ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

ASSETS

Current Year

Prior Year

1

2

3

4

Net Admitted Assets

Net Admitted

Assets

Nonadmitted Assets

(Cols. 1 - 2)

Assets

1. Bonds (Schedule D)

................. 28,723,320

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

................. 28,723,320

26,747,510

2. Stocks (Schedule D):

2.1 Preferred stocks

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

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

0

0

2.2 Common stocks

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

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

0

0

3.

Mortgage loans on real estate (Schedule B):

3.1 First liens

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

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

0

0

3.2 Other than first liens

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

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

0

0

4.

Real estate (Schedule A):

4.1 Properties occupied by the company (less $

encumbrances)

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

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

0

0

4.2 Properties held for

the production of income (less

$

encumbrances)

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

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

0

0

4.3 Properties held for sale (less $

encumbrances)

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

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

0

0

5.

Cash ($

(24,808) , Schedule E - Part 1), cash equivalents

($

1,091,723

, Schedule E - Part 2) and short-term

investments ($

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

(1) , Schedule DA)

1,066,915

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

1,066,915

3,475,694

6.

Contract loans (including $

................................... premium notes)

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

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

0

0

7.

Derivatives (Schedule DB)

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

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

0

0

8.

Other invested assets (Schedule BA)

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

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

0

0

9.

Receivable for securities

30,000

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

30,000

230,000

10.

Securities lending reinvested collateral assets (Schedule DL)

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

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

0

0

11.

Aggregate write-ins for invested assets

0

0

0

0

12.

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

29,820,235

0

29,820,235

30,453,204

13.

Title plants less $

charged off (for Title insurers

only)

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

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

0

0

14.

Investment income due and accrued

188,468

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

188,468

174,577

15. Premiums and considerations:

15.1

Uncollected premiums and agents' balances in the course of collection

500,980

9,213

491,767

257,339

15.2

Deferred premiums, agents' balances and installments booked but

deferred and not yet due (including $

.......................793,000

earned but unbilled premiums)

30,045,918

79,300

29,966,618

29,569,900

15.3

Accrued retrospective premiums ($

) and

contracts subject to redetermination ($

................................... )

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

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

.................................0

.................................0

16. Reinsurance:

16.1

Amounts recoverable from reinsurers

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

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

.................................0

.................................0

16.2

Funds held by or deposited with reinsured companies

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

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

.................................0

.................................0

16.3

Other amounts receivable under reinsurance contracts

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

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

.................................0

.................................0

17.

Amounts receivable relating to uninsured plans

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

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

.................................0

.................................0

18.1

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

...................... 557,844

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

...................... 557,844

.......................267,587

18.2

Net deferred tax asset

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

...................... 819,812

............................. 617

...................... 819,195

.......................727,069

19.

Guaranty funds receivable or on deposit

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

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

.................................0

.................................0

20.

Electronic data processing equipment and software

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

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

.................................0

.................................0

21.

Furniture and equipment, including health care delivery assets

($

)

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

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

.................................0

.................................0

22.

Net adjustment in assets and liabilities due to foreign exchange rates

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

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

.................................0

.................................0

23.

Receivables from parent, subsidiaries and affiliates

................... 7,321,691

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

................... 7,321,691

................... 4,767,818

24.

Health care ($

) and other amounts receivable

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

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

.................................0

.................................0

25.

Aggregate write-ins for other than invested assets

.......................593,787

.................................0

.......................593,787

...................... 162,699

26. Total assets excluding Separate Accounts, Segregated Accounts and

Protected Cell Accounts (Lines 12 to 25)

69,848,735

89,130

69,759,605

66,380,193

27.

From Separate Accounts, Segregated Accounts and Protected Cell

0

0

Accounts

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

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

28.

Total (Lines 26 and 27)

69,848,735

89,130

69,759,605

66,380,193

DETAILS OF WRITE-INS

1101

1102

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

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

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

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

1103

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

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

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

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

1198.

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

.................................0

.................................0

.................................0

.................................0

1199.

Totals (Lines 1101 thru 1103 plus 1198)(Line 11 above)

0

0

0

0

2501.

Excise tax receivable

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

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

.................................0

...................... 162,699

2502.

