Insurance Regulatory Filing (12/31/2023)

*13188202320100100*

PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION

ANNUAL STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2023

OF THE CONDITION AND AFFAIRS OF THE

WesteSurety Company

NAIC Group Code

0218

NAIC Company Code

13188

Employer's ID Number

46-0204900

(Current)

(Prior)

Organized under the Laws of

, State of Domicile or Port of Entry

Country of Domicile

United States of America

Incorporated/Organized

07/16/1900

Commenced Business

07/20/1900

Statutory Home Office

101 S. Reid Street

Sioux Falls, SD, US 57103

(Street and Number)

(City or Town, State, Country and Zip Code)

Main Administrative Office

151 N. Franklin Street

(Street and Number)

Chicago, IL, US 60606

312-822-5000

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Mail Address

151 N. Franklin Street

Chicago, IL, US 60606

(Street and Number or P.O. Box)

(City or Town, State, Country and Zip Code)

Primary Location of Books and Records

151 N. Franklin Street

(Street and Number)

Chicago, IL, US 60606

312-822-5000

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Internet Website Address

www.cna.com

Statutory Statement Contact

Anthony M. Recchia

312-822-2201

(Name)

(Area Code) (Telephone Number)

[email protected]

312-260-4376

(E-mail Address)

(FAX Number)

OFFICERS

Chairman of the Board,
Chief Executive Officer &		Executive Vice President &
President	Dino Ennio Robusto	General Counsel	Susan Ann Stone
Executive Vice President &
Chief Financial Officer	Scott Robert Lindquist

OTHER

			Amy Caroline Adams,			Elizabeth Ann Aguinaga,	Nick Creatura,
			SVP & Treasurer			EVP & Chief Human Resources Officer	President & Chief Executive Officer, Canada
			Stathy Darcy,			Daniel Paul Franzetti,	Robert Joseph Hopper,
	SVP, Deputy General Counsel & Secretary			EVP & Chief Administrative Officer #		EVP & Chief Actuary
			Mark Steven James,			Jane Elizabeth Possell,	Jalil Ur Rehman,
		EVP, Chief Risk & Reinsurance Officer		EVP, Chief Information Officer, Analytics, Operations		President & Chief Executive Officer, UK & Europe
			Amy Marie Smith,			Douglas Merle Worman,
			SVP & Chief Accounting Officer			EVP & Global Head of Underwriting
						DIRECTORS OR TRUSTEES
			Robert Joseph Hopper			Scott Robert Lindquist	Dino Ennio Robusto
			Susan Ann Stone			Douglas Merle Worman
State of		Illinois			SS
County of		Cook

The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions therefrom for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: (1) state law may differ; or, (2) that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described officers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic filing) of the enclosed statement. The electronic filing may be requested by various regulators in lieu of or in addition to the enclosed statement.


	DINO ENNIO ROBUSTO		STATHY DARCY		SCOTT ROBERT LINDQUIST
Chairman of the Board, Chief Executive Officer &	Senior Vice President, Deputy General Counsel &	Executive Vice President & Chief Financial Officer
		President		Secretary
						a. Is this an original filing?	...................... Yes [ X ] No [ ]
Subscribed and swoto before me this			b. If no,
14th		day of		February, 2024		1. State the amendment number
					2.	Date filed
					3.	Number of pages attached

Yolanda Jimenez

September 24, 2025

*Mr. Costonis is no longer reflected as his role changed effective December 1, 2023

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY 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)	............ 1,935,600,431	.................................0	............ 1,935,600,431	............ 1,963,735,416

2. Stocks (Schedule D):

2.1	Preferred stocks	.................................0	0	.................................0	.................................0
2.2 Common stocks	................. 15,281,696	0	................. 15,281,696	................. 16,356,743
3. Mortgage loans on real estate (Schedule B):
3.1	First liens	.................................0	0	.................................0	.................................0
3.2	Other than first liens	.................................0	0	.................................0	.................................0

4. Real estate (Schedule A):

	4.1 Properties occupied by the company (less $	0
		encumbrances)				0	0	0	0
	4.2 Properties held for	the production of income (less
		$	0	encumbrances)		0	.................................0	.................................0	.................................0
	4.3 Properties held for sale (less $	0

