Report online

Add unpaid losses Dec. 31, end of the
year



Losses incurred during the year



UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year

Deduct underwriting expenses unpaid
Dec. 31 of previous year



Balance

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



Underwriting expenses incurred dur-
ing the year



$274,124 12
37,022 45f



$500,423 99



ai7 23



$236,501 67
43.721 18



$248,822 31
3.250 00



$245,572 31
2,000 00



Underwriting losses and expeufies .

I

Loss from underwriting during thel
year !



$280,222 85



248,072 31



$500,206 76



528,295 16



$28,088 4»



Digitized by



GoogI(



^



IgEW feftimswtOk FiRte 11^8. CO.



UNDERWRITING AND INVESTMENT EXHIBIT— Contintied,



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



$45,074 01
3,606 51



141.566 63
4,810 97



Total

PROFIT ON INVESTMENTS.



.|.



Gain from sale of ledger assets ...
Gain from other Investments: On
mortgage not considered good .

Profit on Investments during the yearf.

Investment income earned during the
year



$360 00
86 00



$t6,37« 50



LOSS ON INVESTMENTS.

Loss from decrease In book value of
ledger assets

Loss from change In difference be-
tween book and market value dur
ing the year



Loss on investments during the year

INVESTMENT EXPENSES.

Investment expenses paid during the
year



Investment losses and expenses dur-
ing the year



Gain from Investments during the
year



$6,093 76
6.262 67



436 00



$12,966 32



7.243 19



$46,881 60



20.190 61



iM.cu m



MISCELLANEOUS EXHIBIT. I



Dividends declared to stockholders
during the year

Gain from other sources: Increase in
capital durtng 1913



Net gain from above



Total gains and losses in surplus!

during the year '

Surplus Dec. 31. 1912

Surplus Dec, 31, 1913



Increase in surplus during the year,
Totals



$106,094 20
171.700 49



I



Gain in
Surplus.



$100,000 00



$6S.0» 70



Loss in
Surplus.

$31,917 SO



Per cent of losses incurred to premiums earned 66.9.
Per cent of underwriting expenses incurred to premiums earned 49.4.
Per cent of investment expenses incurred to interest and rents earned 1&J5.
Per cent of total losses and expenses incurred and dividends declared to
total income earned 108.6.



Digitized by



GoogI(



kuw HAMPSHIRE piitE ms. CO. 655



tifiW EtAMPSHIBE FIRE mSUBANCE CIOMPANY,.

Manchester, N. H.

Home OfBce, 876 ELM STREET.

ilncorporated July, 1869; commenced business, April, 1870; date of admlssloii,

Sept., 1887.]

President, FRANK W. SARGEANT. Vice President, WALTER M. PARKER.
Secretary, FRANK E. MARTIN.

CAPITAL STOCK.
Amount of capital paid up In cash $1,350,000 00



Amount of ledger assets, December 31 of previous year $5,450,192 93

INCOME.

Fire.

Gross premiums $3,451,241 44

Deduct reinsurance premiums. Are, $644,136.89; re-
turn premiums, fire, $385,013.10 1,029,149 90

Total premiums (other than perpetual") $2,422,091 45

Gross interest on mortgage loans $5,663 25

Gross Interest on collateral loans 229 15

Gross interest on bonds and dividends on stocks,
less $2,264.01 accrued Interest on bonds acquired

during the year 248,830 03

Gross rents from company's property, including $1.-
500.00 for company's occupancy of Its own build-
ings 12,182 37



Total gross Interest and rents 266,904 80

From agents' balances previously charged off 8175

Gross profit on sale or maturity of ledger assets:

Real estate T $200 00

Bonds 1 , 373 75

Stocks 17,332 92



18,906 67
Gross Increase, by adjustment, in book value of ledger assets:
Stocks 161 81



Total Income $2,708,146 48



Total footing.^ $8,158,339 41

DISBURSEMENTS.

