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Wisconsin. Dept. of Insurance.

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8971
23.^1 2
1621 2
1281 3
1901
281 1
2411
0421
2001
7301
0321
826j
4491
4261
-I-



,450.008 95

77,041 06

00,607 28

..5.38.756 68

,856,767 38

045,752 81

42,080 08

49.143 56

64.. 561 36

47.050 84

646.234 64

677.762 07

759,487 15

824,917 91

860.223 01

251,730 091



1-2

1-4

3-4

1-6

1-2

5-6

1-8

3-8

5-8

7-8

1-10

3-10

1-2

7-10

9-10

P. R.



,780!$18,

I



282.124 871.
I



$2,725

19

67

423

1.428

2,53S

5

18,

40,

41,

64

203,

379.

577,

774

114



004 47
.260 26
955 46

126 11
.383 69

127 34
260 01
428 82"
350 85
169 49
623 46
328 60
743 57
442 53
200 71
462 99



$9,420,868 36



BUSINESS IN THIC STATE OF WISCONSIN DURING THE YEAR.

Fire
and tornado.

Gross risks written $20,467,303

Less f3.462..'S98 rislcn cancelled, and $1,018,784 reinsurance In
authorized companies 4,481,382

Net risks written ?!5.'J?PjL???

Gross premiums on risks written $210,607 48

Less $26,315.24 return premiums, and $5,7.30.61 premiums for

rclnsunuicc In authorized companies 32,045 86

Net premiums received $178, 561 63

Lo9se.<i paid (deductlnfr salvaije) $79,514 66

Less losses on risks reinsured in authorized companies 2,317 58

Net losses paid $77,197 08

Tiosses incurred $81 . 767 66

Less losses on risks reinsured in authorized companies 942 58

^^t Jopses Incurred $80. 825 08



Digitized by



GoogI(



458 GERMAN AMERICAN INS. CO.

UNDERWRITING AND INVESTMENT EXHIBIT.



TNDERWRITING EXHIBIT. |
Premiums. |

Total premiums • $^,069,131 45]

Add unpuid return and reinsuranoel
premiums Dee. 31, 1912 | 173, 4as 3S' .

Total I $9,242,572 K\\.

Add unearned premiums Dec. 31, 1912; 8,444,179 m\.



Total ;$t7,686,7.'il 89;.

Deduct unearned premiums Dec. 31,1 I

1913 1 9.420.868 36'.



1
Premiums earned during 1913 | \ $8.26:^,883 TkHL

I I I

UNDERWRITING PROFIT AND I | j

LOSS ITE.MS. ; 1 t

Gain from agents* balances previou.sl.vI j |

charged off, $2,271.54, and from other| | |

underwriting income. $3,141. ir> | $5,412 691 !.

Loss from agents' balances charged! | I

oflf. $2.24.^40, and from other otherj | •

underwriting disbursements, $6,-| |

794.08, other than Iohsos and ex-l I

penses ($3,141.15) but excluding $6, 1 I |

790.58 1 5..^88 051 !.

^1



Gain from above | $24 64| \...'.

Agents* balances, furnture | | |
and fixtures, and bills re- | I I
ceivable not admitted Doc. I ( |
31. 1912 $17,0.39 ,16( I |

Agents balances, furniture ( | |

and fixtures and bills re- I |

ceivable not admitted Dec. I | |

31, 1913 61. 242 lO: [ I

1 I I

Loss from above I 17.202 54| I

I 1 I

Loss from underwriting profit and! | I

loss Items I I 17.177 901

I I 1

Underwriting income earned duriiigl | I

1913 1 1 1 $8,248,705 6,3

( I I

LOSSES. 1 I I

I I I

Losses paid ! $4,812,718 8il I

Deduct unpaid losses Dec. 31, 1912 I 820. .524 481 1

I 1 I

Balance ! $3,992,194 .^3| I

Add unpaid losses Dec. 31, 1013 1 8S9..557 50! I

Losses incurred during 1913 ! I $4,881,751 83'

I I I

UNDERWRITING EXPENSE.S. • I

I I I

Underwriting expenses paid during' I !

1913, $3,4.53..5.'m.'2«, less $2 1.9.17 8.5.! • I

being 'x of 1 per cent on $19,966,-' ' I

279.26 f $3 . 428. .597 41 ! '

Deduct underwr'ting expenses un-! I I

paid Dec. 31, 1912 1 204., 30.5 591 !

