Section 551.40  Contents of the Illinois Insurance Exchange Annual Statement

a)         The Annual Statement from the Exchange to the Director of Insurance shall include the following:

1)         Title page containing the following:

A)        Name

B)        "As of Date" of the annual statement.

C)        List of Officers.

D)        List of Directors.

E)         Signatures of three officers in the format of the jurat of the National Association of Insurance Commissioners (N.A.I.C.) annual statement for fire and casualty insurance companies.  Appropriate changes may be made to the jurat.

2)         Annual Financial Report on the Central Processing Facility.

A)        Balance sheet reporting assets, liabilities, capital and surplus.

B)        Statement of gain or loss from operations.

C)        Statement of changes in financial position.

D)        Statement of changes in capital and surplus.

E)         Notes to the above financial statements as required by generally accepted accounting principles, including a description of the accounting method used in this report.

3)         Annual Financial Report on the Security Association in the form of item 2) of this Section.

4)         Annual Financial Report on each syndicate as described in Section 551.50 of this Rule.

5)         Copies of amendments to the Articles of Incorporation, By-laws and Rules of the Exchange made during the year of this statement.

b)         Two manually signed and notarized copies of the Annual Statement shall be filed with the Director on or before April 1 of each year for the year ended December 31 immediately preceding.

c)         Any changes, additional notes or qualifications made by independent auditors to the financial data filed pursuant to the above shall be filed with the Director within five days after receipt by the Exchange.