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Wisconsin. Dept. of Insurance.

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Commissions, contingent or other chavpes due or accrued 30,423 20

Reinsurance and return premiums due other companies 31.158 02

Total amount of all liabilities except capital $2,196,763 38



Capital actually pnid up In cash.
Surplus over all llabllltiefi.



Surplus policyholders
Total liabilities



$500,000 00
548,072 68



1.048,972 08



$3,245,736 06



QfOS4

premiums
Vive risks. thereon.
In force on the 3lKt day of December, 1912.... $245.5.54,048 $2,668,731 8T
Written or renewed durintP the year 193,626,805 1,972,709 34

Total $430.180,8.53 $4,641 .531 21

Deduct tno«9 expired and marked oiT as terminated 1 51 , 781 , 723 1 . 819 , 424 85

Tn force at the end of the year $287,399,130 $2,822,106 36

Deduct amount reinsured 24,203,855 280,30191

Net amount in force $263il06,275 $2,541,804 45

ren)etual risks In force (not included above), $33,763,598. Deposit premiums
on same, $731,312.36



RECAPITULATION OP FIRE RISKS AND PREMIUMS.




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



I One year or less

Two years |

Two years

Three years |

Three years |

Three years I

Four years I

Four years |



Four years
Four years

Five years

Five years

Five years

Five years

Five years

Over five years



$92,523.9991

2,748,664

1,037,252]

31,933.427[

41,384,5141

42.502.0511

326,1871

489,4111

1.790.1071

329,5941

6.437,5981

8.762.0331

10,647,5801

9.271.4241

11,353,1601

1,568,2651



$915,422 521

25.511 441

7,796 96|

335.925 50|

373,719 01

375,037 23

4,054 23

5,594 00

14.116 83

3,610 06

70.084 33

70.928 61

108.601 87

96,977 16

120,267 66|

14,157 641



Totals

Perpetual risks



263.105.27.51
33,763.5981



-I-



1-2

1^

3-4

1-6

1-2

5-6

1-8

3-8

5-^

7-8

1-10

3-10

1-2

7-10

9^10

60%



2,541,804 4.51
731,312 361



-I-
I



$457

6,

5.

.55,

186,

312,

2

8

3

7

21

54

67

108

8



711 26
377 86
847 72
987 58
859 50
.531 03
506 78
097 75
823 02
158 80
008 43
278 68
300 93
884 01
240 39
,494 58



1,307.108 18
668,145 17



Grand totals..! $296,868.8731 $3,273,116 811 1 $1,975,253 35



Digitized by



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446



FRANKLIN PIRE INS. CO.



BUSINESS IN THE STATE OP WISCONSIN DURING THE YEAR.



Gross risks written

Less $384,690 risks cancelled, and
$162,617 reinsurance, companies au-
thorized In Wisconsin



Not risks written



Plre.



$2,522,0^ 00
543.807 00



1=



11.978.236 00



Gross premiums on risks written I

Less $3,311.47 return premiums; and)
$2.12a06 premiums for reinsurance)
in Wisconsin |



$27,349 44
5.431 05



Net premiums reteived.



.1



Tornado.



$84,950 00
3.500 00



$81,450 00



Total.



$2,606,993 00
547,307 00



$2,059,686 W
$27^~3i



$549 87

8 50| 5.439 55



Losses paid (deductlnfr salvufse) |

Less losses on v'«ks reinsured in com-|
panics authorized In Wisconsin |



Net losses paid.



I-



$21,918 39

""$7.^~66|

I

31 85i



$541 37
"$2o0 00



I $4,007 71j $250 00

I $3,896 781 $250 00



Losses incurred

Less losses on risks reinsured in|
companies authorized in Wisconsin! 31 85|..

