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MISCELLANEOUS EXHII'.IT



I



I Gain In ( Loss in
I Surplus. I Surplus.
Total gain and losses in surplus dur-I I I

ing 1913 1 1 1

Surplus Dec. 31, 1912 1 $197 631 1..

Surplus Dec. 31, 1013 1 59 881 1..

I 1 I

Decrease In surplus during 1913 ! I $137 78[. .



Totals



.1.



$187 701



$187 76



$137 75



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856 MOTOR VEHICLE MUTUAL FIRE INS. CO.



WEST BEND MUTUAL FIRE INSITBANGE COMPANY,

West Bend, Wisconsin.

[Incorporated April 14, 1S04: corameuc^d business Muy 1, 1894.]



President, P.. O'MEARA. Secretary, C. F. LBINS.

Vice President, JOSEPH OTT.



BALANCE SHEET.
Amount of ledger assets December 31 of preTious year ^S2,9X 21

INCOME,

Gross premiums $34,890 73

Deduct return premiums 1,446 10

Total premiums 33,444 63

Gross interest on mort^rafiret loans, less $23.71 ac-
crued Interest on mortgages acquired during 1913 $1,812 57

Gross rents from company's property, Including
$300 for company's occupancy of Its own build-
ings 300 00

Total gross Interest and rents 2,112 57

Total income $35,557 20

Total footings $88,483 47

DISBURSEMENTS.

Gross amount paid policyholders for losses (Including $2^506.84

occurring in previous years) $16,747 18

Expenses of adjustment and settlement of losses 301 18

Commissions and brokerage 8,392 03

Allowances to local agencies for miscellaneous agency expenses ^ 74 80
Salaries, fees and all other charges of officers, directors, trus-
tees and home-offlce employes 3,099 08

Rents, Including $300 for company's occupancy of Its own build-
ings ' 300 00

Printing and stationery 272 51

Postage, telegrams, telephone and express 175 HO

I^gal expenses 100 00

Furniture and fixtures 25 00

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

taxes and expenses 497 3t

Inspections and surveys 18 00

Repairs and expenses (other than taxes) on real estate 2 50

Taxes on real estate 48 60

Insurance department licenses and fees, fire marshal tax 113 04

Other disbursements:
Examination of books, $38.06; officers' bonds, $24.00; Dun's
reports, $50.00; Insurance, $515; association dues, $6.50;
electric light, $19.33; water, $5.00; fuel, $78.30; recording fees,

$7.90 ; miscellaneous expenses, $104.07 338 SI

Total disbursements $30,507 26

Balance $57,976 21



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WEST BEKD MUTUAL PIRB iKS. CO.



857



LEDGER ASSETS.



Book ralue of real estate

Mortgage loans on real estate^ first liens

Cash in company's office

Deposits in trust companies and banks
not on interest



1071 81
3,856 91



Agents' balances representing business written
subsequent to October 1, 1913

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



Total ledger assets



$3.880 00
48,655 00



4.827 22
477 02
136 37



$57,976 21



NON-LEDGER ASSETS.

Interest due, $85 and accrued $1,155.92 on mortgages 1,240 92

Other non-ledger assets: Furniture and fixtures, $1,269.65; sup-
plies, $350 1,619 65



Gross assets



$60,836 78



DEDUCT ASSETS NOT ADMITTED.



Supplies, printed matter and stationery ...

Furniture, fixtures and safes

Agents* balances representing business
prior to October 1, 1913



written



Admitted assets



$350 00
1,260 65

136 37



1,756 02



$59,060 76



LIABILITIES.

Gross premiums (less reinsurance) receiyed and receivable upon
ail unearned premiums

ERtiraated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement....

Total amount of all liabilities

Surplus



Total liabilities and surplus



$28,900 90

625 41

$29,526 31
29,654 45

$59,080 76



RISKS AND PREMIUMS.

Amount Gross cash
at risk. premiums

thereon.

In force on the 31st day of December. 1912 $6,809,842 88 $49,585 77

Written or renewed during the year 4,408,615 93 34,890 73

Total $11, 218,458 81 $84,476 50

Deduct those expired and marked off as terminated 3.598,117 80 29,689 41

In force at the end of the year $7,620,341 01 $54,787 09



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858



WEST 6END MUTUAL PIRE iNS, CO.