Fire.
Gross amount paid policyholders for losses (Includ-
ing $285,059.26 occurring In previous years $1,663,441 07

Deduct amount received for

Salvage, flre *^ $9,428 87

Reinsurance, flre 400,878 11

Discount, flre 894 70

411,201 68

Net amount paid policyholders for losses $1,252,289 80



Digitized by



GoogI(



656 NEW HAMPSHIRE PIRE INS. CO.

Expenses of adjustment and settlement of losses 15,739 If*

Commissions or brokerage u22,360 85

-Aiiowc4uce8 to locui ugencies for mi»cellaneous agency expenses.. 28,U79 00
Salares, $62,320.88, and expenses. |as,349.30 of special and gen-
eral agents 130.670 18

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

and home office employes 72,7^5 80

Rents, including J^l.-TOo for company's occupancy of its own build-
ings 1.500 00

Advertising, $5.143.11 ; printing and stationery, $15,472.10 20,615 27

Postage, telegrams and express 7.635 50

Legal expenses 3,504 73

Furniture and fixtures 1.105 47

Maps, including corrections .-. 9.975 70

Underwriters' boards and tariff nssoclatlons 28,348 51

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

taxes and expenses 3,202 09

Inspections and surveys 17,079 70

Repairs and expenses (other than taxes) on real estate 5,115 83

Taxes on real estate 2,406 22

State taxes on premiums 55,345 <H

Insurance department licenses and fees 10,949 64

All other licenses, fees and taxes:

Federal corporation tax $.'t,049 46

Municipal taxes and licenses 7,587 37

Franchise tax , 13,500 00

24.136 83

Other d'sbursements: Miscellaneous expenses 9,979 78

Paid stockholders for Interest or dividends (amount declared dur-
ing the year, $135,000) 134.970 00

Agents* balances charged off 280 75

Gross loss on sale or maturity of ledger assets: Stocks 176 92

Gross decrease, by arljustment, In book value of ledger assets:

Bonds $3,313 75

Stocks 17,586 00

20,899 75

Total disbursements $2,380,021 10

Balance $5,778,318 31



LEDGER ASSETS.

Book value of real estate $35,000 OO

Mortgage loans on real estate, first Tens 102,950 00

Loans secured by pledge of bonds, stocks or other

collateral 100,000 00

Book value of bonds, $3,195,146.47, and stocks,

$1,513,376.03 .^ 4,708,522 50

Cash in company's office $350 52

Deposits in tru^t companies and banks

not on Interest 355,329 12

355,670 64

Agents* balances representing business written sub-
sequent to October 1. 1913 409.123 28

Agents* balances representing business written prior
to October 1, 1913 7,042 89

Total ledger assets $5,778,318 31

NON-LEDGER ASSETS.

Interest accrued on mortgages $1,452 93

Interest uccrued on bonds 50,792 43

Interest accrued on collateral loans 216 95

Total 52 . 461 34

Market value of real estate over book value - 7,250 00

M.irket value of bonds und stocks over book value 419,289 00

Other non-ledger assets: Due from Munich Reinsurance Company 251 33

Gross assets $6,257,560 78

Digitized by LjOOQIC



isTEW HAMPSHIRE FIRE INS. CO. 65"?



DEDUCT ASSETS NOT ADMITTED.

Agents' bnliiDces, representing business written prior to October
1, 1913 7,042 80



Total admitted assets $6,250,526 80



LIABILITIES.

Gross losses adjusted and not yet due ^r,6,422 08

Gross claims for losses in process of adjustment or
in suspense, plus $10,000; reserve for losses In-
curred prior to December 31 of which no notice
had been received on that date 188,681 78

Gross claims for losses resisted lo, 413 00

Total $260.. 'WO 86

Deduct reinsurance due or accrued 63. 2:<0 38

Net amount of unpaid losses and claims $104,316 48

Gross premiums (less reinsurance) received and receivable upon

all unexpired Are risks, $1,700,721.10 unearned premiums 2,421,864 74

Dividends declared and unpaid to stockholders, $67,530 67,530 00

Salaries, rents, expenses, bills, accounts, fees, etc. due or accrued. . 15,000 00
Estimated amount hereafter piyablc for federal, state and other

taxes based upon business i f the year of this statement 45,000 On

Reinsurance and return premiums due k. 53,382 00

All other liabilities::

Reserve for contingent liabilities , 250.000 00

Sinking fund for office building 150,000 00

Total amount of all llabirtles e.xcept capital $3,197,093 22

Capital actually paid up In cash $1,350,000 00

Surplus over all liabilities 1,703,433 67

Surpluses regards policyholders 3,053.433 67

Total liabilities $6,250,526 80



RISKS AND PREMIUMS.

Gross
premiums
Fire risks, thereon.