Net losses Incurred I $3,864 93|

I I



$250 00



$22,459 76

""$4^56

31 85



$4,257 71

$4.17678

31 85



$4,114 93



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums. $1,981,927.06 less

$598,703.11 1 $1,383,223 95)

Add unpaid return and reinsurance!

premiums Dec. 31 of previous year! 27.876 781



Total I $1,411,100 731.

I

31,158 021.



Deduct unpaid return and reinsurance!
premiums Dec. 31, end of the year.!

Balance I $1,379,942 71

Add unearned premiums Dec. 81 of|
previous year, and $691,192.33 re- 1 I

claimable on perpetual insurance..! 1.985,890 261.

Total I $3,365,882 97| .

Deduct unearned premiums Dec. 31.1 I
end of the year, and $668,145.17 re-! I '
claimable on perpetual Insurance...! 1,975,253 851 1

fr^mtumn wpoa <^\\f^nt^ \^ jr©ar,,,| ,.,,m,| |i.9op»gT9 fCLnr-nniM



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FRANKLIN FIRE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



447



. UNDERWRITING PROFIT AND |
LOSS ITEMS. I

Un from agents' balances previouslyl
ebarged off, from underwriting in-|

tome I

!■ from agents' balances charged |

» ''/ - I-

t from aboTe I

tf' balances and bills |

triable not admitted |

•. $1 $5,210 66

''s' : balances and bills
' 'il)1e not admitted

>ev 31 10.282 79

[In c-

088 fr«»iu above



$5,769 32
315 72



$5,453 00



""''Oaiii . from underwriting profit and
loss items



5,072 131.



381 47



Underwriting income earned durlngj
the year ,



LOSSES. I

I

Losses paid I

Deduct unpaid losses December 31 of

previous year I

I-

Balanre |

Add unpaid losses December 31, end
of the year '



I
$850,471 Oil.
I
154,868 931 .

$805,602 0H\-
I
I 142,829 921 .



$1,390,961 09



Losses incurred during the year...
UNDERWRITING EXPENSES.



.1.



I
$838,432 001.

I



I



Underwriting expenses paid duringi
the year I

Deduct underwriting expenses unpaid!
December 31 of previous year I

Balance I

Add underwriting expenses unpaidi
December 31, end of the year |

I-
Underwrlting expenses incurred dur-(
ing the year I .



$603,233 071 .

I

31,580 661.

$371,652 411.
I
32,534 881.



I



.! 604.187 291.



Underwriting losses and expenses. ..!...> I I 1,442,619

I I I

Loss from underwriting during thel (
year 1 1



rlr



^51.658 2<|



INVESTMENT EXHIBIT.
Interest and Rents.



I



I



Interest, dividends and rents re-l

reived during the year I $126, 792 14| .

Deduct interest, dividends and rentsi I

due and accrued December 31, end| I

of the year f 36,15T 901.



.1.



Balance

Add interest, dividends and rents duel
and aocrned December 81, end ofl
file 76A9 « I • « 1 1 1 1 1 1 1 1 1 1 f t « 1 1 1 * « • • • • • < I



I —

I



-I



$00,684 241 1..^.



T^M Ml



♦ MM ttl tMm!»M»»MMh»«MMtMMf 1



I

I

86,900 TD], f « II 1 1 « 1 1 « 1 1 1
IWPniWW^ W



> tM'*t«nint



Digitized by



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448



FRANKLIN FIRE INS. CO.



%

4



UNDKRWRiriNO AND INVESTMENT EXHIBIT-ContlnmsI.



PROFIT ON INVESTMENTS.

Gain from sale of ledger assets ...

Investment Income earned during the
year



LOSS ON INVESTMENTS

Lo.*<8 from sale of ledger assets ....,,
Loss from decrease in book value ofj

ledger assets

Loss from change In difterenoe be
tween book and market value dur
Ing the year ,

UQUn o» investments during the year!



INVESTMENT EXPENSES.

Investment expenses paid during the!
year



Investment losses and expenses dur-
ing the year |



Gain from investments during the|
year I



MISCELLANEOUS EXHIBIT.