I ! I

Balance I $3,224,291 82' •

Add underwriting expenses unpaid! I I

Dec. 31, 1913 1 164.714 8-|( '

I I I

T'nderwrlfing expenses Incurred dur ' ' '

fug lOl.T ' ' 3..%89.006 67!

I I 1

Underwriting losses and expens!\s. . .i I I 8.270,758 50

Loss from underwriting during 1913.1 i I f8t.*W S7



GERMAN AMERICAN INS. CO.



459



UNDKRWRITINCf AND INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
durlnf? tlie year

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



Balance

Add Interest, dividends and rents ac-
crued Dec. 31. 1913

Add Interest and rents paid In ad-
vance Dec. 31. 1912



Total

Deduct Interest and routs paid in ad
vance Dec. 31, 1913



Interest and rents earned during 19131
PROFIT ON INVESTMENTS.

Gain from sale of ledger assets

Investment income earned during 1913i
LOSS ON INVESTMENTS



Loss from sale of Itnlger assets

Loss from change in d'ffercnce be
tween book and market value dur
Ing 1913



Loss on investments during 1913.



INVESTMENT EXPENSES.

Investment expenses paid during
1913

Deduct investment expenses unpaid
Dec. 31, 1912



Investment expenses incurred during
1913



Investment losses and expetises dur
ing 1913



Ga'n from investments during 1913.



MISCELLANEOrS EXHIBIT.



Dividends declared to stockholders
during 1913



Totfll gains and losses In surplus dur

1913

Surplus Dec. 31. 1912

Surplus Dec. .11, 1913



Decrease in surplus during 1913
Totals



I



$1,050.55.1 48].
142.636 99|.



$907,916 50

148,989 45

780 08!



$1,057,695 03|.

I



780 751

1

I $1,056,914 281.



I



7,672 971.



$1,064,587 25



$21,700 911
620.421 58!



$142,954 491
12.000 00!



$642,122 521



Ir..



$'>..-»76..3ftS 181
9,245.S.'>5 551



130.954 491



Gain in
Surplus.



$t91.610 U



330.543 631



$622,052 87



773.077 01



$291,610 21



Loss in
Surplus.

$600,000 00



$622,002 87



$622,062 87



Per cent of losses Incurred to premiums earned .'>9.06.
Per cent of underwriting expenses incurred to premiums earned 41.
Per cent of investment expenses Incurred to interest and rents earned 12.39.
Per cftnt of total losses and expenses incurred and dividends declared to
total income earned 97.11. ^ ,

uiyitized by LjOOQIC



460 GERMAN AMERICAN INS. CO.



aSBMAN AMERICAN INSUBANOE COBIPANY,

Pittsburgh, Pa.

[Incorporated March 11, 1873. Commenced business June 2, 1873.]

Home Office, 316 FOURTH AVENUE.

Date of admission into Wisconsin February, 1911.

President, W. J. PATTERSON. Vice President, W. H. BARKER.

Secretary, E. P. NIEBAUM.

CAPITAL STOCK.
Amount of capital paid up in casta $200,000 00



Amount of ledger assets December 81 of previous year .w |751,734 75

INCOME.

Fire.

Gross premiums $512,831 88

Deduct reinsurance premiums, fire, $44,815.20; return
premiums, fire, $96,653.06 14i:S68 34



Total premiums (other than perpetual) $371,463 54

Gross interest on mortgage loans $33,146 14

Gross interest on collateral loans 1 ,073 00

Gross interest on bonds and diyidends on stocks,
less $77.75 accrued interest on bonds acquired dur-
ing the year 2,227 25

Gross interest on deposits in trust companies and

banks 715 99

Gross interest from all other sources: Bills receivable 72 99

Gross rents from company's property 2,481 30

Total gross interest and rents 89,716 67

From other sources: Premiums for risks placed in other com-
panies 194 24

Gross profit on sale or maturity of ledger assets: Real estate .. 121 01



Total income $411,495 46

Total footings $1,163,230 21

DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses (In-
cluding $28,163.o4 occurring In previous years) $222,169 66

Deduct amount received for salvage, fire, $1,518.99;
reinsurance, fire, $-.n),C92.08 ; discount, fire, $150.81.. 30,761 88

