Wisconsin. Dept. of Insurance.

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LOSSES.



Losses paid

Deduct unpaid losses Dec. 31, 1912..



Balance

Add unpaid losses Dec. 31, 1913.



$7,157,068 30
3,160.800 96



$2,riO«.91S 78
532.720 001



$4,006,267 34



2,000 02



$1,976,198 781.
594.806 001.



$4,008,267 36



.1.



Losses Incurred durng 1913 i I $2,571,006 78).

I . I .1

UNDERWRITING EXPENSES. I I I



I
Underwriting expenses paid durln^l

1913 1 $1,185,889 771

Deduct underwriting expenses un-1 I

paid Dec. 31, 1912 ' 76.092 21*

1^



Balance I $1,108,807 5«|

Add underwriting expenses unpaid) I

Dec. 31, 1913 1 89.541 001

I-
Underwrlt'ng expenses incurred dur-I
Ing 1913



I

Underwriting losses and expenses....!.

• I
Gain from underwriting during 1913!.



INVESTMENT EXHIBIT. )

!

Interest and Rents. t

I

Interest, dividends and rents re-I

cplved during the year I $324,800 891

Deduct Interest, dividends and rents!

due and accrued Dec. 31, 1912 1 29.791 371

I

Balance ' $295.012 52;

Add Interest, dividends and rents duel
and accrued Dec. 31, 1913 1 37. ft46 471



Total



I



1.198.438 561.



3.769.445 34
92S8.8St tt



I
$332,658 991.

uiyitized by



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dLOte A RUTGERS FIRE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT^Contlnued.



505



PROFIT ON INVESTMENTS.

Chiin from sale of ledger assets |

Mercantile bank account liquidation.)



Profit on investments during 1013. .

income earned during



16,097 52
3.037 30



Inyestment
1913 ....



9.135 02



LOSS ON INVESTMENTS |



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 dur-
ing 1913



Loss on investments during 1913.



INVESTMENT EXPENSES.

Investment expenses paid during 1913

Investment losses and expenses dur
ing 1913



Loss from investments during 1013.



111,^9 82

337 5()|

354,104 91



1365,691 73



39.522 52



MISCELLANEOUS EXHIBIT.

Dividends declared to stockholders
during 1913



Gain in
Surplus.



$341,794 01



405,214 25



$68,420 ZA



Total gains and losses in surplusi

during 1913

Surplus Dec. 31, 1912 $3,199,724

Surplus Dec. 31, 1913 .'...j 3,215,126 66

Increase in surplus during 1913.

Totals



-I-



Loss in
Surplus.

$160,000 00



$888,822 02



I



$288,822 02



$228,420 24



15.401 78



$288,822 02



Per cent of losses Incurred to premiums earned, 64.2.
Per cent of underwriting expenses incurred to premiums earned, 29.9.
Per cent of investment expenses to interest and rents earned, 11.9.
Per .cent of total losses and expenses incurred and divedends declared to total
income earned, 99.6.



Digitized by



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506 GRANITE STATE BTOE INS. 60.



GKANITE STATE FIEE INSURANCE C0BIPAN7,

Partsmouth, N. H.

[Incorporated July 17, 1885. Commenced business November 12, 1885]

Home office, 46 AND 50 CONGRESS STREET.

Date of admission into Wisconsin, June, 1908.'

President, CALVIN PAGE. Vice President. JOSEPH O. HOBBS.

Secretary. ALFRED P. HOWARD.

(WPITAL STOCK.
Amount of capital paid up In cash $200,000 00



Amount of ledger assets December 31 of previous year $1^204,901 91

INCOME.

Fire.