		encumbrances)				.................................0	.................................0	.................................0	.................................0
		1,544,381
5.	Cash ($	, Schedule E - Part 1), cash equivalents
	($	................. 34,790,972 , Schedule E - Part 2) and short-term
	investments ($	0 , Schedule DA)		36,335,353	0	36,335,353	842,484
6.	Contract loans (including $	0	premium notes)		0	0	0	0
7.	Derivatives (Schedule DB)			0	0	0	0
8.	Other invested assets (Schedule BA)		0	0	0	0
9.	Receivable for securities			14,770,000	0	14,770,000	50,000
10.	Securities lending reinvested collateral assets (Schedule DL)		0	0	0	0
11.	Aggregate write-ins for invested assets		0	0	0	0
12.	Subtotals, cash and invested assets (Lines 1 to 11)		2,001,987,480	0	2,001,987,480	1,980,984,643
13.	Title plants less $	0 charged off (for Title insurers
	..............................................................................................................only)				.................................0	.................................0	.................................0	.................................0
14.	.............................................................Investment income due and accrued		................. 18,185,645	.................................0	................. 18,185,645	................. 18,288,449
15.	Premiums and considerations:
	15.1 Uncollected premiums and agents' balances in the course of collection		80,656,010	17,526,166	63,129,845	51,396,408
	15.2 Deferred premiums, agents' balances and installments booked but
		.................deferred and not yet due (including $	10,768,520
		............................................................earned but unbilled premiums)		................... 8,440,574	...................... 842,410	................... 7,598,164	................... 7,263,687
	15.3 Accrued retrospective premiums ($ .................................0 ) and
		contracts subject to redetermination ($	0 )
			.................................0	0	0	0
16.	Reinsurance:
	....................................................16.1 Amounts recoverable from reinsurers		...................4,459,042	.................................0	...................4,459,042	................. 31,089,427
	..........................16.2 Funds held by or deposited with reinsured companies		.................................0	.................................0	.................................0	.................................0
	16.3 Other amounts receivable under reinsurance contracts		0	0	0	0
17.	Amounts receivable relating to uninsured plans		0	0	0	0
18.1	Current federal and foreign income tax recoverable and interest thereon ....		0	0	0	0
18.2	Net deferred tax asset	...................................................................................			................. 18,755,918	...................... 553,645	................. 18,202,272	................. 16,569,622
19.	......................................................Guaranty funds receivable or on deposit		.................................0	.................................0	.................................0	.................................0
20.	.....................................Electronic data processing equipment and software		0	0	0	0
21.	Furniture and equipment, including health care delivery assets
		($	0	)		0	0	0	0
22.	.........Net adjustment in assets and liabilities due to foreign exchange rates		.................................0	.................................0	.................................0	.................................0
23.	.....................................Receivables from parent, subsidiaries and affiliates		................. 12,895,815	.................................0	................. 12,895,815	.................................0
24.	Health care ($	0 ) and other amounts receivable	0	0	0	0
25.	Aggregate write-ins for other than invested assets		160,030	2,288	157,742	1,385

26. Total assets excluding Separate Accounts, Segregated Accounts and

	Protected Cell Accounts (Lines 12 to 25)	2,145,540,514	18,924,509	2,126,616,005	2,105,593,621
27.	From Separate Accounts, Segregated Accounts and Protected Cell
	Accounts	.................................0	.................................0	.................................0	.................................0
28.	Total (Lines 26 and 27)	2,145,540,514	18,924,509	2,126,616,005	2,105,593,621
	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.	Miscellaneous receivable	157,742	0	157,742	1,385
2502.	Prepaid expenses	..........................2,288	..........................2,288	.................................0	.................................0
2503	....................................	....................................	....................................	....................................
2598.	Summary of remaining write-ins for Line 25 from overflow page	.................................0	.................................0	.................................0	.................................0
2599.	Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)	160,030	2,288	157,742	1,385

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

					1	2
					Current Year	Prior Year
1.	Losses (Part 2A, Line 35, Column 8)	........................................................................................................................................		................247,328,673	................191,034,021
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)		................. 56,340,495	................. 52,287,429
4.	.............................................................................Commissions payable, contingent commissions and other similar charges	................. 13,245,319	................. 12,200,032
5.	...............................................................................................................Other expenses (excluding taxes, licenses and fees)		.................................0	.................................0
6.	Taxes, licenses and fees (excluding federal and foreign income taxes)	...................................................................................	................... 5,075,390	................... 3,809,360
7.1	........................Current federal and foreign income taxes (including $	83,216	on realized capital gains (losses))	...................... 829,556	...................6,216,918
7.2	Net deferred tax liability			.................................0	.................................0
8.	Borrowed money $	0 and interest thereon $	.................................	0	.................................0	.................................0

