Net income (Line 0) 8,,87 6,70,99 7,8,7 70,689,6,,0 Balance Sheet Lines (Pages and ) 9. Total admitted assets excluding protected cell business (Page, Line 6, Col. ),77,6,70,7,,6,77,,8,779,0,889,670,80, Premiums and considerations (Page, Col. ) 0. In course of collection (Line.) 7,,67,78,9 0,7,767 6,6,0,70,79 0. Deferred and not yet due (Line.),0,90 0,,8 86,890,06 08,7,6 00,99,78 0. Accrued retrospective premiums (Line.) Total liabilities excluding protected cell business (Page, Line 6),0,99,9,0,00,90,08,78,8,096,99,00,07,86,9. Losses (Page, Line ) 7,8,00 7,,7 7,6,09 78,87,7 78,,0. Loss adjustment expenses (Page, Line ) 0,69,8 97,9,76 97,,60 89,809,98 9,,67. Unearned premiums (Page, Line 9) 0,9,6 98,6, 0,89,97,0,0 0,7,77. Capital paid up (Page, Lines 0 & ),000,000,000,000,000,000,000,000,000, Surplus as regards policyholders (Page, Line 7) 669,67,9 67,00,87 7,66, 68,,89 99,09,97 Cash Flow (Page ) 7. Net cash from operations (Line ),6,0,088,99 7,60,0 87,788,86 6,6,9 Risk-Based Capital Analysis 8. Total adjusted capital 669,67,9 67,00,87 7,66, 68,,89 99,09,97 9. Authorized control level risk-based capital 0,678,66 8,,90,88,69,8,7 6,,8 Percentage Distribution of Cash, Cash Equivalents and Invested Assets (Page, Col. )(Item divided by Page, Line, Col. ) x Bonds (Line ) Stocks (Lines. &.) Mortgage loans on real estate (Lines. and.) Real estate (Lines.,. &.) Cash, cash equivalents and short-term investments (Line ) Contract loans (Line 6) Derivatives (Line 7) Other invested assets (Line 8) Receivables for securities (Line 9) Securities lending reinvested collateral assets (Line 0) Aggregate write-ins for invested assets (Line ) Cash, cash equivalents and invested assets (Line ) Investments in Parent, Subsidiaries and Affiliates. Affiliated bonds, (Sch. D, Summary, Line, Col. ) Affiliated preferred stocks (Sch. D, Summary, Line 8, Col. ) Affiliated common stocks (Sch. D, Summary, Line, Col. ) Affiliated short-term investments (subtotals included in Schedule DA Verification, Col., Line 0) Affiliated mortgage loans on real estate All other affiliated Total of above Lines to Total Investment in parent included in Lines to 7 above Percentage of investments in parent, subsidiaries and affiliates to surplus as regards policyholders (Line 8 above divided by Page, Col., Line 7 x 00.0)

44 Capital and Surplus Accounts (Page ) FIVE-YEAR HISTORICAL DATA 06 (Continued) Net unrealized capital gains (losses) (Line ),9,6 (9,7,7) (,70,909),,760 6,9,668. Dividends to stockholders (Line ) (0,000,000) (0,000,000) (,000,000) (0,000,000) (8,000,000). Change in surplus as regards policyholders for the year (Line 8) (,,6) (,,80),0,86 8,7,9,8, Gross Losses Paid (Page 9, Part, Cols. & ). Liability lines (Lines.,., 6, 7., 7., 7., 8., 8., 9., 9. & 9., 9.) 68,8,9 6,,89 6,97,8 7,8,89,7,7. Property lines (Lines,, 9,, & 6) 78,90,8 66,6,0 8,99,0 7,770,76 6,6,6 6. Property and liability combined lines (Lines,,, 8, & 7) 6,70,866 7,6,88 9,7,9 8,866,900,660,80 7. All other lines (Lines 6, 0,,,,,, 8, 9, 0 & ),99 0,79 7,696 89,9 6,08 8. Nonproportional reinsurance lines (Lines, & ),09,876 0,9,97,98,80 8,990,66 7,090,89 9. Total (Line ) 8,7, 8,89,60 7,779,7 8,006,07 6,86,9 Net Losses Paid (Page 9, Part, Col. ) 60. Liability lines (Lines.,., 6, 7., 7., 7., 8., 8., 9., 9. & 9., 9.) 6,8,86 6,60,8,689,7,9,78,6, Property lines (Lines,, 9,, & 6) 6,0,699,68, 67,9,06 8,86,87 6,,6 6. Property and liability combined lines (Lines,,, 8, & 7),88,7 6,0,90 8,70,78 7,67,0 0,60,7 6. All other lines (Lines 6, 0,,,,,, 8, 9, 0 & ),7,779 7,696 89,09,7 6. Nonproportional reinsurance lines (Lines, & ) 0,6,87 9,0,8 9,9,6,7,67 9,706,9 6. Total (Line ) 8,,,80,86,,89 6,8, 8,8,98 Operating Percentages (Page ) (Item divided by Page, Line ) x Premiums earned (Line ) Losses incurred (Line ) Loss expenses incurred (Line ) Other underwriting expenses incurred (Line ) Net underwriting gain (loss) (Line 8) (.) (.9) Other Percentages 7. Other underwriting expenses to net premiums written (Page, Lines + - divided by Page 8, Part B, Col. 6, Line x 00.0) Losses and loss expenses incurred to premiums earned (Page, Lines + divided by Page, Line x 00.0) Net premiums written to policyholders' surplus (Page 8, Part B, Col. 6, Line divided by Page, Line 7, Col. x 00.0) One Year Loss Development (000 omitted) 7. Development in estimated losses and loss expenses incurred prior to current year (Schedule P, Part -Summary, Line, Col. ),89 (,96) (,706) (,8) (789) 7. Percent of development of losses and loss expenses incurred to policyholders' surplus of prior year end (Line 7 above divided by Page, Line, Col. x 00.0).8 (.9) (.) (.9) (0.) Two Year Loss Development (000 omitted) 76. Development in estimated losses and loss expenses incurred years before the current year and prior year (Schedule P, Part - Summary, Line, Col. ) 7,78 (0,) (9,69) (0,80) (7,09) 77. Percent of development of losses and loss expenses incurred to reported policyholders' surplus of second prior year end (Line 76 above divided by Page, Line, Col. x 00.0). (.0) (.9) (.) (.) NOTE: If a party to a merger, have the two most recent years of this exhibit been restated due to a merger in compliance with the disclosure requirements of SSAP No. - Accounting Changes and Correction of Errors? Yes [ ] No [ ] If no, please explain 8

45 Years in Which Premiums Were Earned and Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - ANALYSIS OF LOSSES AND LOSS EXPENSES SCHEDULE P - PART - SUMMARY ($000 Omitted) Premiums Earned Loss and Loss Payments Defense and Adjusting and Other 0 Loss Payments Payments Payments Number of Salvage Total Net Claims and Paid (Cols. Reported Net Subrogation (Cols. - ) Received ). Prior XXX XXX XXX,67,97, ,76 XXX ,97,799 7,8 6,, 7,96,709, ,87 XXX ,9 7,0,0,,6,7,9,8 0 68, XXX ,,7,60 0,7,600,,6,00 0 9,7 XXX ,8,9 8,679 7,96, 6,8,08,0 0 79,8 XXX 6. 0,97 6,98 8,6 96, 7,8 8,898,9, ,86 XXX 7. 0,9 77,0 7,989 90,006 0,97 7,,66,76 0,9,99 XXX ,60 77,6 9, 9, 8,97,6,066, ,098 XXX 9. 0,7 7,776 6,99 7,7 9, 0,7,676, ,70 XXX 0. 0,98 68, 66,76, 0,9,,88, ,9 XXX. 06,8 69,8 8,7 7,09,,800 6, , XXX. Totals XXX XXX XXX,7,69 67,06 7,67 8,68 7,96 0 6,69,8, XXX Adjusting and Other Losses Unpaid Defense and Unpaid Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Total Number of Salvage and Subrogation Net Losses and Claims Outstanding Direct Anticipated s Unpaid and., 996 9,,96,86 8 9, ,660 XXX. 8,08 8 6,79 8, ,0 XXX.,89 7 9,9 9,99, ,079 XXX. 8,88 9 8,807 8, , XXX.,60 9 8,88 9, ,08 XXX 6.,69 88,7 89,07, ,86 XXX 7. 8,,, 60,96, ,087 XXX 8. 8,97,88,76 98, 09, ,60 XXX 9. 7,67,0 6, ,86 8, ,7 XXX 0.,,90 9,88,09,8 67,896 7, ,6 XXX. 66,0 8,06 7,97,,96 9 6, 668, 0, 9,68 XXX. 9,7 0,99 0,9 0,768 8,0,8 9,98,089 6,99 0, 8,8 XXX Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 79,,.,0 7,08 8, ,7,79. 9,8 8,07 7, ,70,609. 8,8,8, ,8,. 6,670 7,76 68, ,897,8 6. 0,6 0,9 99, ,88 6, ,, 0, ,708 6, ,0,9 7, ,97 0, 9. 8, 6,6 9, ,9,6 0. 9,60 8,697 6, ,0 6,0.,69,879 69, ,8,70. XXX XXX XXX XXX XXX XXX 0 0 XXX 7,8 0,69 Note: Parts and are gross of all discounting, including tabular discounting. Part is gross of only nontabular discounting, which is reported in Columns and of Part. The tabular discount, if any, is reported in the Notes to Financial Statements, which will reconcile Part with Parts and.

46 Years in Which Losses Were 007 SCHEDULE P - PART - SUMMARY INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior 98,768 8,978 86,8 87,77 8,6 8,7 6,89,6 6,7 70, 6,77 6, , 9,79 9,6 9, 9,7 9,867 90, 86,88 8,68 8,89 8 (,099). 008 XXX 9,7 9, 7,96,77 7,9 8,0,8 6,9,799 (,6) XXX XXX 70,76 68,67 6,86 6,998 6,9 8,8,97 0,6 (,0) (8,8). 00 XXX XXX XXX 6,60 68,767 69,69 7, 7,78 70,96 67,09 (,8) (7,86) 6. 0 XXX XXX XXX XXX 97, 97,070 96,7 96,8 9,08 97,0, XXX XXX XXX XXX XXX 9,6 99,9 97,686 9,96 0,679 6,7, XXX XXX XXX XXX XXX XXX 6,9 67,6 6, 7,096,78, 9. 0 XXX XXX XXX XXX XXX XXX XXX 6,8 7,09 6,09 9, XXX XXX XXX XXX XXX XXX XXX XXX 8,79,8,779 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 66,99 XXX XXX. Totals,89 7,78 Years in Which Losses Were SCHEDULE P - PART - SUMMARY CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($ OMITTED) Number of Number of Claims Claims Closed Closed With Without Loss Loss Payment Payment. Prior 000,9,96 90,889, 86,679 6, 9, 6,67 78, XXX XXX ,7 8,07 7,76 96,96,897 0,9 0,7 0,,0 6,6 XXX XXX. 008 XXX,88,76 6,86 8,696 98,7 06,990 0,6 7,6,987 XXX XXX. 009 XXX XXX,8,60 6,76 87,87 0,80 8,9 6,66,7 XXX XXX. 00 XXX XXX XXX,,887 80, 00,090 9,909,,9 XXX XXX 6. 0 XXX XXX XXX XXX 8,97 8,0,8 8,8,89 6,9 XXX XXX 7. 0 XXX XXX XXX XXX XXX 6, 8,78 90,68,77, XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX,80 9,8 6,77 9, XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX 6,76 9,00 6,78 XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 6, 06,86 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,0 XXX XXX Years in Which Losses Were SCHEDULE P - PART - SUMMARY BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior 7,0 67,0,769 8,6,0 7, 98,8 80,79 7,000 6, ,977,8 87, 6,07,77,9,8,,007 9, XXX 97,8 89,66 7,978 9,6,60 7,87 6,6 6,0 0, XXX XXX 97,7 89,77 70,809,768 7,0,868 6,8 9, XXX XXX XXX 90,7 7,90 9,9 8,67,,9 9, XXX XXX XXX XXX 06,67 67,,67 0,89,9, XXX XXX XXX XXX XXX,7 9,0 6,69 0,09 6, XXX XXX XXX XXX XXX XXX 69,87 0,986 7,9 6, XXX XXX XXX XXX XXX XXX XXX,87 90,68 7, XXX XXX XXX XXX XXX XXX XXX XXX 67,87 0,. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,908

47 SCHEDULE T - EXHIBIT OF PREMIUMS WRITTEN Allocated By States And Territories Gross Premiums, Including Policy and Membership Fees Less Return Premiums and Premiums on Policies Not Taken Dividends Paid Finance and or Credited to Direct Losses Service Direct Direct Policyholders Paid Charges Not Premiums Premiums on Direct (Deducting Direct Losses Direct Losses Included in Written Earned Business Salvage) Unpaid Premiums 9 Direct Premium Written for Federal Purchasing Groups (Included in Col. ) Active States, etc. Status. Alabama AL Q Alaska AK Q Arizona AZ L Arkansas AR Q California CA L Colorado CO Q Connecticut CT L Delaware DE L Dist. Columbia DC L Florida FL Q Georgia GA L Hawaii HI Q Idaho ID Q Illinois IL L Indiana IN Q Iowa IA L Kansas KS L Kentucky KY Q Louisiana LA L Maine ME Q Maryland MD Q Massachusetts MA Q Michigan MI L Minnesota MN Q Mississippi MS L Missouri MO Q Montana MT Q Nebraska NE L Nevada NV L New Hampshire NH L New Jersey NJ L New Mexico NM Q New York NY L No.Carolina NC Q No.Dakota ND Q Ohio OH L Oklahoma OK L Oregon OR Q Pennsylvania PA L Rhode Island RI Q So. Carolina SC Q So. Dakota SD L Tennessee TN Q Texas TX L Utah UT L Vermont VT Q Virginia VA Q Washington WA L West Virginia WV Q Wisconsin WI L Wyoming WY Q American Samoa AS N Guam GU N Puerto Rico PR N U.S. Virgin Islands VI N Northern Mariana Islands MP N Canada CAN L Aggregate other alien OT XXX Totals (a) DETAILS OF WRITE-INS 800. XXX 800. XXX 800. XXX Sum. of remaining write-ins for Line 8 from overflow page XXX Totals (Lines 800 through ) (Line 8 above) XXX (L) Licensed or Chartered - Licensed Insurance Carrier or Domiciled RRG; (R) Registered - Non-domiciled RRGs; (Q) Qualified - Qualified or Accredited Reinsurer; (E) Eligible - Reporting Entities eligible or approved to write Surplus Lines in the state; (N) None of the above - Not allowed to write business in the state. Explanation of basis of allocation of premiums by states, etc. (a) Insert the number of L responses except for Canada and Other Alien AK,AL,AR,CO,FL,HI,ID,IN,ME,MD,MA,MO,MT,NC,NM,OR,RI,SC,TN,VT,VA,WV,WY - Approved Reinsurer KY,MN,ND - Licensure not required for Schedule F credit. The Company is also an "admitted reinsurer" with the U.S. Treasury. 9

48 96

49 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK Assets Cash Flow Exhibit of Capital Gains (Losses) Exhibit of Net Investment Income Exhibit of Nonadmitted Assets Exhibit of Premiums and Losses (State Page) 9 Five-Year Historical Data 7 General Interrogatories Jurat Page Liabilities, Surplus and Other Funds Notes To Financial Statements Overflow Page For Write-Ins 00 Schedule A Part E0 Schedule A Part E0 Schedule A Part E0 Schedule A Verification Between Years SI0 Schedule B Part E0 Schedule B Part E0 Schedule B Part E06 Schedule B Verification Between Years SI0 Schedule BA Part E07 Schedule BA Part E08 Schedule BA Part E09 Schedule BA Verification Between Years SI0 Schedule D Part E0 Schedule D Part A Section SI0 Schedule D Part A Section SI08 Schedule D Part Section E Schedule D Part Section E Schedule D Part E Schedule D Part E Schedule D Part E Schedule D Part 6 Section E6 Schedule D Part 6 Section E6 Schedule D Summary By Country SI0 Schedule D Verification Between Years SI0 Schedule DA Part E7 INDEX

50 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule DA Verification Between Years SI0 Schedule DB Part A Section E8 Schedule DB Part A Section E9 Schedule DB Part A Verification Between Years SI Schedule DB Part B Section E0 Schedule DB Part B Section E Schedule DB Part B Verification Between Years SI Schedule DB Part C Section SI Schedule DB Part C Section SI Schedule DB Part D Section E Schedule DB Part D Section E Schedule DB Verification SI Schedule DL Part E Schedule DL Part E Schedule E Part Cash E6 Schedule E Part Cash Equivalents E7 Schedule E Part Special Deposits E8 Schedule E Verification Between Years SI Schedule F Part 0 Schedule F Part Schedule F Part Schedule F Part Schedule F Part Schedule F Part 6 Section Schedule F Part 6 Section 6 Schedule F Part 7 7 Schedule F Part 8 8 Schedule F Part 9 9 Schedule H Accident and Health Exhibit Part 0 Schedule H Part, Part, and Part Schedule H Part Health Claims Schedule P Part Summary Schedule P Part A Homeowners/Farmowners Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 8 INDEX

51 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part E Commercial Multiple Peril 9 Schedule P Part F Section Medical Professional Liability Occurrence 0 Schedule P Part F Section Medical Professional Liability Claims-Made Schedule P Part G Special Liability (Ocean, Marine, Aircraft (All Perils), Boiler and Machinery) Schedule P Part H Section Other Liability Occurrence Schedule P Part H Section Other Liability Claims-Made Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary & Theft) Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 7 Schedule P Part L Other (Including Credit, Accident and Health) 8 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 0 Schedule P Part O Reinsurance Nonproportional Liability Schedule P Part P Reinsurance Nonproportional Financial Lines Schedule P Part R Section Products Liability Occurrence Schedule P Part R Section Products Liability Claims Made Schedule P Part S Financial Guaranty/Mortgage Guaranty Schedule P Part T Warranty 6 Schedule P Part, Part and Part Summary Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 7 Schedule P Part F Section Medical Professional Liability Occurrence 8 Schedule P Part F Section Medical Professional Liability Claims Made 8 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 8 Schedule P Part H Section Other Liability Occurrence 8 Schedule P Part H Section Other Liability Claims Made 8 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 9 Schedule P Part J Auto Physical Damage 9 Schedule P Part K Fidelity, Surety 9 Schedule P Part L Other (Including Credit, Accident and Health) 9 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 60 Schedule P Part O Reinsurance Nonproportional Liability 60 Schedule P Part P Reinsurance Nonproportional Financial Lines 60 Schedule P Part R Section Products Liability Occurrence 6 Schedule P Part R Section Products Liability Claims-Made 6 Schedule P Part S Financial Guaranty/Mortgage Guaranty 6 Schedule P Part T Warranty 6 Schedule P Part A Homeowners/Farmowners 6 INDEX

52 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 6 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 6 Schedule P Part E Commercial Multiple Peril 6 Schedule P Part F Section Medical Professional Liability Occurrence 6 Schedule P Part F Section Medical Professional Liability Claims-Made 6 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 6 Schedule P Part H Section Other Liability Occurrence 6 Schedule P Part H Section Other Liability Claims-Made 6 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 6 Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 6 Schedule P Part L Other (Including Credit, Accident and Health) 6 Schedule P Part M International 6 Schedule P Part N Reinsurance Nonproportional Property 6 Schedule P Part O Reinsurance Nonproportional Liability 6 Schedule P Part P Reinsurance Nonproportional Financial Lines 6 Schedule P Part R Section Products Liability Occurrence 66 Schedule P Part R Section Products Liability Claims-Made 66 Schedule P Part S Financial Guaranty/Mortgage Guaranty 66 Schedule P Part T Warranty 66 Schedule P Part A Homeowners/Farmowners 67 Schedule P Part B Private Passenger Auto Liability/Medical 67 Schedule P Part C Commercial Auto/Truck Liability/Medical 67 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 67 Schedule P Part E Commercial Multiple Peril 67 Schedule P Part F Section Medical Professional Liability Occurrence 68 Schedule P Part F Section Medical Professional Liability Claims-Made 68 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 68 Schedule P Part H Section Other Liability Occurrence 68 Schedule P Part H Section Other Liability Claims-Made 68 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary and Theft) 69 Schedule P Part J Auto Physical Damage 69 Schedule P Part K Fidelity/Surety 69 Schedule P Part L Other (Including Credit, Accident and Health) 69 Schedule P Part M International 69 Schedule P Part N Reinsurance Nonproportional Property 70 Schedule P Part O Reinsurance Nonproportional Liability 70 Schedule P Part P Reinsurance Nonproportional Financial Lines 70 Schedule P Part R Section Products Liability Occurrence 7 Schedule P Part R Section Products Liability Claims-Made 7 INDEX

53 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part S Financial Guaranty/Mortgage Guaranty 7 Schedule P Part T Warranty 7 Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 76 Schedule P Part F Medical Professional Liability Claims-Made 78 Schedule P Part F Medical Professional Liability Occurrence 77 Schedule P Part H Other Liability Claims-Made 80 Schedule P Part H Other Liability Occurrence 79 Schedule P Part R Products Liability Claims-Made 8 Schedule P Part R Products Liability Occurrence 8 Schedule P Part T Warranty 8 Schedule P Part 6C Commercial Auto/Truck Liability/Medical 8 Schedule P Part 6D Workers Compensation (Excluding Excess Workers Compensation) 8 Schedule P Part 6E Commercial Multiple Peril 8 Schedule P Part 6H Other Liability Claims-Made 86 Schedule P Part 6H Other Liability Occurrence 8 Schedule P Part 6M International 86 Schedule P Part 6N Reinsurance Nonproportional Property 87 Schedule P Part 6O Reinsurance Nonproportional Liability 87 Schedule P Part 6R Products Liability Claims-Made 88 Schedule P Part 6R Products Liability Occurrence 88 Schedule P Part 7A Primary Loss Sensitive Contracts 89 Schedule P Part 7B Reinsurance Loss Sensitive Contracts 9 Schedule P Interrogatories 9 Schedule T Exhibit of Premiums Written 9 Schedule T Part Interstate Compact 9 Schedule Y Information Concerning Activities of Insurer Members of a Holding Company Group 96 Schedule Y Part A Detail of Insurance Holding Company System 97 Schedule Y Part Summary of Insurer s Transactions With Any Affiliates 98 Statement of Income Summary Investment Schedule SI0 Supplemental Exhibits and Schedules Interrogatories 99 Underwriting and Investment Exhibit Part 6 Underwriting and Investment Exhibit Part A 7 Underwriting and Investment Exhibit Part B 8 Underwriting and Investment Exhibit Part 9 Underwriting and Investment Exhibit Part A 0 Underwriting and Investment Exhibit Part INDEX

54 INDEX6

55 * * PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITION ANNUAL STATEMENT For the Year Ended December, 06 OF THE CONDITION AND AFFAIRS OF THE TOA REINSURANCE COMPANY OF AMERICA NAIC Group Code 0000, 0000 NAIC Company Code 9 Employer s ID Number -987 (Current Period) (Prior Period) Organized under the Laws of Delaware, State of Domicile or Port of Entry Delaware Country of Domicile United States Incorporated/Organized 0//9 Commenced Business 0/0/9 Statutory Home Office 7 Centerville Road, Suite 00, Wilmington, DE, US 9808 (Street and Number) (City or Town, State, Country and Zip Code) Main Administrative Office 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Mail Address 77 Madison Avenue, PO Box 90, Morristown, NJ, US (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code) Primary Location of Books and Records 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Internet Web Site Address Statutory Statement Contact Richard A. Carroll (Name) (Area Code) (Telephone Number) (Extension) rcarroll@toare.com ( Address) (Fax Number) OFFICERS Name Title Name Title Edward J. Stanco, CEO John J. Hayden, SVP, Gen. Cnsl. & Secretary Nathaniel B. Wallman, SVP & CFO James A. Pilla, EVP Underwriting OTHER OFFICERS Caroline M. Kane, SVP Peter A. Royek, SVP Actuary Richard T. Pisano #, EVP & COO,,, DIRECTORS OR TRUSTEES Michael J. Cascio John J. Hayden Masachika Inoue Tetsuro Kanda Masaaki Matsunaga Tomoatsu Noguchi Kazuhito Oura James A. Pilla Edward J. Stanco Toshiyuki Sugawara Nathaniel B. Wallman State of County of New Jersey Morris ss 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: () state law may differ; or, () 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. Edward J. Stanco John J. Hayden Nathaniel B. Wallman CEO SVP, Gen. Cnsl. & Secretary SVP & CFO a. Is this an original filing? Yes [ X ] No [ ] Subscribed and sworn to before me b. If no: this th day of February, 07. State the amendment number. Date filed. Number of pages attached Donna M. Gennusa, Accountant June, 08

56 SUMMARY INVESTMENT SCHEDULE Gross Investment Holdings Admitted Assets as Reported in the Annual Statement 6. Bonds: Investment Categories Amount Percentage Amount Securities Lending Reinvested Collateral Amount Total (Col. +) Amount Percentage. U.S. treasury securities,96, ,96,68 0,96, U.S. government agency obligations (excluding mortgagebacked securities):. Issued by U.S. government agencies Issued by U.S. government sponsored agencies 0,7, ,7,96 0 0,7, Non-U.S. government (including Canada, excluding mortgagebacked securities) 99,8, ,8,7 0 99,8, Securities issued by states, territories, and possessions and political subdivisions in the U.S.:. States, territories and possessions general obligations 7,96,78.9 7,96,78 0 7,96,78.9. Political subdivisions of states, territories and possessions and political subdivisions general obligations 6,0, ,0,7 0 6,0, Revenue and assessment obligations 7,86, ,86,07 0 7,86, Industrial development and similar obligations 0,97, ,97,0 0 0,97, Mortgage-backed securities (includes residential and commercial MBS):. Pass-through securities:. Issued or guaranteed by GNMA,970,089.9,970,089 0,970, Issued or guaranteed by FNMA and FHLMC,6, ,6,76 0,6, All other,7, 0.78,7, 0,7, CMOs and REMICs:. Issued or guaranteed by GNMA, FNMA, FHLMC or VA 0,0,. 0,0, 0 0,0,.. Issued by non-u.s. Government issuers and collateralized by mortgage-backed securities issued or guaranteed by agencies shown in Line All other 79,6, ,6, ,6,77.8. Other debt and other fixed income securities (excluding short term):. Unaffiliated domestic securities (includes credit tenant loans and hybrid securities),987,8 6.,987,8 0,987,8 6.. Unaffiliated non-u.s. securities (including Canada) 67,9, ,9, ,9, Affiliated securities Equity interests:. Investments in mutual funds 7,90,8.77 7,90,8 0 7,90,8.77. Preferred stocks:. Affiliated Unaffiliated Publicly traded equity securities (excluding preferred stocks):. Affiliated Unaffiliated 9,60, ,60, ,60, Other equity securities:. Affiliated Unaffiliated Other equity interests including tangible personal property under lease:. Affiliated Unaffiliated Mortgage loans:. Construction and land development Agricultural Single family residential properties Multifamily residential properties Commercial loans Mezzanine real estate loans Real estate investments:. Property occupied by company Property held for production of income (including $ of property acquired in satisfaction of debt),77,8 0.8,77,8 0,77, Property held for sale (including $ property acquired in satisfaction of debt) Contract loans Derivatives Receivables for securities 88, ,7 0 88, Securities Lending (Line 0, Asset Page reinvested collateral) XXX XXX XXX 0. Cash, cash equivalents and short-term investments 67,68,86. 67,68, ,68,86.. Other invested assets,0, ,0,798 0,0, Total invested assets,,007, ,,007,6 0,,007, SI0

57 SCHEDULE A VERIFICATION BETWEEN YEARS Real Estate. Book/adjusted carrying value, December of prior year,99,. of acquired:. Actual cost at time of acquisition (Part, Column 6) 0. Additional investment made after acquisition (Part, Column 9),67,67. Current year change in encumbrances:. Totals, Part, Column 0. Totals, Part, Column 0 0. Total gain (loss) on disposals, Part, Column 8 0. Deduct amounts received on disposals, Part, Column 0 6. Total foreign exchange change in book/adjusted carrying value: 6. Totals, Part, Column 0 6. Totals, Part, Column Deduct current year s other-than-temporary impairment recognized: 7. Totals, Part, Column 0 7. Totals, Part, Column Deduct current year s depreciation: 8. Totals, Part, Column 7,9 8. Totals, Part, Column 9 0 7,9 9. Book/adjusted carrying value at the end of current period (Lines ),77,8 0. Deduct total nonadmitted amounts 0. Statement value at end of current period (Line 9 minus Line 0),77,8 SCHEDULE B VERIFICATION BETWEEN YEARS Mortgage Loans. Book value/recorded investment excluding accrued interest, December of prior year 0. of acquired:. Actual cost at time of acquisition (Part, Column 7) 0. Additional investment made after acquisition (Part, Column 8) 0 0. Capitalized deferred interest and other:. Totals, Part, Column 0. Totals, Part, Column 0 0. Accrual of discount. Unrealized valuation increase (decrease):. Totals, Part, Column 9 0. Totals, Part, Column Total gain (loss) on disposals, Part, Column Deduct amounts received on disposals, Part, Column 0 8. Deduct amortization of premium and mortgage interest points and commitment fees 9. Total foreign exchange change in book value/recorded investment excluding accrued interest: 9. Totals, Part, Column 0 9. Totals, Part, Column Deduct current year s other-than-temporary impairment recognized: 0. Totals, Part, Column 0 0. Totals, Part, Column Book value/recorded investment excluding accrued interest at end of current period (Lines ) 0. Total valuation allowance. Subtotal (Line plus Line ) 0. Deduct total nonadmitted amounts. Statement value of mortgages owned at end of current period (Line minus Line ) 0 SI0

58 SCHEDULE BA VERIFICATION BETWEEN YEARS Other Long-Term Invested Assets. Book/adjusted carrying value, December of prior year 7,,07. of acquired:. Actual cost at time of acquisition (Part, Column 8) 9,79. Additional investment made after acquisition (Part, Column 9) 0 9,79. Capitalized deferred interest and other:. Totals, Part, Column 6 0. Totals, Part, Column 0 0. Accrual of discount 0. Unrealized valuation increase (decrease):. Totals, Part, Column (,88,). Totals, Part, Column 9 0 (,88,) 6. Total gain (loss) on disposals, Part, Column 9 (07,70) 7. Deduct amounts received on disposals, Part, Column 6,077,86 8. Deduct amortization of premium and depreciation 0 9. Total foreign exchange change in book/adjusted carrying value: 9. Totals, Part, Column Totals, Part, Column Deduct current year s other-than-temporary impairment recognized: 0. Totals, Part, Column 8,8 0. Totals, Part, Column 0 8,8. Book/adjusted carrying value at end of current period (Lines ),0,798. Deduct total nonadmitted amounts 0. Statement value at end of current period (Line minus Line ),0,798 SCHEDULE D VERIFICATION BETWEEN YEARS Bonds and Stocks. Book/adjusted carrying value, December of prior year,06,76,. of bonds and stocks acquired, Part, Column 7 6,,. Accrual of discount,,968. Unrealized valuation increase (decrease):. Part, Column 09,999. Part, Section, Column 0. Part, Section, Column,00,98. Part, Column (,9,66) 8,8,7. Total gain (loss) on disposals, Part, Column 9,7,08 6. Deduction consideration for bonds and stocks disposed of, Part, Column 7 0,,6 7. Deduct amortization of premium 7,67,0 8. Total foreign exchange change in book/adjusted carrying value: 8. Part, Column,7,70 8. Part, Section, Column Part, Section, Column 6 (,0,76) 8. Part, Column 0,9,808,9,76 9. Deduct current year s other-than-temporary impairment recognized: 9. Part, Column 0 9. Part, Section, Column Part, Section, Column 0 9. Part, Column,89,89 0. Book/adjusted carrying value at end of current period (Lines ),0,76,97. Deduct total nonadmitted amounts 0. Statement value at end of current period (Line 0 minus Line ),0,76,97 SI0

59 SCHEDULE D - SUMMARY BY COUNTRY Long-Term Bonds and Stocks OWNED December of Current Year Description Book/Adjusted Carrying Value Fair Value Actual Par Value of Bonds BONDS. United States,60,68 0,9,906,9, 8,, Governments. Canada 8,70,8 8,78,879 98,680, 78,,6 (Including all obligations guaranteed. Other Countries 7,760,799 7,,6 7,890,897 6,0,000 by governments). Totals,,898 0,996,7 68,0,70,96,807 U.S. States, Territories and Possessions ( guaranteed). Totals 6,769,0 6,8,9 7,98,69,,000 U.S. Political Subdivisions of States, Territories and Possessions ( guaranteed) 6. Totals 7,00,88 0,0,6,0,76,0,000 U.S. Special revenue and special assessment obligations and all non-guaranteed obligations of agencies and authorities of governments and their political subdivisions 7. Totals,86,67 9,80,9 8,,9 99,78,9 8. United States,7,78 7,67,90 8,98,77,,6 Industrial and Miscellaneous, SVO Identified 9. Canada 6,,66 6,8,7 78,,6 6,, Funds and Hybrid Securities (unaffiliated) 0. Other Countries 0,068,0 0,69,66 0,87,88 0,,7. Totals 9,76,89 97,6,,87,80 97,,00 Parent, Subsidiaries and Affiliates. Totals Total Bonds,0,0,,,66,8,70,8,70,87,6,0 PREFERRED STOCKS. United States Industrial and Miscellaneous (unaffiliated). Canada Other Countries Totals Parent, Subsidiaries and Affiliates 8. Totals Total Preferred Stocks COMMON STOCKS 0. United States 99,68,07 99,68,07 9,8,78 Industrial and Miscellaneous (unaffiliated). Canada 98,8 98,8 9,697. Other Countries 9,9,97 9,9,97 8,676,8. Totals 0,6,8 0,6,8 9,,9 Parent, Subsidiaries and Affiliates. Totals Total Common Stocks 0,6,8 0,6,8 9,,9 6. Total Stocks 0,6,8 0,6,8 9,,9 7. Total Bonds and Stocks,0,76,97,,80,70,0,66,0 SI0

60 SCHEDULE D - PART A - SECTION Quality and Maturity Distribution of All Bonds Owned December, at Book/Adjusted Carrying Values by Major Types of Issues and NAIC Designations SI0 Over Year Through Years Over Years Through 0 Years Over 0 Years Through 0 Years 6 No Maturity Date 7 Total Current Year 8 Col. 7 as a % of Line Total from Col. 6 Prior Year 0 % From Col. 7 Prior Year Total Publicly Traded Total Privately Placed (a) NAIC Designation Year or Less Over 0 Years. U.S. Governments. NAIC,979,,87,8,79,8,67,0,66, XXX,86,.0,80,67.9,86,. NAIC XXX NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals,979,,87,8,79,8,67,0,66, XXX,86,.0,80,67.9,86, 0. All Other Governments. NAIC,6,69 7,,6,9,69 XXX 8,99, ,90,9 6. 8,80,7,89,997. NAIC 6,9,0,0,78 XXX 0,69, ,90, ,9,8,9,96. NAIC,7,7 XXX,7, ,970 0.,7,7. NAIC XXX NAIC XXX NAIC 6 XXX Totals,6,69 7,,6 6,,777 0,0,78 XXX 00,8, ,7,9 7. 9,08,9,79,96. U.S. States, Territories and Possessions, etc., Guaranteed. NAIC,9,0,0,0 XXX 6,769,0.9 8,868,079. 6,769,0. NAIC XXX NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals 0,9,0,0,0 0 0 XXX 6,769,0.9 8,868,079. 6,769,0 0. U.S. Political Subdivisions of States, Territories and Possessions, Guaranteed. NAIC,68,86 9,600,79 89,78,99,0,60 XXX,90, ,689,009 6.,90,. NAIC,96,8 XXX,96,8 0.,9,0 0.,96,8. NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals,08,0 9,600,79 89,78,99,0,60 0 XXX 7,00, ,08,0 6. 7,00,88 0. U.S. Special Revenue & Special Assessment Obligations, etc., Non-Guaranteed. NAIC 9,8,8 0,9,90 6,6,7,979,7 7,80,6 XXX,78,7.6,06,07.7,78,7. NAIC 8, XXX 8, 0.0 8, ,. NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals 9,8,8 0,9,90 6,79,67,979,7 7,80,6 XXX,86,67.6,689,.7,78,7 8,

61 SCHEDULE D - PART A - SECTION (Continued) Quality and Maturity Distribution of All Bonds Owned December, at Book/Adjusted Carrying Values by Major Types of Issues and NAIC Designations SI06 Over Year Through Years Over Years Through 0 Years Over 0 Years Through 0 Years 6 No Maturity Date 7 Total Current Year 8 Col. 7 as a % of Line Total from Col. 6 Prior Year 0 % From Col.7 Prior Year Total Publicly Traded Total Privately Placed (a) NAIC Designation Year or Less Over 0 Years 6. Industrial and Miscellaneous (unaffiliated) 6. NAIC 8,8,07 8,68, 7,7,789 8,89,86 9,9,77 XXX 6,68, 6. 6,98, ,7,988 67,8, 6. NAIC 8,69,06 89,6,76 0,880,00,87,7,96,08 XXX 96,6,996.,0, ,677,7,879,9 6. NAIC,8,7,69,8,0 XXX 7,66,0 0. 9,676,06.6,07,8,78,70 6. NAIC,60 76,09 68,0,06 XXX,8 0.0,9,6 0.,8 6. NAIC XXX NAIC 6 XXX Totals 9,6,7 0,08,0 0,96,8,,7,906,80 XXX 0,69,8. 7,0,007. 6,7,807 9,,77 7. Hybrid Securities 7. NAIC,78,89,, XXX,69, ,69,8 7. NAIC,099, XXX,099, ,060,78,08,8 7. NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals,78,89,099,,, 0 0 XXX,790, ,7,70,08,8 8. Parent, Subsidiaries and Affiliates 8. NAIC XXX NAIC XXX NAIC XXX NAIC XXX NAIC XXX NAIC 6 XXX Totals XXX SVO-Designated Securities 9. NAIC XXX XXX XXX XXX XXX XXX XXX 9. NAIC XXX XXX XXX XXX XXX XXX XXX 9. NAIC XXX XXX XXX XXX XXX XXX XXX 9. NAIC XXX XXX XXX XXX XXX XXX XXX 9. NAIC XXX XXX XXX XXX XXX XXX XXX 9.6 NAIC 6 XXX XXX XXX XXX XXX XXX XXX 9.7 Totals XXX XXX XXX XXX XXX XXX XXX 0 0

62 SI07 Over Year Through Years SCHEDULE D - PART A - SECTION (Continued) Quality and Maturity Distribution of All Bonds Owned December, at Book/Adjusted Carrying Values by Major Types of Issues and NAIC Designations Over Years Over 0 Years No Maturity Total Col. 7 as a Through 0 Years Through 0 Years Over 0 Years Date Current Year % of Line Total from Col. 6 Prior Year 0 % From Col. 7 Prior Year Total Publicly Traded Total Privately Placed (a) NAIC Designation Year or Less 0. Total Bonds Current Year 0. NAIC (d),98, 9,,0 8,, 80,887,8 8,89,7,09,7,67 8. XXX XXX 988,88,7 70,7,0 0. NAIC (d),09,790 9,6,87 7,9,60,87,7 7,9,8,99,6 6.6 XXX XXX 8,6,0 8,7, 0. NAIC (d) 0,8,7 9,,60,0 0,8, XXX XXX 0,08,67,78,70 0. NAIC (d),60 76,09 68,0,06 0,8 0.0 XXX XXX 0,8 0. NAIC (d) (c) XXX XXX NAIC 6 (d) (c) XXX XXX Totals 7,06,6,06,00 0,70,777 96,, 76,8,8 0 (b),8,06, 00.0 XXX XXX,8,9,96 0,77,6 0.8 Line 0.7 as a % of Col XXX XXX XXX Total Bonds Prior Year. NAIC 9,78,6 77,67,707,7,96 6,89,89,00,099 XXX XXX XXX,008,67, ,7,70 6,99,69. NAIC 6,88,9 0,9,687,67,878 9,080, 9,,609 XXX XXX XXX,06, ,66,6,,79. NAIC,0,8 6,609,0,87,9 0 0 XXX XXX XXX 0,8,06.6 8,80,6,7,00. NAIC,0 8,,69, XXX XXX XXX,9,6 0.,9,,7. NAIC XXX XXX XXX (c) NAIC XXX XXX XXX (c) Totals 68,9,67 87,07,0 9,60,6,69,6 60,8,708 XXX XXX XXX (b),,8,9 00.0,6,0,77 90,9,97.8 Line.7 as a % of Col XXX XXX XXX 00.0 XXX Total Publicly Traded Bonds. NAIC 0,69,90 98,7,07,0,09 78,768,07 8,79,8 988,88, ,7, ,88,7 XXX. NAIC 9,69,88 80,7,8,9,8,9,90,6,6 8,6,0. 9,66,. 8,6,0 XXX. NAIC,8,7 7,,80,0 0,08, ,80,6. 0,08,67 XXX. NAIC 0 0.0,9, 0. 0 XXX. NAIC XXX.6 NAIC XXX.7 Totals 0,6,80 8,6,60 0,90,79 9,69,79 7,8,0 0,8,9,96 9.,6,0,77 9.8,8,9,96 XXX.8 Line.7 as a % of Col XXX XXX XXX 00.0 XXX.9 Line.7 as a % of Line 0.7, Col. 7, Section XXX XXX XXX 9. XXX. Total Privately Placed Bonds. NAIC,86,9 0,806,66,00,7,9,7, 70,7,0. 6,99,68. XXX 70,7,0. NAIC,6,908,0,0,9,66,8,,8,9 8,7,.,,79. XXX 8,7,. NAIC,78,70,78,70 0.,7,00 0. XXX,78,70. NAIC,60 76,09 68,0,06,8 0.0,7 0.0 XXX,8. NAIC XXX 0.6 NAIC XXX 0.7 Totals 6,9,9,,99,80,08,7,76,,88 0 0,77, ,9,97 7. XXX 0,77,6.8 Line.7 as a % Col XXX XXX XXX XXX Line.7 as a % of Line 0.7, Col. 7, Section XXX XXX XXX XXX 7.9 (a) Includes $ 00,8,80 freely tradable under SEC Rule or qualified for resale under SEC Rule A. (b) Includes $,98 current year, $ prior year of bonds with Z designations and $ current year, $ prior year of bonds with Z* designations. The letter Z means the NAIC designation was not assigned By the Securities Valuation Office (SVO) at the date of the statement. Z* means the SVO could not evaluate the obligation because valuation procedures for the security class is under regulatory review. (c) Includes $ current year, $ prior year of bonds with * designations and $ current year, $ prior year of bonds with 6* designations. * means the NAIC designation was assigned by the SVO in reliance on the insurer s certification that the issuer is current in all principal and interest payments. 6* means the NAIC designation was assigned by the SVO due to inadequate certification of principal and interest payments. (d) Includes the following amount of short-term and cash equivalent bonds by NAIC designation: NAIC $,86,097 ; NAIC $ ; NAIC $ ; NAIC $ ; NAIC $ ; NAIC 6 $.

63 SI08 ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE D - PART A - SECTION Maturity Distribution of All Bonds Owned December, At Book/Adjusted Carrying Values by Major Type and Subtype of Issues Distribution by Type Year or Less Over Year Through Years Over Years Through 0 Years Over 0 Years Through 0 Years Over 0 Years 6 No Maturity Date 7 Total Current Year 8 Col. 7 as a % of Line Total from Col. 6 Prior Year 0 % From Col. 7 Prior Year Total Publicly Traded Total Privately Placed (a). U.S. Governments. Issuer Obligations 0,66 9,76,90,,9 799,9 96,07 XXX,77,0. 9,7,.,77,0. Residential Mortgage-Backed Securities,78, 6,6,98 9,0,967,87,6 60,07 XXX 6,68,.9 6,66,06. 6,68,. Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals,979,,87,8,79,8,67,0,66, XXX,86,.0,80,67.9,86, 0. All Other Governments. Issuer Obligations,6,69 7,,6 6,,777,0,78 XXX 00,8, ,7,9 7. 9,08,9,79,96. Residential Mortgage-Backed Securities XXX Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals,6,69 7,,6 6,,777 0,0,78 XXX 00,8, ,7,9 7. 9,08,9,79,96. U.S. States, Territories and Possessions, Guaranteed. Issuer Obligations,9,0,0,0 XXX 6,769,0.9 8,868,079. 6,769,0. Residential Mortgage-Backed Securities XXX Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals 0,9,0,0,0 0 0 XXX 6,769,0.9 8,868,079. 6,769,0 0. U.S. Political Subdivisions of States, Territories and Possessions, Guaranteed. Issuer Obligations,08,0 9,600,79 89,78,99,0,60 XXX 7,00, ,08,0 6. 7,00,88. Residential Mortgage-Backed Securities XXX Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals,08,0 9,600,79 89,78,99,0,60 0 XXX 7,00, ,08,0 6. 7,00,88 0. U.S. Special Revenue & Special Assessment Obligations, etc., Non-Guaranteed. Issuer Obligations 70,96,79,78 06,6,669,70,707,9,0 XXX 9,066, ,7,88. 9,78,9 8,. Residential Mortgage-Backed Securities 9,0,8,9,6,7,,608,80,6,0 XXX 8,70, ,80,0 0. 8,70,6. Commercial Mortgage-Backed Securities 6,9,006 XXX 6,9,006 0.,08,8. 6,9,006. Other Loan-Backed and Structured Securities,,078 XXX,,078 0.,6, 0.,,078. Totals 9,8,8 0,9,90 6,79,67,979,7 7,80,6 XXX,86,67.6,689,.7,78,7 8, 6. Industrial and Miscellaneous 6. Issuer Obligations 8,87,99 0,79, 8,9,88,6,7,70,67 XXX,07,. 9,78, ,7,709,88,70 6. Residential Mortgage-Backed Securities,8,,88,89 0,788,9 7,8,70,96,6 XXX 9,6,6. 9,6,80. 8,8,7,77,0 6. Commercial Mortgage-Backed Securities 67,000,7,7,0,0,88,8 XXX,9,7.,,98. 8,68,9,80,9 6. Other Loan-Backed and Structured Securities,867,0 6,686,0 96, XXX 8,79, ,8,70 0.7,7,98 7,7,99 6. Totals 9,6,7 0,08,0 0,96,8,,7,906,80 XXX 0,69,8. 7,0,007. 6,7,807 9,,77 7. Hybrid Securities 7. Issuer Obligations,78,89,099,,, XXX,790, ,7,70,08,8 7. Residential Mortgage-Backed Securities XXX Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals,78,89,099,,, 0 0 XXX,790, ,7,70,08,8 8. Parent, Subsidiaries and Affiliates 8. Issuer Obligations XXX Residential Mortgage-Backed Securities XXX Commercial Mortgage-Backed Securities XXX Other Loan-Backed and Structured Securities XXX Totals XXX

64 SI09 SCHEDULE D - PART A - SECTION (Continued) Maturity Distribution of All Bonds Owned December, at Book/Adjusted Carrying Values by Major Type and Subtype of Issues Over Year Through Years Over Years Through 0 Years Over 0 Years Through 0 Years 6 No Maturity Date 7 Total Current Year 8 Col. 7 as a % of Line Total from Col. 6 Prior Year 0 % From Col. 7 Prior Year Total Publicly Traded Total Privately Placed (a) Distribution by Type Year or Less Over 0 Years 9. SVO Identified Funds 9. Exchange Traded Funds Identified by the SVO XXX XXX XXX XXX XXX XXX XXX 9. Bond Mutual Funds Identified by the SVO XXX XXX XXX XXX XXX XXX XXX 9. Totals XXX XXX XXX XXX XXX XXX XXX Total Bonds Current Year 0. Issuer Obligations 0,8,908 9,0,80,768,79 6,08,0 7,06,78 XXX,0,9,0 79. XXX XXX 96,67,66 9,9,7 0. Residential Mortgage-Backed Securities 0,7, 8,98,9,696,700,87,906,077,707 XXX 0,860,79.9 XXX XXX 0,8,89,77,0 0. Commercial Mortgage-Backed Securities 67,000,7,7 0,98,09,88,8 0 XXX 8,7,70.8 XXX XXX,7,,80,9 0. Other Loan-Backed and Structured Securities,867,0 6,686,0,7,9 0 0 XXX 9,880,9 0.8 XXX XXX,606,06 7,7,99 0. SVO Identified Funds XXX XXX XXX XXX XXX XXX XXX Totals 7,06,6,06,00 0,70,777 96,, 76,8,8 0,8,06, 00.0 XXX XXX,8,9,96 0,77,6 0.7 Lines 0.6 as a % Col XXX XXX XXX Total Bonds Prior Year. Issuer Obligations 0,7,87,9,997,66,,,668 60,8,708 XXX XXX XXX,0,06, ,6,77 0,99,86. Residential Mortgage-Backed Securities,79, 7,,9,6,9, 0 XXX XXX XXX 7,79,.9 7,,9,60,6. Commercial Mortgage-Backed Securities 0,07,7 0,679,766,8,,060, 0 XXX XXX XXX 6,,076.,706,70,6,6. Other Loan-Backed and Structured Securities,97,9,6,6,, 0 0 XXX XXX XXX 9,67,69 0.8,0,88,,8. SVO Identified Funds XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX.6 Totals 68,9,67 87,07,0 9,60,6,69,6 60,8,708 XXX XXX XXX,,8,9 00.0,6,0,77 90,9,97.7 Line.6 as a % of Col XXX XXX XXX 00.0 XXX Total Publicly Traded Bonds. Issuer Obligations 98,60,7 9,6,70 9,99,9 8,9,7 68,76,69 XXX 96,67, ,6, ,67,66 XXX. Residential Mortgage-Backed Securities 0,,96 8,09,60,7,8,7,68,077,707 XXX 0,8,89.8 7,,9.8 0,8,89 XXX. Commercial Mortgage-Backed Securities 6,8,07,90,8,78 XXX,7,.,706,70.9,7, XXX. Other Loan-Backed and Structured Securities,7,98,,078 XXX,606,06 0.,0,88 0.,606,06 XXX. SVO Identified Funds XXX XXX XXX XXX XXX XXX XXX 0 XXX.6 Totals 0,6,80 8,6,60 0,90,79 9,69,79 7,8,0 0,8,9,96 9.,6,0,77 9.8,8,9,96 XXX.7 Line.6 as a % of Col XXX XXX XXX 00.0 XXX.8 Line.6 as a % of Line 0.6, Col. 7, Section XXX XXX XXX 9. XXX. Total Privately Placed Bonds. Issuer Obligations,69,80,79,6,77,0,,7,,88 XXX 9,9,7.7 0,99,86. XXX 9,9,7. Residential Mortgage-Backed Securities 00,77 78,68 9, 9,8 XXX,77,0 0.,60,6 0. XXX,77,0. Commercial Mortgage-Backed Securities 67,69,6,066 9,99,,88,8 XXX,80,9.6,6,6.6 XXX,80,9. Other Loan-Backed and Structured Securities 9,8 6,686,0 96, XXX 7,7,98 0.6,,8 0. XXX 7,7,98. SVO Identified Funds XXX XXX XXX XXX XXX XXX XXX XXX 0.6 Totals 6,9,9,,99,80,08,7,76,,88 0 0,77, ,9,97 7. XXX 0,77,6.7 Line.6 as a % of Col XXX XXX XXX XXX Line.6 as a % of Line 0.6, Col. 7, Section XXX XXX XXX XXX 7.9

65 SCHEDULE DA - VERIFICATION BETWEEN YEARS Short-Term Investments Total Bonds Mortgage Loans Other Short-term Investment Assets(a) Investments in Parent, Subsidiaries and Affiliates. Book/adjusted carrying value, December of prior year,98,08,0,976 0,6,06 0. of short-term investments acquired 68,0, 6,6,778 0,66,7 0. Accrual of discount 8,68 8, Unrealized valuation increase (decrease) Total gain (loss) on disposals (7,77) (09,9) 0, Deduct consideration received on disposals 9,787, 8,809,79 0 0,977, Deduct amortization of premium,96, Total foreign exchange change in book/adjusted carrying value, (8,779) 0 8,0 0 SI0 9. Deduct current year s other-than-temporary impairment recognized Book adjusted carrying value at end of current period (Lines ),86,097 0,7,07 0,6,0 0. Deduct total nonadmitted amounts Statement value at end of current period (Line 0 minus Line ),86,097 0,7,07 0,6,0 0 (a) Indicate the category of such assets, for example, joint ventures, transportation equipment: Canadian T-Bill Money Market Mutual Fund

66 Schedule DB - Part A - Verification NONE Schedule DB - Part B - Verification NONE Schedule DB - Part C - Section NONE Schedule DB - Part C - Section NONE Schedule DB - Verification NONE SI, SI, SI, SI

67 SCHEDULE E - VERIFICATION BETWEEN YEARS (Cash Equivalents) Total Bonds Other (a). Book/adjusted carrying value, December of prior year 0,09,89 0,09,89 0. of cash equivalents acquired,9,8,9,8 0. Accrual of discount,7,7 0. Unrealized valuation increase (decrease) Total gain (loss) on disposals 79,60 79, Deduct consideration received on disposals,,7,, Deduct amortization of premium Total foreign exchange change in book/adjusted carrying value Deduct current year s other-than-temporary impairment recognized Book/adjusted carrying value at end of current period (Lines ) Deduct total nonadmitted amounts Statement value at end of current period (Line 0 minus Line ) (a) Indicate the category of such investments, for example, joint ventures, transportation equipment SI

68 SCHEDULE A - PART Showing All Real Estate OWNED December of Current Year Location Change in Book/Adjusted Carrying Value Less Encumbrances 6 7 Date Acquired Date of Last Appraisal Actual Amount of Encumbrances Book/Adjusted Carrying Value Less Encumbrances Fair Value Less Encumbrances Current Year s Depreciation Current Year s Other-Than- Temporary Impairment Recognized Current Year s Change in Encumbrances Total Change in B./A.C.V. (--) Total Foreign Exchange Change in B./A.C.V. Gross Income Earned Less Interest on Encumbrances Description of Property Code City State Properties held for the production of income Three () story office building Morristown NJ 07//987 0//99 0,6,98 0,77,8 6,00,000 7,9 0 0 (7,9) 0 7,666 7, Properties held for the production of income 0,6,98 0,77,8 6,00,000 7,9 0 0 (7,9) 0 7,666 7,6 Taxes, Repairs and s E Totals 0,6,98 0,77,8 6,00,000 7,9 0 0 (7,9) 0 7,666 7,6

69 Location SCHEDULE A - PART Showing All Real Estate ACQUIRED and Additions Made During the Year Actual at Time of Acquisition Book/Adjusted Carrying Value Less Encumbrances Additional Investment Made After Acquisition Description of Property City State Date Acquired Name of Vendor Amount of Encumbrances Acquired by purchase Server Room Compressor replacement Morristown NJ 07//06 Industrial Cooling Corp. 7,9 New Office Construction Morristown NJ 08//06 DDAE,LLC 0, Elevator Upgrade Morristown NJ 0/6/06 Liberty Elevator Corp. 8,600 New Tenant space construction Morristown NJ //06 DDAE,LLC 7, Acquired by purchase 0 0 0, Totals 0 0 0,67 E0

70 Schedule A - Part NONE Schedule B - Part NONE Schedule B - Part NONE Schedule B - Part NONE E0, E0, E0, E06

71 SCHEDULE BA - PART Showing Other Long-Term Invested Assets OWNED December of Current Year Location Change in Book/Adjusted Carrying Value Name of NAIC Date Type Percentage CUSIP Identification Name or Description Code City State Vendor or General Partner Designation Originally Acquired and Strategy Actual Fair Value Investment Income of Ownership Any Other Class of Assets - Unaffiliated DLJ Merchant Banking Partners DLJ Merchant Banking IV L.P. New York NY Partners 08/0/006,,969,9,79,9,79 (,878) , Lindsay Goldberg & Bessemer II L.P. New York NY Lindsay Goldberg Company 08/7/006,96,79,96,79,96,79,7 0 69, 0 0 0,00, Lindsay Goldberg Co-Investment I L.P. New York NY Lindsay Goldberg Company 0//00 6,690,08,08, Lindsay Goldberg Co-Investment II L.P. New York NY Lindsay Goldberg Company /0/007,07,8,8, 0, Lindsay Goldberg Fund III L.P. New York NY Lindsay Goldberg Company 0//009,77,6,879,6,879,6 (,98) , NB Secondary Opportunities Fund L.P. New York NY Neuberger Berman //00 0,,96,,96 (77,88) , NB Secondary Opportunities Fund II L.P. New York NY Neuberger Berman 08/8/008 0,98,96,98,96 (,9,99) ,0, Trilantic Capital Partners III L.P. New York NY Trilantic Capital Partners 0/8/00 9,668 9,668 9, , ,6, Trilantic Capital Partners IV L.P. New York NY Trilantic Capital Partners 0//007,07,07,07 (70,90) 0 0, , Any Other Class of Assets - Unaffiliated 6,,6,0,798,0,798 (,88,) 0 8, ,9,0 XXX Book / Adjusted Carrying Value Less Encumbrances Unrealized Valuation Increase (Decrease) Current Year s (Depreciation) or (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Capitalized Deferred Interest and Other Total Foreign Exchange Change in B./A.C.V. Commitment for Additional Investment E Subtotals - Unaffiliated 6,,6,0,798,0,798 (,88,) 0 8, ,9,0 XXX Subtotals - Affiliated XXX Totals 6,,6,0,798,0,798 (,88,) 0 8, ,9,0 XXX

72 SCHEDULE BA - PART Showing Other Long-Term Invested Assets ACQUIRED AND ADDITIONS MADE December of Current Year Location Name of Date Type Vendor or Originally and Actual Additional Investment Made Amount of Name or Description City State General Partner Acquired Strategy at Time of Acquisition After Acquisition Encumbrances CUSIP Identification Any Other Class of Assets - Unaffiliated DLJ Merchant Banking Partners IV L.P. New York NY DLJ Merchant Banking Partners 08/0/006 6, Lindsay Goldberg Fund III L.P. New York NY Lindsay Goldberg Company 0//009 70, NB Secondary Opportunities Fund II L.P. New York NY Neuberger Berman //00, Trilantic Capital Partners IV L.P. New York NY Trilantic Capital Partners 0//007, Any Other Class of Assets - Unaffiliated 9, XXX Percentage of Ownership Subtotals - Unaffiliated 9, XXX Subtotals - Affiliated XXX Totals 9, XXX E08

73 SCHEDULE BA - PART Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Year Location Change in Book/Adjusted Carrying Value Date Originally Acquired Book/ Adjusted Carrying Value Less Encumbrances Prior Year 9 Unrealized Valuation Increase (Decrease) 0 Current Year s (Depreciation) or (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Capitalized Deferred Interest and Other Total Change in B./A.C.V. (9+0-+) Total Foreign Exchange Change in B./A.C.V. Book/Adjuste d Carrying Value Less Encumbrances on Disposal Consideration CUSIP Identification Name or Description City State Name of Purchaser or Nature of Disposal Disposal Date Investment Income Any Other Class of Assets - Unaffiliated DLJ Merchant Banking Partners IV L.P. New York NY DLJ Merchant Banking Partners 08/0/006 /08/ ,0 77, 0 (77,06) (77,06), Lindsay Goldberg & Bessemer II L.P. New York NY Lindsay Goldberg Company 08/7/006 // ,98 0,0 0 6,0 6,0 0, Lindsay Goldberg Co-Investment I L.P. New York NY Lindsay Goldberg Company 0//00 09// ,79 6,7 0 (,988) (,988), Lindsay Goldberg Co-Investment II L.P. New York NY Lindsay Goldberg Company /0/007 // ,78 0,78, Lindsay Goldberg Fund III L.P. New York NY Lindsay Goldberg Company 0//009 // ,876 96,97 0,08,08, NB Secondary Opportunities Fund L.P. New York NY Neuberger Berman //00 /8/ ,06 NB Secondary Opportunities Fund II L.P. New York NY Neuberger Berman 08/8/008 /09/ ,00, ,8, Trilantic Capital Partners III L.P. New York NY Trilantic Capital Partners 0/8/00 0/8/ ,66, Trilantic Capital Partners IV L.P New York NY Trilantic Capital Partners 0//007 /0/ , 69,76 0,0,0, Any Other Class of Assets - Unaffiliated ,8,,077,86 0 (07,70) (07,70),67, Subtotals - Unaffiliated ,8,,077,86 0 (07,70) (07,70),67, Subtotals - Affiliated Totals ,8,,077,86 0 (07,70) (07,70),67,0 Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal E09

