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Douglas J. Austin Jennifer Utter Heston Jean E. Kordenbrock Retired FraserTrebilcocK Michael E. Cavanaugh Marlaine C. Teahan Melisa M. W. Mysliwiec Donald A. Hines LAWYERS Darrell A Lindman Mark E. Kellogg Emily M. Vanderlaan John J. Loose
Gary C. Rogers Ryan K. Kauffman Amanda S. Wolanin
Michael H. Perry Paula J. Manderfield Archie C. Fraser Thomas J. Waters Paul V. McCord (1902-1998)
124 West Allegan Street, Suite 1000
Lansing, Michigan 48933 Michael S. Ashton
H. Kirby Albright
Brian T. Gallagher
Jonathan T. Walton, Jr. OF COUNSEL
David E. S. Marvin
Everett R. Trebilcock (1918-2002)
James R. Davis T (517) 482-5800 F (517) 482-0887 Graham K. Crabtree Laura S. Faussie Stephen L. Burlingame (1918-2005)
www.fraserlawfirm.com Michael P. Donnelly
Edward J. Castellani
Norbert T. Madison, Jr.
Aaron L. Davis Mark A Bush
Brandon W. Zuk Ronald R. Pentecost
(1932-2008)
Jonathan E. Raven
Peter D. Houk
Paul C. Mallon, Jr. Jared A Roberts
David S. Fry
Thomas L. Sparks
Mark R. Fox (1953-2011)
Elizabeth H. Latchana David J. Houston Max R. Hoffman Peter L. Dunlap, P.C. Thaddeus E. Morgan Shaina R. Reed
Brian P. Morley
jraven@fraserlawfirm.com
(517) 377-0816
February 21, 2020
VIA HAND DELIVERY
Clerk of the Court Ingham County Circuit Court 315 S. Jefferson, 3rd Floor Mason,MI 48854
Re: Fox v Pavonia Life Insurance Company of Michigan Case No. 19-504-CR
Dear Clerk:
Enclosed for filing please find an original and Judge's copy of Response oflndependent Insurance Group, LLC to the Latest Filing of Aspida Holdco, LLC Dated February 20, 2020, with Certificate of Service affixed thereto.
Thank you for your assistance. Should you have any questions or concerns, please do not hesitate to contact me.
Very truly yours,
JER:enp Enclosures cc w/ enc.: Honorable Wanda M. Stokes
Michigan Department of Attorney General, Attn: Christopher Kerr/ James Long Lori McAllister Stephen W. Schwab Ellen M. Dunn Ryan Shannon
FRASER TREBILCOCK DAVIS & DUNLAP I PC LANSING DETROIT. GRAND RAPIDS
STATE OF MICHIGAN CIRCUIT COURT FOR THE 30TH JUDICIAL CIRCUIT
INGHAM COUNTY
ANITA G. FOX, DIRECTOR FOR THE MICHIGAN DEPARTMENT OF INSURANCE AND FINANCIAL SERVICES,
Petitioner, Case No. 19-504-CR v.
Hon. Wanda M. Stokes PA VONIA LIFE INSURANCE COMPANY OF MICHIGAN,
Respondent. ________________ !
RESPONSE OF INDEPENDENT INSURANCE GROUP, LLC TO THE LATEST FILING OF ASPIDA HOLDCO, LLC, DATED FEBRUARY 20, 2020
NOW COMES Independent Insurance Group, LLC ("Independent"), through its attorneys
Fraser Trebilcock and Adams and Reese, and hereby submits this filing in response to the Response
of Aspida Holdco, LLC to the 2/12/20 Letter of Society of Settlement Planners and the Response
to the latest Responses of Objector Independent Insurance Group, LLC (the "Aspida 2/21/20
Response").
I. RATIONALE AND INTRODUCTION
Independent is submitting this filing with the Court because, once again, the Aspida
2/21/20 Response contains reiterated, as well as new, material misstatements and
misrepresentations of fact designed to mislead the Court and divert its attention away from the
subject matter of these proceedings. Most of Aspida' s material misstatements and
misrepresentations are entirely irrelevant to these proceedings. In the interest of not burdening the
Court's time, Independent will only address the most egregious, relevant item, as follows.
In Exhibit D of the Aspida 2/21/20 Response, Mr. Tamre F. Edwards, the Chief Legal
Officer and Secretary of Global Bankers Insurance Group, LLC ("GBIG") who is listed in the
Aspida Form A as Chief Legal Officer and Secretary as part of the proposed Aspida management
team, submitted an Affidavit stating in Item 13 as follows:
"Based on my review and discussions with the GBIG Management Team,
Objector's claim that in excess of $900 million of affiliate investments weremade
between July 18 and July 31, 2018 is not correct. About $266 million in such
investments were made during this period." Aspida 2/21/20 Response, Exhibit D,
page 3.
However, as further discussed below, Independent has reconfirmed that its statements
regarding the affiliated investments were true in all material respects and, in contrast, the above
statement by Mr. Edwards is not only misleading but appears to false in material respects, as
indicated by the 2018 statutory filings of the NC Insurance Affiliates, of which he was and is
General Counsel.
II. ARGUMENT
Independent has revisited the Buttner Affidavit and once again reviewed the 2018
statutory annual statement filings of the NC Insurance Affiliates, the insurance affiliates of
Pavonia, GBIG, Eli Global and Greg Lindberg (namely, Colorado Bankers Life Insurance
Company, Southland National Insurance Corporation, Bankers Life Insurance Company, and
Southland National Reinsurance Company), which contain disclosures in their original Schedule
Ds for all investments owned as of December 31, 2018 (the "Original Schedule Ds"), including
the name of the investment, the purchase date, the purchase amount, and the categorization of the
2
investment. Prior filings, including an affidavit of Mr. Edward Buttner (the "Buttner Affidavit"),
describe a surge of investments made by the NC Insurance Affiliates within the same time period
that the alleged bribery actions of Greg Linberg were reaching a cresecendo as disclosed in the
indictment indictment itself.
As mentioned in prior filings, Independent then matched the names of the investments in
the Original Schedule Ds made in the July 2018 time period to the investments that were
reclassified as investments in affiliates by the NC Rehabilitator in an amended filing in July of
2019 (the "Amended Schedule Ds"). For those investments that were reclassified by the NC
Rehabilitator as affiliated investments in the Amended Schedule Ds, Independent prepared a
schedule of those affiliated investments where, according to the disclosures in Original Schedule
Ds, the purchase date was specifically stated to be withing the period from July 18 to July 31,
2018. Independent has re-done this work, and has confirmed that the total amount of the
investments in the Original Schedule Ds that occurred during this period and were reclassified as
investments in affiliates that in the Amended Schedule Ds totals $927 million (See Exhibit 1
hereto). Independent further notes that the amounts listed in the Original Schedule Ds as affiliated
investments appears to $31 million, as per the attached summary.
