Report online

ToUl.



Gross r!Kkg written | ft, 421, 635 00| |2,750 OO] $4,800 00 $1,429,185 00

Less $441,060 risks cancelled,! | |

and $68,092 reinsurance com -I I I

paules antborlze<i in Wlscon-| | |

sin I riOS.058 OOi 1,000 00| 1,000 001 510,(K>8 00



Net risks written | $1)13,577 00| $1,750 00



Gross premiums on risks writ
ten

Less $3,506.01 return premiums
and $610.36 premiums for re
insurance in companies au
thorized in Wisconsin






$3,800 00



Net premiums received..

Losses paid (deducting salvage)

Less losses on risks reinsured

In companies antborized in

Wisconsin






$18,12195 $58 25



4,085 16



$14,036 79



27 21



$31 (M



$19 20



4 00



$15 20



$2,650 071

I
I
669 171 .






.1.



$919,127 00



$18,199 40



4,116 37



$14,088 08



Net losses paid.



Losses incurred I

Less losess on risks reinsuredl
In companies authorized ln|
Wisconsin |



$1,981601



$3,110 671 .



Net losses incurred



669 171.



$2,(^0 07



689 17



$2,441



501.



$1.981 50
"{^11067

660 17



$2,441 SO



Digitized by



GoogI(



NEW JERSEY FIRE INS. CO.



641



UNDEKWUITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT,
rreuiiuuis.



Total prctuiums ; ?G81,S00 52|

Add u Ilea rued premUiiiis Dec. yi ofj |

previous year I 447.0'iO 171



1-



Total I $1,128,880 091.

Deduct unearued preuiiuuiH Dec. 31, { i

eud of the year i 621,727 00| .

Prcuilunis earued during the year...| |

Agents' bulauces and bills | |

receivable not aduiitte«i |

Dec. 31, 11)12 ^;a,22G 1G| |.

Agents' balances and bills | |

receivable not admitted 1 |

Dec. 31, eud of the year.. 8,309 G3| |.

. 1 I

Loss from above



.1-



$507,100 Gi)|.

I



I

Loss from underwriting profit and]
loss items j .

I
Underwriting Income earned during]
the year |.



5,173 471



5.173 47



^1



$501,080 22



LOSSES.



I



Losses paid 1

De<luct unpaid losses December 31 ofj

previous year I

I-

Balance I

Add unpaid losses December 31, endj
of the year

Losses Incurred during the year l.



$304,720 54




70,313 21


j






$324,417 33
87,523 00







$411,040 331



UNDERWRITING EXPENSES. |

I
Underwriting expenses paid durlngi

the year ;

Deduct invested assets I

Balance !

Deduct underwriting expenses unpaid;
Deceml)er 31 of previous year I

Balance I

Add underwriting expenses uupald|
December 31, end of the year i

Underwriting expenses incurred dur-|
Ing the year i.



$337,200 28
2,170 30

!i.3.';5,()83 m,.

18.048 20 ,

1

.r317.0;i5 72'.
I
17,552 321 .



Underwriting losses and expenses i.

Loss from underwriting during thc(
year I .



.•VJ4;588 04|.
1



740,528 37



$244,542 16



41-~Ins.— I



Digitized by



GoogI(



642



NEWARK FIRE INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT-Oontlnued.



INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
during tlie year

Deduct interest, dividends and rents
due and accrued December 31, end
of tlie year



Balance



$76,335 43
18,757 75



Add interest, dividends and rentK duel
and accrued December 31, end of tlie
year

Investment income earned during the
year



.1 $57,677 08



21, 7W 481.



I



LOSS ON INVESTMENTS. I

Loss from change in difference be-|
tween book and marliet value dur-|
ing the year I .



INVESTMENT EXPENSES.



Investment expenses paid during the|

year |

% of 1 per cent invested assets I



$2,095 651.
2,176 301.



Balance



Investment losses and expenses dur-|
ing the year |



Gain from investments during the|
year I .



MISCELLANEOUS EXHIBIT.
Surplus paid in



$23,411 50



4,271 «5



.1,



Gain in
Surplus.



Total gains and losses in surplus)

during the year I .

Surplus Dec. 31, lftl2 |

Surplus Dec. 31, 1913 1

I-
Decrease in surplus during the year. I.

Totals



$79,342 16



27,683 45



$S1.658 71



Losa in
Surplus.
$76,530 00



$453,809 78j.
337,456 341.