74 E0 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code Bonds - U.S. Governments - Issuer Obligations 980-EL-8 UNITED STATES TREASURY SD,79, ,08,000,600,000,80,7 0 (6,0) MN 6,69 8,000 /6/00 //0 980-EP-9 UNITED STATES TREASURY SD 0, ,9 90,000 06,07 0 (,6) FA 7,80 0,66 0/0/009 0//0 980-FE- UNITED STATES TREASURY SD 86, ,608 70, ,9 0 (,7) FA,8,0 07/8/006 08// PX-0 UNITED STATES TREASURY O 8, , 00,000,77 0 (68) MN,7 8,000 0//008 0// QT-8 UNITED STATES TREASURY SD, ,0 00,000,0 0 (608) MN,09,6 //0 //0 988-P-6 UNITED STATES TREASURY SD,, ,987,008,00,000,7,8 0, FA 9,6 6,000 0/7/06 0// P8-7 UNITED STATES TREASURY 7,9, ,78,80 8,000,000 7,9,7 0, FA 0,80 0 /08/06 0/8/ Bonds - U.S. Governments - Issuer Obligations,6,06 XXX,70,98,70,000,96,68 0 (7,0) 0 0 XXX XXX XXX 9,9 9,8 XXX XXX Bonds - U.S. Governments - Residential Mortgage-Backed Securities 678U-CN- G AB777 - RMBS,8, ,786,98,7,690,8, MON,00 6,7 0/0/0 /0/0 678U-LA-9 G AB7 - RMBS 9, , 886,8 960,7 0, MON,87,87 0/0/0 /0/0 679Q-PG-0 G MA - RMBS,, ,6,00,07,066,6,7 0 9, MON,9 7,99 0/09/0 09/0/0 679Q-PJ- G MA - RMBS,086, ,09,89,9,8,, 0 7, MON 7,69 88,700 0//0 09/0/0 688K-DZ- G AP00 - RMBS,7, ,06,6,90,66,,89 0 (,9) MON 8,9,60 09//06 0/0/0 689R-ZT-7 G AQ - RMBS,96,8.0,97,8,86,,96,0 0 (,77) MON 7,, 09/0/06 /0/08 69E-P7-9 G AR766 - RMBS,0, ,978,76,8,09,0,88 0 (8,9) MON 8,98,6 08//06 0/0/06 60AR-RB-9 G RMBS,7, ,0,6,006,98,8, , MON 8,770 7, 09/09/06 /0/00 60C-TK-6 GN 78 - RMBS,79, ,69,99,9,98,8,89 0, MON 8,6 0,6 /0/0 09//00 6A-U7- G RMBS,08, ,808,80,9,8,06,9 0, MON 0,0,66 09/7/06 0/0/08 6A-VP- GN 78 - RMBS,660, ,68,,69,0,66,8 0, MON,9,7 /6/06 0//00 69Q-QW-7 G RMBS,0, ,889,,86,0,0,878 0 (,) MON 7,6,68 08//06 0/0/06 86H-YU-8 SBA RMBS,79, ,689,60,70,009,7, 0 (,08) MON,9,800 06/08/0 07// Bonds - U.S. Governments - Residential Mortgage-Backed Securities 6,67,66 XXX,7,98,8, 6,68, 0 99, XXX XXX XXX,70 79, XXX XXX Bonds - U.S. Governments - Subtotals - U.S. Governments,9, XXX 0,9,906 8,,,60,68 0 6,6 0 0 XXX XXX XXX 0,9 88,67 XXX XXX Bonds - All Other Governments - Issuer Obligations 00-DH-7 ALBERTA, PROVINCE OF SD FE,, ,0,070,89,600,0,00 0 (8,7) 0 (0,69) JD,79,76 06/7/06 //07 00-DH-7 ALBERTA, PROVINCE OF SD FE,7, ,00,0,979,00,968,88 0 0, , JD,9,77 09//0 //07 00-DL-8 ALBERTA, PROVINCE OF SD FE,8, ,,66,08,00,0,7 0 (0,87) 0 66, JD,9 70,76 /0/0 /0/0 00-DM-6 ALBERTA, PROVINCE OF SD FE,8, 0.70,8,968,,00,8,8 0 (,7) 0 (7,69) JD,88,97 06//06 06/0/ FZ-0 BRITISH COLUMBIA, PROVINCE OF SD FE,69, ,97,9,88,,09,7 0 (7,6) 0, JD 6,08 6, //0 /8/09 COLOMBIA, REPUBLIC OF 9-BR- (GOVERNMENT) C, FE,0,0 0.00,007,06 97,000,0,667 0 (88) FA 9,0 0 0//06 0/6/ AA- DURHAM DISTRICT SCHOOL BOARD SD FE,66,877.0,06,76 9,000,0,96 0 (,79) 0, MN 7,0 6,6 /8/0 /9/09 REGIONAL MUNICIPALITY OF 668C-MU- DURHAM SD FE,, ,9,07,89,600,96,99 0 (6,8) 0 (0,) JJ,,8 06/7/06 07/0/07 87-DM- EDMONTON, CITY OF SD FE 89, ,88 9,980 90, 0 (9,099) 0 8, MS,707 6,70 08/9/0 09//08 79Z-AS- FINANCEMENT QUEBEC SD FE,6,0 0.00,9,87,77,0,90,70 0 (6,8) 0 98, JD 6,680 79,9 //0 /0/08 HUNGARY, REPUBLIC OF -AF- (GOVERNMENT) C FE,68, ,6,98,76,000,68,06 0 (,7) MS,7 0 0/6/06 0/9/0 HUNGARY, REPUBLIC OF (GOVERNMENT) C FE 860, ,00 87,000 86, MS,99 6,870 0/8/0 0//0 -AL-0 6Z-BB- MANITOBA, PROVINCE OF SD FE,787, ,8,98,99,0,08,8 0 (9,00) 0 6, MN,0,79 /7/009 //08 6Z-JT-7 MANITOBA, PROVINCE OF SD FE 679, ,00 9,80 66,90 0 (,) 0 (9,9) FA, /6/06 0// TR-6 MANITOBA, PROVINCE OF SD FE,876, ,0,6,80,0,00,6 0 (,96) 0 9, JD 9, 0,77 06/9/0 /0/0 68-NV-9 MONTREAL, VILLE DE SD FE 76, ,67 7,800 7, , FA,,87 08/7/0 08/0/00 68-CA- MONTREAL, VILLE DE SD FE,8, ,0,0 986,860,007,0 0 (,88) 0, JD,9 0, 0//0 /0/07 68-CC- MONTREAL, VILLE DE SD FE 8, ,00 7, ,98 0 (,9) 0 (8,09).000. JD,6 8,77 06/9/06 /0/08 68-CC- MONTREAL, VILLE DE SD FE,0, ,7,,6,,707,890 0 (9,9) 0, JD 6,97 8,87 /0/0 /0/08 68-CJ-6 MONTREAL, VILLE DE SD FE,6, ,,60,7,60,,79 0 (9,89) 0 7, JD 0,,807 0/6/0 /0/09 68-CV-9 MONTREAL, VILLE DE SD FE,, ,88,79,6,,87,876 0 (8,) 0, MS,89 8, /9/0 09/0/ JB JK-7 MUNICIPAL FINANCE AUTHORITY OF BRITISH C SD FE,, ,77 7,800 76,09 0 (9,) 0, JD,06 6,9 //0 /0/07 MUNICIPAL FINANCE AUTHORITY OF BRITISH C SD FE,0, ,06,869,899,0,0,78 0 (,8) 0 6, JD,0 6,6 09/0/0 06/0/0 Stated Contractual Maturity Date

75 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date MUNICIPAL FINANCE AUTHORITY 6609-JN- OF BRITISH C SD FE,8, ,,8,89,600,,77 0 (,07) 0 6, JD,0,076 08/7/0 06/0/09 NEW BRUNSWICK MUNICIPAL 68-EA- FINANCE CORP SD FE,69, ,,06,0,00,8,70 0 8,69 0 8,09.0. JD,7,89 08/9/0 06//09 NEW BRUNSWICK MUNICIPAL FINANCE CORP SD FE,6, ,8,7,77,880,0,66 0 (,) 0, JD,7 0,0 06//0 /08/0 68-GQ BL-0 NEW BRUNSWICK, PROVINCE OF SD FE,79, ,799,7,8,08,786,9 0 8, 0,.0.06 MN, 9,08 /9/0 0/0/ AB-7 NEW BRUNSWICK, PROVINCE OF SD FE,8, ,9 89,760 9,77 0 (7,68) 0 9, JD,06 0,99 //0 06/0/ AF-8 NEW BRUNSWICK, PROVINCE OF SD FE 7, ,89,60 9,96 0 (,67) 0 (9,8) JD,, 0/6/06 06/0/ AJ-0 NEW BRUNSWICK, PROVINCE OF SD FE,8, ,69,89,,600,69, 0 (,09) 0 (8,8).60.8 JD 9,70 97,06 06//06 06/0/0 NEWFOUNDLAND &AMP; LABRADOR, PROVINCE OF SD FE,8, ,79,8,86,000,8,67 0,9 0, JD,0,8 //0 06/0/0 6-FS FV- NOVA SCOTIA, PROVINCE OF SD FE,, , 89,760 90,88 0 (,789) 0 8, MN,760 7,9 //0 //09 68-ZQ- ONTARIO, PROVINCE OF SD FE,67, ,699,678,68,60,68,770 0 (6,9) 0, MS,68 70,7 /0/0 0/08/08 68-ZQ- ONTARIO, PROVINCE OF SD FE 80, ,8 7,800 77,70 0 (,67) 0 (,066) MS 9,86 6, 06/7/06 0/08/08 68A-AD-6 ONTARIO, PROVINCE OF SD FE,9, ,66,78,0,600,8,880 0 (,97) 0 78, JD 7,98 98, 09/0/0 06/0/0 68A-AW- ONTARIO, PROVINCE OF SD FE,, ,96,07,8,760,89,060 0 (,7) 0,.0.88 JD,7 8,9 0/9/0 06/0/0 68A-AX- ONTARIO, PROVINCE OF SD FE 67, ,9,9,0 0,97 0, MS,076 9,96 09/6/0 09/08/07 68A-BR- ONTARIO, PROVINCE OF SD FE,78, ,0,86,979,00,96,8 0 8, , MS 9,7 6,79 09//0 09/08/08 OTTAWA CARLETON, REGIONAL MUNICIPALITY O SD FE,9, ,60 7, ,9 0 (,87) 0, MS,96 6,98 09//0 09/0/ F-SD-6 76Q-BR- PETROLEOS MEXICANOS C FE 78, , 67,000 77,0 0 (,0) JJ 8,886,0 0/7/0 0//0 766L-BK-6 PETROLEOS MEXICANOS C FE,,9 0.0,76,70,00,000,9,96 0 (,988) FA,09,6 0/9/06 08/0/06 78Z-EG- QUEBEC, PROVINCE OF SD FE,667,68.900,06,76,7,796,98,80 0 (,876) 0 90, JD 0,76, 09/0/0 /0/00 78Z-EL- QUEBEC, PROVINCE OF SD FE,799, 08.00,,06,,96,86,9 0 (,87) 0, JD,96 0,98 /6/0 /0/0 808-JY- SASKATCHEWAN, PROVINCE OF SD FE 767, ,00 7,800 77, 0 (,78) 0, MS,8,70 /0/0 0/0/09 SAUDI ARABIA, KINGDOM OF (GOVERNMENT) C FE,, ,8,,0,000,, AO 0,9 0 0/9/06 0/6/0 80T-AA CY-6 TORONTO, CITY OF SD FE,76, ,7,,6,99,6,80 0 (,79) 0 6, JJ 6,0 6,77 0/0/0 07/8/ DA-7 TORONTO, CITY OF SD FE,, ,06 7,800 77,9 0 (8,9) 0, JD 0 7,89 08/0/0 06/7/ DA-7 TORONTO, CITY OF SD FE,0, 0.00,9,790,079,960,,7 0 (,8) 0 (0,0) JD 7 6,7 06/9/06 06/7/ DJ-8 TORONTO, CITY OF SD FE 80, ,078 7, ,966 0 (,86) 0 (8,).00.7 MN,8,67 0/6/06 0// DK- TORONTO, CITY OF SD FE,7, ,9,8,66,60,9,980 0,96 0 7, FA,78 0,767 //0 0/06/0 9086Q-BC- MEXICO (UNITED MEXICAN STATES) (GOVERNME C FE,9, ,07,0,00,000,9, AO,8 6,000 09//0 0/0/0 MEXICO (UNITED MEXICAN STATES) (GOVERNME C FE,, ,,879,,000,0,698 0 (900) JJ,08,80 0//06 0/0/0 9087B-AA RA- VANCOUVER, CITY OF SD FE,6,9 0.70,8,7,6,,96,80 0 (,679) 0 68, JD 8,68 0,8 //0 /0/ RC-8 VANCOUVER, CITY OF SD FE,, ,6,,0,00,9,68 0 (,0) 0 (0,69) JD,9,76 06/9/06 /0/ RD-6 VANCOUVER, CITY OF SD FE,, ,87 89,80 868,89 0 (,89) 0 6, JD, 7,6 //0 06/0/00 WATERLOO, REGIONAL 980C-UH-9 MUNICIPALITY OF SD FE,8, 99.90,0,9,0,00,0,60 0 (7) 0 (,89).0. MS,0 0 0/07/06 09/6/ C-QQ- REGIONAL MUNICIPALITY OF YORK SD FE,80, ,9,69,0,00,8,897 0 (0,) 0 (0,90).00.7 JD 9,7 09/6/06 06/0/ C-QX-7 REGIONAL MUNICIPALITY OF YORK SD FE 9, , 7,00 78,6 0 (7) 0 (,) JD 9,899 0/6/06 //0 INDONESIA, REPUBLIC OF (GOVERNMENT) C FE,70, ,7,7,0,000,7,7 (79,7) (7,0) JJ,,906 0/8/06 0//0 Y07-BJ Bonds - All Other Governments - Issuer Obligations 6,7,8 XXX 00,08,0 9,6,6 99,8,7 (79,7) (9,9) 0,6,66 XXX XXX XXX 67,,9, XXX XXX Bonds - All Other Governments - Subtotals - All Other Governments 6,7,8 XXX 00,08,0 9,6,6 99,8,7 (79,7) (9,9) 0,6,66 XXX XXX XXX 67,,9, XXX XXX Bonds - U.S. States, Territories and Possessions ( Guaranteed) - Issuer Obligations CALIFORNIA ST ECONOMIC RECOVERY FE 7,8, ,88,667 6,00,000 7,7,0 0 (0,97) FA 7,08 7,80 09/8/0 08/0/08 06C-UV-0 077J-BQ- CONNECTICUT ST FE,89, ,,880,000,000,089,886 0 (9,09) MN 6,89 0,000 0/9/0 0//0 077J-D- CONNECTICUT ST FE,9,06.70,99,6,680,000,89,0 0 (8,088) JD 0,00,000 0/08/06 06//07 077J-N7- CONNECTICUT ST FE,0, ,,80,000,000,99, 0 (9,006) MN,778 9,6 /8/0 //08 077J-Y6- CONNECTICUT ST FE,8, ,7,90,00,000,88, 0 (6,6) MN 9,8,8 0//06 0//07

76 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 609-H8- MINNESOTA ST FE,6, ,976,80,00,000,,7 0 (,80) FA 9,667 0,000 08/06/0 08/0/08 709P-QZ-8 PENNSYLVANIA ST FE,,80.000,,000,000,000,69, 0 (,0) MN,778 00,000 0//0 //0 709P-SL-7 PENNSYLVANIA ST FE,87,89.90,77,078,0,000,770,8 0 (6,7) JD 0,0 0,0 0/0/06 06/0/0 997D-JP- WASHINGTON ST FE,8, ,60,86,660,000,98,6 0 (0,7) JJ 9, /8/06 07/0/09 997D-KE-7 WASHINGTON ST FE,9, 7.70,878,06,00,000,87,88 0 (6,68) JJ 8,00 6,000 09/8/0 07/0/ Bonds - U.S. States, Territories and Possessions ( Guaranteed) - Issuer Obligations 7,98,69 XXX 6,8,9,,000 6,769,0 0 (7,99) 0 0 XXX XXX XXX,699,89,069 XXX XXX Bonds - U.S. States, Territories and Possessions ( Guaranteed) - Subtotals - U.S. States, Territories and Possessions ( Guaranteed) 7,98,69 XXX 6,8,9,,000 6,769,0 0 (7,99) 0 0 XXX XXX XXX,699,89,069 XXX XXX Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed) - Issuer Obligations ADAMS & ARAPAHOE CNTYS COLO 008-N- JT SCH DIST FE,7,.0000,0,0,77,000,000,87 0 (,87) JD 7,96 88,70 0/0/0 /0/0 ADAMS & WELD CNTYS COLO SCH 008-VE- DIST NO 07J FE,, ,0,0,60,000,80, 0 (7,) JD,0 7,78 0/0/06 /0/09 ALBUQUERQUE N MEX MUN SCH 09-US-0 DIST NO 0 FE,78, ,00,70,000,000,78, FA 0 0 /08/06 08/0/06 09-VK- ALDINE TEX INDPT SCH DIST FE,697, 6.860,6,989,9,000,6,079 0 (,7) FA,6 9, 06/0/06 0// DL-8 ALHAMBRA CALIF UNI SCH FE 6, ,060,00,00, ,86 0, N/A 0 0 0//009 08/0/0 089-MA- ALLENDALE MICH PUB SCH DIST FE,8, 6.0,09,6,800,000,, 0 (0,0) MN,000 67,000 0/07/06 /0/ QW- ANCHOR BAY MICH SCH DIST FE,6,6.80,6,80,090,000,6,760 0 (,9) MN 7,7 0,00 08//0 0/0/0 070-GM-8 BAY CITY MICH SCH DIST FE,,9.680,8,866,0,000,0,8 0 (8,6) MN 9,8 7,00 0/0/0 /0/ BD-9 BERKLEY MICH SCH DIST FE,8,7.090,08,068,80,000,,7 0 (7,66) MN 8,67 09,000 06/0/0 0/0/08 88-VV- CHANDLER ARIZ FE,90, ,66,,00,000,7,6 0, JJ 76,6, 0//009 07/0/08 CHEMEKETA ORE CMNTY COLLEGE DIST FE 60, ,99 60,000 60, JD,7 8,80 0/7/008 06//0 697-FR- 670-BY- CHICAGO ILL BRD ED FE,9, 0.90,,70,7,000,96,8 0 (,77) JD 9,896 8,70 0/09/0 /0/ F- CLINT TEX INDPT SCH DIST FE,, ,00,7,690,000,097,987 0 (,7) FA,9,89 0/0/06 08// SQ- COLUMBUS OHIO FE,66,6.080,000,,0,000,6,89 0 (0,76) FA 0, 0 0//06 0// A- CONROE TEX INDPT SCH DIST FE,9, ,80,9,,000,9,977 0 (9) FA,6 0 0/8/06 0//09 8-AS-0 COOK CNTY ILL FE,88,6 0.60,77,0,60,000,68,86 0 (8,9) MN 6,9,00 0/8/0 //0 DESERT SANDS CALIF UNI SCH DIST FE,9, ,6,0,,000,8,9 0 (,869) FA,7 7,8 0/8/008 08/0/0 0-NP-0 76F-NP-9 DISTRICT COLUMBIA FE 7,66, ,,68 6,0,000 7,6,99 0 (7,6) JD 6,79,000 0//06 06/0/0 76F-RJ-9 DISTRICT COLUMBIA FE,77, ,07,60,000,000,6,088 0 (,7) JD,67,9 06/08/06 06/0/ JE-7 EAST LANSING MICH SCH DIST FE,6,8.090,6,99,00,000,8, 0 (8,) MN 8,7 0,00 0/0/0 0/0/ JF- EAST LANSING MICH SCH DIST FE,97,60.00,,00,000,000,6,79 0 (7,8) MN 8, 0,000 0/0/0 0/0/ CV-7 EVERGREEN CALIF ELEM SCH FE 7, ,8,09,8,000,7, 0 66, N/A 0 0 0//009 08/0/08 6-7R-9 FORNEY TEX INDPT SCH DIST FE,79, ,0,80,80,000,, 0 (7,) FA,78 6,000 0//0 08//08 00-PE- HARRIS CNTY TEX FE,6,60.870,6,60,000,000,67,6 0 (8,607) FA 6,667 7,000 0//06 08//00 00-TB- HARRIS CNTY TEX FE 6,76,7.70 6,68,8,0,000 6,6,6 0 (8,90) AO 69, 8,0 0/0/06 0/0/0 6-GV- HARTFORD CONN FE,6,66.60,8,,,000,9,8 0 (,999) JJ, 60,00 07/09/0 07/0/07 97-L9- HAWAII CNTY HAWAII FE,9, ,66,0,000,000,,787 0 (7,86) MS 6,667 6,806 0/0/06 09/0/0 -F- HOUSTON TEX FE,,.90,8,888,89,000,,60 0 (,07) MS,8 7,7 0//06 0/0/09 -VU- HOUSTON TEX FE,,78.0,997,80,00,000,07,8 0 (78,60) MS 8, 87,00 0//06 0/0/0 68-FG- JACKSON MICH PUB SCHS FE,, ,,88,0,000,86,9 0 (0,76) MN 8, 0,000 0//0 0/0/ PD-7 KELLER TEX INDPT SCH DIST FE,7, ,8,60,000,000,9,09 0 (6,0) FA 0, 80,000 0//0 0//09 7-VQ- LAMAR TEX CONS INDPT SCH DIST FE,80, ,,00,000,000,9, 0 (0,687) FA 7,778 0,000 0/0/06 0//08 68-QU-0 LANSE CREUSE MICH PUB SCHS FE,767, ,7,0,00,000,7,799 0 (,609) MN,00 7,000 0/0/0 0/0/ XV- LAREDO TEX INDPT SCH DIST FE,97, ,9,06,60,000,96,98 0 (7,079) FA,7 8,00 0/8/0 08/0/ XW-0 LAREDO TEX INDPT SCH DIST FE,76, ,7,960,000,000,,8 0 (,0) FA 0,8 0,000 0/8/0 08/0/ TV- LUBBOCK TEX FE,98, ,,7,00,000,,67 0 (6,9) FA 6,978, 0/0/0 0// QH-9 MORELAND CALIF SCH FE 709, ,9,99,0,000,,8 0 69, N/A 0 0 0//009 08/0/ H-N-7 NEW YORK N Y FE,06, ,6,89,09,000,068,777 0, AO,69 0,770 /0/00 0/0/ H8-9 NORTHWEST TEX INDPT SCH DIST FE 6,9, ,80,9,78,000 6,767,908 0 (07,07) FA 09,7 89,0 08//0 0// GN- OAK PARK CALIF UNI SCH FE 6, ,0,0,000 77,67 0, N/A 0 0 0//009 08/0/ GP-7 OAK PARK CALIF UNI SCH FE, ,6,0,000 6,0 0, N/A 0 0 0//009 08/0/09 706F-CU- PEMBROKE PINES FLA FE,0, ,8,0,000,000,089, 0 (8,78) MS 6,667 80,000 0/08/0 09/0/09 Stated Contractual Maturity Date

77 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 706F-CV- PEMBROKE PINES FLA FE,06, ,8,0,0,000,99,0 0 (,79) MS 6,667 0,000 0/08/0 09/0/ QN-9 POWAY CALIF UNI SCH FE,0, 60.80,66, 6,07,000,6, , N/A 0 0 0/09/009 08/0/ NS-8 ROSEVILLE MICH CMNTY SCHS FE,6,780.0,,0,000,000,9,870 0 (,0) MN 8, 0,000 /0/0 0/0/0 SAN DIEGUITO CALIF UN HIGH FV- SCH DIST FE,76, ,79,,600,000,79,7 0 (,) FA 6,667 80,6 0/6/0 08/0/09 SAN RAMON VALLEY CALIF UNI W9-6 SCH DIST FE,6, 07.90,98,68,,000,0,8 0 (9,69) FA 8,8,600 0/0/0 08/0/09 SAN RAMON VALLEY CALIF UNI X-0 SCH DIST FE,0, ,78,97,00,000,89,0 0 (8,98) FA 0,000 8,000 0/0/0 08/0/ QT-9 TROY MICH CITY SCH DIST FE,69,6 6.80,60,678,80,000,67,9 0 (,6) MN,00 69,000 0/0/06 0/0/06 9-F7- UNIVERSITY CONN FE,09,0.680,6,80,000,000,96, 0 (,) MS,7 0,000 0/07/06 0//0 VENTURA CNTY CALIF CMNTY 900-CZ-0 COLLEGE FE, ,0 900, ,06 0 9, N/A 0 0 0/9/008 08/0/0 VENTURA CNTY CALIF CMNTY COLLEGE FE,807, ,,09,00,000,97, , N/A 0 0 0/9/008 08/0/0 900-DA Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed) - Issuer Obligations,0,76 XXX 0,0,6,0,000 7,00,88 0 (89,8) 0 0 XXX XXX XXX,7,,8,6 XXX XXX Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed) - Subtotals - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed),0,76 XXX 0,0,6,0,000 7,00,88 0 (89,8) 0 0 XXX XXX XXX,7,,8,6 XXX XXX Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Issuer Obligations ALABAMA ST PUB SCH & COLLEGE AUTH FE 6,97, ,8,878,78,000 6,79,970 0 (9,6) JJ,6 8,0 0/0/06 0/0/ AV-7 08-TB-7 ALASKA ST INTL ARPTS REVS FE,6,97.780,68,8,00,000,0,06 0 (6,96) AO,87,8 06/07/06 0/0/00 076U-LY-8 AMERICAN MUN PWR OHIO INC REV FE,66,.800,6,68,0,000,68,0 0 (7,) FA, /0/06 0// EG- AUSTIN TEX ARPT SYS REV FE,,60.00,66,6,0,000,9, 0 (,7) MN,9 0,0 09//0 //07 AUSTIN TEX CMNTY COLLEGE DIST 00-CS- PUB FAC CO FE,70,90.860,8,60,000,000,7,0 0 (,78) FA 0,8 0,000 0/0/0 08/0/07 0-PJ- AUSTIN TEX ELEC UTIL SYS REV FE,96, ,87,68,00,000,7,099 0 (,98) MN 7,08,000 0/0/06 //07 BROWARD CNTY FLA WTR & SWR 7-KV- UTIL REV FE,86, ,80,00,000,000,7,69 0 (88,) AO 6,00 0,000 09/0/0 0/0/0 87-AW-0 CARMEL IND LOC PUB IMPT BD BK FE,9, ,768,7,,000,96, 0 (6,9) JJ 76,08 0 0/0/06 07//07 CHICAGO ILL TRAN AUTH SALES & 677-AC- TRANSFER T FE,8, ,,06,70,000,86,8 0 (,0) JD,80 89,7 /0/00 /0/00 CHICAGO ILL TRAN AUTH SALES & 677-AF-7 TRANSFER T FE,76,68.870,8,,70,000,7, JD 0,06 0,7 /0/00 /0/00 CHICAGO ILL WASTEWATER 6777-SB- TRANSMISSION REV FE,8, ,689,0,7,000,6,60 0 (7,) JJ 9,8 87,688 0/0/0 0/0/0 CHICAGO ILL WASTEWATER 6777-TM-8 TRANSMISSION REV FE,7, ,88,,6,000,68,80 0 (8,0) JJ 6,6 7,0 0//0 0/0/0 CHICAGO ILL TRAN AUTH SALES TAX RCPTS RE FE,6,7 09.0,60,8,90,000,80,89 0 (6,6) JD 6,08 7,00 /7/0 /0/0 677P-AR YR- CHICAGO ILL WTR REV FE,0, ,,9,090,000,,8 0 (,09) MN,70,00 0//0 /0/ MB- CLARK CNTY NEV HWY IMPT REV FE,86,0 6.0,9,800,00,000,70,978 0 (9,8) JJ 6,00,000 /7/0 07/0/0 968A-S9-7 COLORADO HEALTH FACS AUTH REV FE,8,70.980,,980,000,000,08,6 0 (,77) MN 6,89 0,000 07/0/0 //09 COMMERCE CALIF CMNTY DEV 006U-AF- COMMN SUCCESSOR FE,88, ,80,96,,000,89,0 0 (9,7) FA,96 6, 0/06/06 08/0/00 CONNECTICUT ST SPL TAX OBLIG 0778-RB- REV FE,6, ,,0,000,000,0,9 0 (,0) AO 7,00 0,000 0//0 0/0/0 CONNECTICUT ST SPL TAX OBLIG 0778-SK-0 REV FE 6,6,.660 6,6,,60,000 6,6,9 0 (9,76) MS 9,000 8,000 06/0/06 09/0/0 CONNECTICUT ST SPL TAX OBLIG 0778-UC- REV FE,9,00.90,86,7,00,000,887,979 0 (9,9) FA,08 99,06 0/0/0 08/0/00 DALLAS FORT WORTH TEX INTL 06-Q-7 ARPT REV FE,87,800.80,6,60,000,000,80,899 0 (6,90) MN 6,667 0 //06 /0/0 Stated Contractual Maturity Date

78 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date DALLAS TEX AREA RAPID TRAN -RM-0 SALES TAX REV FE,09, ,9,90,00,000,0,7 0 (7,70) JD 0,7 98,6 0/0/06 /0/00 ENERGY NORTHWEST WASH ELEC 970C-F9- REV FE,, ,,880,000,000,0,7 0 (,09) JJ 0,000 0 //06 07/0/06 ENERGY NORTHWEST WASH ELEC REV FE,79, ,767,0,00,000,7,99 0 (6,066) JJ 7,00 7,000 0//0 07/0/08 970C-G-8 K-L- FEDERAL FARM CREDIT BANKS O 0, ,70 00,000 0,89 0 (6) JD 9,00 /0/0 //0 K-N7- FEDERAL FARM CREDIT BANKS O, ,7 8,000,00 0 (,9) MN,, /0/0 /0/00 8-GT- FEDERAL HOME LOAN BANKS O 79, ,8 80,000 79, MS 70,00 08//0 0/0/08 FEDERAL FARM CREDIT BANKS EA-B- FUNDING CORP O 98, ,960 00,000 98, AO 6,70 /09/0 0/0/06 FEDERAL FARM CREDIT BANKS EC-F-7 FUNDING CORP O 8, , 9,000 8, MN 8 8, 09//0 /6/00 FEDERAL FARM CREDIT BANKS EC-7D-0 FUNDING CORP O, ,96 9,000 8,79 0, JD 66 9,9 09/9/0 //0 FEDERAL FARM CREDIT BANKS EE-PP-9 FUNDING CORP O,, ,76,9,7,000,,8 0 (88) FA,0 0,86 0/9/06 0/0/0 7EA-CA- FREDDIE MAC FE 7, ,9,000,9 0 (0) MS,60 0/7/0 0/7/09 7EA-CA- FREDDIE MAC O FE,77, ,70,7,6,000,8,77 0 (,07) MS,700 67,6 0/7/0 0/7/ CR-8 FLORIDA PORTS FING COMMN REV FE,00, ,0,90,000,000,00, 0 (,06) JD,67 0,000 0//0 06/0/0 9-AA-6 FONDO MIVIVIENDA SA C FE 8, ,8 8,000 8, JJ,8 9,97 0//0 0//0 GREAT LAKES WTR AUTH MICH SEW 908H-AE- DISP SYS R FE,7, ,,800,000,000,,860 0 (,800) JJ 7, //06 07/0/00 00-VK- HARRIS CNTY TEX FE,8, ,6,80,000,000,6,07 0 (6,98) FA 8,889,000 0/0/0 08//00 00-WG-9 HARRIS CNTY TEX FE,79,0 9.70,97,0,000,000,67,96 0 (,8) FA,7 0 06/0/06 08//07 HARRIS CNTY TEX CULTURAL ED 009-FX- FACS FIN COR FE,70, ,,86,70,000,70, MON,88 9,699 0//0 06/0/0 HARRIS CNTY TEX CULTURAL ED FACS FIN COR FE,,.8700,9,88,,000,6,8 0 (,970) JD,688 6,0 0/8/06 /0/ JB-7 -N-0 HOUSTON TEX UTIL SYS REV FE,8,0 7.60,09,60,00,000,06,70 0 (60,80) MN,6 7,000 0//06 0//0 C-GN- HOUSTON TEX UTIL SYS REV FE,998, 8.980,8,096,90,000,99, 0 (8,68) MN,69 78,6 06/7/06 //00 0H-DM- ILLINOIS FIN AUTH REV FE,9,7.980,006,96,800,000,87,80 0 (,96) JD 7,00 90,000 0/8/0 /0/0 ILLINOIS ST TOLL HWY AUTH -HW- TOLL HIGHWAY R FE,76,0.6970,,8,60,000,9,00 0 (,06) JJ,00 6,000 09/8/0 0/0/08 ILLINOIS ST TOLL HWY AUTH -JM- TOLL HIGHWAY R FE,76,9.690,690,,00,000,698,670 0 (,) JJ 7,00 7,000 09/9/0 0/0/00 ILLINOIS ST TOLL HWY AUTH -KH- TOLL HIGHWAY R FE,8,8.060,0, 96,000,76,77 0 (6,8) JJ, 0 09//06 0/0/09 7A-LN-0 INDIANA FIN AUTH HOSP REV FE,97,80.800,8,00,000,000,,007 0 (8,98) FA 8,889 0,000 0/09/0 08//0 07-SV- INDIANA ST FIN AUTH REV FE,786, 8.970,770,99,700,000,778,07 0 (,8) FA 0,688,0 0/0/0 0/0/09 INDIANA ST FIN AUTH 0M-AK- WASTEWATER UTIL REV FE,6,99.780,60,6,66,000,0,90 0 (6,) AO 8,,0 09//0 0/0/0 JACKSONVILLE FLA TRANSN AUTH 699-AP- LOC OPT GAS FE,,900.90,0,80,000,000,70,7 0 (8,0) FA,667 00,000 0//0 08/0/00 LOS ANGELES CALIF WASTEWATER 9C-CF- SYS REV FE,86, ,8,07,0,000,78, 0 (6,7) JD 6,7 76,00 0//0 06/0/07 -UB-0 LONG BEACH CALIF HBR REV FE,878,7.7070,89,67,00,000,8,8 0 (,) MN,97,000 07/6/0 0//07 LOS ANGELES CALIF HBR DEPT -VY- REV FE,7,0.7870,7,870,000,000,9,86 0 (6,0) FA 0,8 0,000 /0/0 08/0/07 MAINE EDL LN AUTH STUDENT LN 600P-AS-7 REV FE 76, ,7 70,000 70,96 0 (976) JD,80 8,6 0//00 /0/07 MARYLAND ST DEPT TRANSN CONS 70-E9-0 TRANSN FE,96,800.0,666,700,000,000,9,6 0 (,7) MS 8, 0 0/6/06 09/0/07 MARYLAND ST TRANSN AUTH 700-HY-8 TRANSN FACS PROJ FE,68, ,6,0,0,000,6,9 0 (769) JJ,677 6, /09/00 07/0/ WW- MASSACHUSETTS BAY TRANSN AUTH MASS SALE FE,000, ,6,0,000,000,000, JJ 8,690 7,80 /0/00 07/0/00

79 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date METROPOLITAN TRANSN AUTH N Y 99Y-NR-6 REV FE,7,6.0,7,80,00,000,66,80 0 (,) MN 9,8 7,000 0/8/0 //0 METROPOLITAN TRANSN AUTH N Y 96A-DU-8 REV 6, , 660,000 60,8 0, MN,8,900 0/0/008 //08 METROPOLITAN TRANSN AUTH N Y 96A-KA- REV Z, ,,000, MN 7,788 0/0/008 //08 METROPOLITAN TRANSN AUTH N Y 96A-KC-0 REV FE 6, ,86 70,000 66, MN,, 0/0/008 //08 METROPOLITAN WASH D C ARPTS 966-T-8 AUTH ARPT SY FE,, ,9,80,000,000,6,6 0 (,097) AO,000 00,000 //0 0/0/08 METROPOLITAN WASH D C ARPTS 966-6R-9 AUTH ARPT SY FE 7,8,0.00 6,8,00 6,000,000 7,0,7 0 (77,97) AO 7,000 0,000 06/6/06 0/0/07 MIDLAND CNTY TEX FRESH WTR 979-AR- SUPPLY DIST N FE,7,0.990,99,70,000,000,7,78 0 (6,) MS 7,6 0,000 07//0 09//0 MISSOURI ST HEALTH & EDL FACS 6067A-FT- AUTH HEALT FE,9,88.00,07,90,70,000,0,8 0 (78,60) JD 8,08 8,00 0/6/0 06/0/06 NEW BRUNSWICK N J PKG AUTH 68-NW-8 REV FE,0, ,896,00,00,000,06,6 0 (9,) MS,667,7 0//06 09/0/00 NEW JERSEY ECONOMIC DEV AUTH 677B-CR- REV FE,, ,7,0,000,000,,07 0 (7,0) JD, 0,000 0/0/06 06//06 NEW JERSEY ST TRANSN TR FD 66-R-0 AUTH FE,68, ,99,06,69,000,0,698 0 (7,80) JD 6,88,08 08/9/06 //0 NEW JERSEY ST TRANSN TR FD 666-TH- FE,68, ,8,97 9,,000,86,08 0 9, 0 0. N/A 0 0 0/0/009 //06 NEW JERSEY ST TRANSN TR FD 666-W8-0 AUTH FE,067, ,0,00,000,000,060,8 0 (,88) JD,,806 /8/0 06//0 NEW JERSEY ST TPK AUTH TPK 669-A- REV FE,0,06.90,97,8,0,000,89, 0 (8,68) JJ 87,6 7,0 /9/0 0/0/ QE-7 NEW YORK ST DORM AUTH REVS FE,8,79.80,687,90,,000,6,76 0 (,) JJ 8,87 7,70 //0 07/0/0 NEW YORK ST DORM AUTH SALES 6990A-DX-0 TAX REV ST S FE,967, ,70,0,000,000,878,908 0 (88,) MS 8,889 79, 0/06/06 0//09 NEW YORK ST DORM AUTH SALES 6990A-EA-9 TAX REV ST S FE 6,9, ,80,0,000,000 6,,9 0 (,0) MS 7,6,000 08/0/06 0//0 NEW YORK ST DORM AUTH ST PERS 6990E-UY- INCOME TAX FE,9, ,9,0,000,000,90,8 0 (,8) FA 6,667 0,000 /7/0 0// G- NEW YORK ST TWY AUTH GEN REV FE,0,.780,90,,00,000,90,906 0 (,88) JJ 8,000 70,000 /6/0 0/0/00 NORTH CENT TEX HEALTH FAC DEV 68R-AY-6 CORP HOSP FE,77,86.880,7,86,00,000,07,89 0 (7,8) FA,667 60,000 0/8/0 08// H-JM- OHIO ST TPK COMMN TPK REV FE,,800.00,,00,000,000,076,0 0 (0,96) FA 8,889 0,000 07//0 0//0 ORANGE CNTY FLA TOURIST DEV 68-YC- TAX REV FE,996, 7.00,9,00,00,000,9,900 0 (9,99) AO,0,000 09//0 0/0/0 OREGON HEALTH SCIENCES UNIV EL-9 REV FE,96,0.090,,090,000,000,8,8 0 (,) JJ,000 7,00 0/8/06 07/0/ J-VG- OREGON ST FACS AUTH REV FE,70,00.00,68,00,000,000,6,0 0 (,870) JD,67 0 0//06 06/0/00 ORLANDO & ORANGE CNTY EXPWY 686-UM-9 AUTH FLA EXP FE,7, ,,76,80,000,08,0 0 (,) JJ,70 9,00 0/8/0 07/0/0 ORLANDO & ORANGE CNTY EXPWY 686-UT- AUTH FLA EXP FE,9, ,7,000,000,000,6, 0 (9,76) JJ 7,000 0,000 0//0 07/0/0 PENNSYLVANIA ST TPK COMMN OIL 709-TS- FRANCHISE FE,07,80.800,,600,000,000,9,609 0 (8,60) JD 8, 00,000 09/8/0 /0/0 PENNSYLVANIA ST TPK COMMN REGISTRATION F FE,076, 7.970,99,,00,000,897,07 0 (6,) JJ 60,,0 /9/0 07//0 709-CS XT-7 PENNSYLVANIA ST UNIV FE,8, ,99,0,000,000,,67 0 (6,07) MS, 0,8 06/08/06 09/0/08 78W-DX-9 PORT AUTH N Y & N J FE,08,9.780,0,80,80,000,96,66 0 (,90) MS 6,9 9,000 /8/0 09//0 78W-EA-8 PORT AUTH N Y & N J FE,968, ,98,,6,000,778,79 0 (7,080) MS,8 78,0 09//0 09//0 78W-EY-6 PORT AUTH N Y & N J FE,,60.00,60,00,000,000,9, 0 (6,0) AO,778 0,000 0/6/0 0//0 78W-LX-0 PORT AUTH N Y & N J FE,99,78.90,90,00,0,000,679,779 0 (77,) JJ 0,00 60,0 06/7/0 07//0

80 E0.6 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 78W-UW- PORT AUTH N Y & N J FE,, ,0,80,000,000,,888 0 (,80) AO 0,6 0,000 0/08/0 0//00 70-F- PORT PORTLAND ORE ARPT REV FE,8,090.70,7,0,000,000,,90 0 (,6) JJ,000 0,000 09/0/0 07/0/ QN- PORT SEATTLE WASH REV FE,89,9.990,90,,7,000,88,6 0 (,09) MS 9,08 87,0 //0 09/0/0 789-QP-6 PORT SEATTLE WASH REV FE,, ,9,90,000,000,0, 0 (7,7) MS, 00,000 0/09/0 09/0/ SJ-8 PORT SEATTLE WASH REV FE,068,9.800,8,6,,000,8,80 0 (6,08) FA 7, 7,0 0//0 08/0/0 RALEIGH N C COMB ENTERPRISE 700-JP- SYS REV FE,6,96.070,98,69,00,000,0,7 0 (,866) MS 86,667 60,000 08/08/0 0/0/00 RANCHO CUCAMONGA CALIF REDEV 7C-AM- AGY SUCCESS FE,60, ,76,6,,000,0,6 0 (,78) MS,8 66,7 07/9/06 09/0/0 REGIONAL TRANSN DIST COLO 796-RX- SALES TAX REV FE,77, ,9,8,00,000,69,7 0 (,9) MN,8,000 08/07/0 /0/ NF- REGIONAL TRANSN AUTH ILL FE,6,00.90,6,800,000,000,,88 0 (,0) JD 9,67 0,000 0/06/009 06/0/0 SACRAMENTO CALIF MUN UTIL CB- DIST FING AUTH FE,0, ,7,,,000,67, 0 (,0) JJ 8,87 6, 0//0 07/0/07 SAN DIEGO CNTY CALIF WTR AUTH 797-CL- WTR REV FE,7,0 8.70,77,96,0,000,6,08 0 (0,6) MN 0,7 69,7 09/0/0 0/0/09 SCAGO EDL FACS CORP FOR 808T-CD- PICKENS SCH DIST FE,869,76.770,8,9,600,000,88,66 0 (,98) JD 6,667 80,000 0/6/0 /0/07 SCAGO EDL FACS CORP FOR 808T-CE-9 PICKENS SCH DIST FE,60,770.00,,00,000,000,6,6 0 (,979) JD,67 0,000 0/6/0 /0/08 SEMINOLE CNTY FLA WTR & SWR 8670-JE-8 REV FE,096, ,07,60,000,000,08,80 0 (8,00) AO 0,000 80,000 0/0/0 0/0/00 SOUTH CAROLINA JOBS-ECONOMIC 870-UD- DEV AUTH EC FE 806, 6.0 8, ,000 79,767 0 (9,9) AO 8,70 9,667 07/09/0 0/0/08 SOUTH CAROLINA ST PUB SVC 87-KJ-7 AUTH REV FE,0,0.0780,9,68,00,000,,6 0 (7,68) JD 8,70 90,000 0//06 /0/00 SOUTH CENT CONN REGL WTR AUTH 877-W- WTR SYS RE FE,67, ,76,0,000,000,,00 0 (,0) FA, /6/06 08/0/09 STATE PUB SCH BLDG AUTH PA LEASE REV FE,, ,,968,0,000,, 0 (9,66) JD, 66,00 0/6/0 06/0/0 87G-TK EB- TENNESSEE VALLEY AUTHORITY O 76, ,88 7,000 76,8 0 (7) JJ 6,,8 09//0 0// EP- TENNESSEE VALLEY AUTHORITY O 99, ,70 90,000 99,67 0 (8) JD,7,0 0/6/06 //0 98-AQ- UNIVERSITY COLO HOSP AUTH REV FE,,0.9970,9,970,000,000,078, 0 (,8) MN 6,89 0,000 0//0 //0 9-XP- UNIVERSITY CONN FE,90, ,60,70,000,000,,07 0 (9,8) FA 8,889 0,000 0//0 08//06 9-ZH-7 UNIVERSITY CONN FE,8,0.7000,7,000,000,000,,9 0 (,9) FA 8,889 0,000 0/08/0 0//0 9-WM- UNIVERSITY ILL UNIV REVS FE,06, ,98,0,77,000,88,6 0 (,90) AO,88 88,70 //0 0/0/0 9-ZF-7 UNIVERSITY ILL UNIV REVS FE,9,70.70,9,60,000,000,8,70 0 (,89) AO,000 00,000 /0/0 0/0/06 9-ZH- UNIVERSITY ILL UNIV REVS FE,89,7 0.80,76,6,00,000,79,968 0 (,66) AO,0,000 06/0/0 0/0/08 UNIVERSITY KANS HOSP AUTH 967-CY- HEALTH FACS RE FE 9, , 770,000 89,70 0 (,) MS,8 8,00 09/8/0 09/0/07 99-K8-9 UNIVERSITY LOUISVILLE KY REVS FE,60, ,8,8,0,000,600,7 0 (0,) MS,000 6,767 0/9/06 09/0/07 VIRGINIA COLLEGE BLDG AUTH VA 9778-VW- EDL FACS R FE,88, ,6,00,000,000,886,8 0, MS 7, 0,000 /0/00 09/0/00 VIRGINIA ST PUB BLDG AUTH PUB 987-WG-6 FACS REV FE 89, 0.870,08, 89,000 89, FA,00,80 /08/00 08/0/00 WESTMORELAND CNTY PA MUN AUTH 9607-QP-8 MUN SVC RE FE,7,90.890,,890,000,000,8,80 0 (8,686) FA 8, //06 08//08 WISCONSIN ST HEALTH & EDL 9770B-UX-8 FACS AUTH REV FE,, ,,806,00,000,8,80 0 (,0) JD 9,66 0,000 0//00 06/0/0 WISCONSIN ST HEALTH & EDL FACS AUTH REV FE,,60.660,6,60,000,000,0,7 0 (,09) MN 6,89, 0/7/06 //00 977D-QK Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Issuer Obligations 00,97,9 XXX 0,9,7 69,07,000 9,066,89 0 (,8,90) 0 0 XXX XXX XXX,780,6,8,66 XXX XXX Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Residential Mortgage-Backed Securities 8H-M- FH G078 - RMBS 06,66.90,8 9,7 97,8 0 (88) MON,88,8 06/08/007 07/0/0 8GU-ZF- FH E907 - RMBS,80 0.0,8,700,689 0 () MON //00 07/0/07 Stated Contractual Maturity Date

81 E0.7 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 8K6-H-0 FH A6 - RMBS 0, ,0 0,66 0,7 0 (0) MON 6,68 0/7/006 07/0/0 8K6-NF- FH A790 - RMBS 68, ,606 6,989 67,06 0 (7) MON 00,8 06//00 0/0/0 8KS-M- FH A679 - RMBS 0, ,76 89,790 98, MON,99,69 0//008 06/0/07 8KT-Y- FH A69 - RMBS 6, ,899 0,0, MON, 8,6 0/0/008 07/0/07 8LC-BF- FH A788 - RMBS, , 0,0,986 0 (80) MON,67 7,99 06//008 06/0/08 8LX-FD-7 FH G096 - RMBS 0, ,78,880,07 0 (00) MON 7,80 0/0/006 /0/0 8LX-M8-0 FH G08 - RMBS, ,09 9,6 9,90 0 (78) MON 76 9,78 0/0/006 0/0/00 8M-N-6 FH G0 - RMBS 76, , 77, 7,606 0 (77) MON,7,6 09/0/008 0/0/08 8M7-S-9 FH G069 - RMBS 8, ,9 7, 77,780 0 (97) MON 77,8 09/8/009 08/0/0 8M7-S-6 FH G060 - RMBS 96, ,967 8,8 9,68 0 (87) MON 9 7,06 09/8/009 08/0/0 8MA-BR-9 FH G RMBS,0, 0.0,97,,0,78,8,0 0 (9) MON 7,06 8,66 0/0/0 0/0/0 8MJ-DT- FH G08 - RMBS 0, ,0,6 7, MON,86,6 0//006 0/0/06 8MT-VH-8 FH H06 - RMBS 6, ,0 6,87 6, MON 9,7 08/0/006 06/0/06 9-NN-8 FH A RMBS 9, ,98 897,899 96,06 0, MON,7 6,0 07/9/009 08/0/09 96-LX- FH B0 - RMBS 7, ,98,,7 0 (98) MON 96, //00 0/0/09 96Q-TH- FH A9 - RMBS 86, ,070 76,8 8,90 0 () MON 98, 0/0/00 /0/0 96U-YG-0 FH A97 - RMBS 8, ,7 7,0 80,8 0, MON,67 7, 0/0/00 0/0/0 97C-JC- FH A79 - RMBS 97,.0 06,96 9, 97, MON 7,669 0/0/00 07/0/0 97Q-UQ-0 FH A09 - RMBS 78, ,9 77,86 79, MON 7,98 06/0/00 0/0/0 97R-JE-8 FH A66 - RMBS, ,6,00,68 0 (0) MON 8 6,76 06/0/00 07/0/0 07G-N-7 FH J800 - RMBS 7,6, ,7,0 7,,608 7,09,00 0 (,76) MON 8,06 9,76 0/09/0 0/0/09 GL-B-7 FH Q088 - RMBS 9, ,88 898,96 98,88 0, MON,996 6,860 /8/0 /0/0 JB-LD- FH Q98 - RMBS,9, ,6,,,809,9,66 0 (,770) MON,76 0, 0/8/0 06/0/0 QL-C- FH Q08 - RMBS,6, ,8,88,70,0,,79 0 (,8) MON 9,89 9,09 0/7/0 0/0/0 WD-MZ- FH Q07 - RMBS,0, 0.00,0,7,,870,9,97 0 (07) MON 0,08 0 /0/06 0/0/06 7K-T6-8 FN 7 - RMBS 7, ,6 6,89 6,89 0 () MON 0 09/09/00 0/0/07 7M-AS-6 FN 77 - RMBS 7, ,98 76,88 7,08 0 (8) MON, /0/00 0/0/00 7G-AA- FH SC0 A - CMO/RMBS,9, ,89,879,90,67,99,896 0, MON, 69, 07//0 0//0 7G-AC- FH SC0 A - CMO/RMBS 689, ,08 666,7 699,8 0 7, MON, 7,970 07//0 0//0 7G-AK- FH SC0 A - CMO/RMBS,0, ,07,6,0,86,0,088 0 (,86) MON,0 6,6 /9/0 09//0 7G-AL- FH SC0 A - CMO/RMBS,0, ,00,7,997,60,0,90 0, MON,86 7, /9/0 09//0 7G-AV-9 FH 6SC0 A - CMO/RMBS 89, , 806,66 89, MON,07 0,07 07/0/06 07//06 7G-AW-7 FH 6SC0 A - CMO/RMBS,7, ,7,09,0,9,0,6 0, MON,6 8,6 07/0/06 07//06 7G-BC-0 FH 6SC0 A - CMO/RMBS,7, ,6,9,8,8,8,898 0, MON,90,00 //06 0//06 7G-BD-8 FH 6SC0 A - CMO/RMBS,9, ,908,89,878,760,9,09 0 9, MON 8,07 0 //06 0//06 89F-JT-0 FN RMBS 9, ,6,008 9,80 0 (8) MON,09 0/0/00 0/0/0 8A8-YQ- FN AH708 - RMBS,68, ,70,66,68,098,67,87 0, MON 0,8,07 08/9/0 0/0/0 8AU-DE- FN AJ800 - RMBS 89, ,60 80,8 8, 0, MON,686,6 /8/0 /0/0 8AX-VR-9 FN AJ60 - RMBS 89, ,796 79,699 86,80 0, MON,66, /0/0 /0/0 8EM-U- FN AL8 - RMBS,9, ,96,,769,69,9,886 0, MON 6,6 80,98 07/09/0 0/0/0 8EM-W- FN AL6 - RMBS,9, 09.90,97,796,,6,70,089 0 (,) MON,9 66,00 07/09/0 0/0/0 8EQ-A-7 FN AL806 - RMBS,6, ,7,090,7,086,6,00 0 (7) MON 9,866 00,66 0//06 08/0/0 8ER-G8-7 FN AL9 - RMBS,09,8 0.60,0,99,86,09,09,866 0 (,9) MON 9,7 9,80 0//06 08/0/06 8ET-N- FN AL89 - RMBS,60, ,86,9,00,99,60,79 0 (60) MON 9,90 0,0 /0/06 08/0/06 8LT-JU- FN AO97 - RMBS,, ,978,79,80,89,,88 0, MON,09 70,866 0/0/0 0/0/0 8WA-YX-9 FN AS6 - RMBS,78,6 0.90,09,7,9,0,68, 0, MON 6,76 8,688 0/0/0 0/0/0 8WD-DQ- FN AS70 - RMBS,76, ,78,97,6,98,76,69 0 (76) MON,80 66,66 09//0 /0/0 8WG-RK- FN AS RMBS,, ,0,78,8,79,,9 0 (77) MON 9,7 9, /0/06 0/0/06 8XC-QW- FN AV68 - RMBS,68,8 0.70,7,9,,8,9,78 0 (6) MON 9,66,6 0/0/0 /0/08 8XH-AE- FN AV0 - RMBS,70, ,777,69,,,7,98 0 8, MON 9,70 7,097 0/8/0 /0/0 8XH-EX- FN AV9 - RMBS,7, ,6,,,9,0,7 0 (,89) MON 7, 87,0 0/0/0 0/0/09 8XR-G- FN AW09 - RMBS,89, ,967,86,6,8,8,9 0 (0,) MON 7, 06,98 0/9/0 0/0/0 8YG-Y-0 FN AY9 - RMBS,68, ,6,880,7,69,69,7 0 7, MON,9 6,9 09//0 0/0/0 8YL-KP- FN AY660 - RMBS,989,9 0.0,90,98,8,,970,79 0 (6,8) MON,6,7 0/8/0 0/0/0 90S-JT-9 FN RMBS 96, ,60 9,07 9,887 0 (0) MON 0 6,0 07/8/00 09/0/0 9E-W-0 FNR 070B KB - CMO/RMBS 76, ,70 70,9 7,6 0 (67) MON,, //008 0//0 0C-YK- FN 7 - RMBS 7, ,99 9,70,898 0 () MON 06, 06/0/00 0/0/0 Stated Contractual Maturity Date

82 E0.8 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 0N-KJ-6 FN RMBS 6, ,977 7,96,9 0 (77) MON, 6,7 07/0/00 /0/0 0R-T- FN RMBS 7,.0 8,69 7,069 7, 0 (7) MON 60,77 0/6/00 0/0/0 0X-Y-8 FN RMBS 7, ,8,790,8 0 (9) MON 668 8, 0/0/00 08/0/09 0M-MV-7 FN RMBS 77,7.00 9,89 66, 7, MON,6,709 0/9/00 0/0/0 0M-QS-0 FN RMBS 7, ,97 67,99 68, MON 767 9,7 0//00 0/0/0 0U-NG-0 FN RMBS 0, ,96,688,66 0 (8) MON,88 8,78 0/9/00 /0/0 06N-K8-6 FN RMBS 60, ,67 8,87 60, MON,667,9 0//009 0/0/0 07J-Q- FN RMBS 08, ,67 09,808 07,90 0 () MON,0 7,8 0//00 0/0/0 0C-JK-9 FN RMBS 9, ,709 6,89 6, 0 (60) MON,8 9,8 0//006 0/0/0 0G-TY-9 FN RMBS, ,066,997 9, MON,60 9,7 0//008 /0/07 0L-SG-8 FN RMBS,6, ,8,79,88,0,66,8 0, MON,97 0 /07/06 08/0/0 Q-XB-0 FN 97 - RMBS,97, ,996,8,8,6,9,7 0 7, MON 6,96 8, 07//0 /0/09 6B-N- FN 99 - RMBS 96, ,87 76,6 0, 0, MON,8 6,787 0//009 07/0/06 6B-ZK-7 FN RMBS 6, ,90 0,9 9, MON 60 7,6 08/8/009 0/0/08 7A-RY-7 FN AB0 - RMBS,88, ,7,0,06,89,06,0 0, MON 6, 7,0 0/0/0 /0/0 7E-DM-0 FN AB707 - RMBS,9, ,88,90 0,609,68,07,08 0 (7,6) MON 0,9 7,6 0/7/0 /0/0 8A-JJ-8 FN MA6 - RMBS 6,7, ,087,9,97,79 6,6,06 0, MON 7,8,878 08/6/0 09/0/0 8A-JY- FN MA78 - RMBS 8,8, ,09,90 7,669,806 8,8,8 0 86, MON,66 0, 0//0 09/0/0 8M-JP-8 FN AD069 - RMBS 6, ,87 0,6 7,967 0 (7) MON,6 6,0 09/7/009 08/0/07 8M-JQ-6 FN AD070 - RMBS 7, ,6, 66,77 0 (88) MON,0,6 09/7/009 0/0/0 8M-JT-0 FN AD07 - RMBS 6, ,68 9,7, 0 (,69) MON 987,00 09/8/009 0/0/0 8Q-M- FN AD0 - RMBS,677, ,806,6,666,,67, MON 6,9 76,0 0//00 0/0/00 9L-ZX- FN AE977 - RMBS,77, ,8,80,,976,6,8 0 (,907) MON 0,70,06 //00 /0/ Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Residential Mortgage-Backed Securities 9,6,9 XXX 8,8,6,89,9 8,70,6 0 0, XXX XXX XXX 99,980,08,8 XXX XXX Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Commercial Mortgage-Backed Securities 7AY-CE-9 FHMS K0 A - CMBS,76, ,76,9,60,000,76,097 0 (,8) MON,68, 0/0/0 0//0 7B-NA- FHMS K00 A - CMBS,9, ,60,6,0,000,97,909 0, MON,77 9, 07//0 0// Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Commercial Mortgage-Backed Securities 6,96,66 XXX 6,977,60 6,860,000 6,9,006 0 (,0) 0 0 XXX XXX XXX,90 90,88 XXX XXX Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Other Loan-Backed and Structured Securities LEE CNTY FLA SCH BRD CTFS PARTN FE,6, ,7,70,000,000,,078 0 (,) FA 0,8 0,000 08//0 08/0/07 9-NL Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Other Loan-Backed and Structured Securities,6,070 XXX,7,70,000,000,,078 0 (,) 0 0 XXX XXX XXX 0,8 0,000 XXX XXX Bonds - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions - Subtotals - U.S. Special Revenue and Special Assessment Obligations and all Non-Guaranteed Obligations of Agencies of Governments and Their Political Subdivisions 8,,9 XXX 9,80,9 99,78,9,86,67 0 (,689,76) 0 0 XXX XXX XXX,7,8,98,8 XXX XXX Bonds - Industrial and Miscellaneous (Unaffiliated) - Issuer Obligations 000H-BN- AES CORP FE, ,0 9,000 0,70 0 (,9) JD,960,0 /9/00 06/0/00 000G-AB- APT PIPELINES LTD C, FE,987, ,97,60,000,000,987, MS,867 0 //06 0//0 0006R-CZ- AT&T INC, FE 6, ,98 67,000 67,97 0 6, FA,70, 0//06 0//0 0006R-DJ-8 AT&T INC, FE,9, ,87,,6,000,78, MS 6, 0 09/07/06 0/09/ Y-AY- ABBVIE INC, FE,7, ,0,,7,000,7, MN 6,6,86 0/0/06 0// U-AU- ACTAVIS FUNDING SCS C, FE,, ,8,6,00,000,, MS 6,78 7,000 06/6/0 0//0 007F-AB-7 ADOBE SYSTEMS INC FE 9, ,07 0,000 9, FA 9, 0/6/00 0/0/ B-AD- AERCAP IRELAND CAPITAL LTD C FE,7, ,78,900,70,000,7,7 0,77 (7) MN 8,8 6,6 0//0 0//09 009X-AU-8 AIR LEASE CORP FE,090, ,08,788,00,000,09, JJ 6,0 0 09/7/06 0//00 Stated Contractual Maturity Date

