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Honorable Neil Jasey Interim Commissioner of Banking and Insurance 20 West State Street Trenton, New Jersey 08625

July 27, 2009

Dear Commissioner:

In accordance with the authority vested in you, a financial condition examination has been made of the assets and liabilities, method of conducting business and other affairs of the

MAPFRE INSURANCE COMPANY

FLORHAM PARK, NEW JERSEY

NAIC COMPANY CODE 23876

hereinafter referred to as, “Company” or “MIC.”

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