$128,188 711 $244,542.15



116.358 441.
-I-



I



.1 $244,542 161 $244,542 15



I



I



Per cent of losses incurred to premiums earned, 81.22.
Per cent of losses Incurred to premiums earned, 65.97.

Per cent of investment expenses incurred to interest and rents earned, 5.88.
Per cent of total losses and expenses incurred and dividends declared to total
income earned, 133.17.



Digitized by



GoogI(



NEWARK FIRE INS. CO. 643



NEWARK FIBE INSURANCE 001IPAN7,

Newark, N. J.

Home Office 41 CLINTON ST.

[Incorporated November 4, 1811; coiuinenced business May 14, 1810.)

President, E. J. HAYNKS. Vice Prefiidnit, r^EOKUE F. KEEVK.

Secretary, X. h. FARQDHAK,

CAPITAL STOCK

Amount ol capital pnld up in cash $500,000 00

Amount oi ledger assets December '^1 of previous year $1,897,635 70

INCOME.

Fire

Gr6ss prumiums $1,374,294 11

Deduct reingurancp premiums, lire, $207,:il5.:i9 ; return premi-
ums. Are. $228.485.79 435,701 18

♦

Total premiums (other than perpi^tual) $938,592 93

Gross interest on mortgage loans $25,588 13

Gross Interest on bonds and dividends on stocks
Jess $466.47 accrued Interest on bonds ac-
quired during? the year 48,814 89

Gross Interest on deposits In trust companies

and banlcs 1 , 190 03

Gross interest from all other sources : Phlla-

delplila Are underwriters association 3 15

Gross rents from company's property 4,500 00

Total gross Interest and rents 79,596 20

From other sources : Fe<lcral Income tax refunded • 18 89

Total Income $1,018,208 02

Total footings $2,915,843 72

DISBURSEMENTS.

Fire
Gross amount paid policyholders for losses (Including $75,678.03

occurring in previous years) $498,280 82

Deduct amount received for salvage. Are. $2,142.89 ;relnsurance.

Are $86,351.24 : discount. Are $233.09 88,727 22

Net amount paid policyholders for losses $400,553 60

Expenses of adjustment and settlement of losses 7,44-1 04

Commissions or brokerage 200,107 03

Salaries, $85,918.41, and expenses, $22,182.33, of special and

genera] agents 58,095 64

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

and borne office employes » 54,247 85



Digitized by



GoogI(



644 NEWARK FIRE INS. CO.

Rents, including f4,5O0.00 for company's occupancy of Its own

buildingB 5,666 37

Advertlsingr, $4,821..14; prlntlnsr and stationery. |10,489.99 15.311 33

Postage, telegrams, telephone and express 6.902 6S

Legal expenses 483 63

B^irnlture and fixtures 2,819 62

Maps, Including corrections 6,118 73

Underwriters' boards iind tariff as!K>eiatl^ns 10.059 Jis

Plre dopartment. fln? patrol and salvage corps assessments, fees,

taxes and expenses 4. ir»2 34

Inspections and suiTeys 3.966 ^ *

Repairs and expenses (other than titxes) on real estate 3.JI78 29

Taxes on real estate 2,779 72

State taxes on premiums 17.961 r»l

Insurance department licenses and fe**?* 7,822 17

All other licenses, fees and taxes: Taxes on personal pronerty 1,212 36
Other disbursements : T*^»wels. ice, drinking water, employes

bonds, moving expenses, etc 631 71

Paid stockholders for interest or dividends (amount declared

during the year. $«9,90.'S.no) 69,746 50

Agents' balance's charaed off 540 16

Gross loss on sale or maturity of ledger assets : Bonds 10 00

Total disbursements $889,012 60

Balance $2,026,231 12



T-EDOER ASSETS.

Rook value of real estate $145,523 24

Mortgage loans on real estate, first Hens 508,250 00

Book vahie of bonds, $730,818.65. and stocks,

$343,358.63 1,074,177 28

rash in oi>mpany's oflBce $548 75

Deposits In trust companies and

banks on interest 136,239 97



136,788 72
Asents' balances representing business written

subsequent to Octot:er 1. 1913 156,053 18

Agents* balances representing business written

nrior to October 1. 1913 5,338 70

Other ledger assets : Philadelphia fire under-

•xrlters association deposit 100 00



Total ledger assets $2 ,026. 231 12



NOX-LEDGER ASSETS.

