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Deduc( interest, dividends and rents.)
due and accrued Dec. 31,- end ofl
the year



I



$37,480 76
8.341 00



Balance

Add interest, dividends and rents due
and accrued December 31, end of
the year



$20,089 76



I



0,274 00



Total



•1.



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ..



Investment income earned during tbe|
year I .



LOSS ON INVESTMENTS.



Loss from decrease In book value of|
ledger assets I

Loss from change in difference be-!
tween book and market value dur-i
ing the year I

Loss on investments during the yearl.

I
INVESTMENT EXPENSES. I

!
Investment expenses paid during the]
year I.



I

I

$2,025 151.

I

12.864 201.



Investment losses and expenses dur-I
Ing the year I.



Gnin from investments during the|
year i .



$38,363 76



512 701.

1



$38.870 46



I



$14,889 35*



1,416 321.

1

I



16,305 67



$2t,67a 79



MISCELLANEOUS EXHIBIT.



Dividends declared to stockholders!
dur'ng: the year



Gain in
Surplus.



I
Total gains and losses in surplusl

during the vear I.

Surplus Dec. 31. 1912 1

Surplus Dec. 31. 1913 1

Increase in surplus during the year! >. .



$350 071 221.
393.092 721.



Totals



-I-



Xioss In
Surplus.

$20,000 00



I

$«t.4«l 561 $«0,000 00
I



42.4U 50



$62,421 50 $6t.421 50

I



Per cent of losses incurred to premiums earned 53 94.
Per cent of underwriting expenses incurred to premiums earned 86.15.
Per cent of investment expenses Incurred to Interest and rents earned 3.60.
Per cent of ♦otnl loMKes and expenses Incurred and dividends declared to
total income earned 90.5,



Digitized by



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364 COMMONWEALTH INS. CO. OP NEW YORK.



COMMONWEALTH INSURANCE COMPANY OP
NEW YORK,

New York Cit}'.

[Incorporated August 23, 1880; commenced busluesa September ID, 1886; ad-
mitted into Wisconsin, Mnrcli 28, 1887.1

President, K G. UICUAHDS. Vlco I^iesldent. .1. l'\ HASTINGS. '

Si'crolary, IIOBKKT NKWIiOULT.

CAPITAL STOCK.

Amount of capital paid up in cash $500,000 00

Amount of ledger assets, December 31 of previous year $2,621,097 02



INCOME.

Fire.

Gross premiums $1,643,071 52

Deduct reinsurance premiums, fire. $373 894.66 ;

return premiums, Are. $296,628.17 670,522 83



Total premiums (other than perpetual) $873,448 69

Gross interest on mortgage loans $15,187 50

Gross interest on bonds and dividends on stoclcs,
less $1,079.02 accrued interest on bonds ac-
quired during the year 01,498 48

Gross interest on deposits in trust companies and

banlcs 539 97

Gross interest from all other sources :

Interest on defr'rre<l payments of interest on

mortgages 10 34

Interest on deferred payments of agency bal-
ances 3 80

Western .Vdjustraeiit and Inspection company 12 00



Total gross interest and rents $107,258 15

From agents' balances previously charged olf 20 32

Gross profit on sale or maturity of ledger assets :

Bonds $78 75

Stocks 1 , 101 62



1,180 37



Total income $981,907 5.^

Total footings $3,603,004 65



PJSIJIHSLMKXTS.



Fire.



Gross amount paid policy I'olders for los.ves (in-
cluding $100,372.04 occurring in i»revious
years) $038, 104 98

Deduct amount received for fftlvage, fire.

;f 4,549 57 ; reinsurance, fire, if^ 180.024 7:*. 15*4,574 30

Net amount paid policyholders for losses $453,530 68



Digitized by LjOOQIC



COMMONWEALTH ll^S. CO. OP i^W YOftK. 365

Expenses of adjustment and settlement of losses ^o§'9i5 S5

Commissions or brokerage 188, 146 07

Allowances to local agencies for miscellaneous agency expenses 4,«81 60

Salaries and expenses of special and general agents 34,945 79

isalarles, fees, and all other charges of odicers, directors, trus-
tees and home office employes 23,808 70

Rents 8.012 61

AoYcrtising, printing and stationery 11,406 34

Postage, telegrams, telephone and express 6,805 17

Legal expenses 514 00

Furniture and fixtures 1,016 08

Maps, Including corrections 865 71

Underwriters' boards and tariff associations 13,709 99

i«'ire department, fire patrol and salvage corps assessments, fees,

taxes and expenses 5, 518 54

Inspections and surveys 962 05

htate taxes on premiums 10,091 81

Insurance department licenses and fees 6,147 87

All otuer licenses, foes and taxes :

