Report online

Total amount of all liabilities except capital $2,585,503 00

Capital actually paid up in cash $1,000,000 00

Surplus over all llabillHes 851,212 94

Surplus AS regards policyholders ,. 1,851 ,212 94

Total liabilities $4,436,715 94



Digitized by



GoogI(



MiLWAtJKEE MECliANtCS INS. Cd.



m



RISKS AND PBSMIUMS.

OroBS
Fire risks premiums
thereon

In force on the 31st day of December, 1912 $477,753,000 $5,092,004 01

Written or renewed duringr the year 268,248,668 2,898,269 91

Total $746,001,748 $7,999,863 92

Deduct those expired and marked off as termi-
nated 249 , 6SK> , 470 2 , 812 , 963 44

In force at the end of the year $496,821,278 $5,177,900 48

Deduct amount reinsured 62,119,368 720,685 63

Net amount In force $434 201,940 $4.4{r7,214 95



RECAPITULATION OF FIRE RISKS AND PRBMItBlS.



Year
written.



Term.



Amount
covered.



Gross
premiums
charired,

less re-
insurance.



o g Amount of
S S ' premium
«^$ unearned.



1913....
1913 . . . .
1912....
1013....
1909....
1910. . . .
1911....
1912....
1913....



I One year or less

Three years

Three years

Three years

Fire years

Five years

Five years

Five years

years



Five



Totals



$78,918.4291
80.783,3161
84.471,0001
95,350,1931
16,060,252
18.358.216
19.4,^7.1521
19,138,6151
21,684,7671



$978,901 191
732.833 231
763.383
846.311

202.689 121
217,752 14
234.475 251
229,179 261

251.690 41'



$134,201,940 $4,457,214




$489,450 60
122.1.^8 CT
881.691 OT
7C6.250 a
20,268 91
65,325 64
117,287 62
160,425 48
226,521 37

$2,288,319 87



BrSINES.S IN THE STATU OF WISCONSIN DURING THE YEAR.



Fire.



Tornado.



Total



Gross risks wrltton 1^.644,544 00| $1,396,425 00

Less ^340.97200 rlskg cancelled, and
1^40.000 00 relnsurnnco in companies
authorized in Wisconsin | 3.234,197 00



Net risks written |$20,410,347 00



'Wo40,



969 00



146.776 00 3.380,972 fip



1=

Gross premiums on ri<:ks written.... |

Less S?6,063.71 return premiums; and'

1300 00 oreminras for rein5turance in]

companies authorized in Wisconsin



^ $1,240,65 00 $21.669.997 00

"$244.^68~3e^ $7~466~79| 1^2,235 16



26.261 40^



I
702 31



26.963 71



Net premiums received I $218.506 90]



B.764 48 $225,271 44



Losses paid (deductln*^ salvage) $61.034 74

Loss'js Incurred !~ $61 ,"967 80!

f I



$236 98) $61,271 72



$236 98l $62,204 $5



Digitized by



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^40



itiLWAtJKEis ^ckAKlcJs ti^S. (JU.



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT



I



Premiums | i

Totiil premiums $2,008,152 30]....

Add unearned premiums Dec. 31 ofi
previous year .' 2.258,380 85|

Total I $4,261,533 15|..!.

Dedui t unearned premiums Dec, 31, |



end of the year .1 2,288,319 37|.



Premiums earned during the 3'e:ir...l j $1,973,213 78

UNDERWRITING PROFIT AND I
LOSS ITEMS :

i I

Gain from airents* lialnnces p.evlouslyj

charged off I

Loss Jrom agents'- balances charged I

off 1



I
$131 SI I.
2,504 431.



Loss from above 1

Agents' balances and bills I

receivable not edmlited [

Dec. 31. 1912 $8,488 67|.

Agen 8' balances and bills i

receivable not admitted I

Dec. 31, end of the year.. 6.502 1)71.

Gain from above



-I
$2,372 92!.

