Report online

Net risks written $2,106,289 00

Grss nremfums on risks written $1R.540 3r»

I^'ss return prenihims 9. 799 24

Net premiums received $8. 741 12

LoRces paid (d'^ductln.*: salvage) $3,618 21

Lo«*se'j Incurred $3,618 21



Digitized by



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FEDERAL INS. CO.



409



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



I



Total premiums | $1,305,246 27

Add unpaid return and reinsurance
premiums Dec. 31 of previous year| 121,542 19



1



Total ..: I $1,486,788 46

Add unearned premiums Dec. 31 of I

previous year I 615, ia5 35|



I-



Total I $2,101,973 8i\

Deduct unearned premiums Dec. 31,]
end of the year | 611,144 33

Premiums earned during the year . . |



UNDERWRITING PROFIT AND I
LOSS ITEMS.



$1,490,820 48



Gain from other underwritlni? income]

Loss from agents' balances charged'

off i

Loss from above

Agents' balances and bills

receivable not admitted i

Dec. 31, 1912 $37,548 971

Agents' balances and bills . j

receivable not admitted |

Dec. 31, end of the year 83.269 301



I
$252 19'.
2,509 57 .



I $2,257 38].

I



Gain from above



4,279 67



Gain from underwriting profit and!
loss items j .

Underwriting income earned durlng|
the year I.



2,022 29



LOSSES. j I

Losses paid I $548,544 441.

Deduct salvage and reinsurance re-| |

coverable Dec. 31, end of the yearj 62.843 031.

I 1

Balance I

Add salvage and reinsurance recov-|
erable Dec. 31 of previous year ...|

I 1

Total I $5r>3,2e9 34'.

Deduct unpaid losse.s Dec. 31 of pre- 1 j

vious year | 869, 147 171 .



$1,492,851 77



•1.



I
$485,701 411 r.

67,567 93 |..



I



Balance

Add unpaid losses Dec. 31, end of thei
year |



I



Losses incurred during the year . .
UNDERWRITING EXPENSES.



$184,122 171 .
I
450,428 96|.



-I



f



.1 $634,551 131.



I



Underwriting expenses paid during)

the yeor , I

Deduct underwriting expenses unpaidi

Dec. 31 of previous year |

I-

Balance I

Add underwriting expenses unpaldl

Dec. 31, end of the year I

I-



$669,442 171.
128. a55 431.



-I
$540,586 741.



.1.



100. 892 81' I.



-I



Digitized by



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410



FEDERAL INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



Underwriting expenses incurred dur-
ing the year



Underwriting losses and expenses

Loss from underwriting during the'
year



INVESTMENT EXHIBIT.
Interest and Rents.



I



641,479 55



Interest, dividends and rents received]
during the year f

Deduct interest, dividends and rents'
due and accrued Dec. 31, end ofj
the year |

Balance |

Add interest, dividends and rents due
and accrued Dec. 31, end of the)
year l



$116,554 281.
I
I
28,973 33|.



$87,680 95
33,465 83



Total

PROFIT ON INVESTMENTS.

Gain from increase in book value of
ledger assets



$121,046 78



2.563 37



Investment income earned during the|
year j.



LOSS ON INVESTMENTS. I

Loss from sale of ledger assets |

Loss from decrease in book value of

ledger assets |

Loss from change in difference be-|
tween book and market value dup
Ing the year ,

Loss on investments during the year*.

INVESTMENT EXPENSES. [

Investment expenses paid during tho|
year I .



$1,877 48
4,608 90

74,571 39



Investment losses and expenses dur-
ing the year |



Gain from investments during the|
year |.



MISCELLANEOUS EXHIBIT. I

Dividends declared to stockhplderal
during the year |



1,276,030 68



$216,821 09



$123,610 19



I
$80,657 77 .



3,212 781.



Gain in
Surplus.



Total gains and losses in surplus' I

during the year j f

Surplus Dec. 31, 1912 $988,393 661.

Surplus Dec. 31, 1913 1,135,054 351.



$256,660 69|



Increase in surplus during the yearl.

I

Totals '.



$256,660 69|



83,770 55



$39,839 60

Loss in
Surplus.

$110,000 00



$110,000 00



146.660 69



$256,660 69



Per cent of losses incurred to premiums earned 42.56.
Per cent of underwriting expenses incurred to premiums earned 43.02.
Per cent of Investment expenses incurred to interest and rents earned 2.654.
Per cent of total losses and expenses incurred and dividends declared to
total Income earned 00.92.