Interest du««, $228.00 and accrued, $0,752.05 on

mortgai^es $6,980 65

Interest accrued on bcmds 9,673 34

Tolal 16.653 99

Market value of real estate over book value 4,476 76

Due from other companies on losses already paid 8,857 47

Total non-ledger assets $2,056,219 34



nEi>T:*7r assets not ADMrrrEi).

Agents* balances representing business written

prior to October 1, 1913 $5,838 70

Book value of ledger assets over market value.. 40,987 87

46,326 Sr



Total admitted assets $2,000,892 77



Digitized by



GoogI(



kEWAtlK PIRE INS. CO. 645



LIABILITIES.

Gross losses adjusted aud not yet due $53,241 00

Gross claims for loswjes in prooofis of adjustment
or in suspense, plus $0,^79.00; reserve for
losses incurred prior to Doceml)er .'il of which

no notic«» had been received on that dale. . . 75,247 16

Gross claims for losses ref^isted 15,272 00



Total , 1143,760 16

Deduct reinsurance due or accrued 27,260 00



Net amount of unpaid looses and claims $116,401 16

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks, $1,379,211.54 unearned premiums. . . . 767,389 87

Dividends declared and unpaid to stockholders 8,444 25

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 2,033 03
Kstimated amouut hereafter payable for federal, state and other

taxes Imsed upon buMlness of the 3'ear of this statement 17.500 00

Total amount of all lia1)ilitiee except capital $901,8.^9 21

Capital actually paid up in cash $500,000 00

Surplus over all liabilities 608,033 56

Surplus as regards policyholders * 1 ,108,033 56



Total liabilities $2^000,892 77



ntSKS AND PREMIUMS.

Gross
premiums
Fire risks. thereon.

In force on the 31st day of December. 1912 121,935,884 1,219,553 20

Written or renewed during the year 126,376 804 1,374,294 11

Total $248,312,688 $2,593,847 31

Deduct those expired and marked off as termi-
nated 89,162,433 967.975 14

In force at the end of the year $159,150,255 $1,625,872 17

Deiluct amount reinsured 21,135,425 246,600 63

Net amount in force. .' $1.38,014.830 $1,370,211 54



Digitized by



GoogI(



U6



i^EWARK FIRE INS. C6.



RECAPITULATION OF FIRE RISKS AND PR^MIUM^.



Vear
written.



1913.
1912.
1913.
1911.
1912.
1013.
1910.
1911.
1012.
1913.
1909.
1910.
1911.
1912.
1913 .



Term.



I



One year or less

Two years

Two years

Three years

Three years

Three years

Pour years

Pour years

Pour years

Pour years

Five years

Five years ,

Five years

Five years

Five years



Amount
covered .



$->5,299.245

261.527

270,487

16.149,433

20,891,193

20,138.377

41.236

100,314

197,465

127.782

1.261,731

1.524,787

2.790.300

4.058.493

5,902,460



GlOM


a ^


prfmiums


§P.


chared,


B^s


l^ss re-




insurance.


£§



Totals I $138,014,8301 $1,379,211 64



$625. SS'* 88
3,105 13
.617 79
,717 38
,374 46
,042 91
404 20
,485 90
,278 01
.490 92
.970 55
,196 33
1.064 40
,035 96
,501 65



2.1
125,'
180,
247,

1,

2,;

1.
16.1
19,
36.4
45, <
71,



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

0-10



Amount of
premium
unearned.



$312,917 94

796 78

1,963 32

20,062 89

90,187 22

206,860 05

50 53

667 26

1,423 75

1,304 62

1,697 06

5,758 89

18,032 20

31,526 13

64,361 36



$757,389 87



BUSINE.SS IN THE STATE OF WISCONSIN DURING THE YEAR.





Fire.


Tornado. | ToUL


Gross risks written


$2,296,957
-^ 469,396


$55,100
22,500


$2,352,007
491,886


Less $487,646 risks cancelled, and
$4,250 reinsurance in companies au-
thorized In Wisconsin




Net risks written


$1,827,6611 £32.600


$1,800,161






^ '




Gross premiums on risks written ...