83 E0.9 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date 009R-AB- AIR LIQUIDE FINANCE SA C, FE,7, ,68,,,000,7, MS 6, 0 09//06 09/7/0 ALEXANDRIA REAL ESTATE EQUITIES INC, FE,89, ,890,6,900,000,89, JJ, /0/06 0//07 07-AJ-8 009S-AN- ALTRIA GROUP INC FE 98, ,8 90,000 99, FA 0,67 6,790 08/06/0 08/09/0 0-AN-6 AMAZON.COM INC, FE,0, ,78,79,,000,, JD,6 6,0 /0/0 /0/0 08M0-EB- AMERICAN EXPRESS CREDIT CORP FE,70, ,708,0,70,000,70, MN 9,6 0 //06 0/0/0 066W-AZ- AMERICAN HONDA FINANCE CORP C FE,97, ,0,088,00,000,98, MS, 78,00 09//0 09//00 AMERICAN INTERNATIONAL GROUP INC, FE 98, ,6 90,000 98, JJ 9,9,70 06/6/0 07/6/ DA- 06-CE-8 AMGEN INC, FE,069,6 9.60,07,96,,000,069, MAT, 0 //06 06//0 0-AY- ANADARKO PETROLEUM CORP FE 76, 7.890,0 7,000,0 (6,9) (,97) MS 7,,88 0//0 09//06 0-BF- ANADARKO PETROLEUM CORP FE,97, ,000,8,80,000,88,0 0 (,86) JD,68 7,880 06/0/00 06//09 0-AJ- ANHEUSER-BUSCH INBEV FINANCE INC C, FE,77, ,769,760,70,000,78, FA,8,9 //06 0/0/0 ANHEUSER-BUSCH INBEV FINANCE INC C, FE,78, ,80,,67,000,78,068 0 () FA,98 0 //06 0/0/06 0-AN AT-7 APPLE INC FE,7,6 0.90,77,,0,000,7, 0 (9) MN 7,88,7 06/6/0 0/06/0 08E-AQ- AVALONBAY COMMUNITIES INC, FE,0, ,0,77,0,000,0, MS 8,90 0,8 09/06/0 09//0 0F-AB-9 BB&T CORPORATION FE 7, ,06 7,000 7,76 0, AO 8, 9,66 0//009 0/0/09 0F-AV- BB&T CORP FE,, ,6,90,7,000,, MN 6,7 0 //06 0/0/0 06A-AR- BNP PARIBAS SA C FE 9, ,6 0,000 9, MN,7,0 0/0/06 0//06 06Q-DB- BP CAPITAL MARKETS PLC C, FE,606, ,,0,600,000,606, 0 (7) MN 7,90 0 /0/06 0/0/06 067L-T- BNP PARIBAS SA C FE,06, ,06,00,00,000,0, 0 (7) JJ 6,80 0,00 06/6/0 0//0 090H-AH-0 BMW CANADA INC SD FE 6, , 7,00 7,0 0 (,77) 0, MN 97 8,77 0/9/0 0// M-AA- HEATHROW FUNDING LTD C FE,0, ,,,0,000,0,67 0, JJ,86,6 06//0 07//0 067-AC- BAIDU INC C FE,0,7 0.0,7,786,0,000,0, FA 9,70 8,9 07/0/0 08/06/08 060G-EU-9 BANK OF AMERICA CORP FE,06, ,60,696,6,000,7,99 0, JJ 0,906 86,6 09/0/0 0//0 060G-FC-8 BANK OF AMERICA CORP FE,7, ,,,,000,7,66 0 () JJ 9, 0 //06 0//0 060G-FQ-7 BANK OF AMERICA CORP FE 8, , 900,000 8, AO 8,,70 07//0 0//0 060G-FX- BANK OF AMERICA CORP FE 69,7 98.0,0 0,000 68,787 0 (69) AO,0 7,87 08//06 0/9/ T- BANK OF MONTREAL SD FE,, ,00,89,89,600,00,7 0 (8,88) 0 (0,60) JJ 6,87 0, 06/7/06 07// T- BANK OF MONTREAL SD FE,89, ,00,89,89,600,89,87 0 (,) 0,.90. JJ 6,87 (8,67) 09//0 07// V-JN-6 BANK OF MONTREAL SD FE,00, ,87,07,78,0,90,66 0 (,89) 0 (8,).00.7 AO 7,76 6, 0//06 0//0 0606F-AA- BANK OF NEW YORK MELLON CORP FE,9, ,90,0,9,000,9, AO,8 7,98 0/6/06 0//0 069-L-0 BANK OF NOVA SCOTIA SD FE,6, ,878,,787,0,86,6 0 (8,6) 0 6, JJ 7,86 7,9 0/7/0 0//0 069-K-0 BANK OF NOVA SCOTIA SD FE,0,6 0.60,00,78 968,0,0,9 0 (,80) 0 (,6) JD, 8,67 0/6/06 06/0/0 0777M-AB-9 BAXALTA INC C, FE 6, ,979 6,000 6, JD 6 0,600 06/9/0 06//0 0906X-AC-7 BIOGEN INC FE,978, 0.60,0,60,97,000,977,7 0 (66) MS,0 86,7 09//0 09//00 0R-AU-8 BOSTON PROPERTIES LP, FE,96, ,9,0,00,000,98, FA,8,900 0//0 0/0/0 0R-AW- BOSTON PROPERTIES LP, FE 687, ,9 690, , FA 0,9 6,0 06/8/0 0/0/0 07-AR-8 BOSTON SCIENTIFIC CORP FE,60, ,98,890,00,000,6,77 0, MN 7,79 7,70 08//0 0//0 BROOKFIELD ASSET MANAGEMENT 8-AB-0 INC FE,089,60 0.0,0,99,00,000,0,8 0 (0,9) AO,86 7,70 08//00 0//07 80-AK-7 BUCKEYE PARTNERS LP, FE,9, ,9,6,00,000,97, JJ,60 9,00 06/0/0 07/0/0 BURLINGTON NORTHERN SANTA FE LLC, FE 9, ,7 87,000 9, 0 () MS,7 0 //06 09/0/0 89L-AU- 87-AN- CBS CORP, FE,97,6 9.70,06,90,00,000,976,6 0, JJ 6,66 0,00 07/07/0 0//0 896-BE-9 CMS ENERGY CORP FE,6,8 0.80,,98,00,000,,99 0 (7,000) FA,688,0 /9/00 0/0/00 67-AR- CNA FINANCIAL CORP FE,7,6.0,7,8,6,000,68, 0 (67) FA,,78 0/09/0 08//0 6G-AC-8 CNOOC FINANCE (0) LTD C FE,6, 96.60,,96,00,000,7,899 0, MN 6,067,000 0//0 0/09/0 660-BP- CVS CORP FE,9,0.800,7,68,,,7,6 0, MON,0 9,06 06/07/00 /0/ CT- CVS HEALTH CORP, FE,6, 98.0,,67,0,000,6, JD,9,8 0/6/06 06/0/0 LA CAISSE CENTRALE DESJARDINS DU QUEBEC SD FE 60, ,8 6,880 8,6 0 (8) 0, MS,90 7,9 08/7/0 0/0/00 80Z-CL-0 67-CA-8 CANADIAN NATIONAL RAILWAY CO SD, FE,,0 0.90,7,6,67,800,69,8 0 (,) 0 0, FA 7,7 6,7 06/9/0 0/8/0 006Z-AD-9 DESJARDINS CAPITAL INC SD FE, , 7,00 9,887 0 (,77) 0, MN,07 9,77 06/0/0 0/0/00 00H-BE- CAPITAL ONE FINANCIAL CORP FE 678, ,88 67, ,97 0 (8) AO,078 6,8 07//0 0//09

84 E0.0 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date 00-NB- CAPITAL ONE BANK USA NA FE,8, ,6,8,78,000,80,9 0 (7) FA 6,9, 0//0 0//0 0R-BT-7 CAPITAL ONE NA FE,788, ,77,70,8,000,788, MS,9 0 //06 09//0 CATERPILLAR FINANCIAL 9Z-AN- SERVICES LTD SD FE,7, ,,76,00,6,0,080 0 (6,607) 0 6,.60. JD,69 6, 07/6/0 06/0/07 CATERPILLAR FINANCIAL SERVICES LTD SD FE,67, ,79,7,9,90,68,7 0 (,987) 0 6, JD,0 0,6 0/9/0 06/0/08 9Z-AP-6 67-AY-0 CHARTER COMMUNICATIONS INC, FE,, ,08,,0,000,,0 0 (8) JJ,77 6, 07/0/0 07// BL- CHEVRON CORP, FE,, ,66,700,00,000,, 0 (8) MN,9 0 /0/06 0/6/ HA- CITIGROUP INC FE,6, ,67,6,87,000,,7 0 (6,07) MS 7,7,6 09/9/0 09// KA-8 CITIGROUP INC FE 86, ,89 80,000 86, MS 9,666 7,8 09//0 09/9/ KN-0 CITIGROUP INC FE,77, ,9,,7,000,77,60 0 (6) MN 8,9 0 /0/06 0/0/06 70Q-AE- CITIZENS BANK NA FE,7, ,7,70,7,000,7, MN,86,99 0/0/06 0//0 COMMONWEALTH BANK OF 07A0-HW- AUSTRALIA C FE,8, ,,66,00,000,9,707 0, MS,06 0 //06 09/06/0 D-A-8 CREDIT AGRICOLE SA C FE,89, 0.070,6,69,90,000,89, AO 8,67 7,700 09//0 0/0/07 CREDIT SUISSE GROUP FUNDING -AR- (GUERNSEY) L C FE,7, 0.00,7,90,67,000,7,6 0 (0) AO, 0 //06 0/7/06 CROWN CASTLE INTERNATIONAL 8V-AB-7 CORP, FE,8,0 0.00,789,7,70,000,80,8 0 (8) FA 9,9 0 //06 0//06 DEUTSCHE TELEKOM INTERNATIONAL FINANCE B C FE,9, ,900,0,70,000,809,0 0 (,66) JJ 0,8 0,000 07/09/00 07/08/09 6P-AN- 66A-AC- DISCOVER BANK FE,7, ,77,66,7,000,7, FA 9,7,700 0//0 0// AC-9 DOLLAR GENERAL CORP, FE,9, ,66,96,7,000,7,89 0 (,90) AO 8,06 9,09 08/8/06 0//0 76U-CK- DOMINION RESOURCES INC, FE,0, ,97,0,00,000,0, FA 6,86 0 /0/06 08//06 69R-AH-9 SPECTRA ENERGY CAPITAL LLC FE,7,9.7980,0,9,70,000,9,9 0 (6,) AO,000 0,000 07/09/00 0/0/09 6C-AR-6 DUKE ENERGY CORP, FE,, ,88,8,,000,, MS, /09/06 09/0/0 688A-AZ-6 ERP OPERATING LP, FE, ,8 6,000, JD 896 0,6 /07/0 //0 688A-BA-0 ERP OPERATING LP, FE,69, ,678,60,70,000,699,9 0, AO 0,80,00 0/0/0 0// AC-8 EATON CORP C FE,808, ,78,089,8,000,8, MN 8,80 9,9 //0 /0/0 979V-AF-0 ENTERPRISE PRODUCTS OPERATING LLC FE 7, ,9 0,000 8, JJ 9,909,6 09//009 0//00 ENTERPRISE PRODUCTS OPERATING LLC FE,, ,78,6,0,000,,99 0, MS,00,600 06/0/00 09/0/00 979V-AP-8 06M-AE- EXELON GENERATION CO LLC FE,0, ,066,60,000,000,00,9 0 (,66) AO,000,000 0//007 0/0/07 07A-AA- EXPERIAN FINANCE PLC C FE,7, ,6,68,60,000,6,7 0 (,6) JD,,67 09/0/0 06//07 09G-AM-0 EXPRESS SCRIPTS HOLDING CO, FE,0, ,07,90,0,000,,98 0 (,7) FA 6,,06 06/09/06 0//06 FEDERAL REALTY INVESTMENT TRUST, FE,7, ,7,,70,000,76, JJ 0,77,76 09//0 0//0 77-AW-7 97-XQ- FORD MOTOR CREDIT COMPANY LLC FE,8, ,9,677,,000,8, JJ,0 6,787 //06 0//0 77P-AT- ORANGE SA C FE 78, , 70,000 79, JJ 9,7 0, 06/9/009 07/08/09 68Z-BH-8 GE CAPITAL CANADA FUNDING CO SD FE 00, ,9 6,96 6,9 0 (7,888) 0 8,8.0.0 FA,,80 0/0/0 08/7/07 68Z-BN- GE CAPITAL CANADA FUNDING CO SD FE,99, ,67,0,89,600,0,00 0 (,9) 0, MS 6,9 86,086 0//009 09/0/09 GE CAPITAL INTERNATIONAL FUNDING CO FE,, ,,,00,000,,90 0 (8) MN 6,0 0 //06 //0 66Q-NA- 78-AQ-6 GILEAD SCIENCES INC, FE 7, ,080,000 6,89 0 (98) AO 8, 0/8/0 0/0/0 78-AU-7 GILEAD SCIENCES INC, FE,00, ,97,80,0,000,0, JD 7,98 89,980 /06/0 /0/0 78-AZ-6 GILEAD SCIENCES INC, FE, ,0,000, FA 6 87 //0 0/0/0 78-BB-8 GILEAD SCIENCES INC FE,97, ,,0,00,000,98, MS,00,9 09/09/0 09/0/ AJ-6 GLAXOSMITHKLINE CAPITAL INC C FE 6, ,06 0,000 6, MS,00 0,00 0//0 0/8/ AD- GOLDCORP INC, FE,00, 98.0,98,8,0,000,007,8 0, MS,9 7, 0//0 0//0 GOLDMAN SACHS GROUP, INC. (THE) FE,0, ,7,9,,000,6,9 0 (7) FA,97 87,8 0/6/00 0//0 8G-CU-6 8G-FD- GOLDMAN SACHS GROUP INC FE,,68.760,76,78,670,000,,7 0, AO,06 80, 08//008 0/0/07 8G-SZ-8 GOLDMAN SACHS GROUP INC FE,00, ,7,89,00,000,00, MN,67,70 0/08/0 0//08 8G-VS-0 GOLDMAN SACHS GROUP INC FE 96, ,899 9,000 96,60 0 (6) AO 8, 0 //06 0//0 98C-AG- GREAT WEST LIFECO INC SD FE,6, ,60,7,9,,, 0 (9,070) 0 77, FA,0,79 0/0/0 08//00

85 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date GREATER TORONTO AIRPORTS 99Z-AR-0 AUTHORITY SD FE,08, ,600,9,7,,8, 0 (,06) 0 7, JD 6,89 77,66 /7/009 06/0/07 GREATER TORONTO AIRPORTS 99Z-AV- AUTHORITY SD FE,08,70.880,0,77,77,80,90,8 0 (,) 0 89, MN 9,07 67,0 //0 /0/09 GREATER TORONTO AIRPORTS AUTHORITY SD, FE, ,886,60,6 0 (,99) 0 6, MS,9 6,9 //0 09//0 99Z-AZ- 0-AF- HCA INC FE,77,6 0.00,78,0,700,000,79,098 0,000 (,90) MN,8 80,70 0/7/0 0/0/0 07H-SQ-7 HSBC BANK CANADA SD FE 99, ,787 86,0 88,668 0 (,6) 0 (,8) JJ,789,098 0/6/06 0// AG- HSBC HOLDINGS PLC C FE,97,808.00,6,88 90,000,8,9 0 (7,6) MN 0,0 6,70 08/7/0 0/0/ AQ- HSBC HOLDINGS PLC C FE,0, ,8,80,000,000,0,0 0 (9) MS,08 0 //06 0//0 09C-GD-8 HSBC FINANCE CORP C FE,090,.90,06,7 9,000,0, 0 (,88) JJ 8,67 6,08 0/7/0 0//0 0K-SN- HSBC AMERICAS, INC. C 9 FE,000, ,987,00,000,000,000, FMAN,8, /07/0 /8/0 87-AS- HARRIS CORP, FE,0,0 0.70,0,70,000,000,0,67 0 () AO 8,69 0 //06 0/7/0 HARTFORD FINANCIAL SERVICES GROUP INC FE,969, ,66,709,07,000,0,8 0, MS 8,88, 0/7/00 0/0/00 6-AZ BG-6 HOME DEPOT INC, FE,090, ,099,7,00,000,09,798 0, JD,06 8,87 06/0/0 06/0/0 80Z-AT-7 HYDRO ONE INC SD FE,0,0 0.80,07,07,979,00,009,79 0 (8,688) 0 9, AO,70 7,69 08/8/009 0/8/07 80Z-BA-7 HYDRO ONE INC SD FE,, ,66 89,80 870,90 0 (,) 0 6, JD,06 6,6 //0 06/0/00 80Z-BA-7 HYDRO ONE INC SD FE 90, , 7,800 80,7 0 (8,86) 0, JD,78,0 0/7/0 06/0/00 80Z-BF-6 HYDRO ONE INC SD FE,68,0 06.0,0,60,,0,9,60 0 (,068) 0, JJ,9,60 0/7/0 0//0 80Z-BF-6 HYDRO ONE INC SD FE,, ,7 89,80 89,08 0 (,668) 0, JJ,,8 //0 0//0 80Z-BP- HYDRO ONE INC SD FE 76, ,89 707,60 70,8 0 (8) 0 (,77) AO,978,78 06/9/06 0/0/00 HUTCHISON WHAMPOA INTERNATIONAL LTD C FE,7, ,,8,0,000,9, AO, 0,0 0/8/0 0//07 8D-AA AA- IGM FINANCIAL INC SD FE,990, ,79,9,9,0,6,96 0 (90,607) 0 8, AO,7 8,8 06/0/0 0/08/ AA- IGM FINANCIAL INC SD FE, ,67 7,00,6 0 (6,7) 0, AO 6,7 7,96 0/9/0 0/08/ AY-8 ING BANK NV C FE,786, 09.90,786,0,6,000,78,067 0 (,08) MS, 0 //06 09//0 80-AM- INTEL CORP FE 897, ,98 900, , JD,080,00 /0/0 //0 606-CP-6 INTERNATIONAL PAPER CO, FE,86, ,78,7,900,000,86, FA,67 0 //06 0//07 6H-AJ-6 INTESA SANPAOLO SPA C FE,96,6 0.00,6,90,600,000,99, JJ 6,77 00,70 0/07/0 0/6/08 6H-AF-8 IGM FINANCIAL INC SD FE,,98 0.0,,8,77,880,0,9 0 (,609) 0, MS 8,8 9,06 //0 0/07/08 66H-JU- JPMORGAN CHASE & CO FE,9,6 0.0,68,786,00,000,,787 0 (,6) FA 6,6 0,88 //06 0/0/0 66H-LL- JPMORGAN CHASE & CO FE,0, ,,667,7,000,, JD,87 8,6 06/6/0 06/0/0 7787Z-AB-8 JOHN DEERE CANADA FUNDING INC SD FE,, ,6,,,00,, 0 (,9) 0 (78,7).0.68 AO 0,0,0 06/9/06 0/8/ Z-AE- JOHN DEERE CANADA FUNDING INC SD FE 78, ,9 76,80 7,076 0 (,769) 0 (,6) JJ 8, //06 07/6/ Z-AX-0 JOHN DEERE CANADA FUNDING INC SD FE,7, ,90,,78,0,77, , MS,970,78 0//0 09/7/00 96B-AF-8 KINDER MORGAN INC, FE,,0 0.80,68,,,000,, JD,6,8 /0/06 06/0/0 96B-AH- KINDER MORGAN INC, FE,07,7 0.60,0,60,000,000,070,6 0 (,0) JD,6,00 0/7/0 06/0/0 00-BV- THE KROGER CO FE,6,00.80,68,60,000,000,90, 0 (9,6) MS 7, 60,000 0/08/006 09//09 07V-AC- LYB INTERNATIONAL FINANCE BV C, FE,008, ,006,77 97,000,007, 0 (60) MS,99 7, /9/0 0//0 807-AR-9 LAM RESEARCH CORP, FE,8, ,,6,0,000,8, JD,9,6 0//06 06//0 06A-AC- LEASEPLAN CORPORATION NV C FE,0, ,0,99,0,000,0, JJ,7,66 0//0 0//09 079E-BF-0 LIBERTY MUTUAL GROUP INC FE,9, ,,86,0,000,8,97 0 (6) FA,0,77 08/7/0 08/0/0 87-AY- LINCOLN NATIONAL CORP FE,6, ,8,679,6,000,6, FA 7,07 7,8 /08/009 0// BF- LOCKHEED MARTIN CORP, FE,0, ,,00,,000,,0 0, MN,97, /6/0 //00 97-AG-9 LUBRIZOL CORP FE,98,76.60,80,808,7,000,69,7 0 (,79) FA 8, 9,78 /0/00 0/0/ CS- MANULIFE BANK OF CANADA SD FE,0, ,97,9,97,70,97,9 0 (67) 0 (68,699).0. FA 9,69,9 06/9/06 0/7/ CW-6 MANULIFE BANK OF CANADA SD FE, ,60,60, ().9.6 MS,9 0 /9/06 09/0/0 60Z-AD-9 MANULIFE FINANCIAL CORP SD FE,7, ,8 7,800 86,6 0 (0,0) 0, AO,7 9,07 09//0 0/08/09 80M-EU- MCDONALD'S CORP, FE,6,0 00.0,68,98,6,000,6, MN,,8 0/8/0 0/6/0 889-AJ- MEAD JOHNSON NUTRITION CO FE,8, ,6,688,0,000,9, MN,79 8,70 0/9/0 //00 80-BU-9 MEDTRONIC INC C FE 8, , 0,000 8, MS 7,90,8 /0/0 0//0 90V-AA-8 BANK OF AMERICA CORP FE,6, ,,07 97,000,,696 0 (9,7) MN 9,86 7,6 08/7/0 0//08 96R-AM-0 METLIFE INC FE,67, ,70,88,0,000,66,000 0 (7,08) JD,67 8,60 07//0 06//0 96R-AR-9 METLIFE INC FE 788, , 78,000 78,679 0 (8) FA 0,6, 08//008 08// BL-7 MICROSOFT CORP, FE 80, ,6 780,000 80, 0 (6) MN,9 0 //06 /0/0 998-BQ-6 MICROSOFT CORP, FE,6, ,,8,7,000,6,0 0, FA 9,9 0 //06 08/08/ X-AW-0 MIZUHO BANK LTD C FE,, ,0,8,,000,, AO,9 6,7 0//0 0/0/00

86 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 6087R-AE-0 MOLSON COORS BREWING CO FE,0, ,977,6,0,000,0, JJ, /8/06 07//09 68A-AD-6 MYLAN NV C, FE,89, 9.60,70,068,8,000,890,70 0 (,9) JD,0 7, 08//06 06//06 689Z-AM- NAV CANADA SD FE 98, ,67 89,760 90,68 0 (,87) 0 (,90) AO, 8,80 06/9/06 0/9/ XJ-7 NATIONAL BANK OF CANADA SD FE 986, ,8 7,800 78,8 0 (,6) 0,.79.6 FA 8,67 0,7 0/0/0 08/09/ ZK- NATIONAL BANK OF CANADA SD FE,7, ,7,,7,00,8,6 0 (7,7) 0,.0.69 AO,78 7,80 0/7/0 0/8/ AL- NATIONAL OILWELL VARCO INC FE,09, ,06,06,00,000,09, JD,9,90 //0 /0/ BP-6 NATIONWIDE BUILDING SOCIETY C FE,07,76 0.0,6,90,0,000,06,996 0 (9) JJ,60 0,89 07//0 07//0 60D-AC-8 NETAPP INC FE,66, ,6,,6,000,6,97 0, JD,,00 /8/0 //07 69-AT- NEWELL RUBBERMAID INC FE,0, ,0,00,000,000,0,77 0 (9,87) MS,89,86 0//06 0/9/09 60-AJ- NOBLE ENERGY INC, FE,, ,,8,0,000,, MN 7, 8,07 /0/0 // W-AN-9 NOVA CHEMICALS CORP, FE,8, ,78,70,70,000,78,70 6,08 (9,8) FA 8,8 9,87 0//0 08/0/ CJ- OCCIDENTAL PETROLEUM CORP, FE 677, ,99 67, , AO 6,70 0 //06 0// AZ-9 OMNICOM GROUP INC FE,96,79 0.0,997,0,90,000,97,909 0 (,8) MN,78 70,688 0/8/0 0/0/0 6889X-BC-8 ORACLE CORP, FE 8, ,9 8,000 8,88 0 (0) MN,06,9 0/07/06 0//0 6889X-BJ- ORACLE CORP, FE,0, ,7,6,00,000,0, JJ 7,067 0 //06 07// BF-9 PNC FUNDING CORP FE 9, ,609 0,000 9, JD,79 0,0 06/09/009 06/0/09 PHILIP MORRIS INTERNATIONAL 787-AA-7 INC FE,, 0.0,0,888,0,000,6,60 0 (9,9) MN,7 77,97 07/09/00 0/6/ AC- PHILLIPS 66 PARTNERS LP, FE 7, ,060 7,000 7, FA 8,98,0 0/8/0 0//0 799-AB-7 POWER CORPORATION OF CANADA SD FE 7,88.0 8,809 6,00 06,670 0 (7,) 0, AO 6,8 6, 09//0 0//09 PRINCIPAL LIFE GLOBAL FUNDING 76L-AS-8 II FE,7, ,,9,0,000,7, MN 7,0 6, //0 /9/00 70-AB-8 PUGET ENERGY INC FE,99,9.6000,89,800,00,000,99, JD 6,6 9,00 /0/00 //00 RAS LAFFAN LIQUEFIED NATURAL GAS CO LTD C FE 8, ,8 8,00 8,9 0, MS, 0,87 07/6/006 09/0/00 70T-AA BB- REYNOLDS AMERICAN INC, FE,86, ,0,70,70,000,860, 0 (,60) FA 60,77 60,87 07/0/0 08// C- ROYAL BANK OF CANADA SD FE,97, ,9,8,89,600,8,9 0, 0, MN 6,689,7 08/9/0 0/07/ BU-7 ROYAL BANK OF CANADA SD FE,9, ,0,09,89,600,9,0 0 7,0 0, MS 9,8 (,66) 0/0/0 09// DV- ROYAL BANK OF CANADA SD FE,69, ,0,8,979,00,989,6 0 (8,96) 0 89, MS 0,76 68,70 0/9/0 0// FE-9 ROYAL BANK OF CANADA SD FE 778, ,6 7,800 76, 0 (,) 0 (,77).80. JJ 9,9 0 09/9/06 07// FX-7 ROYAL BANK OF CANADA SD FE 9, ,6 7,00 8,000 0 (,66) 0 (6,9) AO,8,8 09/9/06 0// GV-0 ROYAL BANK OF CANADA SD FE,00, ,0 9,000 97,679 0 (,9) 0 (,8) MS 8,68,9 0//06 0/0/0 ROYAL BANK OF SCOTLAND GROUP 780P-AB- PLC C FE,000, ,999,80,000,000,000, FA 90,78 0,000 0//0 0//09 SANTANDER UK GROUP HOLDINGS 808L-AC-9 PLC C FE,7, ,60,9,7,000,7, AO 7,08,78 0//0 0/6/00 808L-AA- SANTANDER UK PLC C FE,77, ,786,,70,000,77,0 0 (70) MN, 0 //06 /07/0 86A-AB-9 SIGMA ALIMENTOS SA DE CV C FE,879,9 0.70,96,708,89,000,89,60 0, AO,799 06,9 0/07/0 0//08 SKANDINAVISKA ENSKILDA BANKEN AB C FE,, ,0,,0,000,8,0 0, MS,70 0, 0//0 0/9/ AP CS- SOUTHERN CO, FE,7, ,07,688,,000,7, JJ,66 0 /0/06 07/0/0 86V-AG-0 SOUTHERN COPPER CORP C FE 9, ,09,0,00,000 96,86 0, MN 9,7 6,000 0/08/06 /08/0 866-AS-9 SOUTHERN POWER CO FE,, ,,9,,000,, JD,986 0 /0/06 //09 87-BB- SOUTHWEST AIRLINES CO, FE,97, ,0,9,00,000,98, MN 9,89 6,600 /0/0 /0/00 8-AY-6 STANDARD CHARTERED PLC C FE,68, ,7,,7,000,69,80 0, JJ 6,09 9,9 0//06 0//0 8-AJ-8 STARBUCKS CORP, FE,06, ,0,980,0,000,06,06 0 (8) FA 7,6,6 0/0/06 0/0/ AL-7 STATE STREET CORP FE,, ,,880,,000,, MN,8,69 0/08/0 0// AE- SUN LIFE FINANCIAL INC SD,, FE,07, ,9 707,60 78,99 0 (0,) 0, JJ 6,796 9,99 0/9/0 0/0/0 8668Z-AD-8 SUN LIFE FINANCIAL INC SD FE,99, ,7,7,7,08,707,786 0 (7,000) 0, FA,8 7,0 //0 08//0 8668Z-AE-6 SUN LIFE FINANCIAL INC SD, FE,69, ,78,6,7,060,7,977 0 (,670) 0, MS 7,0, 0/9/0 0/0/0 876B-AJ- SYNCHRONY FINANCIAL, FE,99, ,9,8,9,000,98,90 0 (,0) JJ,068 6,686 0/8/06 0// AL- TCI COMMUNICATIONS, INC. FE,,79.80,899,69,90,000,06,90 0 (6,690) FA 79,0 0,88 0//007 0// N-AD-7 TELSTRA CORPORATION LTD C, FE 67, , 670,000 67,976 0 (6) AO,88 0,98 0//0 0/07/0 TEVA PHARMACEUTICAL FINANCE NETHERLANDS C FE,, ,7,7,,000,, JJ,0 0 07/8/06 07//0 8867A-AC- 886-BR- THERMO FISHER SCIENTIFIC INC, FE,876,9 9.80,78,09,900,000,877, MS, //06 09/9/ AG-0 TIME WARNER INC FE 86, ,70 80,000 8,0 0 (,9) JJ 8, 9,90 07//00 0//0 Stated Contractual Maturity Date

87 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F o r Current Year s Other Total Foreign CUSIP Identification Description Code e i g n Bond CHAR NAIC Designation Actual Rate Used to Obtain Fair Value Fair Value Par Value Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Than Temporary Impairment Recognized Exchange Change In B./A.C.V. Rate of Effective Rate of When Paid Admitted Amount Due & Accrued Amount Rec. During Year Acquired Stated Contractual Maturity Date 8877-BB-0 TIME WARNER INC, FE,86, ,80,,00,000,86, FA,6 0 //06 0//07 SPECTRUM MANAGEMENT HOLDING COMPANY LLC, FE,98, ,8,70,000,000,98, MS 6,00 90,000 /0/0 09//0 887J-BD-9 89-A9- TORONTO DOMINION BANK SD FE,8, ,08,87,0,70,0,99 0 (,7) 0,9..06 FA 9,66,7 /0/0 08// MJ-9 TORONTO-DOMINION BANK FE,7, ,68,6,7,000,7, MS, /08/06 09//0 899Z-AB-9 TORONTO HYDRO CORP SD FE 9, ,07 89,80 89,080 0 (,) 0 (,0).90.7 MN,09 8,6 06/9/06 //09 899Z-AD- TORONTO HYDRO CORP SD FE 7, ,0 9,80 69,68 0 (8,609) 0 9,.0.9 MN,, 0/7/0 /8/0 899Z-AD- TORONTO HYDRO CORP SD FE,886, ,9,0,979,00,978, , MN,7 06,79 08/9/0 /8/0 899Z-AE- TORONTO HYDRO CORP SD, FE,6, ,8,,,00,,896 0 (,0) 0 69, AO,786 66,697 /9/0 0/0/0 TRANSURBAN FINANCE COMPANY 8900P-AG-8 PTY LTD C, FE,0, ,77,0,0,000,0, MS,0 0 09//06 0//07 90H-AH-8 ST CENTURY FOX AMERICA INC, FE,076, ,969,60,000,000,07,76 0 (,9) MS 7,97 9,000 /0/0 09//0 909-AW- TYSON FOODS INC, FE,8, ,68,0,0,000,9, FA, 9,6 08/0/0 08//09 UBS GROUP FUNDING (JERSEY) LTD C FE,000, ,00,00,000,000,000,6 0 (0) MS,86 88,00 09//0 09//00 90D-AA- 90-AA- UNDER ARMOUR INC, FE,6, ,6,088,70,000,6, JD,8 0 //06 06// DR-6 UNION PACIFIC CORP, FE 906, ,77 99,000 9,68 0, FA,796,87 08//0 0// EE- UNION PACIFIC CORP, FE,7, ,7,609,7,000,7, JD,6 8,98 06/6/0 06/9/00 99J-AA- U.S. BANCORP FE 97, ,769 90,000 98, JJ,787 7,70 07/8/0 07//0 9P-CC- UNITEDHEALTH GROUP INC FE 96, ,0,8,0,000 98,0 0 6, MS 8,677 9,69 0//0 0//0 9P-CP- UNITEDHEALTH GROUP INC FE,8, ,8,060,77,000,8,666 0 (68) JJ 0,69,000 /0/06 07//0 9V-BR- VERIZON COMMUNICATIONS INC FE,0, ,7,8,00,000,6,09 0 (,9) MS 8, 0 //06 09//0 9V-CZ- VERIZON COMMUNICATIONS INC FE,67,0 9.0,,,,000,67, MS,79 07,970 0//0 0//0 9P-AD- VIACOM INC (NEW) FE 70, ,886 7,000 7, MS,9,906 08/0/009 09//09 9P-AS- VIACOM INC (NEW) FE,96, ,986,7,97,000,97,8 0, MS 6,8 9,7 08//0 09/0/08 986C-AD- VISA INC, FE,7, ,77,70,70,000,7, JD,60, /09/0 //0 986C-AF-9 VISA INC, FE,09, ,7,6,07,000,09,0 0 () JD,8 0 //06 //0 987W-BD- VODAFONE GROUP PLC C FE 7, ,689 7,000 8, FA,,0 06//0 0/9/ AM- VOLKSWAGEN AG C FE,997, ,97,880,000,000,997, MN,00 8,000 0/9/0 0// H-AE- WEA FINANCE LLC C, FE,8, ,96,,0,000,,9 0, AO 6,009 08,87 09/8/0 0/0/ RF-0 WELLS FARGO & CO FE,6,7.7900,96,90,00,000,6,7 0 (8,77) JJ 80, 7,786 07//0 0//0 997B-FY- WELLS FARGO & CO FE 788, ,68 7, ,88 0 (,0) JD,,86 08/6/06 06/0/06 WELLS FARGO CAPITAL FINANCE 997Z-BL-9 CORP CANADA SD FE,907, ,7,,70,980,7,89 0 (,8) 0, FA 6,0 0,60 //0 0/09/07 WELLS FARGO FINANCIAL CANADA 997Z-BM-7 CORP SD FE,0, 0.00,,8,,600,,89 0 (,8) 0 00, JJ, 96, 08/0/0 07//09 WELLS FARGO FINANCIAL CANADA 997Z-BN- CORP SD FE 8, ,98 7,800 80,0 0 (,68) 0 (8,9) JJ,67,086 0/6/06 0//0 997Z-BU-9 WELLS FARGO CANADA CORP SD FE,6,7 0.00,,9,0,8,,88 0 (,607) 0 (,9).00.6 JJ,69,7 0//06 0/9/ AL-0 WEC ENERGY GROUP INC, FE,6, 0.0,,,00,000,6,67 0 (88) JD,67 6,6 /0/06 06// AN- WOODSIDE FINANCE LTD C, FE,88, ,76,00,80,000,88, MS 0, 0 09/09/06 09// Bonds - Industrial and Miscellaneous (Unaffiliated) - Issuer Obligations,6,6 XXX 0,7,6 9,98,9 9,869,6 69,9 (86,99) 0,0, XXX XXX XXX,9,,9,0 XXX XXX Bonds - Industrial and Miscellaneous (Unaffiliated) - Residential Mortgage-Backed Securities 00C-GQ- AMT 0 M - CMO/RMBS FM, ,0 0, 0,86 0 (9) MON,878,7 0//00 06// EP-7 ARMT 0B A - CMO/RMBS FM,0, ,09,087,067,07,0, MON,970,6 0//06 0// GS-9 ARMT 0A A - CMO/RMBS FM,0, 9.00,,70,08,8,9,60 0 (707) MON,679 7,0 0/9/06 06//0 06S-AD- CWALT 06OA A - CMO/RMBS, FM,90, ,9,,8,6,97,09 0 6, MON 6,787 0/6/06 // BG- AMSI 0W M - CMO/RMBS, FM,66, ,6,,90,97,67, MON,80 9,60 //06 09/6/0 66C-AH- CHASE 06A A - CMO/RMBS FM 979, ,76 967,6 97,789 06,6 () MON,87 8,9 0/9/007 09//06 0D-D-0 FHASI 0AR A - CMO/RMBS FM, ,,7,8 0 (6) MON,97 08/0/00 08//0 79-CN-9 FPLUS 97 M - CMO/RMBS FM, ,,, MON 79,0 06/06/006 09//0 6-D-8 GSR 06AR A - CMO/RMBS FM,08, ,080,099,6,8,,77 0 (0,79) MON 6,99 69,89 07//0 0//06 6-AA-6 GSMS 060 A - CMO/RMBS, FM,8, ,,0,899,9,67,778 8, MON 7, //06 0/6/07 6D-AF-6 HVMLT 06 AA - CMO/RMBS, FM,60, ,9,800,87,786,68,99 0, MON 67,606 09/0/0 /9/06 N-KD-8 IMM 06 A - CMO/RMBS, FM,008, ,,8,6,,08,0 0 9, MON 686 7, /8/06 0//0 669A-BU- JPMMT 06S A - CMO/RMBS FM 7, ,9 8,76 7,60 9,09 (88) MON 90 7, 0/0/006 08//0 06A-AA- LHIPO 7 CER - CMO/RMBS D, FE 76, ,6 76, 76, MON,966,690 0/0/007 0/0/06

88 E0. SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code 900U-ZZ- MLMI 0 A - CMO/RMBS, FM 89, ,6 8,966 89,867 0 (8) MON,80,6 /8/06 0//0 960U-AA-9 MDST 0 A - ABS FE,67, ,8,909,,8,9, 0 (,9) MON 6,7 8, /0/006 08//07 688N-DW-0 OPMAC 06 AC - CMO/RMBS, FM,07, ,66,996,7,80,69,9 0 9, MON 9,080 0/0/06 0//06 69P-DY-6 OWNIT 06 AD - CMO/RMBS, FM,, ,8,60,000,000,9,688 0, MON 8 0, 08/0/06 0//07 760G-Y9-6 RALI 0QS B - CMO/RMBS AM , MON 0 0 //008 0//0 760H-7D- RALI 0QA7 A - CMO/RMBS FM,066, ,0,806,9,667,07,7 0 (6,7) MON 6,8 7,66 /6/0 07//0 768-KU- RALI 0QO A - CMO/RMBS, FM,896, ,77,87,67,08,9,798 0, MON 7,99 /6/0 0//0 8P-CB- SNMLT 0 M - CMO/RMBS FM 08,8 0. 6,79,6 08, MON,0,89 0/8/00 //0 8P-CH- SNMLT 0 M - CMO/RMBS FM 9, ,80 9,978 9, MON,8 6,0 0//00 0//0 87F-CW- SEMT 07 A - CMO/RMBS, FM,9, ,96,6,0,80,9, 0, MON 8,6 09/9/0 08/0/0 869D-TG- SASC 0SC A - CMO/RMBS FM, ,8 9,00,8, MON,6 8,97 0//00 0//0 96N-AB- WAMU 06AR A - CMO/RMBS FM,7, 90.90,8,996,9,96,6,9 0 6, MON,787,7 07//0 0//06 96Q-AA-6 WAMU 06AR A - CMO/RMBS FM,0, ,80,0,,8,8,98 0 9, MON,86 8,007 07//0 //06 99F-QP-0 WMALT 06AR AA - CMO/RMBS FM,9, 76.0,70,97,88,0,7, 0 0, MON,679 9, /8/0 0//06 99F-AC- WMALT 06AR6 A - CMO/RMBS, FM,69, ,68,00,909,669,77,08 0 7, MON,07,9 /0/06 08// Bonds - Industrial and Miscellaneous (Unaffiliated) - Residential Mortgage-Backed Securities 9,0,7 XXX 8,76,6 6,6,80 9,6,6 9,0 8, 0 0 XXX XXX XXX 6, 79,9 XXX XXX Bonds - Industrial and Miscellaneous (Unaffiliated) - Commercial Mortgage-Backed Securities 060F-AA- BWAY A - CMBS FM,06,0 00.0,0,,07,8,0,6 0 (,09) MON,9 9, 0/6/0 0/0/0 9L-AN- COMM CR0 D - CMBS FM,6, ,6,98,00,000,7,08 0, MON 9,9 09,8 0/6/0 //07 6P-AE- COMM CRE A - CMBS FM,, ,99,,8,0,0,6 0 (,867) MON,786,7 0/0/0 0/7/0 6X-AV-0 COMM CRE6 D - CMBS FM,809, ,677,00,000,000,80,0 0, MON 0,7 7, 08/0/0 0//06 6U-AJ- COMM CRE9 D - CMBS FM,88, 86.0,8,70,000,000,8,68 0, MON 0,60 9,8 09//0 07//0 66L-AY-8 COMM CR D - CMBS FM,980, ,80,0,000,000,98,868 0 (6,008) MON 8,6 0,068 09//0 08//00 008E-AE- COMM LC6 D - CMBS FM,088, ,08,7,00,000,09, 0, MON 8, 8,7 0/0/06 0//06 008E-BA-8 COMM LC6 AM - CMBS FM,897, ,867,7,8,,880,68 0 (7,8) MON,066 60,797 0//0 0//06 69Y-BB- GSMS GC A - CMBS FM,87, ,89,96,800,000,80,0 0 (69) MON,6 66,76 09//0 08//0 698E-BB-0 GSMS GC D - CMBS FM,979, ,808,960,00,000,0, , MON 0,8, 09//0 07//06 698F-AV- GSMS GC D - CMBS FM,70, ,,90,80,000,70,0 0 (6) MON,7 6,0 0//0 08/0/06 660L-AB-8 JPMBB C A - CMBS FM,8, ,9,78,,000,,0 0 (,8) MON,7 6,09 08/0/0 08/7/06 660N-AP- JPMBB C D - CMBS FM,997, ,77,790,000,000,000,88 0 (9,08) MON,6, //0 /7/0 697Q-AQ-9 MOTEL MTL6 D - CMBS FM,8, ,0,00,00,000,8, MON,66 9,6 0/8/06 0/07/ R-BE- UBSBB C A - CMBS FM,66, ,60,07,606,88,6,9 0 (,98) MON,86,798 /06/0 //0 980C-AA-6 VF 6AVE A - CMBS FM,7, ,9,80,9,000,,987 0 (,88) MON,88,80 /6/0 /8/00 997F-AU- WFRBS CB D - CMBS FM,89, ,7,60,000,000,96,7 0, MON 0,877,667 /7/0 0/7/08 997U-AJ-7 WFRBS C D - CMBS FM,090, ,0,8,,000,8, , MON 7,77 9,87 0/0/0 0/7/0 998C-AL- WFRBS C D - CMBS FM,80, ,6,080,000,000,80,97 0 9, MON,00 6,67 09/0/0 08/7/ Bonds - Industrial and Miscellaneous (Unaffiliated) - Commercial Mortgage-Backed Securities,9,9 XXX 9,77,8,96,,9,7 0 8, XXX XXX XXX,96,690,6 XXX XXX Bonds - Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 000A-CW-6 AMOT A - ABS FE,7, ,79,8,7,000,7, MON,00,7 0/0/0 09/6/09 BLACKBIRD CAP AIRCRAFT LEASE 098Y-AB-8 SECURITIZAT C FE,879, ,868,0,880,000,880, MON 0, 0 /0/06 0/0/0 0M-AA-7 FORDO REV A - ABS FE,6, ,8,87,8,000,7, MON,,667 0/06/0 //0 LABRADOR AVIATION FINANCE LTD - ABS C FE,7, 98.7,68,9,00,000,7, MON,0 0 /08/06 0//0 0L-AA Bonds - Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 0,68,609 XXX 0,698,77 0,67,000 0,69, XXX XXX XXX 0,76 8,8 XXX XXX Bonds - Industrial and Miscellaneous (Unaffiliated) - Subtotals - Industrial and Miscellaneous (Unaffiliated) 0,8,7 XXX 9,76,00 9,7,0 87,8,6 89,7 (9,0) 0,0, XXX XXX XXX,86,78,887,86 XXX XXX Bonds - Hybrid Securities - Issuer Obligations 0U-AB- BBVA BANCOMER SA C FE,060, ,0,66,87,000,08,8 0 (,77) MS 7,78 60,98 0/6/06 0/0/0 CREDIT SUISSE (NEW YORK BRANCH) C FE,06, ,,86,060,000,060,78 0 () JJ 6, 7,0 0//00 0//00 6Q-AD-9 07H-LZ- HSBC BANK CANADA SD, FE,770, ,8,76,7,098,78,89 0 (,087) 0 8, AO,98 6,78 09/8/00 0/0/0 080-AP- HSBC HOLDINGS PLC C FE,, 0.0,7,,0,000,, MS 7,97 60,0 0/06/0 0// Bonds - Hybrid Securities - Issuer Obligations 6,0,07 XXX,88,6,60,098,790,9 0 (,9) 0 8,87 XXX XXX XXX 9,986,0 XXX XXX Stated Contractual Maturity Date

89 SCHEDULE D - PART Showing All Long-Term BONDS Owned December of Current Year Codes 6 7 Fair Value 0 Change in Book / Adjusted Carrying Value Interest Dates F Current o Year s Total r Other Foreign e Rate Used Book/ Unrealized Than Exchange Admitted Amount i to Obtain Adjusted Valuation Current Year s Temporary Change Effective Amount Rec. g Bond NAIC Actual Fair Fair Par Carrying Increase/ (Amortization)/ Impairment In Rate Rate When Due & During n CHAR Designation Value Value Value Value (Decrease) Accretion Recognized B./A.C.V. of of Paid Accrued Year Acquired CUSIP Identification Description Code Bonds - Hybrid Securities - Subtotals - Hybrid Securities 6,0,07 XXX,88,6,60,098,790,9 0 (,9) 0 8,87 XXX XXX XXX 9,986,0 XXX XXX Bonds - Total Bonds - Subtotals - Issuer Obligations,00,8,9 XXX 98,760,08 9,89,900 96,,00 (9,) (,7,8) 0,7,70 XXX XXX XXX 0,,80 0,768,8 XXX XXX Bonds - Total Bonds - Subtotals - Residential Mortgage-Backed Securities 0,9, XXX 0,09,09 0,9,907 0,860,79 9,0,9 0 0 XXX XXX XXX 77,8,7,8 XXX XXX Bonds - Total Bonds - Subtotals - Commercial Mortgage-Backed Securities 8,,70 XXX 6,, 0,06, 8,7, ,6 0 0 XXX XXX XXX 60,866,88,70 XXX XXX Bonds - Total Bonds - Subtotals - Other Loan-Backed and Structured Securities,79,679 XXX,8,77,67,000,760,9 0 (,) 0 0 XXX XXX XXX,09 88,8 XXX XXX Stated Contractual Maturity Date E Subtotals - Total Bonds,70,8,70 XXX,,66,8,87,6,0,0,0, 09,999 (,08,86) 0,7,70 XXX XXX XXX,,88 8,66, XXX XXX

90 CUSIP Identification ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE D - PART - SECTION Showing All PREFERRED STOCKS Owned December of Current Year Codes Fair Value Dividends Change in Book/Adjusted Carrying Value Rate Per Total Share Current Year s Total Foreign Par Book/ Used to Amount Nonadmitted Unrealized Current Other-Than- Change Exchange Number Value Rate Adjusted Obtain Declared Received Declared Valuation Year s Temporary In Change NAIC Of Per Per Carrying Fair Fair Actual but During But Increase/ (Amortization) Impairment B./A.C.V. In Designation Description Code Foreign Shares Share Share Value Value Value Unpaid Year Unpaid (Decrease) Accretion Recognized (+6-7) B./A.C.V. Date Acquired E Total Preferred Stocks 0 XXX XXX XXX

91 E SCHEDULE D - PART - SECTION Showing all COMMON STOCKS Owned December of Current Year Codes 6 Fair Value 9 Dividends Change in Book/Adjusted Carrying Value Rate per 8 0 Current Year s 6 CUSIP Identification Description Code Foreign Number of Shares Book / Adjusted Carrying Value Share Used To Obtain Fair Value Fair Value Actual Declared but Unpaid Amount Received During Year Nonadmitted Declared But Unpaid Unrealized Valuation Increase/ (Decrease) Other-Than- Temporary Impairment Recognized Total Change in B./A.C.V. (-) Total Foreign Exchange Change in B./A.C.V. NAIC Market Indicator (a) Date Acquired Industrial and Miscellaneous (Unaffiliated) 006V-0- AMC NETWORKS CL A ORD, , ,680, (,680) 0 (,680) 0 L 0/0/ AARONS ORD, , ,980 0, ,00 0 9,00 0 L 0// ABIOMED ORD, , ,90 77, ,88 0,88 0 L 06// Y-0- ACUITY BRANDS ORD, , ,79 9, ,7 0,7 0 L 0/0/ ACXIOM ORD 6,80.000, 6.800, 08, ,8 0,8 0 L //06 007F-0- ADOBE SYSTEM ORD, , ,08 98, ,698 0,698 0 L 09/0/0 0077T-0- ADVANSIX ORD ,8.0,8, ,9 0 0,9 0 L 0/7/ AEROJET ROCKETDYNE HOLDINGS ORD 0, , ,000 6, ,800 0,800 0 L 0/8/ AFFILIATED MANAGERS GROUP ORD 7,.000,078,8.00,078,8 7, (07,66) 0 (07,66) 0 L 0/7/ T-0- AKAMAI TECHNOLOGIES ORD 8, ,, ,,8 667, ,0 0 6,0 0 L 0// ALIGN TECHNOLOGY ORD 9,00.000,8, ,8, , ,76 0 8,76 0 L /07/0 0079K-0-7 ALPHABET CL C ORD,7.999,8, 77.80,8, 9, ,8 0,8 0 L 0/07/0 0079K-0- ALPHABET CL A ORD,60.000,0, 79.0,0,,0, , ,97 0 L 0/0/ AMAZON COM ORD,.000,7, ,7,8 87, ,7 0 7,7 0 L /0/ AMEDISYS ORD 9, , ,786, (,) 0 (,) 0 L /9/ AMERICAN EXPRESS ORD, ,70, ,70,60,0,7 0 6,8 0 9,06 0 9,06 0 L 0// ANADARKO PETROLEUM ORD 9, , ,70, ,9 0 0,9 0 L 09/07/ APPLE ORD 0, ,6,00.80,6,00 60,8 0,600 0,00 0,00 0 L 0// ARISTA NETWORKS ORD 7, , ,967 90, , 0 6, 0 L 09/08/ ASCENT CAPITAL GR SRS A ORD, ,0 6.60,0 7, (90) 0 (90) 0 L /0/ BANK OF AMERICA ORD 0, , ,978 0,88 0 0,8 0,60 0,60 0 L 0/0/ BANK OF NEW YORK MELLON ORD 68, ,, ,,80,8,08 0 8, , ,880 0 L 0// BAXTER INTERNATIONAL ORD 9,90.000,9,8.0,9,8,6,96,99,0 0 0,07 0 0,07 0 L /0/ W-0- BERRY PLASTICS GROUP ORD, , , 8, ,97 0 9,97 0 L /0/ BEST BUY ORD, ,066,70.670,066,70 6,80 0 9,0 0 0,00 0 0,00 0 L 08/6/ BOOZ ALLEN HAMILTON HOLDING CL A ORD,00.000,, ,,777 97,9 0,66 0 9,86 0 9,86 0 L 08/09/ BORGWARNER ORD, , ,0,78 0,90 0 (,70) 0 (,70) 0 L 06/6/ BOSTON BEER CL A ORD , ,970, (6,) 0 (6,) 0 L 06/0/ BRINK'S ORD 8, , ,000,90 0, ,0 0 99,0 0 L 0// BRISTOL MYERS SQUIBB ORD 0, ,7,66 8.0,7,66,967,80 0 8,07 0 (60,07) 0 (60,07) 0 L 0/6/ BROWN FORMAN CL A ORD, , ,0,86,8 0,70 0 (8,90) 0 (8,90) 0 L 08// CBS CL A ORD, , ,0 0,,0 8,90 0 6, ,890 0 L 0/0/0 0L-0-9 CBRE GROUP CL A ORD,0.000,6.90,6 0, (,09) 0 (,09) 0 L 0//06 7Q-0- CME GROUP CL A ORD,00.000,7,.0,7, 98,89,87 7,0 0, 0, 0 L 0/0/0 66R-0- CST BRANDS ORD, , ,0 60,7 0, , ,00 0 L 08// CTS ORD 6, ,88,800.00,88, ,7,80 9,90 0 9,0 0 9,0 0 L 0/9/ CVS HEALTH ORD, , ,0 8,7 0 8,00 0 (9,00) 0 (9,00) 0 L 0/0/ CARLISLE COMPANIES ORD, , ,880 8,89 0,0 0 8, ,970 0 L 0// CELGENE ORD 7, , ,0 7, (,87) 0 (,87) 0 L // CERNER ORD 8, , ,0,0, (7,7) 0 (7,7) 0 L 06//06 69P-0-8 CHARTER COMMUNICATIONS, INC., , ,9 69, ,9 0 9,9 0 L // CHEMOURS ORD, , ,60, , ,90 0 L 0// CHEMTURA ORD 0, ,000.00,000 8, , ,900 0 L 0/0/ CHEVRON ORD 6, , ,00 87,90 0, ,0 0 66,0 0 L 0/0/ CINCINNATI BELL INC. 6, ,00.0,00 98, ,8 0,8 0 L 0//0 7V-0- CINEMARK HOLDINGS ORD,0.000, ,60 6,0 0,80 0 6,68 0 6,68 0 L 0//06 77K-0-9 CIRCOR INTERNATIONAL ORD, , ,0 7,69 0,90 0 9,90 0 9,90 0 L 0/08/ CITIGROUP ORD 0, ,78, ,78,900,6,0 0,0 0 9,6 0 9,6 0 L 0// COCA-COLA ORD 7, , ,0 0,7 0 9,800 0 (0,00) 0 (0,00) 0 L 0//009 97A-0-0 COHEN & STEERS ORD 0, , ,000 7,7 0,00 0,00 0,00 0 L 0//0 008V-0-8 COMMERCEHUB SRS A ORD ,70.00,70, ,96 0,96 0 L 0/09/0 008V-0-6 COMMERCEHUB SRS C ORD ,.00,, , ,887 0 L 0/09/0 06P-0-8 CONSTELLATION BRANDS CL A ORD, ,6.0 07,6,6 0,9 0 6,6 0 6,6 0 L 0/6/ CORNING ORD 8, , ,860,96 0 9, , ,80 0 L 0/8/0 60K-0- COSTCO WHOLESALE ORD,99.000,7,6 60.0,7,6,686,98 0,8 0 (0,9) 0 (0,9) 0 L 0//0 60N-0-9 COSTAR GROUP ORD 6,79.000,7, ,7,9,9, (60,9) 0 (60,9) 0 L /8/ CRANE ORD, ,009, ,009,680,79 0 8,80 0 9,90 0 9,90 0 L 0// CURTISS WRIGHT ORD 0, , ,600 7,8 0, , ,600 0 L 0// DANA INCORPORATED ORD 0, , ,600 76,6 0, , ,600 0 L 0/7/ DANAHER ORD 8, , ,87 6,606,, 0 6,78 0 6,78 0 L 0/0/00 66T-0-0 DANONE ADR C, , ,90 6,6 0, 0 (,66) 0 (,66) 0 U 06/0/ DEERE ORD 0, ,00, ,00,00,87 6,000, , ,700 0 L 08//00 906P-0-9 DENTSPLY SIRONA INC.,8.000,0,7 7.70,0,7,9,9,700 8,0 0 66,8 0 66,8 0 L 06//0-0-7 DEXCOM ORD, , ,8 96, (8,9) 0 (8,9) 0 L /06/ DIEBOLD NIXDORF ORD 7, ,0.0 90,0,0,8 0,00 0 (6,69) 0 (6,69) 0 L //06 70F-0- DISCOVERY COMMUNICATIONS SRS A ORD, , ,0, ,90 0,90 0 L 09//008 70F-0- DISCOVERY COMMUNICATIONS SRS C ORD 9, , ,00 0, ,00 0,00 0 L 09//008 70M-0-9 DISH NETWORK CL A ORD 0, ,8, ,8,600 9, ,000 0,000 0 L //009 69T-0-7 DOLBY LABORATORIES CL A ORD, , ,80 80,8 0,000 0,080 0,080 0 L 0/0/0 68E-0-9 DR PEPPER SNAPPLE GROUP ORD 7, , ,690 6,9,70,9 0 (7,70) 0 (7,70) 0 L 0//008