I
I.



.1.



1,925 70



Loss from uhderwriting prollt andi
loss Items I



447 22



Underwriting Income earned during!
the year



LOSSES



I



Losses pnid I $1,000,930 59! .

Deduct unpaid losses Dec. 31 oi pre-.! |

vious year ! 164,398 31 1.



Ralanco I

Add unpnid Iossps Dec. 31, end of|
the year



-I



$836,541 281.
I
I 157,849 01'.



$1,972,760 51



.1.



Losses Incurred during the year | |

UNDERWRITING EXPENSES i



$994,390 291.



Underwritlnsr expenses paid durlngi
the yen r , I

Deduct underwriting expenses un-|
paiti Dec. 31 of previous year:!
Salnries, rents, expenses, bills, ac-I
counts, foes. etc. .due or acr^ued os-I
flmn'ed $30.000 00: estimated |
amount hereafter payable for|
taxes. ^70,000.00 I

Balance }

Add underwriting expenses unpaid]
Dec 31. end of the yenr: Salaries.!
renl s, etc , due or accrued. $.1,000.00 ;|
estimated amount hereafter payable'
for taxes, $7.').000.00 : contlngenti
comraissioiis accrued, $20.00f).00 1

Underwriting expenses incu'-red dur-l
ing the year '.



!
$897, !m 301.



100. 000 OOi



$797,991 301.



100.000 001.



897.991 301



Underwriting losses and expenses...',

Gain from underwriting during the'
year '



1,892.381



$80,984 rr



Digitized by



Google



MfcwAxJKti^ MficiUNtcS tNS. cd.



24i



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



investmp:nt exhibit

Interest and rents.



I



Interest, dividends and rents received

durlnp <he year I ?183.706 50"

Deduct interest, divU1end» and renfsl

due and accruea Dfec. 51. end- of I

the year I 41.160 61

h

niionce I

Add interest, dividends and rents duel

and accrued Dec. 31, end of tlie.'

year



$142,547 &5I.



Total



I-



44.86R 451.



-I I

.! ?1 87, 410 401.



PROFITS ON INVESTMENTS



I



I
$1,637 501.



I



Oa'n from srle cf ledflrer aR«»et« '

Gfl*n from IncroaRo in bool? value of

ledger asK^tf* I

Ga''^ f»*nni rtber 'nvec^moptft : Toxe<»!

refunded on real estate disposed oL

»n previous years I

I-
Proflt on Investments during the yenri j

TnvA«itniAnt income earned durinpri
the year



30.001.

I

71 85!.



-!



I
3,73<) 351.

1



I



I



LOSS ON INVESTMENTS



$189,155 75



Lo«<« fr'^m decrpnse in book value' I

of ].-direr "^^Jflefs ] $71,101 aSI.

Tjoqw f^r^m rfhAf 1nv<»«tmontH: Inter-I I

est on borrowed money



I-



Loss on Investments during the yenrL..



3ir85|.

1



.1.



I



INVESTMENT EXPENSES



Tnve«»fment expenses paid during the*'
year f.



.1



$71,509 531..

(
I

I

I

6.588 291.

1



Tnve<»*m<»nt looses and expenses dur-l |

Ing the year ! I. I

I I I-

Gflin from Investments during the! | ^



78.<^7 82



year



•1.



.1.



==r!rr=i===



$111,057 98



MT8CELT.ANEOTTS EXHIBIT



I



f



Dlvld»«nd5! deHnred t."» storkholders i I

during the year ' I

I I"

Total gainfl and lo««pes in surplus! I



G«ln in
Surplus.



f



Surplus. .