State premium tax receivable

.......................593,787

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

.......................593,787

.................................0

2503

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

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

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

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

2598.

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

.................................0

.................................0

.................................0

.................................0

2599.

Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)

593,787

0

593,787

162,699

2

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

1

2

Current Year

Prior Year

1.

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

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

................. 16,398,297

................. 14,780,674

2.

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

................... 7,904,162

................... 1,900,573

3.

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

................... 2,320,217

................... 2,212,618

4.

Commissions payable, contingent commissions and other similar charges

.......................585,734

...................... 470,154

5.

Other expenses (excluding taxes, licenses and fees)

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

..........................1,105

6.

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

...................... 429,106

.......................325,302

7.1

Current federal and foreign income taxes (including $

on realized capital gains (losses))

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

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

7.2

Net deferred tax liability

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

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

8.

Borrowed money $

and interest thereon $

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

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

$

16,930,240 and including warranty reserves of $

................................... and accrued accident and

health experience rating refunds including $

0 for medical loss ratio rebate per the Public Health

Service Act)

................... 8,832,486

8,541,874

10. Advance premium

...................... 291,030

185,394

11. Dividends declared and unpaid:

11.1 Stockholders

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

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

11.2 Policyholders

11,439

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

12.

Ceded reinsurance premiums payable (net of ceding commissions)

19,044,000

19,866,797

13.

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

0

0

14.

Amounts withheld or retained by company for account of others

884,728

740,390

15.

Remittances and items not allocated

90,953

306,331

16.

Provision for reinsurance (including $

0 certified) (Schedule F, Part 3, Column 78)

177,000

0

17.

Net adjustments in assets and liabilities due to foreign exchange rates

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

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

18.

Drafts outstanding

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

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

19.

Payable to parent, subsidiaries and affiliates

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

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

20.

Derivatives

0

0

21.

Payable for securities

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

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

22.

Payable for securities lending

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

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

23.

Liability for amounts held under uninsured plans

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

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

24.

Capital notes $

and interest thereon $

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

25.

Aggregate write-ins for liabilities

0

0

26.

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

56,969,152

49,331,212

27.

Protected cell liabilities

28.

Total liabilities (Lines 26 and 27)

56,969,152

49,331,212

29.

Aggregate write-ins for special surplus funds

0

0

30.

Common capital stock

2,501,250

2,501,250

31.

Preferred capital stock

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

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

32.

Aggregate write-ins for other than special surplus funds

0

0

33.

Surplus notes

0

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

34.

Gross paid in and contributed surplus

5,898,750

5,898,750

35.

Unassigned funds (surplus)

4,390,453

8,648,981

36. Less treasury stock, at cost:

36.1

shares common (value included in Line 30

$

)

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

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

36.2

shares preferred (value included in Line 31

$

)

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

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

37.

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

12,790,453

17,048,981

38.

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

69,759,605

66,380,193

DETAILS OF WRITE-INS

2501

2502

2503

2598.

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

0

0

2599.

Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)

0

0

2901

2902

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

2903

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

2998.

..............................................................................................Summary of remaining write-ins for Line 29 from overflow page

.................................0

.................................0

2999.

Totals (Lines 2901 thru 2903 plus 2998)(Line 29 above)

0

0

3201.

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

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

3202

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

3203

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

3298.

Summary of remaining write-ins for Line 32 from overflow page

.................................0

.................................0

3299.

Totals (Lines 3201 thru 3203 plus 3298)(Line 32 above)

0

0

3

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

STATEMENT OF INCOME

1

2

Current Year

Prior Year

UNDERWRITING INCOME

1.

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

................. 20,376,752

................. 21,150,478

DEDUCTIONS:

2.

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

................. 15,373,468

................. 12,814,913

3.

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

................... 2,399,605

................... 2,359,659

4.

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

................... 6,152,769

................... 6,064,175

5.

Aggregate write-ins for underwriting deductions

.................................0

.................................0

6.

Total underwriting deductions (Lines 2 through 5)

23,925,842

21,238,747

7.

Net income of protected cells

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

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

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

8.

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

................. (3,549,090)

...................... (88,269)

INVESTMENT INCOME

9.

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

...................... 821,120

...................... 646,682

10.