RECAPITULATION OP PIRB RISKS AND PREMIUMS.



Year
written.


Term.


Gross

coverea. j^^ ^_
insurance.


i!


Amount of
premium
unearned.


1918....
1911.....
1912....
1913....


One year or less

Three years

Three years

! Three years


$1,993,946 67
1,554.840 98
1,814,390 10
2,257,163 26


$19,338 02

9.665 49

11,556 01

14,207 57


1-2
1-6
1-2
5-6


$9,669 01
1,614 25
0.778 OO

11,830 64




Totals Jl' 17,620,341 01|* $54,787 09]

1 1 1


$28,900 90



BUSINESS IN WISCONSIN DURING 1913.

Pire.

Gross rtsks written $4,408,615 93

Less risks cancelled 157.106 00

Net risks written .$4,251,509 98

Gross premiums on risks written $34,890 73

Less return premiums and premiums for reinsurance in com-
panies authorized in this state 1,446 10

Net premiums received $33,444 63

Losses paid (deducting salvage) $16,747 IS

Net losses incurred $14,240 34



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Add unearned premiums Dec. 31,
1912



Total

DeduQt unearned premiums Dec. 81,1
1913



Premiums earned during 1913.

UNDERWRITING PROFIT AND
LOSS ITEMS.

Agents' balances and bills

receivable not admitted

Dec. 31, 1912 $100 58

Agents' balances and bills

receivable not admitted

Dec. 31, 1913 136 37



Loss from underwriting profit and|
loss items



Underwriting income earned dsrfng
1913



$33,444 68
25,631 51



$39,076 14
28.900 90



$30,175 2i



85 79



Digitized by



$30,130 4S

Google



WEST BEND MUTUAL PIKE INS. CO.



859



UNDERWRITING AND INVESTMENT EXHIBIT.— Continued.



LOSSES.

Losses paid

Deduct unpaid losses Dec. 81. 1912



Balance



UNDERWRI'tlNG EXPENSES.



Underwriting expenses paid during
1913

Deduct underwriting expenses unpaid
Dec. 31. 1912



Balance

Add underwriting expenses unpaid
Dec. 31, 1913



Underwriting expenses incurred dur-J
Ing 1913~



Underwriting losses and expenses
Gain from underwriting during 1913

INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
during the year

Deduct Interest, dividends and rents
due and. accrued Dea 31, 1912 . . . .^



Balance -

Add Interest, dividends and rents
due and accrued Dec. 31, 1913, less
overdue and accrued Interest on
bonds In default .*



Interest and rents earned during 1913



Total gains and losses In surplus

during 1913

Surplus Dec. 31. 3912

Surplus Dec. 31. 1913



Increase In surplus during 1913
Totals



$16,747 18
2.006 84



$13,760 08
007 40



$13,152 68
625 41



$14,210 34



13,778 09



28,018 43



IS. 121 Ot



$2,112 57
908 42



$1,209 15



1,240 92



$24,983 36
29,554 45



$S.450 07



Gain in
Surplus.

'$4,571 Ml



Loss In
I Surplus.



.!.



$4,671



$4,671 99



$4,671 09



Per cent of losses Incurred to premiums earned, 475. - .r «

Per cent of underwriting expenses incurred to premiums earned. 45.a
Per cent of total losses and expenses incurred and dividends declared to
total Income earned, 85.9.



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Lloyds Insurance Companies



Digitized by LjOOQIC



862 UX)YDS INSURANCE COMPANIES,



LUMBER UNDERWRITERS

Home Office, 66 Broadway, New York City.

(Incorporated Mar. 7, 1802; commenced business Apr. 30, 1892; admitted
May 24, 1911.)

Attorney-in-Fact, Eugene F. Perry.

2. Amount of ledger asseU, Dec. 31, of prevlou* year |K»,330 40

INCOME

7. Total premiums ^'^ m

16. Total gro8» Interest and rents «S*25 2s

17-26. From other sources mS'iS! m

«0. Total Income Si'lIT Zl

JO. ToUa footings fnt,8n M

DISBURSEMENTS

3. Net amount paid policyholders for losses |192.736 35

4. Expenses of adjustment ^i'l^l 1A

.'->. Commissions or brokerage « ^SJ 2?

1^-22 Taxes J.wo wi

6 7 0-18, 23-30. 32-34. Other disbursements 6,81115

3t! Dividends to policyholders ^'22 2?