In force December 31, 1912 $445.9.^8.781 $4,808,820 32

Written or renewed In 1913 314,598,058 3,451,241 44

Excess of original premiums over amount received for
reinsurance 137 , 728 02



Totals $760,536,838 48.397,789 78

Deduct expirations and cancellations 251,737,513 2,981,119 02

In force December 31. 1913 $508,795,325 $3,416,670 76

Deduct amount reinsured 60,174.678 715,949 57

Net amount In force $439,624,647 $4.700. 721 19

42— Ins.— I



Digitized by



GoogI(



6§8



NEW HAMPSHIRE PQlE INS. CO.



RECAPITULATION OP PIRB RISKS AND PREMIUMS.



Yeir
written.



Term.



1913.
1012.
1913.
1911.
1912.
1913.
1910.
1911.
1912.
1913.
1909.
1910.
7911.
J5)12.
1913.



Amount \
covered.



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 ^..-1

Five years I

Five years I



Gross
preminms
changed,

less re-
insurance.



$134,466,281

636.1361

994,4531

60,330.113

66,516. 96»

73.94O,390|

1,280,4201

946,9741

935,0411

1.001,104

15,760,7441

18,.'S25,336|

19.923,81.11

21,167.0811

23,160,793



I



Totals I $439,624,647



$1,576,

7,

9,

596,

631.

708,

12,

10.

9,

10,

183.

213,

233,

239,

255.



Is



716 85
658 75
914 55
134 42
702 22
811 58
561 291
857 47
640 14
646 22
732 02
188 97
235 66
931 79
989 26



1-2
1-4

a-4

1-6

1-2

6-«

1-8

3-8

5-8

7-8

1-10

3-10

1-2

7-10

9-10



Amount of
premium
unearned.



$788,

1.

7,

99,

315,

590,

1,

4,

6,

9,

18.

63.

116.

167.

230.



35S 43
914 09
435 91
355 74
851 11
676 32
570 16
071 55
025 09
315 44
373 20
956 09
617 8S
962 2&
390 33



$4,700,72119 $2,421.864 74

I I



BUSINESS IN THE STATE OP WISCONSIN DURING THE YEAR.



Fire.



Oross risks written • • • • •' $S.161.622|

Less $886,100 risks cancelled and

$553,345 reinsurance in companies

authoHjted In Wisconsin •



Net risks written



1,355,737



$6,810,885



Tornado.



Gross premiums on risks written . .

I.ess $10,004.07 return premiums; and
$7106 27 premiums for reinsurance
in' companies authorized in Wiscon-
sin



Net premiums received

Losses paid (deducting salvage) ....

Less losses on risks reinsured in com

panics authorized in Wisconsin ...



$93,314 461



16,757 57



$76,55^89



$25,719 991
5,160 Oil



Net losses paid ) ^'i^LH



Losses incurred I ^.845 40

Less losses on risks reinsured in com- ^ ««v m*

panics authorized in Wisconsin ...[ 9,250 06!



Net losses Incurred



I



â– I-
$24,586 34;



852 77



$788 32



$165 25



$165 25



$165 25



, $165 25



TotaL



$249.125f $8,413,747
85,70e' 1.439.445



$163,417 $6,974,302



$1,141 001 $94,455 55



17. no 3*



$77,345 21



$25.8S5 24
5.100 01



$20,725 23



$34,010 05
9,250 06



$24,751 50



Digitized by



GoogI(



New hampshiee fiRE iKs. CO. 65d

TJNDBRWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

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



ToUl

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



$2,422,001 45<
88.<m 97



$2,510,153 42
53.382 00



Balance

Add unearned premiums Deo. 31 of
previous year



Total

Deduct unearned premiums Dec. 31
end of the year



Premiums earned during the year . .

UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agrents* balances previously
charged off. $81.75 and from other
underwriting income

Loss from agents* balances charged
off *



$2,456,771 42
2.185,606 70



$4.642,37iri2
2,421,864 74;.



$2,220,513 38



$332 88
280 75



Gain from above

Agents' balances and bills receivable
not admitted Dea 31. end of the
year I

IjOSs from underwriting profit and)
loss items



$52 131
7,042 891



6.990 761.