Federal corporation tax |2,2S9 30

Munlcli)al licenses and fees 4,891 15

Legal publications 528 19

7,678 64

Total expenses ! 338,304 03

Paid stockholders for interest or dividends (amount declared

during tne year) 50,000 00

Agents balances charged off 290 07

Gross loss on sale or maturity of ledger assets : Stocks 2,137 51

Gross decrease, by adjustment, in book value of ledger assets :

Stocks 1.101 62



Total disbursements $845, 363 91



Balance $2,757,640 64



LEDGER ASSETS.

Mortgage loans on real estate, first liens $307,100 00

Book value of bonds, $1,407,119.46, and stocks,

$827,572.90 2.234,692 36

Cash in company's oflice $200 00

Deposits in trust companies and

banks on Interest 68, 357 43

68,557 43

Agents* balances representing business written

subsequent to October 1 1913 138,556 14

Agents' balances representing business written

prior to October 1, 1913 7, 154 48

Other ledger assets :

Western Adjustment & Inspection Co 200 00

Reinsurance recoverable on paid losses 1,374 88

Reinsurance recoverable on paid adjustments . . 5 35



Total ledger assets $2,757,640 64



NON-LEDGER ASSETS.

Interest due, $675.00 and accrued, $2,619.18 on

mortgages $3, 294 18

Interest accrued on bonds 15,848 32

Total 19,142 60

Gross assets $2,776,783 14



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written

prior to October 1, 1913 $7,154 48

Book value of ledger assets over market value.. 136,361 86

148,515 84

Total admitted assets $2,633,267 80



Digitized by



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366



COMMONWEALTH INS. (XL OP NEW YORK.



LIABILITIES.

Gross losses adjusted and unpaid

Gross claims for losses In process of adjustment
or In suspense, plus |1,377.00; reserve for
losses incurred prior to December 31 of whicli
no notice had been received on that date....

Gross claims for losses resisted



Total

Deduct reinsurance due or accrued.



$17,049 00



68.130 58
11.839 27



197.018 84
20.886 00



Net amount of unpaid losses and claims 176.182 84

Gross premiums (less reinsurance) received and receivable upon

all unexpired Are risks, unearned premiums 842.178 12

Salaries, rents, expenses, bills, accounts, etc., due or accrued... 1,500 QO
Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 30.000 00

Total amount of all liabilities except capital |949.810 96

Capital actually paid up in cash 1500.000 00

Surplus over all liabilities 1. 183.456 34

Surplus as regards policyholders 1,683.456 84

Total liabilities $2,683,267 30



RISKS AND PREMIUMS.



Fire risks.

In force on the 3Jst day of December, 1912.. |220,823.297

Written or renewed during the year 185,033,621

Total 1405.856.918

Deduct those expired and marked off as ter-
minated 173.142.397

In force at the end of the year $232,714,521

Deduct amount reinsured 48, 950, 587

Net amount in force $183,763,934



Gross

premiums

thereon.

$1,961,107 82

1.543.971 52

$3,505,079 34

1.435.204 85

$2,069,874 49
441,127 58

$1,628,746 91



RECAPITULATION OP FIRE RISKS AND PREMIUMS.









Gross


•d










premiums


og


Anaount of


Year


Term.


Amount


ch&rifed.


t^ et


premium


written.




covered.


less re-
insurance.


£3


unearned.


1913


One year or less . . .


$64,211,754


$580,526 20


1-2


$290,263 10


1912


Two years


790.535


4.739 85


1-4


1.184 96


1913


Two years


2,331.341


18,3^ 37


3-4


13.772 63


1911


Three years


22,218,302


191,812 37


1-6


31,968 72


1912


Three years


28,833,754


201,468 56


1-2


102,234 28


1913. H....


Three years


29,846,735


239.917 50


5-6


199,956 30


1910


Four years


200,185


1,592 10


1-8


199 01


1911


Four years


171,963


1,654 38


3-8


620 37


1912


Four years


293.865
719,447


2,326 30


5-8


1,458 90


1913


Four years


6,809 06' 7-8


6,036 66


1909


Five years


6,471,893


74,553 00


1-10


7,455 30


1910. . . .