Independent points out that Mr. Edwards' affidavit misrepresented the facts by swearing
under oath that "about" $266 million of affiliated investments were made in July 2018 when the
filings of the NC Insurance Affiliates, signed and certified by key members of the proposed Aspida
management team, indicate that $927 million of such investments were made. The following facts
remain undisputed:
• Among other things, the proposed Aspida management team is comprised of the
same individuals that, at all times relevant to these proceedings: (i) acted as
executive officers of the NC Insurance Affiliates, (ii) ran all day-day activities of
3
said companies, (iii) were directly involved in the creation of the Plan, including
the transfer of GBIG to become a subsidiary of Pavonia and (iv) key members of
which signed the statutory annual statements of the NC Insurance Affiliates.
• The executives and directors (i) listed on the Jurat Company Info pages (the
"Relevant Jurat Pages") of the annual statutory statements of the relevant NC
Insurance Affiliates are Lou Everett Hensley (CEO), Brian Christopher Stewart
(CFO & Treasurer), Tamre Farid Edwards (Chief Legal Officer & Secretary), Paul
Brown (Chief Investment Officer), Michael William Farley (Chief Actuary),
Raymond Martinez (Vice President, Regulatory & Strategic Affairs, Louis
O'Briant Belo (Chief Compliance & Aduidt Officer), and former senior staff
member of the NCDOI) and, under the heading of Directors and Trustees, Greg
Evan Lindberg, Thomas Wayne Crawford, Bruce Adolph Cromartie, Christopher
Eric Herwig, Raymond Martinez and John Duncan Gray and (ii) the executives who
signed the Relevant Jurat Pages are Lou Everett Hensley (CEO), Brian Christopher
Stewart (CFO & Treasurer), Tamre Farid Edwards (Chief Legal Officer &
Secretary). Independent points out that Ray Martinez and Louis Belo are former
senior staff members of the NCDOI and Greg Lindberg and John Gray are under
indictment, and are currently undergoing trial, for the alleged bribery of Mike
Causey, commissioner of the NCDOI.
• The investments in affiliates were authorized and implemented by the proposed
Aspida management team.
• [The proposed Aspida management team did not accurately report these
investments as investments in affiliates in the original submission of the Annual
Statement in February 2019. The investments were later reclassified as affiliated
investments on 7/19/2019 by the NC Rehabilitator after the companies were placed
into rehabilitation on 6/27/2019].
• The ultimate amount of the investments m affiliates exceeded the amount
permissible by North Carolina regulatory thresholds for investments.
4
• The NC Rehabilitor later confirmed the conclusions first published in the Buttner
Affidavit which stated that three of the NC Insurance Affiliates are all statutorily
insolvent.
[It should not be lost on the court, that July of 2018 was when the alleged bribery involving
Mr. Lindberg, his co-defendants, and the North Carolina insurance commissioner was coming to
a crescendo. It bears further mention that in the opening day of the criminal trial of Greg Lindberg
this week, testimony was given relating to Lindberg's early efforts to involve the North Carolina
Insurance Commissioner in efforts to pave the way with Michigan regulators regarding the then-
proposed acquisition of Pavonia m 2017. [See Charlotte Observer:
https://www.charlotteobserver.com/news/politics-govemment/aiticle240424146.html]
This material misrepresentation of the facts by Mr. Edwards to this court at this critical
time is a current example of the type of risk articulated about the Aspida management team by
Independent. Of concern is how Aspida did not deploy the appropriate resources to investigate
the facts that Independent brought to light about and surrounding the NC Insurance Affiliates
investment activities, which raise reasonable questions and concerns.
Furthermore, Ares has elected to attack the credibility of Independent, its distinguished
professional advisors, and a concerned industry association. In so doing, they have worked
relentlessly to distract the Court from its objective1. It should also be noted that Aspida has
blatantly threatened litigation at every step of the process against Independent and its supporters,
including the Society of Settlement Planners, an organization whose mission is to serve the
settlement planning needs of children, widows, and disabled people.
1 Independent reminds the Court that DIFS insisted that lndependent's only avenues to participate in the issues at hand have required Independent to file all information (including information for the DIFS Form A process), and concerns, through this judicial proceeding. DIFS has left Independent with no choice but to seek relief from the Court, and rely on its own submissions to ensure that the Court had this information available.
5
It appears, from the very documents prepared by the proposed Aspida management team
itself, that they either (i) misstated facts in the 2018 filed regulatory financial statements for the
NC Insurance Affiliates or (ii) have now misrepresented facts to this Court. Independent has done
nothing more than spot and point this out to the Court.
III. CONCLUSION
Independent reiterates that the Aspida filing was replete with misrepresentations or
misstatements of facts, including specifics - largely by gross understatement -- relating to the
affiliate investments made by the proposed Aspida management team.
IV. INDEPENDENT'S PRAYER FOR RELIEF
WHEREFORE, Independent respectfully prays that this Court enter an Order:
1. Providing Independent with timely access to due diligence information on Pavonia
sufficient to enable Independent to submit its proposal for the acquisition of Pavonia.
2. Allowing Independent to submit a proposal for the acquisition of Pavonia.
3. Alternatively, to appoint a Special Master to conduct a public sale process for Pavonia, in
which process DIPS shall be ordered to provide necessary support, and in which
Independent shall be allowed to participate.
4. Scheduling a hearing to determine what, if any, portions of the conference between DIPS
and the Court will be in camera.
5. Allowing Independent, subject to confidentiality, to attend and participate in any judicial
conferences regarding the Rehabilitation of Pavonia.
6
6. Ordering a mediation to resolve the issue raised with the Plan, with all of the Parties as
participants.
