ANNUAL STATEMENT

OF THENATIONAL TITLE INSURANCE OF NEW YORK, INCof

STATE OF

TO THE

Insurance Department

OF THE

FOR THE YEAR ENDED

December 31, 2021

NEW YORK NEW YORK

TITLE

2021

ASSETS

Current Year

Prior Year

1

Assets

2

Nonadmitted

Assets

3

Net Admitted

Assets (Cols. 1 - 2)

4

Net Admitted

Assets

  • 1. Bonds (Schedule D)

    ...................................................

  • 2. Stocks (Schedule D):

    • 2.1 Preferred stocks

      .................................................

    • 2.2 Common stocks

    .................................................

  • 3. Mortgage loans on real estate (Schedule B):

    3.1 First liens

    ......................................................

    3.2 Other than first liens

    ..............................................

  • 4. Real estate (Schedule A):

    • 4.1 Properties occupied by the company (less $

      0 encumbrances)

      ...........

      .....

    • 4.2 Properties held for the production of income (less $

      0 encumbrances)

      ...........

    • 4.3 Properties held for sale (less $

    0 encumbrances)

    ...........

    ..............

  • 5. Cash ($

    4,089,473, Schedule E - Part 1), cash equivalents ($

    ...........

    ...........

    8,774,243,Schedule E - Part 2), and short-term investments ($

    0, Schedule DA)

    ...........

    ....

  • 6. Contract loans (including $

    0 premium notes)

    ...........

    ......................

  • 7. Derivatives (Schedule DB)

    ...............................................

  • 8. Other invested assets (Schedule BA)

    .......................................

  • 9. Receivables for securities

    ...............................................

  • 10. Securities lending reinvested collateral assets (Schedule DL)

    ......................

  • 11. Aggregate write-ins for invested assets

    ......................................

  • 12. Subtotals, cash and invested assets (Lines 1 to 11)

    .............................

  • 13. Title plants less $

    0 charged off (for Title insurers only)

    ...........

    ...............

  • 14. Investment income due and accrued

    .......................................

  • 15. Premiums and considerations:

    • 15.1 Uncollected premiums and agents' balances in the course of collection

      ..........

    • 15.2 Deferred premiums, agents' balances and installments booked but deferredand not yet due (including $

      0 earned but unbilled premiums)

      ...........

      .....

    • 15.3 Accrued retrospective premiums ($ 0) and contracts subject to

    ...........

    redetermination ($ 0) ..................................

    ...........

  • 16. Reinsurance:

    • 16.1 Amounts recoverable from reinsurers

      ..................................

    • 16.2 Funds held by or deposited with reinsured companies

      ......................

    • 16.3 Other amounts receivable under reinsurance contracts

    .....................

  • 17. Amounts receivable relating to uninsured plans

    ................................

  • 18.1 Current federal and foreign income tax recoverable and interest thereon

    ..............

  • 18.2 Net deferred tax asset

    ..................................................

  • 19. Guaranty funds receivable or on deposit

    .....................................

  • 20. Electronic data processing equipment and software

    .............................

  • 21. Furniture and equipment, including health care delivery assets ($

    0)

    ...........

    ......

  • 22. Net adjustment in assets and liabilities due to foreign exchange rates

    ................

  • 23. Receivables from parent, subsidiaries and affiliates

    .............................

  • 24. Health care ($

    0) and other amounts receivable

    ...........

    ....................

  • 25. Aggregate write-ins for other-than-invested assets

    ..............................

  • 26. Total assets excluding Separate Accounts, Segregated Accounts andProtected Cell Accounts (Lines 12 to 25)

    ....................................

  • 27. From Separate Accounts, Segregated Accounts and Protected Cell Accounts

..........

28.

Total (Lines 26 and 27)

115,242,242

.............

.............

.............

.............

.............

.............

.............

.............

12,863,716

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

115,242,242

.............

.............

.............

.............

.............

.............

.............

.............

12,863,716

.............

.............

.............

.............

.............

.............

108,302,479

.............

960,000

.............

.............

.............

.............

.............

.............

.............

2,769,092

.............

.............

.............