Net realized capital gains (losses) less capital gains tax of $

(21,212) (Exhibit of Capital

Gains (Losses) )

(79,340)

(8,553)

11.

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

.......................741,780

...................... 638,129

OTHER INCOME

12.

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

$

amount charged off $

37,590

)

.......................(37,590)

.......................(17,268)

13.

Finance and service charges not included in premiums

........................ 48,099

........................ 75,330

14.

Aggregate write-ins for miscellaneous income

0

0

15.

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

10,509

58,062

16.

Net income before dividends...................................................................................................................................................................to policyholders, after capital gains tax and before all other federal and foreign income taxes

................. (2,796,801)

...................... 607,922

(Lines 8 + 11 + 15)

17.

Dividends to policyholders

159,078

124,953

18.

Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes

................. (2,955,879)

...................... 482,969

(Line 16 minus Line 17)

19.

Federal and foreign income taxes incurred

(518,374)

13,764

20.

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

(2,437,505)

469,205

CAPITAL AND SURPLUS ACCOUNT

21.

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

................. 17,048,981

................. 18,529,579

22.

Net income (from Line 20)

................. (2,437,505)

...................... 469,205

23.

Net transfers (to) from Protected Cell accounts

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

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

24.

Change in net unrealized capital gains or (losses) less capital gains tax of $

1,003

.......................... 3,774

........................ (3,775)

25.

Change in net unrealized foreign exchange capital gain (loss)

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

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

26.

Change in net deferred income tax

........................ 92,961

...................... (88,419)

27.

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

.......................(35,861)

............................. 135

28.

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

.....................(177,000)

........................ 43,510

29.

Change in surplus notes

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

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

30.

Surplus (contributed to) withdrawn from protected cells

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

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

31.

Cumulative effect of changes in accounting principles

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

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

32.

Capital changes:

32.1 Paid in

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

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

32.2 Transferred from surplus (Stock Dividend)

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

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

32.3 Transferred to surplus

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

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

33.

Surplus adjustments:

33.1 Paid in

.................................0

.................................0

33.2 Transferred to capital (Stock Dividend)

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

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

33.3 Transferred from capital

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

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

34.

Net remittances from or (to) Home Office

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

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

35.

Dividends to stockholders

................. (1,704,898)

................. (1,901,254)

36.

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

.................................0

.................................0

37.

Aggregate write-ins for gains and losses in surplus

0

0

38.

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

(4,258,529)

(1,480,598)

39.

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

12,790,453

17,048,981

DETAILS OF WRITE-INS

0501

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

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

0502

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

0503

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

0598.

Summary of remaining write-ins for Line 5 from overflow page

.................................0

.................................0

0599.

Totals (Lines 0501 thru 0503 plus 0598)(Line 5 above)

0

0

1401

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

1402

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

1403

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

1498.

Summary of remaining write-ins for Line 14 from overflow page

.................................0

.................................0

1499.

Totals (Lines 1401 thru 1403 plus 1498)(Line 14 above)

0

0

3701

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

3702

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

3703

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

3798.

Summary of remaining write-ins for Line 37 from overflow page

.................................0

.................................0

3799.

Totals (Lines 3701 thru 3703 plus 3798)(Line 37 above)

0

0

4

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

CASH FLOW

1

2

Current Year

Prior Year

Cash from Operations

1.

Premiums collected net of reinsurance

................. 19,283,029

................. 21,790,855

2.

Net investment income

.......................823,617

...................... 697,952

3.

Miscellaneous income

10,509

58,062

4.

Total (Lines 1 through 3)

20,117,155

22,546,869

5.

Benefit and loss related payments

................. 10,044,262

................. 16,212,033

6.

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

.................................0

.................................0

7.

Commissions, expenses paid and aggregate write-ins for deductions

................... 5,934,490

................... 6,008,362

8.

Dividends paid to policyholders

.......................147,639

...................... 124,953

9.

Federal and foreign income taxes paid (recovered) net of $

tax on capital gains (losses)

(249,328)

739,745

10.

Total (Lines 5 through 9)

15,877,063

23,085,093

11.

