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Wisconsin. Dept. of Insurance.

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UNDERWRITING PROFIT AND |
LOSS ITP^MB. I

I
Gain from agents* balances previously)

cbarfred off I

Loss from agents' balances charged)

off I



$2,590,275 04



I



I



$374 07
813 76



Loss from above



$439 69



Digitized by



GoogI(



516 HANOVER FIRE isS. CO-

UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



AgpntH* balances and bills |

receivable not admitted I

Dec. 31, 1912 |l,U5l 01'

Agents' balances and bills (

receivable not admitted |

Dec. 31. 1913 2,1^.9 Ol»'



Loss from above



I
1,008 581.



Loss from underwriting profit and!
loss items I



1,448 27



Underwriting income earned duriugl
1913 I.



LOSSES.



T^os^-es paid

Deduct salvage and reinsurance re
coverable Dec. 31. 1913



Balance . . . ^

Add salvage and reinsurance recov
erable l>e<\ 31, 1912



Totol

Deduct losses Dec. 81. 1912 .



Balance

Add unpaid losses Dec. 31, 1913

Loises incurred during 1913 .,.



$1,4<H,815 07
18,825 5«



n, 445.980 54
8,888 39



11,454,877 93
259,922 41



UNDERWRITING BXPENBBS.

Underwriting expenses paid daring
1918

Deduct underwriting ezpeniei unpaid
Dec. 81, 1912



11,194,955 52
249,455 48



60,111 41



Balance ^

Add underwriting expenses unpaid
Dec. 81, 1918 '



$1,086,557 48
60.799 28



Underwriting expenses incurred dar-
ing 1918



$1,444,411 00



1,127.856 76



Underwriting losses and expenses
Gain from underwriting during 1913[



INVESTMENT EXHIBIT.
Interest and Rents.



Interest, dividends and rents received
during the year ••

Deduct injterest, dividends and rents I
due and accrued Dec. 31, 1912 . . .



$2,588,826 77



2,571,767 76



$17,«59 01



$211,444 81!.
28,334 581.



$183,110 281.

I

27,870 341.
I
3,004 131.



Balance •

Add Interest, dividends and rents due
and accrued Dec. 31. 1913

Add interest and rents paid in ad-
vance t)ec. 31, 1912 1

Total I $213,984 75

Deduct interest and rents paid in adl
vanco Dec. 81, 1913 f 2,675 60

Interest and rents earn«a dnring VMl



$811.809 20

Digitized by



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^aKover pire ins. CO.

UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



517



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets


1

i.i9a2«i








'




Inrestment iucome earned during 1913




$212,505 50


LOSS ON INVESTMENTS.
Loss from sale of ledirer assets ....




117,902 50
177,105 87


^




Loss from change in difference be-
tween book and market value dur-
ing 1918








$195,007 87




Loss on investments during 1913....






INVESTMENT EXPENSES.

Investment expenses paid during 1913

Deduct investment expenses unpaid

Dec. 31. 1912 ;





$45,456 81
1.020 79















Balance ........


$44,486 02
40807




Add investment expenses unpaid Dec.
81, 1913








44,844 00




Investment expenses incurred during
1913












Investment losses and expenses dur-
ing 1913




239,851 90











Loss from investments during 1913...


$27,846 46






*




MISCELLANEOUS EXHIBIT.

Dividends declared to stockholders
durlnir 1913





Gain in
Surplus.


Loss in
Surplus.

$160,000 00










Total gains and losses In surplus
durlnir 1913


$17,069 01


$187,846 46


Surplus Dec. 31, 1912


$911,592 08
741,304 63




Surnlua Dec 31 1913








170.287 45




Decrease In snrnlus durlnir 1913 ....













Totals


$187,846 46


$187,846 46







Per rent «)f losses Incurred to premiums earned 55.7.
Per cent of underwriting expenses Incurred to premiums earned 43.5.
Per cent of Investment expenses Incurred to interest and rents earned 21. 2.
Per cent of total losses and expenses Incurred and dividends declared to
total income earned 100.



Digitized by



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6l8 HAB*PORb PIRE INS. 66.



&A&TFORD FIRE INSURANCE COMPANY,

Hartford, Conn.

Home Offlce. TRUMnULL STREET.
[Incorporated May, 1810; commeuccd lusluess Augrust, 1810; admlasion, 1831.]

President, A. M. BISSELL. Vice President, WHITNEY PALACHB.

Secretary, FRED'K SAMSON.

