CNO Financial : First Quarter 2024 Washington National Insurance Company

STATEMENT AS OF MARCH 31, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

ASSETS

			Current Statement Date		4
		1	2		3	December 31
					Net Admitted Assets	Prior Year Net
		Assets	Nonadmitted Assets		(Cols. 1 - 2)	Admitted Assets
1.	Bonds	............ 5,246,869,477	...................................	............	5,246,869,477	............ 5,248,017,819
2.	Stocks:
	2.1 Preferred stocks	33,780,983	...................................	.................	33,780,983	................. 33,780,983
	2.2 Common stocks	107,218,812	...................................	................	107,218,812	................106,279,461

3. Mortgage loans on real estate:

	3.1 First liens		100,945,856	...................................	100,945,856	102,140,004
	3.2 Other than first liens	...................................	...................................	...................................	...................................
4.	Real estate:
	4.1 Properties occupied by the company (less $
	encumbrances)	...................................	...................................	...................................	...................................
	4.2 Properties held for the production of income (less
	$	encumbrances)	...................................	...................................	...................................	...................................
	4.3 Properties held for sale (less $
	.......................................................................................encumbrances)	................. 41,196,376	...................................	................. 41,196,376	................. 41,204,460
5.	Cash ($	26,565,985 ), cash equivalents
	($	3,534,026	) and short-term
	investments ($	...................................	)	30,100,011	...................................	30,100,011	54,555,732
6.	Contract loans (including $	................................... premium notes)	18,859,495	4,877	18,854,618	19,042,695
7.	Derivatives		4,999,659	...................................	4,999,659	4,073,081
8.	Other invested assets	226,521,048	1,416	226,519,632	225,997,988
9.	Receivables for securities	5,568,694	...................................	5,568,694	...................................
10.	Securities lending reinvested collateral assets	...................................	...................................	...................................	...................................
11.	Aggregate write-ins for invested assets	...................................	...................................	...................................	...................................
12.	Subtotals, cash and invested assets (Lines 1 to 11)	5,816,060,411	6,293	5,816,054,118	5,835,092,225
13.	Title plants less $	charged off (for Title insurers
	only)		...................................	...................................	...................................	...................................
14.	Investment income due and accrued	62,713,189	...................................	62,713,189	61,987,629

15. Premiums and considerations:

15.1	Uncollected premiums and agents' balances in the course of collection	13,216,726	1,255,258	11,961,468	11,507,005
15.2	Deferred premiums, agents' balances and installments booked but
	...................................deferred and not yet due (including $
	earned but unbilled premiums)	2,484,458	...................................	2,484,458	2,710,759
15.3	Accrued retrospective premiums ($	) and
	contracts subject to redetermination ($	)	................................... ................................... ................................... ...................................

16. Reinsurance:

	16.1	Amounts recoverable from reinsurers	................... 2,175,001	...................................	................... 2,175,001	................... 2,363,891
	16.2	Funds held by or deposited with reinsured companies	...................................	...................................	...................................	...................................
	16.3	Other amounts receivable under reinsurance contracts	................... 4,709,473	...................... 978,846	................... 3,730,627	................... 3,605,575
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	................182,999,683	................148,909,729	................. 34,089,953	................. 38,182,114
19.	Guaranty funds receivable or on deposit	................... 2,371,338	...................................	2,371,338	2,467,565
20.	Electronic data processing equipment and software	60,916,216	57,280,492	3,635,723	4,537,167

