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Wisconsin. Dept. of Insurance.

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lire dep:irtment, lire patrol and salvage corps assessments, fees,

taxes and expenses 603 98

In:»pections anci survi'ys 1 , 767 02

iState taxes and premiums 7,425 95

insurance department licenses and lees 1,894 29

All other licenses, fees and taxes :

Federal corporation tax 1438 86

Local taxes 4 , 170 15



Other disbuvscments :

Traveling |145 00

Exchange 446 18

Office expenses 7S 00



4,015 00



669 78



Paid stockholders for interest or dividends (amount declared

during the year) 15,000 00

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

Bonds 1717 77

atoika 142 40

' 860 17



Total disbursements $205, 106 82



Balance $1,150,462 11



LEDGER ASSETS.

Book value of bondf, $112,002.27, and stocks,

$364,092.^^3 $776. 184 80

Deposits in trust companies and

banks rot on interest $24,514 42

Deposits in trust companies and

banks on interest 215,946 14



240.460 56
Agents' l»alance.« representing business written

subs-equent to October 1, 1913 132,192 60

Agents' balnnc'^R representing business written

prior to October 1. 1913 1,624 15



Total ledger nssets $1,150,402 11

NON-LEDGER ASSETS.
Interest accrued en bonds 4.767 50



Gross assetf $1,155,229 61



DEDUCrr ASSETS NOT APMITIED.

Agents' balnnces representing business written

jiHor to October 1. 1013 $1,624 15

Book value of ledger nssets over market value :

Bonds 30. 802 27

Stocks 42.092 53



74,518 95



Total admitted assets $1.0S0.710 6«



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^52



LlVEltt>0OL AND LOKDON AKb GLOBE INS. C6.



MAftlMTlteS.

GrO{»s clnltn^ for Iosb^s in procefls of adjustment
or Jn suspense, plus |3,000 reserve for losses
Incnrred prior to December 31i of which do
ilotlce had been received on that date

Deduct reinsuran<:e dac or accrued. In companies
authoHzed in New York



Net amount of unpaid losses and claims.

Gros9 premiums (less reinsurance) received and
recefvaole upon all unexpired Are rislcs,
$497,8811.00 ; unearned premiums (50 per cent)

Gross premiums (leas reinsurance) (cash and
bills) received nnd receivable upon all unex-
pired inland navigation rislcs, $33,916.95 ; un-
earned prc^miums (50 per cent)



$76,130 00
49,117 00



$265,248 36



16.958 48



Total une.-^rned premiums as computed above.



$27,013 00



282,206 84
7,500 00



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

Estimated amount hereafter payable for federal, state and other

taxes ')ascd upon the business of the year of this statement. . 5,913 50

Contlm.grent commissions or other charges due or accrued 10,000 00



Total amount of all liabilities except capital $332,633 .34

Capital actu.ally paid up in cash $200,000 00

Surplus ove' all liabilities 548,077 32

Surplus as rejiards policyholders



748,077 32

Tr tal liabllltleK $1 ,080,710 6G



RISKS AND PREMIUMS.



Fire risks.



In force on the 31st dayj
of December. 1912 ..

Written or renevi*ed
during the year

Excess of original pre-
miums over amount'
received for relnsur-j
auce



Gross
premiums
thereon.



Marine

and inland

rlxiks.



I



$78,549,728! $887,838 281

I I

71,641,0651 756,587 771



I



I



$1,021,718
3.018,821



I-



Total

Deduct those expired|
and marked off nsl
terminated



-I-



17,401 351.



-I-



premlums
thereon.



$49,364 12
90.188 40



1 $150,190,793! $1,661,827 40| $4,O40,539| $139,647 16



I



I



I 59,050.717' 674.291 49|



I
1,853,8421



76,387 86



In force at the end|

of the year |

Deduct amount rein -I

sured I

!-
Net am^'unt in forcel



$91,140,0761 $987,535 911 $2,186,697
I I

45,266,7901 489,646 85| 727,757



$64,159 30
30,242 35



$45,873.2861 $497,889 06'

I I



$1,458,9401 $33,916 95



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LIVERPOOL AND LONDON AND GLOBE INS. CO.



553



RECAPITULATION OP FIRE RISKS AND PRBmUMS.



Year
written.



Term.



Amount
covered.



I



Gross
premiums

charired.

less re-
insurance.



Amount of
premium
unearned.