JI7. TotiftI disbarsoments 5H'22 zi

88. Blanco 9»n,^mt

LEDGER ASSETS

4 Bonds $10,000 00

'7 Cash 15S'1S2?

8-0. Agents* balances 40.908 74

15. Tot»l ledger assets '*?J'!2 IS

16-28. Total non-ledger assets 17,3»o 21

30-38. Deduct assets not admitted 1,006 45

St. Total ndmltted Msets fS5S,S7« S8

LIABILITIES

0. Net amount of unpaid losses and claims $18,417 12

0. Total unearned premiums 120,374 61

0-11; 13^3. All other liabilities 111,566 11

.•M. Total amount of all liabilities $250,357 S4

.^•». Surplus over all liabilities 8.010 04

S6. Total liabilities and surplus $S5S,S7€ S8

UNDERWRITING EXHIBIT

0. Premiums earned during the year $221.450 07

HI Ijonn from underwriting profit and loss items 12 . 331 91

17. T'nderwrltlng Income earned during the year $200,118 16

26. LoHses Incurred during the year $180,088 SI

.•«. T'nderwritlng expenses Incurred during the year 54,301 84

.14. T'nderwritlng losses and expenses $234,480 15

8ft. Loss from underwriting during the year $S5,M1 99

INVESTMENT EXHIBIT

AX IntereKt and rents earned during the year $.'».713 ^2

TiO. Investment Income earned during the year 6,713 52

56. I^oss on Investments during the year $580 00

W. Investment losses and expenses durln? the year STtHO no

66. Gain from Investments during the year $8,188 SS

MISCELLANEOrS EXHIBIT

74. Net gain from Items 66-73, dividends, etc $12,250 00

78. Decrease In surplus during the year $7,078 47

RISKS AND PREMIUMS

8. In force, total risks covered $17,106,075 00

8. In force, total gross premiums charged, less reinBurance 240,7^ 22



Digitized by LjOOQIC



LLOYDS INSURANCE COMPANIES, 863



NATIONAIi UNDERWRITERS OF AMERICA

Home Offloc, 123 William St.» New York City.

(Incorporated May 1, 1802; commenced busineiM June 10, 18W; adinlttvd
Sept. 12, 1913.)

Attorney -In -Fact, Edward E. Hall.

2. Amount of ledger assets, I>ec. 31, of previous year |207,117 18

IN(M)MK

7. Total premiums $33,883 78

16. Total pross Interest and rents 8,740 50

17-26. From other sources 8.<l00 <I0

29. Total Income 9M.6t4 til

30. Total footlnirs fSftl ,74t 08

PIsm'KSE.MKNTS

3. Net amount paid policyholders for losses $.'12.700 43

4. Expenses of adjustment and settlement of losnes 206 10

5. Commission or brokerage 8.860 48

8. Salaries, fees and nil other charges of offl»*ers, dlrecttjrs, trus-

ti'es and home office employes # 1,200 00

l»-22. Taxes XW m

6. 7, 9-18, 23-30, 32-34. Other disbursements 1 . 070 68

,31. Dividends to policyholders 8.740 r»0

37. Total dIsbarsNnents 9A8.XI0 IN

38. Balance ftOI,481 SO

LKDOER ASSETS

4. Bonds, $160,000.00; stocks, $20,050.00 $ ISO. !):.<» 00

r^ 7. Cnsh 12 ,988 611

8-9. Agents' balanci's 4 . 4I»2 (U

16. Total ledger a«setn $t04 ,481 80

10-28. Totel non-ledger assets 2,215 83

.30-38. Deduct assets not admitted 0.4(K> 00

80. Total admitted —bH» $100,877 18

LIABILITIES

6. Net amount of unpaid losses and claims $5 00

9. Total unearned premiums 20,791 HO

12. Estimated amount hereafter payable for taxes 675 <K»

9-11 ; 13-.^3. All other liabilities 58.000 (H>

.34. Total amount of all liabilities $79,471 80

3.'>. Surplus over all liabilities 120.H(I5 .Tt

86. Total Uabilitie* and surplus $800,877 18

VNDEUW KITING EXHIBIT.

