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This excerpt taken from the ALL 10-Q filed May 7, 2009. CAPITAL RESOURCES AND LIQUIDITY HIGHLIGHTS
· Shareholders equity as of March 31, 2009 was $12.24 billion, a decrease of 3.2% from $12.64 billion as of December 31, 2008. · Deployable invested assets at the parent holding company level totaled $3.35 billion at March 31, 2009 compared to $3.64 billion at December 31, 2008. · As of March 31, 2009, AIC statutory surplus is approximately $13.0 billion compared to $13.0 billion at December 31, 2008. These amounts include ALICs statutory surplus of approximately $3.4 billion at March 31, 2009, compared to $3.2 billion at December 31, 2008. · At March 31, 2009, we held 24.3% of our total consolidated cash and investment portfolio, or $23.05 billion, in cash and other liquid investments that are saleable within one quarter. · In March 2009, the Corporation and AIC completed a previously approved capital contribution of $250 million of cash to ALIC. · In the first quarter of 2009, we revised our shareholder dividend to $0.20 from $0.41.
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