.............

1,381

.............

.............

128,105,958

.............

460,000

.............

757,849

.............

252,415

.............

.............

.............

.............

.............

.............

.............

314,752

.............

4,824,555

.............

112

.............

1,959

.............

324

.............

.............

228,481

.............

.............

1,682,729

.............

.............

.............

162,444

.............

.............

.............

.............

.............

.............

.............

.............

3,584,279

.............

.............

1,959

.............

324

.............

.............

.............

.............

3,416

128,105,958

.............

460,000

.............

757,849

.............

89,971

.............

.............

.............

.............

.............

.............

.............

314,752

.............

1,240,276

.............

112

.............

.............

.............

.............

228,481

.............

.............

1,679,313

112,032,952

.............

690,000

.............

716,659

.............

23,827

.............

.............

.............

.............

.............

.............

.............

.............

1,036,724

.............

112

.............

.............

.............

.............

1,187,578

.............

.............

1,614,472

136,629,134

.............

3,752,422

.............

132,876,712

.............

117,302,324

.............

136,629,134

3,752,422

132,876,712

117,302,324

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

..............

DETAILS OF WRITE-IN LINES

1101. 1102. 1103.

..................................................................

..................................................................

..................................................................

  • 1198. Summary of remaining write-ins for Line 11 from overflow page

    ....................

    NON

  • 1199. Totals (Lines 1101 through 1103 plus 1198) (Line 11 above)

.............

E

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

.............

  • 2501. Cash Surrender Value of Life Insurance

    ..................................................................

  • 2502. Prepaid & Other Assets

..................................................................

2503.

..................................................................

  • 2598. Summary of remaining write-ins for Line 25 from overflow page

    ....................

  • 2599. Totals (Lines 2501 through 2503 plus 2598) (Line 25 above)

1,679,313

.............

3,416

.............

.............

.............

3,416

.............

.............

1,679,313

.............

.............

.............

1,614,472

.............

.............

.............

1,682,729

3,416

1,679,313

1,614,472

..............

..............

..............

..............

..............

..............

LIABILITIES, SURPLUS AND OTHER FUNDS

1

Current Year

2

Prior Year

  • 1. Known claims reserve (Part 2B, Line 3, Col. 4)

    .................................................

  • 2. Statutory premium reserve (Part 1B, Line 2.6, Col. 1)

    ............................................

  • 3. Aggregate of other reserves required by law

    ..................................................

  • 4. Supplemental reserve (Part 2B, Col. 4, Line 10)

    ................................................

  • 5. Commissions, brokerage and other charges due or accrued to attorneys, agents and real estate brokers

.......

  • 6. Other expenses (excluding taxes, licenses and fees)

    ............................................

  • 7. Taxes, licenses and fees (excluding federal and foreign income taxes)

    ...............................

  • 8.1 Current federal and foreign income taxes (including $

    0 on realized capital gains (losses))

    ...........

    ......

  • 8.2 Net deferred tax liability

    .................................................................

  • 9. Borrowed money $

    0 and interest thereon $

    ...........

    ......................................

    0

  • 10. Dividends declared and unpaid

    ............................................................

  • 11. Premiums and other consideration received in advance

    ..........................................

  • 12. Unearned interest and real estate income received in advance

    .....................................

  • 13. Funds held by company under reinsurance treaties

    .............................................

  • 14. Amounts withheld or retained by company for account of others

    ....................................

  • 15. Provision for unauthorized and certified ($

    0) reinsurance

    ...........

    ..............................

  • 16. Net adjustments in assets and liabilities due to foreign exchange rates

    ...............................

  • 17. Drafts outstanding

    .....................................................................

  • 18. Payable to parent, subsidiaries and affiliates

    ..................................................

  • 19. Derivatives

    ..........................................................................

  • 20. Payable for securities

    ...................................................................

  • 21. Payable for securities lending

    .............................................................

  • 22. Aggregate write-ins for other liabilities

    .......................................................

  • 23. Total liabilities (Lines 1 through 22)

    .........................................................

  • 24. Aggregate write-ins for special surplus funds

    ..................................................

