Form L-107 - Affidavit Of Managing General Agent Page 2

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CONTINUED FROM THE REVERSE
SECTION D
1. Did the MGA named in Section B produce and underwrite
¨
¨
insurance anywhere in the United States for the insurer named in
Transaction
Section A during the preceding calendar year?
Yes
No
Volume
2. What year was the PRECEDING calendar year?
____________
3. If the answer to D.1 is YES, enter the amount of total gross direct
written premium produced and underwritten by the MGA for the
Insurer during the PRECEDING calendar year.
If the answer to D.1 is NO, enter the amount of total gross direct
written premium reasonably estimated to be produced and
underwritten by the MGA for the Insurer during the CURRENT
calendar year.
$________________
4. If the answer to D.1 is YES, enter the amount of "total monies
handled" (gross written premium less gross return premium) by
the MGA for the Insurer during the PRECEDING calendar year.
If the answer to D.1 is NO, enter the amount of total monies
reasonably estimated to be handled by the MGA for the Insurer
during the CURRENT calendar year.
$________________
5. If the answer to D.1 is YES, enter the policyholder surplus for the
Insurer during the PRECEDING calendar year as reported in the
Insurer's Annual Statement.
If the answer to D.1 is NO, enter the estimated policyholder
$________________
surplus for the Insurer for the CURRENT calendar year.
6. Enter the ratio (with two decimal points - ##.##%) of gross direct
written premium to policyholder surplus (A5 divided by A3).
______________%
SECTION E
The total amount of the required deposit shall be 10% of the amount
in Section D.4, except no deposit may be less than $50,000 or more
Deposit
than $100,000.
AFFIDAVIT
STATE OF ________________ )
)
COUNTY OF _______________)
I, _____________________________________, being duly sworn, depose and say that the above statement is
true and correct to the best of my knowledge and belief.
_____________________________________________
___________________________________________
PRINTED NAME AND TITLE OF INSURANCE COMPANY OFFICER
SIGNATURE OF INSURANCE COMPANY OFFICER
_____________________________________________
___________________________________________
INSURANCE COMPANY TELEPHONE NUMBER
INSURANCE COMPANY FAX NUMBER
Subscribed and sworn to before me this __________ day of ___________________________ in the year __________,
_______________________________________
(Notary Seal)
NOTARY PUBLIC
My commission expires: ____________________
Page 2 of 2
Form L-107 (Rev. 12/2001)

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