* * PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION

Transcription

1 * * PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION ANNUAL STATEMENT FOR THE YEAR ENDED DECEMBER 3, 06 OF THE CONDITION AND AFFAIRS OF THE AMICA MUTUAL INSURANCE COMPANY NAIC Group Code NAIC Company Code 9976 Employer's ID Number (Current) (Prior) Organized under the Laws of Rhode Island, State of Domicile or Port of Entry RI Country of Domicile United States of America Incorporated/Organized 03/0/907 Commenced Business 04/0/907 Statutory Home Office 00 Amica Way, Lincoln, RI, US (Street and Number) (City or Town, State, Country and Zip Code) Main Administrative Office 00 Amica Way (Street and Number) Lincoln, RI, US , (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Mail Address P.O. Box 6008, Providence, RI, US (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code) Primary Location of Books and Records 00 Amica Way (Street and Number) Lincoln, RI, US , (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Internet Website Address Statutory Statement Contact David Joseph Macedo, (Name) (Area Code) (Telephone Number) dmacedo@amica.com, ( Address) (FAX Number) Chairman, President and Chief Executive Officer Senior Assistant Vice President and Secretary Robert Anthony DiMuccio Suzanne Ellen Casey OFFICERS Senior Vice President, Chief Financial Officer and Treasurer James Parker Loring OTHER Jill Holton Andy, Senior Vice President Robert Karl Benson, Senior Vice President & Chief Investment Officer James Arthur Bussiere, Senior Vice President Alicia Excil Charles, Vice President Lisa Maria DeCubellis, #, Senior Vice President Peter Francis Drogan, Vice President & Chief Actuary William Henry Fitzgerald, #, Vice President Michael George Gillerlane, #, Vice President David Joseph Macedo, #, Vice President & Controller Darlene Ann Major, Vice President James Edward McDermott Jr., #, Senior Vice President & Chief Marketing Officer Peter Ernest Moreau, Senior Vice President & Chief Information Officer Theodore Charles Murphy, #, Chief Operations Officer Anthony Noviello III, #, Vice President Robert Paul Suglia, Senior Vice President & General Counsel Sean Francis Welch, #, Senior Vice President DIRECTORS OR TRUSTEES Jeffrey Paul Aiken Jill Janice Avery Debra Ann Canales Patricia Walsh Chadwick Edward Francis DeGraan Robert Anthony DiMuccio Barry George Hittner Michael David Jeans Ronald Keith Machtley Richard Alan Plotkin Donald Julian Reaves Cheryl Watkins Snead State of County of Rhode Island Providence 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. Robert Anthony DiMuccio Suzanne Ellen Casey James Parker Loring Chairman, President and Chief Executive Officer Senior Assistant Vice President and Secretary Senior Vice President, Chief Financial Officer and Treasurer a. Is this an original filing? Yes [ X ] No [ ] Subscribed and sworn to before me this b. If no, 8th day of February, 07. State the amendment number. Date filed 3. Number of pages attached Ann Marie Octeau Notary Public June 8, 08

2 ASSETS Assets Current Year Nonadmitted Assets 3 Net Admitted Assets (Cols. - ) Prior Year 4 Net Admitted Assets. Bonds (Schedule D),5,647,87,5,647,87,3,480,53. Stocks (Schedule D):. Preferred stocks. Common stocks,846,046,44,846,046,44,856,45,66 3. Mortgage loans on real estate (Schedule B): 3. First liens 8,44,07 8,44,07 7,60,85 3. Other than first liens 4. Real estate (Schedule A): 4. Properties occupied by the company (less $ encumbrances) 44,56,357 44,56,357 43,778, Properties held for the production of income (less $ encumbrances),38,4 4.3 Properties held for sale (less $ encumbrances) 5. Cash ($ 40,687,30, Schedule E - Part ), cash equivalents ($, Schedule E - Part ) and short-term investments ($ 78,674,379, Schedule DA) 9,36,699 9,36,699 35,09,45 6. Contract loans (including $ premium notes) 7. Derivatives (Schedule DB) 8. Other invested assets (Schedule BA) 4,645,67 4,645,67 94,609, Receivable for securities 39,40,08 39,40, Securities lending reinvested collateral assets (Schedule DL). Aggregate write-ins for invested assets. Subtotals, cash and invested assets (Lines to ) 4,355,090,300 4,355,090,300 4,7,530, Title plants less $ charged off (for Title insurers only) 4. Investment income due and accrued 0,507,757 0,507,757 0,60, Premiums and considerations: 5. Uncollected premiums and agents' balances in the course of collection 85,973,737 56,7 85,4,50 8,598, Deferred premiums and agents' balances and installments booked but deferred and not yet due (including $ earned but unbilled premiums) 477,83,00 48,3 477,34, ,597, Accrued retrospective premiums ($ ) and 6. Reinsurance: contracts subject to redetermination ($ ) 6. Amounts recoverable from reinsurers,789,75,789,75,64, Funds held by or deposited with reinsured companies 6.3 Other amounts receivable under reinsurance contracts 7. Amounts receivable relating to uninsured plans 8. Current federal and foreign income tax recoverable and interest thereon 5,600,86 5,600,86 5,645,50 8. Net deferred tax asset 34,349,356 34,349,356 48,85,94 9. Guaranty funds receivable or on deposit 0. Electronic data processing equipment and software 86,43,75 86,43,75. Furniture and equipment, including health care delivery assets ($ ),767,044,767,044. Net adjustment in assets and liabilities due to foreign exchange rates 3. Receivables from parent, subsidiaries and affiliates,0,04,0,04,68, Health care ($ ) and other amounts receivable 5. Aggregate write-ins for other than invested assets 53,497,06 49,939,59 93,557,90 80,58,38 6. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines to 5) 5,630,0, ,458,808 5,0,643,548 4,96,85, 7. From Separate Accounts, Segregated Accounts and Protected Cell Accounts 8. Total (Lines 6 and 7) 5,630,0, ,458,808 5,0,643,548 4,96,85, DETAILS OF WRITE-INS 98. Summary of remaining write-ins for Line from overflow page 99. Totals (Lines 0 thru 03 plus 98)(Line above) 50. Amica Companies Supplemental Retirement Trust 67,897,47 5,835,47 4,06,775 38,59, Amica Companies Supplemental Retirement Trust II 7,599,369 7,599,369 4,39, Equities and deposits in pools and associations 7,896,960 7,896,960 6,339, Summary of remaining write-ins for Line 5 from overflow page 400,03, ,03,687 5,999,798,447, Totals (Lines 50 thru 503 plus 598)(Line 5 above) 53,497,06 49,939,59 93,557,90 80,58,38