Dividends declared to stockholders)
during the year I .




Gain in | Loss in
Surplus. I Surplus.



leo.ooooo



Total gains and losses in surphml

during the year I.

Surplus Dec. .11, 1012 |

Surplus Dec. 31, 1913 1

I-
Deoreape in surplus during the year|.



I $18,778 141 $111,868 t«

$C41.«?2 741 1

548 , 972 681 1



ftS.880 06|.



Totals



$111,858 201 $111,898 M



Per cent of losses incurred to premiums earned 80.2937.
Per cent of underwriting expenses incurred to premiums earned, 43.4485.
Per cent of investment expenses incurred to 'nterest and rents earned. 9.87.
Per cent of total losses and expenses incurred and dividends declared to totml
income earned, 106L



Digitized by



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GKRMAN ALUANCE INS. CO. 449



GEBMAN ALLIANCE INSURANCE COMPANY,

New York City.

Uo^e Ofllce, 1 LIBEKTY STREET.

[Incorporated Febumry, 1897; commenced business, February 8, 1897.1

President, WILLIAM N. KIIEMER. Vice President, CHARLES G. SMITH.

Secretary, EDWIN M. GRAGIN.

CAPITAL STOCK.
Amount of capital paid up in casb $400,000 00



Amount of ledger assets December 31 of previous year $1,929,196 00

INCOME.

Fire.

Oro«8 premiums ..,...,, $.1,419, 541 77

Deduct reinsurance premiums. Are, $2,131,147.56;

return premiums. Arc, $600,067.66 2,791.214 92

Total premiums fotber than perpet^jfil) $028. 3SQ 85

Gross Interest on mortgajre loans $2,568 75

Oposs Interest on bond« and dividends on stocks

less $462.05 accrued interest on bonds acquired

dnrlHg 1913 78,627 29

OvoM interest on deposits In trust companies

and banks 358 86

Gross Interest from all oth<^r sourees :

On subtcription paymentB for bonds and stocks 253 00

Total jrross Interest and rents 81 , 807 89

Gross profit on sale or maturity of ledger assets: Stocks.... 58 AO

Total Income $710,108 48

Total footings $2,689,889 61

DISBURSEMENTS.

Fire.
Gross amount paid pollcybnlders for losses (in-
cluding $238,029.14 occurring in previous

years) $1,324,384 48

Deduct amount received for salvnei*, Are,
$4,227.96; reinsnrnnre, fire, $983,358,63; dis-
count, fire, $49.67 087.636 26



Net amount paid poli'»y holders for losses $336,748 22

Kxpenses of adjustment and settlement of losses 6.209 .38

Commfssions or hrok^^rnee 217,215 <i6

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

and home oflice emnloyes 3, 323 00

Postage, telegrams, telephone and express 5 70

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

taxes and expenses * ..♦»... . 3. 874 68

State taxes on prem!um5> 10.906 20

Itworiince department lic^nsen and felto. .......... ^ .. » 2, 520 od



29— Ins.— I

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450 GERMAN ALLIANCE INS. CO.



All other licenses, fees and taxes :

l''e<:l<rnl corporation tax $riOO 38

Municipal. $1,3S0.11» ; county, $1R:U1 1,563 60



Paid stockholders for interest on dividends (amount declared dur-

InR the year) 60.000 OO

Gross loss on sale or maturity of ledger assets: Bonds 28,584 93

Total dl8l)ur8einent8 ^671 ,603 01

Balance $1,067,786 80



LEDGER A«S1:TS.

Mortgage loans on real estate, first liens J$55,000 00

Boole value of bonds, $713,508.11. and stocks,

$1,056,334.05 1,769,933 06

Ca>h in company's offices S300 00

Deposits in 'trust companies and

hanks on interest 33,052 59

33,352 59

Arents' balances representing business written

subsequent to October 1, 1913. 109,501 15



Total ledger apsete , $1,967, 786 80



NOX-LEDGLH ASSETS.