9. Premiums earned during the year $36,750 66

16. Gain from underwriting profit and Iohm Items 144 38

17. I'nderwrlting Income earned during the year $36,815 01

26. LosHes Incurred during the year $.'U),W»5 34

.33. Vnderwrltlng expenscH incurred during the year 11,861 1.1

34. Underwriting 1omh<*8 and expenses $12.H,'i6 49

$5. Loss from underwriting during the yt»r $8.IHI1 49

INVKSTMENT EXHIBIT

4.3. Interest and rciitw earn*»d during the rear $^,710 .50

.50. InvcHtment Income earn^-d during the ycnr $>*,710 .VI

56. Lo»» on inv«»»tmentH during the y*nir $5,5*M| W»

63. InvcHtment exijensen lu'-urred durint; the yeiir 'j:iZ 70

61. Investment loMHes and expenKCH during the y«*ar $5.7ri3 70

•8. Gain from Investments during the yrar $8,00080

MISf'KLLANKOl S KXHIBIT

74. Net lo^ from. iteniM ♦¥> 73. dlvidendw, ef $8.74/» .50

7H. De*Ten»e in surplus during the year %\\ ,iy,tTt J5

RISKS AND PHKMII MS

8. lo force, total rl«k« covered %H,7^/4,<m 00

& In force, total groM premlumit charged, leiiH relosaraacc ¥),2\H W



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864 LLOYDS INSURANCE COMPANIES,



NEW YORK A BOSTON LLOYDS

Home Office, 123 William St., New York City.

(Incorporated April 25, 1892; commenced business April 26, 1892; admitted
September 12. 1913.)

Attorney-in-Fact, Edward E. Hall.

2. Amount of ledger assets, Dec. 31, of previous year $118,138 47

INCOME.

7. Total premiums $37,070 8S

16. Total gross interest and rents 4.348 .-B

17-2a From other sources 4.000 0ft

«9. Total Income $46.S» M

8*0. Total footings 9164.4M 83

DISBURSEMENTS.

3. Paid policyholders for losses $30,255 9."^

4. Expenses of ndjus'nient and settlement of losses 171 33

K. Commissions or brokerage 15.487 W

8. Salaries, fpes and all other charges of ofBcers. directors, trus-

tees and home office employes IKIO 00

1n-22. Taxes 344 2»

6. 7. 9-lS. 23-30. 32-34. Otiipr disbursements 822 «2

31. Dividends to policyholders .1.564 08

87. Total dUbursements 858. 54a 4«

88. Balance $110,»« 87

LEDGER ASSETS.

4. Bonds $78.837 30

5-^7. Cash 24. .367 03

8-0. Agents' b.ilances 7.716 84

16, Total led rer assets $!!• 9«l 17

16-28. To'nl non-ledger apsets 1.210 «7

30-^38. Deduct assets not admitted 2.837 fW

8». Total admittrd assets $108. 308 M

LIABILITIES.

*^. Net amount of unpaid losses and claims 9^ T/i

\ ''"otsl unearned premiums 24.582 82

19. Est^rasted amount hereafter payable for taxes 750 00

<^11 : 13-33. All other linbllitfes 54.000 no

31. Tofal amount of all linbllities $7ft.4^ 1?

3.\ Surplus over all liabilities ''H.srv 42

86. Total Kabilltles $10».8it 54

UNDERWRITING EXHIBIT.

ft. Premiums earned during the year - $42,5.38 50

16. Onln from underwriting profit nrid loss Items 7S 75

17 TTnderwrltIng income enrned during the year *i?.6l5 2^

26. Losses ineurrcd during the year $28,728 OJ

3.3. rnderwrUfng expenses incurred during the year ^''^^^2

34. Underwriting losses nnd exnenses $»6.640 2n

85. Loss from underwrltinir dorlngr the year $4,885 81

INVESTMENT EXHIBIT.

-*3. Tn^erewt and rents earned during the year ^^''^J 21

rn Tnve«tment ineome enrned during the year $4,615 ?jj

56. Loss on investments durlncr the yenr ^'^ iU

^3. Investment expenses Incurred durbig the vear *2 2

a. Investment ^o'se*? .nnd expenses during^ the year ^.6^ 'jj

m. Gain from Investmentn dnring the year $1.8*8 87

MISCELL.VNEOUS EXHIBIT.