Less $3, 676.78 return premiums; and
$51.19 premiums for reinsurance In
companies authorlssed In Wisconsin


$28,022 66
3,168 47


$891 80
459 60


$28,914 46
3.627 97


Net losses resolved


$24,854 19


S4.^ .^


$26,286 49


Losses nald (dednctlnsr salvage) ....






S6.S20 HR





$6,820 55


Less losses on risks reinsured In com-

unnles authorized In Wisconsin ... I 7 38


'


7 88


Net losses nald








\ $6,813 17




$6,818 17






1 tR.KiA 75




$8,813 17


Less losses on risks reinsured In com-|

nflnlAR iinthortzpd in l^lsconsln 1 ^ A2




6 62


Npt loflfiefi Incurred








$8,840 37

1




$8,840 37









Digitized by



GoogI(



NEWARK FIRE INS. CO.



647



UNDERWRITING AND INVESTMENT EXHIBIT.



INDERWRITING EXHIBIT.
Premiums.



Total premiums

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

Total I

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



$900,253 80
10,914 86



$971,168 66



I



I



21,600 ST



Balance

Add unearned premiums Dec. 31 of
previous year



1949,507 1i)\.

I



575,209 80.



Total j $1,524,767 59|.

Deduct unearned premiums Dec. 31, | j

end of tue year | l'u,:Mi ST' .

Premiums earned during the year . . . |



UNDERWRITING PROFIT AND
LOSS ITEMS.

Loss from agents' balances charged

oflr

Agents' balances and bills

receivable not admitted

Dec. 31, 1912 $3,817 91

Agents' balances and bills

receivable not admitted

Dec. 31, end of the year 5.338 70|



$540 16



• !•



$767,377 72



Loss from above



• i-



1,520 79



Loss from underwriting profit and|
loss Items j.



Underwriting income enrned dnringi
the year



LOSSES.



Losses paid

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



Balance

Add salvage and reinsurance recov
erable Dec. 31, end of the year ...



$409,558 60
8.857 47



I



2,060 95



Total ...; I

Deduct unpaid losses Dec. 31 of pre- 1
vlous year I



Balance

Add unpaid losses Dec. 31, end of the
year



$100,696 13

7.573 721.

$406,269 851.
I
78.910 861.



$765,316 77



Losses incurred during the year



$329,358 99|.
I
116,491 16'.



$445,850 151.



UNDERWRITING EXPENSES. I 1

Underwriting expenses p.i*! during |

the year $399,664 841.

Deduct underwriting expenses unpaid I

Dec. 31 of previous year 16, 521 00' .



Balance



$383,143 75|.



Digitized by



Google



648 ifeWARK PIRE INS. CO.

UNDERWRITING AND INVESTMENT EXHIBIT-ConUnued.



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

I'nderwritlng expenses incurred dur-]
ing the year |.



19,533 93



Underwriting losses and expenses ..|.

Loss from underwriting during the
year



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



Balance

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



Total



LOSS ON INVESTMENTS.

Ix>fls from sale of ledger assets . . . .

LosM from change in difference be-
tween book and market value dur
Ing the year



402,677 68



$79,596 20
17,196 18



$62,400 02
16.653 99



848,527 S3



98S.ni 08



$10 00 ,

I

36,605 50'.



Loss on investments during tlie year'



INVESTMENT EXPENSES.

Investment expenses paid during the
year



Investment losses and expenses dur-
ing the -year



$36,675 50



10,078 61



$79,054 01



Gain from Investments during the|
year I-






MIS(^ELLANKOrs KXHIIUT.



Dividends declared
during the year ..



I
to stockholders!



Onin in
Surplus.




I Loss in
' Surplus.

$60,905 00



Total gains and losses In surplus|

during the year ' .

Surplus Dec. 31. 1912 1

Surplus De<x 31. 1913 1

Decrease in surplus during the year.'.



$728,849 811
608.033 66



Totals



.!.



1-

1

$3S,299 811


$153,116 oe


:::::::;:::;::i;;::::::;;;:;:


130.816 251


I


1 $153,116 061

1


$153,116 M



Per ron*^ of losses incurred to premiumJ^ earned 58.1.
Per cei»t of underwriting expenses incurretV to premiums earned 52.5.
Per cent of Investment expensed incurred to Interest and rents earned 12.7.
Per cent of total losses and expenses incurred and dividends declared to
total lnc< mc earned OS.l.



Digitized by



GoogI(



NKW BRUNSWICK FIRB INS. CO. 649



NEW BRUNSWICK FIRE INSITBANCE COMPANY,

New Brunswick, N. J.