21. Furniture and equipment, including health care delivery assets

	($	)	................... 3,349,220	................... 3,349,220	...................................	...................................
22.	.........Net adjustment in assets and liabilities due to foreign exchange rates	...................................	...................................	...................................	...................................
23.	.....................................Receivables from parent, subsidiaries and affiliates	............................. 169	...................................	............................. 169	...................................
24.	Health care ($	) and other amounts receivable	................. 38,218,299	..................37,771,721	...................... 446,578	...................... 486,204
25.	........................................Aggregate write-ins for other than invested assets	................... 1,070,643	...................................	................... 1,070,643	...................... 449,711
26.	Total assets excluding Separate Accounts, Segregated Accounts and
	Protected Cell Accounts (Lines 12 to 25)	............ 6,190,284,826	............... 249,551,560	............ 5,940,733,265	............ 5,963,389,844
27.	From Separate Accounts, Segregated Accounts and Protected Cell
	Accounts	................... 3,272,688	...................................	................... 3,272,688	................... 3,099,692
28.	Total (Lines 26 and 27)		6,193,557,513	249,551,560	5,944,005,953	5,966,489,536
	DETAILS OF WRITE-INS
1101.	......................................................................................................................	....................................	....................................	....................................	....................................
1102.	......................................................................................................................	....................................	....................................	....................................	....................................
1103.	......................................................................................................................	....................................	....................................	....................................	....................................
1198.	...................Summary of remaining write-ins for Line 11 from overflow page	...................................	...................................	...................................	...................................
1199.	Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)
2501.	Transferable state tax credits	.................................................................	................... 1,070,643	...................................	................... 1,070,643	...................... 449,711
2502.	.......................................................................................................................	....................................	....................................	....................................	....................................
2503.	.......................................................................................................................	....................................	....................................	....................................	....................................
2598.	...................Summary of remaining write-ins for Line 25 from overflow page	...................................	...................................	...................................	...................................
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)	1,070,643		1,070,643	449,711

2

STATEMENT AS OF MARCH 31, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

					1	2
					Current	December 31
					Statement Date	Prior Year
1.	Aggregate reserve for life contracts $	................694,256,727	less $	included in Line 6.3
	(including $	Modco Reserve)		694,256,727	701,098,633
2.	Aggregate reserve for accident and health contracts (including $	Modco Reserve)	3,681,453,198	3,654,248,404
3.	Liability for deposit-type contracts (including $	Modco Reserve)	852,333,657	860,958,793
4.	Contract claims:
	4.1 Life			7,324,322	6,650,677
	4.2 Accident and health			161,679,020	166,913,128
5.	Policyholders' dividends/refunds to members $	and coupons $	due
	and unpaid			...................................	...................................

6. Provision for policyholders' dividends, refunds to members and coupons payable in following calendar year - estimated amounts:

	6.1	Policyholders' dividends and refunds to members apportioned for payment (including $
		Modco)	...................... 454,653	.......................457,742
	6.2	Policyholders' dividends and refunds to members not yet apportioned (including $	Modco)	...................................
	6.3	Coupons and similar benefits (including $	Modco)	...................................
7.	Amount provisionally held for deferred dividend policies not included in Line 6	...................................
8.	Premiums and annuity considerations for life and accident and health contracts received in advance less
	$	................................... discount; including $	20,493,396 accident and health premiums	................. 20,554,627	................. 20,596,735