Net amount paid policyholders for losses $191,407 78

Expenses of adjustment and settlement of losses 4,537 30

Commissions rr brokerage , 112.077 39

Salaries, $2^376.62 and expenses, $1,966.83 of special and general

agents 4,342 95

Salaries, fees, and all other charges of officers, directors, trus-
tees and home office employes . . . , , 12,647 00



Digitized by



GoogI(



K»2EMaN AUSBICAK IKS. 00. 46l

kents 2,700 00

Advertlslnff, 1080^40; prlnUng and sUUonery, |3,0t»7.08 ;t,733 4»

Postage, telegrams, telephone and express 2,08(> iNi

Legal expenses **..*». 797 67

i* uruiture and fixtures • t . * . 4 . . . 1)20 63

Maps, Including corrections ^ * * . . • b02 60

Unuerwriters' boards and tariff associations 3,0:18 17

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

taxes and expenses 1,645 00

Inspections ana surveys 200 14

Kepairs and expenses (other than taxes) op real estate 437 00

xaxes on real estate 071 60

State taxes on premiums ,., 3,237 00

Insurance department licenses and fees' 1 ^ . . 1,470 21

All other licenses, fees and taxes;

C'apiui stock Ux $1,886 32

Federal corporation tax 364 47

Fire marshal 260 80

Texas rating bureau 193 78

Illinois personal 060 66

2,847 01
Other disbursements:

surety bond 127177

Traveling expenses 342 76

Miscellaneous 603 91

1,178 43

Paid stockholders for interest or dividends 28,000 00

Agents' balances charged off 30 32

Total disbursements |378,663 16

Balance 1784,577 06



LEDGER ASSETS.

'Book value of real estate t $42,112 06

Mortgage loans on real estate, first liens 662,026 00

Loans secured by pledge of bonds, stocks or other

coUateral 16,800 00

Book value of bonds, $30,236.26, and stocks, $10,014.00 49,200 26

Cash in company's ofiice $2,496 83

Deposits In trust companies and banks

on interest 60,222 92

.67,710 75

Agents' balances repi*csentlng business written sub-
sequent to Oct. 1, 1913 62,286 63

Agents* balances, representing business written prior
to Oct. 1, 1913 2,712 87

Bills receivable, taken for fire risks 1,671 00

Total ledger assets $784,677 06

NON-LEDGER ASSETS.

Interest due, $1,631.60 and accrued $8,608.20 on mort-
gages $10,239 90

Interest accrued on bonds 604 16

Interest accrued on collateral loans 128 60

Bents due on company's property or lease 266 00

Total 11.287 46

Market value of real estate over book value 1,880 01

Market value of bonds and stocks over books value 8,499 75

Gross assets $801,194 28



Digitized by



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462 OfiBMAN AMERICAN INS. CO.



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written prior to Oetolier
1. 1913_.^ 2,712 87



Total admitted assets ^798,481 41



LIABILITIES.

Gross losses adjusted, not yet due |7,617 01

Gross cfaims for losses in process of adjustment or
in suspense, $10,102.20; reserve for losses In-
incurred prior to December 31 of which no notice

had been received on that date 42, 489 SO

Gross claims for losses resisted 2,734 15



Total $52,»«) 96

Deduct reinsurance due or accrued 8,036 50



Net amount of unpaid losses and claims $44,804 46

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks, $551,662.06; unearned premiums 297.505 46

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 140 70
Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 4,800 00

Commissions, contingent or other charges due or accrued 1,561 43

Reinsurance and return premiums due other companies 412 12

All other liabilities: Due other companies for risks placed for

customers 194 24



Total amount of all liabilities except capital $349,418 41

Capital actually paid up in cash $200,000 00

Surplus over all liabilities 249,063 00



Surplus as regards policyholders 449,063 00

Total liabilities $798,48141



RISKS AND PREMIIMS.



Gross
Fire premiums



risks. thereon.

In force on the 31st day of December, 1912 $47,307,968 $328,2» 03

Written or renewed during the year 45,316,003 512,831 88

Excess of original premiums over amount received

for reinsurance 231 67

Total $92,623,971 $l,Oll,288 58

Deduct those expired and marked oft as terminated.. 35,608,827 420,652 27

In force at the end of the year $57,015,144 $620,636 31

Deduct amount reinsured 6,423,944 68.973 35

Net amount in force $50,591,200 $558,662 96



Digitized by



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OERMAN AMERICAN INS. CO.



463



RECAPITtJLAtlON OP FIRE RISKS AND PREMIUMS.