9. Unearned premiums (Part 1A, Line 38, Column 5) (after deducting unearned premiums for ceded reinsurance of

	$	789,583	and including warranty reserves of $	0 and accrued accident and
	.................................	0 for
	health experience rating refunds including $		medical loss ratio rebate per the Public Health
	Service Act)							................316,760,881	................288,685,277
10.	.....................................................................................................................................................................Advance premium							................... 6,183,112	................... 7,968,584
11.	Dividends declared and unpaid:
	......................................................................................................................................................................11.1 Stockholders							.................................0	.................................0
	11.2 Policyholders	.....................................................................................................................................................................						.................................0	.................................0
12.	........................................................................................Ceded reinsurance premiums payable (net of ceding commissions)			................... 4,347,066	................... 6,756,776
13.	Funds held by company under reinsurance treaties (Schedule F, Part 3, Column 20)	.............................................................	.................................0	.......................124,077
14.	Amounts withheld or retained by company for account of others	..............................................................................................			................... 3,094,680	................... 9,359,697
15.	Remittances and items not allocated					........................ (6,171)	........................ 25,535
16.	.................................Provision for reinsurance (including $	0	.........................certified) (Schedule F, Part 3, Column 78)	.......................157,388	...................... 280,005
17.	...................................................................................Net adjustments in assets and liabilities due to foreign exchange rates			.................................0	.................................0
18.	Drafts outstanding	.....................................................................................................................................................................						.................................0	.................................0
19.	............................................................................................................................Payable to parent, subsidiaries and affiliates					..........................9,464	................. 10,262,438
20.	Derivatives							.................................0	.................................0
21.	................................................................................................................................................................Payable for securities						.................................0	.................................0
22.	....................................................................................................................................................Payable for securities lending					.................................0	.................................0
23.	......................................................................................................................Liability for amounts held under uninsured plans					.................................0	.................................0
24.	Capital notes $	.................................0 and interest thereon $	0	.................................0	.................................0
25.	Aggregate write-ins for liabilities					0	0
26.	Total liabilities excluding protected cell liabilities (Lines 1 through 25)			................653,365,853	............... 589,010,150
27.	Protected cell liabilities						0	0
28.	Total liabilities (Lines 26 and 27)					................653,365,853	............... 589,010,150
29.	............................................................................................................................Aggregate write-ins for special surplus funds					.................................0	.................................0
30.	...............................................................................................................................................................Common capital stock						...................4,000,000	...................4,000,000
31.	...............................................................................................................................................................Preferred capital stock						.................................0	.................................0
32.	Aggregate write-ins for other than special surplus funds					.................................0	.................................0
33.	Surplus notes							.................................0	.................................0
34.	.......................................................................................................................................Gross paid in and contributed surplus					............... 286,896,195	............... 286,896,195
35.	Unassigned funds (surplus)	.......................................................................................................................................................					............ 1,182,353,957	............ 1,225,687,276
36.	Less treasury stock, at cost:
	36.1	0 shares common (value included in Line 30	$	0	)	.................................0	.................................0
	36.2	0 shares preferred (value included in Line 31	$	0	)	.................................0	.................................0
37.	Surplus as regards policyholders (Lines 29 to 35, less 36) (Page 4, Line 39)		1,473,250,152	1,516,583,471
38.	TOTALS (Page 2, Line 28, Col. 3)						2,126,616,005	2,105,593,621
	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

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

STATEMENT OF INCOME

			1	2
			Current Year	Prior Year
	UNDERWRITING INCOME
1.	Premiums earned (Part 1, Line 35, Column 4)	449,181,855	414,069,640
	DEDUCTIONS:
2.	Losses incurred (Part 2, Line 35, Column 7)	................112,592,399	................. 53,356,342
3.	Loss adjustment expenses incurred (Part 3, Line 25, Column 1)	................. 17,141,166	................. 16,972,530
4.	Other underwriting expenses incurred (Part 3, Line 25, Column 2)
256,706,025	230,603,603
5.	Aggregate write-ins for underwriting deductions	.................................0	.................................0
6.	Total underwriting deductions (Lines 2 through 5)	386,439,590	300,932,475
7.	Net income of protected cells	0	0
8.	Net underwriting gain (loss) (Line 1 minus Line 6 plus Line 7)	................. 62,742,266	................113,137,165
	INVESTMENT INCOME
9.	............................................................................Net investment income earned (Exhibit of Net Investment Income, Line 17)	................. 79,398,458	................. 76,284,226
10.	Net realized capital gains (losses) less capital gains tax of $	0 (Exhibit of Capital
	Gains (Losses) )	(3,685,896)	(6,863,737)
11.	Net investment gain (loss) (Lines 9 + 10)	75,712,563	69,420,490
	OTHER INCOME