Five vears


5,658,242
7,016,842


69,011 31
73,804 73


3-10
1-2


20,703 39


1911


Five years


36,902 36


1912


Five years


6,423.770


68,574 85


7-10


48,001 36


1918


Five years


7.899,563


83,610 01


9-10


75,249 00




Over five years ....
ToUls


1 676.243


I 6.862 21' P. R.


6,176 88




$183,763,934


$1,628,746 91




$842,178 12



Digitized by



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COMMONWEALTH INS. CO. OP NEW YORK.



367



BUSINESS IN THE STATE OP WISCONSIN DURING THE YEAR.

Fire.

Gross risks written $6,979,700 00

Less $1,395,940.00 risks cancelled, and $1,848,951.00 reinsur-
ance in companies authorized in Wisconsin

Net risks written $3,784.809 00

Gross premiums on risks written $07. 584 92

Less $8,670.50 return premiums ; and $17,565.09 premiums for

reinsurance In companies authorized In Wisconsin

Net premiums received $41.849 33

Losses paid (deducting salvage) $18,000 63

Less losses on risks reinsured in companies authorized in Wiscon-
sin • * • •

Net losses paid $ 16.488 71

Losses Incurred " $22,476 63

Less losses on risks reinsured in companies authorized in Wiscon-
sin

Net losses Incurred $19,741 71



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Add unearned premiums Dec. 31
of previous year



Total

Deduct i>nearned premiums Dec. 31,
end of the year



Premiums earned during the year.



XNDERWRITINO PROFIT AND
LOSS ITEMS.

Gain from agents* balances previously
charged off



Loss from agents* balances charged
off



Loss from nbnvA . . .

Agents' balances and bills
receivable not admitted
Dec. 31. 1912

Agents' balances and bills
receivable not admitted
Dec. 31, end of the year



$873,448 69
805,012 21



I



$1,678,460 90
842,178 12



$20 32
290 07



$4,006 07



$269 75



7,154 481 1-



1^88 from above



Loss from underwriting profit and
loBB items



I
$836,282 781.



I
3.148 411.



3.418 161.



Underwriting Income earned during'
the year |.



$832,864 62



Digitized by



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368



COMMONWEALTH INS. CO. OP NEW YORK.



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



LOSSES.



I



Losses paid | $453,530 C8

Deduct- unpaid losses Dec. 31 of pre-)
vious year • 84,739 32



Balance | $368,791 36|

Add unpaid losses Dec. 31, eud of the| !

year I 76,132 84



Losses incurred durlncr the year I.

1

UNDERWRITING EXPENSES. I

Underwriting? expenses paid during!
tile year, less investment expenses,
$3 080.97 ;

Deduct underwriting expenses unpaid,
Dec. 31 of previous year I



Balance

[ting ex
Dec. 31, end of the ye



I-



$333,223 06'
31.500 001




$303,723 06
31.500 00



Underwriting expenses incurred dur-l
ing the year |



335,223 061



Underwriting lo8<<es and expenses ...'.

Gain from underwriting during the'
year I .



INVESTMENT EXHIBIT.
Interest and Rents.



I






I



I I

Interest, dividends and rents received | I

during the year | $107,258 15!.

Deduct interest, dividends and rent.«^,i |

due and accrued Dec. 31, end ofl I

the year ! 16,801 94|.

I 1

Palance I

Add interest, dividends and rents duel
and accrued December 31. end ofl
the year (



Total



$90,456 21t

I

I
19,142 50



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ..



$100,598 711



1,180 371



Investment income earned during the|
year I.



LOSS ON INVESTMENTS.

Loss from sale of ledger assets 1 $2,137 51

LoRQ frnm d**^rea8e In book value or
ledger assets I 1,101 62

Lo<»s from change In difference be-j
tween book and market value dur-
ing the year ) 102 316 13

Loss on investments daring the yearj.



780,147 26



$6t.7l7 36



$110,779 06



I
$106,650 26).



Digitized by



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COMMONWEALTH INS. CO. OP NEW YORK.



36d



UNDERWRITING AND INVESTMENT EXHIBIT-Continued.



INVESTMENT EXPENSES.

Investment expenses paid during tlioj
3*ear '



3.080 971.



InveHtment losses and expenses dur-f I 1

Ing the year ' I I 108.636 23

I I I

Gain from investments during tbel
year I .






93.142 85



MISCELLANEOUS EXHIBIT.



Dividends declared to stocklioldorsl
during the year (.



