Quarterly Statement Penn Mutual Life Insurance
Total Page:16
File Type:pdf, Size:1020Kb
QUARTERLY STATEMENT OF THE PENN MUTUAL LIFE INSURANCE COMPANY Of Philadelphia in the state of PA to the Insurance Department of the State of For the Period Ended March 31, 2019 2019 Statement as of March 31, 2019 of the PENN MUTUAL LIFE INSURANCE COMPANY ASSETS Current Statement Date 4 1 2 3 Net Admitted December 31 Nonadmitted Assets Prior Year Net Assets Assets (Cols. 1 - 2) Admitted Assets 1. Bonds....................................................................................................................................... ...........10,075,641,381 ..................................... ...........10,075,641,381 .............9,968,033,451 2. Stocks: 2.1 Preferred stocks............................................................................................................. ................114,123,562 ..................................... ................114,123,562 ................112,089,819 2.2 Common stocks............................................................................................................. ................613,472,841 ..................................... ................613,472,841 ................630,195,126 3. Mortgage loans on real estate: 3.1 First liens........................................................................................................................ ..................................... ..................................... ..................................0 ..................................... 3.2 Other than first liens....................................................................................................... ..................................... ..................................... ..................................0 ..................................... 4. Real estate: 4.1 Properties occupied by the company (less $..........0 encumbrances).............................................................................................................. ..................32,774,131 ..................................... ..................32,774,131 ..................33,157,371 4.2 Properties held for the production of income (less $..........0 encumbrances).............................................................................................................. ..................................... ..................................... ..................................0 ..................................... 4.3 Properties held for sale (less $..........0 encumbrances)................................................. ..................................... ..................................... ..................................0 ..................................... 5. Cash ($.....28,514,327), cash equivalents ($.....189,680,908) and short-term investments ($..........0).................................................................................... ................218,195,235 ..................................... ................218,195,235 ................270,846,168 6. Contract loans (including $..........0 premium notes)................................................................. ................362,171,908 ..................................... ................362,171,908 ................355,265,111 7. Derivatives............................................................................................................................... ................239,386,969 ..................................... ................239,386,969 ................249,283,075 8. Other invested assets.............................................................................................................. .............1,384,379,872 ..................13,909,648 .............1,370,470,224 .............1,333,271,762 9. Receivables for securities........................................................................................................ ..................10,782,800 ..................................... ..................10,782,800 ....................1,903,061 10. Securities lending reinvested collateral assets........................................................................ ..................................... ..................................... ..................................0 ..................................... 11. Aggregate write-ins for invested assets................................................................................... ..................................0 ..................................0 ..................................0 ..................................0 12. Subtotals, cash and invested assets (Lines 1 to 11)................................................................ ...........13,050,928,699 ..................13,909,648 ...........13,037,019,051 ...........12,954,044,944 13. Title plants less $..........0 charged off (for Title insurers only).................................................. ..................................... ..................................... ..................................0 ..................................... 14. Investment income due and accrued....................................................................................... ................134,788,944 ..................................... ................134,788,944 ................123,168,301 15. Premiums and considerations: 15.1 Uncollected premiums and agents' balances in the course of collection....................... ....................9,079,250 ....................1,668,412 ....................7,410,838 ..................13,194,765 15.2 Deferred premiums, agents' balances and installments booked but deferred and not yet due (including $..........0 earned but unbilled premiums)............................. ..................84,196,322 ..................................... ..................84,196,322 ..................87,532,455 15.3 Accrued retrospective premiums ($..........0) and contracts subject to redetermination ($..........0)............................................................................................. ..................................... ..................................... ..................................0 ..................................... 16. Reinsurance: 16.1 Amounts recoverable from reinsurers............................................................................ ..................31,428,080 ..................................... ..................31,428,080 ..................30,386,494 16.2 Funds held by or deposited with reinsured companies.................................................. ..................................... ..................................... ..................................0 ..................................... 16.3 Other amounts receivable under reinsurance contracts................................................ ..................16,983,633 ..................................... ..................16,983,633 ..................15,815,088 17. Amounts receivable relating to uninsured plans...................................................................... ..................................... ..................................... ..................................0 ..................................... 18.1 Current federal and foreign income tax recoverable and interest thereon............................... ..................................... ..................................... ..................................0 ..................................... 18.2 Net deferred tax asset.............................................................................................................. ................247,152,484 ..................53,656,432 ................193,496,052 ................214,418,970 19. Guaranty funds receivable or on deposit................................................................................. ....................1,026,282 ..................................... ....................1,026,282 ....................1,050,455 20. Electronic data processing equipment and software................................................................ ..................17,445,938 ....................1,270,058 ..................16,175,880 ..................16,808,407 21. Furniture and equipment, including health care delivery assets ($..........0)............................. ....................9,891,972 ....................9,891,972 ..................................0 ..................................... 22. Net adjustment in assets and liabilities due to foreign exchange rates.................................... ..................................... ..................................... ..................................0 ..................................... 23. Receivables from parent, subsidiaries and affiliates................................................................ ..................11,664,630 ..................................... ..................11,664,630 ..................15,419,198 24. Health care ($..........0) and other amounts receivable............................................................. ..................................... ..................................... ..................................0 ..................................... 25. Aggregate write-ins for other than invested assets.................................................................. ................338,539,359 ..................57,302,773 ................281,236,586 ................287,245,209 26. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines 12 through 25).......................................................................................