Timothy Volpe Florida Bar o. 358 85 tim.volpe@arlaw.com 501 Riverside Avenue, Suite 601 Jacksonville, FL 32202 Telephone: (904) 355-1700 Facsimile: (904) 355-1797
DA VIS & ADAMS AND REESE LLP
7
CERTIFICATE OF SERVICE
I hereby certify that on the 2ist day of February, 2020, a true and correct copy of the
foregoing was served via hand delivery upon:
Clerk of the Court Ingham County Circuit Court 341 South Jefferson Street Mason, MI 48854
and via e-mail and U.S. First Class Mail upon:
Christopher L. Kerr I James Long Department of Attorney General Corporate Oversight Division P.O. Box 30736 Lansing, MI 48909
Ryan Shannon Dickinson Wright 215 S. Washington Square, Suite 200 Lansing, MI 48933
Lori McAllister Dykema 201 Townsend Street, Suite 900 Lansing, MI 48933
Hon. Wanda M. Stokes Ingham County Circuit Court 341 South Jefferson Street Mason, MI 48854
Ellen M. Dunn Sidley Austin LLP 787 Seventh A venue New York, NY 10019
Stephen Schwab DLA Piper LLP 444 West Lake Street Suite 900 Chicago, IL 60606
8
Exhibit 1
As Originally Filed As Amended and Re-Filed
Acquired Acquired Insurer Company Date Actual Cost Category Date Actual Cost Category
COLIC Baldwin Asset Management, Inc. 7/19/2018 30,152,832 Bank Loans - Bank loans - Issued 7/19/2018 30,152,832 Parent, Subsidiaries and Affiliates - Issuer Obligations
COLIC Capital Asset Management Ill, LLC 7/19/2018 29,775,000 Bank Loans - Bank loans - Issued 7/19/2018 29,775,000 Parent, Subsidiaries and Affiliates - Issuer Obligations
COLIC Capital Assets Fund I, LLC 7/19/2018 21,773,063 Bank loans - Bank Loans - Issued 7/19/2018 21,773,063 Parent, Subsidiaries and Affiliates - Issuer Obligations
COLIC Chatworth Asset Management, Inc. 7/19/2018 28,727,232 Bank loans - Bank loans- Issued 7/19/2018 28,727,232 Parent, Subsidiaries and Affiliates- Issuer Obligations
COLIC Chianti Bidco Project Heart 7/27/2018 29,140,000 Bank loans - Bank Loans - Issued 7/27/2018 29,140,000 Bonds - Bank Loans• Bank Loans - Issued
COLIC Oemascus Asset Management, Inc 7/19/2018 25,115,604 Bank loans - Bank Loans - Issued 7/19/2018 25,115,604 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Ephesus Asset Management, Inc. 7/19/2018 27,919,060 Bank Loans - Bank loans - Issued 7/19/2018 27,919,060 Parent, Subsidiaries and Affiliates - Issuer Obligations
C8LIC forest Park Asset Management, Inc. 7/19/2018 20,228,773 Bank Loans - Bank loans - Issued 7/19/2018 20,228,n3 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Global Insurance Capital, LLC 7/19/2018 8,508,191 Bank loans - Bank loans - Issued 7/19/2018 8,508,191 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Hampton Asset Management, Inc. 7/19/2018 27,9SS,029 Bank Loans - Bank Loans - Issued 7/19/2018 27,955,029 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Iron City Asset Management Inc. 7/19/2018 31,036,644 Bank loans - Bank Loans - Issued 7/19/2018 31,036,644 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Jackson Asset Management Inc. 7/19/2018 30,164,157 Bank loans - Bank loans - Issued 7/19/2018 30,164,157 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Kite Asset Management, Inc. 7/19/2018 38,552,815 Bank loans - Bank Loans - Issued 7/19/2018 38,SS2,815 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Lares, llC 7/19/2018 5,607,625 Bank Loans - Bank Loans - Issued 7/19/2018 5,607,625 Parent, Subsidiaries and Affiliates- Issuer Obligations
CBLIC lily Asset Management, Inc. 7/19/2018 39,800,000 Bank Loans - Bank Loans - Issued 7/19/2018 39,800,000 Parent, Subsidiaries and Affiliates - Issuer Obligations
C8UC Marshalla Asset Management, Inc. 7/19/2018 41,505,518 Bank Loans - Bank loans - Issued 7/19/2018 41,505,518 Parent, Subsidiaries and Affiliates - Issuer Obligations
COLIC Paradise Asset Management, Inc. 7/30/2018 39,800,000 Bank loans - Bank Loans - Issued 7/30/2018 39,800,000 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Rockdale Asset Management, Inc. 7/19/2018 39,800,000 Bank loans - Bank Loans - Issued 7/19/2018 39,800,000 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Summerville Asset Management, Inc. 7/19/2018 2S,093,743 Bank Loans-Bank Loans-Issued 7/19/2018 25,093,743 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Tybee Island Asset Management, Inc. 7/30/2018 31,302,369 Bank loans - Bank Loans - Issued 7/30/2018 31,302,369 Parent, Subsidiaries and Affiliates - Issuer Obligations
CBLIC Standard Financial LTD 7/19/2018 3,819,822 Parent, Subsidiaries and Affiliates - Issuer Obligations 7/19/2018 3,819,822 Parent, Subsidiaries and Affiliates - Issuer Obligations
COLIC Lombard Street llC - ABS 7/31/2018 60,000,000 Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 7/31/2018 60,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
CBUC Lombard Street II llC - ABS 7/31/2018 60,000,000 Industrial and Miscellaneous (Unaffiliated) - Other loan-Backed and Structured Securities 7(31/2018 60,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
C8LIC Marsellle Eln 2018-1 LLC 7/23/2018 60,099,262 Industrial and Miscellaneous (Unaffiliated) - Other loan-Backed and Structured Securities 7/23/2018 60,099,262 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
CBLIC Pierre Mendes LLS -ABS 7/24/2018 60,000,000 Industrial and Miscellaneous (Unaffiliated) - Other loan-Backed and Structured Securities 7/24/2018 60,000,000 Parent, Subsidiaries and Affiliates - Other Loan-Backed and Structured Securities
CBLIC Whitehorse 2018 I, LLC - ABS 7/23/2018 60,097,104 Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 7/23/2018 60,097,104 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
SNLIC PBX Bermuda Holdings, ltd. 7/30/2018 200,203 Parent, Subsidiaries and Affiliates - Issuer Obligations 7/30/2018 200,203 Parent, Subsidiaries and Affiliates - Issuer Obligations
SNLIC Lombard Street, LLC. 7/31/2018 9,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities 7/31/2018 9,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
SNLIC Lombard Street 11, LLC. 7/31/2018 9,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities 7/31/2018 9,000,000 Parent, Subsidiaries and Affiliates • Other Loan-Backed and Structured Securities
SNLIC Pierre Mendes, LLC 7/24/2018 9,000,000 Parent, Subsidiaries and Affiliates - Other Loan-Backed and Structured Securities 7/24/2018 9,000,000 Parent, Subsidiaries and Affiliates - Other Loan-Backed and Structured Securities