Interest accrued on mortgages $812 50

Interest accrued on bonds 8.334 00



0,146 50

Gross asscfH $1 ,97(5. ^-•-' "''^



DEDUCT ASSETS NOT ADMITTED.

Book value vt ledarer assets over market value :

Bonds. $57,046.11 ; stocks, $73,873.95

Total admitted assets



LIABILITIES.

Gross loss adjusted, not yet due $47,058 62

Gross claims for losso*? in process of adjustment
or in suspense, phis $15,000 reserve for losses
Incurred orior lo December '.i^, of which no

notice nnd l>eon received on that date 221.356 00

GmsK claims for los.^^es resisted .30,540 00



Total $298,954 62

Deduct rein.«urance due or I'ccrued 201.082 00



Net amount of unpaid lf>sses and claims

Gross premiums (less relnsurnnce) recoived and receivable upon

Mil unexpired fire risks. $n2.%.*<r)4.42 ; unearned oi"emlum

Estimated amount horenfter payable for federal, state and other

taxes based upon the l>usiness of the year of this statement. .

Total amount of all liabilities except capital $595

Capital avtuaJly paid up in cash $400,000 00

Surplus over all liabilities 850,473 57

^^a 57

Surplus US regard.^ policyholders. ^ . .* 1.250. ^ vl,^—

xr5^2*

Total liabilities $1,846. <>i.5i=^




Digitized by



Google _,.



GERMAN ALUANCE INS. CO.



451



RISKS AND PREMIUMS.

Oross
prcmiumR
Fire risks. thereon.

In force en the :11st day of rHcember, 1912 |439,5:J0,853 $4,462,020 46

Wrltti^n or renewiKl during the year 335,904,735 3,410,541 77

Total 1775.435,088 $7,881,662 23

Deduct those expired and marked off as termi-
nated 302,890,317 3,205,071 69

In force at the end of the year $472,536,271 $4,675,500 54

DHluvt amount reinsured 370,642,701 3,749,732 12

Net amount In force $92,893,480 $025,858 42



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



War
written.



Term.



Amount
covered.



Gross
premiums
chartfed,
less re-
insurance.



p£ Amount of
premium
unearned.



§8



1913 1

1912

1913 1

1911 1

1912 1

1913 1

1910 1

1911 1

1912

1913 1

1909 1

1910 1

1911 1

1912 1

1913 1

I



One year or le.««8

Two years

Two years

Three years

Three years

Three years . . . .

Four years

Four years

Four years

Four years

Five years

Five years ^

Five years

Five years

Five years



Totals



$11,874,979'

2,032,5501

2.302,0611

9.299,3431

11.114.4311

13.282.4451

4^9.5.%'>|

567,6571

637.. 583'

766,0261

1., 500,7041

1,282,8811

1.984. 652'

2.620,5091

3,038.1151



$428,

16,

19

82,

100

117,



083 41
895 84
937 82
720 211
065 53
996 83|
059 25'
710 54
930 50
579 74
,957 24
,532 50
,194 84
212 55
981 62
-1-



1-2 I
1-4 I
3-1 I
1-6 I
1-2 I
5-6 I
1-8 I
3-8 I
{?-8 I
7-8 I
1-10 I
3-10 I
1-2 I
7-10
9-10



.1 $92,893,4801

I I



-I-



$214,

4,

14,

13,

50,
98,

2
4
7
2

4
12

22,
35,



041 70
223 96
953 38
786 70
032 76

330 70
032 41
141 46

331 55
507 29
095 72
959 75
097 42

.548 79
983 46



$925,858 421 1 $187,667 00



nrsixKss f\ the state oi- wi^to.vsin durincj the year.