92 E. SCHEDULE D - PART - SECTION Showing all COMMON STOCKS Owned December of Current Year Codes 6 Fair Value 9 Dividends Change in Book/Adjusted Carrying Value Rate per 8 0 Current Year s 6 CUSIP Identification Description Code Foreign Number of Shares Book / Adjusted Carrying Value Share Used To Obtain Fair Value Fair Value Actual Declared but Unpaid Amount Received During Year Nonadmitted Declared But Unpaid Unrealized Valuation Increase/ (Decrease) Other-Than- Temporary Impairment Recognized Total Change in B./A.C.V. (-) Total Foreign Exchange Change in B./A.C.V. NAIC Market Indicator (a) Date Acquired E I DU PONT DE NEMOURS ORD 7, ,7, ,7,800 7,79 0,80 0,600 0,600 0 L 0//0 687P-0- EOG RESOURCES ORD 0,00.000,06,0 0.00,06,0 7, ,0 0 8, 0 8, 0 L 0/08/0 80Q-0- EDGEWELL PERSONAL CARE ORD 7, , ,90 70, (7,77) 0 (7,77) 0 L 08//06 97W-0-9 ENERGIZER HOLDINGS ORD, ,80.60,80 0,9 0,07 0,60 0,60 0 L 0//008 9B-0- EPAM SYSTEMS ORD, , ,90 96, (7,66) 0 (7,66) 0 L 0/8/ EQUIFAX ORD,0.000,8, ,8,787 86,8 0 6, , ,09 0 L //0 0G-0- EXXON MOBIL ORD 8, , ,8 6,7 0,7 0 0,7 0 0,7 0 L 0/0/0 00M-0- FACEBOOK CL A ORD 6, ,.00 79,, ,6 0 70,6 0 L 0/9/06 60M-0-6 FIDELITY NATIONAL INFORMATN SVCS ORD, , ,09 9, (,79) 0 (,79) 0 L /9/ FLOWERS FOODS ORD 6, , ,80, 0,70 0 (9,0) 0 (9,0) 0 L 0/0/00 P-0- FLOWSERVE ORD, , ,77 0,996,9,6 0 9, 0 9, 0 L 0//008 99J-0-8 FORTIVE ORD, ,9.60 8,9 0, , ,08 0 L 0/0/00 96C-0-6 FORTUNE BRANDS HOME AND SECURITY ORD, ,9,80.60,9,80 6,00 0,70 0 (6,90) 0 (6,90) 0 L 08/6/ GATX ORD 6, ,60, ,60,080 96,6 0,00,00 0 9, ,780 0 L 06// GENERAL ELECTRIC ORD, , ,00,778,760, , ,800 0 L 0/0/ GENERAL MILLS ORD, , ,0 6,00 0,0 0 9,0 0 9,0 0 L 0/09/0 70V-0-0 GENERAL MOTORS ORD 9, ,8,760.80,8,760,9,70 0 9,80 0,70 0,70 0 L 0/0/ GENUINE PARTS ORD 6, ,8,00 9.0,8,00 9,0 7,09 67,7 0 0, ,900 0 L 0/0/ GILEAD SCIENCES ORD 0, , ,00 76,97 0 8,00 0 (9,800) 0 (9,800) 0 L 0// GRACO ORD 0, , ,900,988 0,00 0 0,00 0 0,00 0 L 0// GREIF CL A ORD, ,90.0,90,6,60,00 0 6,00 0 6,00 0 L 07// GRIFFON ORD 0, ,08, ,08,000 98, ,00 0 6, ,000 0 L 0//0 009J-0-6 GRUPO TELVISA ADS REP ORD PTG CERT C, , ,0,7 0,60 0 (9,800) 0 (9,800) 0 L 07/0/0 07V-0-0 GUIDEWIRE SOFTWARE ORD 0,0.000,008, ,008,799,9, (9,76) 0 (9,76) 0 L 06//06 06M-0- HD SUPPLY HOLDINGS ORD, ,00.0 6,00 6, ,8 0 0,8 0 L // HALLIBURTON ORD,77.000,7,67.090,7,67 608,67 0,66 0,6 0,6 0 L 0// HARMAN INTERNATIONAL ORD 6, , ,960 67, ,0 0 9,0 0 L // HARRIS ORD, , ,7 08,6 0,9 0 88,8 0 88,8 0 L /0/06 70L-0- HERC HOLDINGS ORD 0, , ,600 68, ,8 0,8 0 L 08// HERSHEY FOODS ORD 8, , ,0,98 0 9,6 0,80 0,80 0 L 0// HOME DEPOT ORD 8,0.000,9,0.080,9,0,7,07 0 8,079 0,0 0,0 0 L /8/ HONEYWELL INTERNATIONAL ORD, ,9,0.80,9,0,0,07 0 0,6 0,7,0 0,7,0 0 L 0/7/0 980X-0-9 IPG PHOTONICS ORD 7, , ,7 66, ,78 0 9,78 0 L 0/0/06 07V-0-8 ITT ORD, , ,80 7,667 0,98 0 9, ,000 0 L 0/0/ INTEGRA LIFESCIENCES HOLDINGS ORD 6, , ,, 0 0 0,79 0,79 0 L // INTEL ORD 0, , ,00, 0 6, ,00 0 6,00 0 L 06/0/ F-0- INTERCONTINENTAL EXCHANGE ORD, , , 678,9 0 7,80 0 6, 0 6, 0 L /0/ INTERNATIONAL FLAVORS & FRAGRANS ORD 9, ,060, ,060,70 7,6,760 0,880 0 (6,90) 0 (6,90) 0 L 0/0/ INTERNATIONAL PAPER ORD 8, ,8, ,8,680 87,9 0 9,90 0 0, ,080 0 L /9/ INTERPUBLIC GROUP OF COMPANIES ORD 0, , ,00 8, 0,000 0,600 0,600 0 L 09//0 60E-60- INTUITIVE SURGICAL ORD,80.000,6, ,6,88,, ,8 0 0,8 0 L 0/8/06 66H-0-0 JPMORGAN CHASE ORD, ,9, ,9,0,7 0 7, , ,900 0 L 08/0/0 70X-0- JANUS CAPITAL GROUP ORD 6, , ,70 89,96 0,0 0 (9,0) 0 (9,0) 0 L 0/7/ JOHNSON & JOHNSON ORD 8, , ,8 69, 0 6, ,6 0 06,6 0 L 09//0 800Q-0-7 JONES LANG LASALLE ORD,60.000,77,6 0.00,77,6 698, 0 8,090 0 (7,8) 0 (7,8) 0 L 09/9/0 8V-0- J GLOBAL ORD,60.000,78, ,78,88 70,79 0,70 0 (7,7) 0 (7,7) 0 L 07/06/00 88T-0-9 KAR AUCTION SERVICES ORD 9, , ,68,8,07 0,00 0,078 0,078 0 L 0/8/ KANSAS CITY SOUTHERN ORD,80.000, ,67 80,806,79,79 0 (6,) 0 (6,) 0 L 07/9/ KELLOGG ORD, ,0, ,0,60 79,00 0 0,600 0,600 0,600 0 L 06/0/ LAS VEGAS SANDS ORD 9, , ,690 7,78 0, ,0 0 86,0 0 L 07/6/ LEAR ORD, , , 98, 0 6,0 0 9, ,608 0 L 0/0/ LEGG MASON ORD,00.000,,6 9.90,,6,7,60 9,0,860 0 (86,780) 0 (86,780) 0 L 0/8/ LIBERTY BROADBAND SRS A ORD, , ,90 6, ,60 0,60 0 L 0// LIBERTY BROADBAND SRS C ORD, , ,66 6, ,98 0 8,98 0 L 0/0/0 06P-0-9 LIBERTY EXPEDIA HOLD SRS A ORD, , ,98, , ,989 0 L 0/09/0 07M-0- LIBERTY INTRACTV QVC GRP SRS A ORD, , ,70 8, (9,0) 0 (9,0) 0 L 0/6/0 07M-8-6 LIBERTY INTERACTIVE CORPORATION, , ,06 8, ,77 0,77 0 L 0/09/ LIBRTY MEDIA LRTY SIRIUSXM SRS A ORD 6, ,0.0 07,0, , ,06 0 L 0// LIBRTY MEDIA LRTY SIRIUSXM SRS C ORD 6, ,0.90 0,0 0, , ,088 0 L 0// LIBERTY MEDIA LIBERTY BRVS SRS A ORD , ,9, ,7 0,7 0 L 0// LIBERTY MEDIA SRS C ORD, , ,660, ,7 0 9,7 0 L 0// LIBERTY MEDIA SRS A ORD, , ,700, ,8 0 9,8 0 L 0// LIBERTY MEDIA LIBERTY BRVS SRS C ORD,.000, ,96 0, ,8 0,8 0 L 06/0/ LIBERTY TRIPADVISOR HOLDIG SRS A ORD, ,7.00 0,7, (0,8) 0 (0,8) 0 L 0/09/ LIONS GATE ENTERTAINMENT CL B ORD,0.00 9,9.0 9,9 0, (86) 0 (86) 0 L /08/ MSG NETWORKS CL A ORD 7, , ,00 6, ,900 0,900 0 L 0//00 8T-0- MADISON SQUARE GARDEN CL A ORD, , ,776 0, ,07 0,07 0 L 0//00 766Q-0- MASTERCARD CL A ORD,6.000,, 0.0,,,9,0 0 8,70 0,08 0,08 0 L //0 7776J-0-0 MAXLINEAR CL A ORD, , ,00 67, , ,987 0 L 0// MEAD JOHNSON NUTRITION ORD 0, , ,600 0,9, 7,7 0 (8,900) 0 (8,900) 0 L 0/0/00 89Y-0- MERCK & CO ORD 0, ,77, ,77,00 99,9 9,00 7,6 0,000 0,000 0 L 0/07/0

93 E. SCHEDULE D - PART - SECTION Showing all COMMON STOCKS Owned December of Current Year Codes 6 Fair Value 9 Dividends Change in Book/Adjusted Carrying Value Rate per 8 0 Current Year s 6 CUSIP Identification Description Code Foreign Number of Shares Book / Adjusted Carrying Value Share Used To Obtain Fair Value Fair Value Actual Declared but Unpaid Amount Received During Year Nonadmitted Declared But Unpaid Unrealized Valuation Increase/ (Decrease) Other-Than- Temporary Impairment Recognized Total Change in B./A.C.V. (-) Total Foreign Exchange Change in B./A.C.V. NAIC Market Indicator (a) Date Acquired MICROSOFT ORD 9, ,7,80 6.0,7,80,9,89 0,9 0 9, 0 9, 0 L // MONDELEZ INTERNATIONAL CL A ORD 9, ,7,70.0,7,70,067, 9,0,600 0 (,79) 0 (,79) 0 L //06 67X-0-9 MONSTER BEVERAGE ORD, , ,608, (8,96) 0 (8,96) 0 L 0// MORGAN STANLEY ORD 8, ,0,00.0,0,00,0,07 0 0, ,0 0 60,0 0 L 0/09/ MUELLER INDUSTRIES ORD, ,8, ,8, ,87 0,6 0 98, ,660 0 L 09// MYERS INDUSTRIES ORD 0, , ,000,88,700 6,70 0 8,9 0 8,9 0 L 08// NATL FUEL GAS ORD 6, , ,0 60,78 6,80,600 0,0 0,0 0 L 09/6/ NINTENDO ADR C, , ,90 67, (9,68) 0 (9,68) 0 U // NORTHERN TRUST ORD 0, , ,00 7,97,800, , ,600 0 L 0/6/0 6707V-0- NXSTAGE MEDICAL ORD 9,00.000,0,9 6.0,0,9 6, , ,80 0 L 0//0 670H-0-7 O'REILLY AUTOMOTIVE ORD 0,07.000,797,8 78.0,797,8 8, 0 0 0,7 0,7 0 L 0/9/ OMEGA FLEX ORD, , ,70 89,6 9,86 9,86 0,06 0,06 0 L 06/8/0 687N-0- ORBITAL ATK ORD,0.000, 87.70,,8 0, 0 (89) 0 (89) 0 L 0// PATTERSON COMPANIES ORD 0, , ,00,8 0 9,00 0 (,800) 0 (,800) 0 L 09// Y-0- PAYPAL HOLDINGS ORD,90.000,78,6 9.70,78,6,6, ,00 0 6,00 0 L 0// PFIZER ORD 8, ,87,97.80,87,97,,87 0 8, , ,778 0 L 0// POST HOLDINGS ORD 6, , ,6, , 0, 0 L 08/7/0 79G-0- WASTE CONNECTIONS ORD A, , ,9 9,696 0,6 0,8 0,8 0 L /9/ RPC ORD,00.000,00,0 9.80,00,0 9,00 0,6 0,60 0,60 0 L 09/08/ RADIAN GROUP ORD, , ,97, ,79 0 9,79 0 L /0/ RAYMOND JAMES ORD, , ,97,9,8, , ,687 0 L /09/ RED HAT ORD 7, ,9, ,9,8,00, (6,) 0 (6,) 0 L 0/0/ REPUBLIC SERVICES ORD 0, , ,00,0,00,00 0 0, ,600 0 L 0/0/ REYNOLDS AMRICAN ORD 9, , ,08 90,67,07 8,7 0,8 0,8 0 L 0// ROPER TECHNOLOGIES ORD 9, ,806, ,806,67 608,6 0,89 0 (66,0) 0 (66,0) 0 L 0// T-0-7 RYMAN HOSPITALITY PROPERTIS REIT 6, , ,68 09,76,00 0, ,6 0 77,6 0 L 0/06/ SEI INVESTMENTS ORD 8, , ,688,7,70,67 0 (8,78) 0 (8,78) 0 L 08/0/06 78P-0-6 SLM ORD 0,0.000,8.00,8 66, ,6 0 78,6 0 L /0/ L-0- SALESFORCE.COM ORD 6, , ,8 78, (0,977) 0 (0,977) 0 L /9/06 796E-0- SALLY BEAUTY HOLDINGS ORD, ,00 6.0,00 7, (7,0) 0 (7,0) 0 L 0/07/ HENRY SCHEIN ORD, , ,98 9, (,680) 0 (,680) 0 L 07// SCHLUMBERGER ORD C,80.000,979, 8.90,979,,,,790,80 0,70 0,70 0 L 0// EW SCRIPPS CL A ORD 0, , ,00 90, ,00 0,00 0 L 0/06/ SCRIPPS NETWORKS INTERACTIV CL A ORD, , ,0 90, 0, ,90 0 9,90 0 L 07/07/008 87T-0-0 SENSIENT TECH ORD, , ,80 0,78 0,80 0,760 0,760 0 L 08/0/00 876P-0- SERVICENOW ORD,80.000,7, 7.0,7,,06, (7,870) 0 (7,870) 0 L 08/0/ SHERWIN WILLIAMS ORD, , ,8 0,99 0,07 0, 0, 0 L 0/0/06 800A-0- SIX FLAGS ENTERTAINMENT ORD 8, , ,666 88,77 0 0,87 0,99 0,99 0 L 08/0/ SONY ADR REP ORD C, , ,90 6,6 0,986 0,60 0,60 0 L 0/6/ SPIRIT AIRLINES ORD, , ,999 6, (68) 0 (68) 0 L /0/ STARBUCKS ORD 0, , ,68 6,96 0 8,07 0 (9,8) 0 (9,8) 0 L 06// STATE STREET ORD, , ,780,6,70 6,00 0 0,60 0 0,60 0 L 08/6/0 8688L-0-6 SURGICAL CARE AFFILIATES ORD 9, , ,86 6, (7,) 0 (7,) 0 L 0/0/ SYMANTEC ORD, , ,6 8,68 0,6 0 (8,8) 0 (8,8) 0 L /9/ TAKE TWO INTERACTIVE SOFTWARE ORD 0, , ,8, ,9 0 6,9 0 L 0/8/ TELEPHONE AND DATA SYSTEMS ORD, , ,880 8,6 0,08 0 7,0 0 7,0 0 L 0/0/0 880Q-0-9 TENCENT HOLDINGS ADR REP CL B ORD C 8, ,06.0 6,06 67,6 0,00 0 8,0 0 8,0 0 U 0/8/ TEXAS INSTRUMENTS ORD, ,8, ,8,0 689,86 0,000 0,000 0,000 0 L 0// TEXTRON ORD, , ,0 6, ,00 0 6,00 0 L 0// TIME WARNER ORD 8, ,668,0 96.0,668,0,6,8 0 6,80 0,0,680 0,0,680 0 L 08/06/ J-0-7 TRANSUNION ORD, , ,997, (,67) 0 (,67) 0 L // TREDEGAR ORD 0, , ,000 7,,00,00 0 0, ,800 0 L 0/0/ A-0-0 TWENTY FIRST CENTURY FOX CL B ORD 9,90.000,6,98 7.0,6,98,97,98 0 7,88 0 (,899) 0 (,899) 0 L // US BANCORP ORD 0, ,700.70,700 8,98,800 0,0 0 87, ,000 0 L 0/0/0 908D-0-7 ULTIMATE SOFTWARE GROUP ORD,0.000,,7 8.0,,7 7, (87,90) 0 (87,90) 0 L /0/ UNITED STATES CELLULAR ORD, ,09,000.70,09,000,06, ,70 0 7,70 0 L /6/0 9P-0- UNITEDHEALTH GRP ORD 6,60.000,09, ,09,6 797,67 0,6 0 6, ,996 0 L // VCA ORD 8, , ,7, ,069 0,069 0 L /8/ Q-0-9 VAIL RESORTS ORD, , ,86,6,90 6,99 0 7,8 0 7,8 0 L // VALSPAR ORD 6, , ,660 6,89 0,0 0 (,) 0 (,) 0 L 0/8/ VARONIS SYSTEMS ORD, , ,80 60, ,76 0 7,76 0 L 0/0/0 9P-0- VIACOM CL A ORD 7, ,09, ,09,00 80,9,00 7,800 0 (8,0) 0 (8,0) 0 L 0//00 986C-8-9 VISA CL A ORD,8.000,, ,,67 7,8 0 8,9 0, 0, 0 L 0/0/ VULCAN MATERIALS ORD, ,.0 0,,6 0,09 0, 0, 0 L 08//06 906L-0-9 WASTE MANAGEMENT ORD 8, , ,80 8,98 0,0 0 0,0 0 0,0 0 L 0/0/ WATTS INDUSTRIES A ORD 7, , ,00 6,7 0, , ,70 0 L 0// WELLS FARGO ORD 0, ,0,00.0,0,00,, , , ,000 0 L 0//0 9608T-0- WEX ORD, , ,60 9, , ,788 0 L 0// WHITEWAVE FOODS ORD, , ,000 77, L 08// WINGSTOP ORD 8, , ,0 9, ,6 0,6 0 L /0/ WYNN RESORTS ORD, , ,76 90,099 0,000 0,980 0,980 0 L 09//0

94 SCHEDULE D - PART - SECTION Showing all COMMON STOCKS Owned December of Current Year Codes 6 Fair Value 9 Dividends Change in Book/Adjusted Carrying Value Rate per 8 0 Current Year s 6 CUSIP Identification Description Code Foreign Number of Shares Book / Adjusted Carrying Value Share Used To Obtain Fair Value Fair Value Actual Declared but Unpaid Amount Received During Year Nonadmitted Declared But Unpaid Unrealized Valuation Increase/ (Decrease) Other-Than- Temporary Impairment Recognized Total Change in B./A.C.V. (-) Total Foreign Exchange Change in B./A.C.V. NAIC Market Indicator (a) Date Acquired 989M-0-0 XYLEM ORD, ,7,00 9.0,7,00,6,7 0, , ,00 0 L /0/ YAHOO! ORD, , ,00, ,0 0 8,0 0 L 0// YUM BRANDS ORD 7, , ,776, , 0 8, 0 L // P-0- ZIMMER BIOMET HOLDINGS ORD 7, , ,00,9,78 6,768 0,9 0,9 0 L 0/0/ V-0- ZOETIS CL A ORD,99.998,80,.0,80,,6,0 0, 0 8, ,999 0 L 09/08/06 G008W-0- ADIENT ORD D, , ,08 9, ,00 0 0,00 0 L 0//06 G077J-0-8 ALLERGAN ORD C, , ,0 790, (,00) 0 (,00) 0 L /0/06 G DELPHI AUTOMOTIVE ORD C, , ,00 7,77 0,60 0 (,877) 0 (,877) 0 L 08//06 G0-0- JOHNSON CONTROLS INTERNATIONAL ORD D,77.00,79,97.90,79,97,67,799,9 76,80 0 7,8 0 7,8 0 L /08/06 G78G-0-7 MALLINCKRODT ORD C, , ,80 890, (9,8) 0 (9,8) 0 L 0//06 G960L-0- MEDTRONIC ORD C 9,08.000,68,86 7.0,68,86,8,97 8,9,877 0 (09,9) 0 (09,9) 0 L 0/6/0 H TE CONNECTIVITY ORD C, , ,80 87,6 0,0 0,00 0,00 0 L 0//00 Y BROADCOM ORD D,0.000, , 6, (,7) 0 (,7) 0 L /9/ Industrial and Miscellaneous (Unaffiliated) 9,60,899 XXX 9,60,899 9,79, 9,6,0,6 0 9,880,9 0 9,880,9 0 XXX XXX Mutual Funds G9W-- IS EUR STOXX 0 UCITS ETF DIST,8.000,09,09.00,09,09 6,, ,0 0, 0, (,) U 0/0/0 G9Z-0- IS CORE FTSE00 UCITS GBP(DIST) ETF 90, ,8, ,8,9 8,,876 0, , 0 799, (,,6) U 0/0/0 Q879T-0-0 SPDR S&P/ASX 00,60.000,69,.90,69,,,989 0,9 0,9 0,9 (,7) U 0/0/ Mutual Funds 7,90,8 XXX 7,90,8 9,7,78 0 7,9 0,9,87 0,9,87 (,0,76) XXX XXX E Total Common Stocks 0,6,8 XXX 0,6,8 9,,9 9,6,,8 0,00,98 0,00,98 (,0,76) XXX XXX Total Preferred and Common Stocks 0,6,8 XXX 0,6,8 9,,9 9,6,,8 0,00,98 0,00,98 (,0,76) XXX XXX (a) For all common stocks bearing the NAIC market indicator U provide: the number of such issues 6, the total $ value (included in Column 8) of all such issues $ 9,0,77

95 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year E CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends Bonds - U.S. Governments 688K-DZ- G AP00 - RMBS 09//06 CITIGROUP GLOBAL MARKETS INC. XXX,,0,96,70,70 689R-ZT-7 G AQ - RMBS 0/0/06 Stephens Inc. XXX,067,80,76,09, 69E-P7-9 G AR766 - RMBS 08//06 JP MORGAN CHASE BANK N.A. XXX,07,80,86,7,06 60AR-RB-9 G RMBS 09/09/06 PERSHING LLC XXX,80,09,96,9, 6A-U7- G RMBS 0/0/06 Adjustment XXX,9,09,70,8,6 6A-VP- GN 78 - RMBS /6/06 GOLDMAN SACHS AND CO. XXX,699,86,0,6 9,7 69Q-QW-7 G RMBS 09/0/06 WELLS FARGO SECURITIES LLC XXX,080,7,98, P-6 UNITED STATES TREASURY 0/7/06 CANTOR FITZGERALD & CO. INC. XXX,,000,00,000 0,9 988-P8-7 UNITED STATES TREASURY /08/06 NOMURA SECURITIES INTL., FIXED I XXX 7,9,0 8,000,000 8, Bonds - U.S. Governments 6,0,77,809,06 7,79 Bonds - All Other Governments 00-DH-7 ALBERTA, PROVINCE OF 06/7/06 RBC DOMINION SECS INC XXX,,97,8,600, DM-6 ALBERTA, PROVINCE OF 06//06 RBC DOMINION SECS INC XXX,8,,,700,98 9-BR- COLOMBIA, REPUBLIC OF (GOVERNMENT) C 0//06 MERRILL LYNCH PIERCE FENNER XXX,0,0 97,000 9,6 668C-MU- DURHAM, REGIONAL MUNICIPALITY OF 06/7/06 RBC DOMINION SECS INC XXX,,68,8,600,8 -AF- HUNGARY, REPUBLIC OF (GOVERNMENT) C 0/6/06 CITIGROUP GLOBAL MARKETS INC. XXX,68,808,76,000,8 6Z-JT-7 MANITOBA, PROVINCE OF 09/6/06 RBC DOMINION SECS INC XXX 679,7 607,60,8 68-CC- MONTREAL, VILLE DE 06/9/06 RBC DOMINION SECS INC XXX 8,96 76,900, BL-0 NEW BRUNSWICK, PROVINCE OF 0/0/06 Adjustment XXX (7) AF-8 NEW BRUNSWICK, PROVINCE OF 06/0/06 RBC DOMINION SECS INC XXX 7,8 7,0 7, AJ-0 NEW BRUNSWICK, PROVINCE OF 06//06 RBC DOMINION SECS INC XXX,77,0,67,800,00 68-ZQ- ONTARIO, PROVINCE OF 06/7/06 RBC DOMINION SECS INC XXX 80,8 769,00 0,0 76Q-BR- PETROLEOS MEXICANOS C 09/0/06 Adjustment XXX 78,9 67,000,7 766L-BK-6 PETROLEOS MEXICANOS C 0/9/06 VARIOUS XXX,06,90,000, T-AA-7 SAUDI ARABIA, KINGDOM OF (GOVERNMENT) C 0/9/06 CITIGROUP GLOBAL MARKETS INC. XXX,,679,0, DA-7 TORONTO, CITY OF 06/9/06 RBC DOMINION SECS INC XXX,0,,09, DJ-8 TORONTO, CITY OF 06/0/06 RBC DOMINION SECS INC XXX 80,00 767, B-AA-8 MEXICO (UNITED MEXICAN STATES) (GOVERNME C 0//06 VARIOUS XXX,,98,,000 7, RC-8 VANCOUVER, CITY OF 06/9/06 RBC DOMINION SECS INC XXX,,67,8,7, C-UH-9 WATERLOO, REGIONAL MUNICIPALITY OF 0/07/06 RBC DOMINION SECS INC XXX,8,,, C-QQ- REGIONAL MUNICIPALITY OF YORK 09/6/06 RBC DOMINION SECS INC XXX,80,,8,600,8 9870C-QX-7 REGIONAL MUNICIPALITY OF YORK 06/0/06 RBC DOMINION SECS INC XXX 9,976 8,90,6 Y07-BJ-7 INDONESIA, REPUBLIC OF (GOVERNMENT) C 0/8/06 Deutsche Bank London XXX,70,90,0,000 6, Bonds - All Other Governments,,,66,0 68,98 Bonds - U.S. States, Territories and Possessions ( Guaranteed) 077J-D- CONNECTICUT ST 0/08/06 NATIONAL FINANCIAL SERVICES CO XXX,66,89,,000 0,8 077J-Y6- CONNECTICUT ST 0//06 MERRILL LYNCH PIERCE FENNER XXX,8,980,00, P-SL-7 PENNSYLVANIA ST 0/0/06 MORGAN STANLEY & CO INC, NY XXX,87,89,0,000, 997D-JP- WASHINGTON ST 07/8/06 VARIOUS XXX,8,99,660,000, Bonds - U.S. States, Territories and Possessions ( Guaranteed) 0,87,7 8,900,000 68, Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed) 008-VE- ADAMS & WELD CNTYS COLO SCH DIST NO 07J 0/0/06 Stifel Nicolaus & Co. XXX,,679,60,000 0,9 09-US-0 ALBUQUERQUE N MEX MUN SCH DIST NO 0 /08/06 JP MORGAN SECS INC., - FIXED INCOME XXX,78,70,000, VK- ALDINE TEX INDPT SCH DIST 06/0/06 VARIOUS XXX,697,,9,000, 089-MA- ALLENDALE MICH PUB SCH DIST 0/07/06 CORPORATE ACTION XXX,8,,800, AW-0 CARMEL IND LOC PUB IMPT BD BK 0/0/06 Stifel Nicolaus & Co. XXX,9,006,, F- CLINT TEX INDPT SCH DIST 0/0/06 US Bancorp Piper-DTC XXX,,79,690, SQ- COLUMBUS OHIO 0//06 MERRILL LYNCH PIERCE FENNER XXX,66,6,0, A- CONROE TEX INDPT SCH DIST 0/8/06 FUNB FUNDS II XXX,9,69,,000,89 76F-NP-9 DISTRICT COLUMBIA 0//06 VARIOUS XXX,7,0,90,000 8,008 76F-RJ-9 DISTRICT COLUMBIA 06/08/06 JPMORGAN CHASE BANK XXX,77,60,000, PE- HARRIS CNTY TEX 0//06 BARCLAYS CAPITAL INC FIXED INC XXX,6,60,000,000 8,70 00-TB- HARRIS CNTY TEX 0/0/06 Stifel Nicolaus & Co. XXX 6,76,7,0,000 6,88 97-L9- HAWAII CNTY HAWAII 0/0/06 MERRILL LYNCH PIERCE FENNER XXX,9,60,000, F- HOUSTON TEX 0//06 US Bancorp Piper-DTC XXX,,,89,000 8,99 -VU- HOUSTON TEX 0//06 BARCLAYS CAPITAL INC FIXED INC XXX,,78,00,000 6,8 7-VQ- LAMAR TEX CONS INDPT SCH DIST 0/0/06 RAYMOND JAMES & ASSOCIATES XXX,80,00,000,000, QT-9 TROY MICH CITY SCH DIST 0/0/06 BONY/VINING-SPARKS IBG A LTD P XXX,69,6,80,000 0,09 9-F7- UNIVERSITY CONN 0/07/06 JEFFERIES & COMPANY, INC. XXX,09,0,000,000 0

96 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year E. CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed),69,00,60,000 09,6 Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions AV-7 ALABAMA ST PUB SCH & COLLEGE AUTH 0/0/06 WELLS FARGO SECURITIES LLC XXX 0,06 60,000,9 08-TB-7 ALASKA ST INTL ARPTS REVS 06/07/06 VARIOUS XXX,6,97,00, U-LY-8 AMERICAN MUN PWR OHIO INC REV 09/0/06 RBC CAPITAL MARKETS XXX,66,,0, PJ- AUSTIN TEX ELEC UTIL SYS REV 0/0/06 BARCLAYS CAPITAL INC FIXED INC XXX,799 00,000,7 006U-AF- COMMERCE CALIF CMNTY DEV COMMN SUCCESSOR 0/06/06 VARIOUS XXX,88,78,, SK-0 CONNECTICUT ST SPL TAX OBLIG REV 06/0/06 WELLS FARGO SECURITIES LLC XXX 8,09 0, Q-7 DALLAS FORT WORTH TEX INTL ARPT REV //06 RAYMOND JAMES & ASSOCIATES XXX,87,800,000,000, -RM-0 DALLAS TEX AREA RAPID TRAN SALES TAX REV 0/0/06 MORGAN STANLEY & CO INC, NY XXX,09,,00, C-F9- ENERGY NORTHWEST WASH ELEC REV //06 BARCLAYS CAPITAL INC FIXED INC XXX,,680,000,000 0,000 WD-MZ- FH Q07 - RMBS /0/06 BAIRD (ROBERT W.) & CO. INC. XXX,0,,,870,007 EE-PP-9 FEDERAL FARM CREDIT BANKS FUNDING CORP 0/9/06 CANTOR FITZGERALD & CO. INC. XXX,,069,7,000,8 7G-AV-9 CMO - FH 6SC0 A 07/0/06 MERRILL LYNCH PIERCE FENNER XXX 9,6 900,000,87 7G-AW-7 CMO - FH 6SC0 A 07/0/06 MERRILL LYNCH PIERCE FENNER XXX,0,,00,000,66 7G-BC-0 FH 6SC0 A - CMO //06 MERRILL LYNCH PIERCE FENNER XXX,88,8,00,000,667 7G-BD-8 FH 6SC0 A - CMO //06 MERRILL LYNCH PIERCE FENNER XXX,9,99,900,000,69 8EQ-A-7 Federal National Mortgage Association 0//06 PERSHING LLC XXX,,0,87, EQ-A-7 RMBS - FN AL806 0/0/06 Adjustment XXX (,98) 0,98 8ER-G8-7 FN AL9 - RMBS 0//06 BAIRD (ROBERT W.) & CO. INC. XXX,,8,890,000,8 8ET-N- FN AL89 - RMBS /0/06 CITIGROUP GLOBAL MARKETS INC. XXX,66,7,,67,9 8WG-RK- FN AS RMBS /0/06 CITIGROUP GLOBAL MARKETS INC. XXX,0,070,6,996, 0L-SG-8 FN RMBS /07/06 BNP Paribas XXX,6,0,88,0,78 908H-AE- GREAT LAKES WTR AUTH MICH SEW DISP SYS R 0//06 CITIGROUP GLOBAL MARKETS INC. XXX,7,660,000, WG-9 HARRIS CNTY TEX 06/0/06 PERSHING LLC XXX,79,0,000, JB-7 HARRIS CNTY TEX CULTURAL ED FACS FIN COR 0/8/06 NATIONAL FINANCIAL SERVICES CO XXX,,,,000,70 -N-0 HOUSTON TEX UTIL SYS REV 0//06 BARCLAYS CAPITAL INC FIXED INC XXX,,880,000,000 9, C-GN- HOUSTON TEX UTIL SYS REV 06/7/06 VARIOUS XXX,998,,90,000,8 -KH- ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY R 09//06 BONY/VINING-SPARKS IBG A LTD P XXX,8,8 96,000 0, 70-E9-0 MARYLAND ST DEPT TRANSN CONS TRANSN 0/6/06 JP MORGAN SECS INC., - FIXED INCOME XXX,96,800,000, A-DU-8 METROPOLITAN TRANSN AUTH N Y REV 0/0/06 Unknown XXX 66,70 660,000,870 96A-KA- METROPOLITAN TRANSN AUTH N Y REV /07/06 Unknown XXX,90,000,708 96A-KC-0 METROPOLITAN TRANSN AUTH N Y REV /07/06 Unknown XXX 66,608 70,000, R-9 METROPOLITAN WASH D C ARPTS AUTH ARPT SY 06/6/06 US Bancorp Piper-DTC XXX 7,8,0 6,000,000 66,0 68-NW-8 NEW BRUNSWICK N J PKG AUTH REV 0//06 CITIGROUP GLOBAL MARKETS INC. XXX,0,800,00, B-CR- NEW JERSEY ECONOMIC DEV AUTH REV 0/0/06 JEFFERIES & COMPANY, INC. XXX,,0,000,000 6, 66-R-0 NEW JERSEY ST TRANSN TR FD AUTH 08/9/06 RAYMOND JAMES & ASSOCIATES XXX 6,76,000, A-DX-0 NEW YORK ST DORM AUTH SALES TAX REV ST S 0/06/06 GOLDMAN SACHS AND CO. XXX,967,0,000,000, A-EA-9 NEW YORK ST DORM AUTH SALES TAX REV ST S 08/0/06 NATIONAL FINANCIAL SERVICES CO XXX 6,9,00,000,000, EL-9 OREGON HEALTH SCIENCES UNIV REV 0/8/06 JP MORGAN SECS INC., - FIXED INCOME XXX,96,0,000, J-VG- OREGON ST FACS AUTH REV 0//06 CITIGROUP GLOBAL MARKETS INC. XXX,70,00,000, XT-7 PENNSYLVANIA ST UNIV 06/08/06 BARCLAYS CAPITAL INC FIXED INC XXX,8,780,000, C-AM- RANCHO CUCAMONGA CALIF REDEV AGY SUCCESS 07/9/06 HILLTOP SECURITIES XXX 68,88, KJ-7 SOUTH CAROLINA ST PUB SVC AUTH REV 0//06 PERSHING LLC XXX 79,9 600,000,0 877-W- SOUTH CENT CONN REGL WTR AUTH WTR SYS RE 06/6/06 JANNEY MONTGOMERY SCOTT INC XXX,67,60,000, EP- TENNESSEE VALLEY AUTHORITY 0/6/06 CANTOR FITZGERALD & CO. INC. XXX 99,76 90,000,9 99-K8-9 UNIVERSITY LOUISVILLE KY REVS 0/9/06 WELLS FARGO SECURITIES LLC XXX,60,9,0, QP-8 WESTMORELAND CNTY PA MUN AUTH MUN SVC RE 07//06 US Bancorp Piper-DTC XXX,7,90,000, D-QK- WISCONSIN ST HEALTH & EDL FACS AUTH REV 0/7/06 MORGAN STANLEY & CO INC, NY XXX,,60,000, Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions 96,90,678 8,76,6 8,96 Bonds - Industrial and Miscellaneous (Unaffiliated) 000G-AB- APT PIPELINES LTD C //06 LASALLE NATIONAL BANK XXX,987,900,000,000 0, R-CZ- AT&T INC 0//06 CORPORATE ACTION XXX 6,9 67,000,0 0006R-DL- AT&T INC 09/07/06 Unknown XXX,78,,6,000 9, 0087Y-AY- ABBVIE INC 0/0/06 VARIOUS XXX,7,89,7, EP-7 CMO/RMBS - ARMT 0B A 06/0/06 PERSHING LLC XXX,69,8,9,008, GS-9 ARMT 0A A - CMO/RMBS /0/06 CREDIT SUISSE SECURITIES (USA) XXX,86,9,6,0,70 009X-AU-8 AIR LEASE CORP 09/7/06 MERRILL LYNCH PIERCE FENNER XXX,090,9,00, R-AB- AIR LIQUIDE FINANCE SA C 09//06 HSBC Bank USA New York XXX,7,8,, AJ-8 ALEXANDRIA REAL ESTATE EQUITIES INC 06/0/06 RBC CAPITAL MARKETS XXX,89,9,900, S-AD- RMBS - CWALT-06OA-A 0/6/06 JANNEY MONTGOMERY SCOTT INC XXX,6,68,87,7 97

97 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year E. CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends 08M0-EB- AMERICAN EXPRESS CREDIT CORP //06 CITIGROUP GLOBAL MARKETS INC. XXX,70,7,70,000,8 06-CE-8 AMGEN INC //06 GOLDMAN SACHS AND CO. XXX,069,6,, AJ- ANHEUSER-BUSCH INBEV FINANCE INC C //06 VARIOUS XXX,77,88,70,000 0,769 0-AN-6 ANHEUSER-BUSCH INBEV FINANCE INC C //06 BNP PARIBAS SECURITIES BOND XXX,78,0,67,000,6 000-BG- AMSI 0W M - CMO/RMBS /0/06 PERSHING LLC XXX,66,9,90, F-AV- BB&T CORP //06 BNY CAPITAL MARKETS, INC. XXX,,898,7,000,88 06A-AR- BNP PARIBAS SA C /0/06 VARIOUS XXX 9,6 0, Q-DB- BP CAPITAL MARKETS PLC C /0/06 GOLDMAN SACHS AND CO. XXX,606,8,600,000,66 060G-FC-8 BANK OF AMERICA CORP //06 GOLDMAN SACHS AND CO. XXX,7,09,,000 7,0 060G-FX- BANK OF AMERICA CORP 08//06 MERRILL LYNCH PIERCE FENNER XXX 69,7 0,000, T- BANK OF MONTREAL 06/7/06 RBC DOMINION SECS INC XXX,,88,8,600 7, V-JN-6 BANK OF MONTREAL 06/0/06 VARIOUS XXX,00,007,798,9 0,8 0606F-AA- BANK OF NEW YORK MELLON CORP 0/6/06 JPMORGAN CHASE BANK XXX,9,0,9, K-0 The Bank of Nova Scotia 06/0/06 RBC DOMINION SECS INC XXX,0,6 998,70,0 098Y-AB-8 BLACKBIRD CAP AIRCRAFT LEASE SECURITIZAT C /0/06 MERRILL LYNCH PIERCE FENNER XXX,879,99,880, L-AU- BURLINGTON NORTHERN SANTA FE LLC //06 BNP PARIBAS SECURITIES BOND XXX 9,76 87,000,0 660-CT- CVS HEALTH CORP 0/6/06 BARCLAYS CAPITAL INC FIXED INC XXX,6,,0, R-BT-7 CAPITAL ONE NA //06 CITIGROUP GLOBAL MARKETS INC. XXX,788,06,8,000 8, 6676-BL- CHEVRON CORP /0/06 JEFFERIES & COMPANY, INC. XXX,,70,00, KN-0 CITIGROUP INC /0/06 US BANCORP INVESTMENTS INC. XXX,77,66,7,000, 70Q-AE- CITIZENS BANK NA 0/0/06 CREDIT SUISSE SECURITIES (USA) XXX,7,96,7, E-AE- CMBS - COMM LC6 D 0/0/06 SANDLER ONEILL + PART LP XXX,088,867,00,000,69 07A0-HW- COMMONWEALTH BANK OF AUSTRALIA C //06 GOLDMAN SACHS AND CO. XXX,8,6,00,000 9,66 -AR- CREDIT SUISSE GROUP FUNDING (GUERNSEY) L C //06 BARCLAYS CAPITAL INC FIXED INC XXX,7,,67,000,9 8V-AB-7 CROWN CASTLE INTERNATIONAL CORP //06 JEFFERIES & COMPANY, INC. XXX,8,0,70,000 6, AC-9 DOLLAR GENERAL CORP 08/8/06 BARCLAYS CAPITAL INC FIXED INC XXX,9,80,7,000,78 76U-CK- DOMINION RESOURCES INC /0/06 WELLS FARGO SECURITIES LLC XXX,0,70,00,000,9 6C-AR-6 DUKE ENERGY CORP 08/09/06 BARCLAYS CAPITAL INC FIXED INC XXX,,668,, G-AM-0 EXPRESS SCRIPTS HOLDING CO 06/09/06 GOLDMAN SACHS AND CO. XXX,0,6,0,000, XQ- FORD MOTOR CREDIT COMPANY LLC //06 HSBC Bank USA New York XXX,0,70,00,000 6,78 66Q-NA- GE CAPITAL INTERNATIONAL FUNDING CO //06 GOLDMAN SACHS AND CO. XXX,,98,00,000,7 6-AA-6 GSMS 060 A - CMO/RMBS //06 CITIGROUP GLOBAL MARKETS INC. XXX,088,7,00, G-VS-0 GOLDMAN SACHS GROUP INC //06 GOLDMAN SACHS AND CO. XXX 96,6 9,000 7,0 07H-SQ-7 HSBC BANK CANADA 06/0/06 RBC DOMINION SECS INC XXX 99,988 88,08 9, AQ- HSBC HOLDINGS PLC C //06 HSBC Bank USA New York XXX,0,060,000,000 8, AS- HARRIS CORP //06 CITIGROUP GLOBAL MARKETS INC. XXX,0,0,000,000 7,0 80Z-BP- HYDRO ONE INC 06/9/06 RBC DOMINION SECS INC XXX 76,0 76,6, AY-8 ING BANK NV C //06 MERRILL LYNCH PIERCE FENNER XXX,786,,6,000,708 N-KD-8 IMM 06 A - CMO/RMBS /8/06 VARIOUS XXX 97,00, CP-6 INTERNATIONAL PAPER CO //06 VARIOUS XXX,86,87,900,000,867 66H-JU- JPMORGAN CHASE & CO //06 GOLDMAN SACHS AND CO. XXX 96,6 87,000 6, Z-AB-8 JOHN DEERE CANADA FUNDING INC 06/9/06 RBC DOMINION SECS INC XXX,,8,9,700 0,0 7787Z-AE- JOHN DEERE CANADA FUNDING INC 09//06 RBC DOMINION SECS INC XXX 78,07 77,, 96B-AF-8 KINDER MORGAN INC /0/06 MILLENNIUM ADVISORS, LLC XXX,0 00,000 9,8 0L-AA-0 LABRADOR AVIATION FINANCE LTD - ABS C /08/06 THE BANK OF NEW YORK/MIZUHO SE XXX,7,,00, AR-9 LAM RESEARCH CORP 0//06 JPMORGAN CHASE BANK XXX,8,06,0, CS- Manulife Bank of Canada 06/9/06 RBC DOMINION SECS INC XXX,0,60,06,98 9, CW-6 MANULIFE BANK OF CANADA /9/06 RBC DOMINION SECS INC XXX,77,80,8 900U-ZZ- MLMI 0 A - CMO/RMBS /0/06 HILLTOP SECURITIES XXX 86, 868,6,8 998-BL-7 MICROSOFT CORP //06 MERRILL LYNCH PIERCE FENNER XXX 80,9 780,000, 998-BQ-6 MICROSOFT CORP //06 WELLS FARGO SECURITIES LLC XXX,6,8,7,000, 6087R-AE-0 MOLSON COORS BREWING CO 06/8/06 MERRILL LYNCH PIERCE FENNER XXX,0,88,0, Q-AQ-9 CMBS - MOTEL MTL6 D 0/8/06 DEUTSCHE BANK SECURITIES, INC. XXX,8,0,00, A-AD-6 MYLAN NV C 08//06 VARIOUS XXX,89,,8,000 6,0 689Z-AM- NAV CANADA 06/9/06 RBC DOMINION SECS INC XXX 98,990 97,880,6 69-AT- NEWELL RUBBERMAID INC 0//06 JPMORGAN CHASE BANK XXX,0,960,000,000 6, CJ- OCCIDENTAL PETROLEUM CORP //06 US BANCORP INVESTMENTS INC. XXX 677,8 67,000,6 688N-DW-0 CMO/RMBS - OPMAC 06 AC 0/0/06 PERSHING LLC XXX,679 6, X-BC-8 ORACLE CORP 0/07/06 JPMORGAN CHASE BANK XXX 8,79 8,000 7,6 6889X-BJ- ORACLE CORP //06 BARCLAYS CAPITAL INC FIXED INC XXX,0,90,00,000,6 69P-DY-6 OWNIT 06 AD - CMO 08/0/06 THE BANK OF NEW YORK/MIZUHO SE XXX,,000,000, Q-BR- PETROLEOS MEXICANOS C 09/0/06 Adjustment XXX (78,9) (67,000) (,7)

98 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year E. CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends FE-9 ROYAL BANK OF CANADA 09/9/06 RBC DOMINION SECS INC XXX 778,0 76,800, FX-7 ROYAL BANK OF CANADA 09/9/06 RBC DOMINION SECS INC XXX 9,06 78,00, GV-0 ROYAL BANK OF CANADA 06/0/06 RBC DOMINION SECS INC XXX,00,9 97,70 6, L-AA- SANTANDER UK PLC C /0/06 Adjustment XXX,77,9,70,000,7 887-CS- SOUTHERN CO /0/06 GOLDMAN SACHS AND CO. XXX,7,09,,000,087 86V-AG-0 SOUTHERN COPPER CORP C 0/08/06 JEFFERIES & COMPANY, INC. XXX 9,000,00,000, 866-AS-9 SOUTHERN POWER CO /0/06 THE BANK OF NEW YORK/MIZUHO SE XXX,,69,, AY-6 STANDARD CHARTERED PLC C 0//06 MERRILL LYNCH PIERCE FENNER XXX,68,8,7, AJ-8 STARBUCKS CORP 0/0/06 GOLDMAN SACHS AND CO. XXX,06,89,0, B-AJ- SYNCHRONY FINANCIAL 0/8/06 GOLDMAN SACHS AND CO. XXX 680, 67,000 8,9 8867A-AC- TEVA PHARMACEUTICAL FINANCE NETHERLANDS C 07/8/06 BARCLAYS CAPITAL INC FIXED INC XXX,,6,, BR- THERMO FISHER SCIENTIFIC INC 09//06 JPMORGAN CHASE BANK XXX,876,9,900, BB-0 TIME WARNER INC //06 PERSHING LLC XXX,86,70,00,000, MJ-9 TORONTO-DOMINION BANK /0/06 Adjustment XXX,7,769,7, Z-AB-9 TORONTO HYDRO CORP 06/9/06 RBC DOMINION SECS INC XXX 9,86 8,90,0 8900P-AG-8 TRANSURBAN FINANCE COMPANY PTY LTD C 09//06 JP MORGAN SECS INC., - FIXED INCOME XXX,0,99,0, AA- UNDER ARMOUR INC //06 CITIGROUP GLOBAL MARKETS INC. XXX,6,87,70, P-CP- UNITEDHEALTH GROUP INC /0/06 PERSHING LLC XXX 9,99 87,000,09 9V-BR- VERIZON COMMUNICATIONS INC //06 RBC CAPITAL MARKETS XXX,0,608,00,000,0 986C-AF-9 VISA INC //06 CITIGROUP GLOBAL MARKETS INC. XXX,09,7,07, F-AC- WMALT 06AR6 A - CMO/RMBS /0/06 BREAN CAPITAL, LLC XXX 7,667 8,60 997B-FY- WELLS FARGO & CO 08/6/06 WELLS FARGO SECURITIES LLC XXX 788,0 7,000 6,7 997Z-BN- WELLS FARGO FINANCIAL CANADA CORP 06/0/06 RBC DOMINION SECS INC XXX 8,76 767,900 9,8 997Z-BU-9 WELLS FARGO CANADA CORP 06/0/06 RBC DOMINION SECS INC XXX 807,76 766,00 8, AL-0 WEC ENERGY GROUP INC /0/06 JEFFERIES & COMPANY, INC. XXX,6,,00,000, 9806-AN- WOODSIDE FINANCE LTD C 09/09/06 VARIOUS XXX,88,77,80, Bonds - Industrial and Miscellaneous (Unaffiliated),9,9,8,08 70,06 Bonds - Hybrid Securities 0U-AB- BBVA BANCOMER SA C 09/0/06 Adjustment XXX,060,6,87,000, Bonds - Hybrid Securities,060,6,87,000, Bonds - Subtotals - Bonds - Part 8,9,76 7,87,70,76, Bonds - Summary item from Part for Bonds 6,690, 6,68,80, Bonds - Subtotals - Bonds 0,6,88 7,,0,77,6 Common Stocks - Industrial and Miscellaneous (Unaffiliated) ABIOMED ORD 06//06 JP Morgan, ,07 XXX Y-0- ACUITY BRANDS ORD 0/0/06 VARIOUS,0.000,8 XXX ACXIOM ORD //06 VARIOUS 9, , XXX T-0- ADVANSIX ORD 0/0/06 Unknown ,89 XXX K-0- ALPHABET CL A ORD 0/0/06 VARIOUS ,760 XXX AMAZON COM ORD /0/06 CITATION GRP/BCC CLRG-EQTY&MUN 0.000,7 XXX AMEDISYS ORD /9/06 VARIOUS,90.000, XXX AMERICAN EXPRESS ORD 0//06 VARIOUS, ,9 XXX ANADARKO PETROLEUM ORD 09/07/06 GABELLI & COMPANY, INC. 9, ,0 XXX ARISTA NETWORKS ORD 09/08/06 JP Morgan 7, ,6 XXX BAXTER INTERNATIONAL ORD /0/06 VARIOUS 0,70.000,06 XXX W-0- BERRY PLASTICS GROUP ORD /0/06 VARIOUS, ,6 XXX BOOZ ALLEN HAMILTON HOLDING CL A ORD 08/09/06 CREDIT SUISSE SECURITIES (USA), ,9 XXX BRISTOL MYERS SQUIBB ORD 0/6/06 LIQUIDNET, INC. 0, ,6,9 XXX 0 0L-0-9 CBRE GROUP CL A ORD 0//06 GOLDMAN SACHS AND CO.,00.000,7 XXX 0 66R-0- CST BRANDS ORD 08//06 GABELLI & COMPANY, INC. 0, , XXX CARLISLE COMPANIES ORD 0//06 CITATION GRP/BCC CLRG-EQTY&MUN ,9 XXX CELGENE ORD //06 VARIOUS, ,66 XXX CERNER ORD 06//06 JP Morgan 8,0.000,0,696 XXX 0 69P-0-8 Charter Communications, Inc. //06 VARIOUS, ,8 XXX CHEMTURA ORD 0/0/06 GABELLI & COMPANY, INC., ,670 XXX CINCINNATI BELL INC. 0/0/06 Unknown 6, ,70 XXX 0 7V-0- CINEMARK HOLDINGS ORD 0//06 VARIOUS, , XXX CITIGROUP ORD 0//06 G.RESEARCH-FIRST CLEARING, ,0 XXX 0 008V-0-8 COMMERCEHUB SRS A ORD 07//06 Unknown ,7 XXX 0 008V-0-6 COMMERCEHUB SRS C ORD 07//06 Unknown ,6 XXX 0 06P-0-8 CONSTELLATION BRANDS CL A ORD 0/6/06 BTIG LLC ,9 XXX 0 60N-0-9 COSTAR GROUP ORD /8/06 VARIOUS,09.000,7,9 XXX 0

99 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year E. CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends 8-0- DANAHER ORD 07/0/06 Unknown 8, ,606 XXX 0 906P-0-9 Dentsply Sirona Inc. 0/0/06 Unknown,8.00,9,90 XXX DEXCOM ORD /06/06 VARIOUS 8,0.000,906 XXX DIEBOLD ORD //06 VARIOUS, ,8 XXX 0 80Q-0- EDGEWELL PERSONAL CARE ORD 08//06 GABELLI & COMPANY, INC ,00 XXX 0 9B-0- EPAM SYSTEMS ORD 0/8/06 VARIOUS, ,0 XXX 0 00M-0- FACEBOOK CL A ORD 0/9/06 MKM PARTNERS ,9 XXX 0 60M-0-6 FIDELITY NATIONAL INFORMATN SVCS ORD /9/06 VARIOUS 6, ,0 XXX 0 99J-0-8 FORTIVE ORD 07/0/06 Unknown,7.00 0,9 XXX 0 07V-0-0 GUIDEWIRE SOFTWARE ORD 06//06 MACQUARIE SECURITIES (USA) INC 7, ,8 XXX 0 06M-0- HD SUPPLY HOLDINGS ORD //06 VARIOUS, ,066 XXX HARMAN INTERNATIONAL ORD //06 VARIOUS 6, ,80 XXX HARRIS ORD /0/06 VARIOUS, ,0 XXX 0 70L-0- HERC HOLDINGS ORD /0/06 GABELLI & COMPANY, INC. 0, ,7 XXX HOME DEPOT ORD /8/06 GOLDMAN SACHS AND CO ,6 XXX HONEYWELL INTERNATIONAL ORD 0/0/06 Unknown, ,0,07 XXX 0 980X-0-9 IPG PHOTONICS ORD 0/0/06 BERNSTEIN (SANFORD C) & CO. 7, ,690 XXX INTEGRA LIFESCIENCES HOLDINGS ORD //06 VARIOUS 8, ,09 XXX 0 866F-0- INTERCONTINENTAL EXCHANGE ORD /0/06 VARIOUS, ,09 XXX 0 60E-60- INTUITIVE SURGICAL ORD 0/8/06 VARIOUS ,99 XXX 0 88T-0-9 KAR AUCTION SERVICES ORD 0/8/06 VARIOUS, , XXX KANSAS CITY SOUTHERN ORD 07/9/06 VARIOUS 6, ,8 XXX 0 06P-0-9 LIBERTY EXPEDIA HOLD SRS A ORD /07/06 Unknown,0.000,0 XXX 0 07M-8-6 LIBERTY INTERACTIVE CORPORATION /07/06 Unknown, ,88 XXX LIBRTY MEDIA LRTY SIRIUSXM SRS A ORD 0/8/06 Unknown 8, ,7 XXX LIBRTY MEDIA LRTY SIRIUSXM SRS C ORD 0/8/06 Unknown 8, ,909 XXX LIBERTY MEDIA LIBERTY BRVS SRS A ORD 0/8/06 Unknown ,7 XXX LIBERTY MEDIA SRS C ORD 0/8/06 Unknown, ,089 XXX LIBERTY MEDIA SRS A ORD 0/8/06 Unknown, ,8 XXX LIBERTY MEDIA LIBERTY BRVS SRS C ORD 06/0/06 VARIOUS,.000 0,97 XXX LIONS GATE ENTERTAINMENT CL B ORD /08/06 Unknown,0.00 0,790 XXX J-0-0 MAXLINEAR CL A ORD 0//06 LIQUIDNET, INC., , XXX MICROSOFT ORD //06 VARIOUS 6, ,6 XXX MONDELEZ INTERNATIONAL CL A ORD //06 G.RESEARCH-FIRST CLEARING, ,6 XXX 0 67X-0-9 MONSTER BEVERAGE ORD 0//06 VARIOUS, ,67 XXX MYERS INDUSTRIES ORD 08//06 VARIOUS 0, , XXX NINTENDO ADR C //06 JONESTRADING INSTITUTIONAL SER 6, ,680 XXX 0 670H-0-7 O'REILLY AUTOMOTIVE ORD 0/9/06 VARIOUS, , XXX 0 687N-0- ORBITAL ATK ORD 0//06 VARIOUS, ,68 XXX 0 700Y-0- PAYPAL HOLDINGS ORD 0//06 VARIOUS,0.000,680 XXX 0 79G-0- WASTE CONNECTIONS ORD A /9/06 VARIOUS, ,,97 XXX RADIAN GROUP ORD /0/06 VARIOUS 6, ,7 XXX REYNOLDS AMRICAN ORD 0//06 VARIOUS 9, ,66 XXX SEI INVESTMENTS ORD 08/0/06 VARIOUS, ,8 XXX 0 78P-0-6 SLM ORD /0/06 VARIOUS, ,00 XXX L-0- SALESFORCE.COM ORD /9/06 VARIOUS, ,87 XXX SCHLUMBERGER ORD C 0/0/06 Unknown, ,87 XXX 0 876P-0- SERVICENOW ORD 08/0/06 VARIOUS,80.000,90 XXX SHERWIN WILLIAMS ORD 0/0/06 GOLDMAN SACHS AND CO , XXX 0 800A-0- SIX FLAGS ENTERTAINMENT ORD 08/0/06 VARIOUS 9, ,68 XXX SPIRIT AIRLINES ORD /0/06 VARIOUS, ,87 XXX STARBUCKS ORD 06//06 VARIOUS, ,06 XXX L-0-6 SURGICAL CARE AFFILIATES ORD 0/0/06 VARIOUS 0, ,80 XXX SYMANTEC ORD /9/06 VARIOUS 7, ,8 XXX TAKE TWO INTERACTIVE SOFTWARE ORD 0/8/06 VARIOUS, ,8 XXX 0 880Q-0-9 TENCENT HOLDINGS ADR REP CL B ORD C 0/8/06 GOLDMAN SACHS AND CO.,70.000,987 XXX J-0-7 TRANSUNION ORD //06 VARIOUS, ,69 XXX 0 900A-0-0 TWENTY FIRST CENTURY FOX CL B ORD //06 G.RESEARCH-FIRST CLEARING, , XXX 0 908D-0-7 ULTIMATE SOFTWARE GROUP ORD /0/06 VARIOUS, , XXX 0 9P-0- UNITEDHEALTH GRP ORD //06 VARIOUS, ,9 XXX VCA ORD /8/06 VARIOUS 9, ,86 XXX Q-0-9 VAIL RESORTS ORD //06 CITATION GRP/BCC CLRG-EQTY&MUN ,68 XXX 0

100 SCHEDULE D - PART Showing All Long-Term Bonds and Stocks ACQUIRED During Current Year CUSIP Identification Description Foreign Date Acquired Name of Vendor Number of Shares of Stock Actual Par Value Paid for Accrued Interest and Dividends VALSPAR ORD 0/8/06 GABELLI & COMPANY, INC. 6, ,89 XXX 0 986C-8-9 VISA CL A ORD 0/0/06 RBC CAPITAL MARKETS, ,99 XXX VULCAN MATERIALS ORD 08//06 VARIOUS , XXX T-0- WEX ORD 0//06 VARIOUS, ,768 XXX WHITEWAVE FOODS ORD 08//06 GABELLI & COMPANY, INC., ,00 XXX WINGSTOP ORD /0/06 VARIOUS, ,06 XXX YUM BRANDS ORD //06 VARIOUS 8, ,0 XXX V-0- ZOETIS CL A ORD 09/08/06 JP Morgan 7,00.000,9,6 XXX 0 G008W-0- ADIENT ORD D /0/06 Unknown, ,079 XXX 0 G077J-0-8 ALLERGAN ORD C /0/06 VARIOUS, , XXX 0 G DELPHI AUTOMOTIVE ORD C 08//06 GABELLI & COMPANY, INC., ,77 XXX 0 G0-0- JOHNSON CONTROLS INTERNATIONAL ORD D /0/06 VARIOUS,77.8,7,6 XXX 0 G78G-0-7 MALLINCKRODT ORD C 0//06 GABELLI & COMPANY, INC., ,99 XXX 0 Y BROADCOM ORD D /9/06 VARIOUS, , XXX Common Stocks - Industrial and Miscellaneous (Unaffiliated),07,8 XXX Common Stocks - Subtotals - Common Stocks - Part,07,8 XXX Common Stocks - Summary item from Part for Common Stocks,689,88 XXX Common Stocks - Subtotals - Common Stocks,896,76 XXX Common Stocks - Subtotals - Preferred and Common Stocks,896,76 XXX 0 E Totals 6,, XXX,77,6