  • 25. Common capital stock

    ..................................................................

  • 26. Preferred capital stock

    .................................................................

  • 27. Aggregate write-ins for other than special surplus funds

    ..........................................

  • 28. Surplus notes

    ........................................................................

  • 29. Gross paid in and contributed surplus

    .......................................................

  • 30. Unassigned funds (surplus)

    ..............................................................

  • 31. Less treasury stock, at cost:

    31.1 31.2

    0 shares common (value included in Line 25 $ 0)

    ...........

    ...........

    ...................

    0 shares preferred (value included in Line 26 $ 0)

    ...........

    ...........

    ...................

  • 32. Surplus as regards policyholders (Lines 24 to 30 less 31) (Page 4, Line 32)

    ............................

  • 33. Totals (Page 2, Line 28, Col. 3)

1,592,816

....................

76,544,746

....................

....................

....................

....................

909,094

....................

2,448,211

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

936,754

....................

67,651,137

....................

....................

....................

....................

565,109

....................

2,153,663

....................

210,399

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

....................

81,494,867

.

71,517,062

....................

1,919,236

.....................

....................

....................

....................

8,913,143

....................

40,549,466

....................

....................

....................

2,014,516

....................

....................

....................

....................

8,988,478

....................

34,952,883

....................

170,615

....................

51,381,845

45,785,262

132,876,712

117,302,324

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

DETAILS OF WRITE-INS

0301. 0302. 0303.

....................................................................................

....................................................................................

....................................................................................

NONE

  • 0398. Summary of remaining write-ins for Line 03 from overflow page

.....................................

0399.

Totals (Lines 0301 through 0303 plus 0398) (Line 03 above)

....................

....................

....................

....................

....................

....................

2201. 2202. 2203.

....................................................................................

....................................................................................

....................................................................................

NONE

  • 2298. Summary of remaining write-ins for Line 22 from overflow page

.....................................

2299.

Totals (Lines 2201 through 2203 plus 2298) (Line 22 above)

....................

....................

....................

....................

....................

....................

2401. 2402. 2403.

....................................................................................

....................................................................................

....................................................................................

NONE

  • 2498. Summary of remaining write-ins for Line 24 from overflow page

.....................................

2499.

Totals (Lines 2401 through 2403 plus 2498) (Line 24 above)

....................

....................

....................

....................

....................

....................

2701. 2702. 2703.

....................................................................................

....................................................................................

....................................................................................

  • 2798. Summary of remaining write-ins for Line 27 from overflow page

NONE

.....................................

2799.

Totals (Lines 2701 through 2703 plus 2798) (Line 27 above)

....................

....................

....................

....................

....................

....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

.....................

OPERATIONS AND INVESTMENT EXHIBIT

STATEMENT OF INCOME

1

Current Year

2

Prior Year

OPERATING INCOME

  • 1. Title insurance and related income (Part 1):

    • 1.1 Title insurance premiums earned (Part 1B, Line 3, Col.1)

      .........................................

    • 1.2 Escrow and settlement services (Part 1A, Line 2, Col. 4)

      .........................................

    • 1.3 Other title fees and service charges (Part 1A, Total of Line 3, 4, 5 and 6, Col. 4)

    ........................

  • 2. Other operating income (Part 4, Line 2, Col. 5)

    ......................................................

  • 3. Total Operating Income (Lines 1 through 2)

    ........................................................

    EXPENSES

  • 4. Losses and loss adjustment expenses incurred (Part 2A, Line 10, Col. 4)

    ...................................

  • 5. Operating expenses incurred (Part 3, Line 24, Cols. 4)

    ................................................

  • 6. Other operating expenses (Part 4, Line 6, Col. 5)

    ....................................................

  • 7. Total Operating Expenses

    ....................................................................

  • 8. Net operating gain or (loss) (Lines 3 minus 7)

    .......................................................

    INVESTMENT INCOME

  • 9. Net investment income earned (Exhibit of Net Investment Income, Line 17)

    .................................

  • 10. Net realized capital gains (losses) less capital gains tax of $

    1,158 (Exhibit of Capital Gains (Losses))

    ...........