9. Contract liabilities not included elsewhere:

	9.1	Surrender values on canceled contracts					...................................	...................................
	9.2	Provision for experience rating refunds, including the liability of $	accident and health
		experience rating refunds of which $	is for medical loss ratio rebate per the Public Health
		Service Act						...................................	...................................
	9.3 Other amounts payable on reinsurance, including $	1,124,855	assumed and $	123,601
		ceded				1,248,456	2,122,810
	9.4 Interest Maintenance Reserve			123,788,879	125,845,696
10.	Commissions to agents due or accrued-life and annuity contracts $	2,428 , accident and health
	$	...................4,098,241	and deposit-type contract funds $	..................................................		...................4,100,669	...................4,610,190
11.	..............................................................................Commissions and expense allowances payable on reinsurance assumed				...................................	...................................
12.	............................................................................................................................................General expenses due or accrued					................. 11,040,971	................. 11,367,891
13.	Transfers to Separate Accounts due or accrued (net) (including $	accrued for expense
	allowances recognized in reserves, net of reinsured allowances)				............................. (96)	............................. (62)
14.	Taxes, licenses and fees due or accrued, excluding federal income taxes				................... 4,710,492	................... 4,893,894
15.1	Current federal and foreign income taxes, including $		on realized capital gains (losses)		........................ 95,725	................... 3,088,631
15.2	Net deferred tax liability						...................................	...................................
16.	Unearned investment income					...................... 211,641	...................... 231,512
17.	.......................................................................................Amounts withheld or retained by reporting entity as agent or trustee				...................... 299,297	.......................257,243
18.	...................Amounts held for agents' account, including $	...........................................1,186,859 agents' credit balances		...................1,186,859	...................1,050,940
19.	........................................................................................................................................Remittances and items not allocated					................... 5,964,123	................... 3,012,156
20.	Net adjustment in assets and liabilities due to foreign exchange rates				...................................	...................................
21.	.......................................................................................Liability for benefits for employees and agents if not included above				...................................	...................................
22.	Borrowed money $	and interest thereon $	...........................................		...................................	...................................
23.	.......................................................................................................................Dividends to stockholders declared and unpaid					...................................	...................................
24.	Miscellaneous liabilities:
	...................................................................................................................................................24.01 Asset valuation reserve					................. 79,502,907	................. 76,156,762
	...................................24.02 Reinsurance in unauthorized and certified ($	.......................................................) companies		...................................	...................................
	24.03 Funds held under reinsurance treaties with unauthorized and certified ($	................................... ) reinsurers		...................................	...................................
	24.04 Payable to parent, subsidiaries and affiliates					................... 7,886,690	...................8,106,604
	...........................................................................................................................................................24.05 Drafts outstanding						...................................	...................................
	............................................................................................................24.06 Liability for amounts held under uninsured plans					...................................	...................................
	........................................................................................................................................24.07 Funds held under coinsurance					...................................	...................................
	24.08 Derivatives						...................................	...................................
	24.09 Payable for securities						................... 2,217,910	...................................
	.........................................................................................................................................24.10 Payable for securities lending					...................................	...................................
	24.11 Capital notes $	and interest thereon $	...........................................	...................................	...................................
25.	Aggregate write-ins for liabilities				15,430,479	14,454,737
26.	Total liabilities excluding Separate Accounts business (Lines 1 to 25)			5,675,741,206	5,666,123,119
27.	From Separate Accounts Statement				3,272,687	3,099,692
28.	Total liabilities (Lines 26 and 27)				5,679,013,893	5,669,222,811
29.	Common capital stock						25,036,850	25,036,850
30.	..............................................................................................................................................................Preferred capital stock						...................................	...................................
31.	..........................................................................................................Aggregate write-ins for other than special surplus funds					...................................	...................................
32.	............................................................................................................................................................................Surplus notes						...................................	...................................
33.	.......................................................................................................................................Gross paid in and contributed surplus					................968,375,943	............ 1,006,375,943
34.	Aggregate write-ins for special surplus funds					...................................	...................................
35.	Unassigned funds (surplus)						.............. (728,420,733)	..............(734,146,068)
36.	Less treasury stock, at cost:
	36.1	...................................	shares common (value included in Line 29	$	)
			...................................	...................................
	36.2	...................................	shares preferred (value included in Line 30	$	)
			...................................	...................................
37.	Surplus (Total Lines 31+32+33+34+35-36) (including $		in Separate Accounts Statement)	239,955,210	272,229,875
38.	Totals of Lines 29, 30 and 37				264,992,060	297,266,725
39.	Totals of Lines 28 and 38 (Page 2, Line 28, Col. 3)					5,944,005,953	5,966,489,536
	DETAILS OF WRITE-INS
2501.	.......................................................................................................................................................................Unclaimed funds						................. 15,430,479	................. 14,454,737
2502		....................................	....................................
2503		....................................	....................................
2598.	..............................................................................................Summary of remaining write-ins for Line 25 from overflow page				...................................	...................................
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)					15,430,479	14,454,737
3101	....................................	....................................

3102. ................................................................................................................................................................................................... .................................... ....................................

3103. ................................................................................................................................................................................................... .................................... ....................................

3198. Summary of remaining write-ins for Line 31 from overflow page .............................................................................................. ................................... ...................................

3199. Totals (Lines 3101 through 3103 plus 3198)(Line 31 above)

3401. ................................................................................................................................................................................................... .................................... ....................................

3402. ................................................................................................................................................................................................... .................................... ....................................

3403. ................................................................................................................................................................................................... .................................... ....................................

3498. Summary of remaining write-ins for Line 34 from overflow page .............................................................................................. ................................... ...................................