1013..
1914..
1»12..
1913..
1911,.
1912..
1913..
1910. .
1911..
1912..
1913..
1909..
1910. .
1911..
1912..
1913..



I



One year or less .. .|
Business 100% ....|

Two years I

Two years I

Three years I

Three years I

.Three years (

Four years ..
Four years ..
Four years ..
Four years ..
Five years . . .

Five years I

Five years I

Five years

Five years I

Over five years



Totals



I-



$16,404.1871

20.0001

250,026!

982,901!

R, 174. 2101

:S.K»3,4(>3'

8,211.2.S<iI

107. 4(K)

91,850

120, W3

197,561

1,875.462

912.493

1.638.4401

1,609.499

2,216.116

55,800



$45,873,286



$179,407

167

2.396

8,304

50,447

G2.6.S7

83.065

506

1,144

1.057

2,003

23,917

14,029

17,529

22,172

27.298

1,754



I



46 1-2

00| All I

281 1-4 I

671 3-4 I

521 1-0 i

07 1-2 I

221 5-0 I

111 1-S I



3-8
5-8 '
7-8 I
1-10 I
3-10 I
1-2 !
7-10 !
9-10



$497,889 061.

1



191 P. R. I

-I-



$89,703 73

167 00

599 07

6.228 50

8,407 92

31.343 54

6»,221 02

63 26

429 28

660 79

1,753 01

2,391 76

4.208 99

8.7ft4 80

15.520 76

24.568 57

1,216 36



1



$265,248 36



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



Fire.



Marine and ,«„ ,,

inland. 1 Tornado.



Total.



I I

Oross risks written f $1,193,050|

Less $267,205 risks cancelled,! j

and $332,398 reinsurance in| \

companies authorized In Wls-| I

consin I 507,0581



$34,6581 $112.9501 $1,340,658



i



3, 5301



80.015'



590,603



Net risks written



I-



$085.9021



$31 . 1281



$23,9:i5| $741,055



Gross premiums on risks writ*! I

ten I $12,517 07'

Less $2,452.70 return pre-j ]

mlums; and $3,678.70 pre-| I

miums for reinsurance Inj j

companies authorized In Wis-| |

consin I 5.263 1S|



-1-



I
$706 261



94 761



$901 10' $14,124 43



773 52^



0.131 46



Net premiums received..)



Losses paid (deductlnfc sal-j
vaKe)

Less losses on risks reinsured!
in companies authorized' in!
Wisconsin I



$7,2.')3 89!



$611 50! $127 58|



I $4,273 641.

I



1



Net losses paid



Losses Incurred I

Less losses on risks reinsured!
in companies authorized ln|
Wisconsin '



133 971.

-I-
$4,139 67|.

$4,683 64'.

I



$7,992 97

$4,273 64

1.33 97



.1 $4.135 67

~.r "$4,683 64

I



139 97'



I



Net losses Incurred



$4,543 671.

I



1.10 Q7
$4,543 07



Digitized by



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554



LIVERPOOL AND LONDON AND GLOBE INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

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



Total

Add unearned premiums Dec. 31« 1912



Total

Deduct unearned premiums Dec. 31
1913



Premiums earned during; 19ld



UNDERWRITING PROFIT AND
LOSS ITEMS.

Agents* balances and bills

receivable not admitted

Dec. 31. 1912 $13,413 84

Agents' balances and bills

receivable not admitted

Dec. 31. 1913 1.624 15



Gain from above



.1.



1295,674 35
30,005 02



$325,679 37
236,215 35



$561,894 72
282,306 84



Underwriting income earned during*
1913 !.



I
$279,687 881.



11,789 69



-1
I
.1 $291,477 57



LOSSES.

Losses paid .,. I

Deduct unpaid losses Dec. 31, 1912.. I



$110,103 38'.
21.729 00'.



Balance I $88,374 381 |.

Add unpaid losses Dec. 31. 1913 ....( 27,013001 |.

! 1 I

Losses incurred during 1913 1 ! $115,387 381.



UNDERWRITING EXPENSES.



Underwriting expense? paid durlugl

1913 1

Deduct underwriting expenses unpaid'

Dec. 31. 1912 1

!_

Balance I"

Add underwriting expenses unpaid'

Doc. 31, 1913

I-
Underwrltlng expenses incurred dur-I
Ing 1913 •. I.



Underwriting losses and expenses ...f.

I
Gain from underwriting during 19131.



$78,180 12'
22,202 581



$55,977 54
23.413 501



I
I
79,391 (Ml.