Home Office 40 TATBUSON STREET.

[Incorporated December 27, 1826; commenced business May 1, 1832.]

President, GEORGE \. VIEUMANN. Vice President. D. L. MORRISON.

Secretary. ClIAS. J). ROSS.

CAl'ITAL ST«)CK

Amount of capital paid up In casli $ao0.000 00

Amount of h^gw assets December Hi of previous year $841,164 64

INCOME.

• Fire

Gross premiums *. $801 , 125 15

Deduct reinsurance premiums, tire, $119,447.20; return premi-
ums, flre, $225,707.71 34r>.154 07



« •

Total premiums (other than perpetual) $545,970 18

Gross interest on mortgase loans, less $631.20
accrued interest on mortgnges acquired during
the year $12,198 96

Gross Interest on collateral loans 256 66

Gross Interest on bonds and dividends on stocks,
le8.« $700.12 accrued Interest on bonds ac-
quired dtirinc the year 19,294 36

Gross interest on diT^osits in trust companies

.and banlcs 1,014 00

Gross rents from company's property, includ-
ing $2,500.00 for company's occupancy of its
own buildings 12,310 00

Total gro«R intercut and rents 45,074 04

From other sources :

For new copltal and surplus (examined and

approved) $1 10 , 9.50 00

Account increase of capital and surplus 48,3.^0 01



159.. -JOO 01
Gross profit on sale or maturity of ledgor assets: Bonds 350 00



Total in( ome $750. 694 23



T(rtal footings $1 , 591 , 858 87



DISBIRSEMENTS.



Fire



Gross amount paid policyholders for losses includ-
ing $37,622.45 occurring in previous years.... $340,016 75

Deduct amount received for salvae, flre, $3,945.05 ;
reinsurance, flre, $62,303.28 ; discount, flre.
$243.70 00. 492 «;3

Net amount paid polIeyhoUlf^rs for losses $274,124 V*

Expenses of adJUHtment and settlement <*f lo^se8 6.797 06

romm!.*J8ions or l)rokeracT 130,306 10

Salaries. $24.403 81, and expenses, $20,044.64. of special and

genera) agents 44,448 45

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

^fid home ofllce employes .....,, 2" , Ofji



Digitized by



56 98

Googh



650 NEW BRUNSWICK FIRE INS. CO.

Rents 2,600 00

Advertising, $1,272 61; prinrtng and staUonery, $4,648.16 6,920 77

Postage, telegrams, telephone and express 4,123 55

Legal expenses .' 5 27

Fnmiture and fixture? 72 28

Maps, Including corrections 1 ,418 85

Underwriters' boards and tarlft associations 3,103 09

Fire dt-partment Are patrol and salvage corps assessments, fees,

taxes and expenses 4, 789 86

Inspections and surveys 4 , 000 01

Repairs and expenses (other than taxes) on real estate 4,449 04

Taxes on real estate 1.S33 20

State taxes on premiums 7.052 49

Insurance department licenses and fees 5,274 79

Ail other licenses, fees and taxes :

Federal corporation tax $242 78

Tersonal tax -. 116 81

City licens-es 2,395 00

2,754 .W

Other disbursements: Misfolianeoiis expense, ice. water, etc... 149 12

Paid ctockhnldcrs for Intorost or dividends 31 ,917 30

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

Bonds 6.C93 75



Total disbursements $568,800 67



Balance $1.023.0.'S8 20



LK1>GKR .\SSETS.

Book value of real estate 55132.362 00

MoTtgnge loons on real estate, Mrst liens 241,596 00

Book value of bonds, $224.8S8.6.';, and stocks,

$26S,980.05 493,868 68

Cash in company's office $14,085 00

Deposits in trust coropanies and

banks on interest ,58.163 69



73.148 68
Airents' lalnnces represt-ntinir business written

subsequent to October 1, 191."'. 412 43

Agents' bal.*inc'*«« represonting business written

prior to October 1, 1913 81,570 41

Other ledeer assets : Depo.sit with Plilladelphia

undenv'riters 100 00



Total ledger assets $1,023.05'^ 2«»

NOXLKDGKR ASSirTS.

Intorost accrued on mortgages $l,0ft5 87

Intemst accrued on bonds 2. SI 5 10

Total 4.810 97

Market value of bonds and stocks over book value 19.792 32

Gross assets $1,047,661 40

DEDUCT ASSETS NOT ADMITTED.