BLIC Lombard Street, LLC. 7/31/2018 6,000,000 Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 7/31/2018 6,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
BUC Lombard Street II, LLC. 7/31/2018 6,000,000 Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 7/31/2018 6,000,000 Parent, Subsidiaries and Affiliates - Other loan-Backed and Structured Securities
BLIC Pierre Mendes LLC - ABS 7/31/2018 6,000,000 Industrial and Miscellaneous (Unaffiliated) - Other Loan-Backed and Structured Securities 7/31/2018 6,000,000 Parent, Subsidiaries and Affiliates - Other Loan-Backed and Structured Securities
BLIC TAC Investments, LLC 7/31/2018 S,472,152 Bonds - Bank Loans - Bank Loans - Issued 7/31/2018 5,472,152 Parent, Subsidiaries and Affiliates - Issuer Obligations
926,646,198 926,646,198
As Originally Filed
m ..... ·o, ().) N
ANN!JAL STATEMENT FOR THE YEAR 2018 OF THE Colorado Bankers Life Insurance Company
COdes a r4Ts
F 0
r
SCHEDULE D • PART 1 ShQWin
f~!tY!!~~ 10 s I a
e Designation Rafe Used Book/ J and Admiti- =to-Obtain AdJuSted V81uation Curi'en1 Year•s
custP g Bond lslratlve Actual Fair Fair Par Carrying Increase/ (AniOnlzalion)I
15
ldenlJHCStlon Descrlotion Code Ii CHAR Swnb0.1 Cost va1ua Vafue Value Value mecreasel At:tretion ('-.::=,, .... ,:;u liMl"\.v,,
N:ll65P·AY·t .ENECO HO).DlijG !N ........ ~•····· .. ·'·'· •..•••.•. ,Jt . .•. -2 ..... , . ..• , ... ,fE. ..... , ••... 1,698.192· ..... ;102 .. 6260 ...... .1,56!j,OD8 ........ 1,524.962 ., ..... J,6.M,981 1------+··•• .. ··'" .. '·'-·[19.375) ,r T~9P·C!l,8. .ENEL S/'4 . .. .... , .... ···-··· •• £. ....... ..2. ....... , ...•. a.. . ..... 2.,462.941 ...... 103 .. 4500 ....... 2;365.177 ...... .2.286.JOO .•..... 2,378,SQO .46.78811------~·
:i~;~i~i;i~i,~:: :;;: ~'i: ~i:i~]i: ::._::::::t::~,t~, ' F6881D.•AN•O •. ORA!,1;£,SA •• B.. • 7Ff. .......... 3.731,056 ... _.105,2000 .,_ .. J.608.090 .... -3.429,450 ........ .3.671.035 ..•. ~----+----· 8425{i7;CY•t S!IUillERM C0 ..•.•.. ~-~-,-1 ....................... 2.5 •••.......•.. :lfE. .... ····-·•····5, 165 ....... 96,:i74ti ............ ..4_&19 .......... 0 ... 5.000 ...••.....•... 5, 145 t R004n•AH-9 .. STQ!lEl!RANO UVSFQRSIKRINGMS ............ B .. ······2-'5 ... _. • ., ... ,2FE. __ ......... 2,910.275 ...•. 113.0500 ······2.,!i84,662 ....... 2,286,sOO ...... ,2,m,559
l l$&!H4,l,7 .. TALANX- F!NANZ (WXEMlOURGJ ·~4 .,.,., ... , .. B.. ... , •..•. 2,5., .•... ., •.. ,"2FE.,, ...... ,, .. !1,431,228 •.. ,,J20,t¾'i0 . ., .... .A.•137.460 ., ..... ,.J.42,g,450 ......• !l.211,074 A909BY-AA·6. 1/tilQA JNSI.IRANCI; GR!lll' .AG .•...•.. ,, ....•... .. B .. ...... 2.5, . .,. , ., •.• 2fE. ..•........ .2.,777.555 ... .,.IJZ.4030 ...... ,2.569,870 ....... 2,266 .• 300 ...•..• 2,692,333
·--1~l. __ . .j.., .. ~~1 ....... ~~:~!~~ 1 ...... 26.(~fi~~ 1 ...... 27.~1~,Qoo'
16 17
&X XXX
lnterest 18 I W
™-XXX
Admitted AmOUnt DiJe&
37.1,167
371,167
...•....•. ~.601 • RIA .. ..• ~= .. A,219
:·~·::::Jm :J/L ::::::::=l~t~ ••.•• s, 14.139 .• ,NiA .. ·•-····".475,014. , .• ., .......• .4,523 ... ,NI/., •. .•.. ., .•...• 20,433
I .... N/A .• ···•··· .. •··.50;769
20 Pates
21 I 22.
Stated Conlradual
Matu~ly
0
ANNUAL STATEMENT FOR THE YEAR 2018 OFTHE Colorado 811nkers Life Insurance Company
SCHEDULE D • PART 1 owi Sh
• J
r
CUSIP D~c;;ripti_c,n C:odei ~
~-o· Cw w
s F
Bond.
6 I
I NAIC Designation: andAdmin-
lslratiW>
7
12.623.:716
515,336,030 916,521:015
FalrValu~ 10 s I 9
™-XXX xxx
12,509.5!!1 9_,_542;442 I 12,505.018
506,048,012 518.463,991 512·.616 710 697,911,975 915,764.798 914.ii66,351l
12
Unrealized V8hi8fton 1ncrease1 Decrease·
_Q_
CurrenlYear•s (AniortlzationV
_Accretion
1'1QValUe 14
C!-Jtc!'!01 Yea(s. Other Than
Temporary impairment Recognized
0 572,262
1_~
Total Foreign
Exchange Change
In B./A.C.V.
_Q_
16
MK 2,953.875) XXX ;i,002-4.321 _ _xxx
17
I~ XXX
Interest. 18
XXX
XXX m
19 20
~ 4<7,217
8 100.514 3,029,403 . 6 56J,il62 ~9.619 521
21
XM XXX xxx ..
Dates
· ............... ,J~.···•····· .... · ....... ~ ..... · ....... ,. ........ 1.· .••. , ...... _ ..... · I · ·, · ··· ... -_ .. , -t-·-··-·.,, ........ ,.·· .. +·•···•·····•·•·--· ••.•. ··•··1·-·•· ... · :.· ,-v .. ,·.···•··· .. • -., ........ . ,•·- ....... -··1-·-:· .••• ·.·•--· ✓-· • 1-··-·· ·, ,-__ .... J-........... :-· ............. · .... + :·· ✓ .-.-•• ,, , .... +·; .. -.,., .....•. ···. f-· .. -, ·: ·,__,, .......... .-:
2,215.173 xxx: 2., 168,921.940 12,391.692 ,49212.206,581 ,761 422,446! 573,15! 9., 181 ,ii60il xxx_ xµ xxx 2s .8.l4-:;SZJ I oo ,~~01r; x~
22
XX)(
-xxx:
m ..>. 0 (,) 0)
6
0
r NAIC e Designation' Rate Used i andAdniin- to.Obtain
CUSIP· g Bond: lslratlvo Actual Fair ldenlificaUon D=crlnfion Code ~ CHAR S=bOI cost Value
.... , ... 1,Q04.6J() .. , • .100.4510 907818-Ef-1. ~:tn~~~f ~Ti:tof·'"··-' '··'"··'·"·'· '"-·--L .. , ........ Jf!L . 911308-M-2. MIERICA. INC ............................................................... .1FE ..•..........•...... 1, 175 ...... 1(16:2250 .913017,CM•9 .. IINJ"IED ·IB:ffNOLOGIES CORI'··'-·· ..... ; ... , .,, ••.•.• ., .•.. L,. .. _. ,.,., .. 2FE..❖_. ......... 981.900 . , ... ,SS.119:l
;~:t~:t ~;~mt~WrR~~s:::'~·.~:· ::::::: :':::: ::::::¥'.L:: :::::::]::::: :~::::::~rm :=:::iii:~~ 923431'-AK-O .. VERIZON C(ii.1/jtl'HCATIOHS )NC ... , ....................... .I. .. ,. .••. ,. .. ,2fE. ............ .• ..6,150 •..•.. 115 . .Jj(;ij 92343v,cN, VERl20,~ COl,lll'JmCATIOtlS INC. ............................. 1 .•........... ;2FE., ............... ~03;560 ....... 100:6550 92343V•Cl!•5 ... V8!120N Clill!liJNICAHOOS INC. ..................... , ...... ..1 ........ · ........ 2F.E. ..... : ....... :1,094 .• 830 ........ 99.6130
l!ri:;01~ 1][~Eti11 ~ii ~~mt ~Mll?ii.:·.~::~~.:~::::::.-:.:'.::::.:: ::::::: :::~·. '::J'.L;: :::::J::::· :=::::;-:sag~ :~::ii~:~mK I 3299999 • Bonds.- lllduslrial and·Mi.soellaooous (Uflaf!iliale<I) • ·issuer
1~,~9.Jl34 XM -8arJted securit•••·
.... , ............... 4 ....... j ........ lFE. ..... j .... _ ... 185,640 ( ...... 100 .• 0000
·:~:: i::::i:!:'.ii: ·::'.:::::~::::: i::ii:?~~~ ........ '!" ............ 4 ............... .i~E... ... - ..... -.16,187
..... 1Fla .................. 86.651
Yeai's:
Book/ Unrealized AdjuSted V.iltiatlan Current Year's
Fair Par carrying Increase/ {Arrio!tizaliOn)I -Value Value Value IDecreasel Accretion
Other Than
TempoiBfY Impairment Recognized
Total Foreign
Exchange Chang·e
In. B./A.C.V.