OroR.M ri't^M written

Ja^h S1.1!M.06."> rls'-s cancelled, and $91,500 reinsurance in
authorijcefl companies

N'»l risks writton

Oross nremlnras on risks written

I..e«« $7..'>22..50 retM-n rn-em'un^q. and $800.69 premiums for re-
insurance In aiithortred coi jmnies

Net premiums received

FiOSRes paid (deductlncr salvaee>

T.e^« losses on risks i*^insured in authorized companies

Net losses paid

TiOnses incurred

TiCfis losses on risks reinsured in authorized companies

Net lossen Incurred



Fire and
tornado.
$0,856,150

1,285,565

$5,570,594

"$66^930^75

8,323 28

$58,607 47

$r7T279~38
11,517 13

$6,762 25



$16,925 ."ift
11,881 18

$6,544 '211



uiyiLizuu uy '



S^^



452



GERMAN ALLIANCE INS. CO.



UNDERWRITING AND INVJJSTMBNT EXHIBIT.



UNDERWRITING EXHIBIT.
Premlams.



Total premiums

Add unearned premiums Dec. 81. 1912



Total

Deduct unearned premiums Dec. 81,
1M8 ...>



Premiums earned during 1913



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31. 1912...



Balance

Add unpaid losses Dec. 81. 191S

Losses incurred



UNDERWRITING EXPENSES.

Underwriting expenses paid during
1913

Deduct underwriting expenses unpaid
Dec. 81. 1912



Balance ...,,...,,.,......,,,<

Add underwriting expenses unpaid
Dec. 81, 1913 ,.,.,,•: t



Underwriting expenses incurred dur-
ing 1918.. 7 ,.,



$628,326 89
466,074 14'



$1,094,400 99
487,667 05



$336.748 22
102,244 191



$234,504 03
07,872 62



$606,733 94



$332,376 65



$244,032 48
55.970 00



$188,062 48
10.000 00



Underwriting losses and expenses .,
Gain from UQderwrltlng during 1918

INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dirldends and rents received
during the year

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



Balance <

Add interest, diyidends and rents ac
crued Dec. 81, 1913



Total



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets . .
Investment income earned during 1918



$81,807 89
8,144 75



$78,668 14
9.146 50



198,06^48



080,489 06



$Ti,9H ••



$82,809 64



$82,968 IS



Digitized by



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D&tiMAK aLlUkc^ iKd. do.



m



tJNDERWRITiNO AND IKVESTMENT BXHIBIT-Oontlnuid.



LOSS OK INVMSTMBNTS.

toM from sale of ledger assets

Loss from change In difference be-
tween book and market value dar-
ing 1013


128.584 98
60.130 82












$88.715 75
2,237 43




Loss on inTestmentii durlnff 1913....






INVfiSTMBNT BXPENSBS.
Inrestment expenses paid daring 1013










Inrestment losses and expenses dar-
ing 1W8




90,963 18










Loss from loTestments daring 1913..


98,664 85










MISCELLANEOrS E.XHiniT.

Dividends declared to stockholders
daring 1913




Gain In
SarplQs.


Loss in
Surplus.

$60,000 00










Total gains and losses in sarplus
during 1913


$76.S94 86


$68,064 86


Surplus Dec. 81. 1912


$842.263 56
850,473 57




Surplus Dec. 31, 1913












Increase in surplus during 1913





8,210 01









Totals


976,fi94 86


$76,294 86


1





Per cent of losses incurred to premiums earned 54.78.
Per cent of underwriting expenses incurred to premiums earned 32.65.
Per cent of investment expenses incurred to interest and rents earned 2.71.
Per cent of total losses and expenses incurred and dividends declared to
total Income earned 90.11.



Digitized by



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454 GERMAN AMERICAN INS. CO.



OERBIAN AMERICAN INSURANCE COMPANY,

New York City.

Wome Office, 1 LTBICKTY STUKET.

[Incorporated March, 1872; coramonctKi business March 7, 1872.]

President, WILT^IAM N. KUF.MKR. Vico President. CHARLES O. SMITH.