Net cash from operations (Line 4 minus Line 10)

4,240,092

(538,224)

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1

Bonds

................... 3,287,767

4,859,895

12.2

Stocks

.................................0

0

12.3

Mortgage loans

.................................0

0

12.4

Real estate

.................................0

0

12.5

Other invested assets

.................................0

0

12.6

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

.................................0

0

12.7

Miscellaneous proceeds

200,000

0

12.8 Total investment proceeds (Lines 12.1 to 12.7)

................... 3,487,767

4,859,895

13. Cost of investments acquired (long-term only):

13.1

Bonds

................... 5,375,741

4,531,533

13.2

Stocks

.................................0

0

13.3

Mortgage loans

.................................0

0

13.4

Real estate

.................................0

0

13.5

Other invested assets

.................................0

0

13.6

Miscellaneous applications

0

230,000

13.7

Total investments acquired (Lines 13.1 to 13.6)

5,375,741

4,761,533

14.

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

0

0

15.

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

(1,887,974)

98,362

Cash from Financing and Miscellaneous Sources

16. Cash provided (applied):

16.1 Surplus notes, capital notes

0

0

16.2

Capital and paid in surplus, less treasury stock

0

0

16.3

Borrowed funds

0

0

16.4

Net deposits on deposit-type contracts and other insurance liabilities

0

0

16.5 Dividends to stockholders

1,704,898

197,608

16.6 Other cash provided (applied)

(3,055,999)

2,365,134

17.

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

(4,760,897)

2,167,526

RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

18.

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

(2,408,779)

1,727,664

19.

Cash, cash equivalents and short-term investments:

19.1

Beginning of year

................... 3,475,690

................... 1,748,026

19.2 End of period (Line 18 plus Line 19.1)

1,066,912

3,475,690

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

20.0001. Dividends to stockholders settled with securities

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

................... 1,703,646

5

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1 - PREMIUMS EARNED

1

2

3

4

Net Premiums

Unearned Premiums

Unearned Premiums

Premiums Earned

Dec. 31 Prior Year -

Dec. 31 Current

Written per

per Col. 3,

Year - per Col. 5

During Year

Line of Business

Column 6, Part 1B

Last Year's Part 1

Part 1A

(Cols. 1 + 2 - 3)

1.

Fire

.................................0

.................................0

.................................0

.................................0

2.1

Allied lines

.................................0

.................................0

.................................0

.................................0

2.2

Multiple peril crop

.................................0

.................................0

.................................0

.................................0

2.3

Federal flood

.................................0

.................................0

.................................0

.................................0

2.4

Private crop

.................................0

.................................0

.................................0

.................................0

2.5

Private flood

.................................0

.................................0

.................................0

.................................0

3.

Farmowners multiple peril

.................................0

.................................0

.................................0

.................................0

4.

Homeowners multiple peril

.................................0

.................................0

.................................0

.................................0

5.1

Commercial multiple peril (non-liability portion)

.................................0

.................................0

.................................0

.................................0

5.2

Commercial multiple peril (liability portion)

.................................0

.................................0

.................................0

.................................0

6.

Mortgage guaranty

.................................0

.................................0

.................................0

.................................0

8.

Ocean marine

.................................0

.................................0

.................................0

.................................0

9.

Inland marine

.................................0

.................................0

.................................0

.................................0

10.

Financial guaranty

.................................0

.................................0

.................................0

.................................0

11.1

Medical professional liability - occurrence

.................................0

.................................0

.................................0

.................................0

11.2

Medical professional liability - claims-made

.................................0

.................................0

.................................0

.................................0

12.

Earthquake

.................................0

.................................0

.................................0

.................................0

13.1

Comprehensive (hospital and medical) individual

.................................0

.................................0

.................................0

.................................0

13.2

Comprehensive (hospital and medical) group

.................................0

.................................0

.................................0

.................................0

14.

Credit accident and health (group and individual)

.................................0

.................................0

.................................0

.................................0

15.1

Vision only

.................................0

.................................0

.................................0

.................................0

15.2

Dental only

.................................0

.................................0

.................................0

.................................0

15.3

Disability income

.................................0

.................................0

.................................0

.................................0

15.4

Medicare supplement

.................................0

.................................0

.................................0

.................................0

15.5

Medicaid Title XIX

.................................0

.................................0

.................................0

.................................0

15.6

Medicare Title XVIII

.................................0

.................................0

.................................0

.................................0

15.7

Long-term care

.................................0

.................................0

.................................0

.................................0

15.8

Federal employees health benefits plan

.................................0

.................................0

.................................0

.................................0

15.9

Other health

.................................0

.................................0

.................................0

.................................0

16.