Gross premiums |940, 109 08

Deduct reinsurance premiums, fire, $214,036 51; re-
turn premiums, Hre. $108,322.99 322,359 50



Total premiums (other than perpetual) $617,749 58

Gross Interest on mortgage loans $505 00

Gross interest on bonds and dividends on , stocks,
less $739.82 accrued interest oh bonds acquired dur- ■
Ing the year 38,470 69

Gross interest on deposits in trust companies and
banks 752 64

Gross rents from company's property, including
$2,200 for company's occupancy of its own build-
ings 4.925 00



Total gross interest and rents 44,653 23

From agents' balances previously charged off 122 22

Grobs profit on sale or maturity of ledger assets: Stocks 885 00

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

Bonds 3. 046 00



Total Income $665,956 03



Total footings $1,870,880 94

DISBURSEMENTS.

Fire.

Gross amount paid policyholders for losses (in-
cluding $50,593.60 occurring In previous years $453,644 14

Deduct 'amount received for salvage, fire, $2,646.06;
reinsurance, fire, $106,815.93; discount, fire, $497.17.. 109.939 16

Net amount paid policyholders for losses $343,684 98

Expenses of adjustment and settlement of losses 7,504 76

Commlsi^ions or brokerage 125.200 99

Allowances to local agencies for miscellaneous agency expenses ... 3,334 56



Digitized by LjOOQIC



biUklTE 8^AT£ FIRE t^Q. CO. 507

Salaries 11,474 40

Salaries, fees, and all other charges of officers, directors, trus-
tees and home office employes 25, 745 64

Rents, including |2,200 for company's occupancy of Its own build>
ings 2,614 99

Advertising, $2,563.62; printing and stationery, $3,878.61 6,442 23

Eostage, telegrams, telephone and express 3,9W 97

egal expenses 556 89

Furniture and fixtures 214 31

Maps, including corrections 1,612 25

underwriters' boards and tariff associations 7,346 84

^Ire department, fire patrol and salvage corps assessments, fees,

taxes and .expenses 2,563 12

Inspections and surveys 7,463 8*

Repairs and expenses (other than taxes) on real estate 685 88

Taxes on real estate 1,001 09

State taxes on premiums 9,422 17

luHurance department licenses and fees 3,435 06

All other licenses, fees and taxes:

Federal corporation tax $406 34

Tax on capital 2,000 00

City licenses 1,300 72

State licenses 634 00

4,341 06
Other disbursements:

Fuel $662 35

Hotel and livery 216 39

Insurance and fidelity bonds 888 41

Janitor's supplies, $115.11; laundry, $32.00 147 11

Lights, $197.27 ; periodicals, -$537.56 734 83

Water and ice 65 50

2,715 59

Paid stockholders for interest or dividends 20,000 00

Agents' balances charged off 9 43

Gross loss on sale or maturity of ledger assets : Bonds 249 40

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

Bonds $1,287 80

Stocks 385 00

1,672 80

ToUl disbursements $593,257 34

Balance $1,277,603 60



LEDGER ASSETS.

Book value of real estate $46,954 28

Mortgage loans on real estate, first liens 10,100 00

Book value of bonds, $879,100, and stocks, $158,097.10 1,037,197 10

Cash in company's office $2,256 61

Deposits in trust companies and banks
on interest 74.907 91

77,^64 52

Agents' balances representing business written sub-
sequent to October 1, 1013 106,669 58

Agents' balances, representing business written prior
to October 1, 1913 618 12

Total ledger assets $1,277,603 60

NON-LEDGER ASSETS.

Interest accrued on mortgages $143 00

Interest accrued on bonds 11,691 08

Rents due and accrued on company's property or

lease 547 50

Total 12,381 58

Gross assets $1,2<S9,985 18



Digitized by



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508 (JRANITE STATE FIRE INS. CO.



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written prior
to October 1, 1918 ^618 12

Book value of ledger assets over market value:

Bonds, 149,030; stocks, $39,557.10 88,587 10

Keal estate 1,954 38

91,159 50

Total admitted assets $1,198,825 68



LIABILITIES.