CAPITAL STOCK.
Amount of capital paid up In cash $2,000,000 00



Amount of ledger assets, December 31 of previous year $20,188,520 04

INCOME.

Marine and
Fire. inland.

Gross premiums $21,313,778 90 $1,187,219 52

Deduct reinsurance premiums, fire,
$2,682,809.83; marine and Inland,
$230,924.18; return premiums, fire,
$2,901,773.68; marine and inland, $231,-
095.71 5.584. 58;^ 51 462.019 89



Total premiums (other than per-
petual) ... $15,729,195 39 $725,199 63



$16,454,395 02



Gross interest on mort|?age loans $27,002 33

Gross Interest on collateral loans 874 42

Gross Interest on bonds and dividends on stocks less
$15,183.59 accrued Interest on bonds acqu'red dur-
ing the year 973.932 57

Gross Interest on deposits In trust companies and

banks 15,794 40

Gross interest from all other sources: Certificate of

deposit and unpaid premiums 692 78

Gross rents from company's property. Including
$30,000 for company's occupancy of its own build-
ings .'52 , 048 16



Total gross Interest and rents , 1.070,344 66

From other sources:

Conscience money $3 44

Premium on exchange of bonds 125 00

Dividend In liquidation Ontario bank 866 66

995 10

From agents' balances previously charged off 1.685 5J»

Gross profit on sale or maturity of ledger assets : Bonds 5.476 32

Total Income $17..'»:?2,896 68

Total footings $43,721,416 72

Digitized by LjOOQIC



BABTFOHD FIRE iKa 00. 519



DISBURSEMENTS.

Marine aiiil
Fire. inidua.
Gross amouut paid policy liolders for
losses (inclUdiug $1,14^,060.03 occur-
ring m previous years) $9,tM)0,007 79 |ol7,940 10

Deduct amount received tor salvage, tire,
^*.$,^X.dO; niariue una luiuuu, ^zx,-
«>»d.»i; reinsurauce, nre, ^i,a<3,83:^.i::;
marine aud luiaua, $i;50,a«>;£.;Mi 1,447,813 92 157,926 29

Net amount paid policy liolders

tor losses $8,452,093 87 $360,013 81

$8,812,707 68

Expeuses of udjustmeul and settlement of losses 199,284 34

Comm.ssions or brokerage , 3,;>07,1U7 li

Salaries, $i33,lul.l2, aud expeuses, $394,910.07, ot special and geuerai

ageuu 828, 107 19

Salaries, fees, aud all otber cUurges ot omcers, directors, trustees

and nome ottice employes 467,240 03

Rents, including $30,oiAi lor compauy s occupaucy of its own buiid-

iugs 94.011 23

Advertising, $70,530.38; priuiiug and stationery, $12;l,512.94 200,043 32

Postage, telegrams, teiepaoue and express. .' 108,611 "22

liegui expeuses 11,230 02

Furniture and tlxtures 26,454 83

Maps, including correctious 34,'i46 14

Underwriters' board and tariff associations 217,146 63

Fire department, nre patrol and salvage corps assessments. Ices,

taxes and expenses 78,594 98

Inspections ana surveys J4,507 99

Repairs and expeuses pother than taxes) on real estate 20,594 41

Taxes on real estate 12, 619 46

State taxes on premiums « 2 1 4, 293 32

Insurance department licenses aud fees 52,895 20

All otber licenses, fees and taxes :

Federal corporation tax $18,541 74

County and municipal tuxes and licen.ses 61,411 46

State Ux on capital stock 119,667 00



109,520 20



Other disbursements:

Pensions paid to employes $10,791 52

Commercial ratings 10,553 06

Interest on reserve held for reinsurance companies 20,072 83

Water, ice and toilet supplies 3,493 24

Insurance on company's property and interest 5,929 41

Newspapers and periodicals ' 2,421 45



53,261 51

Paid stockholders for interest or dividends (amouut declared dur-
ing the year) 800,000 00

Decrease in llablllt.es during the- year on account of reinsurance
treaties : ,,.. 301,470 90

Agents' balances charged off 4, 186 88

Gross loss on sale or maturity of ledger assets:

Real estate $6,515 65

Bonds 81,526^4



88,042 29
Gross decrease, by adjustment, in book value of ledger assets:
Bonds 125 00



Total disbursements $16,452,861 7.s



Balance $27,268,554 94



Digitized by



GoogI(



520 HARtPORD FIRP INS. 66.



LEDGER ASSETS.

