Since 1897
121st Financial Statement
as of December 31, 2018
(From the Report to the Superintendent of the Department of Financial Services, State of New York)
Assets
2017
2018
Cash and Short Term Investments
4,886,283
4,846,342
U.S. Government Bonds
15,263,386
16,398,573
Municipal Bonds
51,214,333
56,193,954
Stocks
54,344,774
48,745,522
Real Estate
421,342
401,900
Premiums in Course of Collection
1,384,053
1,315,335
Reinsurance Recoverable
130,128
115,401
Accrued Interest on Investments
538,499
555,117
All Other Assets
3,613,418
3,953,703
TOTAL ASSETS
$131,796,216
$132,525,847
Liabilities
Reserve for Losses and Adjustment Expense
2,310,647
2,301,758
Reserve for Unearned Premiums
2,970,024
2,919,221
Reserve for Other Liabilities
9,696,657
8,679,805
TOTAL LIABILITIES
$14,977,328
$13,900,784
Surplus Account
Special Contingent Surplus
559,385
566,616
Unassigned Funds
116,259,501
118,058,447
Total Policyholder Surplus
$116,618,887
$118,625,063
TOTAL LIABILITIES AND SURPLUS
$131,586,216
$132,525,847
Direct written premiums
18,966,350
18,765,565
Net written premiums
4,691,206
4,591,533
RATED A+ (SUPERIOR) by A.M. Best Company
RATED A" (UNSURPASSED) by Demotech Inc.
