+ Front Cover
+ Corporate Overview
+ Table of Contents
+ TO OUR CLIENTS AND POLICYHOLDERS:
+ MANAGING COMMITTEE
+ Highlighted Transactions
+ AmeriCredit
+ Cendant Car Rental Group
+ Silver Leaf CFO 1 & Company SCA
+ Denver International Airport
+ Global Infrastructure
+ Southern Company
+ M&T Bank
+ Envestra
+ Financials
+ Our Triple-A Ratings
+ Table of Contents
+ CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
+ REPORT OF INDEPENDENT AUDITORS
+ CONSOLIDATED BALANCE SHEETS
+ CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
+ CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDER'S EQUITY
+ CONSOLIDATED STATEMENTS OF CASH FLOWS
+ NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
+ 1. ORGANIZATION AND OWNERSHIP
+ 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
+ 3. INVESTMENTS
+ 4. INFORMATION CONCERNING PARENT AND AFFILIATES
+ 5. NET PREMIUMS EARNED
+ 6. NET OPERATING EXPENSES
+ 7. DEFERRED CEDING COMMISSIONS AND DEFERRED ACQUISITION COSTS
+ 8. REINSURANCE
+ 9. OUTSTANDING EXPOSURE AND COLLATERAL
+ 10. LIABILITY FOR LOSSES AND LOSS ADJUSTMENT EXPENSES
+ 11. INCOME TAXES
+ 12. LEASE COMMITMENTS
+ 13. DISCLOSURES ABOUT FAIR VALUES OF FINANCIAL INSTRUMENTS
+ 14. STATUTORY ACCOUNTING PRACTICES AND DIVIDEND RESTRICTIONS
+ 15. SHAREHOLDER'S EQUITY
+ 16. CREDIT DEFAULT SWAPS
+ 17. RECENT ACCOUNTING PRONOUNCEMENTS
+ 18. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
+ MANAGING COMMITTEE AND OFFICERS
+ BOARD OF DIRECTORS
+ Corporate Information