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

	$	0 amount charged off $	1,384,640	)	................. (1,384,640)	................. (1,534,977)
13.	...........................................................................................................Finance and service charges not included in premiums		0	.................................0
14.	Aggregate write-ins for miscellaneous income		137	127
15.	..................................................................................................................................Total other income (Lines 12 through 14)		(1,384,502)	(1,534,851)
16.	Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes
	(Lines 8 + 11 + 15)			137,070,326	181,022,804
17.	Dividends to policyholders	.........................................................................................................................................................		0	0
18.	Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes
	(Line 16 minus Line 17)			137,070,326	181,022,804
19.	Federal and foreign income taxes incurred		29,738,013	37,798,508
20.	.......................................................................................................................Net income (Line 18 minus Line 19)(to Line 22)		107,332,313	143,224,296
		CAPITAL AND SURPLUS ACCOUNT
21.	Surplus as regards policyholders, December 31 prior year (Page 4, Line 39, Column 2)	............ 1,516,583,471	............ 1,527,563,306
22.	Net income (from Line 20)	.........................................................................................................................................................		107,332,313	143,224,296
23.	........................................................................................................................Net transfers (to) from Protected Cell accounts		.................................0	.................................0
24.	Change in net unrealized capital gains or (losses) less capital gains tax of $	524,254	...................1,260,198	................. (2,847,762)
25.	.................................................................................................Change in net unrealized foreign exchange capital gain (loss)		.................................0	.................................0
26.	...........................................................................................................................................Change in net deferred income tax		...................2,240,516	................... 1,909,072
27.	Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 28, Col. 3)
.....................................................................	(2,688,963)	(3,846,996)
28.	................................................................Change in provision for reinsurance (Page 3, Line 16, Column 2 minus Column 1)	...................... 122,617	...................5,981,555
29.	Change in surplus notes			.................................0	.................................0
30.	............................................................................................................Surplus (contributed to) withdrawn from protected cells		.................................0	.................................0
31.	Cumulative effect of changes in accounting principles		.................................0	.................................0
32.	Capital changes:
	32.1 Paid in			.................................0	.................................0
	........................................................................................................................32.2 Transferred from surplus (Stock Dividend)			.................................0	.................................0
	.......................................................................................................................................................32.3 Transferred to surplus		.................................0	.................................0
33.	Surplus adjustments:
	33.1 Paid in
			0	0
	.............................................................................................................................33.2 Transferred to capital (Stock Dividend)		.................................0	.................................0
	....................................................................................................................................................33.3 Transferred from capital		.................................0	.................................0
34.	.................................................................................................................................Net remittances from or (to) Home Office		.................................0	.................................0
35.	.........................................................................................................................................................Dividends to stockholders			..............(151,600,000)	..............(155,400,000)
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)	(43,333,318)	(10,979,835)
39.	Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37)	1,473,250,152	1,516,583,471
	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.	Miscellaneous profit and (loss) items	137	127
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)	137	127
3701		....................................

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

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

CASH FLOW

Cash from Operations

Current Year

Prior Year

1.	Premiums collected net of reinsurance	................456,983,477	................433,141,589
2.	Net investment income	................. 79,241,868	................. 77,221,002
3.	Miscellaneous income	137	127
4.	Total (Lines 1 through 3)	536,225,482	510,362,718
5.	Benefit and loss related payments	................. 29,667,362	................105,066,217
6.	.......................................................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	.................................0	.................................0
7.	Commissions, expenses paid and aggregate write-ins for deductions	................267,469,817	............... 241,554,256
8.	Dividends paid to policyholders	.................................0	.................................0
9.	Federal and foreign income taxes paid (recovered) net of $	(35,747) tax on capital gains (losses)	35,125,374	31,479,956
10.	Total (Lines 5 through 9)	332,262,553	378,100,429
11.	Net cash from operations (Line 4 minus Line 10)	203,962,929	132,262,289

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1	Bonds	166,810,873	248,049,893
12.2	Stocks	363,051	2,457,554
12.3	Mortgage loans	0	0
12.4	Real estate	0	0
12.5	Other invested assets	0	0
12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	(3,667)	........................ (3,931)
12.7	Miscellaneous proceeds	0	54,774
12.8 Total investment proceeds (Lines 12.1 to 12.7)	................167,170,257	............... 250,558,290

13. Cost of investments acquired (long-term only):

	13.1	Bonds	139,594,370	282,988,884
	13.2	Stocks	0	0
	13.3	Mortgage loans	0	0
	13.4	Real estate	0	.................................0
	13.5	Other invested assets	.................................0	.................................0
	13.6	Miscellaneous applications	14,720,000	0
	13.7	Total investments acquired (Lines 13.1 to 13.6)	154,314,370	282,988,884
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)	12,855,887	(32,430,594)
		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	............... 151,600,000	............... 155,400,000
	...........................................................................................................................................16.6 Other cash provided (applied)	(29,725,947)	24,263,898
17.	Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6)	(181,325,947)	(131,136,102)
		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)	35,492,869	(31,304,407)
19.	Cash, cash equivalents and short-term investments:
	...............................................................................................................................................................19.1 Beginning of year	...................... 842,484	................. 32,146,891
	19.2 End of period (Line 18 plus Line 19.1)	36,335,353	842,484