Workers' compensation

................. 20,393,972

................... 9,567,066

................... 9,584,286

................. 20,376,752

17.1

Other liability - occurrence

.................................0

.................................0

.................................0

.................................0

17.2

Other liability - claims-made

.................................0

.................................0

.................................0

.................................0

17.3

Excess workers' compensation

.................................0

.................................0

.................................0

.................................0

18.1

Products liability - occurrence

.................................0

.................................0

.................................0

.................................0

18.2

Products liability - claims-made

.................................0

.................................0

.................................0

.................................0

19.1

Private passenger auto no-fault (personal injury protection)

.................................0

.................................0

.................................0

.................................0

19.2

Other private passenger auto liability

.................................0

.................................0

.................................0

.................................0

19.3

Commercial auto no-fault (personal injury protection)

.................................0

.................................0

.................................0

.................................0

19.4

Other commercial auto liability

.................................0

.................................0

.................................0

.................................0

21.1

Private passenger auto physical damage

.................................0

.................................0

.................................0

.................................0

21.2

Commercial auto physical damage

.................................0

.................................0

.................................0

.................................0

22.

Aircraft (all perils)

.................................0

.................................0

.................................0

.................................0

23.

Fidelity

.................................0

.................................0

.................................0

.................................0

24.

Surety

.................................0

.................................0

.................................0

.................................0

26.

Burglary and theft

.................................0

.................................0

.................................0

.................................0

27.

Boiler and machinery

.................................0

.................................0

.................................0

.................................0

28.

Credit

.................................0

.................................0

.................................0

.................................0

29.

International

.................................0

.................................0

.................................0

.................................0

30.

Warranty

.................................0

.................................0

.................................0

.................................0

31.

Reinsurance - nonproportional assumed property

.................................0

.................................0

.................................0

.................................0

32.

Reinsurance - nonproportional assumed liability

.................................0

.................................0

.................................0

.................................0

33.

Reinsurance - nonproportional assumed financial lines

.................................0

.................................0

.................................0

.................................0

34.

Aggregate write-ins for other lines of business

0

0

0

0

35.

TOTALS

20,393,972

9,567,066

9,584,286

20,376,752

DETAILS OF WRITE-INS

3401

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

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

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

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

3402

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

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

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

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

3403

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

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

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

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

3498.

Summary of remaining write-ins for Line 34 from overflow page

.................................0

.................................0

.................................0

.................................0

3499.

Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)

0

0

0

0

6

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1A - RECAPITULATION OF ALL PREMIUMS

1

2

3

4

5

Amount Unearned

Amount Unearned

Reserve for Rate

Credits and

(Running One Year

(Running More Than

Retrospective

Total Reserve for

Line of Business

or Less from Date

One Year from

Earned But Unbilled

Adjustments Based

Unearned Premiums

of Policy) (a)

Date of Policy) (a)

Premium

on Experience

Cols. 1 + 2 + 3 + 4

1.

Fire

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

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

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

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

.................................0

2.1

Allied lines

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

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

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

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

.................................0

2.2

Multiple peril crop

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

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

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

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

.................................0

2.3

Federal flood

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

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

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

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

.................................0

2.4

Private crop

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

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

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

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

.................................0

2.5

Private flood

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

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

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

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

.................................0

3.

Farmowners multiple peril

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

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

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

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

.................................0

4.

Homeowners multiple peril

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

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

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

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

.................................0

5.1

Commercial multiple peril (non-liability portion)

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

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

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

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

.................................0

5.2

Commercial multiple peril (liability portion)

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

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

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

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

.................................0

6.

Mortgage guaranty

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

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

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

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

.................................0

8.

Ocean marine

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

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

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

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

.................................0

9.

Inland marine

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

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

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

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

.................................0

10.

Financial guaranty

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

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

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

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

.................................0

11.1

Medical professional liability - occurrence

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

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

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

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

.................................0

11.2

Medical professional liability - claims-made

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

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

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

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

0

12.