Gross losses adjusted and unpaid (due, $3,538.92; not
yet due, $10,349.32) $13,888 24

Gross claims for losses In process of adjustment or
In suspense, plus $3,000.00; reserve for losses
incurred prior to December 31 of which no notice
had been received on that date 45,002 00

Gross claims for losses reslstted 4,283 00

Total $63,233 33

Deduct reinsurance due or accrued 14,288 56

Net amount of unpaid losses and claims . . . ^ $48,944 77

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks; unearned premiums, $1,146,450.32 694.020 23

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 2,002 19

Estimated amouut hereafter payable for federal, state and other

taxes based upon business of the year of this statement 9,000 00

Rcin.surance and return premiums due other companies 7,469 52

Total amount of all liabilities except capital $661,486 71

Capital actually paid up in cash $200,000 00

Surplus over all liabilities 337,388 97

Surplus as regards policyholders 587,388 97

Total liabilities $1,198,825 68



RISKS AND PREMIUMS.

Gross
premiums
Fire risks. thereon.

In force on the 31ftt dav of December, 1912 $108,160,349 $1,324,880 36

Written or renewed during the year 72,594.322 940.109 08

Total $180.744, 6n $2,261,989 44

Deduct those expired and marked off as terminated 66,296.176 853.898 C9

In force at the end of the year $114,446,495 $1,411,090 75

Deduct amount reinsured 19,243.760 264.640 43

Net amount In force $95,202,735 $1,146,450 32



Digitized by



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GRANITE 3TATE FIRE INS. CO.



509



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
written.



Term.



1913.
1912.
1913.
1911,
1912
1913.
1910
3911
1912
1913
1909
1910
1911
1912
1913



1



Oue 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.



Gross

premiums

charged,

less re -

insurance.



I

$29,247,679

416,375

507,082

12,405.032

12.413,740

15,039,379

694,214

1,001,642

993,245

1.019,ir>3

3.413,383

3, 7m, 771

4,480,054

4,753,343

4.941,488

105,259



$390,

4.

5,

144,

143,

174,

7,

10,

10,

10,

39,

42

51

53

56

1



225 15
196 31
554 43
001 06
576 34
740 87
540 05
,468 67
772 94
509 99
841 40
491 81
,131 25
.678 74
,043 44
077 87









$95,202,735



-I-



1-2

1-4

3-4

1-6

1-2

5-6

1-8

3-«

5-8

7-8

1-10

3-10

1-2

7-10

9-10

P. R.



Amount of
premium
unearned.



$1,146,450 32



$195,112 58

1,049 08

4,105 83

24,100 18

71,788 17

145,617 40

942 51

3.925 75

6,733 09

9,196 25

3,984 14

12,747 54

25.565 62

37.575 12

50,439 10

1.077 87

$594,020 23



BUS^INESS IN THE STATE OF WISCONSIN DURING THE YEAR.

Fire.

Gross riaJss written $1,527,055

Less $378,536 risks cancelled, and $300,651 reinsurance In compa-
nies authorized in Wisconsin 079, 187

Net risks written $847, 868

Gross premiums on risks written $19,320 36

Less $3,565.63 return premiums; and $4,539.11 premiums for rein-
surance in companies authorized in Wisconsin 8,094 74

Net premiums received $11,225 62

Losses paid (deductlngr salvage) $3,348 26

Less losses on risks reinsured in companies authorized in Wis-
consin ' 549 33

Net losses paid l??lf?L??

Losses Incurred $4,233 86

Less losses on risks reinsured in companies authorized it Wis-
consin ®^ 1*

f^et losses incurred ,,..).-. $3 ,382 72



Digitized by



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510



GRANITE STATE FIRE INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT.



I



UNDERWRITING EXHIBIT.
Premiums.

Total premiums

Add unpaid return and relDSuranceJ
premiums Dec. 31 of prerlous year

Total

Deduct unpaid leturn and relnsur-l
ance premiums Dec. 31, end of thei
year '



h



Balance i

Add unearned premiums Dec. 31 of
previous year '



$617,740 58
6.098 67
1(524,748 251.