AfiTonts' balnnco<« ropres^nting business written

prior ^^ October 1, 1913 $412 43

B^ok vabie of lodsrer n«5»ets over market value :

One mortgage not considered good 317 00

720 «



Tom admitted assets $1.046.9.<t2 O ft

Digitized by LjOOQIC



NEW BRUNSWICK FIRE INS, CO. 651



LIABILITIES.

Gross claims for losses in process of -adjustment

or in suspense $65, 515 00

Deduct reinsurance duo or accrued 11,798 82

Net amount of unpaid losses and claims $43,721 18

Gross premiums (less reinsurance) received and receivable upon

all unexpired fire risks. $888,184.91; unearned premiums 480,617 41

Dividends declared and unpaid to stockholders 42 97

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 250 00
£stimate<1 ajnount hereafter payable for fp^ral, state and other

taxes based upon bnsinefis of the year of this statement 2,250 00

All other liabilities:

On aci'ount of increase in capital 28,600 00

On account of increase in surplus 19,750 01

Total amount of all liahiHtics except capital $575,2.'n 57

Capital actitaUy paid up in cash $300,000 00 ,

Stirplita OT«: all UaWHtles 171,700 49

Surplus us regards policyholders 471,700 49

Total liabilities $1 ,046,932 06



UlSKS .\ND PUKMIUMS.

Gross

premiums

Fire risks. thereon.

In force on the 31st day of December, 1912 $73,778,282 $989,t*16 06

Written or renewed during the year 73,040,147 891,125 15

Exress of original promlums over amount n»-

celved tor reinsurance 2 , 1 57 13

Total $146,818,429 $1,832,298 34

Deduct those expiix»d and marked off at* termi-
nated 63,173,272 782.278 65

In force at the end of the year $83,645,157 $1,. 060. 019 6f»

Dedu< t amount reinsured 12,258,228 161 ,834 78

Net amount in force $71,386,929 $888,184 91



Digitized by



GoogI(



652



NEW BRUNSWICK FIRE INS. CO.



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
wrilteii .



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

Ftve years

Five years

Over five years
Advance



Amount
covered.



$28, 15*. 004

360.240

403.319

8,745.331

12.117.4501

15,«:U.545I

10,275

49.893

105.914

102.293

514.541

522.480

773.394

1,434.509

2,317.890

13,100

61,125



Totals



$71,380,929




Amount of
Dremium
unearned.



$175,883 96

788 24

3,711 29

18.991 53

72.030 S3

148,835 51

13 8S

280 9.1

723 51

1.058 47

841 02

2.438 33

0,402 06

15,995 57

31,477 40

133 41

950 44



^480,017 41



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



I


Fire

$1,286,649
332,820


Tornado



$6,000


Total


Gross risks written


$1.2d2,6l9
332 820


Less $248,003 risks cancelled, and
$84,817 reinsurance in companies au-
thorized in Wisconsin








Net risks written


$953,829


$6,000




$^9,829




Gross premiums on risks written

Less $2,583.68 return premiums; and
$1,262.85 premiums for reinsurance
In companies authorised in Wiscon-
sin


$16,085 99
3,846 03


$24 00


$16,109 99
3.S46 03








Net premiums received


$12,239 96


$24 00


$12,263 96


Losses paid (deducting salvage)

Less losses on risks reinsured In com-
panies authoriised In Wisconsin ...


$2,202 97
152 67




$2,202 97




152 07






Net losses on id


1 $2,050 30

$4,291 97

198 17





$2,050 30






Tjosses incurred


1


$4,291 97


liess losses on risks reinsured in com-
panies authorised In Wisconsin . . .




193 17






Net losses incurred ...^


$4,098 80




$4,008 80









Digitized by



GoogI(



iJEW BRUNSWICK FIRE INS. CO,



m



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 the year



$515,970 IS
435,071 22



1981.041 '40
480,617 41



UNDERWRITING PROFIT AND I
LOSS ITEMS. I

Agents' balances and bills

recelTable not admitted
Agents* balances and bills

Dec. 81, 1912 $195 20

Agents' balances and bills

receivable not admitted

Dec. 31, end of the year 412 43



Loss from above



Underwriting income earned during
the year



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31 of pre-
vious year



Balance