101 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E CUSIP Identification F o r e i g n Disposal Date Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Description Name of Purchaser Bonds - U.S. Governments 678U-CN- RMBS - G AB777 /0/06 VARIOUS 7,0 7,0 9,66 6,8 0 (,869) 0 (,869) 0,966 0 (,9) (,9) 8,6 /0/0 678U-LA-9 RMBS - G AB7 /0/06 VARIOUS 7, 7,,9, 0 (,80) 0 (,80) 0 0, 0 (,089) (,089) 6,07 /0/0 679Q-PG-0 RMBS - G MA /0/06 VARIOUS 68,89 68,89 678,98 680,9 0 (,) 0 (,) 0 678,07 0 (9,68) (9,68),07 09/0/0 679Q-PJ- RMBS - G MA /0/06 VARIOUS 8,88 8,88 9,00 9,98 0, 0, 0 9,69 0 (87,88) (87,88) 6,89 09/0/0 688K-DZ- G AP00 - RMBS /0/06 VARIOUS 6,0 6,0 7,8 0 0 (8) 0 (8) 0 7,7 0 (,0) (,0) 0 0/0/0 689R-ZT-7 G AQ - RMBS /0/06 VARIOUS 89,660 89,660 0, ,7 0 (,) (,) 0 /0/08 69E-P7-9 G AR766 - RMBS /0/06 VARIOUS 8, 8, 9, () 0 () 0 9,69 0 (,0) (,0) 79 0/0/06 60AR-RB-9 G RMBS /0/06 VARIOUS 89, 89, 0, ,9 0 (6,7) (6,7) 60 /0/00 60C-TK-6 RMBS - GN 78 /0/06 VARIOUS,077,7,077,7,8,0,88, ,88,66 0 (0,99) (0,99) 0, 09//00 6A-U7- G RMBS /0/06 VARIOUS 0,86 0,86, , 0 (6,06) (6,06) 9 0/0/08 6A-VP- GN 78 - RMBS /0/06 Paydown,6,6 9, , 0 (,876) (,876) 0 0//00 69Q-QW-7 G RMBS /0/06 VARIOUS 6,789 6,789 66, () 0 () 0 66,00 0 (,6) (,6) 0/0/06 86H-YU-8 RMBS - SBA 070 /0/06 VARIOUS 0,0 0,0 0,0 0,9 0 (7) 0 (7) 0 0,96 0 (88) (88) 7 07// FF- UNITED STATES TREASURY /0/06 VARIOUS,8,000,8,000,66,,,88 0 (,88) 0 (,88) 0,8, ,67 0// H- UNITED STATES TREASURY /0/06 VARIOUS 0,07,00 0,7,9 9,988,7 9,98, 8,07,0 0, ,0,9 0 7,7 7,7 7,0 0// Bonds - U.S. Governments 0,0,76 0,6,0 0,60,8 9,,0 8,07 0, 0 8,60 0 0,97,886 0 (9,60) (9,60),099 XXX Bonds - All Other Governments 08P-BY- ALBERTA CAPITAL FINANCE AUTHORITY 06//06 Maturity,09,00,,000,67,0,896, 0 (6,690) 0 (6,690) 67,,6,97 (67,7) 0 (67,7) 67,0 06//06 09P-CT-8 CANADA HOUSING TRUST NO 06//06 Maturity 98,0 9,600,76,09 87,9 0 (6,) 0 (6,) 70,76,7, (09,0) 0 (09,0),76 06//06 68-CN-7 MONTREAL, VILLE DE //06 RBC DOMINION SECS INC,78,8,7,,88,070,7,06 0 (,86) 0 (,86) 68,668,67,8 (608,6) () (608,07),00 /0/ JJ-0 MUNICIPAL FINANCE AUTHORITY OF BRITISH C 06/0/06 Maturity,6,98,6,98,997,98,8,7 0 (,9) 0 (,9) 0,77,90,9 (6,0) 0 (6,0),8 06/0/06 NEWFOUNDLAND & LABRADOR, PROVINCE OF 0//06 Maturity 978,0 978,0,7, 96,76 0 (7,7) 0 (7,7) 78,60,7,06 (8,) 0 (8,),87 0//06 69-BD- 768-AP-7 PERU (THE REPUBLIC OF) C /07/06 Deutsche Bank London,79,60,0,000,98,60,87,998 0 (,99) 0 (,99) 0,8,006 0 (8,67) (8,67) 9,7 //0 766L-BK-6 PETROLEOS MEXICANOS C /0/06 VARIOUS,6,880,00,000,,9 0 0 (69) 0 (69) 0,,9 0 8,6 8,6,9 08/0/06 86P-AB-9 SPAIN, KINGDOM OF (GOVERNMENT) C 0/08/06 Not Available,7,80,00,000,96,0,98, ,98,00 0 9,0 9,0 7, 0/06/08 87-AB-8 POLAND, REPUBLIC OF (GOVERNMENT) C 0/9/06 VARIOUS,6,00,800,000,6,00,,0 0 (6,0) 0 (6,0) 0,0,7 0 0,77 0,77 8,9 0// CV- TORONTO, CITY OF 07/8/06 Maturity,9,600,6,00,60,68,6,00 0 (7,76) 0 (7,76) 6,6,08,78 (6,778) 0 (6,778) 7,7 07/8/ CX-8 TORONTO, CITY OF 09/7/06 Maturity 66,7 66,06 89,779 66,7 0 (,660) 0 (,660) 0,76 8,0 (7,) 0 (7,) 9,88 09/7/06 Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal MEXICO (UNITED MEXICAN STATES) (GOVERNME C 0/9/06 Barclays Bank,870,8,8,000,88,8,88, ,88,989 0,87,87,88 0//0 9086Q-BA- 9870C-PM- YORK, MUNICIPALITY OF 06/0/06 Maturity 96,8 96,8,, 97,80 0 (7,7) 0 (7,7) 0,09,,80 (,0) 0 (,0),87 06/0/ C-PN-0 REGIONAL MUNICIPALITY OF YORK 09/8/06 Maturity,,800,,800,09,7,6,69 0 (7,98) 0 (7,98) 07,6,9,8 (6,78) 0 (6,78) 68, 09/8/06 C707W-AZ- QUEBEC, PROVINCE OF 06/0/06 Maturity,,,08,9,066,9,,80 0,7 0,7 677,88,09,7 (78,9) 0 (78,9) 8,86 06/0/ Bonds - All Other Governments 7,7,78,98,68,0,97,8, 0 (9,06) 0 (9,06),9,906,86,7 (,90,9),77 (,068,6) 788,999 XXX Bonds - U.S. States, Territories and Possessions ( Guaranteed) 997B-SA- WASHINGTON ST 0/09/06 Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year JP MORGAN SECS INC., - FIXED INCOME,6,98,0,000,99,0,86, 0 (8,0) 0 (8,0) 0,78,009 0,98,98 9,660 07/0/0 MORGAN STANLEY & CO INC, NY,67,,890,000,689,6,0,088 0 (,96) 0 (,96) 0,87, 0 88,07 88,07 86,09 07/0/00 997C-UJ-7 WASHINGTON ST 0// L-Z-7 WISCONSIN ST 0//06 US Bancorp Piper-DTC,7,0,6,000,69,00,8,8 0 (7,) 0 (7,) 0,6,7 0 8,9 8,9 6, 0/0/ Bonds - U.S. States, Territories and Possessions ( Guaranteed),060,8,70,000,,996,79,08 0 (8,678) 0 (8,678) 0,0, ,78 60,78 87,09 XXX Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed) 7006-XP-9 CHIPPEWA VALLEY MICH SCHS /0/06 VARIOUS,,7,0,000,9,69,78,88 0 (9,77) 0 (9,77) 0,9,06 0 7,668 7,668 70, 0/0/00 60-KP-7 HAZEL PARK MICH SCH DIST 08//06 CITIGROUP GLOBAL MARKETS INC.,,09,0,000,,,86,687 0 (8,669) 0 (8,669) 0,78,09 0 6,07 6,07,9 0/0/0 760-HC- MASON MICH PUB SCHS DIST 07/7/06 JEFFERIES & COMPANY, INC.,00,70,70,000,098,8,968,909 0 (,0) 0 (,0) 0,96,69 0 0,00 0,00 6,6 0/0/0 NATIONAL FINANCIAL SERVICES CO,0,,00,000,,7,7,89 0 (6,88) 0 (6,88) 0,6,00 0 6, 6, 0,67 0/0/0 9F-NF- MIAMI-DADE CNTY FLA 07/8/ HE- PHILADELPHIA PA SCH DIST 0//06 RBC CAPITAL MARKETS,66,0,,000,6,7,87, ,88,07 0 8,6 8,6 98,7 09/0/0 760-Q- PORT HOUSTON AUTH TEX HARRIS CNTY 0/0/06 US Bancorp Piper-DTC,78,00,00,000,7,0,6,777 0 (8,8) 0 (8,8) 0,66,0 0 8, 8,,79 0/0/ GG-9 ST JOHNS MICH PUB SCHS 08/0/06 US Bancorp Piper-DTC,70,60,000,000,7,60,,778 0 (6,9) 0 (6,9) 0,9,69 0 0,8 0,8,806 0/0/ Bonds - U.S. Political Subdivisions of States, Territories and Possessions ( Guaranteed),98,878,0,000,8,78,98,6 0 (9,8) 0 (9,8) 0,89,70 0,06,08,06,08,97 XXX Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions AV-7 ALABAMA ST PUB SCH & COLLEGE AUTH /0/06 US Bancorp Piper-DTC,8,,00,000,798,70,789,709 0 (7,96) 0 (7,96) 0,78,7 0 7,0 7,0 6,87 0/0/06 0A-HC-7 0A-HT-0 CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV 0/0/06 US Bancorp Piper-DTC,8,9,0,000,9,68,87,77 0 (6,98) 0 (6,98) 0,80,76 0 0,7 0,7,60 /0/08 CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV 0/6/06 US Bancorp Piper-DTC,,6,00,000,70,77,66,79 0 (6,8) 0 (6,8) 0,9,99 0 9,0 9,0 9,08 /0/07 CHARLOTTE-MECKLENBURG HOSP AUTH N C HEAL 0/0/06 RBC CAPITAL MARKETS,079,6,800,000,979,60,97,8 0 (6) 0 (6) 0,97,6 0,76,76,0 0//0 608-QU- 968A-RD-9 COLORADO HEALTH FACS AUTH REV /0/06 Stifel Nicolaus & Co. 6,78,000 9,660 7,08 0 (6) 0 (6) 0 7,08 0 8,9 8,9,7 07/0/0 968A-S9-7 COLORADO HEALTH FACS AUTH REV 07/7/06 OPPENHEIMER & CO. INC.,0,80,000,000,8,70,,08 0 (7,90) 0 (7,90) 0,, ,9 97,9,6 //09 Stated Contractual Maturity Date

102 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E. CUSIP Identification F o r e i g n Disposal Date Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Description Name of Purchaser CLEARVIEW CORRESPONDENT 968A-WV- COLORADO HEALTH FACS AUTH REV /0/06 SRVS,LLC,67,,9,000,60,8,6,8 0 (,977) 0 (,977) 0,60,877 0,6,6,6 0/0/0 0-RC-0 CORPUS CHRISTI TEX UTIL SYS REV 0/0/06 Stifel Nicolaus & Co.,7,,0,000,,78,6,0 0 (9,8) 0 (9,8) 0,,66 0 8,67 8,67,7 07//0 CITIGROUP GLOBAL MARKETS 0-TA- CORPUS CHRISTI TEX UTIL SYS REV 0/0/06 INC.,0,8,70,000,897,006,8,6 0 (7) 0 (7) 0,8,9 0 67,999 67,999,088 07//0 Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year BARCLAYS CAPITAL INC FIXED INC,97,00,60,000,06,07,776,0 0 (,80) 0 (,80) 0,76,99 0 6,60 6,60, /0/00 77G-AL-9 DISTRICT COLUMBIA INCOME TAX REV 0//06 970C-E- ENERGY NORTHWEST WASH ELEC REV 0/0/06 OPPENHEIMER & CO. INC. 97,98 9,000 8,6 97,00 0 (,6) 0 (,6) 0 96, 0,76,76,9 07/0/0 8H-M- RMBS - FH G078 /0/06 VARIOUS 6,69 6,69 6,7 6,89 0 (60) 0 (60) 0 6,9 0 (960) (960), 07/0/0 8GP-QB- RMBS - FH E8670 //06 VARIOUS,086,086,0,08 0 () 0 () 0, /0/06 8GU-ZF- RMBS - FH E907 /0/06 VARIOUS 9,87 9,87 9,00 9,07 0 (8) 0 (8) 0 9,89 0 () () 07/0/07 8GU-ZG-0 RMBS - FH E907 //06 VARIOUS 6,8 6,8 6,90 6,8 0 () 0 () 0 6, /0/07 8K6-H-0 RMBS - FH A6 /0/06 VARIOUS,89,89,997, ,6 0,67, /0/0 8K6-NF- RMBS - FH A790 /0/06 VARIOUS,7,7,799,77 0 () 0 () 0,7 0 (96) (96) 9 0/0/0 8KS-M- RMBS - FH A679 /0/06 VARIOUS 6,6 6,6 67,86 66,86 0 () 0 () 0 66,7 0 (,7) (,7),7 06/0/07 8KT-Y- RMBS - FH A69 /0/06 VARIOUS,,,97, 0 () 0 () 0,090 0 (8) (8) 86 07/0/07 8LC-BF- RMBS - FH A788 /0/06 VARIOUS 9,98 9,98 9,707 9, ,89 0,088,088,8 06/0/08 8LX-FD-7 RMBS - FH G096 /0/06 VARIOUS,0,0,089, , /0/0 8LX-M8-0 RMBS - FH G08 /0/06 VARIOUS 9,97 9,97 96,0 9,7 0 (8) 0 (8) 0 9, 0 (6) (6),08 0/0/00 8M-N-6 RMBS - FH G0 /0/06 VARIOUS 98,8 98,8 97,9 97, , ,69 0/0/08 8M7-S-9 RMBS - FH G069 /0/06 VARIOUS 6,80 6,80 8,798 7,990 0 (9) 0 (9) 0 7,899 0 (,9) (,9) 6 08/0/0 8M7-S-6 RMBS - FH G060 /0/06 VARIOUS 6,0 6,0 8,807 7,80 0 (0) 0 (0) 0 7,70 0 (,0) (,0) /0/0 8MA-BR-9 RMBS - FH G0788 /0/06 VARIOUS 8, 8, 6,,99 0 (,0) 0 (,0) 0,96 0 (6,77) (6,77),79 0/0/0 8MJ-DT- RMBS - FH G08 /0/06 VARIOUS 7,7 7,7 77,87 76,70 0 (7) 0 (7) 0 76,67 0 (9) (9),7 0/0/06 8MT-VH-8 RMBS - FH H06 /0/06 VARIOUS 9,068 9,068 7,90 6, ,678 0,9,9,79 06/0/06 9-NN-8 RMBS - FH A8797 /0/06 VARIOUS 9,08 9,08,70,7 0 (0) 0 (0) 0, 0 (,68) (,68) 7,6 08/0/09 96-LX- RMBS - FH B0 /0/06 VARIOUS 96,00 96,00 98,7 96,7 0 () 0 () 0 96,609 0 (09) (09),89 0/0/09 96Q-TH- RMBS - FH A9 /0/06 VARIOUS,8,8,86,769 0 () 0 () 0,77 0 (9) (9) 68 /0/0 96U-YG-0 RMBS - FH A97 /0/06 VARIOUS 97,9 97,9, 0,7 0 () 0 () 0 0,0 0 (6,8) (6,8) 6,0 0/0/0 97C-JC- RMBS - FH A79 /0/06 VARIOUS,8,8,9,8 0 (0) 0 (0) 0,7 0 (7) (7) 7 07/0/0 97Q-UQ-0 RMBS - FH A09 /0/06 VARIOUS 7,98 7,98 8, 8,66 0 () 0 () 0 8,96 0 (6) (6) 70 0/0/0 97R-JE-8 RMBS - FH A66 /0/06 VARIOUS 76, 76, 76,079 7,6 0 () 0 () 0 7, ,0 07/0/0 07G-N-7 RMBS - FH J800 /0/06 VARIOUS,9,90,9,90,,9,6,09 0 (,68) 0 (,68) 0,, 0 (,06) (,06) 8,97 0/0/09 GL-B-7 RMBS - FH Q088 /0/06 VARIOUS 08,8 08,8,066 0,80 0 (,7) 0 (,7) 0 9,87 0 (0,90) (0,90) 6,6 /0/0 JB-LD- RMBS - FH Q98 /0/06 VARIOUS,96,96 9,006 8,8 0 (68) 0 (68) 0 8,6 0 (,870) (,870),70 06/0/0 QL-C- RMBS - FH Q08 /0/06 VARIOUS 9,68 9,68 7, 6,97 0 (,06) 0 (,06) 0, 0 (8,606) (8,606) 7,6 0/0/0 7K-T6-8 RMBS - FN 7 /0/06 VARIOUS 6,8 6,8 6,876 6,90 0 () 0 () 0 6,6 0 (8) (8) 0/0/07 7M-AS-6 RMBS - FN 77 /0/06 VARIOUS,8,8,6, , /0/00 7AU-PE- FHMS K0 A - CMBS //06 GOLDMAN SACHS AND CO.,0,70,,000,6,6,,006 0 (9,89) 0 (9,89) 0,0, 0 0,68 0,68 7,0 06//0 7AX-HP- FHMS K0 A - CMBS /0/06 GOLDMAN SACHS AND CO.,9,790,8,0,898,8,88,0 0 (,) 0 (,) 0,87, ,09 79,09 69,67 09//0 7G-AA- CMO/RMBS - FH-SC0-A /0/06 VARIOUS,9,98,9,98,,686,,8 0 (68) 0 (68) 0,,9 0 (9,) (9,) 0,60 0//0 7G-AC- CMO/RMBS - FH-SC0-A /0/06 VARIOUS 08,77 08,77,8 7, ,9 0 (9,6) (9,6) 9, 0//0 7G-AK- CMO - FH-SC0-A /0/06 VARIOUS 6,660 6,660 6,90 6,9 0 (70) 0 (70) 0 6, ,9 8,9 0,6 09//0 7G-AL- CMO - FH-SC0-A /0/06 VARIOUS 898,70 898,70 909,86 909,98 0 (,67) 0 (,67) 0 908, 0 (9,86) (9,86) 6, 09//0 7G-AV-9 FH 6SC0 A - CMO /0/06 VARIOUS 9,6 9,6 9, ,8 0 (,9) (,9) 7 07//06 7G-AW-7 FH 6SC0 A - CMO /0/06 VARIOUS 9,607 9,607 0, ,66 0 (8,09) (8,09),907 07//06 7G-BC-0 FH 6SC0 A - CMO/RMBS /0/06 Paydown 7,67 7,67 7, , //06 7G-BD-8 FH 6SC0 A - CMO/RMBS /0/06 Paydown,0,0, ,60 0 (80) (80) 0 0//06 89F-JT-0 RMBS - FN 607 /0/06 VARIOUS 7,0 7,0 6,976 6, , /0/0 8A8-YQ- RMBS - FN AH708 /0/06 VARIOUS 9,9 9,9 98, 89,0 0 (,77) 0 (,77) 0 86,7 0 (6,) (6,), 0/0/0 8AU-DE- RMBS - FN AJ800 /0/06 VARIOUS,0,0 6,8,96 0 () 0 () 0,8 0 (,89) (,89),8 /0/0 8AX-VR-9 RMBS - FN AJ60 /0/06 VARIOUS 7,66 7,66 88,09 89,0 0 (,690) 0 (,690) 0 87, 0 (,78) (,78) 6,0 /0/0 8EM-U- RMBS - FN AL8 /0/06 VARIOUS 0,67 0,67 9,6, 0 (6) 0 (6) 0,80 0 (,6) (,6) 9,70 0/0/0 8EM-W- RMBS - FN AL6 /0/06 VARIOUS 79,97 79,97 96, 9, , 0 (,76) (,76),9 0/0/0 8EQ-A-7 RMBS - FN AL806 /0/06 VARIOUS 99,9 99,9 0,8 0 0 () 0 () 0 0,6 0 (0,708) (0,708) 0,0 08/0/0 8ER-G8-7 FN AL9 - RMBS /0/06 VARIOUS,907,907 8, () 0 () 0 7,979 0 (,07) (,07) 7 08/0/06 8ET-N- FN AL89 - RMBS /0/06 Paydown,7,7, (6) 0 (6) 0,07 0 (,899) (,899) 0 08/0/06 8LT-JU- RMBS - FN AO97 /0/06 VARIOUS 79,7 79,7 8,8 8,8 0 (,069) 0 (,069) 0 80,7 0 (9,70) (9,70), 0/0/0 8WA-YX-9 RMBS - FN AS6 /0/06 VARIOUS 7,96 7,96 89,89 86,7 0 (,099) 0 (,099) 0 8,6 0 (0,696) (0,696),780 0/0/0 8WD-DQ- RMBS - FN AS70 /0/06 VARIOUS 7,796 7,796 96,006 9,69 0 (7) 0 (7) 0 9,89 0 (9,097) (9,097),89 /0/0 8WG-RK- FN AS RMBS /0/06 Paydown,7,7,6 0 0 () 0 () 0,9 0 (,9) (,9) 0 0/0/06 8XC-QW- RMBS - FN AV68 /0/06 VARIOUS 766,09 766,09 80,89 797,6 0 (,07) 0 (,07) 0 796,07 0 (9,66) (9,66) 0, /0/08 8XH-AE- RMBS - FN AV0 /0/06 VARIOUS 66,9 66,9 7,9 70,87 0 (,7) 0 (,7) 0 70,776 0 (9,7) (9,7) 9,7 /0/0 8XH-EX- RMBS - FN AV9 /0/06 VARIOUS,9,9 9,9,8 0 (,68) 0 (,68) 0,67 0 (9,70) (9,70) 8, 0/0/09 8XR-G- RMBS - FN AW09 /0/06 VARIOUS 0,9 0,9 8,680 78,9 0 (,00) 0 (,00) 0 7,6 0 (,0) (,0) 9,9 0/0/0 8YG-Y-0 RMBS - FN AY9 /0/06 VARIOUS 0,06 0,06 0,0 9,9 0 (,068) 0 (,068) 0 8,87 0 (6,808) (6,808) 7,60 0/0/0 8YL-KP- RMBS - FN AY660 /0/06 VARIOUS 96,706 96,706 0,67 09,66 0 (,8) 0 (,8) 0 08,6 0 (,) (,),6 0/0/0 90S-JT-9 RMBS - FN 667 /0/06 VARIOUS,7,7,900,87 0 (7) 0 (7) 0,86 0 () () 09/0/0 9E-W-0 CMO/RMBS - FN-070B-KB /0/06 VARIOUS,,,7,08 0 () 0 () 0,967 0 (,) (,), 0//0 Stated Contractual Maturity Date

103 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E. CUSIP Identification F o r e i g n Number of Shares of Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Disposal Description Date Name of Purchaser Stock Consideration Par Value Actual 0C-YK- RMBS - FN 7 /0/06 VARIOUS,70,70,099, , /0/0 0N-KJ-6 RMBS - FN 7897 /0/06 VARIOUS 9,97 9,97 0,97 0,6 0 (7) 0 (7) 0 0,8 0 (76) (76) 0 /0/0 0R-T- RMBS - FN 7970 /0/06 VARIOUS 7,86 7,86 7,98 7, 0 () 0 () 0 7, 0 () (),0 0/0/0 0X-Y-8 RMBS - FN 769 /0/06 VARIOUS 8,7 8,7 8,9 8, 0 (7) 0 (7) 0 8, , 08/0/09 0M-MV-7 RMBS - FN 7767 /0/06 VARIOUS,8,8 6,87 6,8 0 (7) 0 (7) 0 6, 0 (07) (07) 09 0/0/0 0M-QS-0 RMBS - FN 7776 /0/06 VARIOUS 67,97 67,97 69,60 68,9 0 () 0 () 0 68, 0 (68) (68) 69 0/0/0 0U-NG-0 RMBS - FN /0/06 VARIOUS 7,7 7,7 7,06 7,66 0 () 0 () 0 7, /0/0 06N-K8-6 RMBS - FN 899 /0/06 VARIOUS,0,0 0,0 0,09 0 (6) 0 (6) 0 9,77 0 (,70) (,70),0 0/0/0 07J-Q- RMBS - FN 807 /0/06 VARIOUS 7,7 7,7 6,99 6,80 0 () 0 () 0 6, ,8 0/0/0 0C-JK-9 RMBS - FN /0/06 VARIOUS,8,8,,67 0 (77) 0 (77) 0,70 0,96 0/0/0 0G-TY-9 RMBS - FN /0/06 VARIOUS 66,99 66,99 68,68 67,70 0 (76) 0 (76) 0 67,69 0 (,00) (,00),766 /0/07 Q-XB-0 RMBS - FN 97 /0/06 VARIOUS,0,0,8,96 0 (,7) 0 (,7) 0,800 0 (7,767) (7,767) 9,7 /0/09 6B-N- RMBS - FN 99 /0/06 VARIOUS,7,7 6,90 8,0 0 (80) 0 (80) 0 7,90 0 (6,779) (6,779), 07/0/06 6B-ZK-7 RMBS - FN 996 /0/06 VARIOUS 7,0 7,0 7,8 77,0 0 () 0 () 0 76,90 0 (,600) (,600),97 0/0/08 6Y-NS- RMBS - FN AB00 /7/06 VARIOUS,7,800,,786,,,,708 0 (,06) 0 (,06) 0,09,69 0 6,09 6,09 76,76 06/0/0 7A-RY-7 RMBS - FN AB0 /0/06 VARIOUS,9,9,7 7,60 0 (,66) 0 (,66) 0,7 0 (0,7) (0,7) 9,6 /0/0 7E-DM-0 RMBS - FN AB707 /0/06 VARIOUS,06,,06,,,9,,0 0 (7,88) 0 (7,88) 0,7,0 0 (,78) (,78) 0,90 /0/0 8A-JJ-8 RMBS - FN MA6 /0/06 VARIOUS,00,8,00,8,7,,70,799 0 (8,7) 0 (8,7) 0,6,6 0 (6,0) (6,0),9 09/0/0 8A-JY- RMBS - FN MA78 /0/06 VARIOUS,00,,00,,7,79,9, 0 (,809) 0 (,809) 0,89,7 0 (89,0) (89,0),86 09/0/0 8M-JP-8 RMBS - FN AD069 /0/06 VARIOUS,8,8 0,00 8, 0 (8) 0 (8) 0 8,00 0 (,60) (,60),79 08/0/07 8M-JQ-6 RMBS - FN AD070 /0/06 VARIOUS 6,97 6,97 0,77 9, 0 (78) 0 (78) 0 9, 0 (,7) (,7),09 0/0/0 8M-JT-0 RMBS - FN AD07 /0/06 VARIOUS,90,90 7,766 6,68 0 () 0 () 0 6,6 0 (,6) (,6),08 0/0/0 8Q-M- RMBS - FN AD0 /0/06 VARIOUS 8,888 8,888,798, 0 (9) 0 (9) 0 0,897 0 (,009) (,009) 8,97 0/0/00 9L-ZX- RMBS - FN AE977 /0/06 VARIOUS 80, 80, 80,8 87, ,809 0,, 7,6 /0/00 0H-GH-9 ILLINOIS FIN AUTH REV 0/0/06 RAYMOND JAMES & ASSOCIATES,8,9,0,000,9,06,6,60 0 () 0 () 0,6,98 0 7,09 7,09 7,766 //06 0H-R7-9 ILLINOIS FIN AUTH REV 0/06/06 CITIGROUP GLOBAL MARKETS INC.,86,80,000,000,6,60,,67 0 (8,668) 0 (8,668) 0,6, ,0 60,0 0,6 //00 66C-ZU- JEA FLA ELEC SYS REV 0/9/06 US Bancorp Piper-DTC,,07,86,000,0,790,9,7 0 (,688) 0 (,688) 0,99,8 0 0,90 0,90,60 0/0/0 US BANCORP INVESTMENTS 698-JV-9 JACKSONVILLE FLA SALES TAX REV 0/0/06 INC.,,06,00,000,99,788,0,89 0 (,) 0 (,) 0,9,7 0 8,0 8,0,8 0/0/ FU- JACKSONVILLE FLA SPL REV 0/06/06 UBS SECURITIES LLC, STAMFORD,799,00,000,000,97,0,69,76 0 (,97) 0 (,97) 0,689, ,87 09,87,6 0/0/0 600P-AS-7 MAINE EDL LN AUTH STUDENT LN REV /0/06 0.8,000,000,,09 0 () 0 () 0,00 0 (0) (0),88 /0/07 78U-CE-6 MASSACHUSETTS ST DEV FIN AGY REV 0/06/06 MORGAN STANLEY & CO INC, NY,9,780,000,000,,80,067,90 0 (,) 0 (,) 0,06, , 8, 7,708 0/0/0 99R-8P- METROPOLITAN TRANSN AUTH N Y REV 0/0/06 Unknown 866,90 88, ,8 866, , ,8 // D- METROPOLITAN WASH D C ARPTS AUTH ARPT SY 08//06 US Bancorp Piper-DTC,9,88,,000,07,0,77,7 0 (7,) 0 (7,) 0,9,9 0 69,9 69,9,0 0/0/0 969-Q9- MICHIGAN ST TRUNK LINE 0/0/06 JEFFERIES & COMPANY, INC.,09,,,000,79,7,88,6 0 (6,8) 0 (6,8) 0,8,66 0 6,867 6,867, /0/ BH-8 MICHIGAN ST TRUNK LINE FD 06/9/06 OPPENHEIMER & CO. INC.,78,6,00,000,77,0,6,9 0 (,99) 0 (,99) 0,67,99 0 8,06 8,06,97 /0/00 NEW JERSEY ECONOMIC DEV AUTH LEASE JANNEY MONTGOMERY SCOTT 677F-BQ-7 REV 07/8/06 INC,87,,00,000,7,00,68,70 0 (,8) 0 (,8) 0,670, 0 7, 7, 7,9 06//0 NATIONAL FINANCIAL 669-A- NEW JERSEY ST TPK AUTH TPK REV /0/06 SERVICES CO,70,80,000,000,,0,,6 0 (,6) 0 (,6) 0,,0 0 6,8 6,8 8,7 0/0/08 NEW YORK ST ENVIRONMENTAL FACS CORP NATIONAL FINANCIAL 6986A-P- ST C 0/0/06 SERVICES CO,967,99,60,000,8,7,79,00 0 (7,6) 0 (7,6) 0,78,77 0 8,9 8,9,88 06//0 NEW YORK ST DORM AUTH ST PERS 6990-R- INCOME TAX 0/0/06 PERSHING LLC,0,0,9,000,9,86,86,9 0 (,60) 0 (,60) 0,8, ,998 79,998 98,0 0//00 NEW YORK ST DORM AUTH ST PERS JP MORGAN SECS INC., E-DG-9 INCOME TAX /0/06 FIXED INCOME,68,80,,000,7,80,9,87 0 (,79) 0 (,79) 0,8,7 0 6,7 6,7 8,7 //07 68D-NA- NORTH CAROLINA MED CARE COMMN HEALTH CAR /0/06 US BANCORP INVESTMENTS INC.,,667,790,000,67,86,9, 0 (,8) 0 (,8) 0,6, ,70 0,70 8,988 /0/ H-JG-7 OHIO ST TPK COMMN TPK REV 0/0/06 NATIONAL FINANCIAL SERVICES CO,6,0,060,000,8,68,70,6 0 (6,69) 0 (6,69) 0,6, ,06 9,06 66,09 0//0 OKLAHOMA DEV FIN AUTH HEALTH SYS 6788X-BN-6 REV 0/0/06 PERSHING LLC 68,6 00,000 90, 8,8 0 (,709) 0 (,709) 0 8, 0 6, 6, 8, 08// TR-0 ORLANDO & ORANGE CNTY EXPWY AUTH FLA EXP /0/06 HUTCHINSON, SHOCKEY, ERLEY,67,,8,000,69,9,60,79 0 (,868) 0 (,868) 0,60, , 69, 0,78 07/0/0 709-H- PENNSYLVANIA ST TPK COMMN TPK REV 0/06/06 PERSHING LLC,6,80,000,000,,00,6,7 0 (70) 0 (70) 0,60,70 0 7,80 7,80 6,667 /0/ K- PENNSYLVANIA ST TPK COMMN TPK REV 0/06/06 US Bancorp Piper-DTC,799,060,0,000,677,0,6,0 0 (68) 0 (68) 0,6,77 0 6, 6, 8,89 /0/0 PHOENIX ARIZ CIVIC IMPT CORP TRAN MORGAN STANLEY & CO INC, 7889-BD- EXCISE 0//06 NY,7,60,00,000,7,6,66,69 0 (8,98) 0 (8,98) 0,6, ,898 87,898 7,08 07/0/00 Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year NATIONAL FINANCIAL SERVICES CO,6,60,000,000,,89,07,67 0 (8,78) 0 (8,78) 0,06,9 0 97, 97, 8,06 09//0 78W-EA-8 PORT AUTH N Y & N J /0/06 SAN DIEGO CALIF PUB FACS FING AUTH 7970A-JF-6 SWR R 0/0/06 US Bancorp Piper-DTC,80,,,000,78,9,7, 0 (6,77) 0 (6,77) 0,7, 0 78,89 78,89 7,9 0//07 9G-RV-9 UNIVERSITY CALIF REVS 07/7/06 JEFFERIES & COMPANY, INC.,6,9,0,000,6,9,8,6 0 (7,6) 0 (7,6) 0,67, ,9 89,9, 0// Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions 0,,0 9,8,0 0,76,89 99,97, 0 (9,0) 0 (9,0) 0 00,66,98 0,79,08,79,08,8,0 XXX Stated Contractual Maturity Date

104 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E. F o r e CUSIP Identification Description i g n Bonds - Industrial and Miscellaneous (Unaffiliated) Disposal Date Name of Purchaser Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year TORONTO DOMINION SECS USA INC 89,7 8,000 8,9 8, ,967 0,78,78 6,068 0/0/ D-AE-0 ABN AMRO BANK NVABRGPYNLNL C //06 000J-AK- ADT CORP 0/0/06 VARIOUS,0,000,000,000,07,00,09,9 0 (67) 0 (67) 0,08,7 0 (,7) (,7) 8,889 0//0 0006R-BA-9 AT&T INC 0/0/06 Unknown,78,,7,000,9,86,99,7 0 (,687) 0 (,687) 0,96,79 0 6,8 6,8 69,7 08//0 00C-GQ- RMBS - AMT-0-M /0/06 VARIOUS 6,09 6,09 8,7 6,09 0 () 0 () 0 6,090 0,7 06//0 0087Y-AJ-8 ABBVIE INC 0/09/06 VARIOUS,,89,,000,7,9,, ,,8 0 9,7 9,7,8 /06/ Y-AQ- ABBVIE INC 0//06 JEFFERIES & COMPANY, INC. 866,9 87,000 87,69 87, ,7 0 (7,06) (7,06),77 0//0 0007U-AP-6 ACTAVIS FUNDING SCS C 09//06 JPMORGAN CHASE BANK,9,9,,000,,9,, ,,9 0 8,6 8,6 7, 0// EP-7 CMO/RMBS - ARMT 0B A /0/06 VARIOUS,96,96, ,0 0,,,96 0// GS-9 ARMT 0A A - CMO/RMBS /0/06 VARIOUS 7,607 7,607, (9) 0 (9) 0,97 0,690,690 06//0 07-AC- ALEXANDRIA REAL ESTATE EQUITIES INC 06/0/06 WELLS FARGO SECURITIES LLC,,7,0,000,8,98,9, 0 0 0,9,69 0 7,906 7,906 9, 0/0/0 BARCLAYS CAPITAL INC FIXED INC,7,00,,000,0,608,, ,,78 0,, 8,6 06//0 07-AD- ALEXANDRIA REAL ESTATE EQUITIES INC 06/0/06 0-AE-0 ALTERA CORP //06 WELLS FARGO SECURITIES LLC,07,60,000,000,989,80,99,789 0,8 0,8 0,99,69 0,9,9 0,9 //08 06S-AD- RMBS - CWALT-06OA-A /7/06 VARIOUS 99,077 9,9 0, , 0, 0 07,0 0 (7,967) (7,967) 880 //06 0-AH-9 AMAZON.COM INC /0/06 PERSHING LLC,7,,0,000,,07,7, ,7,76 0 (8) (8),070 /9/07 080Z-AL-0 AMERICAN EXPRESS CANADA CREDIT CORP 06/0/06 Maturity,,67,68,90,9,,9,8 0 (,8) 0 (,8),80,86,6, (9,77) 0 (9,77) 6,06 06/0/ AX-7 AMERICAN EXPRESS CO //06 PERSHING LLC,06,0,000,000,00,0,00,707 0 (,00) 0 (,00) 0,00,08 0 0, 0, 9,088 08/8/ BF- AMERICAN EXPRESS CO 0//06 GOLDMAN SACHS AND CO. 980,8 97,000 96,8 96, , 0 7,87 7,87,69 /0/0 06-BL- AMGEN INC 0/6/06 MERRILL LYNCH PROF CLRING CORP 77,07 70,000 79,8 79, ,88 0 7, 7,,76 // AN-0 ANGLO AMERICAN CAPITAL PLC C /0/06 BARCLAYS CAPITAL INC FIXED INC,79,8,80,000,86,87,860,76 0 (6) 0 (6) 0,860,9 0 (80,80) (80,80), 0//00 0T-AN-8 ANHEUSER-BUSCH INBEV NV C //06 GOLDMAN SACHS AND CO.,,86,0,000,,99,6, ,7,7 0 0,90 0,90 86,70 0//00 098L-AM-6 ARCELORMITTAL SA C 0/0/06 JP MORGAN SECS INC., - FIXED INCOME 608,0 60,000 79,6 6,7 99,0 (,68) 0 97, ,6 0 (,7) (,7),8 06/0/09 060N-AB-0 AT&T INC 09/8/06 VARIOUS,,6,000,000,,70,8,8 0 (,89) 0 (,89) 0,6,08 0 9,0 9,0,8 09/0/00 00-AD- AUTOMATIC DATA PROCESSING INC //06 CITIGROUP GLOBAL MARKETS INC.,96,77,90,000,98,6,98, ,98,66 0 7,0 7,0,06 09//00 079T-G-7 BNP PARIBAS SA C /0/06 GOLDMAN SACHS AND CO. 6,8 600,000 9,696 9, ,86 0 9,998 9,998, 0//0 060F-AA- CMBS - BWAY A /0/06 VARIOUS 77,77 77,77 79,69 79,00 0 (00) 0 (00) 0 78,90 0 (,7) (,7),87 0/0/0 MERRILL LYNCH PIERCE 060G-EM-7 BANK OF AMERICA CORP 0/0/06 FENNER 799,9 68,000 7,88 7,9 0 (,69) 0 (,69) 0 709, ,70 89,70,68 0//0 060G-FH-7 BANK OF AMERICA CORP //06 FIRST TENNESSEE SECURITIES CORP 0,8 00,000 99,8 99, ,88 0,99,99,060 08/6/0 MERRILL LYNCH PIERCE FENNER 680,89 680, ,76 676, ,9 0,700,700,6 0//06 060G-FL-8 BANK OF AMERICA CORP // SP-0 BANK OF MONTREAL 08/0/06 Maturity,0 6,0 677,0 07,99 0 (,98) 0 (,98) 9,80 66,9 (0,69) 0 (0,69),9 08/0/ G7-6 BANK OF NOVA SCOTIA //06 RBC DOMINION SECS INC,,987,9,967,6,0,098, 0 (7,) 0 (7,) 6,8,7,089 (0,80) (00) (0,0) 0, /0/ K-XK- BARCLAYS BANK PLC C 0/9/06 Maturity,000,000,000,000,000,000,000, ,000, ,0 0/9/ AQ- BARRICK GOLD CORP /0/06 DEUTSCHE BANK SECURITIES, INC. 80,68 89, ,86 79, 0,8 0,8 0 79,0 0 8,7 8,7 0,80 0/0/0 0777M-AB-9 BAXALTA INC C /06/06 VARIOUS,67,,60,000,60,7,60, ,60,6 0,76,76 60,98 06//0 CREDIT SUISSE SECURITIES 077E-AG-8 BAYER US FINANCE LLC 0/0/06 (USA), 00,000 96,0 96, ,96 0 6,68 6,68, 0/08/0 MERRILL LYNCH PROF CLRING CORP,0,89,90,000,69,80,086,98 0 (,90) 0 (,90) 0,0, ,986 8,986 0,98 0/0/09 89T-BC-7 BURLINGTON NORTHERN SANTA FE CORP //06 6N-AH- CMBS - COMM KYO F 06//06 Direct,000,000,000,000,99,8,997,86 0,9 0,9 0,000, ,76 06// BP- CVS CORP /0/06 VARIOUS 8,86 8,86 8,8 8, ,7 0,88,88, /0/08 66C-AH- CMO/RMBS - CMFC-06A-A /0/06 VARIOUS,70,69 8,77 0,80 7,07 () 0 7,0 0 7,8 0 (,8) (,8), 09//06 70T0-XN- CITIGROUP FUNDING INC 0//06 Redemption,000,000,000,000,000,000,000, ,000, ,00 0/9/0 07R-AD- COMMONWEALTH BANK OF AUSTRALIA (NEW YORK C //06 PERSHING LLC,9,96,70,000,68,8,69, ,69,89 0,76,76 6,7 09/0/08 BARCLAYS CAPITAL INC FIXED 686C-AD- RABOBANK NEDERLAND C 0/6/06 INC,0,8,080,000,079,060,079, ,079,80 0,, 9,8 0/9/07 7-AJ- COUNTRYWIDE FINANCIAL CORP 0/6/06 Maturity,,000,,000,76,7,6,96 0 (0,96) 0 (0,96) 0,, ,06 0//06 7P-AC-7 ABS - CPM-0-A 0/6/06 Direct,0,0,09,0 0 () 0 () 0,09 0 (8) (8) 0 //0 7P-AC-7 ABS - CPM-0-A //06 Direct 0,8 0,8 0,0 0,78 0 () 0 () 0 0,8 0 (0) (0),88 //0 V-AE-7 DCP MIDSTREAM OPERATING LP 0/8/06 JPMORGAN CHASE BANK,,000,00,000,9,006,08,90, ,77 0,9,7 0 (70,7) (70,7),70 0/0/09 CREDIT SUISSE SECURITIES (USA) 688,00,700,000,69,900 6,000,,68 8 0,,686 0,69,686 0 (,007,86) (,007,86), 0/0/0 796-AD- DENBURY RESOURCES INC 0/09/06 9H-AW- DIRECTV HOLDINGS LLC 0//06 Unknown 6,9 67,000 67, 67, ,76 0 (,86) (,86) 8,60 0//0 9H-BG-9 DIRECTV HOLDINGS LLC 0//06 Unknown 9,67 00,000 07,99 07,86 0 () 0 () 0 07,88 0 (,) (,),66 0//0 68P-DE- WALT DISNEY CO 0/6/06 VARIOUS,,9,00,000,09,0,09, ,09,86 0 8,688 8,688 7,6 09/7/00 6-BT- E I DU PONT DE NEMOURS AND CO //06 BAIRD (ROBERT W.) & CO. INC. 7,6 00,000 99,8 99, ,96 0 7,0 7,0,667 07//08 688A-AZ-6 ERP OPERATING LP 0/0/06 Not Available 0,68 9,000 9,880 9, ,8 0 7, 7,,77 //0 Stated Contractual Maturity Date

105 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E. F o CUSIP Identification Description r e i g n Disposal Date Name of Purchaser Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year Stated Contractual Maturity Date 7876G-BE-7 ECHOSTAR DBS CORP 0/0/06 Maturity,00,000,00,000,78,70,0,8 0 (,8) 0 (,8) 0,00, ,8 0/0/06 TORONTO DOMINION SECS USA 7886-AK-6 ECOLAB INC /7/06 INC,7,8,70,000,67,089,69, 0 0 0,69,966 0,87,87,60 /08/06 BARCLAYS CAPITAL INC FIXED INC,80,8,70,000,77,78,7,67 0,7 0,7 0,7,7 0 7,6 7,6,09 0/0/0 97R-AY- ENERGY TRANSFER PARTNERS LP 09//06 96U-AC- ENLINK MIDSTREAM PARTNERS LP 0/0/06 JPMORGAN CHASE BANK 79,000,00,000,0,0,0,0 0 () 0 () 0,0,797 0 (,797) (,797), 0/0/0 98Q-AD- ENSCO PLC C 0//06 GOLDMAN SACHS AND CO. 6,70 87,000,709 87, ,8 (8,08) 0, ,0 9,0,9 0/0/0 0A-BJ- CMBS - ESA ESH A7 0/0/06 Direct,,000,,000,9,9,,79 0 (9) 0 (9) 0,,686 0 (7,686) (7,686) 7,96 /0/0 0D-D-0 CMO/RMBS - FHAS-0AR-A /0/06 VARIOUS 7,6 7,6 7,0 7,7 0 () 0 () 0 7,7 0 (6) (6) 6 08//0 79-CN-9 RMBS - FHLOT-97-M /0/06 VARIOUS 7,977 7,977 8,89 7, , ,68 09//0 97-VT-7 FORD MOTOR CREDIT CO LLC //06 HSBC Bank USA New York,76,0,,000,9,97,07,89 0 (0,78) 0 (0,78) 0,76,707 0 (78) (78) 6,9 0//08 97-WB- FORD MOTOR CREDIT CO LLC 0//06 Maturity,,000,,000,,000,, ,, , 0//06 68Z-AV-8 GE CAPITAL CANADA FUNDING CO 0//06 DOMA 9,698 99,7,0,8 89,60 0 (,688) 0 (,688) 0,6,9,0 (78,806), (76,),9 06/0/06 68Z-AY- GE CAPITAL CANADA FUNDING CO 09/09/06 RT Corp 778,00 769,800 88,00 7,7 0,7 0,7 88,6 908,6 (,80),08 (9,76) 8,886 0/7/07 6-D-8 CMO/RMBS - GSRMLT-06AR-A /0/06 VARIOUS 609,69 6,86 8,986 90,99 0 (,) 0 (,) 0 89, ,0 0,0 0,00 0//06 6-AA-6 ABS - GSMSC-060-A /7/06 VARIOUS 7,68 7,68 6,7, ,7 0,76,76 0/6/07 77D-AM-8 GENWORTH FINANCIAL INC 09/6/06 GOLDMAN SACHS AND CO.,079,000,00,000,09,6,960,707,6 (79) 0,76 0,0, 0 (,) (,) 7,6 06//00 8G-EK-6 GOLDMAN SACHS GROUP INC 06/0/06 Maturity,0,00,0,00,00,66,90,87 0 (,6) 0 (,6) 99,9,88,878 (767,678) 0 (767,678) 80,09 06/0/06 8U-B9- GOLDMAN SACHS GROUP INC 09/0/06 Maturity,000,000,000,000,000,000,000, ,000, ,98 09/0/ AS-8 HSBC HOLDINGS PLC C 09/0/06 HSBC Bank USA New York ,68 0 (8) 0 (8) ,97 /9/09 0C-AD-7 HSBC USA INC (NEW) C //06 HSBC Bank USA New York 99,770,000,000 99,70 996, ,666 0 (,896) (,896),708 06//0 6D-AF-6 CMO/RMBS - HMLT-06-AA /9/06 VARIOUS,86,86 8,6 86, , ,789 8, /9/06 8C-AE-9 HEWLETT PACKARD ENTERPRISE CO 07/06/06 VARIOUS,0,9,00,000,99,0,99, ,99,0 0 0,9 0,9 8,9 0//00 80Z-AT-7 HYDRO ONE INC //06 RBC DOMINION SECS INC,76,8 6,77 9,9 0 (,897) 0 (,897) 9,, (8,6) 8,9 (76,6) 07,0 0/8/ AQ- ING BANK NV C //06 TORONTO DOMINION SECS USA INC,08,8,00,000,90,06,97, 0,99 0,99 0,99,8 0 9,06 9,06,70 0/07/07 N-KD-8 CMO/RMBS - IMPAC-06-A /7/06 VARIOUS 67, 67, 6,08 66,6 0,0 0,0 0 6,97 0 0,6 0,6,0 0//0 CITIGROUP GLOBAL MARKETS INC.,0,9,00,000,97,,97, ,97,97 0,96,96 7,60 //0 80-AM- INTEL CORP 0/07/06 INTERNATIONAL BUSINESS MACHINES 900-GJ- CORP 0//06 PIERPONT SECURITIES LLC 6, 0,000 6,6, 0 () 0 () 0,0 0 9,9 9,9 8,8 09//07 6H-AF-8 IGM FINANCIAL INC /0/06 RBC DOMINION SECS INC 9, 70,80 8,698 86,70 0 (0,) 0 (0,) 8,97,8 (7,) 7,0 (0,) 9,969 0/07/08 BNP PARIBAS SECURITIES BOND,09,,00,000,007,76,009, ,009,77 0 9,70 9,70 8,09 07/0/06 66H-JA-9 J.P. MORGAN CHASE & CO. 0/6/06 669A-BU- CMO/RMBS - JPMT-06S-A /0/06 VARIOUS 98, 98,6 97,6 90,0 6,90 () 0 6, ,09 0,,,9 08//0 7787Z-AC-6 JOHN DEERE CANADA FUNDING INC 0/0/06 Maturity,,9,,70,99,78,77,66 0 (9) 0 (9) 0,96,979, (,08) 0 (,08),88 0// AR-8 JOHNSON CONTROLS INC 0//06 Maturity,0,000,0,000,,08,9, ,0, ,0 0//06 8C-YK-6 JPMORGAN CHASE BANK NA /0/06 JPMORGAN CHASE BANK,770,066,90,000,98,899,88,77 0 (,966) 0 (,966) 0,76, 0,6,6, 0/0/07 90-AY- KINDER MORGAN ENERGY PARTNERS LP /0/06 GOLDMAN SACHS AND CO.,9,869,70,000,0,69,80,7 0 (,6) 0 (,6) 0,76,9 0 6,0 6,0 09,7 0//08 0-BC-0 L- COMMUNICATIONS CORP /7/06 PERSHING LLC,00,900,00,000,98,,99, ,99,680 0,0,0 7,00 0/8/07 06A-AA- CMO/RMBS - LHIPO 007-GA A D /0/06 VARIOUS 68,69 68,69 68,0 68, ,07 0, 0/0/06 9V-AA-7 LLOYDS BANK PLC C //06 CORPORATE ACTION,0,90,000,000,99,00,997, ,997,98 0,09,09 66,700 /7/08 60F-AB-7 MANULIFE FINANCE (DELAWARE) LP //06 VARIOUS,98,777,9,,78,0,97,9 0,080 0,080 67,,768,87 (7,96) 7, (70,00) 6,0 //06 68A-AE- MARATHON PETROLEUM CORP 0/0/06 Maturity,690,000,690,000,689,78,689, ,690, ,07 0/0/06 8Q-AC-7 MCKESSON CORP 0/0/06 Maturity,70,000,70,000,7,7,79, ,70, ,6 0/0/06 80-BA- MEDTRONIC INC C 0/0/06 GOLDMAN SACHS AND CO.,700,,70,000,70,9,708, ,708,09 0 (7,86) (7,86), 0/0/08 900U-ZZ- MLMI 0 A - CMO/RMBS /0/06 Paydown 6,79 6,79 6,8 0 0 () 0 () 0 6, //0 96R-AU- METLIFE INC 06/0/06 Maturity 60,000 60,000 7,70 6, 0 (,) 0 (,) 0 60, ,98 06/0/06 960U-AA-9 ABS - MIDT-0-A 0/6/06 Direct,09,09,8,8 0 () 0 () 0,8 0 (88) (88) 7 08//07 960U-AA-9 ABS - MIDT-0-A /0/06 VARIOUS,6,6,97,9 0 (67) 0 (67) 0,86 0 (,7) (,7),8 08// US-0 NATIONAL BANK OF CANADA //06 RBC DOMINION SECS INC,88,79,8,00,97,9,0,0 0 (,97) 0 (,97),08,898,8 (0,67) 99 (09,76) 8,080 //06 688N-DW-0 CMO/RMBS - OPTMAC-06-AC /7/06 VARIOUS,90,90,0 08, ,00 0,80, // X-AX- ORACLE CORP //06 Stifel Nicolaus & Co.,800,96,70,000,7,800,76, ,77,6 0,, 9,9 0/08/09 69U-AB-7 PPL WEM HOLDINGS PLC 0/0/06 Maturity,000,000,000,000,997,900,999, ,000, ,000 0/0/06 KEYBANC CAPITAL MARKETS INC 0, 0,000 0,9 0,69 0 (9) 0 (9) 0 0,9 0 0,08 0,08, /0/ GL- PACIFIC GAS AND ELECTRIC CO /0/06 760R-AU-6 PLAINS ALL AMERICAN PIPELINE LP 0//06 VARIOUS,097, 990,000,80,7,068,8 0 (6,6) 0 (6,6) 0,06,0 0,0,0 9,6 0/0/09 760R-AW- PLAINS ALL AMERICAN PIPELINE LP 0//06 JPMORGAN CHASE BANK,0,67,60,000,7,999,66,8 0 (6) 0 (6) 0,66,97 0 8,9 8,9,6 0//00 7V-AG-7 PRINCIPAL FINANCIAL GROUP INC /0/06 Redemption,70,000,70,000,7,8,70,7 0 () 0 () 0,70,89 0 (89) (89), //07 78-CB- PUBLIC SERVICE COMPANY OF COLORADO //06 PERSHING LLC 0,0 0,000 0, 06,767 0 (87) 0 (87) 0 06,80 0,9,9 8,6 08/0/08 77-AJ- QUALCOMM INC 06//06 VARIOUS,,9,0,000,98,6,99, ,00,8 0,767,767,860 0/0/0 7978D-AA- RR DONNELLEY & SONS CO /0/06 VARIOUS,68,69,00,000,68,00,8,70 0,7 (8,800) 0 8,9 0,6,70 0,99,99 0,60 0//0 RAS LAFFAN LIQUEFIED NATURAL GAS CO LTD C 0/0/06 Direct 9,800 9,800 88, 9, ,08 0,9,9,88 09/0/00 70T-AA-7 760H-7D- CMO/RMBS - RALI-0QA7-A /0/06 VARIOUS,776,776 07,606 0,9 0 (,97) 0 (,97) 0 0,896 0,880,880 8,06 07//0 768-KU- CMO/RMBS - RALI-0QO-A /7/06 VARIOUS 8,76 8,76,998 6,8 0,008 0, ,6 0,6,6, 0// AS-9 ROWAN COMPANIES INC /0/06 VARIOUS 67,778 90,000 80,8,009,9 0 (680) 0,0 (0,98) 0 80,970 0 (,9) (,9) 6, 0// BU-7 ROYAL BANK OF CANADA //06 RBC DOMINION SECS INC 7,68 7, ,9 7,69 0 (0,0) 0 (0,0) 0,7 97,99 (9,7) 7, (,6) 79, 09//07

106 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E. CUSIP Identification F o r e i g n Number of Shares of Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Disposal Description Date Name of Purchaser Stock Consideration Par Value Actual 8P-CB- RMBS - SNMLT-0-M /0/06 VARIOUS 0 9, 9,87 9, ,87 0 (9,87) (9,87),00 //0 8P-CH- RMBS - SNMLT-0-M /0/06 VARIOUS,909,909 6, 6, , 0 8, 8, 97 0//0 87F-CW- CMO/RMBS - SEQMT-07-A /0/06 VARIOUS,990,990 8,87 9, ,8 0,08,08,96 08/0/0 869D-TG- RMBS - SASC-0SC-A 0//06 Direct,77,8,88, 0 0 0,766 0 (,09) (,09) 6 0//0 869D-TG- CMO/RMBS - SASC-0SC-A /0/06 VARIOUS 8,8 6,869,6,08,0 0 0,0 0,7 0 (6,8) (6,8),0 0// B-AB-8 SVENSKA HANDELSBANKEN AB C /0/06 FUJI SECURITIES INC.,76,69,69,000,69,90,69, ,69,7 0,906,906,67 0/0/ AD- TIFFANY & CO 0//06 VARIOUS 60,69 60,000 67,6 67, ,6 0 (6,86) (6,86) 7,77 0/0/0 899Z-AA- TORONTO HYDRO CORP /0/06 RBC DOMINION SECS INC,60,7,,0,79,99,,9 0 (,97) 0 (,97) 9,78,9,0 (,786) 6,79 (99,08) 9,8 //07 96-BB-9 UNITED RENTALS (NORTH AMERICA) INC 08/0/06 VARIOUS 778,000 70, ,00 7, 0,607 (,99) 0 8,6 0 78,70 0 (,70) (,70) 8,87 //0 9P-BJ-0 UNITEDHEALTH GROUP INC /0/06 KEYBANC CAPITAL MARKETS INC,,7,96,000,7,0,0,67 0 (,6) 0 (,6) 0,08,066 0,09,09,869 0//08 99T-AH-6 VALE OVERSEAS LTD C /0/06 VARIOUS,6,970,,000,70,,7, ,7,070 0 (,00) (,00) 9,9 //06 99T-AJ- VALE OVERSEAS LTD C 0/08/06 Barclays Bank,800 80,000 8,00 80,87 0 () 0 () 0 80,8 0 (,0) (,0),00 09//09 Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year MERRILL LYNCH PIERCE FENNER,9,,77,000,87,07,798,8 0 (7,69) 0 (7,69) 0,790,9 0,78,78 08,66 09//08 9V-BP-8 VERIZON COMMUNICATIONS INC //06 9V-CV- VERIZON COMMUNICATIONS INC 07/06/06 GOLDMAN SACHS AND CO. 78, 7,000 79,70 79, , ,6 8,6 0,0 0//06 9V-CZ- VERIZON COMMUNICATIONS INC 07/06/06 WELLS FARGO SECURITIES LLC 686,96 60,000 67,6 67, , ,9 9,9,969 0//0 987W-AY-6 VODAFONE GROUP PLC C //06 JPMORGAN CHASE BANK,070,8,07,000,068,88,07,70 0,7 0,7 0,07,90 0 (,6) (,6) 0,88 09/6/07 96N-AB- CMO/RMBS - WAMU-06AR-A /0/06 VARIOUS 78,98 9,6 67,9 69, ,0 0 8,6 8,6,696 0//06 96Q-AA-6 CMO/RMBS - WAMU-06AR-A /0/06 VARIOUS 7,979 80,8,88, ,788 0 (60,809) (60,809),88 //06 99F-QP-0 CMO/RMBS - WMALT-06AR-AA /0/06 VARIOUS 9,7 6,886 79, 8,7 0,67 0,67 0 8,0 0 6, 6,,0 0//06 99F-AC- CMO/RMBS - WMALT-06AR6-A /0/06 VARIOUS 76,88 76,88 90,676 9,89 0, 0, 0 9, 0 8, 8,,80 08//06 997B-FJ- WELLS FARGO & CO /0/06 WELLS FARGO SECURITIES LLC,,9,080,000,080,,080,9 0 () 0 () 0,080,6 0,, 7,88 0//0 997Z-BK- WELLS FARGO FINANCIAL CANADA CORP /0/06 DOMA,99,0,0,900,809,09,,7 0 (,707) 0 (,707) 00,6,79,86 (9,688) (9) (0,07),78 0/0/06 CANTOR FITZGERALD & CO. INC.,06,0,000,000,0,680,00,6 0 () 0 () 0,00,0 0 6,8 6,8 79,067 0/0/ AB- WESTERN UNION CO 0/08/ P-AB-8 ZIMMER HOLDINGS INC /0/06 VARIOUS 789,7 60,000 7,06 79, 0 (,9) 0 (,9) 0 78,0 0,9,9 6, /0/09 Y78A-AC- PERTAMINA (PERSERO) PT C 0/8/06 Deutsche Bank London,60,7,0,000,88,6,9,88,6 (,0) 0,0 0,8,8 0 77,87 77,87 97,6 0/0/ Bonds - Industrial and Miscellaneous (Unaffiliated) 70,98,60 70,786,778 78,0,06 68,70,7,8,699 (7,6),89,68,86,99,90 7,679,00 (,7,08),009 (,69,99),, XXX Bonds - Hybrid Securities 080-AS-8 HSBC HOLDINGS PLC C 09/0/06 Adjustment 808,00 8,000 88, ,8 0 (7,) (7,),6 /9/ Bonds - Hybrid Securities 808,00 8,000 88, ,8 0 (7,) (7,),6 XXX Bonds - Subtotals - Bonds - Part 0,68,60,0,7 6,,98 8,89,708,67,06 (,0,79),89 688,68 0,9,808,98,77 (9,7,70),9,9 (,,7) 9,68,769 XXX Bonds - Summary item from Part for Bonds 6,7,0 6,68,80 6,690, 0 0 (,) 0 (,) 0 6,68,890 0 (8,8) (8,8) 76,89 XXX Bonds - Subtotals - Bonds 66,80,66,8,6 78,8,0 8,89,708,67,06 (,00,),89 68,06 0,9,808 70,669,66 (9,7,70),7,69 (,86,007) 9,70,8 XXX Common Stocks - Industrial and Miscellaneous (Unaffiliated) 0006R-0- AT&T ORD 0/0/06 GABELLI & COMPANY, INC. 6, , 6,97 06,60 (0,6) 0 0 (0,6) 0 6, , 67,,880 XXX 0008Y-0- ACUITY BRANDS ORD //06 VARIOUS ,, ,6 0 7,9 7,9 00 XXX ACXIOM ORD //06 BTIG LLC, ,7 68, ,7 0,6,6 0 XXX 007F-0- ADOBE SYSTEM ORD //06 VARIOUS, ,86 0, 9,0 (,98) 0 0 (,98) 0 0, 0,0,0 0 XXX 009X-0- AIR LEASE CL A ORD /0/06 VARIOUS, ,8 8,688 8,676,0 0 0,0 0 8,688 0 (0,86) (0,86) 67 XXX 0097T-0- AKAMAI TECHNOLOGIES ORD /0/06 VARIOUS, ,07,67,677 78, ,997 0,67 0 (,67) (,67) 0 XXX 09J-0- ALERE ORD /0/06 VARIOUS, , 7,76 9,9 8, 0 0 8, 0 7,76 0 (6,0) (6,0) 0 XXX ALEXION PHARMACEUTICALS ORD /6/06 VARIOUS, ,80 707,0 680,978 6, , ,0 0 (9,8) (9,8) 0 XXX ALIGN TECHNOLOGY ORD /0/06 VARIOUS 7, ,8 8,,60 (0,8) 0 0 (0,8) 0 8, 0 9,9 9,9 0 XXX ALLIANCE DATA SYSTEMS ORD /0/06 VARIOUS, ,08, 6, (,90) 0 0 (,90) 0, 0 (,067) (,067) 0 XXX 0079K-0-7 ALPHABET CL C ORD //06 VARIOUS, ,7 67,7 899,7 (6,9) 0 0 (6,9) 0 67,7 0 99,89 99,89 0 XXX 0079K-0- ALPHABET CL A ORD //06 VARIOUS ,09,7 6,97 (8,9) 0 0 (8,9) 0,7 0 6,9 6,9 0 XXX AMAZON COM ORD //06 VARIOUS ,7 8,76 07,77 (7,78) 0 0 (7,78) 0 8,76 0 8,98 8,98 0 XXX AMEDISYS ORD //06 VARIOUS, ,09 07, ,0 0 (,09) (,09) 0 XXX AMERICAN INTERNATIONAL GROUP ORD /0/06 GABELLI & COMPANY, INC. 8, ,990,79,,809,,860 (9,0) 0 0 (9,0) 0,, ,98 6,98,0 XXX APPLE ORD /0/06 VARIOUS 8,.000,9,,,,97,9 (86,) 0 0 (86,) 0,, 0 79,99 79,99 7,97 XXX 0777M-0- BAXALTA ORD 0/0/06 VARIOUS ,00 XXX BAXTER INTERNATIONAL ORD //06 BTIG LLC, ,08 6, ,09 0,09,09 87 XXX 0879W-0- BERRY PLASTICS GROUP ORD //06 BTIG LLC, ,60 9, ,97 0 7,66 7,66 0 XXX BEST BUY ORD 09/08/06 G.RESEARCH-FIRST CLEARING, ,8,6 8,069 97,00 (0,) 0 0 (0,) 0 8, ,086 0,086,0 XXX 09U-0-8 BLACKSTONE GROUP UNT 0//06 GABELLI & COMPANY, INC. 0, ,80 68,9 8,800 6, ,9 0 68,9 0 (9,90) (9,90),00 XXX BRINK'S ORD /0/06 G.RESEARCH-FIRST CLEARING, , 0,9,0 (9,89) 0 0 (9,89) 0 0,9 0 70,90 70,90,00 XXX BRISTOL MYERS SQUIBB ORD /0/06 VARIOUS 8,9.000,7,97 9,8,0,8 (9,009) 0 0 (9,009) 0 9,8 0 0,0 0,0 0,08 XXX 0L-0-9 CBRE GROUP CL A ORD //06 VARIOUS 7, ,996 6,70,6,07 0 0,07 0 6,70 0 (,7) (,7) 0 XXX -0-6 CEB ORD /0/06 VARIOUS,6.000,,70 97,6,0, (8,90) 0 0 (8,90) 0 97,6 0 7,0 7,0 8,76 XXX 686C-0-9 CABLEVISION SYSTEMS CL A ORD 06//06 Not Available 8, ,6,00,0,,00 (96,998) 0 0 (96,998) 0,0 0,070,998,070,998 0 XXX B-0- CAMERON INTERNATIONAL ORD 0/0/06 VARIOUS 7, ,6 0,97,00 (0,8) 0 0 (0,8) 0 0,97 0 7,68 7,68 0 XXX CARLISLE COMPANIES ORD //06 VARIOUS, ,99 0,9 8,09 7, ,70 0 0,9 0 (6,7) (6,7) 89 XXX CELGENE ORD //06 VARIOUS, ,976 6,7 0,66 (6,90) 0 0 (6,90) 0 6,7 0 00, 00, 0 XXX 69P-0-8 CHARTER COMMUNICATIONS, INC. //06 BTIG LLC ,708 99, , 0 9,8 9,8 0 XXX Cincinnati Bell Inc. 0/0/06 Unknown 0, ,70 98,70 08,000 (9,8) 0 0 (9,8) 0 98, XXX 7V-0- CINEMARK HOLDINGS ORD //06 BTIG LLC, , 9,0 8,0, 0 0, 0 9,0 0 (,0) (,0), XXX Stated Contractual Maturity Date

