VANGUARD - Financial Data

Financial Data

ASSETS (3/31/06)
Cash & Investments	$7,990,992
Insurance/Reinsurance Rec.	$19,298,161
Other Assets	$5,528,525
Total Assets	$32,817,678

LIABILITIES & SURPLUS (3/31/06)
Loss & LAE Reserves	$4,214,678
Funds Held & Reinsurance Payables	$7,846,812
Other Liabilities	$11,946,572
Surplus	$8,809,616
Total Liabilities and Equity	$32,817,678
Unaudited Financial Data