Secretary, FDWIN M. CRAG IN.

CAPITAL STOCK.

An^ou^t .of eap'tal paid up in cash 12,000,000 0^

Amouiit 'if ledger assets Decemoer 31 of previous year $21,880,403 80

INCOME.

Fire.

Gross prcmfmnj: . . ." $15,241,675 12

Peduot reinsurance premiums, tire, $'{,437,098.95 ;

return premiumn, Are, $2,734,841.72 6,172,540 67



Total premiums (other than perpetual) $0,069,134 45

Gross interest on morlgagc loans $4,921 67

Gross interest on t>onds and dividends on stocks
less $3,832.23 accrued Interest on bonds ac-
quir^.d during lOlJt 815,963 40

Gross interest from all other sources:

Grpss interest on deposit in trust companies

and banks 8,102 60

On Philadelphia Underwriters' Association de-
posit 9 45

On subscription payments for bonds and stocks 825 75

On deferred payments of agents' balances,

$1,260.35, prepayment of taxes. $101.56 1,451 91

Gross rents from company's property, including
$55.<M5 for company's occupancy of its own
bulldlnps 219,278 71

Total gross Interest and rents 1 ,050,553 49

From all other sources :

Premiums colle<'jted on business placed with other companies 3,141 15

From agents* balances previously charged off 2,271 54

Gross profit on sale or maturity of ledger assets :

Bonds $2,106 fi8

Stocks 5,566 09

7,672 97



Total Income $10,132,773 60



Total footings $32,013,177 49

DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses in-
cluding $874,000.10 occurring in previous

years) $6,538,499 57

Deduct amount received for salvage. Are, $33,-
212.02; reinsurance, fire, $1,601,100.91; dis-
count, flro, $1,458.83 1 .725,780 76



Net amount paid policyholders for losses $4,812,718 8^



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GERMAN AMERICAN INS. CO. 455

Expenses of adjuscmcnl and settlement of losses 118,839 81

Commissions or brok(>rai?e 1 ,672,042 37

Allowuncis to Uxml nsencies for miscellaneous agency expenses 3,500 30
Salaries, |i400,r>01..S4, and expenses, $140,.">ui.28, of special and

general agents 553,003 12

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

and home oHice employes 352,221 63

Rents, includin.!^ Jfri5.N45 lor company's occupancy of Its own

buildings • 77,152 72

Advertising, $16,287.33; printing and stationery, $76,182.84 92,470 17

Postage, telejrraras, telepnone. and express 73,115 06

Legal expenses 5, 146 97

Fuiniture and fixtures 3 5. 725 11

Maps, including corrections 25, 229 02

Underwriters' boards and tariff associations 111,404 13

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

taxes and expenses 54 , 245 61

Inspections and surveys " 72,843 16

Repairs and expenses (other than taxes) on real estate 81,492 30

Taxes on real f state .' 36, 504 34

State taxes on premiums 143 , 505 53

Insurance department licenses and fees 34,915 66

All other licenses, fees and tax^s :

Federal corporation tax $10,019 91

Municipal, $19,322.70; county. $2,567 73.. .. 21,890 43



Other disbursements :

Mercantile agency reports, special reports and

refereniv hooks $12,356 51

I'remiums on husiness pla'*ed with other

companies 6, 7»4 08

Miscellaneous offlee expenses 3,927 48



31,910 34



23,078 07



Paid stockholders for Interest on dividends (amount declared

during the year) 600.000 00

AgentH' balances charged off 2,243 40

Gross loss or sale or maturity of ledger assets :

Bonds $19.239 09

Stocks 2,461 85

f— 21,700 94



Total disbursements $9,015,009 13



Balance $22,998,168 36



LKDGER ASSETS.