_, .. .1.004,ijJO ....... 1,000,000 ., .. , .... 1,004,079 1---~---1--------1551l1---=---1-=~=
Admnte<I Amount Effective Amount ReC.
Rate Rats When Due.& During of of Paid: Accrued Year
........ "J.;100 ..... - ... 3.025 ..... )Q, ..... _ ......... :2,044 ... - .... 1.6 ,0.00
:::::i]~:i~ ::::::T~:I :,::::;::::::~i:! :::::i:·:::::·::::·; .. :::·: .... ;· .. __ :::::~::::J!f :::·: ::.::· :~: .... :.:·:·: :::;:i:i::::::::::::: :::::Ji ·::::;:.:J1! :::::t :::::::::]:f. ii::ii~:~~;
~!i ~~i~~i i:::~::::: :.~=,:,=t=='0"'" :~:::.'~ ~I :g; l~~ ~~J
j ........... 175.183 j ........... 175, 183 j .......... J81, 146 f, ......... - ............... t !f ............................ , ........................ , ........ 7 .980 .......... :7 .56fi .... NIA. ............... 13;980 ............. 1.165.
.,100.0000 l••·--...... 510.540 , ......... ,510,540 , ............ 525,2ll4
·-····-13.203 ............. 13;203 ......... -.13.,220 1-----+--------< ...... A.. .. ,.l,. ...... lFE. ..... j ................ ,_ JO ! ....... 100.0000 I ., .................. 1P ... ..10 .10
........ , ... ..7.409 .,.,NIA.,. ; ..... : ..... 29,675 ........ ,.,8.15l
'I I ,_...,, 430 .• - .... ..7 .370 ... ,Nil,. .. ............. _ • .148 ............. 817
......... 7.430 ........... 7.sl46 ... HiA. ....................... 0 ................. .1
f:===-:::1=:::::: ::~~ ='::(! !=::::::~ ==:::~ :!:!= !!= 111-------+----+--.1· ,430 ........... 7 .357 ... NIA, .. , ....... _ ..... _.ll9
...................... ..._ __ _. ...... ..7.430 ........ , .. 7.358 . .NIA., ... , .... , ............ 531
........ 7 .875 ............ 7.352 .... NIA. ................ 3, 188
XXX ;gx XXX 47,8-13
.~ f:::::·=::::::::j t=~=J :~ .............. , .... D
..................... 0
......... :::··~rr_· _··. ~1
:~:::!:: :::ii::::::'.~! li>i~:~!.I::::::.~::::~~:~~ f···· ............. , ... .
...... 100.0000 ........ _ ... i6,026
...... 100.0000 ., .......... 85,793 ............. 85.793 ...... ,.MBB.057
-, ....... 485.793 ........... MlS.793 ..... 504.264
~
............ .1, 157
...... , .. , .. 6,374
......... 38,256
ANNUAL STATEMENT FQR THE YEAR 2018 QF THE Bankers Life Insurance Company
SCHEDULE D - PART 1 Shaviing All Lon9-Term BONDS Owned Oecember 31 o[ Current Year
7 F,ii!r.V~!lJ~ 10 I 11 I Change iil Book I AdJuste<I Ca ngValue 14
CUrre!lt I Interest I -Dates 9 1~ I 1~ I 1~ 16 I 1? I 18 I 19 I 20
]iitlltt~i If If ::~;~}~J~~i~i~JI I li~lll i35,343.173 1~_,ZMi~73. 136. 117,101 29.:w Y.XX xxk ixx 1.11[,fil 1J<!t_W
21 I 22
Staled Contractual
Maturity .A uited Date
... D8120/201B .... ... ,06.108/202L
,Jgg;;~1L ... 05/231201.7 ... . .... 11/13/2018 .. ~ . .... D3i ,u,.u,u., ..
=:~m:~1~:: :::mm~~:::: XXX ill'
• .. 07111i2001... .... 01/0.1/2032 .. ..
... «12115/2016 •. , .... 06i0112032., ..
... D5115i2D!ia ... ... 00/01/202L..
... Jl/15/2016 .. , ... 06/0112019 .. ..
... J)511412002. ...... 09./25!202:L
... .12115/20.16 ........ 02/2512024 ... ..
.. ..12115/2016. ...... li61011.2029 ... .
ANNUAL STATEMENT FOR THE YEAR 2018 OF THE Bankers Life Insurance Company
CUSIP I I
• Codes _j 314~
F
6
0
r e j
lgl Bond
7
Actual Cm>t.
}9.,021,0!P
176.767,289
SCHEDULE D - PART 1 Fair Value _
a I s
Rate Used •ta Obtain
Faii'• Va!M_e.
Fair Value
Showin 10
Par Va~
Bookf Adjusted Carrying
Value
w; "7,687.2191 3$;998,868 I "~_.02JUi05
XXX. i14,;J63.539 I 1tr.12e;4211 11a,510,2-0:i.
12
Unrealized Valuation Increase/ Decrease
0
Current Year's (Ani!>rllzailonV
Ai:creVon
2i,129
1n 14 1~
Current Year's. Total Other Foreign Than Exchange
Tempritary Change lmpalrmem In. R niZed BJA.C.V.
.o
16 1? 18 19 20
Admitted Amount Effecilve Amount Rec.
Rate :Rate= When Due&· During of of Paid: Accn.led Year
·~ ~L XXX 707.572 147 472
xxr 1.870,841 1,24?.796
21 22
Staled COntracruat
Maturity .A ulred Dallr
XXX XXX
xxx XXX
I
rl··· ........... L .... ~ . .J ......... J.~ri L .... mJ~~ ·.:·:_::·~f· .. ··············· ......... t - 11.753 K;_c:]I
11,956 XXX 11~
Value Interest Dates
·::::f~f~~ ::::::U~:~ ::::J]~:1il :::·:·:::~:::~::=:::::r :::·::::::·::::::·::-.:::::J :::::::::::::::··:·::::::o ·:::::::::::·:Jr ::::::::t~ :::=:-:J~ J;L::::::::~:~· .... _.J32.,979
;f ]j:; \~'.l~im :+liiffl :::~:i::=:i::~~J :::::::~~::::~:~:::::;j ·'.=i'.:'.::'.i::!] }\II~] E]!ffl \}Ill II'.'. f Ef {iii :;;;;;t~:r~ t::
rn ...,,, O: c,., ~11:1 IiiiliJII ~1~ ;~ii ti~] I!~I!i ii :1~11~1 --.i
=-,,,,,,,,,·o· ~'·""""O
•·--···············-·"-0 t,-----················ ···· ...... o , .....•. · ......... o ·-··-· · .... · .. · .. ,n
39,241.914 108.985.997 296,744,72\l
XXX XXX m
37.900.180 107 .848.124 292.912A91
39,1913.BliB 110,044.580 297,@]J0J
39.235,174 100.11g,983 296~0;!4,424
D.