Underwriting income earned during
the year -



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31 of pre
vions year



Balance

Add unpaid losses Dec. 31, end of the
year



Losses incurred during the year ..
UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year ••

Deduct underwriting expenses unpaid
Dec. 81 of previous year



Balance

Add underwriting expenses unpaid
Dec. 81, end of the year



$1,252,239 39
210,956 93



$17041.282 46
194.316 48



I



$944,330 8g
95,000 00



$1,235,598 94



$849,330 80
60,000 00



Underwriting expenses incurred dur-
ing the year



Underwriting losses and expenses

I
Gain from underwriting during the)
year J.



909,330 80



$2,213,522 62



2,144,929 74



f68.69t 8S



Digitized by



GoogI(



660 kEW HAMPSHIRE FIRE l^fS. 00.

UNDERWRITING ANT) INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
durinsT 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



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



LOSS ON INVESTMENTS.

Loss from sale of ledger assets ..

Loss from decrease in book value of
ledger a/isets

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

Loss on investments during the year



INVESTMENT EXPENSES.

Investment expenses paid during the
year



Investment losses and expenses dur-
ing the year



Gain from investments during the
year



MISCELLANEOrS EXHIBIT.

Dividends declared to stockholders]
during the year I



Total gains and losses in 8urplus|

during the year

Surplus Dec. 31. 1912 1 |1 ,700,761 60j

Surplus Dec. 31. 1912 1 1,703,433 67|

Increase in surplus during the year.

Totals




2.672 •?



$187,672 07 61S7,672 67



Per cent of losses incurred to premiums earned 55.64.
Per cent of underwriting expenses incurred to premiums earned 40.96.
Per cent of investment expenses Incurred to interest and rents earned 10.4.
Per cent of total losses and expenses incurred and dividends declared to
total Income earned 99.89.



Digitized by



GoogI(



NIAG.\R.V FIRE INS. CO. 661

NIAGARA FISE INSUBANCE C0BIPAN7,

New York City.

Home Office 2o LIDKUTV ^>T.

[Incorpomted July 1850; comiueuceil business Aufeust li^50.1

President HAROLD flERRICK.
Vice T»rogldeiit. (5KO. C. HOWE.
Secret:avy, GEO. W. 1)EWE\ .

1 AIMTAL S'lOt'K

Amount of capital paid up in cash «1 .mHK<K>0 00

Amount of ledger assets December SI of pretlous year $0,708,009 liO

INCOME.

Marine and
Fire inland

Gross premiums $4,7^5,20;{ IZ* ^.irj.Oin 4^

Deduct reinsurance premiums,
fire, $848.«08.S8; marine and
Inland. |2l)9.16 : return premi-
ums. (Ire. $724.7(»:i.no; marine
and Inland. $r>,t01.;i4 1 .57;{.r.ll 07 5,400 50



Total prfmiunis (other

than perpetual .-^rj, 21 1, 091 78 $,10,148 9:i

Gross lntere*!t on mortgage loans $20,716 05

Gross interest on bonOs and dhldends on stocks,
less $222 22 accrued Interest on bonds ac-
quired durlnjr the year 200,188 07

Gross Interest on deposits in truKt companies

and banks 2,90) 15

Grogs Interest from all other sources: Interest
from notes, $170.00; Intenst from d^^posit with
Philadelphia unden^riters. $;?.15 17.*; 15



$:;,241,840 71



Total grosp interest 298,980 42

From ether rource** : Intorcsf fn>m dejtoslt with Brooklyn Trust

Co., withdrawn January 15, 19i:{ 04-J 05

From apents' bnlanco*' previously charged off 1,00 4 23

Gross profit on sale or matuiity of ledjjer assets : Bonds 50



Total income $.1,542,858 01

Tetal footlnjrs $10,251,708 21

IHSBrilSEMENTS.

Marine and
Fire inland

Gross nm>unt paid poilcvhold* rs
for los.^es (Including $249.40<>.-

02 occurring in previous years) $1,900, 490 01 $13,382 98
Deduc* amount rc'celved for sal-
vaL'»'. hre, $12,218.23; marine
and Inland, .<325.00 ; reinsiir-
anre. fln-, J245,5."0.35 ; dis-
count, are, $42.75 257.817 33 325 00