7.469 521.
H



^(517,278 73 .

C)50.544 84>.

Total ' ;^i,li0,»23 5*1 1.

Deduct unearned premiums Dec. 31,1 I

end of the year ' 594.020 231.

I 1

Premiums earned during the year. ..I.

UNDERWRITING PROFIT AND |

LOSS ITEMS. I

I

Gain from agents* balances previously I

charged off

Loss from agents* balances charged
off '



$583,803 34



I



$122 22

9 431



Gain from above '

Agents' balances and bills I

receivable not admitted I

Dec. 31. 1912 $115 14'.

Agents' balances and bills |

receivable not admitted

Dec. 31; end of the year 618 12|.



$112 79



-I



Loss from above



502 981.
1



Loss from underwriting profit and.
loss items I I

Underwriting Income earned during! I

the year ' [•



390 19



LOSSES.



1



Losses paid

Deduct unpaid losses Dec. 31 of pre-
vious year



$343,684 98\
G2.593 60.



$582,413 15



$291,001 381 .
48,944 771.



Balance
Add unpaid losses Dec. 31, end of thel
year '

Losses Incurred during the year ....!.^ I $340,036 15|

UNDERWRITING EXPENSES. f

1 I

Underwriting expenses paid during] '

the year I $222,616 081.

Deduct underwriting expenses unpaid' I

Dec. 31 of previous year ' 9 310 38i .

Balance J $213,305 70;



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

Underwriting expenses incurred dur-j
ing the year !•



11,002 19



Underwriting losses and expenses

Gain from underwriting daring the]
jrear



224,307 89



664.S44 01



GRANITE STATE FIRE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT-Contlnuod.



511



INVESTMENT EXHIBIT.
Interest and Rents.



Interest, dividends and rents received!
during the year |

Deduct Interest, dividends and rents]
due and accrued Dec. 31, end of
the year •



$44,663 23
11,203 34



12.381 08



Balance i

Add interest, dividends and rents duel
and accrued Dec. 31, end of thel
year i



Total



PROFIT ON INVESTMENTS.

Gain from sale of ledger assets

Gain from Increase In book value of
ledger assets



Profit on investments during the year

Investment income earned during the
year



$45,831 471



$385 00

I

3.046 00



LOSS ON INVESTMENTS.

Loss from sale of ledger assets | $240 40

Loss from decrease In book value ofj
ledger assets j 1,672 80

Loss from change In difference be-l
tween book and market value dur-
ing the year f 34, WO 30

Loss on Investments during the year ....

I
INVESTMENT EXPENSES.

Investment expenses paid during thel
year



3,431 00



$49,262 47



$36,822 70*.



5.024 65'.



Investment losses and expenses dur-i
Ing the year ,



Gain from Investments during thel
year



MISCELLANEOUS EXHIBIT.



to stockholders!
I.



I I r.aln In

I Surplus.



Dividends declared
during the year .

Total gains and losses In surplus] \

during jLhe year I

Surplus Dec. 31. 1912 ( $331,904 74'

Surplus Dec. 31, 1913 ' 337.388 97 1.



925. 4S4 281



Increase in surplus during the yearj.

I

ToUls I



41.847 35



$7.41S 12



Loss in
Surplus.

$20,000 00



$20,000 00



-I-



5.484 23



$25,454 23 «25,4»4 2S



I



Per cent of losses incurred to premiums earned 58.2.
Per cent of underwriting expenses incurred to premiums earned 38.4
Per cent of Investment expenses Incurred to interest earned 1.09.
Per cent of total losses ^n^ expenses Incqrrea m<\ aiyiaepdn declared to
tot§) iQcoma earned .Mt



Digitized by



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512 HANOVER FIRE INS. CO.

HANOVER FIBE INSURANCE COMPANY,

New York City.