    ......

  • 11. Net investment gain (loss) (Lines 9 + 10)

    ..........................................................

    OTHER INCOME

  • 12. Aggregate write-ins for miscellaneous income or (loss) or other deductions

    .................................

  • 13. Net income, after capital gains tax and before all other federal income taxes (Lines 8 + 11 + 12)

    ..................

  • 14. Federal and foreign income taxes incurred

    .........................................................

  • 15. Net income (Lines 13 minus 14)

    .................................................................

    CAPITAL AND SURPLUS ACCOUNT

  • 16. Surplus as regards policyholders, December 31 prior year (Page 3, Line 32, Column 2)

    ........................

  • 17. Net income (from Line 15)

    ....................................................................

  • 18. Change in net unrealized capital gains or (losses) less capital gains tax of $

    ...............................

    8,265

  • 19. Change in net unrealized foreign exchange capital gain (loss)

    ...........................................

  • 20. Change in net deferred income taxes

    ............................................................

  • 21. Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 28, Col. 3)

    ..............................

  • 22. Change in provision for unauthorized and certified reinsurance (Page 3, Line 15, Cols. 2 minus 1)

.................

  • 23. Change in supplemental reserves (Page 3, Line 4, Cols. 2 minus 1)

    .......................................

  • 24. Change in surplus notes

    ......................................................................

  • 25. Cumulative effect of changes in accounting principles

    .................................................

  • 26. Capital Changes:

    • 26.1 Paid in

      .............................................................................

    • 26.2 Transferred from surplus (Stock Dividend)

      ...................................................

    • 26.3 Transferred to surplus

    .................................................................

  • 27. Surplus Adjustments:

    • 27.1 Paid in

      ............................................................................

    • 27.2 Transferred to capital (Stock Dividend)

      .....................................................

    • 27.3 Transferred from capital

    ................................................................

  • 28. Dividends to stockholders

    .....................................................................

  • 29. Change in treasury stock (Page 3, Lines (31.1) and (31.2), Cols. 2 minus 1)

    .................................

  • 30. Aggregate write-ins for gains and losses in surplus

    ...................................................

  • 31. Change in surplus as regards policyholders for the year (Lines 17 through 30)

    ...............................

  • 32. Surplus as regards policyholders, December 31 current year (Lines 16 plus 31) (Page 3, Line 32)

176,207,425

.................

3,442,098

.................

4,758,017

.................

139,999,247

.................

1,177,193

.................

2,927,313

.................

184,407,540

.................

2,190,706

.................

168,200,179

.................

.

144,103,753

.................

921,346

.................

131,267,476

.................

170,390,885

132,188,822

14,016,655

11,914,931

2,118,741

.................

4,359

2,456,908

.................

(17,326)

2,123,100

.................

2,439,582

.................

16,139,755

.................

3,747,487

14,354,513

.................

3,315,787

12,392,268

11,038,726

45,785,262

43,054,364

12,392,268

.................

31,091

.................

.................

384,194

.................

(215,599)

.................

.................

.................

.................

.................

.................

.................

(95,280)

.................

.................

.................

(75,335)

.................

(6,995,371)

.................

170,615

.................

11,038,726

.................

(31,600)

.................

.................

343,188

.................

(288,814)

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

.................

(8,330,602)

.................

.................

5,596,583

2,730,898

51,381,845

45,785,262

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

..................

DETAILS OF WRITE-IN LINES

1201. 1202. 1203.

........................................................................................

........................................................................................

........................................................................................

  • 1298. Summary of remaining write-ins for Line 12 from overflow page

..........................................

NONE

1299.

Totals (Lines 1201 through 1203 plus 1298) (Line 12 above)

.................

.................

.................

.................

.................

.................

3001. 3002. 3003.

........................................................................................

........................................................................................

........................................................................................

  • 3098. Summary of remaining write-ins for Line 30 from overflow page

NONE

..........................................

3099.

Totals (Lines 3001 through 3003 plus 3098) (Line 30 above)

.................

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.................

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..................

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Disclaimer

Fidelity National Financial Inc. published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 18:36:47 UTC.