Digitized by



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^EbEttAt uKiok liJB. CO* 411



FEDE&AL UNION ZNgUBANCE 60ttPANT^

Chicago^ IlL

Home Office, 175 WEfeT JACKSON BLVt)*

[Incorporated 190S; coaimenccd business August 4, 1008; admitted be«

cember. ii)08.J

President. V. F. MAS'IKK. Vice President. M. F. Rll^l'KNHOIISK.

Secretary, F i\. ()«HOKN.

CAPITAL STOCK.
Amount of capital paid up in cash $100,000 00



Amount u£ ledger assets, December 31 of previous year $230,035 1^

iK'OOME.

Marine
Fire. and inland.

Gross premiums $106,716 00 $59,020 00

l>educt reinsurance premiums,
tire. $15,750.67 ; marine and in-
land. $7,030.44 ; return premi-
ums. Are, $15,467.26: marine and
inland, $6,107.:{8 31,217 03 12,137 82



Total premiums (other than

perpetual) $75,408 07 $47,702 08 $123,200 13

Gross interest on mortgage loans, less $246.52
acci*ued interest on mortgages acquired dur-
ing the year $3,065 22 *

Gross interest on bonds and dividends on stocks,
lees $146.07 accrued Interest on bonds acquired
during the year 4 ,430 .36

Gross interest on deposits in trust companies

And banks 1 , 044 07



Total gross Interest and rents 0, 449 53

From agents' balances previously charged oflf 17 27



Total income $132 . 756 07

Total footings ' $363,602 QO

DISBURSEMENTS.

Marine
' Fire. and inland.

Gross amount paid policyholders
. I'or losses (including $24,403.80
occurring in previous years).... $53,514 02 $61,708 04
Deduct amount recolvi'd for salvage.
Are, $142 ; marine and inland.
$3,758.76: reinsurance, fire, $11.-
036.88: marine and inland, $7.-
608.86; discount, fire, $137.06.. 11,310 54 11,367 02



Net amount paid policyhold-
ers for losses.^ $42,108 38 $50,431 32 $02,620 70



Digitized by



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412 FEDERAL UKlON INS. CO.

Expenses of ndjustment and settlement of Iosbos 561 IS

Commlftsions or brokera^ (including $U,804.4t on risks of other

companies reinsured) less $5,077.21 reinsurance commissions
Allowances to local ai^encies for miscellaneous apency expenses
Salaries. $120.42. and expenses. $285.84, of special and greneral

agents

Salaries, fees, and all otltor charges of officers, directors, trustees

and home oflice employes

Rents

Advertising. $268.21; printing and stationery. $630.81

Po8taj?e, telegrams, telephone and express

Furniture and fixtures

M«.ps, including corrections

TTnderwriterH* t)oards and tariff associations

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

taxes and expenses

Inspections and surveyj"

Stnte taxes on premiums

Insurance department licences and fees

AH other licenses, fees and taxes:

Tederal corporation tax $102 50

Personal property tax 7 40

Other disbursements : Sundry home office expenses

Paid stockholders for interest or dividends (amount declared

during the yeai*) 3,000 00

Agents' tialances charged off 18 26



23,463


38


243


82


406


26


7,568


13


1,362


84


899
463


u


35


76


231


00


1,299 93


437


19


• 481


66


835


64


476


26


109


90


143


60



Total disbursements $134 ,667 42

Balance $229,024 67



LEDGER ASSETS.

Mortgage loans on real estate, flrst liens $75,300 00

Book value of bonds 1 15, 450 00

Oepofilts in trust companies and

hanks not on interest $753 89

Deposits in trust companies and

banks on interest 20,810 79

21,564 68

Agents' balances representlnc business written

vubsequent to Octolw^r 1, 1013 16,709 99

Total ledger assets $229,024 67



NOX LEDGER ASSETS.

Interest accrued on mortgages $1,288 18

Int«»rest accrued on bonds 1 ,095 00

Interest accrued on other assets, 200 00

Total 2,583 18

Gros.*? assets $231 , 607 85



DEDUCT ASSETS NOT ADMITTED.
Book value of ledger assets over market value: Bonds 3,634 00



Total admitted assets $227,973 85



Digitized by



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FEDERAL UNION INS. CO.



413



LIABILITIKS.