Home Ottlce, 34 and 36 PINE STREET.

[Iiu-orporHted April, t8.'>2 ; commenced business April, 1852; admitted 1864.]

I*re8idcnt, R. EMORY WARFIEIJ). Vice President, JOSEPH McCOBD.

Secretary, JOSEPH McCOBD.

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



Amount of ledger assets, December ai of previous year |4, 789,410 12

INCOME.

Fire.

Gross premiums ^ 13.803,015 90

Deduct reinsurance premiums. Arc, $723,714.18;

return premiums. Arc, $550,444 95 1,274,159 13

Total premiums (other than perpetual) $2,628,856 7T

Gross interest on mortgage loans $176 00

Gross interest on bond? and dividends on stocks,
less $406.13 accrued interest on bonds ac-
quired during the year 138,788 97

Gross interest on deposits in tnist companies

and banks 4,328 67

Gross interest from all other sources :

On daily deposit at Chicago office 158 68

Gross rents from company's property. Including
• $18,000 for company's occupancy of Its own
buildings 07,993 69

Total gross Interest and rents 211.444 81

From agents' balances previously charged olT 374 07

Gross profit on sale or maturity of ledger assets: Bonds.... 1.196 26

Total Income $2,741,871 90

Total footings $7,631 ,282 02

DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses (In-
cluding ?f>81, 507.55 occurring In previous

years) $1,910,412 30

Poduf-t amount received for salvage, lire, $8,-
505.78; reinsurance, Are. $43.1,998.48; dis-
count. Are, $1,092.07 445,597 23



Net amount paid policyholders for losses $1,464,816 07

Expenses of adjustment and settlement of losses 109,659 64

Commissions or brokerace 612,369 58

Salaries. $90.02(i.77. and expenses, $33.030..<?S, of special and

general agents 123.957 6?

SaJari'^s, fe^-s, and all other charges of officers, directors, trustees

and home office employes 1 24, 146 61

Rj*ntJ!. Including S18.000 for company's occupancy of Its own

buildings 26,804 89

Advertising. $15,240.45: printing and stationery, $2e,.'i97.53. . . ,^7.«W7 98

Postage, telegramp, telephone and express 24,8,^1 «0

T^jjal expenses , 761 08

Furniture and Axtures , , , . . 2,615 25

Maps, inoludin? corrections ,........,,..,... 13,006 fMl

rnderwriters' boards and tariff associations 12,48S 04

Fire department. Are patrol and Bal?age oorpi assasemontt, feef,

taxes and expenses t i • • • . 21.146 06

IntpectlODS and turreyt t ,i ... • 80,101 Tl

fiepfiln »»() ^xpMiiKMi (ott)^ tbap tl^xfi^) on fp^\ ••t4to..,tt«»* ||,0N Of



Digitized by



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HANOVER FIRE INS. CO. 513

Taxes on n.^al estate " ^^'?25 12

Stnte taxes on premiums '*^*ato 22

Insurance department licenses and fees 15,073 91

All other licenses, fees and taxes :

Fed'^ral corporntlon tax $712 04

l/ocal scatf, county and city taxes and foes. . ^ 10,824 t<0

. 11,530 84

Othor dlKburveiiicnts :

Office expenses $7, i:J7 7:i

4 Commercial nsreney reports 2,221 5'{

Bond of cashiers 140 00

Inwurauce of office furniture 22.'^ JiO

Auditing books 2,300 00

, 12,022 66

Paid stockholders for interest or dividends (amount declared

during the yenr) 160,000 00

Ajjents' balances charged off 81.3 76

Gross loJs on sale or maturity of ledger assets:

Bonds $5,056 25

Stocks 11,946 25



17,902 50



Total disbursements ?2,S15.657 03



Balance $4,715,624 90



LEDOEli ASSETS.