.1 $120,000 00

-I-



I



during the yenr I ...I $191,442 901 $lt0.000 00

Snrpliig IVc. .^1. Ifti?.'. I $779.770 041 f

Surplus Dec. 31, 1913 1 851.212 941 1

I ' I

Increase In surplus during the year.| I | 71.44t 90

TotJils I ' $191. 44t 901 . $191,442 90



I



1



I



Per cent of losses incnrred to premiums earned, 50.39.
Per cent of undorwHtinp exnencAq Iponrrp*! tA nrpniinni<t earned. 45 50.
Vf^r cent of Investment expenses fneurred to Interest and rents earned, a 51.
Per cent of tot«il losses and expenses incurred and dividends declared to total
income earned, Ofl.69.



16— Ins.— I



Digitized by



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S4S ^onfnwWtlSR^ yrAtiONAL InS. c6.



NORTHWESTERN NATIONAL INSURANCE COMPANY,

Milwaukee, Wis.

Home Office, CORNER WISCONSIN AND JACKSON STREETS
r Incorporated February 20th, 1860; commenci»d businesA July lat, 1860.]



President. WILFORD M. PATTON. Vice President, ALFRED F. JAMES.

Secretory, JOSEPH HI EBL.



CAI»ITAL STOCK.

AmpiiTlt of cApital paid up in cash $1,000,000 00

Amount of ?(Migcr asstcs Deceml>er 31 of previous year |6, 742, 810 27



INCOME.

Fire

Gross premiums $3,352,841 :J0

Deduct in*08s amount paid for reinsurance, fire,

X315,5::6.43 ; return premiums, tire, $3:i;{,30«.41 638,832 84

Total premiums (other than perpetual) $2,714,008 46

Gross interest on mortgage loans $50,220 33

Gross intere«t on bonds and dividends on stocks,
i«4ss $4,301 .8:^ accrued interest on bonds ac-
quired during 1913 199.087 03

Gross intert>st on deposits in trust companies

and banks 3 , 203 27

Gross interest on branch office bank deposits. . . . 506 79

Gross interest on bills receivable 76 31

Gross Interest from all other sources 237 46

Gross rents from company's property, including
*8,000.00 for company's occupancy ot Its own
buildings 8,321 20

Total gross interest OAd rents 270,661 39

From agent's balances previously charged off 10 05

Gross profit on sale or maturity of ledger assets: Real estate. . 774 77
Gross Increase by adjustment In book value of ledger assets:

Real estate 8,000 00



Total Income $2,993.4^4 67

Total footings , $9,736,278 94



Digitized by



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i^0R*rMwE8TCTN NATIONAL INS. CO. '24^



DISBURSEMENTS.

l^ire. Marine and

Inland

tJross amount paid pollcyholdevp
for losses Uncludlnjr $110,815.-
33 occurrinff In previous years) $1,347,280 55

Deduct ^088 amount received for
salvage. Are, $ri.407.fSO; marine
and inland, $1,215.28: reinsur-
ance, fire. $100,003.61 ; dis-
count, Are. $67.45 115,128 56 $1,215 28

Net amount paid policy-
holders for losses $1,232,160 00 $1,215 28

$1,230,045 71

Expenses of adiustnu-nt and settlement of losses 41,042 06

Commissions or brokerage * 676,040 81

Allowance to local agencies for nilscollnneous agency expenses.. 7,003 76
Salaries $60,041.^0, and expen<«es $101,381.62, of special and

general acents 251 ,423 22

Salaries, fees and all other charges of oncers, directors trus-
tees and home ofBce employes 105. 323 02

Rents for company s occupancy of its own buildings 8,000 00

Advei-tising $1,246.35 ; printing and stationery. $10,407.41 20.743 76

Postage, telegrams^ telephone and express ^ . . . 23.613 73

Legal expenses 012 61

Furniture and fixtures 3, 034 78

Maps including corrections 4, 060 05

Underwriters' boards and tariff associationfi 12,017 04

Fire department, fire patrol and salvage corps assessments, fees,

taxes and expenses 15,525 87

Inspections and surveys 287 50

Repairs and expenses (other than taxes) on real estate 4.588 O't

Taxes on real estate 4,102 65

State taxes on premiums 70, 5S5 22

Insurance department licenses and fees 18,461 67

All other licenses, fees and taxos :