3499. Totals (Lines 3401 through 3403 plus 3498)(Line 34 above)

3

STATEMENT AS OF MARCH 31, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

SUMMARY OF OPERATIONS

		1	2	3
		Current Year	Prior Year	Prior Year Ended
		To Date	To Date	December 31
1.	Premiums and annuity considerations for life and accident and health contracts	................206,976,885	................194,023,817	................784,266,833
2.	Considerations for supplementary contracts with life contingencies
...................................	........................ 86,415	.......................235,335
3.	Net investment income	................. 76,143,144	................. 69,594,564	................287,392,747
4.	Amortization of Interest Maintenance Reserve (IMR)	................... 2,297,745	...................2,299,259	................... 9,352,680
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	...................................	...................................	...................................
6.	Commissions and expense allowances on reinsurance ceded	...................... 258,988	.......................331,816	................... 1,230,507
7.	Reserve adjustments on reinsurance ceded	...................................	...................................	...................................
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and contract
	guarantees from Separate Accounts	..........................9,751	..........................8,146	........................ 35,206
	8.2 Charges and fees for deposit-type contracts	..........................1,795	..........................1,580	.......................... 7,636
	8.3 Aggregate write-ins for miscellaneous income	19,359	10,517	21,400,632
9.	Totals (Lines 1 to 8.3)	285,707,667	266,356,114	1,103,921,576
10.	Death benefits	6,634,081	................... 5,909,392	................. 21,016,892
11.	Matured endowments (excluding guaranteed annual pure endowments)	...................... 216,036	........................ 79,487	...................... 844,574
12.	Annuity benefits	................... 5,939,861	................... 6,993,183	................. 25,452,646
13.	Disability benefits and benefits under accident and health contracts	................118,399,761	................107,833,543	................479,153,122
14.	Coupons, guaranteed annual pure endowments and similar benefits	...................................	...................................	...................................
15.	Surrender benefits and withdrawals for life contracts	................... 7,789,336	................... 9,225,475	................. 31,723,630
16.	Group conversions	...................................	...................................	...................................
17.	Interest and adjustments on contract or deposit-type contract funds	................... 7,807,613	................... 6,005,036	................. 29,141,327
18.	Payments on supplementary contracts with life contingencies	.......................779,015	.......................873,923	................... 3,371,119
19.	Increase in aggregate reserves for life and accident and health contracts	20,362,889	22,042,170	70,853,516
20.	Totals (Lines 10 to 19)	................167,928,591	............... 158,962,210	............... 661,556,826
21.	Commissions on premiums, annuity considerations, and deposit-type contract funds (direct
	business only)	................. 38,644,109	................. 35,344,124	................147,767,183
22.	Commissions and expense allowances on reinsurance assumed	.......................735,111	.......................806,772	................... 3,054,665
23.	General insurance expenses and fraternal expenses	................. 53,168,756	................. 49,846,289	............... 208,414,415
24.	Insurance taxes, licenses and fees, excluding federal income taxes	................... 6,701,625	...................6,541,461	................. 22,726,241
25.	Increase in loading on deferred and uncollected premiums	.......................(10,277)	...................... 228,284	.....................(108,987)
26.	Net transfers to or (from) Separate Accounts net of reinsurance	.......................(23,335)	.......................(22,350)	.......................(88,781)
27.	Aggregate write-ins for deductions
(3,361,297)	(5,304,527)	(18,219,193)
28.	Totals (Lines 20 to 27)	263,783,283	246,402,261	1,025,102,370
29.	Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus
	Line 28)	................. 21,924,384	................. 19,953,853	................. 78,819,206
30.	Dividends to policyholders and refunds to members	100,388	103,049	443,392
31.	Net gain from operations after dividends to policyholders, refunds to members and before federal
	income taxes (Line 29 minus Line 30)	................. 21,823,996	................. 19,850,804	................. 78,375,814
32.	Federal and foreign income taxes incurred (excluding tax on capital gains)	5,600,873	7,193,198	26,121,543
33.	Net gain from operations after dividends to policyholders, refunds to members and federal income
	taxes and before realized capital gains or (losses) (Line 31 minus Line 32)	................. 16,223,124	................. 12,657,606	................. 52,254,271

34. Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital

	gains tax of $	(7,901) (excluding taxes of $	83,269
	transferred to the IMR)		(49,652)	3,070	(7,706,526)
35.	Net income (Line 33 plus Line 34)	16,173,472	12,660,676	44,547,745
		CAPITAL AND SURPLUS ACCOUNT
36.	Capital and surplus, December 31, prior year	297,266,725	282,581,451	282,581,451
37.	Net income (Line 35)		16,173,472	12,660,676	44,547,745
38.	Change in net unrealized capital gains (losses) less capital gains tax of $	232,769	1,908,338	3,635,281	11,045,508
39.	Change in net unrealized foreign exchange capital gain (loss)	...................................	...................................	...................................
40.	Change in net deferred income tax	2,925,356	5,126,640	3,308,304
41.	............................................................................................................Change in nonadmitted assets	................(11,935,686)	................. (9,694,721)	................. 53,567,191
42.	.......................................Change in liability for reinsurance in unauthorized and certified companies	...................................	...................................	...................................
43.	..........................Change in reserve on account of change in valuation basis, (increase) or decrease	...................................	...................................	...................................
44.	Change in asset valuation reserve	(3,346,145)	(5,654,178)	(9,783,473)
45.	Change in treasury stock		...................................	...................................	...................................
46.	.........................................Surplus (contributed to) withdrawn from Separate Accounts during period	...................................	...................................	...................................
47.	................................................................Other changes in surplus in Separate Accounts Statement	...................................	...................................	...................................
48.	Change in surplus notes		...................................	...................................	...................................
49.	Cumulative effect of changes in accounting principles	...................................	...................................	...................................
50.	Capital changes:
	50.1 Paid in		...................................	...................................	...................................
	..................................................................................50.2 Transferred from surplus (Stock Dividend)	...................................	...................................	...................................
	50.3 Transferred to surplus		...................................	...................................	...................................
51.	Surplus adjustment:
	51.1 Paid in		(38,000,000)	...................................	(88,000,000)
	........................................................................................51.2 Transferred to capital (Stock Dividend)	...................................	...................................	...................................
	...............................................................................................................51.3 Transferred from capital		...................................	...................................	...................................
	...............................................................................51.4 Change in surplus as a result of reinsurance	...................................	...................................	...................................
52.	Dividends to stockholders		...................................	...................................	...................................
53.	.............................................................................Aggregate write-ins for gains and losses in surplus
54.	Net change in capital and surplus for the year (Lines 37 through 53)	(32,274,665)	6,073,698	14,685,275
55.	Capital and surplus, as of statement date (Lines 36 + 54)		264,992,060	288,655,149	297,266,725
	DETAILS OF WRITE-INS
...............................................................................08.301. Utilization of transferable state tax credits	........................ 15,614	..........................5,626	........................ 31,675
..........................................................................................................................08.302. Miscellaneous income		.......................... 3,744	..........................4,891	........................ 18,957
.......................................................................................................08.303. Legal recoveries from settlements with third parties		...................................	21,350,000
........................................................08.398. Summary of remaining write-ins for Line 8.3 from overflow page	...................................	...................................	...................................
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)		19,359	10,517	21,400,632
2701.	Reserve adjustments on reinsurance assumed	(3,358,263)	(5,282,083)	(13,828,046)
2702.	.................................Transfer of life and annuity reserves under coinsurance ceded agreements	........................ (3,034)	...................... (22,444)	...................... (41,166)
2703.	.....................Transfer of annuity reserves under coinsurance assumed agreement with affiliate	...................................	...................................	..................(3,371,135)
2798.	.........................................................Summary of remaining write-ins for Line 27 from overflow page	...................................	...................................	.....................(978,846)
2799.	Totals (Lines 2701 through 2703 plus 2798)(Line 27 above)
	(3,361,297)	(5,304,527)	(18,219,193)
5301	....................................	....................................	....................................

5302. .............................................................................................................................................................. .................................... .................................... ....................................

5303. .............................................................................................................................................................. .................................... .................................... ....................................

5398. Summary of remaining write-ins for Line 53 from overflow page ............................................................................................ ................................... ...................................

5399. Totals (Lines 5301 through 5303 plus 5398)(Line 53 above)

4

STATEMENT AS OF MARCH 31, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

CASH FLOW

Cash from Operations

1

Current Year

To Date

2

Prior Year

To Date

3

Prior Year Ended

December 31

1.	Premiums collected net of reinsurance	................206,987,341	................196,368,231	................783,994,396
2.	Net investment income	................. 69,851,458	................. 65,880,197	................273,052,303
3.	Miscellaneous income	289,893	352,059	22,673,981
4.	Total (Lines 1 to 3)	277,128,692	262,600,488	1,079,720,680
5.	Benefit and loss related payments	................149,578,419	................138,197,404	................573,792,618
6.	.................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	.......................(23,301)	...................... (22,891)	.......................(89,302)
7.	...............................................Commissions, expenses paid and aggregate write-ins for deductions	................. 97,303,979	................. 89,174,811	................353,305,225
8.	Dividends paid to policyholders	.......................103,478	...................... 109,958	...................... 465,013
9.	Federal and foreign income taxes paid (recovered) net of $	75,368 tax on capital
	gains (losses)	8,669,147	1,994,573	18,198,800
10.	Total (Lines 5 through 9)	255,631,722	229,453,856	945,672,355
11.	Net cash from operations (Line 4 minus Line 10)	21,496,970	33,146,632	134,048,325