Book value of real estate 1734,219 56

Mortgage loans on real estate, first Hens 453, 166 t(7

Loans secured by pledge of bonds, stocks or other
collateral ^,,.. 32,500 00

Book value of bonds, ^19,51)5,304.67, and stocks,
^,015,W2.52 22,611,247 19

Cash in company's office $82102

Deposits in trust companies and banks
not on interest 127, 704 36

Depos.ts in trust companies and banks

on interest 751,645 91

880,171 29

Agents' balances representing business written sub-
sequent to October 1, 1913 2,484,936 90

Agents' balances representing business written prior
to October 1, 1913 66,392 08

Bills receivable, taken for fire risks ^. 5,921 16



Total ledger assets $27,268,554 94



NON CEDGER ASSETS.

Interest accnned on mortgages $4,260 76

Interest acc/ued on bonds 2(i8,917 28

Interest accrued on collateral loans 737 50

Rents accrued on company's property or lease 1,315 85



Total 275,231 39

Market value of real estate over book value 3,380 44



Gross assets $27,M7, 166 77



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written prior
to October 1. 1913 $66,392 08

Book value of ledger assets over market value: Bonds
and stocks 934,800 84



1,021,192 92
Total admitted assets Ji;26,525,973 85



LIABILITIES.

Gross losses adjusted not yet due $162,660 21

Gross claims for losses in process of adjustment or In

suspense 1,020,491 46

Gross claims for losses resisted 120.281 61



Total $1,609,433 2S

Deduct reinsurance due or accrued 350.459 00



Net amount of unpaid losses and claims $1,252,074 19

Gross premiums (less reinsurance) roce'ved and re-
ceivable upon all unexpired fire risks, $27,711,114.61;
unearned premiums $14,481,437 74

Gross premiums (loss reinsurance) (cash and bills)
received :?*id receivable upon all unexpired inland
navlgat ( n risks, $599,909.56; unearned premiums
(fifty pi r cent) 239,954 78



Total \:nparned premiums as computed above 14.781,392 52

Digitized by LjOOQIG



HABTFOBD FIRE INS. CO.



521



Salaries, rents, expenses, bills, accounts, fe^s, etc., due or ac-
crued 23 , 000 00

Estimated amouut hereafter payable for federal, state aud other

taxes based upon business of the year of this statement 300,000 00

Commissions, contingent or other charges due or accrued 50,000 00

Funds held under reinsurance treaties ". 08,086 01

All other liabilities : Special reserve 500.000 03

Total amount of all liabilities except capital $10,977,451 72

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

Surplus over all liabilities 7,548,522 13

Surplus as regards policyholders 9,548,522 13

Total liabilities $26,525,973 85



KISKS ANIJ PKKMILMS.



Fire risks.



(iross
premiums
th'jreon.



Marine

and Inland

risks.



(•ross
premium.s
thereon.



In force on the 3l8t day|
of December, 1912. .|$2, 605, 708, 034|$28,

Written or renewed | |

during the year j 2,034,104,6881 21,

Excess of original pre- |

miums over amount j

received for relnsur- |

auce I I

Total |$4,639,S72,722|$50,

DedOct those expired} I

and marked off as tcr-| |

mlnated | 1,732, 330, 705| 20.



410,314 04| $31,678,0051 $818,511 S3
313,778 90| 55.062,3531 1,187,219 52



702,545 0,r.
426,637 971

217,124 00|



In force at the end I i 1

of the y ear.... 1$2. 907, 542, 0171^:30, 209, 513 97f

Deduct amount rein -I

sured | 275,448,2271 2.498.099 30



$86,740,9581 $2,003,731 37

I

56,739,7301 1.247,071 20



Net amount
force



lu|
...|$2, 632,093,



790|$27,

I



711,414 61



$30,001,2281 $758,660 17
5, 252. 3731 ir,8,750 01

$24,748,653 $599,909 56



RlCCAPlTlLATION OP FiltE RISKS AND PREMIUMS.




Amount
covertKl.



Gross

premiums

charged,

li's-j rv-

insuranct'.



Amount of
pi(*niiuni
uiii'uini'd.



3913.
1912.
1913.
1911.
1912.
1913.
1910.
1911.
1912.
1913.
1900.
1910.,
1911.
1912.
1913.