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

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1 - PREMIUMS EARNED

		1	2	3	4
			Unearned Premiums	Unearned Premiums
		Net Premiums	Dec. 31 Prior Year -	Dec. 31 Current	Premiums Earned
		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	.................................0	.................................0	.................................0	.................................0
17.1	Other liability - occurrence	................... 2,843,647	...................4,654,214	................... 5,317,170	...................2,180,692
17.2	Other liability - claims-made	................... 2,070,218	...................... 829,871	.......................796,471	................... 2,103,619
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	24,039,520	15,980,483	15,413,116	24,606,887
24.	Surety	................447,468,656	............... 256,694,845	................284,230,614	................419,932,887
26.	Burglary and theft	.......................383,766	...................... 208,996	...................... 234,991	.......................357,771
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	476,805,807	278,368,410	305,992,361	449,181,855
	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

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1A - RECAPITULATION OF ALL PREMIUMS

		1	2	3	4	5
					Reserve for Rate
		Amount Unearned	Amount Unearned		Credits and
		(Running One Year	(Running More Than		Retrospective	Total Reserve for
		or Less from Date	One Year from	Earned But Unbilled	Adjustments Based	Unearned Premiums
	Line of Business	of Policy) (a)	Date of Policy) (a)	Premium	on Experience	Cols. 1 + 2 + 3 + 4
1.	Fire	.................................0	0	0	0	0
2.1	Allied lines	.................................0	.................................0	.................................0	.................................0	.................................0
2.2	Multiple peril crop	.................................0	0	0	0	0
2.3	Federal flood	.................................0	.................................0	.................................0	.................................0	.................................0
2.4	Private crop	.................................0	.................................0	.................................0	.................................0	.................................0
2.5	Private flood	.................................0	.................................0	.................................0	.................................0	.................................0
3.	Farmowners multiple peril	.................................0	.................................0	.................................0	.................................0	.................................0
4.	Homeowners multiple peril
.................................0	0	0	0	0
5.1	Commercial multiple peril (non-liability portion)	.................................0	.................................0	.................................0	.................................0	.................................0
5.2	Commercial multiple peril (liability portion)	.................................0	.................................0	.................................0	.................................0	.................................0
6.	Mortgage guaranty	.................................0	.................................0	.................................0	.................................0	.................................0
8.	Ocean marine	.................................0	.................................0	.................................0	.................................0	.................................0
9.	Inland marine
.................................0	0	0	0	0
10.	Financial guaranty	.................................0	.................................0	.................................0	.................................0	.................................0
11.1	Medical professional liability - occurrence	.................................0	.................................0	.................................0	.................................0	.................................0
11.2	Medical professional liability - claims-made	.................................0	.................................0	.................................0	.................................0	.................................0
12.	Earthquake	.................................0	.................................0	.................................0	.................................0	.................................0
13.1	Comprehensive (hospital and medical) individual ...
.................................0	0	0	0	0
13.2	Comprehensive (hospital and medical) group	.................................0	.................................0	.................................0	.................................0	.................................0
14.	Credit accident and health (group and individual) ...	.................................0	.................................0	.................................0	.................................0	.................................0
15.1	Vision only	.................................0	.................................0	.................................0	.................................0	.................................0
15.2	Dental only	.................................0	.................................0	.................................0	.................................0	.................................0
15.3	Disability income
.................................0	0	0	0	0
15.4	Medicare supplement	.................................0	.................................0	.................................0	.................................0	.................................0
15.5	Medicaid Title XIX	.................................0	.................................0	.................................0	.................................0	.................................0
15.6	Medicare Title XVIII	.................................0	.................................0	.................................0	.................................0	.................................0
15.7	Long-term care	.................................0	.................................0	.................................0	.................................0	.................................0
15.8	Federal employees health benefits plan
.................................0	0	0	0	0
15.9	Other health	.................................0	.................................0	.................................0	.................................0	.................................0
16.	Workers' compensation	.................................0	.................................0	.................................0	.................................0	.................................0
17.1	Other liability - occurrence	...................... 600,175	................... 4,716,994	.................................0	.................................0	................... 5,317,170
17.2	Other liability - claims-made	.......................783,234	........................ 13,236	.................................0	.................................0	.......................796,471
17.3	Excess workers' compensation
.................................0	0	0	0	0
18.1	Products liability - occurrence	.................................0	.................................0	.................................0	.................................0	.................................0
18.2	Products liability - claims-made	.................................0	.................................0	.................................0	.................................0	.................................0
19.1	Private passenger auto no-fault (personal injury
	protection)	.................................0	.................................0	.................................0	.................................0	.................................0
19.2	Other private passenger auto liability	.................................0	.................................0	.................................0	.................................0	.................................0
19.3	Commercial auto no-fault (personal injury
	protection)	.................................0	0	0	0	0
19.4	Other commercial auto liability	.................................0	.................................0	.................................0	.................................0	.................................0
21.1	Private passenger auto physical damage	.................................0	.................................0	.................................0	.................................0	.................................0
21.2	Commercial auto physical damage	.................................0	0	0	0	0
22.	Aircraft (all perils)	.................................0	.................................0	.................................0	.................................0	.................................0
23.	Fidelity	................... 8,947,585	................... 6,465,531	.................................0	.................................0	................. 15,413,116
24.	Surety	................104,063,340	................190,935,794	................(10,768,520)	.................................0	................284,230,614
26.	Burglary and theft	...................... 151,985	........................ 83,006	.................................0	.................................0	...................... 234,991
27.	Boiler and machinery	.................................0	0	0	0	0
28.	Credit	.................................0	.................................0	.................................0	.................................0	.................................0
29.	International	.................................0	.................................0	.................................0	.................................0	.................................0
30.	Warranty	.................................0	.................................0	.................................0	.................................0	.................................0
31.	Reinsurance - nonproportional assumed property ..	.................................0	.................................0	.................................0	.................................0	.................................0
32.	Reinsurance - nonproportional assumed liability	0	0	0	0	0