3 LIABILITIES, SURPLUS AND OTHER FUNDS Current Year Prior Year. Losses (Part A, Line 35, Column 8),00,74,8 96,900,350. Reinsurance payable on paid losses and loss adjustment expenses (Schedule F, Part, Column 6),337,55,493,44 3. Loss adjustment expenses (Part A, Line 35, Column 9) 68,44,88 70,85,43 4. Commissions payable, contingent commissions and other similar charges 83, Other expenses (excluding taxes, licenses and fees) 59,854,394 48,07, Taxes, licenses and fees (excluding federal and foreign income taxes) 8,44,983 9,84, Current federal and foreign income taxes (including $ on realized capital gains (losses)) 7. Net deferred tax liability 8. Borrowed money $ and interest thereon $ 9. Unearned premiums (Part A, Line 38, Column 5) (after deducting unearned premiums for ceded reinsurance of $,36,54 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),089,034,507,03,363, 0. Advance premium 8,663,03 0,94,. Dividends declared and unpaid:. Stockholders. Policyholders 0,60,336 9,836,404. Ceded reinsurance premiums payable (net of ceding commissions) 39,65 6, Funds held by company under reinsurance treaties (Schedule F, Part 3, Column 9) 4. Amounts withheld or retained by company for account of others,44,549,37,08 5. Remittances and items not allocated,497,9,085,77 6. Provision for reinsurance (including $ certified) (Schedule F, Part 8) 7. Net adjustments in assets and liabilities due to foreign exchange rates 8. Drafts outstanding 9. Payable to parent, subsidiaries and affiliates 0. Derivatives. Payable for securities 40,343,903 6,50,469. Payable for securities lending 3. Liability for amounts held under uninsured plans 4. Capital notes $ and interest thereon $ 5. Aggregate write-ins for liabilities 4,370,073 0,353, Total liabilities excluding protected cell liabilities (Lines through 5),536,969,367,350,587, Protected cell liabilities 8. Total liabilities (Lines 6 and 7),536,969,367,350,587, Aggregate write-ins for special surplus funds 6,000,000 6,000, Common capital stock 3. Preferred capital stock 3. Aggregate write-ins for other than special surplus funds 33. Surplus notes 34. Gross paid in and contributed surplus 35. Unassigned funds (surplus),577,674,8,605,64,7 36. Less treasury stock, at cost: 36. shares common (value included in Line 30 $ ) 36. shares preferred (value included in Line 3 $ ) 37. Surplus as regards policyholders (Lines 9 to 35, less 36) (Page 4, Line 39),583,674,8,6,64,7 38. TOTALS (Page, Line 8, Col. 3) 5,0,643,548 4,96,85, DETAILS OF WRITE-INS 50. Reserve for non-qualified pensions and deferrals 59,66,44 5,73, Reserve for unassessed insolvencies,894,400,368, Post retirement medical transition liability (SSAP 9) 6,84,59 47,54, Summary of remaining write-ins for Line 5 from overflow page 599. Totals (Lines 50 thru 503 plus 598)(Line 5 above) 4,370,073 0,353, Guaranty fund 3,000,000 3,000, Voluntary reserve 3,000,000 3,000, Summary of remaining write-ins for Line 9 from overflow page 999. Totals (Lines 90 thru 903 plus 998)(Line 9 above) 6,000,000 6,000, Summary of remaining write-ins for Line 3 from overflow page 399. Totals (Lines 30 thru 303 plus 398)(Line 3 above) 3

4 STATEMENT OF INCOME UNDERWRITING INCOME Current Year Prior Year. Premiums earned (Part, Line 35, Column 4),00,869,507,889,03,83 DEDUCTIONS:. Losses incurred (Part, Line 35, Column 7),35,88,037,35,4, Loss adjustment expenses incurred (Part 3, Line 5, Column ),940,303,99, Other underwriting expenses incurred (Part 3, Line 5, Column ) 498,937, ,87, Aggregate write-ins for underwriting deductions 6. Total underwriting deductions (Lines through 5),064,705,438,995,438, Net income of protected cells 8. Net underwriting gain or (loss) (Line minus Line 6 plus Line 7) (53,835,93) (06,44,9) INVESTMENT INCOME 9. Net investment income earned (Exhibit of Net Investment Income, Line 7) 07,006,585 5,59, Net realized capital gains or (losses) less capital gains tax of $ 6,8,58 (Exhibit of Capital Gains (Losses) ) 4,363,359 06,73,336. Net investment gain (loss) (Lines 9 + 0) 48,369,944 3,3,94 OTHER INCOME. Net gain (loss) from agents or premium balances charged off (amount recovered $,38,960 amount charged off $ 6,88,79 ) (5,049,83) (4,953,75) 3. Finance and service charges not included in premiums 5,678,668 6,03,87 4. Aggregate write-ins for miscellaneous income 5,630 90, Total other income (Lines through 4) 68,466,4, Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Lines ) 95,5,479 7,059, Dividends to policyholders 47,,373 4,5, Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Line 6 minus Line 7) 48,003,06 (5,45,336) 9. Federal and foreign income taxes incurred (98,55,76) (7,64,05) 0. Net income (Line 8 minus Line 9)(to Line ) 46,58,83 56,88,75 CAPITAL AND SURPLUS ACCOUNT. Surplus as regards policyholders, December 3 prior year (Page 4, Line 39, Column ),6,64,7,759,755,486. Net income (from Line 0) 46,58,83 56,88,75 3. Net transfers (to) from Protected Cell accounts 4. Change in net unrealized capital gains or (losses) less capital gains tax of $ (,37,703) (47,08,74) (34,77,63) 5. Change in net unrealized foreign exchange capital gain (loss) 6. Change in net deferred income tax (36,848,54) 5,644, Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 8, Col. 3) (87,4,699) (76,703,373) 8. Change in provision for reinsurance (Page 3, Line 6, Column minus Column ), Change in surplus notes 30. Surplus (contributed to) withdrawn from protected cells 3. Cumulative effect of changes in accounting principles (5,560,89) (5,560,89) 3. Capital changes: 3. Paid in 3. Transferred from surplus (Stock Dividend) 3.3 Transferred to surplus 33. Surplus adjustments: 33. Paid in 33. Transferred to capital (Stock Dividend) 33.3 Transferred from capital 34. Net remittances from or (to) Home Office 35. Dividends to stockholders 36. Change in treasury stock (Page 3, Lines 36. and 36., Column minus Column ) 37. Aggregate write-ins for gains and losses in surplus 3,64,347 6,5, Change in surplus as regards policyholders for the year (Lines through 37) (7,589,99) (48,49,34) 39. Surplus as regards policyholders, December 3 current year (Line plus Line 38) (Page 3, Line 37),583,674,8,6,64, DETAILS OF WRITE-INS Summary of remaining write-ins for Line 5 from overflow page Totals (Lines 050 thru 0503 plus 0598)(Line 5 above) 40. Discount earned on accounts payable 54,797 7, Penalties of regulatory authorities (,67) (36,638) Summary of remaining write-ins for Line 4 from overflow page 499. Totals (Lines 40 thru 403 plus 498)(Line 4 above) 5,630 90, Change in Amica Companies Supplemental Retirement Trust,698,77 (3,353,59) 370. Change in retiree medical overfunded asset 7,90,658 0,85, Unrecognized gain/(loss) on non-qualified pensions (,5,74) 3,39, Summary of remaining write-ins for Line 37 from overflow page 5,687,6 (3,946,677) Totals (Lines 370 thru 3703 plus 3798)(Line 37 above) 3,64,347 6,5,56 4