·········-········· .... ····•·•~ ..... ····-·"·" ...................... = ·-······--·· ... ····•·· ,.,. ...... .... 09i12J2022.. (390 78411 XXX '6 531.975 XXX. 1.299 217 XXX XXX XXX (390,78411 XXX XXX XXX 1.299,217 6,531 ;975· XXX XXX
xxx· .. 0. XXX XXX XXX 1.204,543 1.353 438 XXX I
XXX 47 B43 58.an XXX XXX XXX XXX
o I ol XXX XXX 110,144 156,612 .xxx XXX XXX. xxx. XXX 6,531,975 59.400 I 1390.784ll XXX XXX 1.299,217 XXX
59AQQJ__ (:19().784) xxx~ _¥X , ·XXX: _ J.261.746 8..J!!</.1Q1_ -- XXX JXX.
ANNUAL STATEMENT FOR THE YEAR 2018 OF THE Southland National Insurance Corporation
SCHEDULE D - PART 1
4 I 3 F 0
CUSIP·
.. , ........... .6.358 1,m
,732
Fair- Carrying
____
ShQWing All Long-Term BONDS Owned Oecetnbi!f 31 of Curll!nt Year 1 ... ,,.,.__ .. FalrV:~!!l.1e 10 I 11 Chan io.Book/.AdustedGar n Value CM"" 7
ii s I a 12 13 14 15 ,o I . C!Jtreot; ..
I ,o I
Year'sOlher
ReleUsed Book/ Unreailzed Than ·l<fObtilin Adjusted Valuation Tempaia,y
Actual lflcrea'sel 1111p;,1rmen1 Rate I :Rate· !When I Cost ReCOgnlzed 0-•· ==o
·p:1
Admitted Arrioi.Jnt: Due.&
.Dates 20 21 22.
Amount Siated ReC. contractual
During Maturity
:6J:~J ~~;,f~ii'iifo::::::::::::::::::::: ::::::: ::fr::::::::::::::::: ::::::Jrk:. ::::::l~:~:~ ::::::m~:~ :::·::U~:: 1:::::1&:~:~ ::::::l&:roo:: i-··-···--l 1······-··-··· ·! r»··-:! !:::::::::::::::::J ::::::J~ l:::::::::::Ut l:::~t :::::::::::57::.~~ ::::J~K: ::::l::l:::::U~:~ .... , ............ J .......... O ............... J .:::::::::::::::::::8::::::3:~ ::::::~::u~ ::::NJo~:::::::,:::JltfJ ,s ....... , ii!t!l S1i~1s~·w~~~·::;~~:::::~::· :t :::::::t::~:: ::::::Jt:::: .::j;5:!. :=:~1!J! ,._ ....... 5,80!!.66~ ........ 5,969,849 ..•..... 5,989,849 ..................... ,., .• :0 .. : ............................ 0 ........ , ......... , .• ••:·••.,O ..• , ................ 0 .,.~ ..... 4.,52$ ........ ,...4,523 . .,.N/A ................ 24,519
05777ii•AA-6. BILDllN ASSET M.ANAGEMENT, INC ....................................... 2PlGI .•...•... .J0.,890,043 ..••.• 100.6900 ..... J0 •. 965.184 ••. ,..10.,890,043 ..•...• 10,890.043 ........................ 0 .............................. 0 .......................... 0 .••.. , ......... .a ••• D ........ ,5.413 .......... .5.413 ... NIA .• .......... .1()4.500 OAM!SCUS ·ASSET ·IIANADNT. .. ........ 0 ~~--~---· 23tlo·:.AA_.t INC............... .. if ...................................................... 2~LGJ ........... 9,070,.7ll0. . ....... 95.·f·OO· ·•·· 8.6~r445 . ,.9.070,790 • 9.070,790 l'~ • ... • .. .. 0 l--- ............ 0 l--· ......... 0 l ..... 4.422 l .... .4.422 l.,NIA..j •·. 65.748 l•· .. 2~3.357 l .11/15/2017 l·--12131/2027. 2941211 Mo. ~J:Jf~~~~~Nt~· ..................................... 2 LG ......... .10,083.200 ........ .95. 20Q ....... 9.6, .725 .... ..10,083.290 ..... .10,083.290 0 ..................... 0 ............... _ 0 ....... 4.436 .......... 4.436 ... NIA .......... 11,671 ...... 362,097 . .11/16/20R .. _f2/31110Zl ..•.
34810il·M•5. INC:.. .......... :.: ............ : ....... : ...... , ........ , .............................. 2PLGL ......... 9,271.521 ....... DS..9800 .•...•. 8,898.806 ...•. 9.271.521 ..... 9.271.521 0 ........................... 01 ·· ·"······•·• ........ D ( ..... , .. A.441 [ ........... 4.441 I .... NIA •. J ............ .61.667 [ ....... JB0,619 [ ... J1/17/2017 .•. J .. J2/31/2027 ..•.
.400!)5#-M,6. :tI°.'.'.~~E: .. ~~~~~: .. :1.~-. ............. ~ ........ 10.101:648 ....... Jll,.2708 .... 9.724.857 ...... 10.101,648 . 10.101,648 ................... , ... 0 1----·0 ~ .................. 01 ........ .5.700 ,,, ......... 5.789 , .... N/A ... j ...... _ .. 109,142 ( ....... .730.000 l ... 02/02/2018. l .... 12/31/2028 ... . l)iOtl CIT.V ASSET !MNAGEilsl'IT.
... -·--· -· __ o , ...................... o., .......... 5.789 , ........... .5.789 , .... NiA .•. j•••·•·>·•··•.56,720 t ....... M5;094 t.,.02/02/2018 .... ~ ..• '12/31/2028 .. ,.,
......................... 0 .................... 0 ........ ~.!!(IQ ............ 5.900 ••. :NIL , ........... tQS.787 ._., ... .642;952 .... J1/0112()t7 ..•. .,..12131/202] ... . =:~l J~~i~:i~Si :::::::: ::::: :::::::::::::::: ·::::::2~E'=:· ::::::::H~;ti :::::!:i :::::t~:u! ··:·.:~H~tti ::·::t::: : ::::::·::::: ~::::.::g m ..... ...... ...•.. ..... 0 ................... D ........ ~.789 .......... .5.71!9 .•. Ni~ ............. liS,095 ...... ,.A12;861 ... D2/0,1201B.., .... .!2131/2028 .. .. ..... ·o: 0 I•. ••.,··•••·.·••-•.o: (Tl
, ........................... o l ............................. :78 i ......................... o I ................... o "'" _. ___ .... O L............ ..122 917ll. .... .. ........... 0 L.. ................ D
................... ·--···o ,;:;;:~ 1 R985J
~· 25,824
77.7fil!.,_®ll_ XXX
·- ........ 0
, ............. 0 ~-~o
D o_
.918 ....... _ .. 11
'7.497! 31,336.