Federal 'corporation tax $3,800 52

Mlscellp.neous municipal and county taxes and

licenses 6,224 68



All other disbursements :

Subscriptions and publications $3.^0 03

Brndstreet Co 1,7,'50 50

Typewriters, Dictaphones and repairs...^ 1.330 40

Premiums of fidelity and «rtate bonds 721 53

Western Tusurance Bureau . . • 1,140 .57

TTndprwrlters protective afi.socIatIon 265 00

Merchants and manufacturers association j25 00

National board of fire underwriters 2,084 1»6

Miscellaneous expenses !)ia t)o



10,124 20



S.612 1«

Paid stockholders for Interest or dividends 150,000 00

Agents' balances chargt»d off 18^ 79

Gross loss on sale or maturity of ledger assets : Bonds 128 34

Total disbursements $2,666,864 72



Balance $7,060,400 22

LEDGER ASSETS.

Book value of real estate $178,000 00

Mortgage loans on real estate, first liens 1,280.000 00

Book value of bonds 4,086.462 82

Cash In company's otflee $42,0vSO 50

Deposited in trust compjinles and
banks on Interest 242,542 51



285,528 10
Agents* balances representing business written

subsequent to October 1. 1013 331,652 26

Agents' balances representing business written

prior to October 1, 1913 6,005 31

BlilB recelTable, taken for flro risks 815 78

Total ledger Msets $7,060,400 ae

Digitized by LjOOQIC



244 NOR^HNVlSTtftN NATIONAL IKS. CO.



NOM-LEDGBR ASSETS.

Interest accrued on mortgages |10, 178 33

Interest accrued on bonds 22,12067

Total ...... \ 32.299 00

Gross assets $7,101,706 22

DEDUCT ASSETS NOT ADMITTED.

Agents' balances representing business written
prior to October 1, 1»13 |6,060 31

Bills receivable, past due, taken for marine, inland
and flre risks 816 73

Book value uf bonds over market value 450,060 67

456,940 71
Total admitted assets $6,644,707 51



LIABILITIES.

Gross loK^es adjusted and unpaid |60, 681 62

Gross claims for losses in process of adjustment or
in suspense, plus $4,726.80 reserved for losses in-
curred prior to December 31. of which no notice

has been received on that date 103, 145 27

Gross claims for losses i-esisted 21,625 00

Total ; ^.. $185,451 89

Deduct reinsurance due or accrued 24,752 92



Net amount of unpaid losses and claims $160,698 97

Gross premiums (less reinsurance) received and receivable upon

all unexpired flre risks, $6,306,626.70; unearned premiums 3,309,898 74

Conflagrauon reserve 500,000 00

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 2,192 64
Estimated amount hereafter payable for federal, state and other

taxes based upon the business of the year of this statement ... 100,000 00

Contingent commissions, or other charges due or accrued 21,566 00



Total amount of all liabilities except capiUl $l,09i,856 35

Capital actually paid up in cash $1,000.000 00

Surplus over all liabilities 1,560.41116

Surplus OS regards policyholders 2,550,411 16

Total liabilities $6,644.767 51

RISKS AND PRTJMIUMS.

Gross
Fire premiums

risks. thereon.

In force on the Slst day of December, 1912 $721,264,454 $6,447,417 12

Written or renewed during the year 350.432.983 3.352,84130

ToUl $1,071,697,437 $9,800,258 42

Deduct those expired and marked off as termi-
nated 296.215,652 2,908.457 56



In force at the end of the year $775,481,785 $6,881,800 88

Deduct amount reinsured 54.484.947 495.174 16

Net amount In force December 31. 1818 $720,996,838 $6,396,626 70



Digitized by



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NORTHWESTERN NATIONAL INS. CO.



245



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



. Yeftr
written.



Term.



1913...

i»n;..