5 CASH FLOW Current Year Prior Year Cash from Operations. Premiums collected net of reinsurance,045,539,368,95,08,67. Net investment income,433,830 40,793, Miscellaneous income (,49,793) (,385,079) 4. Total (Lines through 3),65,553,405,063,46, Benefit and loss related payments,305,667,709,64,730, Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts 7. Commissions, expenses paid and aggregate write-ins for deductions 686,84, ,706,00 8. Dividends paid to policyholders 46,447,44 4,77,63 9. Federal and foreign income taxes paid (recovered) net of $ tax on capital gains (losses) (,07,5),064,63 0. Total (Lines 5 through 9),37,857,47,075,778,643. Net cash from operations (Line 4 minus Line 0) 7,695,988 (,35,77) Cash from Investments. Proceeds from investments sold, matured or repaid:. Bonds 375,985,8 404,438,59. Stocks 783,97,9 460,37,84.3 Mortgage loans 74,59 38,36.4 Real estate.5 Other invested assets 7,50,356 4,53,968.6 Net gains or (losses) on cash, cash equivalents and short-term investments.7 Miscellaneous proceeds 33,84,434.8 Total investment proceeds (Lines. to.7),0,39, ,38,76 3. Cost of investments acquired (long-term only): 3. Bonds 397,37, ,49, Stocks 65,87, ,567, Mortgage loans 0,878,45 7,658,6 3.4 Real estate,905,077 64, Other invested assets 36,59,03,30, Miscellaneous applications 39,40,960 7,95,9 3.7 Total investments acquired (Lines 3. to 3.6),47,39,33 807,45, Net increase (decrease) in contract loans and premium notes 5. Net cash from investments (Line.8 minus Line 3.7 minus Line 4) 54,090,335 6,90,796 Cash from Financing and Miscellaneous Sources 6. Cash provided (applied): 6. Surplus notes, capital notes 6. Capital and paid in surplus, less treasury stock 6.3 Borrowed funds 6.4 Net deposits on deposit-type contracts and other insurance liabilities 6.5 Dividends to stockholders 6.6 Other cash provided (applied) (97,633,869) (86,4,809) 7. Net cash from financing and miscellaneous sources (Lines 6. to 6.4 minus Line 6.5 plus Line 6.6) (97,633,869) (86,4,809) RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 8. Net change in cash, cash equivalents and short-term investments (Line, plus Lines 5 and 7) (5,847,546) (36,86,90) 9. Cash, cash equivalents and short-term investments: 9. Beginning of year 35,09,45 7,070, End of period (Line 8 plus Line 9.) 9,36,699 35,09,45 Note: Supplemental disclosures of cash flow information for non-cash transactions: Cost basis of Amica Texas Insurance Company (previously Amica Lloyd's of Texas), which was converted from a Lloyds company to a stock company on December, 05, and subsequently merged with its stock insurance affilate, Amica Property and Casualty Insurance Company. 8,000, Cost basis of Amica General Agency, LLC (previously Amica General Agency, Inc.), which was converted from a stock company to a limited liability company effective January, ,000 5

6 UNDERWRITING AND INVESTMENT EXHIBIT Line of Business PART - PREMIUMS EARNED Net Premiums Written per Column 6, Part B Unearned Premiums Dec. 3 Prior Year - per Col. 3, Last Year s Part 3 Unearned Premiums Dec. 3 Current Year - per Col. 5 Part A 4 Premiums Earned During Year (Cols ). Fire 0,459,945 5,573,398 5,75,0 0,8,3. Allied lines 0,36,8 9,797,73,60,6 8,863, Farmowners multiple peril 4. Homeowners multiple peril 75,76,838 38,53,408 4,46,30 7,59,6 5. Commercial multiple peril 6. Mortgage guaranty 8. Ocean marine 4,978,33,440,6,485,888 4,933, Inland marine 4,485,553 7,609,670 7,87,64 4,77, Financial guaranty. Medical professional liability - occurrence. Medical professional liability - claims-made. Earthquake 0,700,99 0,43,678,056,594 0,068, Group accident and health 4. Credit accident and health (group and individual) 5. Other accident and health 6. Workers' compensation 6,9 3,60 3,43 6, Other liability - occurrence 58,787,64 6,640,650 9,660,6 55,767, Other liability - claims-made 7.3 Excess workers' compensation 8. Products liability - occurrence 8. Products liability - claims-made 9., 9. Private passenger auto liability 79,309,64 343,56, ,80, ,546,8 9.3, 9.4 Commercial auto liability 74,5 44,789 44,60 74,440. Auto physical damage 484,49,98 5,930,456 45,084,74 465,75,697. Aircraft (all perils) 3. Fidelity 4. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 9. International 30. Warranty 3. Reinsurance - nonproportional assumed property 3. Reinsurance - nonproportional assumed liability 33. Reinsurance - nonproportional assumed financial lines 34. Aggregate write-ins for other lines of business 35. TOTALS,086,540,903,03,363,,089,034,507,00,869, DETAILS OF WRITE-INS Summary of remaining write-ins for Line 34 from overflow page Totals (Lines 340 thru 3403 plus 3498)(Line 34 above) 6