Gain in
Surplus.



Total gains and losses in surplus

during the year I I

Surplus Dec. 31. 1912 $1,178,506 13'

Surplus Dec. 31. 1913 1 1,183,456 34'.



$54,860 21



I



Loss in
Surplus.

$30,000 00



$S0.000 00



Increase in surnlna durinir the veari


1


4.860 21








Totals 1


$54,860 211

1


$54,860 21


1





Per cent of losses incurred to premiums earned 53.10.
Per cent of underwriting expenses incurred to premiums earned 40.08.
Per cent of investment expenses Incurred and rents earned 2.88.
Per cent of '^^t^^ I'^'eses and expenses incurred and dividends declared to
total income earned 99.48.

24— Ins.— I



Digitized by



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370 CONNECTICUT FIRE INS. CO.



CONNECTICUT FIRE INSUSANCE COMPANY,

Hartford, Conn.

[Incorporated June, 1850; commenced business July. 1850; admitted into Wis-

sin 1872.]

PiTsIdent. EDWARD MILLIGAN. Vice President. WM. T. HOWE.

Secretary, JOHN A. COSMUS

CAPITAL STOCK.
Amount of capital paid up in cash $1,000,000 00



Amount of ledger assets, December 31 of previous year $7,741,005 41

INCOME.

Fire.

Gross premiums $5,814,090 18

Deduct reinsurance premuims, fire. $739,741.65;

return premiums, fire, $686 335.82 1,426,077 47

Total premiums (other than perpetual) $8,888,021 66

Gross interest on mortgage loans $49,027 73

Gross interest on collateral loans 2,247 44

Gross interest on bonds and dividends on stocks,
less $2,512.36 accrued Interest on bonds ac-
quired during the year 237, 179 92

Gross interest on deposits in trust companies and

banks 4,186 02

Gross interest from all other sources: Bills

receivable 1 , 502 91

Gross rents from company's property, including
$8.1R6..34 for company's occupancy of its own
buildings 8,578 64

Total gross interest and rents 802,722 66

From agents' balances previously charged off 226 99

Gross profit on sale or maturity of ledger assets :

Real estate $20,000 00

Bonds 852 50

Stocks 9,854 25



80,206 75



Total Income $4,221,178 06



Total footings $11,962,183 4T

DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses (in-
cludini? $317,9.32..*14 occurring in previous

years) $2,601,978 87

Deduct amount received for salvage, flre,
$15.460 42:. reinsurance flre, $416,955.42;
discount, flre, $836.01 433,261 86

Net amount paid policyholders for losses $2,168,727 02

Ernen^e of odlURtmAnt and settlement of losses 85.. 119 09

Commissions or brokerage 882.686 44

Allowances to local agencies for miscellaneous agency expenses 14,696 90

Salaries, $104,885.67, and expenses, $59,828.44, of special and
general agents 164,214 11



Digitized by



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CX)NNECnCUT PIRE INS. CX). 371

Salaries, fees and all other charges of officers, directors, trus-
tees and home office employes. . . . b - 228, 539 26

Bents, including |8,160.S4 for company's occupancy of its own

buildings 31,218 77

Advertising. $17,242.22; printing and staUonery, $34,876.88 62.110 10

Postage, telegrams telepnone and express 22,581 60

Legal expenses 18.680 81

li'umiture and fixtures 4,316 90

Maps, Including corrections 12,950 27

Underwriters' t>oards and tarllT associations 28,119 79

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

taxes and expenses 26, 743 90

Inspections and surveys 38,069 30

Repairs and expenses (other than taxes) on real estate 266 27

Taxes on real estate 2,377 05

State taxes on premiums 70,619 43

Insurance department licenses and fees 20,800 25

All other licenses, fees and taxes :

Federal corporation tax $3, 563 94

Municipal licenses and fees. 6,177 48

Stoclcholders tax 28,710 80



38.442 22
Paid stockholders for interest or dividends (amount declared

during the year, $180,000: special dividend, $750,000) 030.000 00

Agents' balances charged off 2, 199 76

Gross loss on sale or maturity of ledger assets:

Real estate $1,289 00

Bonds 45,623 56

46,912 56

Gross decrease by adjustment, in book value of ledger assets:

Real estate . . . . , 3,250 00

Total disbursements $4, 788,798 80

Balance $7,173,384 67



LEDGER ASSETS.