1912. . .
1913...
19W...
1910. . .
1911...
1912...
1913...



r



One year or less
Three years . . .
Three years . . .
Three years . . .
Five years . . . ,

Five years

Five years . . . .
Five years . . . .
Five years —

Totals



Amount
covered. '



$85,862.9981

136,802,323

152.336,687

163.304,9&1

31.140.394

34,311.270

36,829.849

38.637.549

41,770 884



$720,996,838 $6,396



Gro»s
.|j rem! urns
fharfirecl.
less re-
insurance.



$961,

1,093,

1.219,

1,289,

314,

342,

380,

389,

406,



•a

U.3



,437 45


1-2


832 15


1-6


114 30


1-2


419 81


5-6


460 75


1-10


OSS 44


3-10


177 69


1-2


333 70


7-10


795 41


9-10


626 70


1



Amount of
premium
uuearned.



$480,718 72
182.305 36
600.557 15
1,074,516 51
31,446 07
102.616 63
190.088 84
272.533 59
366,115 87



$3,309,898 74



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



Fire.



Tornado. I Total.



I I I

Gross risks written I$19,725,274 0O| $3,767,480 00!$23. 492. 754 00

Less $2,390,773 risks cancelled, and! I |

$1,001,144 reinsurance in companies] j I

authorised in Wisconsin I 3.078,417 001 313,500 00! 3.391,917 00



Net risks written I$16.646.857 001 $3,453,980 001$20.100.837 00



Gross premiums on risks written ...I
Less $15,107.90 return premiums; and|

$10,42991 premiums for reinsurance!

in companies authorized in Wis-!

consin I



=1=



$185,726 731 $22,349 381 $208,076 11



24,187 96



I
I
I
1.345 851



25.533 81



Net premiums received | $161,538 77

Losses paid (deductlufr salvage) I $43,779 411

Less losses on risks reinsured in com -I I

panies authorized in Wisconsin ....| 1.520 59|

I 1

Net losses paid | $42,258 821 $6,079 17



$21,003 53) $182,542 30



$0,154 56|

I

79 39!



$49,933 97
1.599 98



Losses Incurred

Less lORses on risks reinsured in com-
panies authorized in Wisconsin ...



$43,279 3C|
1.509 911



$6,235 411
79 39!



$48,333 99

$49^r4'~77

1,589 30



Net losses Incurred



.1



$41,769 451



$6,156 021 $47,925 47

1



Digitized by



GoogI(



246



NORTHWESTERN NATIONAL INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Add unearned premiums Dec. 31» 1912



Total

Deduct unearned premiums Dec. 31,
1913 !




Premiums earned during 1913



UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agents' balances previously
charged off

Loss from agents' balances charged
off



Loss from above

Agents* balances and bills

receivable not admitted

Dec. 31. 1912 $6,612 54

Agents' balances and bills

receivable not admitted

Dec. 31, 1913 6,871 04



Loss from above



3,309,896 74|.



$2,558,046 32



$10 05
186 79



$176 74



258 50



Loss from underwriting profit and I
loss items



435 24



Underwriting income earned during
1913



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31. 1912 ..



Balance

Add unpaid losses Dec. 31. 1913



Losses incurred during 1913



UNDERWRITING EXPENSES.



$1,230,945 71
152,008 09



$1,078,937 62
160.698 07



I



Underwriting expenses paid during

1913 1 $1,269,030 60

Deduct underwriting expenses unpaid

Dec. 31, 1912



Balance

Add underwriting expenses unpaid
Dec. 31, 1913



116.094 99



$1,152,935 61
119.109 14



$2,557,611 06



$1,239,630 J



Underwriting expenses incurred dur-!
ing 1913 1 [ 1,272,044 751

Underwriting losses and expenses.. . I.

Gain from underwriting during 1913|.



1=



2.511.681 34



$45. M9 74



Digitized by



GoogI(



NORTHWESTERN NATIONAL INS. CO.