7 UNDERWRITING AND INVESTMENT EXHIBIT Line of Business PART A - RECAPITULATION OF ALL PREMIUMS 3 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 4 Reserve for Rate Credits and Retrospective Adjustments Based on Experience 5 Total Reserve for Unearned Premiums Cols Fire 5,75,0 5,75,0. Allied lines,60,6,60,6 3. Farmowners multiple peril 4. Homeowners multiple peril 4,46,30 4,46,30 5. Commercial multiple peril 6. Mortgage guaranty 8. Ocean marine,485,888,485, Inland marine 7,87,64 7,87,64 0. Financial guaranty. Medical professional liability - occurrence. Medical professional liability - claims-made. Earthquake,056,594,056, Group accident and health 4. Credit accident and health (group and individual) 5. Other accident and health 6. Workers' compensation 3,43 3,43 7. Other liability - occurrence 9,660,6 9,660,6 7. Other liability - claims-made 7.3 Excess workers' compensation 8. Products liability - occurrence 8. Products liability - claims-made 9., 9. Private passenger auto liability 363,80, ,80, , 9.4 Commercial auto liability 44,60 44,60. Auto physical damage 45,084,74 45,084,74. Aircraft (all perils) 3. Fidelity 4. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 9. International 30. Warranty 3. Reinsurance - nonproportional assumed property 3. Reinsurance - nonproportional assumed liability 33. Reinsurance - nonproportional assumed financial lines 34. Aggregate write-ins for other lines of business 35. TOTALS,089,034,507,089,034, Accrued retrospective premiums based on experience 37. Earned but unbilled premiums 38. Balance (Sum of Line 35 through 37),089,034, DETAILS OF WRITE-INS Summary of remaining write-ins for Line 34 from overflow page Totals (Lines 340 thru 3403 plus 3498)(Line 34 above) (a) State here basis of computation used in each case Daily Pro Rata 7

8 UNDERWRITING AND INVESTMENT EXHIBIT PART B - PREMIUMS WRITTEN Line of Business Reinsurance Assumed Reinsurance Ceded Net Premiums Written Direct Business (a) From Affiliates From Non-Affiliates To Affiliates To Non-Affiliates Cols Fire 0,05, ,687 97, 0,459,945. Allied lines 0,7,60 700,37 545,079 0,36,8 3. Farmowners multiple peril 4. Homeowners multiple peril 777,0,365,340,68 5,84,09 75,76, Commercial multiple peril 6. Mortgage guaranty 8. Ocean marine 5,08,395 03,08 4,978,33 9. Inland marine 4,898,3 4,560 4,485, Financial guaranty. Medical professional liability - occurrence. Medical professional liability - claims-made. Earthquake,80,87 579,880 0,700,99 3. Group accident and health 4. Credit accident and health (group and individual) 5. Other accident and health 6. Workers' compensation 6,9 6,9 7. Other liability - occurrence 58,787,64 58,787,64 7. Other liability - claims-made 7.3 Excess workers' compensation 8. Products liability - occurrence 8. Products liability - claims-made 9., 9. Private passenger auto liability 709,046,804 3,48, ,9,470 79,309,64 9.3, 9.4 Commercial auto liability 5,666 58,586 74,5. Auto physical damage 48,074,79 6,067,598 38,087 3,750, ,49,98. Aircraft (all perils) 3. Fidelity 4. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 9. International 30. Warranty 3. Reinsurance - nonproportional assumed property XXX 3. Reinsurance - nonproportional assumed liability XXX 33. Reinsurance - nonproportional assumed financial lines XXX 34. Aggregate write-ins for other lines of business 35. TOTALS,098,879,7 9,549,04,844,043 34,73,885,086,540, DETAILS OF WRITE-INS Summary of remaining write-ins for Line 34 from overflow page Totals (Lines 340 thru 3403 plus 3498)(Line 34 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 $. Amount at which such installment premiums would have been reported had they been reported on an annualized basis $ 8

9 9 ANNUAL STATEMENT FOR THE YEAR 06 OF THE AMICA MUTUAL INSURANCE COMPANY UNDERWRITING AND INVESTMENT EXHIBIT PART - LOSSES PAID AND INCURRED Losses Paid Less Salvage Net Losses Unpaid Current Year (Part A, Col. 8) Losses Incurred Current Year (Cols ) Percentage of Losses Incurred (Col. 7, Part ) to Premiums Earned (Col. 4, Part ) Reinsurance Reinsurance Net Payments Net Losses Unpaid Line of Business Direct Business Assumed Recovered (Cols. + -3) Prior Year. Fire 3,7, ,039 3,46,779,059,493,95,648 3,35, Allied lines 4,059,93 3,940 4,38,853 3,50,475,905,473 4,977, Farmowners multiple peril 4. Homeowners multiple peril 44,937,33,963,47 46,900,578 76,93,764 59,935, ,897, Commercial multiple peril 6. Mortgage guaranty 8. Ocean marine,83,84,83,84,909,88 947,045,795, Inland marine 5,987,08 (35,58) 5,95,870,04,98,83,585 5,80, Financial guaranty. Medical professional liability - occurrence. Medical professional liability - claims-made. Earthquake 37,000 85,640 (48,640) (0.7) 3. Group accident and health 4. Credit accident and health (group and individual) 5. Other accident and health 6. Workers' compensation 4,000 4, Other liability - occurrence 7,333,907 7,333,907 86,08,8 95,50,895 8,0, Other liability - claims-made 7.3 Excess workers' compensation 8. Products liability - occurrence 8. Products liability - claims-made 9., 9. Private passenger auto liability 504,46,67 7,4,603 3,53,5 58,034, ,966,069 66,548,049 55,45, , 9.4 Commercial auto liability 40,37 3,683 73, ,653 33,94 88, Auto physical damage 3,448,90 4,566,9 37,05,83 43,696,04 38,05,34 3,606, Aircraft (all perils) 3. Fidelity 4. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 9. International 30. Warranty 3. Reinsurance - nonproportional assumed property XXX 3. Reinsurance - nonproportional assumed liability XXX 33. Reinsurance - nonproportional assumed financial lines XXX 34. Aggregate write-ins for other lines of business 35. TOTALS,84,84,65 4,35,66 3,53,5,304,986,06,00,74,8 96,900,350,35,88, DETAILS OF WRITE-INS Summary of remaining write-ins for Line 34 from overflow page Totals (Lines 340 thru 3403 plus 3498)(Line 34 above)

