Pruco Life Insurance Company and Subsidiaries
Schedule I - Summary of Investments - Other than Investments in Affiliates
December 31, 1994
($000's)
Amount
at which
shown on
Market the Balance
Type of investment Cost Value Sheet
------------------ ---------- ---------- ----------
Fixed Maturities:
Bonds:
United States Government and government
agencies and authorities ............ $ 600,992 $ 576,601 $ 600,992
Foreign governments ................... 86,027 85,791 86,027
Public Utilities ...................... 174,687 174,972 174,687
All other corporate bonds ............. 1,783,448 1,756,651 1,783,448
Redeemable preferred stock ............ 2,161 2,157 2,161
---------- ---------- ----------
Total fixed maturities ........... 2,647,315 2,596,172 2,647,315
---------- ---------- ----------
Equity Securities:
Common Stock ................................. 4,531 2,765 2,765
Nonredeemable preferred stock ................ 903 561 561
---------- ---------- ----------
Total equity securities .......... 5,434 3,326 3,326
Mortgage loans on real estate .................. 71,919 XXXXXX 71,919
Real Estate .................................... 7,189 XXXXXX 7,189
Policy Loans ................................... 493,862 XXXXXX 493,862
Other long-term investments .................... 4,044 XXXXXX 4,044
Short-term investments ......................... 191,455 XXXXXX 191,455
---------- ----------
Total investments ................ $3,421,218 $3,419,110
========== ==========
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Pruco Life Insurance Company and Subsidiaries
Schedule VI - Schedule of Reinsurance
For Year Ended December 31, 1994
($000's)
Percentage
Ceded to Assumed of amount
Gross other from other Net assumed to
Amount companies companies amount net
----------- --------- ---------- ----------- ------------
Life insurance in force ......... $48,003,675 $531,166 $ 0 $47,472,509 N/A
=========== ======== ========== =========== ============
Life insurance premiums and
annuity considerations ........ $ 613,237 $ 1,476 $ 59 $ 611,820 .010%
=========== ======== ========== =========== ============
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Pruco Life Insurance Company and Subsidiaries
Schedule VI - Schedule of Reinsurance
For Year Ended December 31, 1993
($000's)
Percentage
Ceded to Assumed of amount
Gross other from other Net assumed to
Amount companies companies amount net
----------- --------- ---------- ----------- ------------
Life insurance in force ......... $48,837,477 $290,386 $ 0 $48,547,091 N/A
=========== ======== ========== =========== ============
Life insurance premiums and
annuity considerations ........ $ 564,747 $ 847 $ 0 $ 563,900 N/A
=========== ======== ========== =========== ============
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Pruco Life Insurance Company and Subsidiaries
Schedule VI - Schedule of Reinsurance
For Year Ended December 31, 1992
($000's)
Percentage
Ceded to Assumed of amount
Gross other from other Net assumed to
Amount companies companies amount net
----------- --------- ---------- ----------- ------------
Life insurance in force ......... $49,317,116 $168,915 $ 0 $49,148,201 N/A
=========== ======== ========== =========== ============
Life insurance premiums and
annuity considerations ........ $ 497,610 $ 552 $ 0 $ 497,088 N/A
=========== ======== ========== =========== ============
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Exhibit (b)
INDEPENDENT AUDITORS' REPORT
To the Board of Directors of
Pruco Life Insurance Company
Newark, New Jersey
We have audited the consolidated financial statements of Pruco Life Insurance
Company and subsidiaries as of December 31, 1994 and 1993 and for each of the
three years in the period ended December 31, 1994, and have issued our report
thereon dated March 6, 1995 (included elsewhere in this Registration Statement).
Our audits also included the financial statement schedules listed in Item 16 of
this Registration Statement. These financial statement schedules are the
responsibility of the Company's management. Our responsibility is to express an
opinion based on our audits. In our opinion, such financial statement schedules,
when considered in relation to the basic financial statements taken as a whole,
present fairly in all material respects the information set forth therein.
Deloitte & Touche LLP
Parsippany, New Jersey
March 6, 1995
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