2009 Annual Report 2009 Annual Report : Page 23
2009 FinAnciAl rEsults Consolidated statutory-Basis statements of operations and Changes in surplus • unaudited ($000) as of deCeMber 31, 2009 STaTeMenT oF operaTionS: net Premiums written Premiums earned losses incurred & alae Claims expenses Commissions other expenses total underwriting expenses net underwriting Gain (loss) net investment income realized investment gains other income and expenses income (loss) before taxes income taxes net income STaTeMenT oF SurpluS: surplus, January 1 Change in surplus: Capital stock additional Paid in Capital net income net unrealized gain from investments Change in non-admitted assets Change in net deferred tax asset dividends to stockholders other statutory Changes Change in surplus Surplus, december 31 $ 815,500 803,703 463,753 23,240 158,652 141,647 787,292 16,411 58,166 23,792 (473) 97,896 8,404 $ 89,492 $ 607,491 0 0 89,492 14,001 4,653 (13,917) (10,606) 861 84,483 $ 691,974 as of deCeMber 31, 2008 $ 805,023 812,569 459,470 22,985 152,224 134,272 768,951 43,618 51,743 (83,798) 4,000 15,564 460 $ 15,103 $ 619,568 0 34,519 15,103 (71,054) 179 32,379 (11,318) (11,885) (12,076) $ 607,491 the Main street america group 2009 annual repor t 23
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