10 0 ANNUAL STATEMENT FOR THE YEAR 06 OF THE AMICA MUTUAL INSURANCE COMPANY UNDERWRITING AND INVESTMENT EXHIBIT PART A - UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES Reported Losses Incurred But Not Reported Deduct Reinsurance Recoverable Net Losses Excl. Incurred But Not Reported (Cols ) Net Unpaid Loss Adjustment Expenses Reinsurance Reinsurance Reinsurance Net Losses Unpaid Line of Business Direct Assumed Direct Assumed Ceded (Cols ). Fire,73,68 3,874,846,49 3,00,059,493 34,8. Allied lines,863,53 98,977,96, ,967 3,50, ,34 3. Farmowners multiple peril 4. Homeowners multiple peril 67,65,56,49,373 69,44,934 7,360,833 56,997 76,93,764 3,979,74 5. Commercial multiple peril 6. Mortgage guaranty 8. Ocean marine,575,875,575, ,006,909,88 4,40 9. Inland marine 356, , ,977,04,98 94, Financial guaranty. Medical professional liability - occurrence. Medical professional liability - claims-made. Earthquake 0,000 0,000 7,000 37,000, Group accident and health (a) 4. Credit accident and health (group and individual) 5. Other accident and health (a) 6. Workers' compensation 4,000 4,000 30, Other liability - occurrence 70,3,775 70,3,775 5,887,047 86,08,8 8,83,39 7. Other liability - claims-made 7.3 Excess workers' compensation 8. Products liability - occurrence 8. Products liability - claims-made 9., 9. Private passenger auto liability 580,74,953,77,00 7,577,34 595,89,8 9,548,6 7,54, ,966,069,855, , 9.4 Commercial auto liability 47,608 7,80 39,409 8,44 347,653 48,64. Auto physical damage 40,768,45 469,503 4,37,648,9,398 66,996 43,696,04 4,567,84. Aircraft (all perils) 3. Fidelity 4. Surety 6. Burglary and theft 7. Boiler and machinery 8. Credit 9. International 30. Warranty 3. Reinsurance - nonproportional assumed property XXX XXX 3. Reinsurance - nonproportional assumed liability XXX XXX 33. Reinsurance - nonproportional assumed financial lines XXX XXX 34. Aggregate write-ins for other lines of business 35. TOTALS 865,884,07 5,630,78 7,577,34 883,937,457 8,955,735 7,848,989,00,74,8 68,44,88 DETAILS OF WRITE-INS Summary of remaining write-ins for Line 34 from overflow page Totals (Lines 340 thru 3403 plus 3498)(Line 34 above) (a) Including $ for present value of life indemnity claims.

11 UNDERWRITING AND INVESTMENT EXHIBIT PART 3 - EXPENSES 3 4. Claim adjustment services: Loss Adjustment Expenses Other Underwriting Expenses Investment Expenses. Direct 66,935,07 66,935,07. Reinsurance assumed 3,959,04 3,959,04.3 Reinsurance ceded 53,03 53,03.4 Net claim adjustment service ( ) 70,74,53 70,74,53. Commission and brokerage:. Direct excluding contingent,05,578,05,578. Reinsurance assumed, excluding contingent 4,49,45 4,49,45.3 Reinsurance ceded, excluding contingent 39,5 39,5.4 Contingent - direct.5 Contingent - reinsurance assumed.6 Contingent - reinsurance ceded.7 Policy and membership fees.8 Net commission and brokerage ( ) 6,457,48 6,457,48 3. Allowances to managers and agents 4. Advertising 05,0,788 05,0, Boards, bureaus and associations,97,54 4,577, 5,774, Surveys and underwriting reports 6 3,066,964 3,066, Audit of assureds records 8. Salary and related items: 8. Salaries 89,49,48 85,53,800 6,60,47 8,364, Payroll taxes 6,50,30,34,96,703 7,948, Employee relations and welfare 0,800,357 37,44,407,6,35 59,070, Insurance 658, ,753. Directors fees 4,797 73, ,76,708,607. Travel and travel items,946,88 6,0,00 5,5 8,39, Rent and rent items 9,09,00,63,03 50,95 0,98, Equipment 7,89,076 35,87,88 943,6 44,580,73 5. Cost or depreciation of EDP equipment and software 39,5 6,454,475 5,659 6,709,59 6. Printing and stationery 68,946,69,9 7,09,530,74 7. Postage, telephone and telegraph, exchange and express 3,474,45,064,79 58,0 4,597,56 8. Legal and auditing 7,54,545,45 599,796,866, Totals (Lines 3 to 8) 4,99,050 44,96,307 0,706,04 595,0,37 0. Taxes, licenses and fees: 0. State and local insurance taxes deducting guaranty association credits of $ 3,58 45,36,386 45,36, Insurance department licenses and fees,448,730,448, Gross guaranty association assessments (35,90) (35,90) 0.4 All other (excluding federal and foreign income and real estate),09,30,09, Total taxes, licenses and fees ( ) 48,74,55 48,74,55. Real estate expenses 9,64,598 9,64,598. Real estate taxes,45,689,45, Reimbursements by uninsured plans 4. Aggregate write-ins for miscellaneous expenses,44,794,44, Total expenses incurred,940, ,937,098,783,30 (a) 733,660,70 6. Less unpaid expenses - current year 68,44,88 6,530,093 7,050,73 36,85,03 7. Add unpaid expenses - prior year 70,85,43 5,044,653 5,987,968 8,857, Amounts receivable relating to uninsured plans, prior year 9. Amounts receivable relating to uninsured plans, current year 30. TOTAL EXPENSES PAID (Lines ) 5,5,58 489,45,658 0,70,537 75,693,453 DETAILS OF WRITE-INS 40. Residual market buy-out fees 544,64 544, Donations 897,80 897, Summary of remaining write-ins for Line 4 from overflow page 499. Totals (Lines 40 thru 403 plus 498)(Line 4 above),44,794,44,794 (a) Includes management fees of $ to affiliates and $ to non-affiliates. Total

