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Financial Strength

 

 

Growth & Reserves
United Security Assurance, Inc.
(Parent Company)

A.M. Best Rating
United Security Assurance Company of Pennsylvania and Colonial American Life Insurance Company both have Financial Strength Ratings of B+ (Good) with a Stable Outlook.
For the latest ratings access visit www.ambest.com.

OPERATING HIGHLIGHTS
CONSOLIDATED PRESENTATION


(GAAP Basis)

Year Ended December 31

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*A.M. Best Company is a leading independent insurance company rating organization. Ratings are current as of October 2008. 

 

2007

2006

Gross Premiums Earned

$16,873,339

$16,135,139

Investment Income

$2,706,264

$2,426,347

Benefits, Expenses & Taxes

$16,500,362

$14,527,327

Net Income

$3,079,241

$4,034,159

Condensed Balance Sheet
 as of December 31

 

2007

2006

Cash & Investments

$55,671,457

$52,066,532

Deferred Policy Acquisition Costs

9,243,928

8,828,466

Other Assets

4,437,061

2,157,922

Total Assets

$69,352,446

$63,052,920

Benefit Reserves

$37,485,418

$34,890,759

Other Liabilities

20,036,446

3,459,857

Total Liabilities

$57,521,864

$38,350,616

Shareholders’ Equity

$11,830,582

$24,702,304

Total Liabilities and Shareholders’ Equity

$69,352,446

$63,052,920

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