Book value of real estate $3,250 00

Mortgage loans on real estate, first liens 1,000,100 00

Loans secured by pledge of bonds, stocks or other

collateral 30,000 00

Book value of bonds, $4,998,792.61, and stocks.

$298,705.66 5,297.498 27

Cash in company's office $574 73

Deposits in trust companies and

banks not on interest 82,650 29

Deposits in trust companies and

banks on interest 398,212 54



431.337 56
Agents' balances representing business written

subsequent to October 1, 1913 355,540 00

Agents' balances representing business written

prior to October 1, 1913 7,218 86

Bills receivable, taken for fire risks 48.444 98

ToUl ledger assets $7,173,384 67



NON-LEDGER ASSETS.

Interest accrued on mortgages $11,481 63

Interest accrued on bonds 28,471 88

Interest accrued on collateral loans 403 76

Total 40.857 26

Gross assets $7,218,741 98



Digitized by



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S72 CONNECTICU*r FIRE iKS. CO.



DEDUCT ASSETS NOT ADMITTED.

Agents* balances, representing business written

prior to October 1, 1913 $7.^13 86

Bills receivable, past due, taken for marine, in-
land and fire risks 27,795 55 *

Book value of ledger assets over market value :

Bonds and stocks 417,183 27

462,192 68



Total admitted assets $6,761,649 25



LIABILITIES.

Gross losses adjusted not yet due $72,852 47

Gross claims for losses in process of adjustment

or In suspense, plus $20,000.00; reserve for

losses Incurred prior to December 31 of which

, no notice had been received on that date 236,313 27

Gross claims for losses resisted 60,382 18

Total $369,547 92

Deduct reinsurance due or accrued 63,189 59

Net amount of unpaid losses and claims $306,358 38

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks, $7.992,806.18 ; unearned premiums 4,080.430 32

Salaries rents, expenses, bills, accounts, fees, etc., due or ac-
crued 11,600 00

EKtimiitefl nmount herraftcr payable for fedtral, state and other

taxes based upon business of the year of this statement 40,000 00

Commissions, contingent or other charges due or accrued 761 70

Total amount of all liabilities except capital $4,439,140 35

Capital actuall.v paid up in cash $1,000,000 00

Surplus over all liabilities 1,322.408 90

Surplus as regards policyholders 2,322,408 90

Total liabilities $6,761,549 25



RISKS AND PREMIUMS.

Gross
premiums
Fire risks. thereon.

In force on the 3l8t day of December, 1912.. $8.^6.054,242 $9,028,971 69

Written or renewed during the year 492,505,512 5,314,099 13

Excess of original premiums over amount re-
ceived for reinsurance 1,724 00



Total $1,328,559,754 $14,344,794 82

Deduct those expired and marked off as ter-

minatoil 468,427,540 5.297. 72.'{ 96



In force at the end of the year $860,132,214 $9,047,070 86

Deduct amount reinsured 93,904,089 1,054,264 68



Net amount in force $766,228,125 $7,992,806 18



Digitized by



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CONNECTICUT FIRE INS. CO.



373



RECAPITULATION OP FIllE RISKS AND PREMIUMS.



Year
written.



Teim.



1013...
1012...
1013...
1011...
1012...
1013..,
1010...
1011...
1012..,
11H3. . .
lOtW..'.
1010...
1011...
1012...
1013...



Gross
. . \ premiums

Amount churffed,

covered. j^^s re-

Inburance.






fcS



Amount of

U'emtum

unearned.



One year or less ...I $138. 222, 423 j ?1,

Two years | 2.187.5X4^

Two years I 2.438.837!

Three years 13C,G34.202l 1,

Three years ir>4, 123.0)3, 1.

Three years | iai,454.4C2t 1,

Four years I 800,0491

Four years ' VKS3,Glo;

Four years | l.flT7.3GCl

Four years | 877,0171

Five years | 31.8(r>,27s;

Five yea rs | 31 . 343 ,02.1;

Five years I 32..%8r.,85.3!

lOIve years ' .32, 1 ir., 124'

Five years I 3o,8!M.138I

Over five years | 533,3541

Totals I ?76C,228,125' $7,

I



081,811 Oil 1-2 i


$840,005 95


17.275 75 1-t


4,318 04


18,002 00 3-4


14,244 74


310.380 82 1-0


210.898 30


472.100 00 12


7,30. 0-.3 04


550.731 08! 5^


1,202.275 OO


8,002 05 1-8


1.080 51


10.2(M3 47 3-8


3.827 43


ll,i:W 32 5^-8


0.001 45


8.435 00 7-8


7.381 41


370,843 02 110


37,084 ?0


375,345 75' 3 10


1 12.003 73


370,555 70 1-2


185.277 88


301.322 30 7-10


2.52.025 01


40.3.100 02! 0-10


302,871 02


3,708 351 P. R.