12 EXHIBIT OF NET INVESTMENT INCOME Collected During Year Earned During Year. U.S. Government bonds (a),9,97,886,848. Bonds exempt from U.S. tax (a) 6,343,43 6,0,660. Other bonds (unaffiliated) (a) 3,36,688 3,57,66.3 Bonds of affiliates (a). Preferred stocks (unaffiliated) (b). Preferred stocks of affiliates (b). Common stocks (unaffiliated) 39,070,48 39,54,734. Common stocks of affiliates 3. Mortgage loans (c) 68,45 749,53 4. Real estate (d),469,540,469,540 5 Contract loans 6 Cash, cash equivalents and short-term investments (e),757,883,78,433 7 Derivative instruments (f) 8. Other invested assets,06,53,06,53 9. Aggregate write-ins for investment income 886,596 4,763,09 0. Total gross investment income 7,50,49 3,9,904. Investment expenses (g) 0,330,6. Investment taxes, licenses and fees, excluding federal income taxes (g),45, Interest expense (h) 4. Depreciation on real estate and other invested assets (i),50,08 5. Aggregate write-ins for deductions from investment income 6. Total deductions (Lines through 5) 4,85,39 7. Net investment income (Line 0 minus Line 6) 07,006,585 DETAILS OF WRITE-INS 090. Income on Amica Companies Supplemental Retirement Trust 3,876, Miscellaneous Interest 886, , Summary of remaining write-ins for Line 9 from overflow page Totals (Lines 090 thru 0903 plus 0998) (Line 9, above) 886,596 4,763, Summary of remaining write-ins for Line 5 from overflow page 599. Totals (Lines 50 thru 503 plus 598) (Line 5, above) (a) Includes $,493,650 accrual of discount less $,37,57 amortization of premium and less $,37,540 paid for accrued interest on purchases. (b) Includes $ accrual of discount less $ amortization of premium and less $ paid for accrued dividends on purchases. (c) Includes $ accrual of discount less $ amortization of premium and less $ paid for accrued interest on purchases. (d) Includes $ 0,966, for company s occupancy of its own buildings; and excludes $ interest on encumbrances. (e) Includes $ 430,707 accrual of discount less $ amortization of premium and less $ paid for accrued interest on purchases. (f) Includes $ accrual of discount less $ amortization of premium. (g) Includes $ investment expenses and $ investment taxes, licenses and fees, excluding federal income taxes, attributable to segregated and Separate Accounts. (h) Includes $ interest on surplus notes and $ interest on capital notes. (i) Includes $,50,08 depreciation on real estate and $ depreciation on other invested assets. EXHIBIT OF CAPITAL GAINS (LOSSES) Total Realized Capital Change in Realized Gain (Loss) On Sales or Maturity Other Realized Adjustments Gain (Loss) (Columns + ) Unrealized Capital Gain (Loss). U.S. Government bonds 5,86,38 5,86,38. Bonds exempt from U.S. tax,8,54,8,54. Other bonds (unaffiliated) 3,489,50 3,489,50.3 Bonds of affiliates. Preferred stocks (unaffiliated). Preferred stocks of affiliates. Common stocks (unaffiliated) 0,08,68 (7,535,40) 9,493,7 (6,495,85). Common stocks of affiliates (7,763,790) 3. Mortgage loans 4. Real estate 5. Contract loans 6. Cash, cash equivalents and short-term investments 7. Derivative instruments 8. Other invested assets,58,879 (,377,64) 04,65 804,7 9. Aggregate write-ins for capital gains (losses) 0. Total capital gains (losses) 3,404,55 (8,9,665) 0,49,887 (69,455,444) DETAILS OF WRITE-INS Summary of remaining write-ins for Line 9 from overflow page Totals (Lines 090 thru 0903 plus 0998) (Line 9, above) Change in Unrealized Foreign Exchange Capital Gain (Loss)

13 . Bonds (Schedule D). Stocks (Schedule D): ANNUAL STATEMENT FOR THE YEAR 06 OF THE AMICA MUTUAL INSURANCE COMPANY. Preferred stocks. Common stocks 3. Mortgage loans on real estate (Schedule B): 3. First liens 3. Other than first liens 4. Real estate (Schedule A): 4. Properties occupied by the company 4. Properties held for the production of income 4.3 Properties held for sale EXHIBIT OF NON-ADMITTED ASSETS 5. Cash (Schedule E - Part ), cash equivalents (Schedule E - Part ) and short-term investments (Schedule DA) 6. Contract loans 7. Derivatives (Schedule DB) 8. Other invested assets (Schedule BA) 9. Receivables for securities 0. Securities lending reinvested collateral assets (Schedule DL). Aggregate write-ins for invested assets. Subtotals, cash and invested assets (Lines to ) 3. Title plants (for Title insurers only) 4. Investment income due and accrued 5. Premiums and considerations: Current Year Total Nonadmitted Assets Prior Year Total Nonadmitted Assets 3 Change in Total Nonadmitted Assets (Col. - Col. ) 5. Uncollected premiums and agents' balances in the course of collection 56,7,539,49 978,0 5. Deferred premiums, agents' balances and installments booked but deferred and not yet due 48,3 36,45 34, Accrued retrospective premiums and contracts subject to redetermination 6. Reinsurance: 6. Amounts recoverable from reinsurers 6. Funds held by or deposited with reinsured companies 6.3 Other amounts receivable under reinsurance contracts 7. Amounts receivable relating to uninsured plans 8. Current federal and foreign income tax recoverable and interest thereon 8. Net deferred tax asset 9. Guaranty funds receivable or on deposit 0. Electronic data processing equipment and software 86,43,75 77,767,357 (8,375,88). Furniture and equipment, including health care delivery assets,767,044 3,65,57 398,3. Net adjustment in assets and liabilities due to foreign exchange rates 3. Receivables from parent, subsidiaries and affiliates 4. Health care and other amounts receivable 5. Aggregate write-ins for other than invested assets 49,939,59 339,0,75 (80,736,434) 6. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines to 5) 509,458,808 4,037,09 (87,4,699) 7. From Separate Accounts, Segregated Accounts and Protected Cell Accounts 8. Total (Lines 6 and 7) 509,458,808 4,037,09 (87,4,699) DETAILS OF WRITE-INS 98. Summary of remaining write-ins for Line from overflow page 99. Totals (Lines 0 thru 03 plus 98)(Line above) 50. Travel advances 7,48 5,308 (,840) 50. Postage inventory,335,37 639,599 (695,538) 503. Prepaid expenses,559,87 7,706,687 (4,853,85) 598. Summary of remaining write-ins for Line 5 from overflow page 406,07,00 330,83,3 (75,85,87) 599. Totals (Lines 50 thru 503 plus 598)(Line 5 above) 49,939,59 339,0,75 (80,736,434) 3