XXX XXX· 363.263 XXX XXX 1.1::~: xx xx 697.881 XXX 11.482/W m
As Amended
and Re-Filed
22
ANNIJAL STATEMENT FOR THE YEAR 2018 OF THE Colorado Bankers Life Insurance Company
SCHEDULE D - PART 1 ·f I 2 L Codes 6
3T°4- ~. F 0 r NAIC e Designation I alidAdmin-g Bond Isllative
Code ii CHAR s bol
·7
Actual Cost
Showln All Lon ,Term BOND.S Owned o~ember.31. of Current Year Fair Value 10 11 Chan iil Book/ Ad usted Ca Value lnlerosl Dates
8 9 12 1.~ 14 1~ 16 1? 18 19 20 21 CUtcent. Y&ar's.· Other
Rafe Used Book/ Unrealized ·Toan Exchange hl 6d Admitted
I Amount
I to Obtain Adjusled Valuaf10n Currenl Year's Temporary Change Effective Amount Rei:.
Fair Fair Par Carrying Increase/ (Amortlzalion)I 1mpairmant In Rate Rate When. Due. & Durtrig Value Vale Value Value Decrease .Ai:cretiM Reco nlZed B.IM:.v. of _ of . Paid: .... AcclWd )'ear Acquired
, ................... , ..... ,-.. , ... ~: ..... ,.., .•.•..••. 20,M!4 f ............... ,,.·--·--·,--·,f--,.•····•,··----,·--·--1 1------f~----J--,-........ ··,.,.·,,.v f--•· ....
l•···· .. ················•···t::·:::::::::::::::·:·:::::Joi'l~:::::::::::::::::::::::~:f :::::::~::~:::::~~: .:::::::::::: m _.,, ... ..2a,176,P69 j ... .. iB,121 ,232 1 ..... 28,i?l .232
0
~
" "ii 1:iii ;~:ii :E:ii ;:~~=:i ~i~::;l::_::;~;~;~=~~;I;:,Ji
I ~led Contract~at Maturity
OJi!Jf
.~::=::::;:: •:::~::: ::~::;:::~:::· ::::;:!::~:: ::~::[~;;:;!!:;:::
:~~~ :_i~~ii~:::: 1=1-~=:::: .,,,,l!HIB.977 L ... 31.Q:i<i.~4L .. ,,31..Q;l6.7n ................. __ ~8' ~ .. ,,.,,~ . .I!l!/.L.,,,,,, .. ~.I!l!/ L .. ,N/LL.=~~.,().1(!·
., .. 29,039,034 , ..... 37 ,554.297 ...... .,5,352.478 .... .!!8,773,160
f. : .•... : ............ •·•·--:t··•· ..... · · · .. ----:· .. ·-~· 1., ....... : ... :~··::·::··=t-··::::::=:::~·~:;3::~:-:~i:ffl t::::~li t~::~tt~:::·~:'11:a·
..... ;5,554
20.9.12 0. '272,112
·1 I 2 I Codes TT4 ~
F 0
r e j
g Bond. n CHAA
m -->. C,: (,) c.>
·t ·
6
NAIC Designation andAdrnin-
Islratlve s bol
ANNUAL STATEMENT FOR THE YEAR 2018 OF THE Colorado B1mkers Life Insurance Company
SCHEDULE D - PART 1 Showln All Lon °Tem, BOND.S Owned D
7
Actual Cost
F.alrValue ·B 9
RaieUsed to Obtain
Fair Fair-Vafue Vall!~---
.......... 977.525
12
Unrealized Valtiali<>n increase,
__ (Q~-~~ase
mber31 o[Cu!fflnt Year Chan iil.Book/Adl/ste<ICar n Value
1~ 14 CUtre!ll Yea(s Other Than
current Year's Temporary (AniOrtlzali<>nV lrnpalrmenl
Accretion ReQQQrilzed
Interest. Dates w 17 18 1~ 20 21 1~
Total Foreign·
Exchange Amount Change Effective I ~ Amciiinl Admme<I ReC.
10· Rate During R:e ~~n _ !:!i B./P.,Q.V. of Year .A uired
. ...... 8.619 I .... NIA....I.. ........... 21).075
-:::C::l:l ::,cl:::~ :::i:i:::i:: r===:·--r--•-- ----1--=:::::''~t:::·::::·:::·::::::t::::::::?:m t=:=::3::~ t;::i~:]::::::::·:J:~~· t:::~::::::~~ .... ,15.774,a~ .... J5,!16Q.ooo ....... 15;9®,ooo ...... , ............ , ........ , .................. , ................ , , .......... , .... , ........................ , ....... ... , .. , .. 1 .~.53 .......... .7_.91!1 .. !IJSD ......... , ... Ao,529 ........ n2:r3r .•. ..14.~1.1sg ...... 14 ... 811.~03 ...... 14 .. 817,76!). __ ................ ___ , _____ -=:-------------- ______ . -~"-"' ______ ,., ---'!-- •-· ·--"'•'" .. m,m ...... 13Jl52,40 ..... ..14,000,000 ...... 1J,8p6,6~ ... ,, ......................................... __ .... ,6,~ .................................. , .. _, ..................... , .. 7.881 ........... 8.124 ..• .li\fJo'!. .............. .66,Slil) ........ 11;1,781
10 11
Book/ Adjusted
Par Carrying Value Value _
......... 987,399 .. .
r,Gl. .• .i.. ...... 5;547,8271 .... , .. ll6.5200 1 ...... .5J!54,762 ....... 5.547,827 ...... Ji.547,827 . ... .. . .. . . . . . . . . . 2.218 ......... 12,391 .... NIA. .............. .65,626 ....... A71,936
. . .. ~f!.~.- :::::1;:~ :::::Jrn: ::::IJ~J~i ::;j:::~ :::,:1~:~ :: .......... · .. : ... ::: ... :::::. ~::.(.~~,01. .:::::::::::::.::.: .. :.~: ... ,. ---1 __ ..,,___J __ J.000,000 __ _,,_.,.. --"·'"·"' --"·""·" ..... , ....... ~- - - -- . . . .. .. ... .. ... .
............... ::::~jrt::4::::a:~t! ::?Ut ::JH1H1t ::Ji::a:: ::~:;~:;J! :·ii:i:i:~;~:::i;;il:::..:·:.::.: .. ::·:::::• :·:::::.:: .. :·.:·:::·:::: .. 3/'L ...... ,96.5900 ( ........ 3;988.047 , ...... 4.128,840 ! ...... A.128,840 ~
'.mi ::..-::J~ J!L .::::.::::~:~i ·:::.~:tt: .... ..... ... __ ,,. ..... ___ ,.,,, . ·---.. 52,377
lm ::::·::::Ii :::~li<::::i::::1~1:m :;::2:;:rsi .... ........................... ,NIA. .............. .66.06.1
12,623.716 I s1s,11a.030 I 268,052.979 I
XXX
XXX' XXX
I 12,509.551 I 9:542 442 I 12,505,028 I I 506,00,0,2 I 518 463.991 I s12,a1a 110 I I 262,BJ2,!lW I 261,4!>5,061 I' 266,155.930 I
0
0
0 0
1188.537)
(237 5531
234.541 55,127
0
0
0 512 262·
0
0
r2;053Jl7~ !2&10 .. 320
m .XXX
XXX ,xx
)XX
XXX
XXX iXXX
XXX
XXX
XXX' r.ix
2&.619.