33. Reinsurance - nonproportional assumed financial

	lines	0	0	0	0	0
34.	Aggregate write-ins for other lines of business	0	0	0	0	0
35.	TOTALS		114,546,319	202,214,562	(10,768,520)	0	305,992,361
36.	Accrued retrospective premiums based on experience				0
37.	Earned but unbilled premiums					................. 10,768,520
38.	Balance (Sum of Line 35 through 37)						316,760,881
	DETAILS OF WRITE-INS

3401	....................................	....................................	....................................	....................................	....................................
3402	....................................	....................................	....................................	....................................	....................................
3403	....................................	....................................	....................................	....................................	....................................
3498.	Summary of remaining write-ins for Line 34 from
	overflow page	.................................0	0	0	0	0
3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34
	above)		0	0	0	0	0
(a) State here basis of computation used in each case	Daily pro rata

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1B - PREMIUMS WRITTEN

		1	Reinsurance Assumed	Reinsurance Ceded	6
			2	3	4	5	Net Premiums
							Written
	Line of Business	Direct Business (a)	From Affiliates	From Non-Affiliates	To Affiliates	To Non-Affiliates	Cols. 1+2+3-4-5
1.	Fire	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
2.1	Allied lines	............................. 0	0	............................. 0	............................. 0	............................. 0	0
2.2	Multiple peril crop	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
2.3	Federal flood	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
2.4	Private crop	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
2.5	Private flood	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
3.	Farmowners multiple peril	............................. 0	0	............................. 0	............................. 0	............................. 0	0
4.	Homeowners multiple peril	............................. 0	0	............................. 0	............................. 0	............................. 0	0
5.1	Commercial multiple peril (non-liability
	portion)	............................. 0	0	............................. 0	............................. 0	............................. 0	0
5.2	Commercial multiple peril (liability portion)	............................. 0	0	............................. 0	............................. 0	............................. 0	0
6.	Mortgage guaranty	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
8.	Ocean marine	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
9.	Inland marine	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
10.	Financial guaranty	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
11.1	Medical professional liability - occurrence .	0	0	0	0	0	0
11.2	Medical professional liability - claims-
	made	0	0	0	0	0	0
12.	Earthquake	0	0	0	0	0	0
13.1	Comprehensive (hospital and medical)
	individual	0	0	0	0	0	0
13.2	Comprehensive (hospital and medical)
	group	0	0	0	0	0	0

14. Credit accident and health (group and

	individual)	0	0	0	0	0	0
15.1	Vision only	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.2	Dental only	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
15.3	Disability income	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.4	Medicare supplement	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.5	Medicaid Title XIX	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.6	Medicare Title XVIII	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.7	Long-term care	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
15.8	Federal employees health benefits plan ...	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
15.9	Other health	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
16.	Workers' compensation	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
17.1	Other liability - occurrence	............... 3,024,915	...................859,232	............................. 0	............................. 0	............... 1,040,500	............... 2,843,647
17.2	Other liability - claims-made	............... 2,021,544	.....................53,072	............................. 0	............................. 0	...................... 4,397	2,070,218
17.3	Excess workers' compensation	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
18.1	Products liability - occurrence	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
18.2	Products liability - claims-made	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
19.1	Private passenger auto no-fault (personal
	injury protection)	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
19.2	Other private passenger auto liability	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
19.3	Commercial auto no-fault (personal injury
	protection)	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
19.4	Other commercial auto liability	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
21.1	Private passenger auto physical damage .	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
21.2	Commercial auto physical damage	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
22.	Aircraft (all perils)	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
23.	Fidelity	..............23,848,481	...................469,765	............................. 0	............................. 0	...................278,727	..............24,039,520
24.	Surety	............470,744,153	............... 4,010,800	.................... 48,395	............................. 0	..............27,334,693	............447,468,656
26.	Burglary and theft	...................374,886	...................... 8,880	............................. 0	............................. 0	............................. 0	...................383,766
27.	Boiler and machinery	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	0
28.	Credit	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
29.	International	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0	............................. 0
30.	Warranty	0	0	0	0	0	0