► 1-2


) 14


1 3-4


1-6


12


1 3-0


1 1-8



One year or less .... $800. .320, 398t $9. 327, 238 95]

Two years 7 . 9.39 . 314 1 74 , 789 80;

Two years | 8,964. 297| S4.664 69|

Three years | 361.27I,?14| 3,634,588201

Three years | 4 37, 703., 327 1 4,219..3(»9 91

Th ree yea rs | 495 , ,'J30 . 021 1 4 , 785 . 32:J 82

Four years ( 2.718.9171 30,002 231

Four years \ 2. 9.34 , 5731 31 . 047 301

Four years i 3.28;».313 36.831 5t

Four years ' 4. .3^,7171 43.0l»8 0T|

Five years j 72.494. 171| 841.119 47

Five years | 87 . 166. 990; 1 . 01 4 , 4.'>0 .32

Five years j 87.8.37,4201 1 ,047.705 47| 1-2

Five years 121. 20'). 7991 ].215.3ri 791 1-H) i

Five years [ 132,417,4191 ]..T23,710 83| 9 1<» '

Totals i$2, 632, 0^3, 790 $27, 711, 4 14 OH ^14,481.4.37 74

! _l I



3-8
,VS
7 8
1 10
3-10



$4,663,629 4.S

18,697 43

63.49S 51

6a5,761 70

2,109,6.-»4 93

3,987.76) S5

3.730 28

11,642 M

23.019 71

37,710 Si'

84.111 93

.304.. Tr» o;r

52.3. S.32 74

K3» S'li ( '.

1.103.13) 75.



-"lyitized by



522



HABTFOiO) FIRE INS. CO.



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



Fire.



Marine and fr^««.^«
inland. Tornado.



Total.



I



Oross risks written
Less $7,965,079 risks
cancelled, and $2,
085,693 reinsurance in
companies authorized
in Wisconsin ...



$37,853,478 00 $1,401,497 00



9,021,696 00



Net risks written $28,831,782 00 $972,956 00



I



428,541 00



Oross premiums on risks]
written

Less $62,573.38 return
premiums; and $13,-|
436.22 premiums for|
reinsurance in com-
panies authorized inj
Wisconsin t



$404,686 46 $32,858 06



I
I
I
I
63.698 351



Net premiums re-
ceived



9,374 54



Losses paid (deducting

salvage)

Less losses on risks re-
. insured in companies
authorized in Wiscon-
sin



$340,968 11 $23,483 52 $20,075 63



$3,217,727 0O'$42,472,702 00



601,435 00



$2,616,292 00



$32,421,030 00



$23,012 34



2.936 71



$131,128 12 $9,691 60 $7,230 08



6,250 30



Net losses paid.. $124.877 82

|==.r|

47|



$9,691 60



10,051.672 00



$460,55^86



70,009 60



$3g4,547 26



$148,049 SO



6.250 30



$7,230 08f $141.799 50



Losses Incurred j $172,741

Less losses on risks re- 1

Insured in companies!

authorized In Wlscon-I

sin I 9,518



$8,843 75



I-



561 .



$7,230 08 $188,815 30



Net losses in -
curred | $163,222 91 1 $8,&43 75

I



9,518 56



I
$7,230 081 $179,296 74



Digitized by



GoogI(



HARTFORD FIRE INS. CO.



523



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
PremiuAs.

Total premiums |$16,4M,395 02

Add unearned premiums Dec. 31 of|
previous year f 13,871,786 40



Total 1*30.326,181 42

Deduct unearned premiums Dec. 31,
end of the year I 14.781.392 52

Premiums earned during the year.. I



$15,544,788 90



UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agents' balances previously
charged off, $1,685.58, and from
other underTvritInK income, $3.44...

Loss from agents' balances charged
off



Loss from above

Loss from agents' balances.



Loss from underwriting profit and
loss items



Underwriting income earned during
the year



$1,689 02
4.186 88



$2,497 80
3,836 07



LOSSES.



Losses paid

Deduct unpaid losses December 31 of
previous year



Balance

Add unpaid losses December 31, end
of the year



LfOsses Incurred during the year.



$8,812,707 68
1,274,370 61



V7, 538.337 (M
1,252.974 19



I



6,333 93



$8,791,311 23



$15,538,454 97



UNDERWRITING EXPENSES.

Underwriting expenses paid during, ■

the year I $3,244,514 971.

Deduct underwrit'ng expenses unpaid! I

December 31 of previous year | 200,000 00 .



Balance ) $6,044,544 97|.

Add underwriting expenses unpaid|

December 31, end of the year • .^75.000 00] .