107 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E.6 F o CUSIP Identification Description r e i g n Disposal Date Name of Purchaser Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year 77R-0- CISCO SYSTEMS ORD 08//06 GABELLI & COMPANY, INC., ,096 8,70 678,87 (0,7) 0 0 (0,7) 0 8,70 0 8,9 8,9 8,0 XXX COGNIZANT TECHNOLOGY SOLUTN CL A ORD 0/0/06 VARIOUS 8, , 7,7 8,6 6, , ,7 0 (,96) (,96) 0 XXX P-0-9 CONSOL ENERGY ORD /0/06 GABELLI & COMPANY, INC. 8, , 8,880 6,00 7, , ,880 0 (8,79) (8,79) 80 XXX 06P-0-8 CONSTELLATION BRANDS CL A ORD //06 VARIOUS, ,78 6,78 7, (7,86) 0 0 (7,86) 0 6, ,9 69,9,66 XXX 60K-0- COSTCO WHOLESALE ORD 06//06 JP Morgan 6, ,06,8 78,76,098,00 (,) 0 0 (,) 0 78, ,087 80,087,780 XXX 60N-0-9 COSTAR GROUP ORD //06 VARIOUS,00.000,0 0,60 7,78 (,66) 0 0 (,66) 0 0,60 0,0,0 0 XXX 6-0- CURTISS WRIGHT ORD 08//06 GABELLI & COMPANY, INC ,09 7,7,0 (6,878) 0 0 (6,878) 0 7,7 0 7,667 7,667 0 XXX 8-0- DANAHER ORD 07/9/06 Unknown 8, ,0 67,0 86,68 (69,) 0 0 (69,) 0 67, ,07 XXX DAVE BUSTERS ENTERTAINMENT ORD /0/06 VARIOUS 7, ,70 77,0 9,6 (8,9) 0 0 (8,9) 0 77,0 0 (,0) (,0) 0 XXX DEERE ORD 08/9/06 GABELLI & COMPANY, INC., ,99,9 76,70 (,9) 0 0 (,9) 0,9 0,66,66,800 XXX DELTA AIR LINES ORD /0/06 VARIOUS, ,79,6 77,06 (0,87) 0 0 (0,87) 0,6 0 90,6 90,6,87 XXX Dentsply Sirona Inc. 0/0/06 Unknown, , 80,,00 (6,069) 0 0 (6,069) 0 80, XXX 906P-0-9 Dentsply Sirona Inc. 0//06 Not Available XXX -0-7 DEXCOM ORD /0/06 VARIOUS, ,878 6, ,6 0,, 0 XXX 68E-0-9 DR PEPPER SNAPPLE GROUP ORD 08//06 GABELLI & COMPANY, INC., ,87 8,98 86,00 (7,) 0 0 (7,) 0 8,98 0,9,9,086 XXX ELECTRONIC ARTS ORD /0/06 VARIOUS 8,0.000, 89,06 87,6,0 0 0,0 0 89,06 0 (,69) (,69) 0 XXX 9-0- ENCORE CAPITAL GROUP ORD 06//06 MACQUARIE SECURITIES (USA) INC 0, ,06 89,009 87,00 (,9) 0 0 (,9) 0 89,009 0 (7,97) (7,97) 0 XXX 9B-0- EPAM SYSTEMS ORD //06 VARIOUS, , 88,6 8,77 (,89) 0 0 (,89) 0 88,6 0 (9,8) (9,8) 0 XXX 00M-0- FACEBOOK CL A ORD //06 VARIOUS 8, ,6 97,76 87,7 (67,6) 0 0 (67,6) 0 97,76 0 0,8 0,8 0 XXX FIDELITY NATIONAL INFORMATN SVCS ORD //06 BTIG LLC , 66, ,60 0 (6) (6) 0 XXX 60M J-0-8 FORTIVE ORD 07/08/06 Not Available XXX 67D-8-7 FREEPORT MCMORAN ORD /0/06 VARIOUS, ,7,0,6,9 78,0,0,69 0 0,0,69 0,6,9 0 (,0,8) (,0,8) 0 XXX GILEAD SCIENCES ORD /0/06 VARIOUS 7,07.000,77,69 9,0,77,78 (,98,98) 0 0 (,98,98) 0 9,0 0 88,7 88,7,6 XXX 06M-0- HD SUPPLY HOLDINGS ORD //06 VARIOUS 8, ,77 9,6 9,7,9 0 0,9 0 9,6 0 (,9) (,9) 0 XXX HARRIS ORD //06 VARIOUS, , 7,7 7,0 (697) 0 0 (697) 0 7,7 0 0,9 0,9,6 XXX HEALTHCARE SERVICES ORD 09//06 VARIOUS 6, ,,09 96,667,6,90 (,99,7) 0 0 (,99,7) 0 96,667 0,9,6,9,6 8, XXX 70L-0- HERC HOLDINGS ORD /0/06 Adjustment () () 0 XXX 80T-0- Hertz Global Holdings, Inc. /0/06 Adjustment 7, ,,,90 0, 0 0 0, 0, XXX HOME DEPOT ORD //06 VARIOUS, ,06 87,67 76,08 (7,6) 0 0 (7,6) 0 87, ,99 68,99 8,8 XXX HONEYWELL INTERNATIONAL ORD 0/0/06 VARIOUS, ,6,9,,77,90,09 (,8,8) 0 0 (,8,8) 0,,77 0,8,8 8,8 XXX MORGAN STANLEY & CO INC, NY 6, ,86,,60,98,08 (,90) 0 0 (,90) 0,,60 0 (7,7) (7,7) 0 XXX ILLUMINA ORD 0// INTEGRA LIFESCIENCES HOLDINGS ORD //06 BTIG LLC, ,67 9, ,60 0,0,0 0 XXX INTEL ORD /0/06 GABELLI & COMPANY, INC. 0, ,007, 689,000 (,89) 0 0 (,89) 0, 0,96,96,600 XXX 866F-0- INTERCONTINENTAL EXCHANGE ORD /0/06 VARIOUS,0.000,97 6, 9,07 (77,68) 0 0 (77,68) 0 6, 0 70,0 70,0,78 XXX 88A-0-0 INTERNAP ORD /6/06 GABELLI & COMPANY, INC., ,879 0,968 96,000 7, , ,968 0 (90,089) (90,089) 0 XXX 60E-60- INTUITIVE SURGICAL ORD //06 VARIOUS ,0, ,7 0 6,868 6,868 0 XXX 66H-0-0 JPMORGAN CHASE ORD 06/0/06 G.RESEARCH-FIRST CLEARING, ,98 0,09 0,69 (9,8) 0 0 (9,8) 0 0,09 0 8,676 8,676,78 XXX 8A-0-9 JOURNAL MEDIA GROUP ORD 0//06 Not Available,90.000,00 9,,9 (,997) 0 0 (,997) 0 9, 0,98,98 7 XXX CITIGROUP GLOBAL MARKETS INC., ,98 78,99 08,700 (9,706) 0 0 (9,706) 0 78,99 0,987,987,00 XXX 8V-0- J GLOBAL ORD //06 88T-0-9 KAR AUCTION SERVICES ORD //06 VARIOUS 0, ,96 0,69,66 8, ,6 0 0,69 0 8,7 8,7 0,66 XXX KANSAS CITY SOUTHERN ORD //06 VARIOUS, ,8 96, ,780 0 (,98) (,98) 7 XXX KROGER ORD /0/06 VARIOUS, ,0 69,68 7,7 (,09) 0 0 (,09) 0 69,68 0 (9,) (9,) 0 XXX 07M-88-0 LIBERTY VENTURES SRS A ORD /0/06 Unknown, ,87,87 7,8 (6,) 0 0 (6,) 0, XXX 9-0- LIBERTY MEDIA SRS A ORD 0/8/06 Unknown 8, ,87 9,87,000 (9,7) 0 0 (9,7) 0 9, XXX LIBERTY MEDIA SRS C ORD 0/8/06 Unknown 8, ,970 7,970 0,60 (86,670) 0 0 (86,670) 0 7, XXX LIBRTY MEDIA LRTY SIRIUSXM SRS A ORD 08//06 GABELLI & COMPANY, INC., ,87, , ,8 6,8 0 XXX LIBRTY MEDIA LRTY SIRIUSXM SRS C ORD 08//06 GABELLI & COMPANY, INC., ,8, ,77 0 6,6 6,6 0 XXX LYDALL ORD /0/06 GABELLI & COMPANY, INC., ,76 0,806,80 (,67) 0 0 (,67) 0 0, ,69 8,69 0 XXX 766Q-0- MASTERCARD CL A ORD 0/0/06 KEEFE BRUYETTE + WOODS INC 7, ,7 6,8 7,9 (68,8) 0 0 (68,8) 0 6,8 0 9,7 9,7,8 XXX MCGRAW HILL FINANCIAL ORD /0/06 VARIOUS, ,070 0,76,69 (9,9) 0 0 (9,9) 0 0,76 0 (8,66) (8,66) 0 XXX MEAD JOHNSON NUTRITION ORD 07/0/06 VARIOUS, ,776 7,08 7,6 (0,8) 0 0 (0,8) 0 7,08 0,77,77,69 XXX 89Y-0- MERCK & CO ORD /0/06 G.RESEARCH-FIRST CLEARING,0.000, 6,,0 (8,9) 0 0 (8,9) 0 6, 0 7,9 7,9,8 XXX MICROSOFT ORD //06 BTIG LLC, ,0 7, ,80 0,0,0 788 XXX 67X-0-9 MONSTER BEVERAGE ORD //06 VARIOUS, , 0, ,669 0 (6,) (6,) 0 XXX MORGAN STANLEY ORD //06 G.RESEARCH-FIRST CLEARING, ,88,6 6,60 (8,7) 0 0 (8,7) 0,6 0 6,7 6,7,00 XXX 69E-0-8 NAVISTAR INTERNATIONAL ORD /0/06 VARIOUS, ,7 7,06 9,80 9, ,06 0 7,06 0 (70,0) (70,0) 0 XXX 60L-0-6 NETFLIX ORD 0//06 MKM PARTNERS,70.000,6 96,6 99,0 (,96) 0 0 (,96) 0 96,6 0 (,06) (,06) 0 XXX 69F-0- NEXTERA ENERGY ORD 0/0/06 GABELLI & COMPANY, INC., ,678 8,788 0,890 (6,0) 0 0 (6,0) 0 8, ,890 79, XXX 6-0- NINTENDO ADR C //06 INSTINET, ,0 78, ,09 0 (9,079) (9,079) 0 XXX 670H-0-7 O'REILLY AUTOMOTIVE ORD //06 VARIOUS,60.000,099,88,98 988,8 (9,989) 0 0 (9,989) 0, ,96 97,96 0 XXX OLD DOMINION FREIGHT LINE ORD /0/06 VARIOUS, ,979 87,80 0,876 6, , ,80 0 (69,86) (69,86) 0 XXX 687N-0- ORBITAL ATK ORD //06 VARIOUS, ,97 80,6 7, ,6 0 (,696) (,696),9 XXX Stated Contractual Maturity Date

108 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value E.7 CUSIP Identification F o r e i g n Number of Shares of Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Disposal Description Date Name of Purchaser Stock Consideration Par Value Actual PALO ALTO NETWORKS ORD /0/06 VARIOUS,.999,608 8,8 0,6 (,9) 0 0 (,9) 0 8,9 0,70,70 0 XXX PANDORA MEDIA ORD /0/06 JMP SECURITIES 77, ,000,770 70,8,0,97 (0,7) 0 0 (0,7) 0 70,8 0 99,8 99,8 0 XXX 70V-0- PAYCOM SOFTWARE ORD /0/06 VARIOUS 0,8.000,968,7 90,70,98 0 0,98 0,7 0 (78,76) (78,76) 0 XXX 700Y-0- PAYPAL HOLDINGS ORD //06 BTIG LLC, , 8,9 70,6 (,8) 0 0 (,8) 0 8,9 0,9,9 0 XXX PEP BOYS MANNY MOE AND JACK ORD /0/06 Not Available, ,00 0,08 0,0 (00,0) 0 0 (00,0) 0 0,08 0 0,9 0,9 0 XXX PRECISION CASTPARTS ORD 0/0/06 Not Available ,000 9,88 8,608 (6,0) 0 0 (6,0) 0 9,88 0 8, 8, 0 XXX 79G-0- WASTE CONNECTIONS ORD A //06 BTIG LLC, ,7 6, , 0,9,9 6 XXX PROTO LABS ORD /0/06 VARIOUS, ,9,76 8,88 6, ,888 0,76 0 (,67) (,67) 0 XXX RADIAN GROUP ORD //06 BTIG LLC, , 6, ,09 0,0,0 0 XXX RAYMOND JAMES ORD //06 VARIOUS 6, ,8,79 8,8 (,086) 0 0 (,086) 0,79 0,06,06,0 XXX REYNOLDS AMRICAN ORD //06 VARIOUS 9, ,86 80, ,0 0 6,8 6,8 7,07 XXX Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year MORGAN STANLEY & CO INC, NY, ,66,00,8,09,7 (89,9) 0 0 (89,9) 0,00,8 0 (,6) (,6),7 XXX ROCKWELL COLLINS ORD 0// J-0-6 SBA COMMUNICATIONS CL A ORD /0/06 VARIOUS 6, , 6,6 6,079 (8,7) 0 0 (8,7) 0 6,6 0 8,989 8,989 0 XXX 7809V-0- S&P GLOBAL ORD //06 VARIOUS, ,0 6,06 88,97 (6,9) 0 0 (6,9) 0 6,06 0 9,8 9,8, XXX SEI INVESTMENTS ORD //06 VARIOUS,00.000,6 00,90 8,8 (7,) 0 0 (7,) 0 00,90 0,67,67,97 XXX 78P-0-6 SLM ORD //06 VARIOUS,0.000,7 0, ,8 0,, 0 XXX 7966L-0- SALESFORCE.COM ORD //06 VARIOUS, ,87,606 7,67 (,69) 0 0 (,69) 0,606 0,98,98 0 XXX 87T-0-0 SENSIENT TECH ORD 09/0/06 GABELLI & COMPANY, INC., ,77 0,78 6,80 (,09) 0 0 (,09) 0 0,78 0,988,988 0 XXX 876R-0-9 SERVICEMASTER GLOBAL HOLDINGS ORD /0/06 VARIOUS 8,.000,08,7 87,,0,80 (,96) 0 0 (,96) 0 87, 0,70,70 0 XXX 876P-0- SERVICENOW ORD /0/06 VARIOUS,90.00,87 9,86, (8,) 0 0 (8,) 0 9,86 0 9,6 9,6 0 XXX SHERWIN WILLIAMS ORD //06 VARIOUS ,77,07 8,07 7, 0 0 7, 0,07 0 6,699 6,699, XXX 88R-0-6 SHIRE ADS REP ORD C /0/06 VARIOUS, ,6 67,0 0,0 7, , ,0 0 (0,98) (0,98) 0 XXX 8966C-0- Sirona Dental Systems, Inc. 0/0/06 Unknown 7, ,,600,,600,86,690 (8,090) 0 0 (8,090) 0,, XXX 800A-0- SIX FLAGS ENTERTAINMENT ORD //06 BTIG LLC, ,89 8, ,9 0,98,98,708 XXX SPIRIT AIRLINES ORD //06 BTIG LLC 0.000, 0, , XXX SPLUNK ORD /0/06 VARIOUS 6,80.000,06 0,899 69,7 6, ,7 0 0,899 0 (9,8) (9,8) 0 XXX STARBUCKS ORD //06 VARIOUS, ,97 86, ,909 0 (,) (,), XXX 87Q-0- Starz /08/06 Unknown, ,790,77 00,00 (96,76) 0 0 (96,76) 0,77 0 0,0 0,0 0 XXX 8688L-0-6 SURGICAL CARE AFFILIATES ORD //06 BTIG LLC, ,88 7, ,96 0 (,080) (,080) 0 XXX SYMANTEC ORD //06 BTIG LLC, ,60 98, ,67 0 (,07) (,07) 6 XXX 876U-0- TABLEAU SOFTWARE CL A ORD /0/06 VARIOUS, ,6 7,668 6,6,07 0 0,07 0 7,668 0 (98,0) (98,0) 0 XXX TAKE TWO INTERACTIVE SOFTWARE ORD //06 VARIOUS 7,80.000,,8 0, (0,088) 0 0 (0,088) 0,8 0 00,9 00,9 0 XXX 880Q-0-9 TENCENT HOLDINGS ADR REP CL B ORD C //06 VARIOUS 9,70.000,86 89,9 8,87 (,99) 0 0 (,99) 0 89,9 0,9,9 68 XXX TEXAS INSTRUMENTS ORD 06/0/06 G.RESEARCH-FIRST CLEARING, ,89,89 09,60 (,) 0 0 (,) 0, ,70 69,70,0 XXX 8900J-0-7 TRANSUNION ORD //06 BTIG LLC, ,0 7, ,9 0 (,8) (,8) 0 XXX CITIGROUP GLOBAL MARKETS INC., , ,799 69, 09, , ,799 0 (9,0) (9,0) 0 XXX TRIMBLE NAVIGATION ORD 08/0/ TYLER TECHNOLOGIES ORD //06 VARIOUS, ,07 0,6 7,70 (,089) 0 0 (,089) 0 0,6 0,86,86 0 XXX 908D-0-7 ULTIMATE SOFTWARE GROUP ORD //06 BTIG LLC ,0 6, ,7 0 (6,6) (6,6) 0 XXX 9P-0- UNITEDHEALTH GRP ORD //06 VARIOUS, , 07,77,96,8 0 0,8 0 07, , 79,,08 XXX VCA ORD //06 BTIG LLC, ,6 9, ,98 0,, 0 XXX 9879Q-0-9 VAIL RESORTS ORD //06 VARIOUS, ,80 7,08 0,79 (8,669) 0 0 (8,669) 0 7,08 0 6,7 6,7,6 XXX 9Y-0-6 VERISK ANALYTICS ORD /0/06 VARIOUS 8, ,70 6,7 68,867 (,9) 0 0 (,9) 0 6,7 0 9,97 9,97 0 XXX 9F-0-0 VERTEX PHARMACEUTICALS ORD /0/06 VARIOUS, , 77,87 6,06 (8,6) 0 0 (8,6) 0 77,87 0 (97,) (97,) 0 XXX 986C-8-9 VISA CL A ORD //06 VARIOUS, ,69 6,7 86, (,60) 0 0 (,60) 0 6,8 0,0,0, XXX VULCAN MATERIALS ORD //06 VARIOUS, ,9 6,70 0,00 (8,) 0 0 (8,) 0 6,70 0,, 9 XXX WABTEC ORD /0/06 VARIOUS, ,96 8,7 0,7 8, ,8 0 8,7 0 (,0) (,0) 0 XXX WALGREEN BOOTS ALLIANCE ORD /0/06 VARIOUS, ,0 7,6 70,06 7, ,8 0 7,6 0 (7,0) (7,0),800 XXX WELLS FARGO ORD /0/06 G.RESEARCH-FIRST CLEARING, ,68 8,60 6,080 (8,60) 0 0 (8,60) 0 8,60 0 9,68 9,68,6 XXX 9608T-0- WEX ORD //06 BTIG LLC ,7 8, ,9 0,0,0 0 XXX WINGSTOP ORD //06 VARIOUS, ,8, ,087 0,97,97 0 XXX YAHOO! ORD 06/0/06 G.RESEARCH-FIRST CLEARING, ,98 0,668 99,780 (9,) 0 0 (9,) 0 0, ,9 6,9 0 XXX YUM BRANDS ORD //06 BTIG LLC, ,8 7, ,87 0,76,76 0 XXX 9899V-0- ZAYO GROUP HOLDINGS ORD /0/06 VARIOUS, ,0 07,89 0,0 (,68) 0 0 (,68) 0 07,89 0,, 0 XXX 98978V-0- ZOETIS CL A ORD /0/06 VARIOUS, ,0 7,7 8,6 (6,) 0 0 (6,) 0 7,7 0 (0,86) (0,86), XXX G070C-0-8 AXALTA COATING SYSTEMS ORD /0/06 VARIOUS,60.000,9 00,789 89,7, 0 0, 0 00,789 0 (8,867) (8,867) 0 XXX G DELPHI AUTOMOTIVE ORD C /0/06 VARIOUS 7, ,0,0 6, (9,708) 0 0 (9,708) 0,0 0 8,6 8,6,79 XXX G WEATHERFORD INTL ORD C /0/06 VARIOUS 0, ,8,968,0,090, , ,70 0,968,0 0 (,00,9) (,00,9) 0 XXX G0-0- JOHNSON CONTROLS INTERNATIONAL ORD D //06 VARIOUS, ,00 06, ,8 0 (,88) (,88) 6, XXX G9-0-6 TYCO INTERNATIONAL ORD 0/0/06 VARIOUS, , 777,8,08,60 (06,7) 0 0 (06,7) 0 777,8 0 9,60 9,60 7,860 XXX G PERRIGO ORD C 06//06 LEERINK SWANN AND COMPANY,69.000,90,9,,00,6,67 9, ,66 0,,00 0 (80,08) (80,08),6 XXX M68V-0-8 CYBER ARK SOFTWARE ORD C /0/06 VARIOUS 8, ,9 7,8 6,96 6, ,68 0 7,8 0 (,7) (,7) 0 XXX Y BROADCOM ORD D //06 BTIG LLC ,7 97, ,9 0 () () 0 XXX Common Stocks - Industrial and Miscellaneous (Unaffiliated) 6,0,8 XXX,66,7 6,,808 (,6,8) 0 0 (,6,8) 0,66,8 0 7,7,07 7,7,07 6,86 XXX Common Stocks - Subtotals - Common Stocks - Part 6,0,8 XXX,66,7 6,,808 (,6,8) 0 0 (,6,8) 0,66,8 0 7,7,07 7,7,07 6,86 XXX Common Stocks - Summary item from Part for Common Stocks,96,0 XXX,689, ,689,89 0 (9,969) (9,969),98 XXX Common Stocks - Subtotals - Common Stocks 7,06,90 XXX 66,,8 6,,808 (,6,8) 0 0 (,6,8) 0 66,,87 0 7,8,088 7,8,088 78,87 XXX Common Stocks - Subtotals - Preferred and Common Stocks 7,06,90 XXX 66,,8 6,,808 (,6,8) 0 0 (,6,8) 0 66,,87 0 7,8,088 7,8,088 78,87 XXX Stated Contractual Maturity Date

109 SCHEDULE D - PART Showing all Long-Term Bonds and Stocks SOLD, REDEEMED or Otherwise DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value F o CUSIP Identification Description r e i g n Disposal Date Name of Purchaser Number of Shares of Stock Consideration Par Value Actual Prior Year Book/Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year (Amortization)/ Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Change in B/A. C.V. (+-) Total Foreign Exchange Change in B/A. C.V. Book/ Adjusted Carrying Value at Disposal Date Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Bond Interest/Stock Dividends Received During Year Stated Contractual Maturity Date Totals 0,,6 XXX,60,06 0,7,6 (,9,66) (,00,),89 (,877,66) 0,9,808 6,99,80 (9,7,70),7,78,7,08 0,8,00 XXX E.8

110 E ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE D - PART Showing all Long-Term Bonds and Stocks ACQUIRED During Year and Fully DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value F o r e i g n Par Value (Bonds) or Number of Shares (Stocks) Actual Consideration Book/ Adjusted Carrying Value at Disposal 6 CUSIP Identification Description Date Acquired Name of Vendor Disposal Date Name of Purchaser Bonds - U.S. Governments 988-H- UNITED STATES TREASURY 0//06 VARIOUS /0/06 VARIOUS,8,80,,,0,6,8,9 0 (,) 0 (,) 0 0 (8,67) (8,67),6, Bonds - U.S. Governments,8,80,,,0,6,8,9 0 (,) 0 (,) 0 0 (8,67) (8,67),6,07 Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions 96A-DW- METROPOLITAN TRANSN AUTH N Y REV 0/0/06 Unknown /07/06 Unknown,000 0,0 0, 0, ,00, Bonds - U.S. Special Revenue and Special Assessment and all Non-Guaranteed Obligations of Agencies and Authorities of Governments and Their Political Subdivisions,000 0,0 0, 0, ,00,88 Bonds - Industrial and Miscellaneous (Unaffiliated) Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Current Year s Other Than Temporary Impairment Recognized Total Change In B./A. C.V. ( + - ) Total Foreign Exchange Change in B./A. C.V. Foreign Exchange Gain (Loss) on Disposal Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Interest and Dividends Received During Year US BANCORP INVESTMENTS INC. 00,000 9,67 07,9 9, ,7,7, R-DH- AT&T INC 0//06 CORPORATE ACTION 0// R-DM- AT&T INC 09/07/06 Unknown 0//06 GOLDMAN SACHS AND CO.,06,000,0,99,06,79,0, ,768,768, AS- CELGENE CORP 0//06 JEFFERIES & COMPANY, INC. 0/7/06 VARIOUS 80,000 86,0 906, 8,6 0 (0) 0 (0) 0 0 0,7 0,7 9,800,6 7K-AD- DIAMOND FINANCE CORP 0/7/06 JPMORGAN CHASE BANK 06/0/06 RBC CAPITAL MARKETS,97,000,97,7,00,6,97, ,07 6,07, Bonds - Industrial and Miscellaneous (Unaffiliated),96,000,96,78,07,8,96,7 0 (0) 0 (0) 0 0,86,86 9,86, Bonds - Subtotals - Bonds 6,68,80 6,690, 6,7,0 6,68,890 0 (,) 0 (,) 0 0 (8,8) (8,8) 76,89,09 Common Stocks - Industrial and Miscellaneous (Unaffiliated) H AC IMMUNE SA ORD D 09//06 CREDIT SUISSE SECURITIES (USA) 09//06 CREDIT SUISSE SECURITIES (USA) C-0-8 ACACIA COMMUNICATIONS ORD 0//06 GOLDMAN SACHS AND CO. 0//06 GOLDMAN SACHS AND CO T-0- ADVANSIX ORD 0/0/06 Unknown //06 G.RESEARCH-FIRST CLEARING ,08,7, ,88 9, ALEXION PHARMACEUTICALS ORD 0//06 VARIOUS /0/06 VARIOUS ,7, 6, (7,) (7,) ALLIANCE DATA SYSTEMS ORD 0//06 CITATION GRP/BCC CLRG- EQTY&MUN 08/9/06 VARIOUS ,9 0,6 7, ,, 0 0 AMERICAN STOCK TRANSFER & CANTOR FITZGERALD & CO. 067X-0-6 ANTERO RESOURCES ORD 0/0/06 TRUST CO 0/7/06 INC. 9,.000, 6,69, ,97, RAYMOND JAMES & 08C-0-8 APPTIO ORD 09//06 GOLDMAN SACHS AND CO. 09//06 ASSOCIATES 9.000,,7, ,00, MERRILL LYNCH PIERCE WILLIAM BLAIR & COMPANY, 060Y-0-0 AT HOME GROUP ORD 08/0/06 FENNER 08/0/06 L.L.C ,8 8,69 8, X-0- BIOGEN ORD 0//06 COWEN AND COMPANY, LLC /0/06 VARIOUS,0.000,9 7,88, ,7, B-0-9 BLACKLINE ORD 0/8/06 GOLDMAN SACHS AND CO. 0/8/06 MKM PARTNERS 9.000,6,86, ,, BOSTON SCIENTIFIC ORD /08/06 VARIOUS //06 VARIOUS 6, ,8 66,89 70, ,09 96, BRISTOL MYERS SQUIBB ORD 0/8/06 VARIOUS /0/06 VARIOUS, ,6,8 9, (,799) (,799), 0 T-0- BROADRIDGE FINANCIAL SOLUTIONS ORD 0//06 VARIOUS /0/06 VARIOUS 7, ,09 8,7 0, ,9 98,9,6 0 6K-0-9 CAMPING WORLD CL A ORD 0/07/06 GOLDMAN SACHS AND CO. 0/07/06 VARIOUS ,96 0, 8, ,8, COACH ORD 0/6/06 VARIOUS /0/06 VARIOUS, ,96 69,86 9, (,00) (,00) 6,67 0 CANTOR FITZGERALD & CO. INC ,0,0, ,8, L-0-6 COUPA SOFTWARE ORD 0/06/06 JP Morgan 0/06/06 9F-0-0 CTRIP.COM INTERNATL 8 ADR REP ORD C 0//06 VARIOUS 0/8/06 VARIOUS,60.000,089 0,660, (0,9) (0,9) DAVE BUSTERS ENTERTAINMENT ORD 0/0/06 Piper Jaffray Co. 0/06/06 VARIOUS.000,877,78, (699) (699) DOLLAR GENERAL ORD 06/0/06 VARIOUS /7/06 VARIOUS 6, ,8 77,0 6, (86,) (86,), E-0-9 DR PEPPER SNAPPLE GROUP ORD 0/7/06 VARIOUS /0/06 VARIOUS 0, ,86,07,6 987, ,8 0,8 9, L-0- ELF BEAUTY ORD 09//06 MORGAN STANLEY & CO INC, NY 09//06 CITIGROUP GLOBAL MARKETS INC , RAYMOND JAMES & ASSOCIATES, ,7 6,6 60, ,879, E-0-8 EDWARDS LIFESCIENCES ORD 0/6/06 VARIOUS 0/9/ ELECTRONIC ARTS ORD 0//06 VARIOUS 0/7/06 VARIOUS, ,7 89,60 90, (9) (9) P-0-0 ELLIE MAE ORD /08/06 VARIOUS //06 VARIOUS, ,07,6 66, (0,86) (0,86) M-0- EXTRACTION OIL GAS ORD 0//06 BARCLAYS CAPITAL INC./LE 0//06 MKM PARTNERS ,6 6,6, D-8-7 FREEPORT MCMORAN ORD 0//06 VARIOUS 0/7/06 GABELLI & COMPANY, INC. 8, ,7 89,88 87, ,8, GILEAD SCIENCES ORD 0/0/06 RBC CAPITAL MARKETS 06/0/06 VARIOUS,0.000,9 0,7, (88) (88) T-0- HERTZ GLOBAL HOLDINGS ORD /0/06 GABELLI & COMPANY, INC. /0/06 Unknown, ,6 68,6 68, J-0-6 HERTZ GLOBAL HOLDINGS ORD /0/06 VARIOUS /0/06 GABELLI & COMPANY, INC., ,88 6,07 7, (7,86) (7,86) JB HUNT TRANSPORT SERVICES ORD 0//06 VARIOUS /0/06 VARIOUS 6,0.000,97 0,70, (0,87) (0,87),09 0 RAYMOND JAMES & ASSOCIATES 9.000,6,, IRHYTHM TECHNOLOGIES ORD 0/0/06 JP Morgan 0/0/ JOHNSON CONTROLS ORD 08//06 VARIOUS 0/0/06 Unknown 0, ,9 8,9 8, , KROGER ORD 0/0/06 VARIOUS 0/8/06 VARIOUS, ,9 8,9 8, (0) (0) M-88-0 LIBERTY VENTURES SRS A ORD 07//06 Unknown /07/06 Unknown, ,98 9,98 9, ELI LILLY ORD 07/0/06 VARIOUS //06 COWEN AND COMPANY, LLC, ,777 8,7 78, (0,0) (0,0),90 0 MORGAN STANLEY & CO INC, NY 07//06 GOLDMAN SACHS AND CO ,,6, X-0- LINE ADR REP ORD C 07//06 78A-0-8 LINKEDIN CL A ORD 08//06 GABELLI & COMPANY, INC. /08/06 CORPORATE ACTION, ,68 88,000 7, ,, MCDONALD'S ORD 0/8/06 VARIOUS 09/0/06 VARIOUS 6, ,698 70, 78, ,, 9, N-0- MEDIVATION ORD 08//06 GABELLI & COMPANY, INC. 0/0/06 Not Available, ,806 07,00 0, ,69, NIKE CL B ORD 0//06 BTIG LLC 0//06 VARIOUS 6, ,8 60,9 77, (7,) (7,),0 0 Paid for Accrued Interest and Dividends

111 E. ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE D - PART Showing all Long-Term Bonds and Stocks ACQUIRED During Year and Fully DISPOSED OF During Current Year Change in Book/Adjusted Carrying Value F o r e i g n Par Value (Bonds) or Number of Shares (Stocks) Actual Consideration Book/ Adjusted Carrying Value at Disposal 6 Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization)/ Accretion Current Year s Other Than Temporary Impairment Recognized Total Change In B./A. C.V. ( + - ) Total Foreign Exchange Change in B./A. C.V. Foreign Exchange Gain (Loss) on Disposal CUSIP Identification Description Date Acquired Name of Vendor Disposal Date Name of Purchaser NOVO NORDISK ADR REPSG ORD C 06//06 VARIOUS 0/7/06 VARIOUS 9, ,6 8,796 0, (7,80) (7,80), N-0-8 NUTANIX ORD 09/0/06 GOLDMAN, SACHS & CO. 09/0/06 GOLDMAN SACHS AND CO ,0,86, PALO ALTO NETWORKS ORD 0/8/06 VARIOUS /0/06 VARIOUS, ,89 7,87 8, (68,606) (68,606) PROTO LABS ORD 06/0/06 VARIOUS 09/9/06 VARIOUS, ,688 87,87 9, (7,8) (7,8) D-0-0 QUANTENNA COMMUNICAT ORD 0/8/06 MORGAN STANLEY DEAN WITTER 0/8/06 MKM PARTNERS ,688,88, V-0-8 RA PHARMACEUTICALS ORD 0/6/06 CREDIT SUISSE SECURITIES (USA) 0/6/06 RAYMOND JAMES & ASSOCIATES MORGAN STANLEY & CO INC, 87A-0- SECUREWORKS CL A ORD 0//06 NY 0//06 BLOOMBERG TRADEBOOK LLC, ,70 0,99 9, L-0- SITEONE LANDSCAPE SUPPLY ORD 0//06 DEUTSCHE BANK SECURITIES, INC. 0//06 MKM PARTNERS,00.000,00,9, ,8 0, SPLUNK ORD 0//06 VARIOUS /0/06 VARIOUS, ,6 8,79 7, (,96) (,96) TELEFLEX ORD 0//06 VARIOUS 09/0/06 VARIOUS ,00 8,67 7, ,7, A-0- TREEHOUSE FOODS ORD 0/06/06 VARIOUS /7/06 VARIOUS 7, ,00 0,6 679, (68,7) (68,7) F-0- TWILIO CL A ORD 06//06 GOLDMAN SACHS AND CO. 06//06 GOLDMAN SACHS AND CO..000,,8, ,70, TYLER TECHNOLOGIES ORD 0/7/06 GOLDMAN SACHS AND CO. /07/06 VARIOUS ,786 7,8 9, (,0) (,0) W-0- VALVOLINE ORD 09//06 CITIGROUP GLOBAL MARKETS INC. 09//06 RAYMOND JAMES & ASSOCIATES ,,8, VEEVA SYSTEMS CL A ORD 06/0/06 VARIOUS /0/06 VARIOUS,67.000, 9,679, ,68 8, CITATION GRP/BCC CLRG- 9F-0-0 VERTEX PHARMACEUTICALS ORD 0//06 EQTY&MUN 0/0/06 VARIOUS ,007 9,69 9, YUM BRANDS ORD 0//06 VARIOUS /0/06 VARIOUS 8, ,7 706,87 699, ,60 7,60 0, P-0-9 YUM CHINA ORD C 0//06 Unknown /0/06 VARIOUS 7, ,0 86,760 66, ,76 0, V-0- ZAYO GROUP HOLDINGS ORD 0/0/06 VARIOUS 07/9/06 VARIOUS, ,8 0,8 9, ,97, G008W-0- ADIENT ORD D /0/06 Unknown /0/06 VARIOUS ,08,9, (,) (,) 0 0 G DELPHI AUTOMOTIVE ORD C 0//06 GOLDMAN SACHS AND CO. 06/9/06 VARIOUS ,6 8,8 6, ,76, Common Stocks - Industrial and Miscellaneous (Unaffiliated),689,88,96,0,689, (9,969) (9,969), Common Stocks - Subtotals - Common Stocks,689,88,96,0,689, (9,969) (9,969), Common Stocks - Subtotals - Preferred and Common Stocks,689,88,96,0,689, (9,969) (9,969),98 0 Realized Gain (Loss) on Disposal Total Gain (Loss) on Disposal Interest and Dividends Received During Year Paid for Accrued Interest and Dividends Totals 9,79,800 8,7,7 9,7,79 0 (,) 0 (,) 0 0 (6,80) (6,80) 9,7,09

112 SCHEDULE D - PART 6 - SECTION 6 NAIC Valuation CUSIP Identification Description Name of Subsidiary, Controlled or Affiliated Company Foreign Valuation of Shares of Subsidiary, Controlled or Affiliated Companies 7 Do Insurer s NAIC Company Code ID Number Method (See Purposes And Procedures Manual of the NAIC Investment Analysis Office) Assets Include Intangible Assets Connected with Holding of Such Company s Stock? Stock of Such Company Owned by Insurer on Statement Date Total Amount of Such Intangible Assets Book / Adjusted Carrying Value Nonadmitted Amount Number of Shares % of Outstanding Totals - Preferred and Common Stocks XXX XXX. Amount of insurer's capital and surplus from the prior period s statutory statement reduced by any admitted EDP, goodwill and net deferred tax assets included therein: $. Total amount of intangible assets nonadmitted $ SCHEDULE D - PART 6 - SECTION Total Amount of CUSIP Identification Name of Lower-Tier Company Name of Company Listed in Section Which Controls Lower-Tier Company Intangible Assets Included in Amount Shown in Column 8, Section Stock in Lower-Tier Company Owned Indirectly by Insurer on Statement Date 6 % of Number of Shares Outstanding Totals - Preferred and Common XXX XXX E6

113 SCHEDULE DA - PART Showing all SHORT-TERM INVESTMENTS Owned December of Current Year Codes Change In Book/Adjusted Carrying Value Interest E7 CUSIP Identification Fo rei gn Date Acquired Maturity Date Book/ Adjusted Carrying Value Unrealized Valuation Increase/ (Decrease) Current Year s (Amortization) / Accretion Current Year s Other-Than- Temporary Impairment Recognized Total Foreign Exchange Change in B./A.C.V. Par Value Actual Amount Due And Accrued Dec. of Current Year On Bond Not In Default Non-Admitted Due and Accrued Effective Rate of Amount Received During Year Description Code Name of Vendor Rate of When Paid Bonds - All Other Governments - Issuer Obligations SASKATCHEWAN, PROVINCE OF SD 08/9/06 DOMA 0/09/07 77,686 0,6 0 (,9) 77, , N/A Bonds - All Other Governments - Issuer Obligations 77,686 0,6 0 (,9) 77, , XXX XXX XXX Bonds - Subtotals - All Other Governments 77,686 0,6 0 (,9) 77, , XXX XXX XXX 0 0 Bonds - Industrial and Miscellaneous (Unaffiliated) - Issuer Obligations JOHN DEERE CANADA FUNDING INC SD 06/7/06 RBC DOMINION SECS INC 0//07,,7 0 (,96) 0 (60,60),,00,, 9, AO,06 9, Bonds - Industrial and Miscellaneous (Unaffiliated) - Issuer Obligations,,7 0 (,96) 0 (60,60),,00,, 9,669 0 XXX XXX XXX,06 9, Bonds - Industrial and Miscellaneous (Unaffiliated) - Subtotals - Industrial and Miscellaneous (Unaffiliated),,7 0 (,96) 0 (60,60),,00,, 9,669 0 XXX XXX XXX,06 9, Bonds - Total Bonds - Subtotals - Issuer Obligations,989, 0 (,70) 0 (8,779),98,79,08,7 9,669 0 XXX XXX XXX,06 9, Bonds - Total Bonds - Subtotals - Bonds,989, 0 (,70) 0 (8,779),98,79,08,7 9,669 0 XXX XXX XXX,06 9,68 Exempt Money Market Mutual Funds - as Identified by the SVO FEDERATED GOVT OBL;PRMR O //06 Direct 0, ,66 0, N/A H-9-6 WELLS FRGO TREASURY PLUS CL I MMF SD /0/06 Direct N/A Bonds - Exempt Money Market Mutual Funds - as Identified by the SVO 0, XXX 0, XXX XXX XXX 8 0 All Other Money Market Mutual Funds 70G-0- WST AST INST CSH RSV CL INST MMF /8/06 Direct 7,0, ,90,866 7,0,89, N/A 0, CIBC CANADIAN T-BILL FUND-A /0/06 Direct,6, (8,0) 6,0,60, N/A 68, All Other Money Market Mutual Funds,066, (8,0) XXX,0,07,788 0 XXX XXX XXX 88,6 0 Paid for Accrued Interest Totals,86,097 0 (,70) 0 (,09) XXX,0,7,6 0 XXX XXX XXX 0,60 9,68

114 Schedule DB - Part A - Section NONE Schedule DB - Part A - Section NONE Schedule DB - Part B - Section NONE Schedule DB - Part B - Section NONE Schedule DB - Part D - Section NONE Schedule DB - Part D - Section NONE Schedule DL - Part NONE Schedule DL - Part NONE E8, E9, E0, E, E, E, E, E

115 SCHEDULE E - PART - CASH 6 7 Rate of Interest Amount of Interest Received During Year Amount of Interest Accrued December of Current Year Depository Code Balance * OPEN DEPOSITORIES ONTARIO TEACHERS FIN TR CD - ///07 TORONTO, CANADA SD ,7 XXX BROWN BROTHERS HARRIMAN & CO. NEW YORK, NEW YORK ,7,78 XXX CANADIAN IMPERIAL BANK OF COMMERCE TORONTO, CANADA ,09 XXX ROYAL BANK OF CANADA TORONTO, CANADA SD ,87 XXX JP MORGAN CHASE NEW YORK, NEW YORK ,0 XXX THE BANK OF NOVA SCOTIA CD - /7/07 TORONTO, CANADA SD ,978 6,09 67,07 XXX Deposits in depositories that do not exceed the allowable limit in any one depository - Open Depositories XXX XXX XXX Totals - Open Depositories XXX XXX 8,978 6,09,9,9 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Total Cash on Deposit XXX XXX 8,978 6,09,9,9 XXX Cash in Company s Office XXX XXX XXX XXX,80 XXX Total Cash XXX XXX 8,978 6,09,96,79 XXX TOTALS OF DEPOSITORY BALANCES ON THE LAST DAY OF EACH MONTH DURING THE CURRENT YEAR. January,67,7. April,,7 7. July,06,8 0. October 0,8,9. February,9,6. May,6, 8. August,88,88. November,80,088. March,6,6 6. June,8,9 9. September,70,96. December,96,79 E6

116 SCHEDULE E - PART - CASH EQUIVALENTS Description Code Show Investments Owned December of Current Year Date Rate of Maturity Acquired Interest Date 6 Book/Adjusted Carrying Value 7 Amount of Interest Due & Accrued 8 Amount Received During Year E Total Cash Equivalents 0 0 0

117 SCHEDULE E - PART - SPECIAL DEPOSITS Type of Deposits Purpose of Deposits Deposits For the Benefit of All Policyholders Book/Adjusted Fair Carrying Value Value All Other Special Deposits Book/Adjusted Carrying Value States, etc.. Alabama AL. Alaska AK. Arizona AZ. Arkansas AR. California CA B Regulatory requirement,60,7,07, Colorado CO 7. Connecticut CT 8. Delaware DE B Regulatory requirement 67,9 6,09 0,6 8, District of Columbia DC 0. Florida FL. Georgia GA B Regulatory requirement 9,06,80. Hawaii HI. Idaho ID. Illinois IL B Regulatory requirement 98,00 9,. Indiana IN 6. Iowa IA 7. Kansas KS 8. Kentucky KY 9. Louisiana LA 0. Maine ME. Maryland MD. Massachusetts MA. Michigan MI. Minnesota MN. Mississippi MS 6. Missouri MO 7. Montana MT 8. Nebraska NE 9. Nevada NV 0. New Hampshire NH. New Jersey NJ. New Mexico NM. New York NY B Regulatory requirement,09,,89,66. North Carolina NC. North Dakota ND 6. Ohio OH 7. Oklahoma OK 8. Oregon OR 9. Pennsylvania PA 0. Rhode Island RI. South Carolina SC. South Dakota SD. Tennessee TN. Texas TX. Utah UT 6. Vermont VT 7. Virginia VA 8. Washington WA 9. West Virginia WV 0. Wisconsin WI. Wyoming WY. American Samoa AS. Guam GU. Puerto Rico PR. US Virgin Islands VI 6. Northern Mariana Islands MP 7. Canada CAN O Canadian regulatory requirement 6,989,07 66,, Aggregate Other Alien OT XXX XXX Total XXX XXX,667,77,8,77 66,89,889 69,669,8 DETAILS OF WRITE-INS Sum of remaining write-ins for Line 8 from overflow page XXX XXX Totals (Lines ) (Line 8 above) XXX XXX Fair Value E8

118 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK Assets Cash Flow Exhibit of Capital Gains (Losses) Exhibit of Net Investment Income Exhibit of Nonadmitted Assets Exhibit of Premiums and Losses (State Page) 9 Five-Year Historical Data 7 General Interrogatories Jurat Page Liabilities, Surplus and Other Funds Notes To Financial Statements Overflow Page For Write-Ins 00 Schedule A Part E0 Schedule A Part E0 Schedule A Part E0 Schedule A Verification Between Years SI0 Schedule B Part E0 Schedule B Part E0 Schedule B Part E06 Schedule B Verification Between Years SI0 Schedule BA Part E07 Schedule BA Part E08 Schedule BA Part E09 Schedule BA Verification Between Years SI0 Schedule D Part E0 Schedule D Part A Section SI0 Schedule D Part A Section SI08 Schedule D Part Section E Schedule D Part Section E Schedule D Part E Schedule D Part E Schedule D Part E Schedule D Part 6 Section E6 Schedule D Part 6 Section E6 Schedule D Summary By Country SI0 Schedule D Verification Between Years SI0 Schedule DA Part E7 INDEX

119 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule DA Verification Between Years SI0 Schedule DB Part A Section E8 Schedule DB Part A Section E9 Schedule DB Part A Verification Between Years SI Schedule DB Part B Section E0 Schedule DB Part B Section E Schedule DB Part B Verification Between Years SI Schedule DB Part C Section SI Schedule DB Part C Section SI Schedule DB Part D Section E Schedule DB Part D Section E Schedule DB Verification SI Schedule DL Part E Schedule DL Part E Schedule E Part Cash E6 Schedule E Part Cash Equivalents E7 Schedule E Part Special Deposits E8 Schedule E Verification Between Years SI Schedule F Part 0 Schedule F Part Schedule F Part Schedule F Part Schedule F Part Schedule F Part 6 Section Schedule F Part 6 Section 6 Schedule F Part 7 7 Schedule F Part 8 8 Schedule F Part 9 9 Schedule H Accident and Health Exhibit Part 0 Schedule H Part, Part, and Part Schedule H Part Health Claims Schedule P Part Summary Schedule P Part A Homeowners/Farmowners Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 8 INDEX

120 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part E Commercial Multiple Peril 9 Schedule P Part F Section Medical Professional Liability Occurrence 0 Schedule P Part F Section Medical Professional Liability Claims-Made Schedule P Part G Special Liability (Ocean, Marine, Aircraft (All Perils), Boiler and Machinery) Schedule P Part H Section Other Liability Occurrence Schedule P Part H Section Other Liability Claims-Made Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary & Theft) Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 7 Schedule P Part L Other (Including Credit, Accident and Health) 8 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 0 Schedule P Part O Reinsurance Nonproportional Liability Schedule P Part P Reinsurance Nonproportional Financial Lines Schedule P Part R Section Products Liability Occurrence Schedule P Part R Section Products Liability Claims Made Schedule P Part S Financial Guaranty/Mortgage Guaranty Schedule P Part T Warranty 6 Schedule P Part, Part and Part Summary Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 7 Schedule P Part F Section Medical Professional Liability Occurrence 8 Schedule P Part F Section Medical Professional Liability Claims Made 8 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 8 Schedule P Part H Section Other Liability Occurrence 8 Schedule P Part H Section Other Liability Claims Made 8 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 9 Schedule P Part J Auto Physical Damage 9 Schedule P Part K Fidelity, Surety 9 Schedule P Part L Other (Including Credit, Accident and Health) 9 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 60 Schedule P Part O Reinsurance Nonproportional Liability 60 Schedule P Part P Reinsurance Nonproportional Financial Lines 60 Schedule P Part R Section Products Liability Occurrence 6 Schedule P Part R Section Products Liability Claims-Made 6 Schedule P Part S Financial Guaranty/Mortgage Guaranty 6 Schedule P Part T Warranty 6 Schedule P Part A Homeowners/Farmowners 6 INDEX

121 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 6 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 6 Schedule P Part E Commercial Multiple Peril 6 Schedule P Part F Section Medical Professional Liability Occurrence 6 Schedule P Part F Section Medical Professional Liability Claims-Made 6 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 6 Schedule P Part H Section Other Liability Occurrence 6 Schedule P Part H Section Other Liability Claims-Made 6 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 6 Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 6 Schedule P Part L Other (Including Credit, Accident and Health) 6 Schedule P Part M International 6 Schedule P Part N Reinsurance Nonproportional Property 6 Schedule P Part O Reinsurance Nonproportional Liability 6 Schedule P Part P Reinsurance Nonproportional Financial Lines 6 Schedule P Part R Section Products Liability Occurrence 66 Schedule P Part R Section Products Liability Claims-Made 66 Schedule P Part S Financial Guaranty/Mortgage Guaranty 66 Schedule P Part T Warranty 66 Schedule P Part A Homeowners/Farmowners 67 Schedule P Part B Private Passenger Auto Liability/Medical 67 Schedule P Part C Commercial Auto/Truck Liability/Medical 67 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 67 Schedule P Part E Commercial Multiple Peril 67 Schedule P Part F Section Medical Professional Liability Occurrence 68 Schedule P Part F Section Medical Professional Liability Claims-Made 68 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 68 Schedule P Part H Section Other Liability Occurrence 68 Schedule P Part H Section Other Liability Claims-Made 68 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary and Theft) 69 Schedule P Part J Auto Physical Damage 69 Schedule P Part K Fidelity/Surety 69 Schedule P Part L Other (Including Credit, Accident and Health) 69 Schedule P Part M International 69 Schedule P Part N Reinsurance Nonproportional Property 70 Schedule P Part O Reinsurance Nonproportional Liability 70 Schedule P Part P Reinsurance Nonproportional Financial Lines 70 Schedule P Part R Section Products Liability Occurrence 7 Schedule P Part R Section Products Liability Claims-Made 7 INDEX

122 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part S Financial Guaranty/Mortgage Guaranty 7 Schedule P Part T Warranty 7 Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 76 Schedule P Part F Medical Professional Liability Claims-Made 78 Schedule P Part F Medical Professional Liability Occurrence 77 Schedule P Part H Other Liability Claims-Made 80 Schedule P Part H Other Liability Occurrence 79 Schedule P Part R Products Liability Claims-Made 8 Schedule P Part R Products Liability Occurrence 8 Schedule P Part T Warranty 8 Schedule P Part 6C Commercial Auto/Truck Liability/Medical 8 Schedule P Part 6D Workers Compensation (Excluding Excess Workers Compensation) 8 Schedule P Part 6E Commercial Multiple Peril 8 Schedule P Part 6H Other Liability Claims-Made 86 Schedule P Part 6H Other Liability Occurrence 8 Schedule P Part 6M International 86 Schedule P Part 6N Reinsurance Nonproportional Property 87 Schedule P Part 6O Reinsurance Nonproportional Liability 87 Schedule P Part 6R Products Liability Claims-Made 88 Schedule P Part 6R Products Liability Occurrence 88 Schedule P Part 7A Primary Loss Sensitive Contracts 89 Schedule P Part 7B Reinsurance Loss Sensitive Contracts 9 Schedule P Interrogatories 9 Schedule T Exhibit of Premiums Written 9 Schedule T Part Interstate Compact 9 Schedule Y Information Concerning Activities of Insurer Members of a Holding Company Group 96 Schedule Y Part A Detail of Insurance Holding Company System 97 Schedule Y Part Summary of Insurer s Transactions With Any Affiliates 98 Statement of Income Summary Investment Schedule SI0 Supplemental Exhibits and Schedules Interrogatories 99 Underwriting and Investment Exhibit Part 6 Underwriting and Investment Exhibit Part A 7 Underwriting and Investment Exhibit Part B 8 Underwriting and Investment Exhibit Part 9 Underwriting and Investment Exhibit Part A 0 Underwriting and Investment Exhibit Part INDEX6

123 INDEX7

124 * * PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITION ANNUAL STATEMENT For the Year Ended December, 06 OF THE CONDITION AND AFFAIRS OF THE TOA REINSURANCE COMPANY OF AMERICA NAIC Group Code 0000, 0000 NAIC Company Code 9 Employer s ID Number -987 (Current Period) (Prior Period) Organized under the Laws of Delaware, State of Domicile or Port of Entry Delaware Country of Domicile United States Incorporated/Organized 0//9 Commenced Business 0/0/9 Statutory Home Office 7 Centerville Road, Suite 00, Wilmington, DE, US 9808 (Street and Number) (City or Town, State, Country and Zip Code) Main Administrative Office 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Mail Address 77 Madison Avenue, PO Box 90, Morristown, NJ, US (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code) Primary Location of Books and Records 77 Madison Avenue Morristown, NJ, US (Street and Number) (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Internet Web Site Address Statutory Statement Contact Richard A. Carroll (Name) (Area Code) (Telephone Number) (Extension) rcarroll@toare.com ( Address) (Fax Number) OFFICERS Name Title Name Title Edward J. Stanco, CEO John J. Hayden, SVP, Gen. Cnsl. & Secretary Nathaniel B. Wallman, SVP & CFO James A. Pilla, EVP Underwriting OTHER OFFICERS Caroline M. Kane, SVP Peter A. Royek, SVP Actuary Richard T. Pisano #, EVP & COO,,, DIRECTORS OR TRUSTEES Michael J. Cascio John J. Hayden Masachika Inoue Tetsuro Kanda Masaaki Matsunaga Tomoatsu Noguchi Kazuhito Oura James A. Pilla Edward J. Stanco Toshiyuki Sugawara Nathaniel B. Wallman State of County of New Jersey Morris ss 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: () state law may differ; or, () 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. Edward J. Stanco John J. Hayden Nathaniel B. Wallman CEO SVP, Gen. Cnsl. & Secretary SVP & CFO a. Is this an original filing? Yes [ X ] No [ ] Subscribed and sworn to before me b. If no: this th day of February, 07. State the amendment number. Date filed. Number of pages attached Donna M. Gennusa, Accountant June, 08

125 9.AL * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Alabama DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

126 9.AK * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Alaska DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

127 9.AS * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF American Samoa DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

128 9.AZ * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Arizona DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

129 9.AR * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Arkansas DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

130 9.CA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF California DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

131 9.CO * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Colorado DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

132 9.CT * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Connecticut DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

133 9.DE * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Delaware DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

134 9.DC * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF District of Columbia DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

135 9.FL * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Florida DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

136 9.GA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Georgia DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

137 9.GU * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Guam DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

138 9.HI * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Hawaii DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

139 9.ID * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Idaho DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

140 9.IL * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Illinois DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

141 9.IN * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Indiana DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

142 9.IA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Iowa DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

143 9.KS * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Kansas DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

144 9.KY * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Kentucky DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

145 9.LA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Louisiana DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

146 9.ME * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Maine DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