31. Reinsurance - nonproportional assumed

	property	XXX	0	0	0	0	0
32.	Reinsurance - nonproportional assumed
	liability	XXX	0	0	0	0	0
33.	Reinsurance - nonproportional assumed
	financial lines	XXX	0	0	0	0	0

34. Aggregate write-ins for other lines of

	business		0	0		0		0	0	0
35.	TOTALS	500,013,979	5,401,749		48,395		0	28,658,316	476,805,807
	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
3499.	Totals (Lines 3401 thru 3403 plus
	3498)(Line 34 above)		0	0		0		0	0	0
(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 $	.............................	0
	2. Amount at which such installment premiums would have been reported had they been reported on an annualized basis	$	.............................	0

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY 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
									Losses Incurred
						Net Losses Unpaid		Losses Incurred	(Col. 7, Part 2) to
			Reinsurance	Reinsurance	Net Payments	Current Year	Net Losses Unpaid	Current Year	Premiums Earned
	Line of Business	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	0.0
2.1	Allied lines	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	............................. 15.4
2.2	Multiple peril crop	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.3	Federal flood	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.4	Private crop	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.5	Private flood	..................................0	0	0	0	..................................0	0	0	0.0
3.	Farmowners multiple peril	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
4.	Homeowners multiple peril	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
5.1	Commercial multiple peril (non-liability portion)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
5.2	Commercial multiple peril (liability portion)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
6.	Mortgage guaranty	..................................0	0	0	0	..................................0	0	0	0.0
8.	Ocean marine	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
9.	Inland marine	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
10.	Financial guaranty	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
11.1	Medical professional liability - occurrence	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
11.2	Medical professional liability - claims-made	..................................0	0	0	0	..................................0	0	0	0.0
12.	Earthquake	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
13.1	Comprehensive (hospital and medical) individual	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
13.2	Comprehensive (hospital and medical) group	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
14.	Credit accident and health (group and individual)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.1	Vision only	..................................0	0	0	0	..................................0	0	0	0.0
15.2	Dental only	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.3	Disability income	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.4	Medicare supplement	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.5	Medicaid Title XIX	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.6	Medicare Title XVIII	..................................0	0	0	0	..................................0	0	0	0.0
15.7	Long-term care	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.8	Federal employees health benefits plan	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.9	Other health	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
16.	Workers' compensation	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
17.1	Other liability - occurrence	...........................35,069	6,793	0	41,862	......................... 610,051	834,785	(182,872)	(8.4)
17.2	Other liability - claims-made	......................... 661,345	...........................11,203	..................................0	......................... 672,548	...........................36,037	......................... 590,760	......................... 117,826	...............................5.6
17.3	Excess workers' compensation	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
18.1	Products liability - occurrence	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
18.2	Products liability - claims-made	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.1	Private passenger auto no-fault (personal injury protection)	..................................0	0	0	0	..................................0	0	0	0.0
19.2	Other private passenger auto liability	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.3	Commercial auto no-fault (personal injury protection)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.4	Other commercial auto liability	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
21.1	Private passenger auto physical damage	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
21.2	Commercial auto physical damage	..................................0	0	0	0	..................................0	0	0	0.0
22.	Aircraft (all perils)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
23.	Fidelity	......................... 624,191	...............................(59)	............................ 1,583	......................... 622,549	..................... 11,277,683	.......................9,260,614	.......................2,639,618	............................. 10.7
24.	Surety	..................... 75,369,774	......................... 392,182	..................... 20,832,852	..................... 54,929,104	....................235,334,582	....................180,467,656	....................109,796,030	............................. 26.1
26.	Burglary and theft	...........................31,684	..................................0	..................................0	...........................31,684	...........................70,321	........................(119,793)	......................... 221,798	............................. 62.0
27.	Boiler and machinery	..................................0	0	0	0	..................................0	0	0	0.0
28.	Credit	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
29.	International	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
30.	Warranty	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
31.	Reinsurance - nonproportional assumed property	...............XXX	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
32.	Reinsurance - nonproportional assumed liability	...............XXX	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...............................0.0
33.	Reinsurance - nonproportional assumed financial lines	...............XXX	0	..................................0	..................................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	76,722,064	410,119	20,834,436	56,297,747	247,328,673	191,034,021	112,592,399	25.1
	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	...............................0.0
3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)	0	0	0	0	0	0	0	0.0

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE WESTERN SURETY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2A - UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES

				Reported Losses		Incurred But Not Reported			8	9
			1	2	3	4	5	6		7
						Net Losses Excl.
					Deduct	Incurred But Not							Net Unpaid
		Line of Business		Reinsurance	Reinsurance	Reported		Reinsurance		Reinsurance	Net Losses Unpaid	Loss Adjustment
		Direct	Assumed	Recoverable	(Cols. 1 + 2 - 3)	Direct	Assumed		Ceded	(Cols. 4 + 5 + 6 - 7)	Expenses
1.	Fire	0	0	0	0	0	0	..................................	0	..................................	0	0
2.1	Allied lines		..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0
..................................0
2.2	Multiple peril crop	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