247



UNDERWRITING ANP INVESTMENT EXHIBIT-Contlnued.



INVESTMENT EXHIBIT.

Interest and Rents. |

Interest, dividends and rents received
during the year

Deduct interest, dividends and rents
accrued Dec. 31, 1912



$270,601 39
30.474 29



Balance . ,

Add interest, dividends and rents
accrued Dec. 31. 1913



Total



PROFIT ON INVESTMENTS.

Gain from sale of ledger assets ...
Gain from increase in book value of
ledger assets



Profit on investments during 1913
Investment income earned during 1913

LOSS ON INVESTMENTS.

Loss from sale of ledger assets ...,
Loss from change in difference be
twcen book and market value dur-
ing 1913



$240,187 10[
32,299 00



$774 77
8,000 00



Loss on Investments during 1913



INVESTMENT EXPENSES.

Investment expenses paid during 1913

Deduct investment expenses unpaid

Dec. 31, 1012



$128 34
243,715 06



$16,573 28
4.122 65



1



$272,466 10|.



.1.



8,774 771.



-1



$243,843 42



Balance

Add investment expenses unpaid Dec'
31, 1913 !

InveFtment expenses incurred during!
1913 |.



$12,460 631.
4,649 501.



$281,200 87



.1



Investment losses and expenses dur-
ing 1913 '



I

!

17.100 131.

[



Gain from investments during 1912 ..I



260.943 55






$»0.817 8«



inSCELLANEOUS EXHIBIT. |

I

Dividends declared to stockholders!

during 1913 |.



Gain in
I Suj;plus.



1 Loss in
i Surplus.



$150,000 00



Total gains and losses in surplusl

during 1913 •

Surplus Dec. 31. 1912 1 $1,634,164 101

Surplus Dec. 31. 1913 1 1.550,411 16|.

Decrease in surplus during 1913

Totals



1-

I
$66,S47 0«| $150,000 00
I



.1.



I
88.75» 941.



I



• t $150,000 00 $150,000 00



Per cent of losses incurred to premiums enmed .484.
Per cent of underwriting expenses incurred to premiums earned .497.
Per cent of investment expenses Incurred to interest and rents earned .062.
Per cent of total losses and expensets i^c^rred and dividends declared to^
total income earne^ 1.03. • ■ i •

Digitized by LjOOQIC



248 UNITED AMERICAN FIRE INS. CO.



UNITED AMERICAN FIRE INSURANCE OOBIPANT,

Milwaukee, "Wis.

[Incorporated Nov. 28, 189a Commenced business Sept. 1, 1890.]

Home Office, 40G OERMANIA BUILDING.

President, GEO. A. MOWRY. SecreUry, F. A. KREHLA.

Treasurer, CHAS. JIRAN.

CAPITAL STOCK.

Amount of capital paid up In cash $100.000 00

Amount of ledger assets December 31 of previous year |262,013 50

INCOME).

Fire. '

Gross premiums $79,392 76

Deduct reinsurance premiums, fire, $11,6^6.76; re-
turn premiums, fire, $7,685.71 19.332 47

Total premiums (other than perpetual) $60,060 20

Gross interest on mortgasre loan^, less $7512 ac-
crued interest on mortgages acquired during the
year , $12,068 41

Gross Interest on deposits in trust companies and
banks 180 77

Gross Interest from all other sources:
On Mil. Bd. of Underwriters deposits 8 OO

Total $12,257 18

Less accrued Interest on certificates of deposit ac-
quired during year 500 05

Total gross Interest and rents 11,757 13

Total Income '. $71,817 42

Total footings $323.860 92



DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses (in-
cluding $1,453 80 occurring in previous years) .. $31,862 49
Peduc*^ amount received for reinsurance, fire,
$7,799.52; discount, flre, $95.07 7,894 59

Net amount paid policyholders for Io.srcs $23,967 90

Expenses of adjustment and settlement of losses 410 11

Commissions or brokerage (including $10.80 on risks of other

companies reinsured) less $3.726.4S reinsurance commissions .. 17,475 42
Salaries. $1,700.00, and expenses, $727.45, of special and general

agents ' 2,427 45

Salaries, fees, and all other charges of officers, directors, trus-
tees and home office employes ^'^ ??