Earthquake

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

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

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

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

0

13.1

Comprehensive (hospital and medical) individual ...

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

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

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

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

0

13.2

Comprehensive (hospital and medical) group

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

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

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

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

0

14.

Credit accident and health (group and individual) ...

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

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

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

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

0

15.1

Vision only

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

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

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

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

0

15.2

Dental only

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

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

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

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

0

15.3

Disability income

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

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

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

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

0

15.4

Medicare supplement

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

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

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

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

0

15.5

Medicaid Title XIX

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

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

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

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

0

15.6

Medicare Title XVIII

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

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

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

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

0

15.7

Long-term care

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

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

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

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

0

15.8

Federal employees health benefits plan

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

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

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

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

0

15.9

Other health

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

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

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

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

0

16.

Workers' compensation

8,832,486

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

(714,870)

1,466,670

9,584,286

17.1

Other liability - occurrence

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

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

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

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

0

17.2

Other liability - claims-made

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

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

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

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

0

17.3

Excess workers' compensation

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

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

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

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

0

18.1

Products liability - occurrence

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

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

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

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

0

18.2

Products liability - claims-made

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

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

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

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

0

19.1

Private passenger auto no-fault (personal injury

0

protection)

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

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

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

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

19.2

Other private passenger auto liability

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

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

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

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

0

19.3

Commercial auto no-fault (personal injury

0

protection)

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

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

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

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

19.4

Other commercial auto liability

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

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

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

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

0

21.1

Private passenger auto physical damage

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

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

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

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

0

21.2

Commercial auto physical damage

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

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

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

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

0

22.

Aircraft (all perils)

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

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

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

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

0

23.

Fidelity

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

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

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

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

0

24.

Surety

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

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

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

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

0

26.

Burglary and theft

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

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

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

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

0

27.

Boiler and machinery

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

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

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

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

0

28.

Credit

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

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

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

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

0

29.

International

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

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

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

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

0

30.

Warranty

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

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

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

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

0

31.

Reinsurance - nonproportional assumed property ..

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

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

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

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

0

32.

Reinsurance - nonproportional assumed liability

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

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

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

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

0

33. Reinsurance - nonproportional assumed financial

lines

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

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

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

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

0

34.

Aggregate write-ins for other lines of business

0

0

0

0

0

35.

TOTALS

8,832,486

0

(714,870)

1,466,670

9,584,286

36.

Accrued retrospective premiums based on experience

(1,466,670)

37.

Earned but unbilled premiums

714,870

38.

Balance (Sum of Line 35 through 37)

8,832,486

DETAILS OF WRITE-INS

3401

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

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

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

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

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

3402

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

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

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

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

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

3403

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

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

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

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

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

3498.

Summary of remaining write-ins for Line 34 from

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

0

.................................0

.................................0

.................................0

.................................0

overflow page

3499.

Totals (Lines 3401 thru 3403 plus 3498)(Line 34

0

0

0

0

0

above)

(a) State here basis of computation used in each case

Daily Pro-Ratamethodology

7

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1B - PREMIUMS WRITTEN

1

Reinsurance Assumed

Reinsurance Ceded

6

2

3

4

5

Net Premiums

Line of Business

Direct Business (a)

Written

From Affiliates

From Non-Affiliates

To Affiliates

To Non-Affiliates

Cols. 1+2+3-4-5

1.

Fire

............................. 0

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

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

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

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

............................. 0

2.1

Allied lines

............................. 0

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

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

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

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

............................. 0

2.2

Multiple peril crop

............................. 0

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

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

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

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

............................. 0

2.3

Federal flood

............................. 0

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

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

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

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

............................. 0

2.4

Private crop

............................. 0

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

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

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

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

............................. 0

2.5

Private flood

............................. 0

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

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

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

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

............................. 0

3.

Farmowners multiple peril

............................. 0

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

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

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

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

............................. 0

4.

Homeowners multiple peril

............................. 0

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

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

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

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

............................. 0

5.1

Commercial multiple peril (non-liability

............................. 0

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

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

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

............................. 0

portion)

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

5.2

Commercial multiple peril (liability portion)

............................. 0

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

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

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

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

............................. 0

6.