14 NOTES TO FINANCIAL STATEMENTS Note Summary of Significant Accounting Policies and Going Concern A. Accounting Practices The accompanying financial statements of the Amica Mutual Insurance Company (the Company) have been prepared on the basis of accounting practices prescribed or permitted by the State of Rhode Island. The State of Rhode Island requires insurance companies domiciled in the State of Rhode Island to prepare their statutory financial statements in accordance with the National Association of Insurance Commissioners (NAIC) Accounting Practices and Procedures Manual subject to any deviations prescribed or permitted by the State of Rhode Island Insurance Department. The Company has no state basis statement adjustments to report. A reconciliation of the Company s net income and capital and surplus between NAIC statutory accounting practices (NAIC SAP) and practices prescribed and permitted by the State of Rhode Island as of December 3, 06 and December 3, 05 is shown below: Net Income F/S F/S SSAP # Page Line # () Company state basis (Page 4, Line 0, Columns & ) XXX XXX XXX $46,58,83 $56,88,75 () State Prescribed Practices that (increase)/decrease NAIC SAP 0 0 (3) State Permitted Practices that (increase)/decrease NAIC SAP 0 0 (4) NAIC SAP ( 3 = 4) XXX XXX XXX $46,58,83 $56,88,75 Surplus (5) Company state basis (Page 3, Line 37, Columns & ) XXX XXX XXX $,583,674,8 $,6,64,7 (6) State Prescribed Practices that (increase)/decrease NAIC SAP 0 0 (7) State Permitted Practices that (increase)/decrease NAIC SAP 0 0 (8) NAIC SAP (5 6 7 = 8) XXX XXX XXX $,583,674,8 $,6,64,7 B. Use of Estimates in the Preparation of the Financial Statements The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. It also requires estimates in the disclosure of contingent assets and liabilities. Actual results could differ from these estimates. C. Accounting Policies Premiums are earned over the terms of the related policies and reinsurance contracts. Unearned premiums are established to cover the unexpired portion of premiums written. Such reserves are computed by pro rata methods for direct business and are based on reports received from ceding companies for reinsurance assumed. Expenses incurred in connection with acquiring new insurance business, including acquisition costs such as sales commissions, are charged to operations as incurred. Expenses incurred are reduced for ceding allowances received or receivable. In addition, the Company uses the following accounting policies:. Short-term investments are stated at cost. The Company only purchases investment-grade securities.. Bonds not backed by other loans are stated at amortized value using the scientific method. 3. Common stocks, other than investments in stocks of subsidiaries and affiliates, are stated at market value. Other-thantemporary declines in the fair value of a common stock are written down to fair value as the new cost basis and the amount of the write-down is accounted for as a realized loss. 4. The Company does not hold preferred stock. 5. First lien mortgage loans on real estate are reported at the unpaid balance of the loan. 6. Loan-backed bonds and structured securities are valued at amortized cost using the retrospective method (or a method which approximates the retrospective method). 4

15 NOTES TO FINANCIAL STATEMENTS 7. The Company owns 00% of the following subsidiaries: /3/6 /3/5 Statement Statement Affiliate Value Value Valuation Basis Common Stock: Amica Life Insurance Company $78,8,309 $87,57,076 Statutory Equity Amica Property and Casualty Insurance Company 79,076,584 78,34,607 Statutory Equity Total Common Stock $357,897,893 $365,66,683 Other Inv ested Asset: Amica General Agency, LLC $8,77,97 $7,454,883 GAAP Equity Total Other Inv ested Asset $8,77,97 $7,454,883 Total All Affiliates $366,65,90 $373,6,566 See Note 0 for information concerning changes to the holding company group. 8. Other invested assets are stated as follows: a. Unaffiliated joint venture interests are carried at the Company s share of the GAAP equity of the fund. b. Amica General Agency, LLC is stated on the GAAP equity basis. 9. The Company does not hold or issue derivative financial instruments. 0. The Company does not anticipate investment income as a factor in premium deficiency calculations.. 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 liability are continually reviewed and any adjustments are reflected in the period determined.. Assets are depreciated or amortized against net income as the estimated economic benefit expires. Amounts less than the predefined threshold of $5,000 for furniture, fixtures, equipment and real estate are expensed when purchased. The Company has not modified its capitalization policy from the prior period. 3. The Company has no pharmaceutical rebate receivables. 4. The Company presents net realized capital gains or (losses) net of capital gains tax on the statement of income. 5. Investments in real estate are carried at depreciated cost less encumbrances. The Company generally follows straight-line depreciation methods for all of its real estate holdings. There were no impairment losses on real estate recognized in 06 or 05. D. Going Concern As of February 8, 07, management has determined there is no substantial doubt about the entity s ability to continue as a going concern within one year after the date that the financial statements are issued. Note Accounting Changes and Correction of Errors Effective January, 03 the Company adopted SSAP No. 9, Accounting for Postretirement Benefits Other Than Pensions, A Replacement of SSAP No. 4 to account for retiree medical benefits. This statement requires participants not yet eligible to retire to be included in the accumulated postretirement benefit obligation. In accordance with this statement, the Company has elected to phase in the corresponding transition liability over a period not to exceed ten years and recorded a current year transition liability of $5,560,89 million as of December 3, 06. See Note for additional information. In 05, the Company modified the actuarial calculation and assumptions used over retiree life benefits to ensure expense and liability calculations were in accordance with SSAP No. 9, Accounting for Postretirement Benefits Other Than Pensions, A Replacement of SSAP No. 4. The adoption of SSAP No. 9 created an additional liability of $3,658,585, which was recognized immediately in 05, with a corresponding charge to surplus. Note 3 Business Combinations and Goodwill Note 4 Discontinued Operations Note 5 Investments A. Mortgage Loans, including Mezzanine Real Estate Loans. The Company has invested in nine commercial mortgage loans at December 3, 06. The maximum and minimum lending rates were 4.3% and 3.8%.. The maximum percentage of any one loan to the value of security at the time of the loan, exclusive of insured or guaranteed or purchase money mortgages, was 63.3%. 3. There were no taxes, assessments or any amounts advanced and not included in the mortgage loan total. 4.