Year
written.



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



Term.



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



Totals



Amount
covered.




$18,209,145

200,443

331,781!

6,680,7201

8,808,971

ll,2;{3,748i

26,668;

01,19i>!

63,097|

63,1871

421,4361

556,2911

976,5371

1,424,5191

1,441,4581

$50,591.2001 $551.662 961.

I



$223,502 14

2,931 49

2,966 57

64,030 43

82,605 221

108,111 16,

583 721

1,103 5l|

919 77,

777 471

6,668 101

7,432 95|

13.554 43!

17,393 241

18,992 761



1-2

1-4

3-4

1-6

1-2

5-6

1-8

3-8

5-8

7-8

1-10

3-10

1-2

7-10

9-10



I



fill, 751 07

732 87

2,224 93

10,671 74

41.347 61

90.092 64
72 97

413 82

574 85

680 29

666 81

2.220 89

6,777 22

12,175 27

17.093 48

$297,505 46



BVSINESS IN THE STATE OF \VIS(^ONSIN DTRIXG THE YEAH.

FIro.

Grosa risks written $2,237,002 00

Less $314,489 risks cancelled, and $315,115 reinsurance in com-
panies authorized In Wisconsin 629,604 00

Net risks written $1,607,488 00

Grogs premiums on risks written $28,435 95

Less $4,008.30 return premiums; and $4,358.81 premiums for rein-
surance In companies authorized In Wisconsin », 8,367 11

Net premiums received $20,068 84

Losses paid (deducting* salvage) $9,532 63

Leas losses on risks reinsured In companies authorized in Wis-
consin 1 , 376 02

Net losses paid $8,156 61

Losses Incurred $10, 314 52

Less losses on risks reinsured In companies authorized In Wis-
consin 1 .376 02

Net losses Incurred » $8,938 50



Digitized by



GoogI(



464



OERMAN AMERICAN iNS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



I



Total premlams

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



Total

Deduct unpaid return and reinsur-
ance premiums Dec. 31, end of the
year



1371,463 54
244 37



1371,707 91
412 12



Balance ^71.295 79

Add unearned premiums Dec. 31 of' oka 'm ^a
previous year I 254,777 lu



Total I $626,07295

Deduct unearned premiums Dec. 31,1
end of the year I 297,50;L ^6

Premiums earned during the year . . . !

UNDERWRITING PROFIT AND

LOSS ITEMS. I



Loss from agents* balances charged

off

Agents* balances and bills

receivable not admitted

Dec. 31, 1912 $3,606 73

Agents' balances and bills

receivable not admitted

Dec. 31, end of the year 2,712 87



$30 32



Gain from above



-I



893 86



Gain from underwriting profit audi
loss items



$32S,C567 49



863 54



Underwriting income earned during]
the year



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31 of pre
vious year



Balance

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



I



$191,407 78
84,799 07



$156,008 71
44.804 46



Losses Incurred during the year ..
UNDERWRITING EXPENSES.

Underwriting "expenses paid during]
the year •'

Deduct underwritiiTg expenses unpaid
Dec. 31 of prev.ious year



Balance , .

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



$156,968 04
5.890 281.



$389,431 03



$201,418 17



-I
$151,077 761.

6.502 131.

]

I



Underwrltinjr expenses incurred dur-|
ing the year j lo7.579 89



Underwriting losses and expenses

Loss from underwriting during thel
year



358,993 06



uiyiLizeu uy "



^d^^



bfiBMAit AitEtucAk iks. CO.



46^



tJNDERWRITING AND INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.

Interest and Rents. I

I

Interest, dividends and rents received

daring the year '.

Deduct interest, dividends and rents
due and accrued Dec. 31. end of
the year



Balance

Add interestt dividends and rents due
and accrued Dec. 31, end of ttie
year



$39,716 tf7

I
11,066 74



128,649 93
11,237 46



ToUl



.|.



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



I
Investment income earned during the|



year



I



LOSS ON INVESTMENTS.



Loss from change in difference be-1
tween book and market value dur-j
ing the year I



INVESTMENT EXPENSES.



Investment expenses paid during tbei
year



Investment losses and expenses dur-
ing the year



Gain from investments during the



year



MISCELLANEOUS EXIIiniT. (

I

Dividends .jleclared to stockholders!
during the year I .



$39,887 301



121 01



$40,006 40



$341 08



2.247 01



Gain in
Surplus.