1



194.778 42
$96,690 15



Digitized by



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LIVERPOOL AND LONDON AND GLOBC INS. CO. 555



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.

Interest and Rents.

Interest, dividends and rents received

duringr the year

Deduct Interest, dividends and rents


$34,953 54
4,665 00



















$d0.388 54
4.767 50




Add interest, dividends and rents ac-








$85,156 04




Total







1

PROFIT ON INVESTMENTS. 1

flfifn #i>rkm an1<v g\f 1»«1f^ni* naoAfa 1 MtA.O AH




Gain from Increase In book value of


87 13






f rrtflf nn InvPfifmAntft Hnrlnor 101^








_ . .


229 58








Investment Income earned during 1013

LOSS ON INVESTMENTS.
Loss from decrease in book value of






$35,885 57




$860 17
26,211 96






Loss from cbansre In dlBference be-
tween book and market value dur-

Ino- Iftl^














$27,072 13
962 65





INVESTMENT EXPENSES.
Investment expenses paid during 1913










Investment losses and expenses dur-
inir 191.^




28,034 78








1


$7,800 79




.


1= :~7 —



MISCELLANEOUS EXHIBIT. |

I
I
Dividends declared to stockholders!
during 1913 |.



Gain in
Surplus.



.f.



Total gains and losses in surplus! I

during 1913 1 ^ $104,049 94

Surplus Dec. 31. 1912 1 $459,027 381

Surplus Dec. 31. 1913 1 548,077 32j

! 1

Increase In surplus during 1913 ' I



Loss in
Surplus.

$15,000 00



$16,000 00



89,049 04



Totals



I 1

.1 $104,049 94) $104,049 94



I



Per cent of losses Incurred to premiums earned 41.2.
Per cent of underwriting expenses incurred to premiums earned 28.3.
Per cent of investment expenses to interest and rents earned 27.4.
Per cent of total losses and expenses i^c^rr^d and ^ividepds d^^re4 to
total income earned (K,4t



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556 LUMBER INS. CO. OF NEW YORK.



LUMBER INSXTBANCE COMPANY OF NEW YORK,

New York City.

Home Omco, 84 WILLIAM STREET.

t Incorporated June 1, 1004; fommenced business June 15, 1904; admitted

December, 1906.]

President, G. .\. MITCHELL. Vice President, W. H. GUATWICK.

Secretary. R. H. McKELVKY.

CAPITAL STOCK.
Amount of capital paid up In cash $400,000 00



Amount of ledicer assets, December 31 of previous year $899,976 10



INCOME.

Fire

Gross premiums $8«»,630 61

Deduct reinsurance premiums, lire, $405,111.82 ;

return premiums, Are, $241,1S7.12 736.298 94

Totnl premiums (other than perpetual) $L'>3 33i 67

Gross Interest on bondR and dlvideitds on stocks $20,332 22
Gross interest on deposits in trust (rompanies and

banks 1,713 89

28,040 11

h rom agents l>alancep previously charged off 916 70

Gross in'^rease, by adiustment. In book value of ledger assets:
Bords 294 5S

Total Income $182,589 06

Total footings $1,082,565 16



DISBl RSEMENTS.

Fire

Gross amount ?iald policyholders f < r losses (in-

cludlnir$40.2ol.72 occurring in previous years) $504,436 11

Dedu^'t amount received for snlvngr, Are, $1.-
3,'^0 06: -einsuranc", lire, ?198.014.39; dis-
count, fire, S232.50 199,603 91

Net amount paid policyholders for losses $304.8:12 «0

Expenses of adjustment and settlement of losses 6,."iS2 *»S

C-^mmlssIons or brokerace .39 577 04

Salaries, fees, and aM other charges of ofllcers, directors. tVuV

tees and home oltlf-o employes jo {>«>q o.^

Rents '. ..,...'.'.'.'.'.'. T* *»4fi 1 5

At^ve^rtlslnir. $27.72 : printing and stationery. $35.00 "02 72



Legal exoens



4.7!>1 4.-



T^nder^\'^ltfM•s• boa'-d>j .*!Pd tnrlff a.^^^oelatlons .[ , 3 9^9 2«

Fire department. Are patrol and salvage corps assessments, feesl

taxes and expenses ^-j ^^

State taxes on nremlnms 6. .l.***? >*-

Insurance department licenses and fees 4!6^n •>7

All other Ifconfes, fees and taxes; Federal corporation tax i;9 43



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Lumber ins. cO. of Mew Yoft^. 55*?