68 743
·8,100.514 2.659'438
400.952
427,2.11
·3,029 41!3 )5.002.,912
XXX
XXX
XXX XXK~~
22.
Siated Contractuat
Maturity Date·
XXX
XXX
ICXX XXX
ANNUAL STATEMENT FOR THE YEAR 2018 OF THE.Bankers Life Insurance Company
SCHEDULE D - PART 1 ShoWl!l
·1· Codes FalrVa.h!_e lnlerest 7rs
10 Dates 15 1a·· · fr 1n'°"'""79 ··20 21 ·1 . 22
·F ·o
Book/ ,Amount Staled
j Adjusted Rec. Colltr:actoal Fair f Par Carrying Rate During Maluiily
V31ue Value Value of cc ..... ,:ili/2)i10 ,.,.,.·.,a~00.000: ,
:::~:1.:::~:r~ .... , .. ,-.. 403.1.17 ·
[~:?1::~9.I:~J 1· ·-~;,.~..1 ASO .~,,..1.62~
:=~ .. ~:;;:'·::'.OH~ 1: .................... : .....
:::~:t:J:ili ,__ ____ ....., t
__ _ ,., ... ,.,,,., .. '•+• ... , ... ,, ...... -.., ... ......... S.125
\~j~~ ;;::;.:;.:;[i ,i:,-...... ~:~~
.151i
.":l75 , ...... J ,278.938 ....... J .2!ill,000, ........ 1.281,241 .750 ............. '1,978 .. :: .... ·., ... 2.oc-0: .............. 2.005 2.'fE-0 , .. . , ...... , .... ~.788 ,.,cc,..: .. , .... S,C,00• ............. ,.~.907 .~ •. ,~.23! ...... ···::,,)0t~;1
.1,529.205 ....... 1,5(10.000' :s9t~i ........
.... : .. 1,532:396· ;::.::::1 · ·;:~•
1 I· --+--.......:... r·"""Ji.250 .. ........ u,;o !!~ · .,., ........... .. ,§Q
11s.~2-!l,2mL 11~,1ss.w X1-X XXX 1)~1,0.\~ Y.Y.X
~.:r:.~::~:::::" ·::::·.~ ·~::., ....... ,.,,., ... ,J75, 183 I .. """, ci75. 101 }..... ...1a·1.146· ... , ........ ,,.,, .. ,..,,, .. . 1 ..1.oop , ..... " .. .:7.568 kNl>,.,I, ...... ,.13.900 ..... 1,.165 , ... 0711112001.. 1- .01/01/2032 •• ,
4 .. -- ·1--· ... JFE. .... 536,067, ..... , ...... 510,540 , .......
.... 100.0000 510,5401· .... .525,294 , ................ r ................... ~620r ...................... .,7,7:i) l ......... J .4. 09 I .... NiA..l ........... 29.675. .8J51 l .... J2/15i2016. ... l ... 06i0112032....
m FHA PASS TH!fJ~R li\lAC !llii'!H . . . .. . ...4.. . .!FE ...
! ...... .. .. 13,300 ... 100.0000 . . ... 13.203 ... ,,'" .. 13,203 .. .. 13,220 • .. . ....... ·:::•· .. · .. :·, .... , ... , .• :·•'6) ., .......... , .. ,,:·-:·.::·", ....
r ., .. :,,,,.,:::""'.,.,,-,.,
................ , ......
...... .7.4JO ,, .. , ....... ] .370 ... NA.., .• , ... , .. ,.,,.,, .... 148
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CUSIP·
3-
0 r e i g I Bond·
ICO\!el n I CHAR
NAIC !Designation ai'ldAdmin
lsltatlve
i I iates •• .Orne, Loan-Backed .. IRS I I I ~
ANNUAL STATEMENT FOR THE YEAR 2018 OF THE Bankers Life Insurance Company
7·
Actual
39.021,@
76. 100,379
SCHEDULE D .. PART 1 i3_hQWing All Long-Term BONDS Owned December 31. of. Current Year
fair Value 10 I 11 I Change in Book J.Adjuste,fcari ,ngValue Interest Dates s-r-·s 12 I 13 I 14 1~ 16 1? I 18 19 20 21 22 Cutren1 I I I I I I Year's.' Total Other Foreign
RaleUsed Unrealized Than Exchange Admitted Amount toObtain Valuation curient Year's Tempofary Change Effective. Amount ReC.
Fair Fair lncreasal linpillrinenl (AniortizationV In Rate Rate When Due& DLlring ValQ_a Accretion Recognized Value 'Dec~~~ B,/Jl..C.V. of or Paid. Accrued Year
' .... ,3,8!l1,790 ......
XXX 37,®7,2.W
XXX 75,@J,624 78,099,333 1,324.398;
...................... 0 ........ 0 ............ ..::JL::::::::::::::::::::i L::::::·.::=::jl::::::3:~ L:::::3:~~ L:1L:L:.~::::m:I~
l-'-'---0 .................. 0
......... 0
~ ........... J t::::::::: ==::::1
0 .XXX XXX . XXX. 1~1]
ANNUALSTATEMENT FOR THE YEAR 2018OF THE Southland National Insurance Corporation
SCHEDULE D .. PART 1 Shl!Win
COdes 7 FalrValue 10 v~~~-·a ~ 12
Rate Used •to.Obtain j ·Fair.
Value .~ .. 115;3000
xxx. XXX
Fair value
........ S/65 ............. 0 7 ,1!()_2 7,002
Par:
Unrealized Valuation Increase/
Q
D8Cle8Se·
Current Year's (Amoltlzation)I
Al:cli>tion --"'-••-··-..... -·--•J.1J2,
1~) f5i)
Interest ,Dates TT4T"s f? 19 20 21 22
F 15 16 18 l I I I I I I I
0 Total NAIC Foreign
Exchange Admitted Amount Stilted Change Effective Amotint: ReC. COntraduilt:
In. CUSIP Actual Rate Rate When Due.& Mattnity Duriil~ Paid. Cost BJA.C.V. Of of Year Acauired Dale .Aci:rued
.............. JLJ58 ....... " ....... _.,O ...... J.650 .......... .4 .•. 114 ••• ~ ••..••• 383" ... MIL. . ............. ~...64 •. .l2/23/201L .•. Ji5101/2025.... 7,732 XXX 0 XXX XXX ~69 xxx. 68 XXX
.732 XXX 68· 0 XXX XXX 41i9 XXX XXX
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.,. •. .,8.6~3.MS .....•.. 9.070;790 ··"· ,il.070,790 J·--······•··--···•• ...... 0 1··""·
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£ 0
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ffi 697,881 XXX
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