ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ALLIANCE INSURANCE 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)

............... 156,065,406

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

............... 156,065,406

174,217,873

2. Stocks (Schedule D):

2.1 Preferred stocks

1,593,031

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

1,593,031

1,693,817

2.2 Common stocks

2,431,986

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

2,431,986

302,960

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 ($

(717,441) , Schedule E - Part 1), cash equivalents

($

21,225,999

, Schedule E - Part 2) and short-term

investments ($

(1) , Schedule DA)

20,508,556

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

20,508,556

12,638,682

6.

Contract loans (including $

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

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

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

0

0

7.

Derivatives (Schedule DB)

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

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

0

0

8.

Other invested assets (Schedule BA)

28,952,836

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

28,952,836

52,072,840

9.

Receivable for securities

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

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

0

1,420,888

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)

209,551,815

0

209,551,815

242,347,060

13.

Title plants less $

charged off (for Title insurers

only)

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

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

0

0

14.

Investment income due and accrued

1,252,474

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

1,252,474

1,144,335

15. Premiums and considerations:

15.1

Uncollected premiums and agents' balances in the course of collection

2,301,398

322,709

1,978,689

1,613,265

15.2

Deferred premiums, agents' balances and installments booked but

deferred and not yet due (including $

................... 4,514,000

earned but unbilled premiums)

69,464,098

451,400

69,012,698

76,628,347

15.3

Accrued retrospective premiums ($

1,567,090 ) and

contracts subject to redetermination ($

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

................... 1,567,090

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

................... 1,567,090

................... 1,461,711

16. Reinsurance:

16.1

Amounts recoverable from reinsurers

19,036,643

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

19,036,643

5,281,124

16.2

Funds held by or deposited with reinsured companies

50,000

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

50,000

50,000

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

2,422,013

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

2,422,013

0

18.2

Net deferred tax asset

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

5,877,080

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

5,877,080

5,303,816

19.

Guaranty funds receivable or on deposit

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

0

0

20.

Electronic data processing equipment and software

4,592,990

................... 4,538,772

54,218

84,008

21.

Furniture and equipment, including health care delivery assets

($

)

419,764

...................... 419,764

0

0

22.

Net adjustment in assets and liabilities due to foreign exchange rates

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

0

0

23.

Receivables from parent, subsidiaries and affiliates

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

0

0

24.

Health care ($

) and other amounts receivable

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

0

0

25.

Aggregate write-ins for other than invested assets

7,621,078

................... 1,852,303

5,768,775

1,414,300

26. Total assets excluding Separate Accounts, Segregated Accounts and

Protected Cell Accounts (Lines 12 to 25)

324,156,443

7,584,948

316,571,495

335,327,966

27.

From Separate Accounts, Segregated Accounts and Protected Cell

0

0

Accounts

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

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

28.

Total (Lines 26 and 27)

324,156,443

7,584,948

316,571,495

335,327,966

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

................... 3,911,033

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

................... 3,911,033

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

2502.

Prepaid expenses

...................... 349,684

...................... 349,684

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

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

2503.

Amounts Receivable under deductible policies

.......................493,474

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

.......................493,474

.......................765,367

2598.

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

................... 2,866,887

................... 1,502,619

................... 1,364,268

.......................648,933

2599.

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

7,621,078

1,852,303

5,768,775

1,414,300

2

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ALLIANCE INSURANCE COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

1

2

Current Year

Prior Year

1.

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

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

................. 94,339,622

................. 84,826,554

2.

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

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

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

3.

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

................. 13,375,681

................. 12,657,222

4.

Commissions payable, contingent commissions and other similar charges

................... 7,838,062

................... 7,609,588

5.

Other expenses (excluding taxes, licenses and fees)

................... 6,111,522

................... 4,974,688

6.

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

................... 4,733,124

................... 3,123,565

7.1

Current federal and foreign income taxes (including $

on realized capital gains (losses))

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

................... 1,670,959

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

$

43,678,392 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)

................. 50,439,308

48,717,784

10. Advance premium

...................... 952,475

675,077

11. Dividends declared and unpaid:

11.1 Stockholders

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

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

11.2 Policyholders

339,874

172,319

12.

Ceded reinsurance premiums payable (net of ceding commissions)

43,355,000

35,669,183

13.

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

7,609,818

7,621,980

14.

Amounts withheld or retained by company for account of others

3,091,231

2,939,386

15.

Remittances and items not allocated

141,565

644,744

16.

Provision for reinsurance (including $

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

867,000

0

17.

Net adjustments in assets and liabilities due to foreign exchange rates

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

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

18.

Drafts outstanding

401,635

244,925

19.

Payable to parent, subsidiaries and affiliates

5,354,268

20,219,780

20.

Derivatives

0

0

21.

Payable for securities

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

860,000

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)

238,950,185

232,627,754

27.

Protected cell liabilities

28.

Total liabilities (Lines 26 and 27)

238,950,185

232,627,754

29.

Aggregate write-ins for special surplus funds

0

0

30.

Common capital stock

4,200,000

4,200,000

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

27,960,920

27,960,920

35.

Unassigned funds (surplus)

45,460,390

70,539,292

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)

77,621,310

102,700,212

38.

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

316,571,495

335,327,966

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 ALLIANCE INSURANCE COMPANY

STATEMENT OF INCOME

1

2

Current Year

Prior Year

UNDERWRITING INCOME

1.

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

............... 116,091,690

................120,683,964

DEDUCTIONS:

2.

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

................. 88,074,708

................. 68,773,699

3.

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

..................13,777,630

................. 12,536,812

4.

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

................. 34,930,802

................. 34,689,004

5.