Gross claims for losses In jwocess of adjustment
or In susp+^nse, plti?? $500; reserve for losseH
incurred piior to Ueeember 31 of which no
notice had been received on that date

Deduct reinsurance due or accrued



$*Jl,8:t7 94
742 50



Net amount of unpaid losses and claims

Gross premiums (less reinsurance) received and
receivable upon all unexpired fire riskn, $1>6,-

5.S7.6.S ; unearned premiums $55,480 19

Gross premiums (less reinsuran<re) (cash and
hills) received and receivable upon all unex-
pired in'and navipiflon risks, $0,087. 5*1 ; un-
earned premiums (fifty per cent) 4,54.'{ 77

Tcitnl unearned i>remlums as computed above

RsMniated amount hen^after payable for federal, state and other

tixxoy baseJ upon huslniss of the year of this statement

Commissions, contingent or other charges due or accrued



Total amount of all liabilities; except capital.



Cai»itnl jietually i>aid up in cash.
Surplus over all liabilities.



$100,000 00
45.054 45



Surplus as regards policyholders.
Total liabilities



$21,095 44



60,023 00



1,000 00
8(H> 00



$82,910 40



145,054 45
$227,973 85



lilSKS AND PUKMllIMS.



In force on the 31st day
of December, 1912...

Written or renewed
during the year

Excess of original pre-i
niiums over amount
received for reinsur-i
ance '



Fire riaks.



$7,977,101
9,186,93.S



Gross

premiums

thereon.



Marine

and Inland

risks.



!-



I
$95,514 611

106,716 001

I

I

I

732 56i.



$1,271,675
5,920,480



Gross
pn iDiums
thereon.



$45,051 49
59,920 90



Total $17,164,0391 $202,963 17| $7,192,15.'il

Deduct thojse expired] | |

and marked off asf ' I

terminated I 7,024,6661 88,324 09 1 6,251,424

I 1

Tn force at the end I

of the year (

Deduct amount rein-!
sured 1



I I

$10,139,3731 $114,639 08| $940,731

L ' â– 

1,428.718^ 18,051 40| 211,7801



-^1^.



Net amount in force! $8,710,6551 $96,587 68'



I



!



I



$728,951




$15,606 93
6.519 40



$9,087 63



Digitized by



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414



FEDERAL UNION INS. CO.



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year
writiti..



1913
1911
1912
1913
1910
^912
lpl3
1909
1910

%m

1912
1913



Term.



One year or less
Three yeara ...
"I'hree years ...
Three years ...
Four years ....
Four years ....
Four years ....

Five years

Five years

Five years

Five years

Five years |

I-



Atnourt
covered.



$4,613,957

406,271

772.475

1,633,791

3,000

7,750

10,650

135.850

114,301

lOO.SQO*

253,3801

568,4001

1.



Gross
proniiuins
chartred.
less re-
insurance.



Is

fie

Is. »*



Amount of
iTemtum
unearned.



$50,761 08


1-2


$25,380 54


4.325 46


1-6


720 91


6,979 00


1-2


3,489 50


16,301 87


6-6


13,584 89


23 91


1-2


299


64 75


5-8


40 47


87 87


7-8


76 89


1,686 69


1-10


168 66


1.625 83


3-10


487 75


2,709 90


1-2


1.354 95


3,233 15


7-10


2.263 20


8,788 27


9-10


7,909 44



Totals I $8,710.6551 $96,587 68|.

I ' I



$55,480 19



BUSINESS IN THK STATE OF WISCONSIN DURING THE YEAR.



"â– 


Fire.


Marine and
Inland. |


Total.

1


Groga risks written


$288,288
47.488


$704,240
9.400


$987,478
56.a33


LeiB $80. 8Q0 riski cancelled, and
$20,488 reinsurance In companies
authorised iu Wisconsin


1




Net risks written


$186,805


$694,840


$880,645






Gross premiums on risks written ...

Less $408.65 return premiums; and
$512.93 nremiuras for reinsurance in
companies authorized In Wisconsin


$3,891 141

094 18

j


$2,454 11
222 40


$5.845 25
916 98


Net premiums received

Losses paid (deducting salvage) ...
Losses incurred


$2,696 96t
$1,032 251
$1^32 25


$2,231 71
$3,016 63
$3^o"68

1


$4,928 67
$i;048'"87
$4744~2"93


1


1





Digitized by



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FEDERAL UNION INS. CO.



415



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



I



Total premiums I $123,290 151

Add unearned premiums Dec. 31 of}

previous year I 00,804

Total I $183,504 4l|

Deduct unearned premiums Dec. 31. i I

end of the year ( 60,028 96|



Premiums earned during the year ..i | $123,570 45i.



UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agents' balances previously
charged off

Loss from agents' balances charged
off



Loss from above



.1.



Underwriting income earned durlngi
the year |.



I

$17 271 .

18 26.



.1



991.



$1:33. w n



LOSSES.

Losses paid I

Add salvage and reinsurance recov-I
erable Dec. 81 of previous year.... I

Total r

Deduct unpaid losses Dec. 81 of pre-
vious ye^r t

Balance ' I

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

losses incurred during the year ....I.



UNDERWRITING EXPENSES. I

Underwriting expenses paid duringi

the year I

Deduct underwriting expenses unpaidi

Dec. 81 of previous year I

!_

Balance I

Add uriderwritlng expenses unpaldl

Dec. 31. end of the year I

I-
Underwritlng expenses Incurred dur-l
Ing the' year f.



I



I
$92,629 701.
I
264 541.

1

$92,894 241.

28.219 941.



-I



$69,674 80'.



I



21,099 441.
1



!



$38,767 96!.

I
1.800 00!.

1

$36,967 951.

I
1,800 001.
1



I



.1.



I
$90,769 74'.



I
38.767 9.5'.



Underwriting losses and expenses ..I I • 129.537 69

I I !

Ivoss from underwriting during the! I »

ywr ...i »..^.^........| I $5,968 Zi



Digitized by



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416



FEDERAL UNION INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



IXVBSTMKXT EXHiniT.
Interest nud RentB.

Interest, dividends and rents received!
during the year |

Deduct Interest, dividends and rents'
due and accrued Dec. 3K end of I
the year

Balance I

Add interest, dividends and rent<< duej
and accrued Dec. 31, end of the!
year I



Total



LOSS ON INVESTMENTS.

Loss from cban ire In difference he-'
tween book and market value dur-l
Ing the year '



INVESTMENT EXPENSES.

Investment expenses paid during tbel
year



Investment losses and expenses dur-'
Ing tbe year

Gain from Investments during tbel
year !



MISCELLANEOUS EXHIBIT.

Dividends declaretl to stockbolders"!
during tbe year '



Total gains and losses In surpUisI

during the vear I

Surplus Dec. 31. 1J)1? I

Surplus Dec. 31, 1913 1

I
Decrease in surplus during the year'

r

Totals '




$8.96S tS



Per cent of losses incurred to premiums enrned 73.4.'».
Per cent' of underwriting expenses incurred to premiums earned 31.4.,
Per cent of Investment expenses incurred to interest and rents earned 2.6.
Per cent of total lossog and expenses incurred and dividends declared tq
total Income earned 101.2,



Digitized by



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FIDELITY-PHENIX PIRE INS. CO. » 417



FIDEUTT^PHENIX FIRE INSUBANOE COMPANY,

New York City.

Home Office. 80 HARDEN LANE.

[Incorporated March 1, 1910; commenced business March 1, 1910.]

Date of ndmlssion Into Wisconsin, March 11, 1910.

President. HENltY EVANS Vice President, GEORGE E. KLINE.

Secretary, DAVID RUMSEY.

CAPITAL STOCK.

.\mount of C4ipitul pakt up In cash $2,500,000 00

Amount Of ledg;er ftss^ta December 31 ot preyious year $15,113,286 27

INCOME.

Grots premiums $8,576,673 H $241,002 81

Deduct reinsurance premiums,
fire 11,208,407.82 marine
.and Inland, $49,503.69; re-
turn premiums, fire,
$l,20l,06t.86, marine and
Island, $68,818.18 2,409,969 68 117,817 02

Total premiums (otlitr

than perpetual) $6,166,703 76 $123,185 79

Gross interest on mortgage loans $1,455 83

Gross interest on bonds and dividends on stocks,
less $4,729.57 accrued interest on bonds
acquired during 1913 504,502 21

Gross interest on deposits in trust companies and

banks 27,245 76

Gross rents from company's property, including
$5,500.00 for company's occupancy of its own
building^ 33,384 22

Total gross Interest and rents 508, 439 62

From other sources :

Commissions of %% In $250 000 Southern

Pacific Co. Stock Syndicate $1 ,562 50

Commission of 2% and profit In Baltimore &
Ohio R. R. Co. 4V»% Convertible Gold Bond
Syndicate 5,028 35

Commission of 2%% In Syndicate to under-
write sale of certificate of Interest In South-
em Pacific Co. Stock 2,500 00



$6,289,889 55



9.080 85

Increase In liabilities during the year on account
of reinsurance treaties 3,978 97

From agents' balances previously charged off 364 24

Gross profit on sale or maturity of ledger assets :

Bonds $1,427 00

Stocks 8. 094 00



Gross increase, by adjustment, in book value of
ledger assets :
Bonds I11.Q37 00



9,521 00



Stocks 304,772 00 315,809 00



Total Income â– . $7,197,088 23

Total footings . . . « ^ ^ ^ , ^ ^ . ; . ^ » » * . $22,810,869 60

27*-Illl.— -I



Digitized by



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418 FIDELITy-PHENtX FIRE INS. CO.