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

	12.1	Bonds	................122,741,293	................. 89,427,673	................469,358,189
	12.2	Stocks	...................................	...................................	................... 2,900,636
	12.3	Mortgage loans	...................1,194,148	................... 1,142,130	...................4,644,140
	12.4	Real estate	...................................	...................................	...................................
	12.5	Other invested assets	................... 6,332,482	.......................807,303	................. 11,761,767
	12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	..........................1,452	........................ (5,877)	...................... (24,158)
	12.7	Miscellaneous proceeds	1,224,872	241	1,100,241
	12.8 Total investment proceeds (Lines 12.1 to 12.7)	................131,494,247	................. 91,371,471	................489,740,815
13.	Cost of investments acquired (long-term only):
	13.1	Bonds	................117,346,916	................. 82,730,911	................575,495,601
	13.2	Stocks	...................................	................... 7,500,000	................. 14,250,000
	13.3	Mortgage loans	...................................	...................................	...................................
	13.4	Real estate	...................................	...................................	...................................
	13.5	Other invested assets	................... 6,230,227	...................2,925,001	................. 13,157,057
	13.6	Miscellaneous applications	3,350,784	1,081,840	556,995
	13.7	Total investments acquired (Lines 13.1 to 13.6)	126,927,928	94,237,752	603,459,653
14.	Net increase (or decrease) in contract loans and premium notes	(192,541)	126,820	(289,524)
15.	Net cash from investments (Line 12.8 minus Line 13.7 and Line 14)	4,758,860	(2,993,101)	(113,429,314)
		Cash from Financing and Miscellaneous Sources
16.	Cash provided (applied):
	16.1	Surplus notes, capital notes	...................................	...................................	...................................
	16.2	Capital and paid in surplus, less treasury stock	................(38,000,000)	...................................	................(88,000,000)
	16.3	Borrowed funds	...................................	...................................	...................................
	16.4	Net deposits on deposit-type contracts and other insurance liabilities	................. (8,625,136)	................. (8,249,967)	..................36,734,703
	..........................................................................................................16.5 Dividends to stockholders	...................................	...................................	...................................
	....................................................................................................16.6 Other cash provided (applied)	(4,086,414)	(11,472,890)	37,898,809
17.	Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5
	plus Line 16.6)	(50,711,550)	(19,722,858)	(13,366,488)
	RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18.	.Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)	................(24,455,720)	................. 10,430,673	................... 7,252,524
19.	Cash, cash equivalents and short-term investments:
	19.1	Beginning of year	................. 54,555,732	................. 47,303,208	................. 47,303,208
	19.2 End of period (Line 18 plus Line 19.1)	30,100,012	57,733,881	54,555,732

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001.	Capitalized interest	................... 1,103,450	.......................367,208	...................... 388,806
20.0002.	Exchanges, conversions and transfers of invested assets	...................... 475,000	...................................	...................2,495,610

5

STATEMENT AS OF MARCH 31, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

EXHIBIT 1

DIRECT PREMIUMS AND DEPOSIT-TYPE CONTRACTS

		1	2	3
		Current Year	Prior Year	Prior Year Ended
		To Date	To Date	December 31
1.	Individual life	................. 15,748,799	................. 14,666,265	................. 58,777,924
2.	Group life	72,593	........................ 76,220	.......................313,270
3.	Individual annuities	572,108	555,534	1,519,436
4.	Group annuities	9,868	684	7,450
5.	Accident & health	190,934,070	179,212,412	724,290,123
6.	Fraternal	...................................	...................................	...................................
7.	Other lines of business	...................................	...................................	...................................
8.	Subtotal (Lines 1 through 7)	207,337,438	194,511,116	784,908,203
9.	Deposit-type contracts	...................................	............... 100,000,000	............... 150,000,000
10.	Total (Lines 8 and 9)	207,337,438	294,511,116	934,908,203

6

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