Mortgage guaranty

............................. 0

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

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

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

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

............................. 0

8.

Ocean marine

............................. 0

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

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

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

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

............................. 0

9.

Inland marine

............................. 0

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

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

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

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

............................. 0

10.

Financial guaranty

............................. 0

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

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

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

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

............................. 0

11.1

Medical professional liability - occurrence .

............................. 0

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

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

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

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

............................. 0

11.2

Medical professional liability - claims-

............................. 0

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

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

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

............................. 0

made

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

12.

Earthquake

............................. 0

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

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

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

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

............................. 0

13.1

Comprehensive (hospital and medical)

0

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

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

............................. 0

individual

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

13.2

Comprehensive (hospital and medical)

0

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

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

............................. 0

group

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

14. Credit accident and health (group and

individual)

............................. 0

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

............................... ............................... ............................... ............................. 0

15.1

Vision only

............................. 0

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

............................... ............................... ............................... ............................. 0

15.2

Dental only

............................. 0

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

............................... ............................... ............................... ............................. 0

15.3

Disability income

............................. 0

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

............................... ............................... ............................... ............................. 0

15.4

Medicare supplement

............................. 0

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

............................... ............................... ............................... ............................. 0

15.5

Medicaid Title XIX

............................. 0

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

............................... ............................... ............................... ............................. 0

15.6

Medicare Title XVIII

............................. 0

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

............................... ............................... ............................... ............................. 0

15.7

Long-term care

............................. 0

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

............................... ............................... ............................... ............................. 0

15.8

Federal employees health benefits plan ...

............................. 0

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

............................... ............................... ............................... ............................. 0

15.9

Other health

............................. 0

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

............................... ............................... ............................... ............................. 0

16.

Workers' compensation

..............36,380,368

..............30,989,264

...................359,344

..............45,461,497

............... 1,873,507

..............20,393,972

17.1

Other liability - occurrence

.................... 36,508

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

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

.................... 36,508

............................. 0

17.2

Other liability - claims-made

............................. 0

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

............................... ............................... ............................... ............................. 0

17.3

Excess workers' compensation

............................. 0

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

............................... ............................... ............................... ............................. 0

18.1

Products liability - occurrence

............................. 0

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

............................... ............................... ............................... ............................. 0

18.2

Products liability - claims-made

............................. 0

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

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

............................. 0

19.1

Private passenger auto no-fault (personal

............................. 0

............................... ............................... ............................... ............................. 0

injury protection)

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

19.2

Other private passenger auto liability

............................. 0

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

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

............................. 0

19.3

Commercial auto no-fault (personal injury

............................. 0

............................... ............................... ............................... ............................. 0

protection)

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

19.4

Other commercial auto liability

............................. 0

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

............................... ............................... ............................... ............................. 0

21.1

Private passenger auto physical damage .

............................. 0

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

............................... ............................... ............................... ............................. 0

21.2

Commercial auto physical damage

............................. 0

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

............................... ............................... ............................... ............................. 0

22.

Aircraft (all perils)

............................. 0

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

............................... ............................... ............................... ............................. 0

23.

Fidelity

............................. 0

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

............................... ............................... ............................... ............................. 0

24.

Surety

............................. 0

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

............................... ............................... ............................... ............................. 0

26.

Burglary and theft

............................. 0

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

............................... ............................... ............................... ............................. 0

27.

Boiler and machinery

............................. 0

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

............................... ............................... ............................... ............................. 0

28.

Credit

............................. 0

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

............................... ............................... ............................... ............................. 0

29.

International

............................. 0

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

............................... ............................... ............................... ............................. 0

30.

Warranty

............................. 0

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

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

............................. 0

31. Reinsurance - nonproportional assumed

property

XXX

............................... ............................... ............................... ............................. 0

32. Reinsurance - nonproportional assumed

liability

XXX

............................... ............................... ............................... ............................. 0

33. Reinsurance - nonproportional assumed

financial lines

XXX

............................... ............................... ............................... ............................. 0

34. Aggregate write-ins for other lines of

business

0

0

0

0

0

0

35.

TOTALS

36,416,876

30,989,264

359,344

45,461,497

1,910,015

20,393,972

DETAILS OF WRITE-INS

3401

3402

3403

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

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

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

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

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

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

3498.