Underwriting expenses incurre«l dur i

ing the year 1



I
.! 6,410,W4 97



Underwrit'ng losses and expenses f.

Gain from underwriting during the
year



I-



-I



15.210,856 20



$837. 5M 77



Digitized by



GoogI(



524



HARTFORD PIRE INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
during the year

Deduct Interest, d'vldends and rebts
due and accrued December 31, end
of the year



Balance

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



Total

PROFIT ON INVESTMENTS.



Gain from sale of ledger assets.
Gain from other Investments



Profit on Investments during the year

Investment Income earned during the
year



11,070,344 06
268,600 23



$801,654 43
275.231 39



$3,476 32
991 66



LOSS ON INVESTMENTS.



I



$1,076,885 82



6,467 98



$88,042 20
125 00



Loss from sale of ledirer assets.
Loss from decrease In book value ofj

ledger assets I

Loss from change In difference be-l

tween book and market value during

the year | 1,049,084 35

Loss from other Investments | 139,639 83

Loss on investments during the year. .1. . .

INVESTMENT EXPENSES. |

Investment expenses paid during the|



$1,063,353 80



$1,276,891 47i.



year



.1.



62.144 23



Investment losses and expenses during!
the year | .



Gain from investments during thei
year j.



1,. 339,035 70



$255,681 90



MISCELLANEOUS EXHIBIT.



I



Dividends declared to stockholdersi

dnrlug tile year 1.

Decrea se In special reserves I .



Gain In
Surplus.



$12,913 01



Loss from above I (.

I I-

Total gains and losses In surplus dur-I I

Ing the year I I

Surplus Dec. .31, 1912 1 .^S..!! 3. 602 221.

Surplus Dec. 31, 1913 I 7..^)48.522 13'.



Loss in
Surplus.

$f^oo.ono 00
250.0iRFOO



$1,037,086 96



-I-



$827,608 77



$1,202 768 80



Decrease In surplus during the year..I.



I



.1



005,170 00!.



Totals 1 1 $1,202,768 861 $1,202,768 86

^ \ I I

Per cent of losses incurred to premiums enmed, .'>6.6.
Per cent of underwriting expenses incurred to premiums earned, 40.5.
Per cent of investment expenses incurred to interest and rents earned, 5.7.
Per cent of total losses and expenses incurred and dividends declared to total
Income earned, 95,9



Digitized by



GoogI(



Moklc itfB. dO.



&2S



HOME XNBU&ANOE COMPANY,

New York City.

Home Office, 56 CEDAR STREET.

[Incorporated April, 1853; commenced buslnesa, April 13, 1853; admitted 1863.1

President, ELBRIDGB G. SNOW. Secretary, CHARLES L. TYNE;R.

Vice President, FREDERIC C. BUSWELL.

CAPITAL STOCK.

Amount of capital paid up in cash.*. $ 6,000 .000 00

Amount of ledger assets, December 31 of previous year $38.T73,527 89

INCOME.

Marine and
Fire. Inland.

Gross premiums 119,733,242 76 $1,471,067 11

Deduct reinsurance premiums, fire,
$3,406,797.49; marine and inland.
$376,721,37; return premiums, fire,
$2,577,647.19; marine and inland, $237,-
799.16 6,986.344 62 614.520 53



Total premiums (other than per-
petual) $13,746,898 14 t836,536 58

$14,603,434 72

Gross interest on mortgage loans $1 ,096 80

Gross interest on bonds and diTidends on stocks,

less $14,962.02 accrued Interest on bonds acquired

during the year 1,386,406 21

Gross interest on deposits in trust companies and

banks 21 , 643 52

Gross interest from all other sources: Miscellaneous.

including interest on agents balances 2,866 20



Total gross interest and rents 1,411,001 73

From other sources:
Profit and loss items: Income from unlisted secu-
rities $381 02

Rents, real estate previously owned 915 54



1,296 66

From agents* balances previously charged off 58 00

Gross profit on sale or maturity of ledger assets :

Bonds $11 , 680 00

Stocks 38,852 00



50,532 00



Total income $16,066,323 10

Total footings ...$52,839,850 99



Digitized by



GoogI(



526 HOME ms. cO.



DISBURSEMENTS.