2.3	Federal flood							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
2.4	Private crop	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

2.5	Private flood							..................................	0	..................................	0
0	0	0	0	0	0			0
3.	Farmowners multiple peril	0	0	0	0	0	0	..................................	0	..................................	0	0

4.	Homeowners multiple peril							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
5.1	Commercial multiple peril (non-liability portion)							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
5.2	Commercial multiple peril (liability portion)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

6.	Mortgage guaranty							..................................	0	..................................	0
0	0	0	0	0	0			0
8.	Ocean marine	0	0	0	0	0	0	..................................	0	..................................	0	0

9.	Inland marine							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
10.	Financial guaranty							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
11.1	Medical professional liability - occurrence	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

11.2	Medical professional liability - claims-made							..................................	0	..................................	0
0	0	0	0	0	0			0
12.	Earthquake	0	0	0	0	0	0	..................................	0	..................................	0	0

13.1	Comprehensive (hospital and medical) individual							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
13.2	Comprehensive (hospital and medical) group							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
14.	Credit accident and health (group and individual)	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

15.1	Vision only							..................................	0	(a)	0
0	0	0	0	0	0		0
15.2	Dental only	0	0	0	0	0	0	..................................	0	(a)	0	0

15.3	Disability income							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
15.4	Medicare supplement							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
15.5	Medicaid Title XIX	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	(a)	0	..................................0

15.6	Medicare Title XVIII							..................................	0	(a)	0
0	0	0	0	0	0		0
15.7	Long-term care	0	0	0	0	0	0	..................................	0	(a)	0	0
15.8	Federal employees health benefits plan							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
15.9	Other health							..................................	0	(a)	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0		..................................0
16.	Workers' compensation	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

17.1	Other liability - occurrence							.........................	780,329	.........................	610,051
5,353	20,596	1	25,948	1,059,221	305,210			287,988
17.2	Other liability - claims-made	58	4	0	62	41,198	2,526	............................	7,749	...........................	36,037	223,471

17.3	Excess workers' compensation								..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
18.1	Products liability - occurrence							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
18.2	Products liability - claims-made		..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

19.1	Private passenger auto no-fault (personal injury protection)							..................................	0	..................................	0
0	0	0	0	0	0			0
19.2	Other private passenger auto liability	0	0	0	0	0	0	..................................	0	..................................	0	0
19.3	Commercial auto no-fault (personal injury protection)							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
19.4	Other commercial auto liability							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
21.1	Private passenger auto physical damage	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................	0	..................................	0	..................................0

21.2	Commercial auto physical damage							..................................	0	..................................	0
0	0	0	0	0	0			0
22.	Aircraft (all perils)	0	0	0	0	0	0	..................................	0	..................................	0	0

23.	Fidelity							.........................	334,652	.....................	11,277,683
...............................169	..................................0	..................................4	...............................165	..................... 11,300,577	......................... 311,592			.......................1,838,751
24.	Surety							.....................	43,086,412	....................	235,334,582
..................... 28,890,991	...............................132	..................... 13,860,240	..................... 15,030,883	....................261,486,955	.......................1,903,156			..................... 53,959,388
26.	Burglary and theft	................................ 16	..................................0	..................................0	................................ 16	...........................96,425	............................ 4,545	...........................	30,666	...........................	70,321	...........................30,897

27.	Boiler and machinery							..................................	0	..................................	0
0	0	0	0	0	0			0
28.	Credit	0	0	0	0	0	0	..................................	0	..................................	0	0

29.	International							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
30.	Warranty							..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0	..................................0	..................................0			..................................0
31.	Reinsurance - nonproportional assumed property	...............XXX	..................................0	..................................0	..................................0	...............XXX	..................................0	..................................	0	..................................	0	..................................0

32.	Reinsurance - nonproportional assumed liability	...............XXX				...............XXX		..................................	0	..................................	0
..................................0	..................................0	..................................0	..................................0			..................................0
33.	..............................................Reinsurance - nonproportional assumed financial lines	...............XXX	0	0	..................................0	...............XXX	..................................0	..................................	0	..................................	0	..................................0
34.	Aggregate write-ins for other lines of business	0	0	0	0	0	0		0		0	0
35.	TOTALS		28,896,587	20,732	13,860,245	15,057,074	273,984,376	2,527,029		44,239,807		247,328,673	56,340,495
	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	..................................	0	0

3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)	0	0	0	0	0	0		0		0	0
(a) Including $	0 for present value of life indemnity claims reported in Lines 13 and 15.

Attachments

Disclaimer

CNA Financial Corporation published this content on 15 February 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2024 21:42:40 UTC.