1


1.814 08


002,800 18'

! 1


$4,t'80,43D 32



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



I
I
. l_

if ross risks written j

IjO*h $1,087,810 risks cancelled, and)
$147,720 reinsurance In companlesl
authorised In Wisconsin !

Net risks written |

h

(•ross premiums on risks written ....'

Ja^^ $11.4S0.<0 return premiums; and!

$1,410.K5 premiums for reinsurance'

in companies authorised In Wiscon-'

sin I

Net premiums received |

Losses paid (deducting salvage) '

Losses incurred '



Fire.



I I

I Tornado. !

I I



Total.



$8,033.8281 $1,015,0801



I
1.721.0801



114.4.53'



$0,012,742'



$0,040,817
1,835.539



$901,5301 $7,814,278



$91,277 311



12.101 47;
$82,115 .541
"$J4 ."oioloi "

' $4i).o')rii'



$5,412 501 $?0,0S9 88



747 471



12,008 01



$4,005 101
~$l"7.53~3^i'
"$1,719 381"



$80,780 94
$2^37323
"$i27(5b~49



Digitized by



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374



CONNECTICUT PIRE INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT.



I



UNDERWRITING EXHIBIT.
PremiumB.

Total premiums, $3,888,021.66; less
$380,000

Add unpaid return and reinsurance
premiums Dec. 31 of previous year

Total ...:

Add unearned premiums
of premiums year



Dec. 31



Total

Deduct unearned premiums Dec. 31.
end of the year



Premiums earned during tbe year



$3,506,021 661

100.000 oo|



$3,608,021 661.
4.111.887 661.



$7,719,909 321.
4.080.430 32|.



.) $3,639,479 00|

I



UNDERWRITING PROFIT AND I



I



LOSS ITEMS.



1



Gain from afrents' balances previously
charped off

Loss from agents' balances charged
off



Loss from above

Agents* balances and bills

receivable not admitted

Dec. 31, 1912 $32,672 37

Agentf^ balances and bills

receivable not admitted

Dec. 31. 1913 35,009 41



$226 99
2,199 76



$l,9r2 77



Loss from above



-I



2.337 04



Loss from underwriting profit and
loss items '. 1.



Underwriting Income earned during'
the year I .



4.309 81



LOSSES.



Losses paid I

Deduct unpaid losses Dec. 31 of pre-|
vious year



!-



Balance

Add unpaid losses Dec. 31, end of the I
year «



Losses Incurred during the year .
UNDERWRITING EXPENSES.



I
$2,168,727 021.

322.200 85|.

$l.gl6.626 171.
!
306,358 331.



$3,685,169 19



.1 $2,152,884 501

I
I



I'nderwrltlng expenses paid during! 1

the year, $1,606.355 34; less percent- I

age for investments, $8,331.47 1 $1,508,023 87|.

Deduct underwriting expenses unpaldl I

Dec. 31 of previous year I 160,000 001 .



Balance

Add underwriting expenses unpaid
Dec. 31, end of the year

Underwriting expenses Incurred dur-
ing tbe year



I-



$1,438,023 871.
52,351 701,



I
.1 1,490.375 571



Underwriting losses and expenses ...I.

Loss from underwriting during the)
year !•



3.643.260 07



$8,Mt 88



uiyiLizeu uy ■



d'"



CONNECTICUT FIRE INS. CO.



375



UNDERWRITING AND INVESTMENT EXHIBIT—Contlnucd.



INVESTMENT EXHIBIT
Interest and Rents.

Interest dividends and rents received)
dnrin^r the year (

Deduct Interest, dividends and rents,]
due and accrued Dec. 31. end off
the year I

Balance I

Add Interest, dividends and rents duel
and accrued December 31, end ofl
the year I



$302,722 661.

41,873 88|.
|2eO,S48 78!.

40.357 261.



.!.



Total I I $301,206 041.



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ..



Investment Income earned during thel
year I.



I
I
I
I
80,206 751.



LOSS ON INVESTMENTS.



1



.1 $331,412 79

I

I



Loss from sale of ledger assets I

Loss from decrease In book value of!



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