Book value of real estate $2. 678.. ^47 74

Mortgage loans on real estate, first liens 83,600 00

Book value of bonds, *9,562,.'>74.38, and stocks,

$8,117,209.43 17,679,783 81

Cash In company's offlcf s $13,003 24

Deposits In trnsl companies and

banks not on lnter<»st 86.010 80

Deposits in tnist compani-'S and

banks on interest 694,01.1 20

, ^ , 793,936 24

Agents balances representing business written

subsequent to Oct.):>er 1, 1913 1,600,209 44

Agents* balances fcpres^nting business written

prior to October 1 . 1013 .'>0,380 06

Bills receivable, taken for fire risks 101,911 07

Other ledger assets : P^urnlture, fixtures and

'^a^P 10,000 00

Total ledger arrets $22,998,168 36

XON-LEDCER ASSETS.

Interest due and accrued on mort«.'ag« s $1 .870 00

Interest due and accrued on bonds l.'^9.G4n 13

Int*»ref^ due and aeomed on bunk balances 3.608 40

Rent«» due and accrued 3, 865 92



148,989 45



Gross assets $23,147,157 81

Digitized by LjOOQIC



456 GBBMAK AMERIOAK iKS. 00.



DEDUCT AS8KT8 NOT ADMITTED.

Furnlttir6» flxturee and safesr |10,000 00

Agents' balances representing business written

prior to October 1, 1913 50a.880 06

Bills receivable* past due, taken tor marine, in*

land and Are risks 8,862 04

Book value of ledger assets over market value :

Bonds, $722,478.88; stocks, $407,171.43 1,120,640 81

Real estate 228,347 74

1,422,239 65

Total admitted assets $21,724,018 16



LIABIl.ITIKS.

Gross loss adjusted not yet due $140,661 00

Gross claims for losses in process of adjustment
or In suspense, plus $45,000 reserve for losses
incurred prior to Deceml)er 31, of which no
notice had been received on that date 1,081,399 00

Gross claims for iosscs resisted 141,553 00

Total *.. $1,363,613 00

Deduct reinsurance due or accrued 4^4,055 50

Net amount of unpaid losses and claims $889,657 60

Gross premiums (less reinsurance) received a^d receivable upon

all unexpired fire risk.s, $18,282,124.87; unearned premium.. 9,420,868 3J5
Salaries, rents, expenses, bills, accounts, fees, etc., due or ac-
crued 24,714 85

Estimated amount hereafter payable for federal, state and other

taxes based upon the business oC the year of this statement 140,000 Q0
All other liabilities :

Rents in advance 780 75

^'remiums due or to become due on business placed with other

companies 3 , 141 15

^—

Total amount of all liabilities except capital $10,479,062 61

Capital actually paid up in cash *.... $2,000,000 00

Surplus over all liabilities 9,245,855 55

Surplus as regards policyholders 11 ,245,856 65

Total UablHtles $21,724,918 16



RISKS AND PRKMirMS.

Gross
premiums
Fire risks. thereon.

In force oa the 31st day of December, 1012 $2, 146,704, 883$20, 665, 731 04

Wiittcn or renewed durinj? the year 1,631,474,905 15,241,675 12

Excess of original premiums over amount re-
celvod for reinsurance , . . . . 1,413,932 78

Total $3, 778,179, 788$37,321, 338 94

Deduct those expired and marked off as termi-
nated 1,441,335,816 14,558,052 00

In force at the end of the year $2,336,843,072$22,763,286 94

Deduct amount reinsured 407,668,192 4,481,162 07

Net amount in force $1,839,175,780$18,282,124 87



Digitized by



GoogI(



GERMAN AMERICAN INS. CO.



457



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year
written.



Torm.



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 ....

Four years

Four years

Four years

Four years

Five years

Five years

Five years

Five years

Five years

Over five years..



Totals



Amount
covered.



$480,992,

10,010

11.910,

293,806,

328,595.

354.690,

6.397,

6,914,

10.108,

8.277.

52.200,

55.979,

63.147,

66,918,

81.461,

7,7«5




I



.|$1,839,175

i



503[ $5

,8321



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