Net ameunt paid polley-

Uoldep- for losses $1,042.073 28 $13,057 98

$;,05q,731 20

Digitized by LjOOQK



662 NIAGARA FIRE INS. CO.

Kspenpcs of adjustment and settlement of losses 40,108 80

Commfssicns or brokera^re 624, 189 OO

Salaries, $71,271.7^, nnd expenses, |57,813.G4, of special and

general agents 129,085 39

Salaries, foes, and all other charges of officers, directors, tmstees

and home office employes 200,654 47

Rents 41,144 90

Advertising, $3.871.3.".: printing and stationery, $33,042.47..... 36,9j3 82

Postage, telegrams, t«*lophone and express 23,606 17

Leg.*!! expenees ". 6, 037 88

Furniture and fixtures 8, 167 20

Maps, including corrections 21 .414 66

Underwriters' board.** and tariff associations 39,880 45

Fire department. Are patrol and salvage coit)8 assessments, fees,

taxes and expenses 12,001 00

Inspections and surveys 21.183 10

State taxes on premiums 72.506 54

In:«nranci» department lio^nses and fei»s 15,059 89

All' otlier l!vH*ns*fs, fors and taxes :

Federal corporation tax $2,643 01

Municipal licen.^-cs 7,896 90

State license 3.586 21

Internal revenue tax 2, 877 86

Other disbursements :

Incidentals $2,450 9,T

roramercial reports 1 , 306 07

Exchange 3.322 84

Duty 32 56

Subscriptions, nap^.^rs, periodicals 2,821 72

Premlnms on fidollty bonds 250 50

Premiums on oiflce furniture fixtures 322 76

10.506 90

Paid PtO''k7iolders for intore*tt op dividends 250,000 tM)

Agents* balances charged off 175 49

Total dl.sburseraents $3,225,460 90

Balnuce $7,026,307 31



LEIXiER ASSETS.

Mortgage loans on real estate, tirst Hens $563,000 00

Book va^ue of bonds, $1.841,1.'»S.2.'>, and stocks,

$3.6.S6,0S7.14 , 5,477,1P5 39

Cash in company's oftice $1 .995 79

DenoHits in trust companies and

banks not on Interept 108,084 46

Deposits In trust companies and

banks on Interest 23.'». 124 71

405,204 96

Agents* balances representing business written

sub«»eqnent to October 1, 191.T 550.225 36

Agents' balances ropresenting busines-s written

prior to October 1, 1913 30.681 60



Total ledger assets $7,026,307 31

NO.N-LEDCEU ASSETS.

Interest cccfued on mortgages ^7,044 77

Interest accrued v.n bonds 23,240 57

Interest accrued on other a.ssets 043 15

Deposit with Metropolitan Trust Co. of New

York 571 23

Deposit v/lth New York TruFt Co. of New York 371 92

Total 31.828 49

Gross assets $7,059. 13(| ^O

• Digitized by LjOOQIC



NIAGARA FIRE INS. CO.



663



DEDUCT ASSETS NOl' ADMrTTED.

Agents' (mlnnces representing business written

prior to October 1. 1913 $30,081 60

Book value of ledcjer assets over market value.. 110,532 39

. -. •

141,213 99

Total admitted as.scts $6,916,921 81



LIAfelLlTIES.

Gross lopses ndjiii<ted not j'et due

Cros.s claims for losses in procef^s of adjust-
ment or in suspense, plus $25,493.00 ; reserve
for losses incurred pr'.or to I)ecember 31 of
which no notice had been received on that
date

Gross claims for losses resisted



Total

Deduct reinsurance due or accrued.



$1,720 85



267.093 68
57,291 63

$326,106 06
69,734 52



$266,371 54



Net amount of unpaid losses and claims

Gross premiums (less reinsurance) received and
receivable upon all unexpired Are risks $5,-
948,542.06 ; unearned premiums $3,081,353 98

Gross premiums (less reinsurance) (cash and
bills) received and receivable upon all unex-
pired Inland navigation risks. $30,148.93; un-
earned premiums (fifty per cent) 15,074 46

Total unearned premiums as computed above 3,096,428 44

Commissions, contingent or other charges due or accrued 4,710 00

Estimated amount hereafter payable for federal, state and other

taxes, taxed upon the business of the year of this statement. . 50,000 00
Salaries, rents, expenses, bills, accounts, fees, etc.. due or ac-
crued 6,000 00



Total amount of all liabilities except capital $3,413,500 98

Capital actually paid up In cash $1,000,000 00

Surplu over all liabilities 2,503,411 83



Surplus as regards policyholders 3.503.411 83

Total liabilities $6,916,921 81



RISKS AND PREMIUMS.



In force on the 31st day
of December, 1912 ...