Aggregate write-ins for underwriting deductions

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

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

6.

Total underwriting deductions (Lines 2 through 5)

136,783,140

115,999,515

7.

Net income of protected cells

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

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

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

8.

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

................(20,691,450)

................... 4,684,449

INVESTMENT INCOME

9.

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

................... 8,003,231

................. 11,025,718

10.

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

129,499 (Exhibit of Capital

Gains (Losses) )

153,392

(314,613)

11.

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

................... 8,156,623

................. 10,711,105

OTHER INCOME

12.

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

$

amount charged off $

371,963

)

.....................(371,963)

.....................(248,515)

13.

Finance and service charges not included in premiums

.......................284,237

...................... 424,599

14.

Aggregate write-ins for miscellaneous income

0

0

15.

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

(87,726)

176,084

16.

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

................(12,622,553)

................. 15,571,638

(Lines 8 + 11 + 15)

17.

Dividends to policyholders

905,519

711,272

18.

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

................(13,528,072)

................. 14,860,366

(Line 16 minus Line 17)

19.

Federal and foreign income taxes incurred

(2,487,135)

2,453,677

20.

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

(11,040,937)

12,406,689

CAPITAL AND SURPLUS ACCOUNT

21.

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

................102,700,212

................110,186,535

22.

Net income (from Line 20)

................(11,040,937)

................. 12,406,689

23.

Net transfers (to) from Protected Cell accounts

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

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

24.

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

(97,288)

.....................(365,986)

................. (4,739,239)

25.

Change in net unrealized foreign exchange capital gain (loss)

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

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

26.

Change in net deferred income tax

.......................475,977

.....................(651,786)

27.

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

.....................(874,267)

.....................(585,218)

28.

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

.....................(867,000)

.......................247,675

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

................(12,406,689)

................(14,164,444)

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)

(25,078,902)

(7,486,323)

39.

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

77,621,310

102,700,212

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.

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

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

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 ALLIANCE INSURANCE COMPANY

CASH FLOW

1

2

Current Year

Prior Year

Cash from Operations

1.

Premiums collected net of reinsurance

................132,729,132

................126,387,463

2.

Net investment income

................... 8,225,789

................. 11,881,568

3.

Miscellaneous income

(87,726)

176,084

4.

Total (Lines 1 through 3)

140,867,195

138,445,115

5.

Benefit and loss related payments

................108,791,390

................. 88,388,420

6.

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

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

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

7.

Commissions, expenses paid and aggregate write-ins for deductions

................. 28,540,875

................. 32,833,653

8.

Dividends paid to policyholders

.......................737,964

...................... 648,415

9.

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

tax on capital gains (losses)

1,735,335

(604,685)

10.

Total (Lines 5 through 9)

139,805,564

121,265,803

11.

Net cash from operations (Line 4 minus Line 10)

1,061,631

17,179,312

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1

Bonds

................. 43,051,488

56,728,652

12.2

Stocks

.......................161,307

905,322

12.3

Mortgage loans

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

0

12.4

Real estate

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

0

12.5

Other invested assets

................. 29,532,317

10,120,792

12.6

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

........................ 54,721

55,977

12.7

Miscellaneous proceeds

1,420,888

1,553,068

12.8 Total investment proceeds (Lines 12.1 to 12.7)

................. 74,220,721

69,363,811

13.

Cost of investments acquired (long-term only):

13.1

Bonds

................. 26,567,887

58,705,174

13.2

Stocks

................... 3,095,124

1,067,169

13.3

Mortgage loans

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

0

13.4

Real estate

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

0

13.5

Other invested assets

................... 7,425,582

12,121,615

13.6

Miscellaneous applications

860,000

0

13.7

Total investments acquired (Lines 13.1 to 13.6)

37,948,593

71,893,958

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)

36,272,128

(2,530,147)

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

9,384,782

3,159,400

16.6 Other cash provided (applied)

(20,079,103)

(12,135,957)

17.

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

(29,463,885)

(15,295,357)

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)

7,869,874

(646,192)

19.

Cash, cash equivalents and short-term investments:

19.1

Beginning of year

................. 12,638,682

................. 13,284,874

19.2 End of period (Line 18 plus Line 19.1)

20,508,556

12,638,682

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

20.0001. Dividends to stockholders settled with securities

................... 3,021,907

................. 11,005,044

5

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ALLIANCE INSURANCE 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

............... 116,256,981

................. 54,553,497

................. 54,718,788

............... 116,091,690

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

116,256,981

54,553,497

54,718,788

116,091,690

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 ALLIANCE INSURANCE 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

50,439,308

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

(4,069,254)

8,348,734

54,718,788

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

50,439,308

0

(4,069,254)

8,348,734

54,718,788

36.

Accrued retrospective premiums based on experience

(8,348,734)

37.

Earned but unbilled premiums

4,069,254

38.

Balance (Sum of Line 35 through 37)

50,439,308

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-Ratamethodolgy

7

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE EASTERN ALLIANCE INSURANCE 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

............103,392,469

............134,986,488

............... 2,213,706

113,671,104

..............10,664,578

............116,256,981

17.1

Other liability - occurrence

...................180,806

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

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

...................180,806

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

103,573,275

134,986,488

2,213,706

113,671,104

10,845,384

116,256,981

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 ALLIANCE INSURANCE 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

..................... 62,932,624

124,463,588

....................108,834,572

..................... 78,561,640

..................... 94,339,622

..................... 84,826,554

..................... 88,074,708

............................. 75.9

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

62,932,624

124,463,588

108,834,572

78,561,640

94,339,622

84,826,554

88,074,708

75.9

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 08:38:05 UTC.