Other disbursements :

Auditing $1 ,030 00

Rent of safe deposit box 46 00

Fidelity bonds 186 00

Oommission on bond sale 137 50

Exchange and collection charges 49 53



1.448 03



Agents' balances charged off 184 37

Gross loss on sale or maturity of ledger assets: Bonds 12,748 66

Gross decrease, by adjustment, in book value of ledger assets :
Bonds



Total disbursements
Balance . . . .



294


17


$399,861


63


. $682,703


58





LEDGER ASSETS.

Book value of bonds $518,852 48

Deposits in tru^t companies and banks not on

Int.M-est 42,585 06

Agents* balances representing business written

subsequent to October 1, 1913 121,229 88

Other ledger assets : Redmond A Company 36 11



Total ledger assets $682,703 53

NON-LEDGER ASSETS.
Interest accrued on bonds 5,647 48



Gross assets $688, 351 01

DEDT CT ASSETS NOT ADMITTED.

Book value of ledger assets over market value : Bonds 65,382 48

Total admitted assets $622,968 53



LIABILITIES.

Gross losses adjusted and not yet due $27,167 82

Gross claims for losses in process of adjustment
or in suspense, plus $210.94 : reserve for
losses Incurred prior to December 31 of which

notice had been received on that date 61,254 53

Gross claims for losses resisted 9,000 00



Total $97,422 35

Deduct reinsurance due or icciuod 19,077 74



Net amount of unpaid losses and claims , . $78,344 61

Gross premiums (less reinsurance) received and

receivable upon all unexpired Are risks,

$90,090.04 ; unearned premiums 45.164 18

Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 4.000 00



Total amount of all liabilities except capital $127,508 79

Capitol actually paid up in cash $400,000 00

Bui plus over all liabilities 95,459 74



Surplus as regards policyholders 495,459 74

Total liabilities , $622,968 53

Digitized by LjOOQK



m



LtJiibteR iKs. CO. olp NEW irokk.



RISKS AND PREMIUMS.

Groci
premlunui
Fife rlska. thereon.

In force on the 31pt day of December. 1912 $48,187,094 $617,476 64

Written or renewed dnrinp the year 71,361,296 889,630 61

Excess of original premiums over amount re-
ceived for reinsurance 12,251 16

Total $119,548,390 $1,519,358 41

Deduct those expired and marked off as termi-
nated 05,253.177 829,110 33

In force at tho end of the year $54,295,213 $690,246 08

Deduct amount reinsured 47,631,404 600,158 04

Not amount In force $0,663,809 $90,090 04



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year

written.


1
Term. j Amotmt


Gross
premiums
charsed,
less re-
Insurance.


h

fa'

1-2
5-6
9-10


Amount of
premium
unearned.


1013

1013

1013


One year or less . . .

Three years

Five years


$6,634,800

26.000

3,000


$80,746 06

276 48

67 50


$44,873 03

230 40

60 75


Totals




$6,663,800


$90,090 04




$45,164 18



BUSINESS IN THE STAVE OP WISCONSIN DURING THE YEAR.

Fire.

Gross risks written • • • ; ; $867,738 00

Less $176,470 risks cancelled, and $251,420 reinsurance in com-
panics authorized in Wisconsin 4^7, aw w

Net risks written • • $439,848 00

Gross premiums on risks written '''- ; / V $3 1 . 126 20

Less $2,094 77 return premiums, and $2^02.11 premiums for

reinsurance In companies authorized In Wisconsin 4.696 88

Net premiums received $6.529 82

Losset* paid (deducting salvage) lu:.'," a' I'ij^i^ $6,501 79

Less losses on risks reinsured in companies authorized In Wis-

consln ^'^^^ ^^

Net losses paid $5,168 5 7

l22rU)S^?^n* rtsiks reinsured' \n companVei " iuthirl'zed' iii Wl's^

consln ^^ ^

Net losses Incurred • $4,518 67



Digitized by



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LtllBEB itTS. CO. OP ifEW YORK.



$Sd



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.

Premiums.

Totfll nrcmiiiinfi


$153,831 67
267,591 78






Add unearned premiums Dec. 31 of
Drevlous vear












Total


$420,923 45
45.164 18




Deduct unearned premiums Dec. 31,
end of the vear








$375,759 27




Preminma earned durinir the vear . . .






UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agents* balances previously
charged off


1916 70
184 37




Loss from agents' balances charged
off












Gain from above


$732 33
4.514 40




Agents' balances and bills receiv-
able not admitted Dec. 31. 1912 . . .








5,246 73




Gain from underwriting profit and
loss items ^ . . . .













Underwriting Income earned during
the year




$381.006 00


LOSSES.
Losses paid


$304,832 20
40.921 55




Deduct unpaid losses Dec. 31 of pre-
vious year












Balance


$263,910 65
78,344 61




Add unpaid losses Dec. 31, end of the
year










$342,255 26




Losses incurred during the year ....






UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year


$80,883 57
7.595 86




Deduct underwriting expenses unpaid
Dec. 31 of previous year












Balance


$73,287 71
4,000 00




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








77,287 71




Underwriting expenses incurred dur-
ing the year







Underwriting losses and expenses ..|






419.542 97







Loss from underwriting during the]
year 1


$38,586 97




1 H—



Digitized by



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560



LtTMBER INS. CO. OP NEW YORK.



UNDERWRITING AND INVESTMENT EXHIBIT-Contlnued.



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 tbej
year

Balance ,• I

Add interest, dividends and rents due|
and accrued Dec. 31. end of the|
year !



Total



PROFIT ON INVESTMENTS.

Gain from increase in boolc value ofj
ledger assets I

Gain from change in difference be-|
tweeu book and market value dur-|
Ing the year I

Profit on investments during the yearj

Investment income earned during thej



year



LOSS ON INVESTMENTS.

Loss from sale of ledger assets ....
Loss from decrease in book value of|
ledger assets

Loss on Investments



INVESTMENT EXPENSES.
InveslTiient expenses paid during thel



year



Investment losses and expenses dur-j
ing the year

Gain frum investments during the]
year



MISCELLANEOUS EXHIBIT.



Total gains and losses In surplus

during the year

Surplus Dec. 31, 1912

Surplus Dec. 31, 1913



Decrease in surplus during the year! j



Totals




938,686 87



Per cent of losses incurred to premiums earned 90.
Per cent of underwriting expenses Incurred to premiums earned 21.
Per cent of Investment expenses Incurred to interest and rente earned 3.40,
total income earned 94.



Digitized by



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LUkBERMENS INS. CO. 561



LUMBEKMENS mSUBANCE COMPANY,

New York City.

Home Office, 427 WALNUT STREET.

Clncorporatod June 2, 187.1; commenced buBiness Dec. 11, 187.1; admitted 1899.]

Pre«l<lenc LEWIS DAVIS. Vice President, OLIVER II. HILU

Secretary, OLIVER H. IIILK

CAPITAL STOCK.

Amount of capital paid up in caRh $2.'>0.000 00

Amount of ledger assets, December 31 of prcvloifs year $1,813,448 44

INCOME.

\

Gross premium? |374,970 48

Deduct ri^insurnnrp oremiums. flrp, $«8,0C3.13;

return premiums*, fire, $63.314.31 131,377 44

Total premiums (other than pprpetunl) $243,602 04

Deposit premiums written on perpetual premiums 1,410 72

Uross interest on mortga^o loans $7,031 36

Gross Interest on collateral loans 250 00

Gross intt'resi on bond" and dividends on stocks,
less $846.17 accrued interest on bonds ac-
quired during the year 72,780 58

Gross interest on deposits in trust companies

and bank; 806 50

Gross rents from company's property, including
$1,200 for coDipanv's occupancy of its own
buildings 4.267 00



Total gross interest and rents 85,1.35 44

From other sources 91 00

Gross profit on sale or maturity of ledger assets : Bonds 272 90



Total income $.330,512 10

Total footings $2, 143.900 54

DISBURSEMENTS.

Gross amount paid policyholders for losses (in-

cludinK $12,193.38 occurrirg In previous years) $143,423 23

Deduct amount received for salvage, fire. $337.00
rclnsumnce, fire, $35,396.41 : discount. Are,
$303 52 36,037 83

N^t amount paid policyholders for losses $107,385 40

Kxpenr^es of adjustment and settlement of losses '575 1^

CommlMlons or brokerage 60, 563 66

Salarks. S8.167.2L and expenses. $2,552.(»6, of special and gen-
eral agents 10.719 27



36— Ins.— I

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^6^



LUMBERMENS iKS. CO.