Book value of real estate $907,056 06

Mortgage Irans on real estate first liens 3,500 00

Book value of bonds, $1,888,300.50, and stocks

$1,211,103.76 8,000,404 35

ra«th in compan.v's office .$2,817 37

Deposits in trust companies nnd

banks not on interest 28,527 62

Deposits In trust companies nnd

banks on interest 205,787 IT

_ . 297,132 16

Aunts' balances representing bnsInesB written

subsequent to October 1, 19l3 404,672 83

AfS^nit* balances representing businesn written

prtor to October 1, 1013. 2,969 69

ToUl ledger a^otf ...j. $4,T15»624 09

NON-LICDOER ASSETS.

Interest aecrueil on mortiyages $14 68

Interest accrned on bond« , 26,016 19

Rents due on company's property or lease 1.239 57

27,870 34

Mnrket vnlne of real estate over book value 221,516 94

Other non-ledger assets: Unpaid reinsurance on paid losses.. 18.825 63



Oro.sK as-^cts $4,083,837 80

DEDl'CT ASSKTS NOT .\r»MITTED.

Ajrents' balnncos represorting busluess written

prior to October 1. 1013 .^2. 0.^.9 .'>0

Book value of ledger over market value 237.645 35

. f>40.6(»4 94

Total ndmlfti'd nsset" J54. 743. 2.32 S\^

LIABILITIES.

n-oss losses adIustM .ind unpaid $70,184 90

OroHT clnlms for loj^.^es In prooefs of ndjnstmont
or in su>-'pen«o. plus $21,184.88: resorve for
losses Incurred prior t«> T'ocember .Tl of which
no not!i-e bnd heen ♦*ec<'Ived on that datp. .... 243.718 oS

Oross clalmK for losse.S resisted ...;.;.. 23.888 24

Total ; i $337. 792 21

Dodurt roln«»ur.ince dun c r .iccfUed. 88.3.3G 73

Ket amount of unpaid leiscs ^nd blaim^. ...».«.. $240, 160 49

83„|ng.^l ^g.^.^^^ ^y Google



514



HANOVER FIRE INS. CO.



Grogs prMininms Hesj? rolnsnrnnco) rocolved and receivable upon
all unexpired flre risks. $5,187,023.17; unearned preminms...

Salarie;^, rents, expenses, bills, nccounts, fees, etc., due or ac-
cnied

Estimated annonnt herenfter payable for federnl. state and other
taxes based upon business of the year of this statement....

PommLsslons, rontlnsrent or other charges due or accrued

Reinsurance and return premhin»s due other companies...,.,..

All other liabllitl(>s : Rents paid in advance ,



2,042,121 8fl
9,972 08

4«.000 00
6.2.^4 27

4«.468 01
2.67.'5 50



Total amount of all liabilities except capital $3,001,928 28

Tapital actually paid un In cash , $1,000,000 00

Surplus over all liabilities , 741,.S04 6.3



Surplus as regards policyholders, .,.,,,,..,,...!,"..........", 1 , 741 .304 ttS

Tofftl llnbi|ltle8 ,.,,..,.,,.,,,.,..,,.. ,.,,.,,,. . $4.7 43.232 8fl



RISKB AND PREMHTMS.



. ^ . Fire risks.

In forcft on the Hint day of De^omher. 1912. . . $501,027,629 8S

Written or renewed durioff the year 802.923.103 00

Rzo«84 of original premiums over amount re-
celTed fop reinmiranoe.

Totals $953.950.7.32 33

Deduet those expired nnd marked off as terml-

nnted 847.669.627 33

I

Tn force at the end of the year $606.?8l.10fi 00

Deduct amount rohisuped 08. 961 . 501 55

Net amount In force $507,319,603 45



• Gross
premiums
thereon.
$6,090,397 59

3.803.015 90

7.128 42

$9,900,641 84

3.712.776 64

$6 1 81.765 9(i
999.842 03

$5,187,923 17



RECAPITULATION OP FIRE RISKS AND PREMIUMS.