147 9.MD * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Maryland DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

148 9.MA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Massachusetts DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

149 9.MI * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Michigan DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

150 9.MN * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Minnesota DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

151 9.MS * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Mississippi DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

152 9.MO * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Missouri DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

153 9.MT * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Montana DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

154 9.NE * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Nebraska DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

155 9.NV * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Nevada DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

156 9.NH * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF New Hampshire DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

157 9.NJ * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF New Jersey DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

158 9.NM * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF New Mexico DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

159 9.NY * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF New York DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

160 9.NC * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF North Carolina DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

161 9.ND * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF North Dakota DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

162 9.MP * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Northern Mariana Islands DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

163 9.OH * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Ohio DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

164 9.OK * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Oklahoma DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

165 9.OR * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Oregon DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

166 9.PA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Pennsylvania DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

167 9.PR * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Puerto Rico DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

168 9.RI * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Rhode Island DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

169 9.SC * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF South Carolina DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

170 9.SD * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF South Dakota DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

171 9.TN * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Tennessee DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

172 9.TX * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Texas DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

173 9.VI * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF U.S. Virgin Islands DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

174 9.UT * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Utah DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

175 9.VT * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Vermont DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

176 9.VA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Virginia DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

177 9.WA * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Washington DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

178 9.WV * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF West Virginia DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

179 9.WI * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Wisconsin DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

180 9.WY * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Wyoming DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Unearned Premium Reserves Paid (deducting salvage) Direct Losses Paid Unpaid Commissions and Brokerage s Taxes, Licenses and Fees Line of Business Direct Losses Unpaid. Fire. Allied lines. Multiple peril crop. Federal flood. Private crop. Private flood. Farmowners multiple peril. Homeowners multiple peril. Commercial multiple peril (non-liability portion). Commercial multiple peril (liability portion) 6. Mortgage guaranty 8. Ocean marine 9. Inland marine 0. Financial guaranty. Medical professional liability. Earthquake. Group accident and health (b). Credit A & H (group and individual). Collectively renewable A & H (b). Non-cancelable A & H (b). Guaranteed renewable A & H (b). Non-renewable for stated reasons only (b). Other accident only.6 Medicare Title XVIII exempt from state taxes or fees.7 All other A & H (b).8 Federal Employees Health Benefits Plan premium (b) 6. Workers' compensation 7. Other liability-occurrence 7. Other Liability-Claims-Made 7. Excess workers compensation 8. Products liability 9. Private passenger auto no-fault (personal injury protection) 9. Other private passenger auto liability 9. Commercial auto no-fault (personal injury protection) 9. Other commercial auto liability. Private passenger auto physical damage. Commercial auto physical damage. Aircraft (all perils). Fidelity. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 0. Warranty. Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ (b) For health business on indicated lines report: Number of persons insured under PPO managed care products and number of persons insured under indemnity only products

181 9.GT * * ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA EXHIBIT OF PREMIUMS AND LOSSES (Statutory Page ) NAIC Group Code 0000 BUSINESS IN THE STATE OF Consolidated DURING THE YEAR 06 NAIC Company Code 9 Gross Premiums, Including Policy and Membership Fees, Less Return Premiums and Premiums on Policies not Taken Dividends Paid Direct Direct Losses Direct Premiums Written Direct Premiums Earned or Credited to Policyholders on Direct Business Paid Unpaid Commissions and Brokerage s Unearned Premium Paid Direct Losses Taxes, Line of Business Reserves (deducting salvage) Direct Losses Unpaid Licenses and Fees. Fire Allied lines Multiple peril crop Federal flood Private crop Private flood Farmowners multiple peril Homeowners multiple peril Commercial multiple peril (non-liability portion) Commercial multiple peril (liability portion) Mortgage guaranty Ocean marine Inland marine Financial guaranty Medical professional liability Earthquake Group accident and health (b) Credit A & H (group and individual) Collectively renewable A & H (b) Non-cancelable A & H (b) Guaranteed renewable A & H (b) Non-renewable for stated reasons only (b) Other accident only Medicare Title XVIII exempt from state taxes or fees All other A & H (b) Federal Employees Health Benefits Plan premium (b) Workers' compensation Other liability-occurrence Other Liability-Claims-Made Excess workers compensation Products liability Private passenger auto no-fault (personal injury protection) Other private passenger auto liability Commercial auto no-fault (personal injury protection) Other commercial auto liability Private passenger auto physical damage Commercial auto physical damage Aircraft (all perils) Fidelity Surety Burglary and theft Boiler and machinery Credit Warranty Aggregate write-ins for other lines of business TOTAL (a) DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Totals (Lines 0 through 0 Plus 98) (Line above) (a) Finance and service charges not included in Lines to $ 0 (b) For health business on indicated lines report: Number of persons insured under PPO managed care products 0 and number of persons insured under indemnity only products 0

182 0 SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number Other U.S. Unaffiliated Insurers ACE AMER INS CO PA,68,077,080 60, ACE PROP & CAS INS CO PA ACUITY A MUT INS CO WI,09,70, AGRINATIONAL INS CO VT ST CENTURY CENTENNIAL INS CO PA AIU INS CO NY ALLIANZ GLOBAL RISKS US INS CO IL ALLIED WORLD ASSUR CO US INC DE ALLSTATE INS CO IL,700, ALTERRA EXCESS & SURPLUS INS CO DE,68, AMERICAN AGRICULTURAL INS CO IN AMERICAN BUSINESS & MERCANTILE INS M DE AMERICAN EUROPEAN INS CO NH, MOTORISTS COMMERCIAL MUT INS CO OH AMERICAN HOME ASSUR CO NY AMERICAN SAFETY IND CO OK AMERICAN UNIVERSAL INS CO RI AMERISURE INS CO MI,6,8, AMTRUST INS CO OF KS INC KS ANCHOR GEN INS CO CA,6,68 6,9 7,979 (9),8, APPALACHIAN INS CO RI ARBELLA MUT INS CO MA ARCH INS CO MO 9 0,0, ARCHITECTS & ENGINEERS INS CO RRG DE,6, ARGONAUT GREAT CENTRAL INS CO IL ARI INS CO PA ARMED FORCES INS EXCH KS ARROWOOD IND CO DE ASPEN SPECIALTY INS CO ND,00 0 () 8,9, ASSOCIATED MUT INS CO NY ATAIN SPECIALTY INS CO MI (8) ATLANTIC CAS INS CO NC ATLANTIC MUT INS CO NY () ATLANTIC SPECIALTY INS CO NY ALPS PROP & CAS INS CO MT AUGUSTA MUT INS CO VA AUSTIN MUT INS CO MN AUTO CLUB INS ASSOC MI AUTO OWNERS INS CO MI AXA INS CO NY AXIS INS CO IL,99 0 0, AXIS REINS CO NY, AXIS SPECIALTY INS CO CT 7, ,0 6, AXIS SURPLUS INS CO IL,8,6, BARNSTABLE CNTY MUT INS CO MA BARTON MUT INS CO MO BCS INS CO OH,70, BEDIVERE INS CO PA BREMEN FARMERS MUT INS CO KS BROTHERHOOD MUT INS CO IN,,98, BUCKEYE STATE MUT INS CO OH BUILDERS MUT INS CO NC, BURLINGTON INS CO IL CAMERON MUT INS CO MO CAMICO MUT INS CO CA CANAL INS CO SC, CAPITAL CITY INS CO INC SC CATHOLIC RELIEF INS CO OF AMER VT Amount of Assets Pledged or Collateral Held in Trust

183 0. SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number CATLIN SPECIALTY INS CO DE (,7),886, CELINA MUT INS CO OH CENTURY SURETY CO OH 0 (0) CENTURY NATL INS CO CA,860 8,07,,0, CGB INS CO IN, , CHARTIS SELECT INS CO DE CHUBB INS CO OF NJ NJ CIVIL SERV EMPLOYEES INS CO CA, CLARENDON NATL INS CO IL COLONY INS CO VA 0,, COLONY SPECIALTY INS CO OH 6, COLORADO FARM BUREAU MUT INS CO CO COLUMBIA CAS CO IL COLUMBIA LLOYDS INS CO TX, () COMMERCE & INDUSTRY INS CO NY COMMERCIAL ALLIANCE INS CO TX CONSUMERS INS USA INC TN CONTINENTAL CAS CO IL 6,99, CO OPERATIVE INS COS VT (0) COUNTRYWIDE INS CO NY 8,00,,9,6 (6),7, CPA MUT INS CO OF AMER RRG VT CRUM & FORSTER INS CO NJ CRUSADER INS CO CA CUMBERLAND MUT FIRE INS CO NJ, 7,9, DE SMET FARM MUT INS CO OF SD SD DOCTORS CO AN INTERINS EXCH CA DONEGAL MUT INS CO PA EASTERN MUT INS CO NY () ELECTRIC INS CO MA EMPLOYERS INS OF WAUSAU WI EMPLOYERS MUT CAS CO IA,99,08, ENDURANCE AMER SPECIALTY INS CO DE,8,,670,0 6, ERIE & NIAGRA INS ASSOC NY EVEREST NATL INS CO DE, , EXECUTIVE RISK IND INC DE FACTORY MUT INS CO RI FAIRMONT SPECIALTY INS CO CA FALLS LAKE NATL INS CO OH, FARM BUREAU MUT INS CO OF MI MI FARM BUREAU PROP & CAS INS CO IA FARMERS & MERCHANTS MUT FIRE INS CO MI FARMERS INS CO OF FLEMINGTON NJ 8 88 (9) FARMERS MUT FIRE INS CO OF SALEM CN NJ,,, FARMERS MUT HAIL INS CO OF IA IA FARMERS UNION MUT INS CO MT FARMERS UNION MUT INS CO ND FARMLAND MUT INS CO IA (8) FEDERAL INS CO IN 7,,78, FEDERATED MUT INS CO MN,89,, FIDELITY & DEPOSIT CO OF MD MD FIRST FIN INS CO IL FIRST INS CO OF HI LTD HI FLORIDA LAWYERS MUT INS CO FL FOUNDERS INS CO IL FRANKLIN MUT INS CO NJ, FREESTONE INS CO DE FREMONT INS CO MI FRIENDS COVE MUT INS CO PA FULMONT MUT INS CO NY GARFIELD FARM MUTUAL INS ASSOC TX 6 Amount of Assets Pledged or Collateral Held in Trust

184 0. SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number GENCON INS CO OF VT VT,0,8, GENESIS IND INS CO ND GOODVILLE MUT CAS CO PA GRAIN DEALERS MUT INS CO IN GREAT AMER E&S INS CO DE GREAT AMER INS CO OH,90,80,80,67, GREATER NY MUT INS CO NY 70,99, GREENWICH INS CO DE, GRINNELL MUT REINS CO IA, GUIDEONE MUT INS CO IA,08,78,80 () 8,7, GUILDERLAND REINS CO NY GUILFORD INS CO IL,7,8,8,6, HANOVER INS CO NH 8,60 9,7, HARCO NATL INS CO IL HARFORD MUT INS CO MD,08,9, HARLEYSVILLE MUT INS CO PA HARTFORD FIRE IN CO CT HARTFORD STEAM BOIL INSPEC INS CO CT CT -8 HARVEST REINS SERV INC MT, 8,8 8,8 7, HOCHHEIM PRAIRIE CAS INS CO TX HOCHHEIM PRAIRIE FARM MUT INS ASSOC TX HOME INS CO NH HOUSING AUTHORITY PROP A MUT CO VT HOUSING AUTHORITY RRG INC VT HOUSING ENTERPRISE INS CO INC VT, HOUSTON CAS CO TX HUDSON INS CO DE ILLINOIS CAS CO A MUT CO IL ILLINOIS STATE BAR ASSN MUT INS CO IL 08 (89) IMPERIUM INS CO TX IMT INS CO IA,90,6, INDIAN HARBOR INS CO DE INFINITY INS CO IN, INSURANCE CO OF THE WEST CA IRONSHORE SPECIALTY INS CO AZ JAMES RIVER INS CO OH,7 6, JEWELERS MUT INS CO WI KENSINGTON INS CO NY 97, KOOKMIN BEST INS CO LTD NY LANCER INS CO IL LAWYERS MUT INS CO OF KY KY LAWYERS MUT LIAB INS CO OF NC NC (0) LE MARS INS CO IA LEGION INS CO PA LEXINGTON INS CO DE LIBERTY MUT FIRE INS CO WI,99 0,009, LIBERTY MUT INS CO MA 7,97 8 7, 7,9,7, LITITZ MUT INS CO PA LM PROP & CAS INS CO IN LOUDOUN MUT INS CO VA LUMBERMENS MUT CAS CO IL (9) (9) LUMBERMENS UNDERWRITING ALLIANCE MO (9) MADISON MUT INS CO IL MARYSVILLE MUT INS CO KS MAXUM IND CO DE, MCMILLAN WARNER MUT INS CO WI MENNONITE MUT INS CO OH MERCHANTS MUT INS CO NY,,8,8 868, METROPOLITAN GRP PROP & CAS INS CO RI METROPOLITAN PROP & CAS INS CO RI 69 Amount of Assets Pledged or Collateral Held in Trust

185 0. SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number MICHIGAN MILLERS MUT INS CO MI, MID CONTINENT CAS CO OH, , MIDWEST FAMILY MUT INS CO IA,,67, MID WEST NATL LIFE INS CO OF TN TX MILLERS CAPITAL INS CO PA,8,,, MILLERS FIRST INS CO IL MILLVILLE MUT INS CO PA MINNESOTA LAWYERS MUT INS CO MN (8) MINNESOTA LIFE INS CO MN MITSUI SUMITOMO INS USA INC NY MOUNT VERNON SPECIALTY INS CO NE () MOUNTAIN STATES MUT CAS CO NM MT MORRIS MUT INS CO WI MUNICH AMERICAN REINS CO NY () MUTUAL BENEFIT INS CO PA, 7,878, NARRAGANSETT BAY INS CO RI,09,98, NATIONAL AMER INS CO OK, NATIONAL HOME INS CO RRG CO 7 7, NATIONAL INTERSTATE INS CO OH,08,67, NATIONAL INTERSTATE INS CO OF HI INC OH NATIONAL PUBLIC FINANCE GUAR CORP NY NATIONAL UNION FIRE INS CO OF PITTS PA NATIONAL UNITY INS CO TX NATIONWIDE MUT INS CO OH,7 (7),,69 (9) NAU COUNTRY INS CO MN NAVIGATORS INS CO NY 6,67 () 986 9,7, NEW HAMPSHIRE INS CO IL NEW LONDON CNTY MUT INS CO CT NEW YORK MARINE & GEN INS CO NY NEW YORK SCHOOLS INS RECIP NY NGM INS CO FL,,9, NODAK MUT INS CO ND NORTH RIVER INS CO NJ NORTH STAR MUT INS CO MN,96,97, NORTHERN MUT INS CO MI NORWEGIAN MUTUAL FIRE INS MN OHIO BAR LIAB INS CO OH (9) OLD MO MUT INS CO MO OLD REPUBLIC INS CO PA 8,07, OREGON MUT INS CO OR OSWEGO CNTY MUT INS CO NY PACIFIC EMPLOYERS INS CO PA PACIFIC SPECIALTY INS CO CA PARAMOUNT INS CO MD,0 (0) PARIS & WASHINGTON TWP HOME INS CO OH PARTNER REINS CO OF THE US NY () PATRONS & FARMERS MUT OF MO MO PATTERSON INS CO LA PEMCO MUT INS CO WA (67) PENINSULA INS CO MD PENN MUT INS CO PA PENNSYLVANIA LUMBERMENS MUT INS PA PENNSYLVANIA MANUFACTURERS ASSOC INS PA 6,66, PETROLEUM MARKETERS MGMT INS CO IA PHARMACISTS MUT INS CO IA,8,9, PHILADELPHIA CONTRIBUTIONSHIP INS PA,8 6,76, PREFERRED MUT INS CO NY,80,767,77 6, PREFERRED PROFESSIONAL INS CO NE PRIMEONE INS CO MI PRIORITY ONE INS CO TX 7 Amount of Assets Pledged or Collateral Held in Trust

186 0. SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number PRIVILEGE UNDERWRITERS RECP EXCH FL PROASSURANCE CAS CO MI WATFORD INS CO NJ PROGRESSIVE CAS INS CO OH PROTECTIVE INS CO IN PROVIDENCE MUT FIRE INS CO RI PROVIDENCE WASHINGTON INS CO RI PUBLIC SERV INS CO IL QBE INS CORP PA QBE REINS CORP PA,, QUANTA IND CO CO R&Q REINS CO PA () RELIANT AMER INS CO TX REPUBLIC UNDERWRITERS INS CO TX RESIDENTIAL INS CO INC A RRG HI RLI INS CO IL,007,6, ROCKFORD MUT INS CO IL ROCKINGHAM INS CO VA 98 () RURAL COMM INS CO MN RURAL MUT INS CO WI () RUTGERS CAS INS CO NJ SAGAMORE INS CO IN SCOTTSDALE INS CO OH 6, 0,7 0,7,, SECURA INS A MUT CO WI,0,, SECURITY MUT INS CO NY 790 9,79, SELECTIVE INS CO OF AMER NJ 7,78, SENECA INS CO INC NY SENTRY INS A MUT CO WI SEQUOIA INS CO CA SHEBOYGAN FALLS INS CO WI SOCIETY INS A MUT CO WI SOMPO JAPAN INS CO OF AMER NY SOUTHERN MUT CHURCH INS CO SC SOUTHERN MUT INS CO GA SOUTHERN PIONEER PROP & CAS INS CO AR SOUTHERN UNDERWRITERS INS CO OK SPRING VALLEY MUT INS CO MN 0 (0) ST PAUL FIRE & MARINE INS CO CT STARR IND & LIAB CO TX, , STATE AUTOMOBILE MUT INS CO OH, STILLWATER INS CO CA SUECIA INS CO NY SUSSEX INS CO SC 80 7, 7, T H E INS CO LA TECHNOLOGY INS CO INC NH,7 0 76, TEXAS LAWYERS INS EXCH TX THE BAR PLAN MUT INS CO MO DENTISTS INS CO CA TIG INS CO CA TOKIO MARINE & NICHIDO FIRE INS CO NY TOKIO MARINE SPECIALTY INS CO DE, , TOPA INS CO CA TRAVELERS CAS & SURETY CO CT TRAVELERS IND CO CT () TRAVELERS PROP CAS CO OF AMER CT () () TRENWICK AMER REINS CORP CT UNION MUT FIRE INS CO VT, UNITED EDUCATORS INS RRG INC VT,8,0, UNITED FIRE & CAS CO IA,66,68, UNITED STATES FIRE INS CO DE Amount of Assets Pledged or Collateral Held in Trust

187 0. SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number UNITED STATES LIAB INS CO PA UNIVERSAL N AMER INS CO TX UPLAND MUT INS INC KS UTICA MUT INS CO NY 09,67, VANLINER INS CO MO VERMONT MUT INS CO VT, WAYNE MUT INS CO OH WESCO INS CO DE WEST BEND MUT INS CO WI () WESTCHESTER FIRE INS CO PA (0),6, WESTERN NATL MUT INS CO MN,78 (8) 7,6 7, WESTERN WORLD INS CO NH,,79, WESTMINSTER AMER INS CO MD WHITE HALL MUT INS CO PA -0 9 WHITE PINE INS CO MI WISCONSIN MUT INS CO WI WISCONSIN REINS CORP WI WOLVERINE MUT INS CO MI WOODVILLE MUT INS ASSOC OH WORKMENS AUTO INS CO CA WRM AMER IND CO INC NY XL REINS AMER INC NY 6,99 60,9,789,699 8, XL SPECIALTY INS CO DE ZURICH AMER INS CO OF IL IL Amount of Assets Pledged or Collateral Held in Trust Total Other U.S. Unaffiliated Insurers 0,68,669,760 9,9,60,8 09, Pools and Associations - Voluntary Pools AA AMERICAN NUCLEAR INSURERS PRIMARY LIAB POOL CT (6) () 0 () (6) 6 AA GARDEN STATE REINS ASSN PA 8 8 AA ASSOCIATED AVIATION UNDERWRITERS (AAU) NJ 8 8 AA GUY CARPENTER & CO INC REGIONAL ACCNTS PROGRAM PA,78,787,787,99,96 AA GUY CARPENTER & CO INC TREATY REINS PROGRAM PA, ,6 AA GUY CARPENTER & CO UMBRELLA QUOTA SHARE PRGM PA,8,0,0 90,6 AA ASSOCIATED MEDICAL REINS UNDERWRITERS PA MASB-SEG PROPERTY/CASUALTY POOL, INC MI AA MUTUAL MARINE OFFICE INC NY 0 AA SOMERSET MARINE INC SYNDICATE NY AA US AIRCRAFT INS GRP NY 0 AA WORKERS COMP UNDERWRITERS ASSN PA Pools and Associations - Voluntary Pools - Pools, Associations or Other Similar Facilities,6 () 9,8 9,80 0,90, Pools and Associations - Total Pools and Associations,6 () 9,8 9,80 0,90, Other Non-U.S. Insurers AA ACE INA INS CAN AA AGRICORP (FORMERLY AA-99907) CAN AA AGRICULTURE FINANCIAL SERV CORP CAN AA ALBERTA MOTOR ASSN INS CO CAN AA ALLSTATE INS CO OF CANADA CAN 9 () 68 6 AA ASSOCIATED ELECTRIC & GAS INS SERVICES LTD BMU 7,07 7,7 6,07,7, ASSUREPRO INS CO LTD CAN 7 7 () 6 AA ATLANTIC INS CO LTD TCA 69,07,07 (6) 7 AA AVIVA INS CO OF CANADA CAN AA AXA CANADA CAN AA Axis Specialty Ltd BMU AA BCAA INS CO CAN, BRITISH COLUMBIA'S MINISTRY OF FINANCE CAN AA CAA INS CO (ONTARIO) CAN AA HSBC Canadian Direct Ins Inc CAN 9 9

188 0.6 SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating NAIC Paid Losses and Contingent Deposited With Balances to Company Domiciliary Loss Adjustment Known Case Commissions Premiums Unearned Reinsured Letters of Credit Secure Letters Code Name of Reinsured Jurisdiction Premium s Losses and LAE Cols Payable Receivable Premium Companies Posted of Credit ID Number CANADIAN LAWYERS LIABILITY ASSUR CAN AA COOPERATORS GEN INS CO CAN,,0,0 AA CUMIS GEN INS CO CAN DESJARDINS ASSUR GEN DES CAISSES CAN AA ECCLESIASTICAL INS OFFICE PLC GBR, () 70 9 AA ECHELON GENERAL INS CO CAN,767,767 9 AA ECONOMICAL MUT INS CO CAN,,0,0 AA Endurance Specialty Ins Ltd BMU, ,7 8 AA EVEREST INS CO OF CANADA CAN AA FARM MUT REINS PLAN LTD CAN 6 6 AA FEDERATED INS CO OF CANADA CAN AA LOYALIST INS CO CAN AA GCAN INS CO CAN 7 7 AA GORE MUT INS CO CAN 98,60,60 AA Healthcare Ins Recip of CN CAN 886,80,80 AA IAT REINS SYNDICATE LTD BMU AA Innovassur Assur Gen Inc CAN AA INSURANCE CORP OF BRITISH COLUMBIA CAN AA INTACT INS CO CAN 860,69,69 AA JEVCO INS CO CAN AA GUARANTEE CO OF NORTH AMERICA CAN 80 () AA La Mut de Municipalities de Quebec CAN 9,, 8 AA L Alpha Compagnie d Assur Inc CAN 0 0 AA L Assur Mut des Fabriques de Montreal CAN LAWYERS PROFESSIONAL IND CO CAN LIBERTY INT'L CDA CAN (98) 8,9 8,8 (6) 67, AA LLOYD'S SYNDICATE NUMBER GBR AA LLOYD'S SYNDICATE NUMBER GBR AA MANITOBA AGRIC SERV CORP (FORMERLY AA-99908) CAN AA MANITOBA PUBLIC INS CORP CAN AA METRO GEN INS CORP CAN () AA MILLENNIUM INS CORP CAN AA MUNICIPAL INS ASSN B.C. (FORMERLY AA-9997) CAN 86,9,9 AA MUT FIRE INS CO OF B C CAN 68 0 AA NORTHBRIDGE COMMERCIAL INS CORP CAN 8 8 AA NORTHBRIDGE GENERAL INS CORP CAN,7,9, OPTIMUM GEN INC CAN, (9),086 AA PEACE HILLS GEN INS CO CAN,0,998,998 () 0,068 AA PORTAGE LA PRAIRIE MUT INS CO CAN, AA Primmum Ins Co CAN () AA Prince Edward Island Agricultural Ins Corp CAN 0 AA PROMUTUEL REASSUR CAN AA R&Q QUEST (SAC) LIMITED BMU 76 0 AA Red River Valley Mut Ins CO CAN 8 (),9,88 AA Royal & Sun Alliance Ins Co of Canada CAN,08,67,67 () 8 7 AA SASKATCHEWAN CROP INS CORP (FORMERLY AA ) CAN 0 AA SASKATCHEWAN GOV INS CAN SASKATCHEWAN MPL HAIL INS ASN(FORMERLY AA ) CAN AA AA SASKATCHEWAN MUT INS CO CAN SSQ SOCIETE D'ASSURANCES GENERALES INC CAN 0 0 AA TD Gen Ins Co CAN AA THE NORDIC INS CO OF CANADA CAN 6 6 AA DOMINION OF CANADA GEN INS CO CAN (8),, AA WAWANESA MUT INS CO CAN 8 AA GRAIN INS & GUARANTEE CO CAN,8,60,60 AA XL Bermuda Ltd BMU,8,8 Amount of Assets Pledged or Collateral Held in Trust

189 SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) Reinsurance On Amount of Assets Pledged or Funds Held By or Compensating Deposited With Balances to Reinsured Letters of Credit Secure Letters Companies Posted of Credit ID Number NAIC Company Code Name of Reinsured Domiciliary Jurisdiction Premium Paid Losses and Loss Adjustment s Known Case Losses and LAE Cols Contingent Commissions Payable Premiums Receivable Unearned Premium AA XL INS CO LTD BRB Amount of Assets Pledged or Collateral Held in Trust Total Other Non-U.S. Insurers, ,7 76,77 (),67 0, Totals 68,96,660 0,786,6,68,6,

190 ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA NAIC Company Code SCHEDULE F - PART Premium Portfolio Reinsurance Effected or (Canceled) during Current Year ID Number Name of Company Date of Contract Original Premium Reinsurance Premium Total Reinsurance by Portfolio 0 0 Reinsurance By Portfolio AMERISURE MUT INS CO 07/0/0 (66,60) (8,0) AMERISURE MUT INS CO 07/0/06 66,60 8,0 AA ASSOCIATED ELECTRIC & GAS INS SERVICES LTD 0/0/0 (,676,0) (,88,70) AA ASSOCIATED ELECTRIC & GAS INS SERVICES LTD 0/0/06,88,6,6, ASSUREPRO INS CO LTD 0/0/0 (0,8) (,90) ASSUREPRO INS CO LTD 0/0/06 0,8,90 AA ATLANTIC INS CO LTD 0/0/0 (666,88) (,) AA ATLANTIC INS CO LTD 0/0/06 666,88, AA BCAA INS CO 0/0/0 (,77,990) (887,99) AA BCAA INS CO 0/0/06,7, 87, BURLINGTON INS CO 07/0/0 (0,89) (0,90) BURLINGTON INS CO 07/0/0 (,600) (7,00) BURLINGTON INS CO 07/0/06 9,06 6, CAMERON MUT INS CO 0/0/0 (77,697) (7,89) CAMERON MUT INS CO 0/0/06 0,7 0, COLUMBIA LLOYDS INS CO 0/0/0 (,0,09) (70,08) COLUMBIA LLOYDS INS CO 0/0/06,0,09 70, CO OPERATIVE INS COS 0/0/0 (,8) (60,79) CO OPERATIVE INS COS 0/0/06,8 60, COUNTRYWIDE INS CO 0/0/0 (7,96,9) (8,97,7) COUNTRYWIDE INS CO 0/0/06,9,6,96, FARMERS INS CO OF FLEMINGTON 0/0/0 (,768) (7,88) FARMERS INS CO OF FLEMINGTON 0/0/06,768 7, FRANKLIN MUT INS CO 0/0/0 (,,6) (7,) FRANKLIN MUT INS CO 0/0/06,,6 7, GUILFORD INS CO 07/0/0 (,9,00) (,7,00) GUILFORD INS CO 07/0/0 89,87 09, GUILFORD INS CO 07/0/06,90,8 970, HANOVER INS CO 0/0/0 (76,6) (8,07) HANOVER INS CO 0/0/06 76,6 8, INFINITY INS CO 06/0/06,8, 69, MERCHANTS MUT INS CO 0/0/0 (,0,86) (,,9) MERCHANTS MUT INS CO 0/0/06,0,86,, MT MORRIS MUT INS CO 0/0/0 (0,900) (0,0) MT MORRIS MUT INS CO 0/0/06 0,900 0,0 AA PEACE HILLS GEN INS CO 0/0/0 (89) () AA PEACE HILLS GEN INS CO 0/0/0 (,8,00) (,07,00) AA PEACE HILLS GEN INS CO 0/0/06,8,09,07, PEMCO MUT INS CO 0/0/0 (,,) (76,7) AA PORTAGE LA PRAIRIE MUT INS CO 0/0/0 (99,00) (96,60) AA PORTAGE LA PRAIRIE MUT INS CO 0/0/06 99,00 96, SOUTHERN MUT CHURCH INS CO 0/0/0 (66,87) (,8) SOUTHERN MUT CHURCH INS CO 0/0/06 66,87, STATE AUTOMOBILE MUT INS CO 07/0/0 (,7,09) (7,0) STATE AUTOMOBILE MUT INS CO 07/0/06 0, 70, WISCONSIN REINS CORP 0/0/0 (,) (6,777) WISCONSIN REINS CORP 0/0/06 8,76 09, Total Reinsurance by Portfolio 7,89,77,9,68 6

191 ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) 6 Reinsurance Recoverable On Reinsurance Payable Net Amount Recoverable Other From NAIC Reinsurance Known Case Known Case Contingent Cols. Amounts Reinsurers Company Domiciliary Special Premiums Paid Paid Loss LAE IBNR Loss IBNR LAE Unearned Commissions 7 through Balances Due to Cols. - Code Name of Reinsurer Jurisdiction Code Losses LAE Reserves Reserves Reserves Reserves Premiums Totals Payable Reinsurers [6 + 7] ID Number Authorized - Other U.S. Unaffiliated Insurers ARROWOOD IND CO DE EMPLOYERS MUT CAS CO IA GENERAL REINS CORP DE COLISEUM REINS CO DE NETHERLANDS INS CO THE NH STARNET INS CO DE Total Authorized - Other U.S. Unaffiliated Insurers Total Authorized - Total Authorized Unauthorized - Affiliates - Other (Non-U.S.) - Other AA THE TOA REINS CO LTD JPN 7,6,90 0,66, 7, 877,9 89, 7,067 7,8 79, Total Unauthorized - Affiliates - Other (Non-U.S.) - Other 7,6,90 0 0,66, 7, 877,9 89, 7, ,8 79, Total Unauthorized - Affiliates - Other (Non-U.S.) - Total 7,6,90 0 0,66, 7, 877,9 89, 7, ,8 79, Total Unauthorized - Affiliates - Total Unauthorized - Affiliates 7,6,90 0 0,66, 7, 877,9 89, 7, ,8 79,09 Unauthorized - Other U.S. Unaffiliated Insurers HIGHLANDS INS CO TX Total Unauthorized - Other U.S. Unaffiliated Insurers Unauthorized - Other non-u.s. Insurers AA EXCESS INS CO LTD GBR ,7,7 AA HANNOVER RUECK SE DEU AA KYOEI FIRE AND MARINE INS CO LTD JPN LLOYD'S SYNDICATE NUMBER 09 GBR AA LLOYD'S SYNDICATE NUMBER 7 GBR LLOYD'S SYNDICATE NUMBER GBR LLOYD'S SYNDICATE NUMBER 6 GBR LLOYD'S SYNDICATE NUMBER 7 GBR LLOYD'S SYNDICATE NUMBER 89 GBR LLOYD'S SYNDICATE NUMBER 98 GBR AA LLOYD'S SYNDICATE NUMBER 8 GBR LLOYD'S SYNDICATE NUMBER 86 GBR LLOYD'S SYNDICATE NUMBER 66 GBR AA LLOYD'S SYNDICATE NUMBER 89 GBR LLOYD'S SYNDICATE NUMBER 99 GBR 7 7 AA MUNICIPAL GEN INS LTD GBR AA SAN FRANCISCO RE UK GBR AA Sompo Japan Nipponkoa Ins Inc JPN AA ST PAUL REINS CO LTD (UK CORP) GBR 7, 99,97,97 AA SWISS REINS CO CHE Total Unauthorized - Other Non-U.S. Insurers , ,9 0 0, Total Unauthorized - Total Unauthorized 7,6,6 0 0,89,0 0,,08,6 9,70 7, ,6 79, Total Authorized, Unauthorized and Certified 7,6,7 0 0,99,8 0,768,089,6 9,6 7, ,6 79, Totals 7,6,7 0 0,99,8 0,768,089,6 9,6 7, ,6 79,09 NOTE: A. Report the five largest provisional commission rates included in the cedant s reinsurance treaties. The commission rate to be reported is by contract with ceded premium in excess of $0,000: Name of Reinsurer Commission Rate Premium. THE TOA REINS CO LTD 7.0 7,6.... Funds Held By Company Under Reinsurance Treaties B. Report the five largest reinsurance recoverables reported in Column, due from any one reinsurer (based on-the total recoverables, Line , Column, the amount of ceded premium, and indicate whether the recoverables are due from an affiliated insurer. Name of Reinsurer Total Recoverables Premiums Affiliated. THE TOA REINS CO LTD 89, 7,6 Yes [ X ] No [ ]. ST PAUL REINS CO LTD (UK CORP),97 0 Yes [ ] No [ X ]

192 ID Number ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE F - PART Reinsurance as of December, Current Year (000 Omitted) 6 Reinsurance Recoverable On Reinsurance Payable Net Amount Recoverable Other From NAIC Reinsurance Known Case Known Case Contingent Cols. Amounts Reinsurers Company Domiciliary Special Premiums Paid Paid Loss LAE IBNR Loss IBNR LAE Unearned Commissions 7 through Balances Due to Cols. - Code Name of Reinsurer Jurisdiction Code Losses LAE Reserves Reserves Reserves Reserves Premiums Totals Payable Reinsurers [6 + 7]. EXCESS INS CO LTD,7 0 Yes [ ] No [ X ]. ARROWOOD IND CO Yes [ ] No [ X ]. SOMPO JAPAN NIPPONKOA INS INC 7 0 Yes [ ] No [ X ] Funds Held By Company Under Reinsurance Treaties.

193 SCHEDULE F - PART Aging of Reinsurance as of December, Current Year (000 Omitted) Reinsurance Recoverable on Paid Losses and Paid Loss Adjustment s Overdue NAIC Company Code Percentage Overdue Col. 0/Col. Percentage More Than 0 Days Overdue Col. 9 / Col. ID Number Name of Reinsurer Domiciliary Jurisdiction Current to 9 Days 0-90 Days 9-0 Days Over 0 Days Total Overdue Cols Total Due Cols. + 0 Authorized - Other U.S. Unaffiliated Insurers ARROWOOD IND CO DE GENERAL REINS CORP DE NETHERLANDS INS CO THE NH STARNET INS CO DE Total Authorized - Other U.S. Unaffiliated Insurers Total Authorized - Total Authorized Unauthorized - Affiliates - Other (Non-U.S.) - Other AA THE TOA REINS CO LTD JPN,90 0, Total Unauthorized - Affiliates - Other (Non-U.S.) - Other, , Total Unauthorized - Affiliates - Other (Non-U.S.) - Total, , Total Unauthorized - Affiliates - Total Unauthorized - Affiliates, , Unauthorized - Other U.S. Unaffiliated Insurers HIGHLANDS INS CO TX Total Unauthorized - Other U.S. Unaffiliated Insurers Unauthorized - Other Non-U.S. Insurers AA EXCESS INS CO LTD GBR AA KYOEI FIRE AND MARINE INS CO LTD JPN AA MUNICIPAL GEN INS LTD GBR AA SOMPO JAPAN NIPPONKOA INS INC JPN AA ST PAUL REINS CO LTD (UK CORP) GBR Total Unauthorized - Other Non-U.S. Insurers Total Unauthorized - Total Unauthorized, , Total Authorized, Unauthorized and Certified, , Totals, ,

194 NAIC Name ID Number Company Code of Reinsurer Affiliates - Other (Non-U.S.) - Other Domiciliary Jurisdiction Special Code 6 Reinsurance Recoverable All Items Schedule F Part, Col. 7 Funds Held By Company Under Reinsurance Treaties SCHEDULE F - PART Provision for Unauthorized Reinsurance as of December, Current Year (000 OMITTED) Letters of Credit Issuing or Confirming Bank Reference Number (a) Balances Payable Miscellaneous Balances Payable Trust Funds and Other Allowed Offset Items Total Collateral and Offsets Allowed (Cols but not in Excess of Col. 6) Provision for Unauthorized Reinsurance (Col. 6 Minus Col. ) Recoverable Paid Losses & LAE s Over 90 Days past Due not in Dispute 6 0% of Amount in Col. 7 0% of Amount In Dispute Included in Column 6 8 Provision for Overdue Reinsurance (Col. 6 plus Col. 7) 9 Total Provision for Reinsurance to Unauthorized Reinsurers (Col. plus Col. 8 but not in Excess of Col. 6) AA THE TOA REINS CO LTD JPN 89, 79,09 7,067 89, Total Affiliates - Other (Non-U.S.) - Other 89, 79,09 0 XXX 7, , Total Affiliates - Other (Non-U.S.) - Total 89, 79,09 0 XXX 7, , Total Affiliates - Total Affiliates 89, 79,09 0 XXX 7, , Other U.S. Unaffiliated Insurers HIGHLANDS INS CO TX Total Other U.S. Unaffiliated Insurers 0 0 XXX Other Non-U.S. Insurers AA EXCESS INS CO LTD GBR AA KYOEI FIRE AND MARINE INS CO LTD JPN LLOYD'S SYNDICATE NUMBER 66 GBR LLOYD'S SYNDICATE NUMBER 99 GBR AA MUNICIPAL GEN INS LTD GBR SOMPO JAPAN NIPPONKOA INS AA INC JPN AA ST PAUL REINS CO LTD (UK CORP) GBR AA SWISS REINS CO CHE Total Other Non-U.S. Insurers XXX Total Affiliates and Others 89,8 79, XXX 7, , Totals 89,8 79, XXX 7, , Amounts in dispute totaling $ 77 are included in Column 6.. Amounts in dispute totaling $ 0 are excluded from Column.

195 (a) Issuing or Confirming Bank Reference Number Letters of Credit Code American Bankers Association (ABA) Routing Number Letters of Credit Amount Issuing or Confirming Bank Name Citibank, N.A Citibank, N.A Bank of Tokyo-Mitsubishi UFJ, Ltd Citibank, N.A Citibank, N.A. 7.

196 Schedule F - Part 6 - Section NONE Schedule F - Part 6 - Section NONE, 6

197 NAIC Company Code ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA Reinsurance Recoverable on Paid Losses and LAE More Than 90 Days Overdue (a) SCHEDULE F - PART 7 Provision for Overdue Authorized Reinsurance as of December, Current Year 6 7 Total Reinsurance Recoverable on Paid Losses and Paid LAE (b) 8 Amounts in Col. for Companies Reporting less than 0% in Col. 7 9 Amounts in Dispute Excluded from Col. for Companies Reporting less than 0% in Col. 7 ID Number Name of Reinsurer Amounts Received Prior 90 Days Col. divided by (Cols. + 6) 0% of Amount in Col. 9 Amount Reported in Col. 8 x 0% + Col. 0 Provision for Overdue Reinsurance ARROWOOD IND CO 90, GENERAL REINS CORP 6, NETHERLANDS INS CO THE,000, STARNET INS CO, Totals,000,000 0 XXX (a) From Schedule F - Part Columns 8 + 9, total authorized, less $ in dispute. (b) From Schedule F - Part Columns 7 + 8, total authorized, less $ in dispute.

198 NAIC Company Code ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA Reinsurance Recoverable All Items SCHEDULE F - PART 8 Provision for Overdue Reinsurance as of December, Current Year 6 7 Funds Held By Company Under Balances Reinsurance Treaties Letters of Credit Payable Sum of Cols. through 9 but not in Excess of Col. Greater of Col. or Schedule F - Part Cols ID Number Name of Reinsurer Other Miscellaneous Balances Other Allowed Offset Items Col. minus Col. 0 Provision for Overdue Reinsurance NETHERLANDS INS CO THE,000 0,000, Totals, ,000,000. Total,000. Line x Schedule F - Part 7 Col. 0. Provision for Overdue Authorized Reinsurance (Lines + ) 00. Provision for Reinsurance to Unauthorized Reinsurers (Schedule F - Part, Col. 9 x 000) 8,00 6. Provision for Reinsurance to Certified Reinsurers (Schedule F, Part 6, Section, Col. x 000) 0 7. Provision for Overdue Reinsurance to Certified Reinsurers (Schedule F, Part 6, Section, Col. x 000) 0 8. Provision for Reinsurance (sum Lines ) (Enter this amount on Page, Line 6) 8,800

199 SCHEDULE F - PART 9 Restatement of Balance Sheet to Identify Net Credit for Reinsurance As Reported (Net of ) Restatement Adjustments Restated (Gross of ) ASSETS (Page, Col. ). Cash and invested assets (Line ),,007,6,,007,6. Premiums and considerations (Line ) 8,00,79 8,00,79. Reinsurance recoverable on loss and loss adjustment expense payments (Line 6.),7,9 (,7,9) 0 Funds held by or deposited with reinsured companies (Line 6.) 8,78 8,78. Other assets 88,86,679 88,86, Net amount recoverable from reinsurers,09,00,09,00 7. Protected cell assets (Line 7) Totals (Line 8),77,6,70 8,66,77,6,0 LIABILITIES (Page ) 9. Losses and loss adjustment expenses (Lines through ) 80,,7 6,00,9 9,, Taxes, expenses, and other obligations (Lines through 8) 9,69,90 9,69,90. Unearned premiums (Line 9) 0,9,6,,688,6,. Advance premiums (Line 0) 0 0. Dividends declared and unpaid (Line. and.) 0 0. reinsurance premiums payable (net of ceding commissions) (Line ) 7,066,687 7,066,687. Funds held by company under reinsurance treaties (Line ) 79,09,60 (79,09,60) 0 6. Amounts withheld or retained by company for account of others (Line ) Provision for reinsurance (Line 6) 8,800 (8,800) 0 8. Other liabilities 9,0,888 9,0, Total liabilities excluding protected cell business (Line 6),0,99,9 8,66,06,98, 0. Protected cell liabilities (Line 7) 0 0. Surplus as regards policyholders (Line 7) 669,67,9 X X X 669,67,9. Totals (Line 8),77,6,70 8,66,77,6,0 NOTE: Is the restatement of this exhibit the result of grossing up balances ceded to affiliates under 00 percent reinsurance or pooling arrangements? Yes [ ] No [ X ] If yes, give full explanation: 9

200 SCHEDULE H - ACCIDENT AND HEALTH EXHIBIT 0 Total Amount % Group Accident and Health Amount % Credit A & H (Group and Individual) Collectively Renewable Non-Cancelable Guaranteed Renewable Amount % Amount % Amount % Amount % PART - ANALYSIS OF UNDERWRITING OPERATIONS Other Individual Contracts Non-Renewable for Stated Reasons Only Other Accident Only All Other 6 7 Amount % Amount % Amount. Premiums written 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX. Premiums earned 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX. claims (0,9) 0.0 (9,000) (,9) 0.0. containment expenses claims and cost containment expenses (Lines and ) (0,9) 0.0 (9,000) (,9) Increase in contract reserves Commissions (a),0 0.0, Other general insurance expenses Taxes, licenses and fees Total other expenses incurred,0 0.0, Aggregate write-ins for deductions Gain from underwriting before dividends or refunds 6,97 0.0, , Dividends or refunds Gain from underwriting after dividends or refunds 6,97 0.0, ,9 0.0 DETAILS OF WRITE-INS Summary of remaining write-ins for Line from overflow page Total (Lines 0 through 0 plus 98) (Line above) (a) Includes $ reported as Contract, membership and other fees retained by agents. 8 %

201 SCHEDULE H - ACCIDENT AND HEALTH EXHIBIT (Continued) Other Individual Contracts Total Group Accident and Health Credit A&H (Group and Individual) Collectively Renewable Non-Cancelable Guaranteed Renewable Non-Renewable for Stated Reasons Only Other Accident Only All Other PART - RESERVES AND LIABILITIES A. Premium Reserves:. Unearned premiums 0. Advance premiums 0. Reserve for rate credits 0. Total premium reserves, current year Total premium reserves, prior year Increase in total premium reserves B. Contract Reserves:. Additional reserves (a) 0. Reserve for future contingent benefits 0. Total contract reserves, current year Total contract reserves, prior year Increase in contract reserves C. Claim Reserves and Liabilities:. Total current year 08,77,000 67,77. Total prior year 9,67 60, ,67. Increase (8,880) (9,000) (66,880) PART - TEST OF PRIOR YEAR'S CLAIM RESERVES AND LIABILITIES. Claims paid during the year:. On claims incurred prior to current year,87 0,87. On claims incurred during current year 0. Claim reserves and liabilities, December, current year:. On claims incurred prior to current year 08,77,000 67,77. On claims incurred during current year 0. Test:. Lines. and. 6,, ,. Claim reserves and liabilities, December prior year 9,67 60, ,67. Line. minus Line. (0,9) (9,000) (,9) PART - REINSURANCE A. Reinsurance :. Premiums written 0. Premiums earned 0. claims (0,9) (9,000) (,9). Commissions 0 B. Reinsurance :. Premiums written 0. Premiums earned 0. claims 0. Commissions 0 (a) Includes $ premium deficiency reserve.

202 SCHEDULE H - PART - HEALTH CLAIMS Medical Dental Other Total A. Direct:. Claims 0. Beginning Claim Reserves and Liabilities Ending Claim Reserves and Liabilities 0. Claims Paid B. Reinsurance:. Claims (0,9) (0,9) 6. Beginning Claim Reserves and Liabilities 0 0 9,67 9,67 7. Ending Claim Reserves and Liabilities 08,77 08,77 8. Claims Paid 0 0,87,87 C. Reinsurance: 9. Claims 0 0. Beginning Claim Reserves and Liabilities Ending Claim Reserves and Liabilities 0. Claims Paid D. Net:. Claims 0 0 (0,9) (0,9). Beginning Claim Reserves and Liabilities 0 0 9,67 9,67. Ending Claim Reserves and Liabilities ,77 08,77 6. Claims Paid 0 0,87,87 E. Net Claims and s: 7. Claims and s 0 8. Beginning Reserves and Liabilities Ending Reserves and Liabilities 0 0. Paid Claims and s

203 SCHEDULE P - PART A - HOMEOWNERS/FARMOWNERS ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX. 007,79,80,9,, , ,69,68,,6,6 66 0, ,90,,06,8, , ,0,6,68, ,9,67,66,00, , , , ,08,09,09, ,,8,7, ,,099, ,7,67, Totals XXX XXX XXX 8,7 9, ,6 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding , , ,8 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 0 0.,70,888, ,96,6, ,77,7, , ,,8, , , , , , XXX XXX XXX XXX XXX XXX 0 0 XXX, 7

204 SCHEDULE P - PART B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX ,,87 8,96,60 789, , ,806,666 7,0,8 8,9 9 0, ,77,799 8,78 6,0,006, , ,987,06 8,9 8,8,86, , ,66,07 7,9,9,9,7 0 6, ,66,9, 6,86,0, , ,,9 9,86,0,00, , ,688,99,79, , , ,970,,79, , , ,77,88 8,890 7,8 788, ,7 0. Totals XXX XXX XXX 00,76 0,,60,0,0 0,9,790 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding , , , , , ,097 9,069, ,6 0.,797 8,9, ,0 0. 6,78 8,87,7,, , 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 06. 6,8,0, ,60,6, ,7,8 6, ,778,67 9, ,6,89, ,06,998 0, , ,8,8 7, , ,,8 6, ,97 0.,, 8, ,00 6.,7,8 9, ,6,99. XXX XXX XXX XXX XXX XXX 0 0 XXX 8,70,8 6

205 SCHEDULE P - PART C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX ,0 86, , ,760 9,, , ,0 96 6,7,60 6, , ,669,, , ,6,87, , ,7 8, ,8 9, ,78 69, ,7 70, Totals XXX XXX XXX,,8, ,990 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding , ,00 8, ,79 0., 7, ,7 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX ,6 70, ,96 9, , , ,6 0, , ,07 9, , , ,99 09, ,8 80, , XXX XXX XXX XXX XXX XXX 0 0 XXX 6,

206 SCHEDULE P - PART D - WORKERS' COMPENSATION (EXCLUDING EXCESS WORKERS COMPENSATION) ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX, , XXX. 007 (6) 0 (6) () 0 () ,6 0, Totals XXX XXX XXX, , XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding ,9 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX

207 SCHEDULE P - PART E - COMMERCIAL MULTIPLE PERIL ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX. 007,8 97,,7 8, , ,87 0 7, 7,6, , ,070 79,9 6,09, , 0. 00,970,6, , ,60 8,77, , ,7 7 9,00, , ,9 6,8, , ,0 0,, , ,6 7, ,006 09, Totals XXX XXX XXX,9,0 6, 6, ,00 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding., , , , , ,9 0 6., , ,, , , , , , , , , 0 9,68 9 9, , 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX , 8, , 79. 0, , ,8. 8, , , 7 7, , ,9 6, ,0 0 7.,8 9, ,60 8.,67 6, ,7 7 9.,67 9, , , 66, ,9.,0, ,8 7. XXX XXX XXX XXX XXX XXX 0 0 XXX,67,696 9

208 SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - OCCURRENCE ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX (9) 0 (9) Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding , ,79 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX

209 SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - CLAIMS-MADE ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX 0 0

210 SCHEDULE P - PART G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT (ALL PERILS), BOILER AND MACHINERY) ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX. 007,06 9,97, ,9 XXX. 008,67 9,8, ,60 XXX. 009,9 0, XXX. 00,76 0, XXX XXX XXX (7) 0 0 (7) XXX XXX XXX (8) XXX. Totals XXX XXX XXX 7, ,79 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding , , , ,09 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 0.,0 0, ,690 0, ,0 0, , () 0 () (00.0) 0.0 (00.0) (0.) XXX XXX XXX XXX XXX XXX 0 0 XXX,8 9

211 SCHEDULE P - PART H - SECTION - OTHER LIABILITY - OCCURRENCE ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX,86 00, , XXX ,9 0 6,9 0,86 0, , ,070 (08),78 6,67 0, , ,9 6,8 0,98 0, , ,0 0 6,0 7,790 0, , ,708 60,68 9, 0, , ,096 () 8,0,6 0, , , ,777 8,07 0, , ,8 0 8,8 7, , , 0 7,, , ,60 7, Totals XXX XXX XXX 7, ,0 0, 0 0,789 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding.,7 06,0, , , ,906 0, ,9 0.,77 0, , 0.,9 0,000 0, , ,8 0, 0, , ,660 0,80 0, , ,7 0,96 0,0 0, , , , 0,6 0, , , , , ,9 0. 6,68 0 8,67 0,8 0, , ,07 06,79,96,7 86 8,6 9,6 0,7 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX,0 6,9.,98 0, , 0, , ,68 0 7, , ,8 0 8, ,9,8 6.,00 0, ,98, ,8 0 9, ,6, ,0 0 8, ,70,9 9. 8,67 0 8, ,00, ,97 0 9, ,0,79.,9 0, ,8,767. XXX XXX XXX XXX XXX XXX 0 0 XXX 89,0,07

212 SCHEDULE P - PART H - SECTION - OTHER LIABILITY - CLAIMS-MADE ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX. 007,6 0,6, , ,9 0,9, , ,9 0 8,9, , , ,760, , ,0 0 8,0, , ,6 0 8,6, , ,6 0, ,98 0 0,98, , ,06 0 8, ,0 0, Totals XXX XXX XXX,097 0, ,68 XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding. 78 0, , , , , , , , , , , , , , , , , , , ,8 0., 0 0, , ,786 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX,9. 8,0 0 8, ,66 7.,7 0, ,7 0, ,80 80.,0 0, , 6. 6,0 0 6, ,0 7.,967 0, ,00 8.,8 0, , ,6 0 6, , , , , , , ,8 6. XXX XXX XXX XXX XXX XXX 0 0 XXX,,6

213 SCHEDULE P-PART I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE, EARTHQUAKE, BURGLARY AND THEFT) ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX,9, ,7 XXX. 0 9,6 7,97 77,88 6,, ,766 XXX. 06,66 6,87 9,88,0, ,7 XXX. Totals XXX XXX XXX 7,6,9, , XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding. 6,80,70 6,06, ,70 0.,77,6 9,788, ,6 0.,99,7 66,98,70 6 9, ,0 0. 6,096 7,6 8,80 7,0 8 7, , 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 9, ,9 8,77 6, ,09. 79,767 9,86 69, ,86,66. XXX XXX XXX XXX XXX XXX 0 0 XXX 8,866,66

214 SCHEDULE P - PART J - AUTO PHYSICAL DAMAGE ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX, XXX. 0 0,98,08,7,,6, , , 6,70 6,60,06, ,96 0. Totals XXX XXX XXX 9,,7, ,779 XXX Adjusting and Other Losses Unpaid Defense and Unpaid Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Number of Total Claims Salvage and Subrogation Anticipated Net Losses and s Unpaid Outstanding Direct and ,, , ,86, ,8 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 0. 6,87,9, ,707,89, ,77. XXX XXX XXX XXX XXX XXX 0 0 XXX,67 6

215 SCHEDULE P-PART K - FIDELITY/SURETY ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX XXX XXX. Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX

216 SCHEDULE P-PART L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH) ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX XXX XXX. Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding. 7 0, , , ,68 0 Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX, XXX XXX XXX XXX XXX XXX 0 0 XXX,9 9 8

217 SCHEDULE P - PART M - INTERNATIONAL ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () XXX. Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX

218 SCHEDULE P - PART N - REINSURANCE - NONPROPORTIONAL ASSUMED PROPERTY ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Earned and Losses Were Direct and Net (Cols. - ) Direct and Direct and Direct And Salvage and Subrogation Received Total Net Paid (Cols ). Prior XXX XXX XXX, XXX. 007,07,88,69,86, 7 0 0,7 XXX. 008,97 0,0 0,69,8 7, , XXX ,66,60,0 9,60, ,7 XXX. 00 9,8 9,7 9,6,09 8,7, ,0 XXX ,66 8,97,09 6,990 0,97, ,9 XXX ,88 6,98 7,60 00,9,807, , XXX ,6,7,069 7,,78, , XXX ,79,609 0,0,60, ,978 XXX ,8 0,00,80 8,7, ,0 XXX. 06 8,8 8,89,87,0 7, ,0 XXX. Totals XXX XXX XXX 8,09 0,889 9,86,00,060 0,6 68, XXX Number of Claims Reported Direct and Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Direct and Direct and Direct and Direct and Direct and Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Direct and., XXX XXX XXX XXX XXX 6.,86 66, ,99 XXX 7.,87 96, ,86 XXX 8.,698,6, ,96 XXX 9. 7,088,060, , XXX 0. 8,0 0,60 6,69 0,79 9 0,0 XXX. 9,66,8 6,77,, ,87 XXX. 6,0,8,9,7,77,7,8,6 0,0 6,7 XXX Total Losses and Loss s Direct and Net Loss and Loss Percentage (/Premiums Earned) 9 0 Direct and Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Losses Unpaid Loss s Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX 8 7.,79,7, ,9 8,90 8, ,90,86 6, ,7 9,9, ,6,99 7, , ,,8 7, , ,6,967, , ,07 8,096, ,0 8 0.,7,96, ,960,70. 7,70, 9, ,,7. XXX XXX XXX XXX XXX XXX 0 0 XXX,6,0 0

219 SCHEDULE P - PART O - REINSURANCE - NONPROPORTIONAL ASSUMED LIABILITY ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Earned and Losses Were Direct and Net (Cols. - ) Direct and Direct and Direct And Salvage and Subrogation Received Total Net Paid (Cols ). Prior XXX XXX XXX,66 6, ,79 XXX ,9 0,99 6,6 0 6, ,967 XXX ,9 () 96,7, 0, ,78 XXX , ,768,0 0 6, ,0 XXX ,7 0 07,7,807 0, ,00 XXX , ,788 7,98 0, ,96 XXX ,796 9,79 6,88 0, ,860 XXX 8. 0,790,78 7,89 0, ,679 XXX ,97 0 8,97,96 0, , XXX 0. 0,9 0,9, ,87 XXX. 06,80 0,80 6, , XXX. Totals XXX XXX XXX 00,0 6,68 0 6, 0 9 7,6 XXX Number of Claims Reported Direct and Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Direct and Direct and Direct and Direct and Direct and Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Direct and.,9 0 0,9 0,69 0, ,6 XXX. 7,70 0 9, , ,77 XXX. 8, 0,660 0, ,86 XXX., 0, ,679 XXX. 7,89 0,7 0, ,79 XXX 6.,86 0,0 0, , XXX 7.,76 0, 0, , XXX 8. 6,60 0,88 0,000 0, ,686 XXX 9. 9,77 0 6,76 0,7 0,76 0 0,00 XXX 0. 9,9 0 7,88 0,60 0 6, ,69 XXX. 0,6 0, , ,6 XXX., ,06 0 6, ,07 0, 0 6 7,99 XXX Total Losses and Loss s Direct and Net Loss and Loss Percentage (/Premiums Earned) 9 0 Direct and Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Losses Unpaid Loss s Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX,87,8. 89, , ,,6. 7,0 0 7, ,7, , , ,6,. 70, , ,,08 6.,07 0, ,7, , 0 7, ,07, ,6 0 80, ,87, ,7 0 8, ,6 7, , 0 8, ,76 8, , , ,97 9,9. XXX XXX XXX XXX XXX XXX 0 0 XXX 08,06 9,9

220 SCHEDULE P - PART P - REINSURANCE - NONPROPORTIONAL ASSUMED FINANCIAL LINES ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Earned and Losses Were Direct and Net (Cols. - ) Direct and Direct and Direct And Salvage and Subrogation Received Total Net Paid (Cols ). Prior XXX XXX XXX XXX. 007 (9) 0 (9) XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Totals XXX XXX XXX XXX Number of Claims Reported Direct and Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Direct and Direct and Direct and Direct and Direct and Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Direct and XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 0, ,0 XXX Total Losses and Loss s Direct and Net Loss and Loss Percentage (/Premiums Earned) 9 0 Direct and Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Losses Unpaid Loss s Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX (88.6) 0.0 (88.6) XXX XXX XXX XXX XXX XXX 0 0 XXX,06 89

221 Schedule P - Part R - Prod Liab Occur NONE Schedule P - Part R - Prod Liab Claims NONE,

222 SCHEDULE P-PART S - FINANCIAL GUARANTY/MORTGAGE GUARANTY ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX XXX XXX. Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX 9

223 SCHEDULE P - PART T - WARRANTY ($000 OMITTED) Years in Premiums Earned Loss and Loss Payments Which Defense and Adjusting and Other 0 Premiums Loss Payments Payments Payments Were Total Number of Earned and Losses Were Net (Cols. - ) Salvage and Subrogation Received Net Paid (Cols ) Claims Reported. Prior XXX XXX XXX XXX Totals XXX XXX XXX XXX Losses Unpaid Defense and Unpaid Adjusting and Other Unpaid Case Basis Bulk + IBNR Case Basis Bulk + IBNR Salvage and Subrogation Anticipated Total Net Losses and s Unpaid Number of Claims Outstanding Total Losses and Loss s Net Loss and Loss Percentage (/Premiums Earned) 9 0 Net Nontabular Discount Loss Loss Inter- Company Pooling Participation Percentage Net Balance Sheet Reserves After Discount 6 Loss Losses s Unpaid Unpaid. XXX XXX XXX XXX XXX XXX 0 0 XXX XXX XXX XXX XXX XXX XXX 0 0 XXX