Total gains and losses in surplus!

during the year

Surplus Dec: 81, 1912 1 $269,204 72

Surplus Dec. 31. 1913 ! 249.063 00

Decrease In surplus during the year!.

ToUls



$87,480 81



f 0,141 It



I



I $57,662 08



2.588 00



$87,420 81



Loss in
Surplus.

$28,000 00



$57,668 63



$67,662 OS



Per cent of losses Incurred to premiums earned 61.3.
Per cent of underwriting expenses incurred to premiums earned 47.9.
Per cent of investment expenses incurred to interest and rents earned CS.6.
Per cent of total losses and expenses incurred nnd dividends declared to
total Income arned 106.4.

30— Ins.— I



Digitized by



GoogI(



466 GERMAN FIRE INS. CO.



GERMAN FIRE INSUBANGE COMPANY,

Peoria, 111.

Home Office, 113-115 N. JEFFPiRSON ST,

[Incorporated, 1876, eommeneed business, 1876; admitted. Aug., 1885.]

President, BERNARD CREMER. Vice President, H. E. SIEBERNS.

Secretary, CHAS. CREMER.

CAPITAL STOCK.

Amount of capital paid up in cash $200,000 00

Amount of ledjfer assets, December 31 of previous year $916,9(X1 S4

INCOME.

Fire.

Gross premiums i $1,314,782 27

Deduct reinsurance premiums, fire, $127,110.27; re-
turn premiums. Are, $257,357.08 3^, 467 35

Total premiums (other than perpetual) $930,314 »2

Gross Interest on mortf?age loans $9,846 60

Gross interest on bonds and dividends on stocks, less
$56.00 accrued interest on bonds acquired during
the year 12,023 00

Gross interest on deposits In trust companies and
banks '. 2,532 82

Gross rents from company's property 8.772 50

Total gross Interest and rents 34.074 92

Total Income $164.389 84

' Total footings $1,881,291 68

DISBURSEMENTS.

Fire.

Gross amount paid policyholders for losses $520,647 28

Deduct amount received for reinsurance 79,967 15

Net amount paid policyholders for losses $440,080 13

Expenses of adjustment and settlement of losses 6.832 56

CommlsH'ons or brokerage 253.462 77

Allowances to local agencies for miscellaneous agency expenses.. 2.500 37
Salaries $2,000.00 and expenses, $1,828.60, of special and general

agents 3,828 60

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

and home office employes 11 .010 00

Rents 2,400 00

Advertising, $310.00; printing and stationery, $8,158.53 8,468 53

Postage, telegrams, telephone and express 447 05

Legal expenses 679 58

Furniture and fixtures 104 20

Maps, Including corrections 3,450 50

Undewrlters' boards and tarlflT associations 2,054 39

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

taxes and expenses 3,111 10

Inspections and surveys 1,804 06

Repairs and expenses (other than taxes) on real estate 693 33

Taxes on real estate 2,680 94

State taxes on premiums 12, 737 02

Insurance department licenses and fees 4,081 21



Digitized by LjOOQIC



GERMAN FIRE iKS. CO. 46t

Ail other licenses, fees and taxes:

Federal corporation tax. $185 23

Municipal corporation tax 668 68

Fire marshal tax 474 93



Other disbursements:

Interest on mortgraj^e $1 , 350 00

Dividend to stockholders 20,000 00

Loss on mort},'a}res 3,000 00

General expense 2,709 41



1,328 JU



27,039 41
Agents' balances charged off 149 14



Total disbursements $789,453 t3



Balance $1,091,837 95



LEIMJEK ASSETS.

Book value of real estate $250,000 00

Mortgage loans on real estate, first liens 252,171 00

Loans secured by pledge of bonds, stocks or other

collateral 3, 000 00

Book value of bonds, $22,500, and stocks, $209,924.96 232,424 96
Deposits in trust companies and banks on interest. 176,768 3!)
Agents' balances representing business written sub-
sequent to October 1, 1913 170,787 04

Agents' balances representing business written prior

to October 1, 1913 6,685 96



Total ledger assets , $1,091 .837 9ii

NON- LEDGER ASSETS.

Interest due, $977.52 and accrued, $0,826.66 on mort-
gages $7,804 18

Interest due on bonds 310 40

Interest due on collateral loans 87 50



Total 8.202 08

Market value of bonds and stocks over book value 111,325 04



Gross assets $1 ,211 ,365 07

DEDUCT ASSETS NOT ADMITTED.