Summary of remaining write-ins for Line

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

0

............................. 0

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

0

............................. 0

............................. 0

............................. 0

.............................34 from overflow page

3499.

Totals (Lines 3401 thru 3403 plus

0

0

0

0

0

0

3498)(Line 34 above)

(a) Does the company's direct premiums written include premiums recorded on an installment basis?

Yes [ ]

No [ X ]

If yes: 1. The amount of such installment premiums $

2. Amount at which such installment premiums would have been reported had they been reported on an annualized basis $

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

8

9

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ADVANTAGE ASSURANCE COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2 - LOSSES PAID AND INCURRED

Losses Paid Less Salvage

5

6

7

8

1

2

3

4

Percentage of

Net Losses Unpaid

Losses Incurred

Losses Incurred

Net Losses Unpaid

(Col. 7, Part 2) to

Line of Business

Reinsurance

Reinsurance

Net Payments

Current Year

Current Year

Premiums Earned

Direct Business

Assumed

Recovered

(Cols. 1 + 2 -3 )

(Part 2A , Col. 8)

Prior Year

(Cols. 4 + 5 - 6)

(Col. 4, Part 1)

1.

Fire

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

2.1

Allied lines

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

2.2

Multiple peril crop

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

2.3

Federal flood

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

2.4

Private crop

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

2.5

Private flood

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

3.

Farmowners multiple peril

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

4.

Homeowners multiple peril

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

5.1

Commercial multiple peril (non-liability portion)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

5.2

Commercial multiple peril (liability portion)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

6.

Mortgage guaranty

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

8.

Ocean marine

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

9.

Inland marine

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

10.

Financial guaranty

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

11.1

Medical professional liability - occurrence

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

11.2

Medical professional liability - claims-made

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

12.

Earthquake

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

13.1

Comprehensive (hospital and medical) individual

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

13.2

Comprehensive (hospital and medical) group

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

14.

Credit accident and health (group and individual)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.1

Vision only

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.2

Dental only

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.3

Disability income

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.4

Medicare supplement

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.5

Medicaid Title XIX

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.6

Medicare Title XVIII

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.7

Long-term care

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.8

Federal employees health benefits plan

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

15.9

Other health

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

16.

Workers' compensation

..................... 29,180,706

18,610,473

..................... 34,035,334

..................... 13,755,845

..................... 16,398,297

..................... 14,780,674

..................... 15,373,468

............................. 75.4

17.1

Other liability - occurrence

0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

17.2

Other liability - claims-made

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

17.3

Excess workers' compensation

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

18.1

Products liability - occurrence

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

18.2

Products liability - claims-made

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

19.1

Private passenger auto no-fault (personal injury protection)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

19.2

Other private passenger auto liability

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

19.3

Commercial auto no-fault (personal injury protection)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

19.4

Other commercial auto liability

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

21.1

Private passenger auto physical damage

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

21.2

Commercial auto physical damage

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

22.

Aircraft (all perils)

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

23.

Fidelity

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

24.

Surety

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

26.

Burglary and theft

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

27.

Boiler and machinery

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

28.

Credit

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

29.

International

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

30.

Warranty

..................................0

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

31.

Reinsurance - nonproportional assumed property

............... XXX

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

32.

Reinsurance - nonproportional assumed liability

............... XXX

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

33.

Reinsurance - nonproportional assumed financial lines

............... XXX

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

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

..................................0

..................................0

..................................0

..................................0

...............................0.0

34.

Aggregate write-ins for other lines of business

0

0

0

0

0

0

0

0.0

35.

TOTALS

29,180,706

18,610,473

34,035,334

13,755,845

16,398,297

14,780,674

15,373,468

75.4

DETAILS OF WRITE-INS

3401

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

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

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

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

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

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

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

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

3402

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

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

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

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

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

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

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

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

3403

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

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

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

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

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

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

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

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

3498.

.....................................................................Summary of remaining write-ins for Line 34 from overflow page

..................................0

..................................0

..................................0

..................................0

..................................0

..................................0

..................................0

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

3499.

Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)

0

0

0

0

0

0

0

0.0

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

ProAssurance Corporation published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2024 08:38:04 UTC.