238-25 Exhibit B.pdf

WESTERN SURETY COMPANY Sioux Falls, South Dakota Statement of Net Admitted Assets and Liabilities December 31, 2024 ASSETS Bonds $3 1,977,426,497 ! Stocks 14,281,828 : Cash, cash equivalents, and short-term investments 53,103,010 i Investment income duo and acorued 17,819,818 ! Premiums and considerations 84,144,805 : Amounts recoverable from reinsurers (4,320,189) : Net deferred tax asset 18,694,198 i Receivable from parent, subsidiaries, and affiliates 11,631,758 H Other assets 580,232 f Total Assets $2,175,361,957 ; f : LIABILITIES AND SURPLUS Losses . $ 264,641,145 : ~ » Loss adjustment.oxpense. 56,935,932... __ Commissions payable, contingent commissions amt-other'similar charger 133946448 Faxes; Heense and fees fexciuding federal and foreign income taxes) 4,432,923 Federal and-foreign-income-taxes payable FI45A02. ' Unearned premiums 339,078,542 | Advance premiums 6,415,557 Ceded reinsurance premiums payable (net of ceding commissions) 2,586,994 Amounts withheld or retained by company for account of others 3,710,405 Provision for reinsurance 387,964 Payable to parent, subsidiaries and affiliates 5,975 Other liabilities 31,970 Total Liabilitios 692,885,057 Surplus Account: Common stock $ 4,000,000 Gross paid in and contributed surplus 286,896,195 Unassigned funds 1,191,580,505 Surplus as regards policyholders — __$__1,482.476,700 Total Liabilities and Capital $__2,175,361,957 WESTERN SURETY COMPANY py__(pulis, Se, Vice Fighident, Accounting Policy & Exteinal Reporting a ea Subscribed and sworn to me this ___13th day of March » 2025. My commission expires: — : : DA JIMENEZ & By eg i OFFICIAL SEAL Notary Publio } bliss Slate OF Minois Qi My Commission Expires f Septombor 24, 2026