Written or renewed
during the year 1913

Excess of original pre-
miums over amount
received for relnsur
ance



Fire risks.



Gross
premiums
thereon.



Marine

and Inland

risks.



$671,561,7021 $6,818,051 741.
I I

443,043,0751 4,785,203 751

I I



I



1
R.3.39 671.



Total '.«;i,114,604,777|?11.611..'{)j 161

Deduct those expired! ! I

and marked off as| | . |

terminated 1 408.490,3071 4.500.102 951



In force In the 31stl I I

day of December, , |

1913 f $7(XS, 105, 4701 $7,111,492 21!

Deduct amount rein-| | I

sured I 112,740,933' 1,162.950 15

I ! 1-



Gross
premiums
thereon.



$1,273,7801 $35,549 43



$1,273,7801

I
212. 5W



I

$1,(»61.20 '

I

1C,53JI



Net amount in forcel $593,361,5371 $5,948,542 061
I I I



$35,519 43
5,101 34



$30,41^ 09
299 16



$1,044,6651 $30,148 93
I



Digitized by



Go6gI(



664



NIAGARA FIRE INS. CO,



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
wiitten.



Term.



1013.
1912.
1913.
1911.
1912.
1913.
1910.
1911.
1912.
1913.
1900.
1910.
1911.
1912.
1913.



One year or less

Two years

Two years

Three years ....
Three years ....
Three years ....

Four years

Four years

Four years

Four years

Five years

Five years

Five years

Five years

Five years



1913 1 Over live yours



Amount
covered.



.1



1166.339.238

1.118,758

1,636,019

96.529.255

107.514,790

122,072.4381

402,847

533,932

077.862

730.220!

15,849.2081

17.380,2331

20.000.6181

21.221,040!

22,032,3831

200.45.'5|



Gross

premiums

char«red,

le«*s i-e-

insu ranee.



11



A mount of
premium
unearned.



$2,015.

7

11

843

928,

1,055

5

4

6

6

184

106

226

236,

249

1.



181 301 1-2
002 421 1-4
047 861 3-4
102 261 1-6
802 80 1-2
841 241 5-6
148 141 1-^
050 771 3-.8
083 91 5-8
480 28! 7-8
287 001 1-10
707 231 3-10
402 3V 1 ti I
088 64! 7 1<» I
.322 6::, 0-10 I
732 OH P. K. I



$1



007.590 69

1.075 60

8. 660 89

140.517 08

464.401 44

870.867 69

&43 52

1,510 OS

3.802 43

5,678 11

18.428 80

60.012 17

113.201 17

165,262 05

224.390 m

1.477 46



Total $504,400,2021 $5,078,600 00' '$3,006,428 44



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



I



Fire.



I
Tomndo. I Total.



Gross risks written I $0,106.5311 $481.0601 $n,5S7.C0]

Less $1,381,000 risks cancelled, andf | j

$374,802 reinsurance in compnnlesi I I

authorized in Wisconsin ! 1,605,3771 60.4251 1,755,802

I 1 1— :^

Net risks written I $7.411,1541 $420,635j $7, 831,789

Gross premiums on risks written ...I $9S^Vt"41' $2.4^ 411 $101,435 82

Less $0,371.51 return premiums; and! ' I

$1,052.51 premiums for reinsurance! I I

In companies authorized in WIscon-l ' '

sin ! 11,051821 272 201 11. .124 02

Net premiums received ' $87,002 501 $2, 200 21 1 $00.111 80

Losses paid (deductluK salvage) ....| ~$24,^8500l ^$5^"^' $25,521 77

Less losses on risks reinsured incom-i I I

panics authorized In Wisconsin ...! 40 201 206 34' 246 54

I • •

Net losses paid 1 $24.044 89! $330 34' $25,275 23

Losses Incurred I $33^~20l ^$-ir4"05| $313^15

Less losses on risks reinsured incom-l I ' ^ « .

panics authorized in Wisconsin ...I 40 201 206 34 246 54

I 1 !

Net losses Incurred I $33,628 001 $308 611 $33,936 61

I I I



Digitized by



GoogI(



NIAGARA PIRE INS. CO.



665



UNDERWRITING AND INYBSTMBNT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

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



Total

Add unearned premiums Dec. 31 of
' previous year



Total ,.4

Deduct unearned premiums Dec. 81,
end of the year



Premiums earned during the year .

UNDERWRITING PROFIT AND
LOSS ITEMS.