224 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART A - HOMEOWNERS/FARMOWNERS INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior,68, ,08,80,79,60,680,68,680,680,680, XXX,787,88,9,6,6,6,68,68, XXX XXX,7,7,66,79,68,708,708, XXX XXX XXX,8,06, XXX XXX XXX XXX, ,0,, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX (78) 9. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 899 XXX XXX. Totals 7 SCHEDULE P - PART B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL. Prior,7,97 0,9 0,79 9,6 8,7 8,7 8,66 8,7 8,7 (9) (89). 007,789,806,90,9,8,008,06,0,,8 () XXX,98,,0,66,66,90,7,, XXX XXX,0,00,09,6 6,0 6,86 6,79 6,8 8 (9). 00 XXX XXX XXX,8 6,89 7,77 8,00 9,70 9,06 9,07 () (99) 6. 0 XXX XXX XXX XXX,698,,60,6,097,8,0, XXX XXX XXX XXX XXX 6,007,9 7,866 8,66 0,0,9, XXX XXX XXX XXX XXX XXX,0,68,6 7,,89, XXX XXX XXX XXX XXX XXX XXX,,009, , XXX XXX XXX XXX XXX XXX XXX XXX 7,67 8,6,6 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,9 XXX XXX. Totals 6,089 8,77 SCHEDULE P - PART C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL. Prior XXX,8,9,88,,,,,,077 (6) (6). 009 XXX XXX,,7,7,7,7,86,8, XXX XXX XXX,97 6, 6,9 6,0 6, 6,0 6,0 0 () 6. 0 XXX XXX XXX XXX,97,977,98,986,987,97 (6) () 7. 0 XXX XXX XXX XXX XXX,70,7,7,7, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX,, (7) XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,8 XXX XXX. Totals (76) (6) SCHEDULE P - PART D- WORKERS COMPENSATION (EXCLUDING EXCESS WORKERS COMPENSATION). Prior,,7,89,9,00,8,60,099,07,06 () (6) XXX (9). 009 XXX XXX (). 00 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 (9) XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 9 XXX XXX. Totals 9 77 SCHEDULE P - PART E- COMMERCIAL MULTIPLE PERIL. Prior 7,078,90,,7 0,67 9,96 9,0 9,6 9,77 9, ,88,,8,8,6,88,96,69,09, (8). 008 XXX,,96, 0,8 0,9 0,9 0,7 0,79 0,79 0 (9). 009 XXX XXX 7,660 7,6 7,86 8,0 8,07 8,096 7,8 7,8 7 (). 00 XXX XXX XXX 7,0 8,66 7,9 7,898 7, 7,00 7,6 (6) (9) 6. 0 XXX XXX XXX XXX 7,7 7,887 7,900 6,906 6,9 6,70 () (66) 7. 0 XXX XXX XXX XXX XXX 6,87 6,8 6,8,99,99 (00) (79) 8. 0 XXX XXX XXX XXX XXX XXX,88,077,88, XXX XXX XXX XXX XXX XXX XXX,98,, (8) 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX,960,78 (76) XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,79 XXX XXX. Totals (9) (,86) 7

225 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - OCCURRENCE INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior,679,70,09,89,8,0,,8,8,09 (69) (69) XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals (69) (69) SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals 0 0 SCHEDULE P - PART G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT (ALL PERILS), BOILER AND MACHINERY). Prior ,09,08,,0,08,0 (7) (). 007,79,7,800,7,777,67,7,67,7,9 (). 008 XXX,968,70,68,076,97,96,8,7,67 (6) (80). 009 XXX XXX,9,8,8,77,77,90,90,0 (869) (907). 00 XXX XXX XXX, () 6. 0 XXX XXX XXX XXX (6) 7. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 () XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Totals (8) (,) SCHEDULE P - PART H - SECTION - OTHER LIABILITY - OCCURRENCE. Prior 67,06 6,869 7,99 76,0 7,6 7,87 70,67 66,8 70, 7,8,67 8, ,779,77, 0,797 0,87 0,87 9,7 7,0 6,0,70 (60) (,00). 008 XXX 0,6 9,97 9,68 8,9 8,0 7,66,66,67, XXX XXX 0,67 0,,867,9, 8,7 7,9 7,8 (08) (,87). 00 XXX XXX XXX 7,66 7,77 7,8 9,78 9,609 8,9 8,090 (8) (,9) 6. 0 XXX XXX XXX XXX,6,6,67,0,77, XXX XXX XXX XXX XXX,9,,909 6,6 8,608,6, XXX XXX XXX XXX XXX XXX 8,7 7,66,67 7,8,7 (78) 9. 0 XXX XXX XXX XXX XXX XXX XXX,96,0 7,78,677, XXX XXX XXX XXX XXX XXX XXX XXX 9,7 8,76 (66) XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0,9 XXX XXX. Totals,09 9,8 SCHEDULE P - PART H - SECTION - OTHER LIABILITY - CLAIMS-MADE. Prior,06,06,,0,98,,69,6 7,6 6,98 (), , 8,9 8, 7,8 7,60 7,99 7,87 8, 7,60 8, (). 008 XXX,0,0,8,86,8,69,670,60,9 (9) (79). 009 XXX XXX 6,79 6,0,8,8,9,7,0,9 9 (668). 00 XXX XXX XXX,,8,6,7,9,7, XXX XXX XXX XXX,0,08,006,96,0 6,,7, XXX XXX XXX XXX XXX,77,8,90,899,9,0, XXX XXX XXX XXX XXX XXX 6,0 6,9 6,8,798 (87) (69) 9. 0 XXX XXX XXX XXX XXX XXX XXX,07,8 6,6,7, XXX XXX XXX XXX XXX XXX XXX XXX 0,67 0,6 () XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,80 XXX XXX. Totals,087,7 8

226 SCHEDULE P - PART I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE, EARTHQUAKE, BURGLARY, AND THEFT) Years in Which Losses Were INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior XXX XXX XXX XXX XXX XXX XXX 67,90 67,0 67, 8 (66). 0 XXX XXX XXX XXX XXX XXX XXX XXX 6, 6,8 () XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 69,70 XXX XXX. Totals (66) SCHEDULE P - PART J - AUTO PHYSICAL DAMAGE. Prior XXX XXX XXX XXX XXX XXX XXX,69,9,797 (6) 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX,08, XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,7 XXX XXX. Totals (67) 8 SCHEDULE P - PART K - FIDELITY, SURETY. Prior XXX XXX XXX XXX XXX XXX XXX,8 99, XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Totals 8 9 SCHEDULE P - PART L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH). Prior XXX XXX XXX XXX XXX XXX XXX,80,87,66 (7) (6). 0 XXX XXX XXX XXX XXX XXX XXX XXX () XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals (8) (6) SCHEDULE P - PART M - INTERNATIONAL. Prior,89,900,66,79,7,9,,,96, 8 () XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () (8) 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals 6 (9) 9

227 Years in Which Losses Were SCHEDULE P - PART N - REINSURANCE Nonproportional Property INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior,869 9,7 8, 6,8 6,88 6,0,9,6,098, (9). 007,68,6,97,0,80,8,79,799,8,678 0 (). 008 XXX,79 6,78 6,,9 8,006 7,96 7,69 7,780 7, XXX XXX,68 0,77 8,0 6,0 6,0 6,096 6,7 6, XXX XXX XXX,89 6,9,60,,08,06,0 () () 6. 0 XXX XXX XXX XXX 8,06 8,67 7,899 7, 7,7 7,708 (6) 7. 0 XXX XXX XXX XXX XXX 7,0 7,79 7,96 7,8 7,07 969, 8. 0 XXX XXX XXX XXX XXX XXX,77,686,776,98 (79) (,70) 9. 0 XXX XXX XXX XXX XXX XXX XXX 9,7,9, (8) (,0) 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 9,,97,06 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,69 XXX XXX. Totals,8 (,67) SCHEDULE P - PART O - REINSURANCE Nonproportional Liability. Prior 0,68 9,7 9,79 9,09 97,6 9,79 8,0 7,7 8,67 8,606,9 7, ,66 9,0 9,9 9,7 9, 9,70 9,79 89,6 88,706 89,0 0 (). 008 XXX 7,0 7,06 7,086 7,07 7,0 7,7 7,97 7,89 7, (,69) XXX XXX 8,80 8,0 77,6 77,09 7,60 7,0 7,990 69, (,877) (,97). 00 XXX XXX XXX 76,8 7,09 7,7 7,8 7,98 7,998 69,88 (,6) (6,06) 6. 0 XXX XXX XXX XXX 7,6,,76,89 0,6,6 80 (,0) 7. 0 XXX XXX XXX XXX XXX 76,66 79,78 76,80 7, 7,67 8 (,8) 8. 0 XXX XXX XXX XXX XXX XXX 78,7 76,9 7,06 79,0,9, XXX XXX XXX XXX XXX XXX XXX 8,7 78,9 8,0,89 (70) 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 80,89 8,78,9 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 79,06 XXX XXX. Totals,90 (7,886) SCHEDULE P - PART P - REINSURANCE Nonproportional Financial Lines. Prior,9,7, () XXX () (7). 009 XXX XXX (). 00 XXX XXX XXX () 6. 0 XXX XXX XXX XXX () (8) 7. 0 XXX XXX XXX XXX XXX () 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Totals (70) (09) 60

228 SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - OCCURRENCE Years in Which Losses Were INCURRED NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) DEVELOPMENT One Year Two Year. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals 0 0 SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX. Totals 0 0 SCHEDULE P - PART S - FINANCIAL GUARANTY/MORTGAGE GUARANTY. Prior XXX XXX XXX XXX XXX XXX XXX (). 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Totals 0 () SCHEDULE P - PART T WARRANTY. Prior XXX XXX XXX XXX XXX XXX XXX (7). 0 XXX XXX XXX XXX XXX XXX XXX XXX 8 8 XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 68 XXX XXX. Totals (7) 6

229 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART A - HOMEOWNERS/FARMOWNERS CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Number of Claims Closed Without Loss Payment Number of Claims Closed With Loss Payment Prior ,0,60,67,67,680,680,680, XXX 7 8,,600,6,69,68,68, XXX XXX 9,,9,7,677,70,706, XXX XXX XXX XXX XXX XXX XXX 0 86,0,088, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL. Prior 000,69,0,7,0,86 6,9 7,6 7,7 7, ,0,0,0,786,6,9,8,89,97, XXX,08,898,87,66,7,6,07,69, XXX XXX,,6,80,7,0 6,67 6,786 6, XXX XXX XXX,67,79 6,9 7,6 8,78 8,7 8, XXX XXX XXX XXX,8 0,0,00,07,87, XXX XXX XXX XXX XXX,68,97, 7,090 8, XXX XXX XXX XXX XXX XXX,98 0,9,76, XXX XXX XXX XXX XXX XXX XXX 7,8,0, XXX XXX XXX XXX XXX XXX XXX XXX 7,00, XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,9 0 0 SCHEDULE P - PART C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL. Prior XXX ,0,0, XXX XXX ,08,6, XXX XXX XXX,00,,7,99,0,, XXX XXX XXX XXX,0,88,69,90,687, XXX XXX XXX XXX XXX ,8,99, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART D - WORKERS COMPENSATION (EXCLUDING EXCESS WORKERS COMPENSATION). Prior ,07,7,88,8,9, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART E - COMMERCIAL MULTIPLE PERIL. Prior 000 6,70,6 7,9,00,7,7,979 7,806 8, ,7,8 6,8 7,670 9,99 0,600,08,96, XXX 7 900,68,6,6,8 7, 8,06 8, XXX XXX 9 9,8,6,8,7 6, 7, XXX XXX XXX,,78,67,800, XXX XXX XXX XXX 97,8,060,9,07, XXX XXX XXX XXX XXX 6,0,,68, XXX XXX XXX XXX XXX XXX,0,98, XXX XXX XXX XXX XXX XXX XXX 7 778, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0 6

230 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - OCCURRENCE CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Number of Number of Claims Claims Closed Closed With Without Loss Loss Payment Payment Prior ,6,89,79,80,86,880, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT (ALL PERILS), BOILER AND MACHINERY). Prior XXX XXX ,7,6,898,098,,0,,8 XXX XXX. 008 XXX 77,6,06,80,08,,0, XXX XXX. 009 XXX XXX XXX XXX. 00 XXX XXX XXX XXX XXX 6. 0 XXX XXX XXX XXX XXX XXX 7. 0 XXX XXX XXX XXX XXX XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX SCHEDULE P - PART H - SECTION - OTHER LIABILITY - OCCURRENCE. Prior 000,0,9 67,89 8,777 98,09 09,7 6,997 8,99, ,7 7,987,88 8,0,7 6,96 0,,7,, XXX,0,00 6,90 9,80,768,0 6,799 6,77 8, XXX XXX,, 9,,7 7,9 9,9,0, XXX XXX XXX 0,99,6 8,909,7 7,88, XXX XXX XXX XXX 7,87 7,69,6,09, XXX XXX XXX XXX XXX 88,98,9,6 8, XXX XXX XXX XXX XXX XXX 88,0,, XXX XXX XXX XXX XXX XXX XXX 6,8 8, XXX XXX XXX XXX XXX XXX XXX XXX 8, XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART H - SECTION - OTHER LIABILITY - CLAIMS-MADE. Prior 000,07,60,98 7,89 8,998 0,668,8,7, ,69,0,898,0,0,7,69, XXX ,0,8,6, XXX XXX ,06,,, XXX XXX XXX 8 0,0,,, XXX XXX XXX XXX 0 9 8,8, XXX XXX XXX XXX XXX 7,9, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0,9, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX

231 SCHEDULE P - PART I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE, EARTHQUAKE, BURGLARY, AND THEFT) Years in Which Losses Were CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Number of Number of Claims Claims Closed Closed With Without Loss Loss Payment Payment. Prior XXX XXX XXX XXX XXX XXX XXX 000 7,9 7,6 XXX XXX. 0 XXX XXX XXX XXX XXX XXX XXX XXX,00,6 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,66 XXX XXX SCHEDULE P - PART J - AUTO PHYSICAL DAMAGE. Prior XXX XXX XXX XXX XXX XXX XXX 000,89, XXX XXX XXX XXX XXX XXX XXX XXX,8, XXX XXX XXX XXX XXX XXX XXX XXX XXX,8 0 0 SCHEDULE P - PART K - FIDELITY/SURETY. Prior XXX XXX XXX XXX XXX XXX XXX 000 () 0 XXX XXX. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX SCHEDULE P - PART L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH). Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX SCHEDULE P - PART M - INTERNATIONAL. Prior 000 8,07,69,76,8,90,076,8,8 XXX XXX XXX XXX. 008 XXX XXX XXX. 009 XXX XXX XXX XXX. 00 XXX XXX XXX XXX XXX 6. 0 XXX XXX XXX XXX XXX XXX 7. 0 XXX XXX XXX XXX XXX XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX 6

232 Years in Which Losses Were SCHEDULE P - PART N - REINSURANCE NONPROPORTIONAL ASSUMED PROPERTY CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Number of Number of Claims Claims Closed Closed With Without Loss Loss Payment Payment. Prior 000 7,67 9,0 9,90 9,077 9,086 9,70,0,760,90 XXX XXX ,9 9,0 0,870 0,99 0,66 0,6 0,6 0,67 0,67 0,7 XXX XXX. 008 XXX,7,89,6, 6,80 6,08 7,6 7, 7,78 XXX XXX. 009 XXX XXX,6 0,768,60,7,0,77,, XXX XXX. 00 XXX XXX XXX 7,98 0,08,07,90,669,89, XXX XXX 6. 0 XXX XXX XXX XXX,69 7,8,96,,77,86 XXX XXX 7. 0 XXX XXX XXX XXX XXX 0,7 6,97 69,698 69,88 70,089 XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX 8,90,9 9, 0,09 XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX 6,789,00 9,86 XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX,7 7,8 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,0 XXX XXX SCHEDULE P - PART O - REINSURANCE NONPROPORTIONAL ASSUMED LIABILITY. Prior ,0, 9,76 87,6 09,80,76 0,70 6,706,8 XXX XXX. 007,89 7,998 8,00 9,9 9,08 7,6 6,06 6,6 68, 69,9 XXX XXX. 008 XXX 0,6,,,6 0,,8,76 7,978 60,69 XXX XXX. 009 XXX XXX 0,6,89,0,990 6,0,7 8,700 6, XXX XXX. 00 XXX XXX XXX 6,6,90,6,870 6,98,760 8,90 XXX XXX 6. 0 XXX XXX XXX XXX,76 7,,0,7 8,8, XXX XXX 7. 0 XXX XXX XXX XXX XXX,6,6,9 0,7 0,66 XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX,8 9,960,60,0 XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX 6,6,79 7, XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX, 6,09 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 6,7 XXX XXX SCHEDULE P - PART P - REINSURANCE NONPROPORTIONAL ASSUMED FINANCIAL LINES. Prior () () () () () () () XXX XXX XXX XXX. 008 XXX XXX XXX. 009 XXX XXX XXX XXX. 00 XXX XXX XXX XXX XXX 6. 0 XXX XXX XXX XXX XXX XXX 7. 0 XXX XXX XXX XXX XXX XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX 6

233 SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - OCCURRENCE Years in Which Losses Were CUMULATIVE PAID NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Number of Number of Claims Claims Closed Closed With Without Loss Loss Payment Payment. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART S - FINANCIAL GUARANTY/MORTGAGE GUARANTY. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX. 0 XXX XXX XXX XXX XXX XXX XXX XXX 0 0 XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 XXX XXX SCHEDULE P - PART T - WARRANTY. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX

234 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART A - HOMEOWNERS/FARMOWNERS BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior, , XXX, XXX XXX, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 899 SCHEDULE P - PART B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL. Prior,70,966,,79, ,7,88,7, XXX,96,86, XXX XXX,0,00, XXX XXX XXX,8, XXX XXX XXX XXX,6, XXX XXX XXX XXX XXX 7,,9,7,0, XXX XXX XXX XXX XXX XXX,8 9 8, 9. 0 XXX XXX XXX XXX XXX XXX XXX,90 0, XXX XXX XXX XXX XXX XXX XXX XXX 7,76, XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,86 SCHEDULE P - PART C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL. Prior XXX XXX XXX XXX XXX XXX,90 7 7, XXX XXX XXX XXX,79,60,88,9, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX, XXX XXX XXX XXX XXX XXX XXX XXX XXX,69 SCHEDULE P - PART D - WORKERS COMPENSATION (EXCLUDING EXCESS WORKERS COMPENSATION). Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 9 SCHEDULE P - PART E - COMMERCIAL MULTIPLE PERIL. Prior 6,7, 7,09, 6,789,86,98, ,8,60 8,98 6,6,80,97,6,,7, XXX 9,78 0, 7,0,9,,688,0, XXX XXX,9 6,07,7,6,7,990,. 00 XXX XXX XXX,6,7,8,9,9, XXX XXX XXX XXX,7,70,06,79, XXX XXX XXX XXX XXX,00,90,,00, XXX XXX XXX XXX XXX XXX,676,7,00, XXX XXX XXX XXX XXX XXX XXX,08, XXX XXX XXX XXX XXX XXX XXX XXX,7, XXX XXX XXX XXX XXX XXX XXX XXX XXX,88 67

235 Years in Which Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART F - SECTION - MEDICAL PROFESSIONAL LIABILITY - OCCURRENCE BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior,6,06,6, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 SCHEDULE P - PART F - SECTION MEDICAL PROFESSIONAL LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 SCHEDULE P - PART G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT (ALL PERILS), BOILER AND MACHINERY). Prior , XXX,8, XXX XXX,88,78,69,69,6,6,607,7. 00 XXX XXX XXX, XXX XXX XXX XXX XXX XXX XXX XXX XXX 8. 0 XXX XXX XXX XXX XXX XXX 9. 0 XXX XXX XXX XXX XXX XXX XXX 0. 0 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART H - SECTION - OTHER LIABILITY - OCCURRENCE. Prior 7,08 0,860 98,76 8,06 7,79 6,0,06,8 7,9 6, ,68,97,0,79,9 8,06, XXX 9,8,9 6,0,878,07 0,69 7,008 7,09, XXX XXX,90 7,6 7,78,,09,99,0,8. 00 XXX XXX XXX 9,0 7,98 8,9,76 9,78,6, XXX XXX XXX XXX 8,9 7,90 7,0 8,78,, XXX XXX XXX XXX XXX 7,09,680 6,6 9,79, XXX XXX XXX XXX XXX XXX 6,078 9,79,, XXX XXX XXX XXX XXX XXX XXX,6,, XXX XXX XXX XXX XXX XXX XXX XXX 8,99 0,8. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,8 SCHEDULE P - PART H - SECTION - OTHER LIABILITY - CLAIMS-MADE. Prior 0,760 8,6 6,98,,9,79 80,7,68,0. 007,667 7,07,8,78,7,66,90,060,8, XXX,8,,96,8,67,00,8, XXX XXX,6,069,09,908,6,6,9, XXX XXX XXX,,877,708,96,,0, XXX XXX XXX XXX,,77,0,,69, XXX XXX XXX XXX XXX,,89,80,, XXX XXX XXX XXX XXX XXX 6,98 6,,87, XXX XXX XXX XXX XXX XXX XXX,96,07, XXX XXX XXX XXX XXX XXX XXX XXX 0,609 0,6. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,80 68

236 SCHEDULE P - PART I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE, EARTHQUAKE, BURGLARY AND THEFT) Years in Which Losses Were BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX 7,6,70,08. 0 XXX XXX XXX XXX XXX XXX XXX XXX 9,8 9,0. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 6, SCHEDULE P - PART J - AUTO PHYSICAL DAMAGE. Prior XXX XXX XXX XXX XXX XXX XXX,087, XXX XXX XXX XXX XXX XXX XXX XXX, XXX XXX XXX XXX XXX XXX XXX XXX XXX,6 SCHEDULE P - PART K - FIDELITY/SURETY. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH). Prior XXX XXX XXX XXX XXX XXX XXX,696,9,0. 0 XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 SCHEDULE P - PART M - INTERNATIONAL. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 69

237 Years in Which Losses Were SCHEDULE P - PART N - REINSURANCE NONPROPORTIONAL ASSUMED PROPERTY BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior,9 7,0,966,6,8,87,66, ,08 7,6, XXX,8 69 8,7, XXX XXX 0,89,67,86,, XXX XXX XXX,778,97,0,7 6, XXX XXX XXX XXX,969,89,96,9,0, XXX XXX XXX XXX XXX 8,79, , XXX XXX XXX XXX XXX XXX,887 7,0 78, XXX XXX XXX XXX XXX XXX XXX,9,07, XXX XXX XXX XXX XXX XXX XXX XXX,9 6,0. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,66 SCHEDULE P - PART O - REINSURANCE NONPROPORTIONAL ASSUMED LIABILITY. Prior 9,69 0,00 8,6 67,60,990,679,87 9, 7,7, ,90 8,689,978,6 0,7,0,8,979 6,77, XXX 0,776,8 7,689 6,06 9, 7,60,7,690,. 009 XXX XXX,97 8,7,96,0,8 8,70,600, XXX XXX XXX 8,68,678 0,0,6 8,06,79, XXX XXX XXX XXX 7,08 8,68 9,9 0,,90, XXX XXX XXX XXX XXX 8,00,07,76 0, 6, XXX XXX XXX XXX XXX XXX,96 7,6 0,0 8, XXX XXX XXX XXX XXX XXX XXX 7,97,6, XXX XXX XXX XXX XXX XXX XXX XXX,0,8. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX,89 SCHEDULE P - PART P - REINSURANCE NONPROPORTIONAL ASSUMED FINANCIAL LINES. Prior,80,, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 70

238 SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - OCCURRENCE Years in Which Losses Were BULK AND IBNR RESERVES ON NET LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART R - SECTION - PRODUCTS LIABILITY - CLAIMS-MADE. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 SCHEDULE P - PART S - FINANCIAL GUARANTY/MORTGAGE GUARANTY. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. 06 XXX XXX XXX XXX XXX XXX XXX XXX XXX SCHEDULE P - PART T - WARRANTY. Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 68 7

239 Schedule P - Part A- SN NONE Schedule P - Part A- SN NONE Schedule P - Part A- SN NONE Schedule P - Part B- SN NONE Schedule P - Part B- SN NONE Schedule P - Part B- SN NONE Schedule P - Part C- SN NONE Schedule P - Part C- SN NONE Schedule P - Part C- SN NONE Schedule P - Part D- SN NONE Schedule P - Part D- SN NONE 7, 7, 7, 7

240 Schedule P - Part D- SN NONE Schedule P - Part E- SN NONE Schedule P - Part E- SN NONE Schedule P - Part E- SN NONE Schedule P - Part F- SNA NONE Schedule P - Part F- SNA NONE Schedule P - Part F- SNA NONE Schedule P - Part F- SNB NONE Schedule P - Part F- SNB NONE Schedule P - Part F- SNB NONE Schedule P - Part H- SNA NONE 7, 76, 77, 78, 79

241 Schedule P - Part H- SNA NONE Schedule P - Part H- SNA NONE Schedule P - Part H- SNB NONE Schedule P - Part H- SNB NONE Schedule P - Part H- SNB NONE Schedule P - Part R- SNA NONE Schedule P - Part R- SNA NONE Schedule P - Part R- SNA NONE Schedule P - Part R- SNB NONE Schedule P - Part R- SNB NONE Schedule P - Part R- SNB NONE 79, 80, 8, 8

242 Schedule P - Part T- SN NONE Schedule P - Part T- SN NONE Schedule P - Part T- SN NONE 8

243 Years in Which Premiums Were Earned and Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART 6C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL SECTION CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX,0,0,0,0,0,0,0,0, XXX XXX,760,760,760,760,760,760,760, XXX XXX XXX 7,0 7,0 7,0 7,0 7,0 7,0 7, XXX XXX XXX XXX,669,669,669,669,669, XXX XXX XXX XXX XXX,6,6,6,6, XXX XXX XXX XXX XXX XXX,7,7,7, XXX XXX XXX XXX XXX XXX XXX,8,8, XXX XXX XXX XXX XXX XXX XXX XXX,78, XXX XXX XXX XXX XXX XXX XXX XXX XXX 6,7 6,7. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 6,7. Earned Premiums (Sc P-Pt ) 0,0,760 7,0,669,6,7,8,78 6,7 XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 70. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SCHEDULE P - PART 6D - WORKERS' COMPENSATION (EXCLUDING EXCESS WORKERS COMPENSATION) SECTION CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior (6) (6) (6) (6) (6) (6) (6) (6) (6) (6) XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () () () () () () XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX,6,6, XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Earned Premiums (Sc P-Pt ) (6) 7 8 () 9 68,6 89 XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P Pt ) XXX 8

244 Years in Which Premiums Were Earned and Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART 6E - COMMERCIAL MULTIPLE PERIL SECTION CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,8,8,8,8,8,8,8,8,8, XXX 7,87 7,87 7,87 7,87 7,87 7,87 7,87 7,87 7, XXX XXX,070,070,070,070,070,070,070, XXX XXX XXX,970,970,970,970,970,970, XXX XXX XXX XXX,60,60,60,60,60, XXX XXX XXX XXX XXX 9,7 9,7 9,7 9,7 9, XXX XXX XXX XXX XXX XXX 6,9 6,9 6,9 6, XXX XXX XXX XXX XXX XXX XXX,0,0, XXX XXX XXX XXX XXX XXX XXX XXX,6, XXX XXX XXX XXX XXX XXX XXX XXX XXX,006,006. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX,006. Earned Premiums (Sc P-Pt ),8 7,87,070,970,60 9,7 6,9,0,6,006 XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 09. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SCHEDULE P - PART 6H - OTHER LIABILITY - OCCURRENCE SECTION A CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,9 6,9 6,9 6,9 6,9 6,9 6,9 6,9 6,9 6, XXX,070,070,070,070,070,070,070,070, XXX XXX 6,9 6,9 6,9 6,9 6,9 6,9 6,9 6, XXX XXX XXX 6,0 6,0 6,0 6,0 6,0 6,0 6, XXX XXX XXX XXX 60,708 60,708 60,708 60,708 60,708 60, XXX XXX XXX XXX XXX 8,096 8,096 8,096 8,096 8, XXX XXX XXX XXX XXX XXX 90,777 90,777 90,777 90, XXX XXX XXX XXX XXX XXX XXX 8,8 8,8 8, XXX XXX XXX XXX XXX XXX XXX XXX 7, 7, XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,60 7,60. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 7,60. Earned Premiums (Sc P-Pt ) 6,9,070 6,9 6,0 60,708 8,096 90,777 8,8 7, 7,60 XXX Years in Which Premiums Were Earned and Losses Were SECTION A CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX (08) (08) (08) (08) (08) (08) (08) (08) (08) XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX () () () () () XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Earned Premiums (Sc P Pt ) 0 (08) 0 () XXX 8

245 Years in Which Premiums Were Earned and Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART 6H - OTHER LIABILITY - CLAIMS-MADE SECTION B CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,6,6,6,6,6,6,6,6,6, XXX,9,9,9,9,9,9,9,9, XXX XXX 8,9 8,9 8,9 8,9 8,9 8,9 8,9 8, XXX XXX XXX 6,760 6,760 6,760 6,760 6,760 6,760 6, XXX XXX XXX XXX 8,0 8,0 8,0 8,0 8,0 8, XXX XXX XXX XXX XXX 8,6 8,6 8,6 8,6 8, XXX XXX XXX XXX XXX XXX,6,6,6, XXX XXX XXX XXX XXX XXX XXX 0,98 0,98 0, XXX XXX XXX XXX XXX XXX XXX XXX 8,06 8, XXX XXX XXX XXX XXX XXX XXX XXX XXX,0,0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX,0. Earned Premiums (Sc P-Pt ),6,9 8,9 6,760 8,0 8,6,6 0,98 8,06,0 XXX Years in Which Premiums Were Earned and Losses Were SECTION B CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SCHEDULE P - PART 6M - INTERNATIONAL SECTION CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX. Earned Premiums (Sc P Pt ) XXX 86

246 SCHEDULE P - PART 6N - REINSURANCE - NONPROPORTIONAL ASSUMED PROPERTY SECTION Years in Which Premiums Were Earned and Losses Were CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,08,08,08,08,08,08,08,08,08, XXX,97,97,97,97,97,97,97,97, XXX XXX 8,66 8,66 8,66 8,66 8,66 8,66 8,66 8, XXX XXX XXX 9,8 9,8 9,8 9,8 9,8 9,8 9, XXX XXX XXX XXX 8,66 8,66 8,66 8,66 8,66 8, XXX XXX XXX XXX XXX 0,89 0,89 0,89 0,89 0, XXX XXX XXX XXX XXX XXX 0,6 0,6 0,6 0, XXX XXX XXX XXX XXX XXX XXX 9,79 9,79 9, XXX XXX XXX XXX XXX XXX XXX XXX 8,8 8, XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,8 8,8. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,8. Earned Premiums (Sc P-Pt ),07,97 8,66 9,8 8,66 0,88 0,6 9,79 8,8 8,8 XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,88,88,88,88,88,88,88,88,88, XXX 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0, XXX XXX,60,60,60,60,60,60,60, XXX XXX XXX 9,7 9,7 9,7 9,7 9,7 9,7 9, XXX XXX XXX XXX 8,97 8,97 8,97 8,97 8,97 8, XXX XXX XXX XXX XXX 6,98 6,98 6,98 6,98 6, XXX XXX XXX XXX XXX XXX,7,7,7, XXX XXX XXX XXX XXX XXX XXX,609,609, XXX XXX XXX XXX XXX XXX XXX XXX 0,00 0, XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,89 8,89. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 8,89. Earned Premiums (Sc P-Pt ),88 0,0,60 9,7 8,97 6,98,7,609 0,00 8,89 XXX SCHEDULE P - PART 6O - REINSURANCE NONPROPORTIONAL ASSUMED LIABILITY SECTION Years in Which Premiums Were Earned and Losses Were CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior ,9 0,9 0,9 0,9 0,9 0,9 0,9 0,9 0,9 0, XXX 96,9 96,9 96,9 96,9 96,9 96,9 96,9 96,9 96, XXX XXX 0,768 0,768 0,768 0,768 0,768 0,768 0,768 0, XXX XXX XXX 07,7 07,7 07,7 07,7 07,7 07,7 07, XXX XXX XXX XXX 88,6 88,6 88,6 88,6 88,6 88, XXX XXX XXX XXX XXX 9,796 9,796 9,796 9,796 9, XXX XXX XXX XXX XXX XXX,790,790,790, XXX XXX XXX XXX XXX XXX XXX 8,97 8,97 8, XXX XXX XXX XXX XXX XXX XXX XXX,9, XXX XXX XXX XXX XXX XXX XXX XXX XXX,80,80. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX,80. Earned Premiums (Sc P-Pt ) 0,9 96,9 0,768 07,7 88,6 9,796,790 8,97,9,80 XXX Years in Which Premiums Were Earned and Losses Were SECTION CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX () () () () () () () () () XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P Pt ) () XXX 87

247 Years in Which Premiums Were Earned and Losses Were ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART 6R - PRODUCTS LIABILITY - OCCURRENCE SECTION A CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SECTION A CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SCHEDULE P - PART 6R - PRODUCTS LIABILITY - CLAIMS-MADE SECTION B CUMULATIVE PREMIUMS EARNED DIRECT AND ASSUMED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P-Pt ) XXX Years in Which Premiums Were Earned and Losses Were SECTION B CUMULATIVE PREMIUMS EARNED CEDED AT YEAR END ($000 OMITTED) Current Year Premiums Earned Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0 0. Total XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 0. Earned Premiums (Sc P Pt ) XXX 88

248 SCHEDULE P - PART 7A - PRIMARY LOSS SENSITIVE CONTRACTS ($000 OMITTED) Schedule P - Part Total Net Losses and s Unpaid SECTION Net Losses and s Unpaid on Loss Sensitive Contracts Loss Sensitive as Percentage of Total Total Net Premiums Written Net Premiums Written on Loss Sensitive Contacts 6 Loss Sensitive as Percentage of Total. Homeowners/Farmowners,7 0.0, 0.0. Private Passenger Auto Liability/Medical, 0.0, Commercial Auto/Truck Liability/Medical 6, , Workers Compensation, Commercial Multiple Peril 7, 0.0, Medical Professional Liability-Occurrence, Medical Professional Liability -Claims- Made Special Liability, Other Liability-Occurrence, , Other Liability-Claims-Made 8, , Special Property 87, 0.0 9, Auto Physical Damage, , Fidelity/Surety Other, International Reinsurance-Nonproportional Property XXX XXX XXX XXX XXX XXX 7. Reinsurance-Nonproportional Liability XXX XXX XXX XXX XXX XXX 8. Reinsurance-Nonproportional Financial Lines XXX XXX XXX XXX XXX XXX 9. Products Liability-Occurrence Products Liability-Claims-Made Financial Guaranty/Mortgage Guaranty Warranty Totals 0, , Years in Which Policies Were Issued 007 SECTION INCURRED LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued SECTION BULK AND INCURRED BUT NOT REPORTED RESERVES FOR LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX

249 Years in Which Policies Were Issued SCHEDULE P - PART 7A - PRIMARY LOSS SENSITIVE CONTRACTS (continued) SECTION NET EARNED PREMIUMS REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued 007 SECTION NET RESERVE FOR PREMIUM ADJUSTMENTS AND ACCRUED RETROSPECTIVE PREMIUMS AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 90

250 SCHEDULE P - PART 7B - REINSURANCE LOSS SENSITIVE CONTRACTS ($000 OMITTED) Schedule P - Part Total Net Losses and s Unpaid SECTION Net Losses and s Unpaid on Loss Sensitive Contracts Loss Sensitive as Percentage of Total Total Net Premiums Written Net Premiums Written on Loss Sensitive Contacts 6 Loss Sensitive as Percentage of Total. Homeowners/Farmowners,7 0.0, 0.0. Private Passenger Auto Liability/Medical, 0.0, Commercial Auto/Truck Liability/Medical 6, , Workers Compensation, Commercial Multiple Peril 7, 0.0, Medical Professional Liability-Occurrence, Medical Professional Liability -Claims- Made Special Liability, Other Liability-Occurrence, , Other Liability-Claims-made 8, , Special Property 87, 0.0 9, Auto Physical Damage, , Fidelity/Surety Other, International Reinsurance-Nonproportional Property 6,7 0.0, Reinsurance-Nonproportional Liability 7, , Reinsurance-Nonproportional Financial Lines, Products Liability-Occurrence Products Liability-Claims-Made Financial Guaranty/Mortgage Guaranty Warranty Totals 8, , Years in Which Policies Were Issued 007 SECTION INCURRED LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued SECTION BULK AND INCURRED BUT NOT REPORTED RESERVES FOR LOSSES AND DEFENSE AND COST CONTAINMENT EXPENSES AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX

251 Years in Which Policies Were Issued ANNUAL STATEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA SCHEDULE P - PART 7B - REINSURANCE LOSS SENSITIVE CONTRACTS (continued) SECTION NET EARNED PREMIUMS REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued 007 SECTION NET RESERVE FOR PREMIUM ADJUSTMENTS AND ACCRUED RETROSPECTIVE PREMIUMS AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued SECTION 6 INCURRED ADJUSTABLE COMMISSIONS REPORTED AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Years in Which Policies Were Issued SECTION 7 RESERVES FOR COMMISSION ADJUSTMENTS AT YEAR END ($000 OMITTED) Prior XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX

252 SCHEDULE P INTERROGATORIES. The following questions relate to yet-to-be-issued Extended Reporting Endorsements (EREs) arising from Death, Disability, or Retirement (DDR) provisions in Medical Professional Liability Claims Made insurance policies. EREs provided for reasons other than DDR are not to be included.. Does the company issue Medical Professional Liability Claims Made insurance policies that provide tail (also known as an extended reporting endorsement, or ERE ) benefits in the event of Death, Disability, or Retirement (DDR) at a reduced charge or at no additional cost? Yes [ ] No [ X ] If the answer to question. is no, leave the following questions blank. If the answer to question. is yes, please answer the following questions:. What is the total amount of the reserve for that provision (DDR Reserve), as reported, explicitly or not, elsewhere in this statement (in dollars)? $. Does the company report any DDR reserve as Unearned Premium Reserve per SSAP #6? Yes [ ] No [ X ]. Does the company report any DDR reserve as loss or loss adjustment expense reserve? Yes [ ] No [ X ]. If the company reports DDR reserve as Unearned Premium Reserve, does that amount match the figure on the Underwriting and Investment Exhibit, Part A Recapitulation of all Premiums (Page 7) Column, Lines. plus.? Yes [ ] No [ ] N/A [ X ].6 If the company reports DDR reserve as loss or loss adjustment expense reserve, please complete the following table corresponding to where these reserves are reported in Schedule P: Years in Which Premiums Were Earned and Losses Were DDR Reserve Included in Schedule P, Part F, Medical Professional Liability Column : Total Net Losses and s Unpaid Section : Occurrence Section : Claims-Made.60 Prior Totals 0 0. The definition of allocated loss adjustment expenses (ALAE) and, therefore, unallocated loss adjustment expenses (ULAE) was changed effective January, 998. This change in definition applies to both paid and unpaid expenses. Are these expenses (now reported as Defense and and Adjusting and Other ) reported in compliance with these definitions in this statement? Yes [ X ] No [ ]. The Adjusting and Other expense payments and reserves should be allocated to the years in which the losses were incurred based on the number of claims reported, closed and outstanding in those years. When allocating Adjusting and Other expense between companies in a group or a pool, the Adjusting and Other expense should be allocated in the same percentage used for the loss amounts and the claim counts. For reinsurers, Adjusting and Other expense assumed should be reported according to the reinsurance contract. For Adjusting and Other expense incurred by reinsurers, or in those situations where suitable claim count information is not available, Adjusting and Other expense should be allocated by a reasonable method determined by the company and described in Interrogatory 7, below. Are they so reported in this Statement?: Yes [ X ] No [ ]. Do any lines in Schedule P include reserves that are reported gross of any discount to present value of future payments, and that are reported net of such discounts on Page 0? Yes [ ] No [ X ] If yes, proper disclosure must be made in the Notes to Financial Statements, as specified in the Instructions. Also, the discounts must be reported in Schedule P - Part, Columns and. Schedule P must be completed gross of non-tabular discounting. Work papers relating to discount calculations must be available for examination upon request. Discounting is allowed only if expressly permitted by the state insurance department to which this Annual Statement is being filed.. What were the net premiums in force at the end of the year for: (in thousands of dollars). Fidelity $ 0. Surety $ 0 6. Claim count information is reported per claim or per claimant. (indicate which) If not the same in all years, explain in Interrogatory The information provided in Schedule P will be used by many persons to estimate the adequacy of the current loss and expense reserves, among other things. Are there any especially significant events, coverage, retention or accounting changes that have occurred that must be considered when making such analyses? Yes [ ] No [ X ] 7. An extended statement may be attached. Claim count information has not been provided since the company is a reinsurance company and detailed claim information is available only on the excess portion of the business. 9

253 SCHEDULE T PART INTERSTATE COMPACT EXHIBIT OF PREMIUMS WRITTEN Allocated By States and Territories Life (Group and Individual) Disability Income (Group and Individual) Direct Business Only Long-Term Care (Group and Individual) Annuities (Group Deposit-Type States, Etc. and Individual) Contracts Totals. Alabama AL 0. Alaska AK 0. Arizona AZ 0. Arkansas AR 0. California CA 0 6. Colorado CO 0 7. Connecticut CT 0 8. Delaware DE 0 9. District of Columbia DC 0 0. Florida FL 0. Georgia GA 0. Hawaii HI 0. Idaho ID 0. Illinois IL 0. Indiana IN 0 6. Iowa IA 0 7. Kansas KS 0 8. Kentucky KY 0 9. Louisiana LA 0 0. Maine ME 0. Maryland MD 0. Massachusetts MA 0. Michigan MI 0. Minnesota MN 0. Mississippi MS 0 6. Missouri MO 0 7. Montana MT 0 8. Nebraska NE 0 9. Nevada NV 0 0. New Hampshire NH 0. New Jersey NJ 0. New Mexico NM 0. New York NY 0. North Carolina NC 0. North Dakota ND 0 6. Ohio OH 0 7. Oklahoma OK 0 8. Oregon OR 0 9. Pennsylvania PA 0 0. Rhode Island RI 0. South Carolina SC 0. South Dakota SD 0. Tennessee TN 0. Texas TX 0. Utah UT 0 6. Vermont VT 0 7. Virginia VA 0 8. Washington WA 0 9. West Virginia WV 0 0. Wisconsin WI 0. Wyoming WY 0. American Samoa AS 0. Guam GU 0. Puerto Rico PR 0. US Virgin Islands VI 0 6. Northern Mariana Islands MP 0 7. Canada CAN 0 8. Aggregate Other Alien OT 0 9. Totals

254 SCHEDULE Y PART A DETAIL OF INSURANCE HOLDING COMPANY SYSTEM Group Code Group Name NAIC Company Code ID Number AA Federal RSSD 6 CIK 7 Name of Securities Exchange if Publicly Traded (U.S. or International) 8 Names of Parent, Subsidiaries or Affiliates 9 0 Relationship to Reporting Entity Type of Control (Ownership, Board, Management, Attorney-in-Fact, Influence, Other) If Control is Ownership Provide Percentage Is an SCA Filing Required? (Y/N) Domiciliary Location Directly Controlled by (Name of Entity/Person) Ultimate Controlling Entity(ies)/Person(s) * The Toa The Toa Reinsurance Company of The Toa Reinsurance Company, Reinsurance America DE RE Limited Ownership 00.0 Company, Limited N 0 The Toa Reinsurance Company, Limited JPN UDP Ownership 00.0 N/A N 0 The Toa st Century Reinsurance Company., LTD CHE IA The Toa Reinsurance Company, Limited Ownership The Toa Reinsurance Company, Limted N 0 97 Asterisk Explanation

255 SCHEDULE Y PART - SUMMARY OF INSURER S TRANSACTIONS WITH ANY AFFILIATES NAIC Company Code 6 Purchases, Sales or Exchanges of Loans, Securities, Real Estate, Mortgage Loans or Other Investments 7 Income/ (Disbursements) in Connection with Guarantees or Undertakings for the Benefit of any Affiliate(s) 8 Management Agreements and Service Contracts 9 Income/ (Disbursements) Under Reinsurance Agreements 0 Any Other Material Activity Not in the Ordinary Course of the Insurer s Business Reinsurance Recoverable/ (Payable) on Losses and/or Reserve Credit Taken/(Liability) ID Number Names of Insurers and Parent, Subsidiaries or Affiliates Shareholder Dividends Capital Contributions * Totals The Toa Reinsurance Company of America (0,000,000) 7,000,0,000 0 (,0,000) (7,8,000) AA-8009 The Toa Reinsurance Company, Limited 0,000,000 (7,000) (,0,000) 0,0,000 7,8, Control Totals XXX 0 0 0

256 SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES The following supplemental reports are required to be filed as part of your statement filing unless specifically waived by the domiciliary state. However, in the event that your domiciliary state waives the filing requirement, your response of WAIVED to the specific interrogatory will be accepted in lieu of filing a "NONE" report and a bar code will be printed below. If the supplement is required of your company but is not being filed for whatever reason enter SEE EXPLANATION and provide an explanation following the interrogatory questions. MARCH FILING RESPONSES. Will an actuarial opinion be filed by March? YES. Will the Supplemental Compensation Exhibit be filed with the state of domicile by March? YES. Will the confidential Risk-based Capital Report be filed with the NAIC by March? YES. Will the confidential Risk-based Capital Report be filed with the state of domicile, if required, by March? YES APRIL FILING. Will the Insurance Exhibit be filed with the state of domicile and the NAIC by April? YES 6. Will Management s Discussion and Analysis be filed by April? YES 7. Will the Supplemental Investment Risks Interrogatories be filed by April? YES MAY FILING 8. Will this company be included in a combined annual statement that is filed with the NAIC by May? SEE EXPLANATION JUNE FILING 9. Will an audited financial report be filed by June? YES 0. Will Accountants Letter of Qualifications be filed with the state of domicile and electronically with the NAIC by June? YES AUGUST FILING. Will the regulator-only (non-public) Communication of Internal Control Related Matters Noted in Audit be filed with the state of domicile and electronically with the NAIC (as a regulator-only non-public document) by August? YES The following supplemental reports are required to be filed as part of your statement filing. However, in the event that your company does not transact the type of business for which the special report must be filed, your response of NO to the specific interrogatory will be accepted in lieu of filing a "NONE" report and a bar code will be printed below. If the supplement is required of your company but is not being filed for whatever reason enter SEE EXPLANATION and provide an explanation following the interrogatory questions. MARCH FILING. Will Schedule SIS (Stockholder Information Supplement) be filed with the state of domicile by March? SEE EXPLANATION. Will the Financial Guaranty Insurance Exhibit be filed by March? SEE EXPLANATION. Will the Medicare Supplement Insurance Experience Exhibit be filed with the state of domicile and the NAIC by March? SEE EXPLANATION. Will Supplement A to Schedule T (Medical Professional Liability Supplement) be filed by March? SEE EXPLANATION 6. Will the Trusteed Surplus Statement be filed with the state of domicile and the NAIC by March? SEE EXPLANATION 7. Will the Premiums Attributed to Protected Cells Exhibit be filed by March? NO 8. Will the Reinsurance Summary Supplemental Filing for General Interrogatory 9 be filed with the state of domicile and the NAIC by March? YES 9. Will the Medicare Part D Coverage Supplement be filed with the state of domicile and the NAIC by March? SEE EXPLANATION 0. Will the confidential Actuarial Opinion Summary be filed with the state of domicile, if required, by March (or the date otherwise specified)? YES. Will the Reinsurance Attestation Supplement be filed with the state of domicile and the NAIC by March? YES. Will the Exceptions to the Reinsurance Attestation Supplement be filed with the state of domicile by March? YES. Will the Bail Bond Supplement be filed with the state of domicile and the NAIC by March? NO. Will the Director and Officer Insurance Coverage Supplement be filed with the state of domicile and the NAIC by March? SEE EXPLANATION. Will an approval from the reporting entity s state of domicile for relief related to the five-year rotation requirement for lead audit partner be filed electronically with the NAIC by March? NO 6. Will an approval from the reporting entity s state of domicile for relief related to the one-year cooling off period for independent CPA be filed electronically with the NAIC by March? NO 7. Will an approval from the reporting entity s state of domicile for relief related to the Requirements for Audit Committees be filed electronically with the NAIC by March? NO 99

257 SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES 8. Will the Supplemental Schedule for Reinsurance Counterparty Reporting Exception Asbestos and Pollution Contracts be filed with the state of domicile and the NAIC by March? SEE EXPLANATION 9. APRIL FILING Will the Credit Insurance Experience Exhibit be filed with the state of domicile and the NAIC by April? NO 0. Will the Long-term Care Experience Reporting Forms be filed with the state of domicile and the NAIC by April? NO. Will the Accident and Health Policy Experience Exhibit be filed by April? SEE EXPLANATION. Will the Supplemental Health Care Exhibit (Parts, and ) be filed with the state of domicile and the NAIC by April? NO. Will the regulator only (non-public) Supplemental Health Care Exhibit s Allocation Report be filed with the state of domicile and the NAIC by April? NO. Will the Cybersecurity and Identity Theft Insurance Coverage Supplement be filed with the state of domicile and the NAIC by April? SEE EXPLANATION AUGUST FILING. Will Management s Report of Internal Control Over Financial Reporting be filed with the state of domicile by August? SEE EXPLANATION Explanation: 8. Not required to file a combined statement.. Not publicly traded. The company does not produce an annual report serperate from the Statutory and GAAP financial statements.. The information necessary to complete this exhibit has not been received from the ceding companies. As soon as the information becomes available the Company will complete and file the exhibit.. Reinsurance Only.. Reinsurance Only. 6. Reinsurance Only No data to report... Reinsurance Only Not Applicable Reinsurance Only.... Reinsurance Only.. Not required by domiciling state law in 06 Bar Code: 7. * * 99.

258 SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES * *. * *. * * 6. * * 7. * * 9. * * 0. * *. * *. 99.

259 OVERFLOW PAGE FOR WRITE-INS P00 Additional Aggregate Lines for Page Line. *ASSETS - Assets Net Admitted Nonadmitted Assets Net Admitted Assets Assets (Cols. ) Assets 0. Prepaid Asset 7,7 7, Leasehold Improvements 7,66 7, Summary of remaining write-ins for Line from page 8,77 8, P00 Additional Aggregate Lines for Page Line. *LIAB - Liabilities Current Year Prior Year 0. Miscellaneous liabilities, Summary of remaining write-ins for Line from page 0,888 00

260 * * SUPPLEMENT FOR THE YEAR 06 OF THE TOA REINSURANCE COMPANY OF AMERICA REINSURANCE SUMMARY SUPPLEMENTAL FILING FOR GENERAL INTERROGATORY 9 (Part ) For the Year Ended December, 06 NAIC Group Code 0000 To be Filed by March NAIC Company Code 9 (A) Financial Impact As Reported Interrogatory 9 Reinsurance Effect Restated Without Interrogatory 9 Reinsurance A0. Assets,77,6,70 0,77,6,70 A0. Liabilities,0,99,9 0,0,99,9 A0. Surplus as regards to policyholders 669,67, ,67,9 A0. Income before taxes 8,008,0 0 8,008,0 (B) Summary of Reinsurance Contract Terms (C) Management s Objectives D. If the response to General Interrogatory 9. (Part Property & Casualty Interrogatories) is yes, explain below why the contracts are treated differently for GAAP and SAP 0

261 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK Assets Cash Flow Exhibit of Capital Gains (Losses) Exhibit of Net Investment Income Exhibit of Nonadmitted Assets Exhibit of Premiums and Losses (State Page) 9 Five-Year Historical Data 7 General Interrogatories Jurat Page Liabilities, Surplus and Other Funds Notes To Financial Statements Overflow Page For Write-Ins 00 Schedule A Part E0 Schedule A Part E0 Schedule A Part E0 Schedule A Verification Between Years SI0 Schedule B Part E0 Schedule B Part E0 Schedule B Part E06 Schedule B Verification Between Years SI0 Schedule BA Part E07 Schedule BA Part E08 Schedule BA Part E09 Schedule BA Verification Between Years SI0 Schedule D Part E0 Schedule D Part A Section SI0 Schedule D Part A Section SI08 Schedule D Part Section E Schedule D Part Section E Schedule D Part E Schedule D Part E Schedule D Part E Schedule D Part 6 Section E6 Schedule D Part 6 Section E6 Schedule D Summary By Country SI0 Schedule D Verification Between Years SI0 Schedule DA Part E7 INDEX

262 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule DA Verification Between Years SI0 Schedule DB Part A Section E8 Schedule DB Part A Section E9 Schedule DB Part A Verification Between Years SI Schedule DB Part B Section E0 Schedule DB Part B Section E Schedule DB Part B Verification Between Years SI Schedule DB Part C Section SI Schedule DB Part C Section SI Schedule DB Part D Section E Schedule DB Part D Section E Schedule DB Verification SI Schedule DL Part E Schedule DL Part E Schedule E Part Cash E6 Schedule E Part Cash Equivalents E7 Schedule E Part Special Deposits E8 Schedule E Verification Between Years SI Schedule F Part 0 Schedule F Part Schedule F Part Schedule F Part Schedule F Part Schedule F Part 6 Section Schedule F Part 6 Section 6 Schedule F Part 7 7 Schedule F Part 8 8 Schedule F Part 9 9 Schedule H Accident and Health Exhibit Part 0 Schedule H Part, Part, and Part Schedule H Part Health Claims Schedule P Part Summary Schedule P Part A Homeowners/Farmowners Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 8 INDEX

263 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part E Commercial Multiple Peril 9 Schedule P Part F Section Medical Professional Liability Occurrence 0 Schedule P Part F Section Medical Professional Liability Claims-Made Schedule P Part G Special Liability (Ocean, Marine, Aircraft (All Perils), Boiler and Machinery) Schedule P Part H Section Other Liability Occurrence Schedule P Part H Section Other Liability Claims-Made Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary & Theft) Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 7 Schedule P Part L Other (Including Credit, Accident and Health) 8 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 0 Schedule P Part O Reinsurance Nonproportional Liability Schedule P Part P Reinsurance Nonproportional Financial Lines Schedule P Part R Section Products Liability Occurrence Schedule P Part R Section Products Liability Claims Made Schedule P Part S Financial Guaranty/Mortgage Guaranty Schedule P Part T Warranty 6 Schedule P Part, Part and Part Summary Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 7 Schedule P Part F Section Medical Professional Liability Occurrence 8 Schedule P Part F Section Medical Professional Liability Claims Made 8 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 8 Schedule P Part H Section Other Liability Occurrence 8 Schedule P Part H Section Other Liability Claims Made 8 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 9 Schedule P Part J Auto Physical Damage 9 Schedule P Part K Fidelity, Surety 9 Schedule P Part L Other (Including Credit, Accident and Health) 9 Schedule P Part M International 9 Schedule P Part N Reinsurance Nonproportional Property 60 Schedule P Part O Reinsurance Nonproportional Liability 60 Schedule P Part P Reinsurance Nonproportional Financial Lines 60 Schedule P Part R Section Products Liability Occurrence 6 Schedule P Part R Section Products Liability Claims-Made 6 Schedule P Part S Financial Guaranty/Mortgage Guaranty 6 Schedule P Part T Warranty 6 Schedule P Part A Homeowners/Farmowners 6 INDEX

264 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part B Private Passenger Auto Liability/Medical 6 Schedule P Part C Commercial Auto/Truck Liability/Medical 6 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 6 Schedule P Part E Commercial Multiple Peril 6 Schedule P Part F Section Medical Professional Liability Occurrence 6 Schedule P Part F Section Medical Professional Liability Claims-Made 6 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 6 Schedule P Part H Section Other Liability Occurrence 6 Schedule P Part H Section Other Liability Claims-Made 6 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary, and Theft) 6 Schedule P Part J Auto Physical Damage 6 Schedule P Part K Fidelity/Surety 6 Schedule P Part L Other (Including Credit, Accident and Health) 6 Schedule P Part M International 6 Schedule P Part N Reinsurance Nonproportional Property 6 Schedule P Part O Reinsurance Nonproportional Liability 6 Schedule P Part P Reinsurance Nonproportional Financial Lines 6 Schedule P Part R Section Products Liability Occurrence 66 Schedule P Part R Section Products Liability Claims-Made 66 Schedule P Part S Financial Guaranty/Mortgage Guaranty 66 Schedule P Part T Warranty 66 Schedule P Part A Homeowners/Farmowners 67 Schedule P Part B Private Passenger Auto Liability/Medical 67 Schedule P Part C Commercial Auto/Truck Liability/Medical 67 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 67 Schedule P Part E Commercial Multiple Peril 67 Schedule P Part F Section Medical Professional Liability Occurrence 68 Schedule P Part F Section Medical Professional Liability Claims-Made 68 Schedule P Part G Special Liability (Ocean Marine, Aircraft (All Perils), Boiler and Machinery) 68 Schedule P Part H Section Other Liability Occurrence 68 Schedule P Part H Section Other Liability Claims-Made 68 Schedule P Part I Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Burglary and Theft) 69 Schedule P Part J Auto Physical Damage 69 Schedule P Part K Fidelity/Surety 69 Schedule P Part L Other (Including Credit, Accident and Health) 69 Schedule P Part M International 69 Schedule P Part N Reinsurance Nonproportional Property 70 Schedule P Part O Reinsurance Nonproportional Liability 70 Schedule P Part P Reinsurance Nonproportional Financial Lines 70 Schedule P Part R Section Products Liability Occurrence 7 Schedule P Part R Section Products Liability Claims-Made 7 INDEX6

265 ALPHABETICAL INDEX ANNUAL STATEMENT BLANK (Continued) Schedule P Part S Financial Guaranty/Mortgage Guaranty 7 Schedule P Part T Warranty 7 Schedule P Part A Homeowners/Farmowners 7 Schedule P Part B Private Passenger Auto Liability/Medical 7 Schedule P Part C Commercial Auto/Truck Liability/Medical 7 Schedule P Part D Workers Compensation (Excluding Excess Workers Compensation) 7 Schedule P Part E Commercial Multiple Peril 76 Schedule P Part F Medical Professional Liability Claims-Made 78 Schedule P Part F Medical Professional Liability Occurrence 77 Schedule P Part H Other Liability Claims-Made 80 Schedule P Part H Other Liability Occurrence 79 Schedule P Part R Products Liability Claims-Made 8 Schedule P Part R Products Liability Occurrence 8 Schedule P Part T Warranty 8 Schedule P Part 6C Commercial Auto/Truck Liability/Medical 8 Schedule P Part 6D Workers Compensation (Excluding Excess Workers Compensation) 8 Schedule P Part 6E Commercial Multiple Peril 8 Schedule P Part 6H Other Liability Claims-Made 86 Schedule P Part 6H Other Liability Occurrence 8 Schedule P Part 6M International 86 Schedule P Part 6N Reinsurance Nonproportional Property 87 Schedule P Part 6O Reinsurance Nonproportional Liability 87 Schedule P Part 6R Products Liability Claims-Made 88 Schedule P Part 6R Products Liability Occurrence 88 Schedule P Part 7A Primary Loss Sensitive Contracts 89 Schedule P Part 7B Reinsurance Loss Sensitive Contracts 9 Schedule P Interrogatories 9 Schedule T Exhibit of Premiums Written 9 Schedule T Part Interstate Compact 9 Schedule Y Information Concerning Activities of Insurer Members of a Holding Company Group 96 Schedule Y Part A Detail of Insurance Holding Company System 97 Schedule Y Part Summary of Insurer s Transactions With Any Affiliates 98 Statement of Income Summary Investment Schedule SI0 Supplemental Exhibits and Schedules Interrogatories 99 Underwriting and Investment Exhibit Part 6 Underwriting and Investment Exhibit Part A 7 Underwriting and Investment Exhibit Part B 8 Underwriting and Investment Exhibit Part 9 Underwriting and Investment Exhibit Part A 0 Underwriting and Investment Exhibit Part INDEX7

266 INDEX8

267 0

268 0.

269 0.