DISBURSEMENTS.

Marine and
Fire. inland.

Gross amount paid policyholders
for losses (including
$482,775.36 occurring in pre-
vious years) $4,022,044 51 $103,888 53

Deduct amount rooolved for
salvage, fire. $22,510.57; ma-
rine and Inland, $884.98 ; rein-
surance, Are $794,029.84; ma-
rine and Inland. $27,305.91... 816.540 41 28.190 89

Net amount paid policy-
holders for losses $3,205,504 10 $75,602 64

$3,281,196 74

Expenses of adjustment and settlement of losses 103,820 64

Commissions or brokerage 1.309,633 11

Allownnces to local agrcuciea for niiscellaueous agency expenses 1,192 <54
Salaries $157,850.34. and expenses $127,809.86. of special and

general agents 285.660 20

Salaries fees and all other charges of officers, directors, trustees

and home office employes 411,255 94

Rents, including $5,500.00 for companys occupancy of its own

buildings 64,460 71

Advertising, $28,711.96, prinUng and stationery, $39.602.96 68,314 92

Postage, telegrams, telephone and express 47,239 76

Legal expenses 1 , 273 72

Furniture and fixtures 6, 205 24

Maps, including corrections. 23,615 58

Underwriters* boards and tariff associations 77,058 74

Fire department fire patrol and salvage corps assessments, fees,

taxes and expenses * 30, 407 94

Inspections and surveys 13,162 99

Repairs and expenses (other than taxes) on real estate 5,131 4«

Taxes on real estate 3, 395 46

State taxes on premiums 119,695 95

Insurance department licenses and fees. , , 37,635 25

All other licenses, fees and taxes:

Federal corporation tax ". $ 2,569 07

Municipal taxes 14 , 398 83



16.967 90

Other disbursements :

Mercantile agencies $ 7,314 35

Miscellaneous 821 31

Exchange 10,595 39

Subscription to papers 1 , 497 08

Investment expenses (other than real estate) 2,601 90

22,830 12

Paid stockholders for Interest or dividends 250,000 00

Agents' balances charged off 63 16

Gross loss on sale or maturity of ledger assets :

Bonds $7.128 00

Stocks 14,440 00



Gross decrease, by adjustment, in book value of
ledt^r assets :

Real estate $279 50

Bonds- 79,873 00

Stocks 1,094,080 00



21,568 00



1.174,232 50



Total dlsburs^mpiits $7,876,008 67

"«^"^« - . . : I ,fH!9M'?Q0 39



Digitized by



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PIDELlTY-PHENtX FIRE INS. CO. 419



LEDGER ASSETS.

Book value of real estate $672,500 00

Mortgnjfo loans on roal estnte, first lions 23,500 00

Book valne of bonds, $2,540,052.00, and stocks,

$8,810,782.00 11,359,834 00

Cash in company's ofBce $1 , 809 57

Depo&its In trust companies and

banks on interest 1,696,428 37



1,698,237 94
Agents' balances representing business written

subsequent to October 1, 1913 856,109 71

Agents' balances representing business written

nrior to October 1, 1913 5,041 24

Bills receivable, taken for fire risks 411,637 94

Bills receivable taken for Atlanta Ga., real

estate sold 7, 500 00



Total ledger assets $14,934,360 83



NON-LEDGER ASSETS.

Interest accrued on mortgaffos $350 00

Interest due, $10,766.23 and accrued, $22,002.12

on bonds 32.768 85

Interest accrued on bank deposits 103 21

Interest accrued on bills receivable, taken for

Atlanta Ga., real estate sold 187 50

Routs due nnd accn^od on company's property

or lease .130 40

Total TTT. 38.739 47

Market value of bonds and stocks over book value 66,520 66

Dividends on stock sold exdividends prior to Dec. 31, 1913, 100

shares Reading, Co. second preferred 50 00

Gross assets $15,034,670 96



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written

prior to October 1. 1913 $5,041 24

Bills receivable, past due, taken for marine, in-
land fire risks 71,532 01

76.573 25

Total admitted assets $14,958,097 71



LIABILITIES.