Marine and
Fire. inland.
Gross amount paid policyholders for
losses (including 11,313,773.02 occur-
ring in previous years) $9,077,144 <H $511,100 13

Deduct amount received for salvage,
fire, $39,918.58; marine and inland,
V21,183.82; reinsurance, Are, $2,354,-
991,71; marine and inland, $191,506.87 2,394,910 29 212,000 09

Net amount paid policyholders

for losses $7,282,233 75 $298,409 44

$7,580,643 19

Expenses of adjustment and settlement of losses 160,023 50

Commission and brokerage 3,019,640 12

Allowances to local agencies for miscellaneous agency expenses.... 4,223 78

Salaries, $345,796.84, and expenses. $140,568, of special and general

agents 486,365 30

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

and home office employes 484,604 09

Rents 140,807 62

Advertising, $108,662.75; printing and stationery, $210,281.00 318.943 75

Postage, telegrams, telephone and express. 107,301 30

Legal expenses 7,518 67

Furniture and fixtures 22,543 84

Maps, including corrections 19.906 12

Underwriters' boards and tariff associations 120.036 72

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

taxes and expenses 48,747 60

Inspection and surveys 96,051 10

State taxes on premiums 311,666 71

Insurance department licenses and fees 57.822 16

All other licenses, fees and taxes : Federal corporation tax 23,900 23

Other disbursements:

Traveling expenses $7,801 43

Exchange 20,498 85

Lunch for officers and home office employes 41,719 ^

Miscellaneous 1,244 41



70,764 20
Paid stockholders for interest or dividends (amount declared dur-
ing the year) * 4.200,000 00

Agents' balances charged off 3,968 53

Gross loss on sale or maturity of ledger assets:

Bonds $19 , 402 60

Stocks 384.105 93

403,508 43



Gross decrease, by adjustment. In book value of ledger assets:
Bonds 2,846 25



Total disbursements $17,605,923 82



Balance $35,143,927 67

LEDGER ASSETS.

Mortgage loans on rfal estate $10,'800 00

Book value of bonds, $17,047,792.32; and stocks,
$13,561,608.37 30,609,400 69

Deposits in trust companies and banks
not on interest $41,476 53

Deposits in trust companies and banks

oon interest 1,768.708 82

1.810.185 33

Agents' balances representing business written sub-
sequent to October 1. 1913 2.493,651 46

Agents' balances representing business written prior
to October 1. 1913 98,738 46

Bills receivable, token for fire risks 121.151 71



Total ledger assets $35,143,927 67

Digitized by LjOOQIC



:aoME ms. 00. 527

NON-LEDGBR ASSETS.
Interest accrued on bonds 244,719 00



Gross assets $85,388,646 67



DEDUCT ASSETS NOT ADMITTED.

Agents' balances, representing business written prior
to October 1, 1913 $98,738 46

Bills receivable, past due, taken for marine, inland
and fire risks 121, 151 71

Book yalue of ledger assets over market value:

Stocks 1,005,588 37

Bonds 1,023.252 32

2,248,730 86

Total admitted assets $33, 189,915 81



LIABILITIES.

Gross losses adjusted and not yet due $236,688 00

Gross claims for losses in process of adjustment or
in suspense, plus $100,000; reserve for losses in-
curred prior to December 31 of which no notice

had been received on that date 1,742,299 93

Gross claims for losses resisted 76,172 00



Total $2,066,159 93

Deduct reinsurance due or accrued 870,900 03



Net amount of unpaid losses and claims ; $1,184,259 90

Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks, $24,850,880
unearned premiums $13,041 ,198 00

Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $655,990; unearned premiums (fifty
per cent) 327,995 00

Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired marine
risks, $78,783; unearned premiums (100 per cent) 78,783 00

Total unearned premiums as computed above 13.447,976 00

Salaries, rents, expenses, bills, accounts, fees, etc., due or ac-
crued 100,000 00

Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 200,000 00

Reinsurance and return premiums due other companies 334.660 22

All other liabilities: Reserve as a conflagration surplus 1,800,000 00

Total amount of all liablllt!es except capital $17,086,896 12

Capital actually paid up in cash $6,000,000 00

Surplus over all liabilities 10,073,019 60



Surplus as regards policyholders 16,073,019 <



Total liabilities $33,139,915 81



Digftfzed-by



GoogI(



528



HOME im. CO.



RISKS AND PREMIUMS.



Fire risks.



Gross Murine i Gro«

urcmiums and Inland I premiums

I hereon. risks. thereon.



In force on the 31at dnyl
of December, 1912... |.$2,

Written or renewed |
during the year | 2,

Excess of original pre-|
miums over amouutj



Online LibraryWisconsin. Dept. of InsuranceReport → online text (page 55 of 94)