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        <BookValueAmt>99873</BookValueAmt>
        <EOYFMVAmt>1766595</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NEW VERNON MATRIX FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>6244291</BookValueAmt>
        <EOYFMVAmt>6549551</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NEW VERNON FINANCIAL SEC FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>727025</BookValueAmt>
        <EOYFMVAmt>1231955</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>OVER COST - NV CAP HLDGS LLC</Desc>
        <BOYBookValueAmt>10858316</BOYBookValueAmt>
        <EOYBookValueAmt>10858316</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>NEW VERNON MATRIX FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>0</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NEW VERNON CAPITAL HOLDINGS</Desc>
        <RevenueAndExpensesPerBooksAmt>315240</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>315240</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NEW VERNON FINANCIAL SECTOR FD</Desc>
        <RevenueAndExpensesPerBooksAmt>31057</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>31057</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATION FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>64081</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>64081</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CHARITABLE BUREAU</Desc>
        <RevenueAndExpensesPerBooksAmt>10</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>10</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>104</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>104</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LIABILITY INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>523</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>523</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>VERNON CAPITAL HOLDINGS, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-443543</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-443543</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NEW VERNON FINANCIAL SECTOR FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>-2585</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-2585</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NEW VERNON MATRIX FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>-83179</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-83179</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMOUNT REPORTED ON 990-T</Desc>
        <NetInvestmentIncomeAmt>-1416</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL TAX</Desc>
        <BOYBookValueAmt>3910</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID - NV CAPITAL</CategoryTxt>
        <Amt>7546</Amt>
        <NetInvestmentIncomeAmt>7546</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID - NV FINC'L</CategoryTxt>
        <Amt>8078</Amt>
        <NetInvestmentIncomeAmt>8078</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES PAID</CategoryTxt>
        <Amt>10000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>15656</Amt>
        <DisbursementsCharitablePrpsAmt>15656</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>