16 NOTES TO FINANCIAL STATEMENTS 4. Age Analysis of Mortgage Loans: A. Current Year. Recorded Inv estment (All) Residential Commercial Farm Insured All Other Insured All Other Mezzanine Total (a) Current $0 $0 $0 $0 $8,44,07 $0 $8,44,07 (b) Days Past Due (c) Days Past Due (d) Days Past Due (e) 80+ Day s Past Due Accruing Interest Day s Past Due (a) Recorded Inv estment (b) Interest Accrued Accruing Interest 80+ Day s Past Due (a) Recorded Inv estment (b) Interest Accrued Interest Reduced (a) Recorded Inv estment (b) Number of Loans (c) Percent Reduced B. Prior Year. Recorded Inv estment (All) (a) Current ,60,85 0 7,60,85 (b) Days Past Due (c) Days Past Due (d) Days Past Due (e) 80+ Day s Past Due Accruing Interest Day s Past Due (a) Recorded Inv estment (b) Interest Accrued Accruing Interest 80+ Day s Past Due (a) Recorded Inv estment (b) Interest Accrued Interest Reduced (a) Recorded Inv estment (b) Number of Loans (c) Percent Reduced There were no impaired mortgage loans, mortgage loans derecognized as a result of foreclosure or allowances for credit losses on mortgage loans. B. Debt Restructuring C. Reverse Mortgages D. Loan-Backed Securities. Prepayment assumptions for single-class and multi-class mortgage-backed and asset-backed securities were obtained from broker dealer survey values, nationally recognized data services or internal estimates. The Company used Hub Data, Inc. to determine the market value of its loan-backed securities. In 06, there were no changes from retrospective to prospective methodologies. -3. The Company did not write down any loan-backed securities during the period. 4.

17 NOTES TO FINANCIAL STATEMENTS 4. All impaired securities (fair value is less than cost or amortized cost) for which an other-than-temporary impairment has not been recognized in earnings as a realized loss (including securities with a recognized other-than-temporary impairment for non-interest related declines when a non-recognized interest related impairment remains): a. The aggregate amount of unrealized losses:. Less than Months $ 8,763,435. Months or Longer $,685,86 b. The aggregate related fair v alue of securities w ith unrealized losses:. Less than Months $ 498,48,885. Months or Longer $ 8,04, All loan-backed and structured securities in an unrealized loss position were reviewed to determine whether other-thantemporary impairments should be recognized. The Company asserts that it has the intent and ability to hold these securities long enough to allow the cost basis of these securities to be recovered. These conclusions are supported by an analysis of the underlying credit of each security. Unrealized losses are primarily attributable to higher interest rates and modestly wider spread levels. It is possible that the Company could recognize other-than-temporary impairments in the future on some of the securities, if future events, information and passage of time cause it to conclude that declines in fair value are other-than temporary. E. Repurchase Agreements and/or Securities Lending Transactions Not applicable F. Real Estate G. Investments in Low-Income Housing Tax Credits (LIHTC) H. Restricted Assets. Restricted Assets (Including Pledged) Restricted Asset Category a. Subject to contractual Gross (Admitted & Nonadmitted) Restricted Current Year obligation for w hich liability is not show n $0 $0 $0 b. Collateral held under Percentage contracts % 0.0% ex cluding FHLB capital stock % 0.0% i. FHLB capital stock % 0.0% j. On deposit with states 3,589, ,589,3 3,589, ,589,3 0.% 0.% regulatory bodies % 0.0% (a) Subset of column (b) Subset of column 3 Total General Account (G/A) G/A Supporting Protected Cell Account Activity (a) (c) Column 5 divided by Asset Page, Column, Line 8 (d) Column 9 divided by Asset Page, Column 3, Line 8 Total Protected Cell Account Restricted Assets Protected Cell Account Assets Supporting G/A Activity (b) Total From Prior Year Increase/ (Decrease) (5 minus 6) Total Nonadmitted Restricted Total Admitted Restricted Gross (Admitted & Nonadmitted) Restricted to (5 minus 8) Total Assets (c) security lending arrangements % 0.0% c. Subject to repurchase agreements % 0.0% d. Subject to rev erse repurchase agreements % 0.0% e. Subject to dollar repurchase agreeements % 0.0% f. Subject to dollar rev erse repurchase agreements % 0.0% g. Placed under option h. Letter stock or securities restricted as to sale - k. On deposit w ith other l. Pledged as collateral to FHLB (including assets backing funding agreements) % m. Pledged as collateral not captured in other Total ( plus 3) $0 $0 $0 $0 $0 $0 0.0% 0.0% Admitted Restricted to Total Admitted Assets (d) categories % 0.0% n. Other restricted assets o. Total restricted assets $3,589,3 $0 $0 $0 $3,589,3 $3,589,055 $56 0.0% 0.0% 0.0% $0 $3,589,3 0.% 0.% 4.3