Gross


T




Year
written.


Term.


Amount
covered.


p»*emlums

charff*-d.

less re-


si


Amount of
premium
uneArced'








insurance. 1 r^ ^
$1,425,344 381 1-2




1913


One year or leas..


$120,871.860 00


$712,672 19


1913


One year or less . .


77.640 00


765 94! All


765 94


1912


Two years


700,066 00


5,775 35| 1-4


1,443 84


1913


Two years


336.927 00


2,175 331 3-4


1,631 52


1913


Two years


6.000 00


100 521 All


100 52


1911 1


Three years


an. 482. 193 68


758,033 041 1-6


128,838 a5


1912


Three years


93.205.154 84


830.173 32| 1-2


415,066 66


1913


Three years


93,3.55.638 00


839,170 591 5-6


699,306 82


1913


Three years


39.045 00


3.'H 621 All


354 62


1910


Pour years


1 310.767 00


3.760 271 IS


470 03


1911


Four years


223.209 00


1,783 981 3-8


668 99


1912


Four years


356.300 00


2.749 511 ,5-8


1,718 43


1913


Four years


276.7.T6 00


2,.^04 521 7-8


2.016 45


1909


Five years


1 20.3.'>3.002 16


247.607 371 1-10


24.760 73


1910 1


Five years


20.. 329, 490 .50


249,0.36 201 3-10


74.710 86


1911


Five years


20,785,536 17


252,120 321 1-2


126.060 16


1912


Five years


22,695,990 10


270.890 731 7-10


189,623 48


1913


Five years


1 24.829.041 00


287,845 1.31 9-10


259,060 62


1913


Five years


31.640 00


496 451 All


496 45


1


Over five years ..
^ Totals


I 953,267 00

1


7,435 601 P. R.

1


4,832 73


1

, 1


$507,319,603 45




$5,187,923 171

1 .


$2,642,121 89








[


)igitized


byGoOQl



HANOVER PIRE INS. CO.



515



BUSINESS IN THE STATE OP WISCONSIN DURING THE YEAR.



I Fire.

I



Gross risks written ( $ll,C01,Ct)7

Less $2,233,027 risks canceliod, and'
1214,700 reinsurance in componies uu-j
tborleed in Wiscousiu , | 2,302,S?7



Net risks written



ToiTQado.



$1,170,310
145,400



Gross premiums on risks written .
^•ess $15,407.28 return premiums; a
$1,04Q.05 premiums for reinsurance



in companies aut|)ori«ed ip Wlsr



h



$0. 28a. 3701
15,600 60



$1, 030,910
166 28



K6( premiums peceired I $109, T5t 23



Lcisses paid (deductiuK salvutfe) I

t^ss losses on risks relQsurea In com-l
pnoieg autborized in Wlaconsin



$37,804 98



Net losses paid



$87.279 08



Losses incurred

Less losses on risks reinsured in com-|
panles ftothoflsed in Wisconsin .



$39,966 24
25 96



Net losses incurred



$39.040 28



$0.T07 58



$4UT4



$411 T4



$41174



$411 74



Total.
$12,768,qOT
2.447,727



$10,320.2^



$132,fll5 T«



16.456 08



$116,458 88



$8T.tTo^
80 06



$87.690 76



$40,877 98
26 96



$40.852 03



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.

Premiums.



Totsil premiums

Add unpaid return and reinsurance)
premiums Dec. 31. 1912



$2,528,850 771
48.916 581



Total I $2,577,773 35|

Deduct unpaid return and reinsur-|
ance premiums Dec. 31. 1913 ' 46,468 01



I-



Balance 1 $2,531,305 34

Add unearned premiums Dec. 31, 19121 2.701,091 59l



Total I $5,232,396 931

Deduct unearned premiums Dec. 31,1
1913 1 2. 642 , 121 891



Premiums earned during 1013.



1-




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