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United Security Assurance
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OPERATING HIGHLIGHTS
STATUTORY PRESENTATION
Year Ended December 31
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2010
(Unaudited)
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2009
(Audited)
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Gross Premiums Written
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28,678,724
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22,111,560
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Investment Income
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5,170,541
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3,354,363
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Benefits, Expenses & Taxes
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32,981,851
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24,242,937
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Net Income
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1,002,485
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1,078,234
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Condensed Balance Sheet
as of December 31
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2010
(Unaudited)
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2009
(Audited)
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Cash & Investments
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110,354,516
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101,944,785
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Other Assets
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5,005,591
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4,413,118
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Total Assets
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115,360,107
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106,357,903
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Benefit Reserves
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93,864,388
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83,492,139
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Other Liabilities
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2,242,099
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2,420,702
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Total Liabilities
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96,106,487
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85,912,841
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Surplus
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19,253,616
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20,445,059
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Total Liabilities & Surplus
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115,360,107
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106,357,903
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