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

and home office employes 20, 140 00

Rents, for company's occupancy of its own bulldln^^ 1,200 00

Advertising, $352.U1 ; printing and stationery, $2,298.13 2,660 14

Postage, telegrams, telephone and express 1,890 22

Legal expenses 182 37

Maps, including corrections 757 49

Underwriters' boards and tariff associations 2,444 95

File department, lire patrol and salvage corps assessments, fees,

taxes and expenses 2, 701 45

Inspections and surveys 199 27

Repairs and expenses (other than taxes) on real estate 1,496 70

Taxes on real estate 1, 511 83

State taxes on premiums 4, 504 18

Insurance department licenses and fees 1,429 00

All other licenses, fees and taxes :

Federal corporation tax $71 3 60

Fire marshal 404 65

Capital 2,543 57

City taxes and municipal licenses 2,548 57

4,365 53

Other disbursements : Miscellaneous 1,340 58

Deposit premiums returned 7,049 53

Paid Jtockholders for interest or dividends (amount declared dur-
ing the year) 45,000 00

Gross loss on sale or maturity of ledger assets : Real estate. . . . 1,000 00



Total disbursements $279, 106 75

Balance $1,664,853 79



LEDGER ASSETS.

Book value of real estate $71 ,994 96

Mortgage loans on real estate, first liens 126,250 00

Loans secured by pledge of bonds, stocks or other

collateral 5, 000 00

Book value of bonds, $1,546,331.90, and stocks,

$53,844.55 1,699,176 45

Cash in company's office $431 24

Deposits in trust companies and

f>anks on interest 29,986 54

30,417 78

Agents* balances representing business written

subsequent to October 1, 1913 32,014 60



Total ledger assets : $1,864,853 79



NON-LEDGER ASSETS.

Interest accrued on mortgages $1 ,745 81

Interest accrued on bonds 22,677 72

Interest accrued on collateral loans 63 89

Total 24.487 42

Gross assets $1,889,341 21

DEDUCTT ASSETS NOT ADMITTED.

Book value of ledger assets over market value:

Stocks and bonds $29,216 46

Real estate 7.074 96

36,290 41

Total admitted assets 1.863.060 80



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LukBBRMENS iks. CO. 563



LIABILITIES.

dh)ds loAfiefi adjusted and unpaid (due, $3,807.39 ;

not yet due, $175.98) $4,073 37

Gross claims for losses in process of adjustment

or in suspense 19 , 791 20

Gross claims for losses resisted 600 00

Total $24,364 57

Deduct reinsurance due or accrued 4,511 65



Net amount of unpaid losses and claims $10,852 92

Gross premiums (loss reinsurance) received and

receivable upon ail imcxpired Are risks,

$51,655.16 : unearned premiums 276,861 01

Amount reclaimable by the insured on perpetual fire insurance

policies, being 90 per cent of the premium or deposit received 176,658 75
Estimated amount hereafter payable for federal, state and other

taxes based upon business of the year of this statement 4.500 00

Commissions, contingent or othi*r charges due or accrued 2,099 69

Reinsurance and return premiums due other companies 252 84

Total amount of all liabilities except capital $480,225 21

Capital actually p.<iid up in cash $250,000 00

Surplus over ail llabilitieR 1,122,825 59

Surplus as regards policyholders 1 , 372 , 825 59

Total liabilities $1,853,050 80



RISKS AND PREMIUMS.

Gross
premiums
Fire risks. thereon.

In force on the 81st day of December, 1912.... $59,110,291 $628,235 75
Writton or renewed during the year 36.239,389 374,979 48

Total $95,349,680 $1,003,215 23

Deduct those expired and marked off as termi-
nated 34,064,584 353,378 17

In force at the i^nd of the year $61,285,096 $649,837 06

Deduct amount reinsured 10,570,297 131,181 dO

Net amount in force $50 ,714.799 $5 18,65 5 16

Perpetual risks not included above, $7,.'»61,487.00. Deposit premiums on same.
$196,287.49.



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564



LUMBERMENS INS. CO.



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year
written.



1913
1012
1913
1911.
1012
1913
1910
1011
1012
1013
1009.
1010.
1011.
1012.
1013.



Term .



One year or less

Two years

Two yearg

Three years ....

Three years

Three years

Four years

Four years

Four years

^our years

"Five years

Five years

Five years

BMve years

Five years

Over live years .



Amount



Online LibraryWisconsin. Dept. of InsuranceReport → online text (page 58 of 94)