Gross claims for losses in process of adjustment

or in suspense, plus $44,777.00 reserve for

losses Incurred prior to December 31, of which

no notice had boen received on that date $467,749 21

Gross claims for losses resisted 84,885 00

Total $552,684 21

Deduct reinsurance due or accrued 112,201 61

Net amount of unpaid losses and claims. |44p,4S2 60

Gross premiums (less insurance) received and * * . 1

receivable upon all unexpired fire risks, $13,-

368,178.78: unearned premiums $7,095,623 Q.

Gross premiums (less reinsurance) (cash and

bills) received and receivable upon all unex*

plred inland navigation risks, $130,648.48 ; un«

earned premiams (fifty per cent) , . , 66,894 S2

TotM WW^Wll prtmiumi M computed Ab07#. .»mm...»V...... T»*«Q.t)4T 41

Digitized by LjOOQK



420



PIDELITY-1*HENIX FIRE INS. CO.



Dividends declared and unpaid to stociiliolders 125,000 OO

Salaries, rents, expenses, bills, accounts fees, etc.. due or

accrued 25,000 00

Estimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement. .. . 142,000 00

Contingent commissions or other charges due or accrued 30,657 24

Funds held under reinsurance treaties ; reserve, $3,078.97 ; in-
terest, $24.55 4.003 52

All other liabilities:

Reserve for contested liabilities (not losses) 250,000 00

Reserve for contingencies 100,000 00



Total amount of all liabilities except capital $8,278,040 79

Capital actually paid up in cash $2,500,000 00

Surplus over all liabilities 4,180,056 02



Surplus as regards policyholders 6,680,056 02

Total liabilities $14,958,097 71



RISKS AND PREMIUMS.



Fire risks.



Gross
premiums
thereon.



In force on the Slst day
of December, 1912 . . .

Written or renewed
during the year



Total

Deduct those expired
and marked off as
terminated



$l,3ll,7flO,800j$14,27O.O80 54



811,755.400



$2,123,546,200
711,121,970



In force at the end|
of the year |$l,412,424,280l$15,024,520 1



Deduct amount
sured



rein-



I-



149,923,011



8.576.673 44



$22,846,762 98
7.822,242 06



1.656.342 15



Net amount in forcel$l, 262, 501, 219($13. 368,178 78

• ! I



Marine

and inland

risks.

I

I

$6,463,5051

8,893.088



$15,356,633
8.975,767



$6,280,866
1.678,068



I



$4,702,798



Grojis

premiums

thereon.



$182,785 29
241,002 81



$423,788 10
244.915 77



$178,872 83
48.223 90



$130,648 43



Digitized by



GoogI(



PIDEUTY-PHENTX PIRfi iNS. CO.



421



JRECAPITULATION OP PIRE RISKS AND PREMIUMS.



Year
written.



Term.



Amount
covered.



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



One year or less

Two years

Two years

Three years ....
Three years ....
Three years ....

Poor years

Four years

Four years

Pour years

Five years

Five years

Five years

Five years

FiYe years ,

Over five years .



$285. 2M,

4,132,

3,176,

163.129,

191.654,

214,057,

1,628,

1,881,

2,711,

1,913,

69,853,

57,939,

n,061,

90,851,

103,886.

3,067



819
324
367
578
562 1
431
510
782
436
721
669
942
195



Gross i

premiums

charged,

le^tf i-e-

insu ranee.



$3,



1,

516f 1,
,773L -_



173,373

33,628

25.405

504,171

748,667.

925,358

17.171

18,410

23,758

21,414

788,785

733, OCM

977.687

105,825

236.786

34,780






Amount of

premium

unearned.



58 1-2
34 1-4
3-4

241 1-6
.811 1-2
641 6-6
721 1-8
5l| 3-8
16| 5-8
12| 7-^
461 1-10
851 3-10
60| 1-2
971 7-10
56| 9-10
24| P. R. i



$1,586

8,

19

250,

874,

1,604,

2,

6,

14,

18,

78,

219

488,

774

1,113,

34,



687 79
407 08
054 49
605 20
283 91
465 54
146 46
903 95
M8 85
737 36
878 55
915 24
843 80
078 20
107 90
668 89