Rent 720 00

Advertising. $68.^; printing and stationery, $202.48 27138



Digitized by



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XTNItED AMERICAN FIRE INS. CO. ^^

|»ottage, MefframB, telephone and express ^ 768 22

Legal expenses 86 66

Fnrnitnre and fixtures 27 50

Maps, including corrections 22 60

Underwriters* boards and tariff associations 746 07

Fire department, fire patrol and salvage corps assessments, fees,

taxes and expenses 1,688 62

State taxes on premiums 1,188 32

Insurance department licenses and fees 690 00

All other licenses, fees and taxes:

Federal corporation tax $145 85

Fire marshal tax 294 41

440 26
Other disbursements:

Exchange $36 22

Examination expense, Minn, dept 168 66

Premium on officers* bonds '. . . 90 00

Duns reports 110 00

lUTestment expense 20 00

Miscellaneous 269 62

693 89

Agent's balances charged off 300 68

Total disbursements ' 168,798 64

Balance $268,062 38

LEDGER ASSETS.

Mortgage loans on real estate, first liens — $204,760 00

Cash In company's office $60 00

Deposits in trust companies and banks

not on interest 16,246 93

16,290 93

Agents' balances representing business written

subsequent to October 1, 1913 ..• 8,20144

Agents* balances representing bn.sincHs written

prior to October 1, 1913 677 30

Other ledger assets:

Due from reinsurance company for premiums.. . 370 46

Deposits with Milw. Bd. of Underwriters 200 00

CerUflcates of deposit 84,666 26

Total ledger assets $265,062 38

NON-LEDGER ASSETS.

Interest due, $37.50 and accrued, $2,045.39 on mort-
gages $2,082 89

Deposits with Milw. Board of Underwriters 8 00

Certificates of deposits 847 75

Total 2,938 64

Gross assets $268.00102



DEDUCT ASSETS NOT ADMITTED.

Agents* balances, representing business written prior to October
1, 1913 677 80

ToUl admitted assets - $267,328 72



Digitized by



GoogI(



250



UNITED AMERICAN FIRE INS. CO.



LIABILITIES.

Gross losses adjusted and unpaid

Gross claims for losses in process of adjustment or

in suspense

Gross claims for losses resisted

Total ~

Deduct reinsurance due or accrued



$1,779 »1

724 08
83 83



$2,583 32
60 16



Net amount of unpaid losses and claims

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks, $152,106.90; unearned premiums .. .

Estimated . amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement

Commissions, contingent or other charges due or accrued



Tot^l amount of all liabilities except capital



Capital actually paid up in caFh $100,000 00

Surplus over all Uabilitles



84,693 66



Surplus as regards policyholders



$2,514 IC

76,344 12

2,868 28
003 50

$82,630 06



184,693 66



Total llablUtieB $267,823 72



RISKS AND PREMIUMS.

Gross

Fire premiums
risks. thereon.

In force on the Slst day of December, 1912 $16,020,155 31 $184,178 97

Written or renewed during the year 6,956,286 00 79,392 76

Total $22,975,891 96 $263,571 73

Deduct thosQ expltcd and marked off ns terminated 7,699,635 31 91,567 71

In force at the end of the year $15,275,756 65 $172,004 02

Deduct amount reinsured 1,491,070 18 19.897 08

Net amount in force $13,784,686 00 $1512,106 99



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
written



Term.



Amount
covered.



Gross

premiams

charged,

l»*ss i*e-

insurauce.



IS



Amou» t of

piemium

unearned.



1913...
1911...
1912...
1913...
1910. . .
1011...
1912...
1913...
1909...
1910. . .
1911...
1912...