Agents* balances, representing business written prior to October
1. 1913 6,685 96



Total admitted assets $1,204,679 11



LIABILITIES.

Gross losses adjusted and unpaid ($8,650.00; not yet
due, $24,625.00) $33,275 00

Gross claims for losses In process of adjustment or
In suspense 57, 153 00

Gross claims for losses resisted 2, 000 00



Total $92,428 00

Deduct reinsurance due or accrued 6, 962 50



Net amount of unpaid losses and claims $85,465 50

Gross premiums (less reinsurance) received and receivable upon

unearned premiums, $1,171,044.40 642.204 45

Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 10,000 00

Commissions, contingent or other charges due or accrued 18,247 55

All other liabilities : Due on real estate 30.000 00



Total amonnt of all liabilities except capital $785,917 SO

Digitized by LjOOQK



46i



i^EkkAK 1^'VSat iks. bb.



Capital actually paid up in cash $200,000 00

Surplus over all liabilities 218.761 61

Surplus as regards policyholders , 418,761 01

Total liabilitit^s $1,204,679 11



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.

Fire.

Gross risks written $1,342,233 00

Less $183,800 rlskst cancelled, and $62,6,36 reinsurance in com-
panies authorized in Wisconsin 246,436 00



Gross risks written $1,095,707 00

Gross promiums on risks written $1G, 198 06

Less $1,660.21 return premiums, and $819.30 premiums for re-
insurance in companios authorized In Wisconsin 2,470 57

Net premiums received



Jjosses paid (doductinpr salvage)

Less losses on risks reinsured in companies authorized In Wis-
consin



Net losses paid



Losses Incurred

Less losses on risks reinsured in companios authorized in Wis-
consin



Not losses incurred



J13^719 29
~$l7615 36
6 60



$1,608 67

^$iT615"36

6 60



$1,608 67



RISKS AND PREMIUMS.

Gross
Fire premloms

risks. thereon.

In force on the 31st day of December, 1912 $72,364,080 $995,458 04

Written or renewed during the year 89,700,877 1,314.782 27



Total $162,064,966 $2,310,240 31

Deduct those expired and marked off as terminated 62,961,519 984,577 53



In force at the end of the year $99,103,447 $1,325,062 78

Deduct amount reinsured 9,291,292 154.018 38



Not amount in force $80,812,155 $1,171,644 40



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year i

written.



Term.



Amount
covered.



(■ross
premiums
cbarired,
less re-
insurance.



1

c c

Si

fa.



Amount of
premium
unearned.



I

1913 1 One year or less.

1911 1 Three years

1912 1 Three year.s

1913 1 Three years

1909 1 Five years

1910 1 Five years

1911 1 Five years

1912 1 Five years

1913 1 Five years



$33,242.1281

10,940 03S

14. 294. 24.51

23,577.7351

1,233,.343|

1.1 82. 4921

1,564,7361

1.598.1501

2,179.2&S|



$429,700 06

141.505 95

193.478 39

2.H*,9,55 a-i

18,065 73

17,096 35

25,2.^ 46

27, 151 231

34.453 20|



1-2
1-6
1-2

1-10

3-10

1-2

1-10

9-10



Totals I $89,812,1551 $1,171,644 40

• I I



-!-



$214,850 03

23.584 32

96,7.39 19

237,462 50

1.806 57

5.128 89

12.610 23

19,005 84

31,007 88



$642,204 45



Digitized by



GoogI(



GERMAN FIRE INS. CO.



469



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Add unearned premiums Dec. 31 of]
previous year



Total

Deduct unearned premiums Dec. 31
end of the year



Premiums earned during tlie y«



UNDERWRITERS PROFIT AND
LOSS ITEMS.



Loss from above

Agrents' balances and bills

receivable not admitted

Dec. 31. 1912 ?1,482 78]

Agents' balances and bills

receivable not admitted

Dec. 31, end of the year 6,685 9CI



Loss from above.



Loss from underwriting profit and
loss items



Underwriting income earned duringi
the year .'....



LOSSES.



Losses paid

Deduct snlvage and reinsurance re-
coverable Dec. 31, end of the year.



Balance

Add salvage and reinsurance recov
ernble December 31 of previous year!



Total

Deduct unpaid losses December 31 of]



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