74. Vot lops from Items 66 73. dividends, etc ^ '"^ "J

78. Pecrense in surplus during the year $3.860 1-

RISKS AND PREMIUMS
8. In force, total risks covered IT.WS.OM W

8. In force, total groBg premiums cbarged. leas reiosanmce ,^, 4T.3S9 98

uiyiLizeu uy VjvJvJSt in^



UX)YDS INSURANCE COMPANIES. 865



SUBSCRIBERS AT U. S. LLOYDS

Home Office, 3 William St.. New York City.

(Im-ori»orate(l Nov. 1872; commenced business Dec. 1872)

Attorney-in-Fact, Hi^gins & Cox.

2. Amount of ledger assets, Dec. 31, of previous year $1,713,321 86

INCOME

7. Total premiums $1,316,672 02

UJ. Total Kross interest and rents 41 ,^30 21i

«». Tot»l inroiiM» $1,358,502 91

80. Total footinipM ..'. $8,071,824 77

DISBUUSEMENTS

3. Net amcunt paid policyholders for losses $1,122,697 HI

4. E.\penses of adjustment and settlement of losses 25,257 44

5. i*ommis.s'ons or brokerage 376,204 88

5. .Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 118.873 77

19-22. Taxes 34,073 22

6. 7, 9-18, ZiSO, .T2-34. Other disbuisements 70,221 11

:tl. Dividends to poMcyholders 25.roo oo

35. Gross loss on sale or maturity of ledger assets 625 00

36. Gross decrease by adjustment In book value of ledger assets.. 28,2.^0 Ou

S7. Total disbursomentB $1,801,178 28

£8. Balance $1,270,646 61

LEDGER ASSETS

4. Bonds $785,00000

5-7. Cash 274,907 09

8^9. Agents' balances 189,678 92

10 14. All other ledger assets 21,060 50

15. Total ledirer assets $1,270,646 61

16-28. Total non-ledger assets 10,045 83

30-.%S. Deduct assets not admitted 38.520 52

S». 'lotal admittrd asset« $1,242,17182

LIABILITIES

6. Nit amount of unpaid lo.sses j.nd claims $436,788 99

9. Total unearned premiums 479,412 72

12. Ivstim.-ited amount hereafter payable for taxes 20,000 00

9 11 : 13-,'^3. All other liabilities 1,000 00

34. Total amount of all liabilities $937,201 71

35. Sui plus over all liabilities 304,970 11

S6. Total liabilltieM and surpluM $1,242,17182

I'NDEUWKlTINi; EXHIBIT

0. r cmiums earned during the year $1,669,897 78

I'l. <Jaln fiom undei wrltlni^ protil and loss Items 4,847 12

17. luflei writing income earned during the year $1,674,744 9<)

26. Losses incurred during the year ^l,<M)8.a"W 50

'Xi. rnder>>rlting expenses Incurred during the year 501.079 20

34. I'nderwriting losses and expenses $1 ..'WD, 117 70

26. tiain from onderwrltlnip during the year $75,627 20

invf:«t.ment exhibit

4.3. Interest und rents earned during the year $40,472 79

."lO. Investment income earned during the year $40,472 79

56. Loss ou Investments during the ye.ir $2J>.725 00

63. Investment expens<*s incurred during the year 1.063 42

04. Investment losses and expenses during the year $,30.788 42

6J. (iain frcm Investments durlnjp the year 19.684 37

.M IS( 'KLLA N HO IS EX 1 1 1 BIT

74. Net loss from Items tW 7:i. dividends, etc $25,000 00

78. Increase in surplus during the year $00,311 57

KISKS AND PREMIUMS

8. In force, total rUka covered $18. 188.552 00

8, lu force, total gposs premiums (bar.crftJf Jess reinsurance 927,637 20 ,

§S 1»8,— I uiyiLizuu uy ^^OOgK



866 ' LLOYDS INSURANCE COMPANIES.

UNDERWRITERS AT AMERICAN LLOYDS

Home Office, 123 Willlain St., New York City.

(Incorporated April 28, 18JM); couimenc-ed biiMiuess April 30, ISK); aduiltted S«*pt.

12, 1913)

Attorney-ln-Fatt, Edward E.llall.

2. Aiuount of ledger «8Het«, Dei*. 31, of previous year |MO,158S8

INCOME

7. Total promluniH $J43.909 07

16. Total KrosH liitereKt and rent.s -41.639 98

«9. Tot»l tncomo f2S5.64» M

80. Total tootlngH f 1. 885. 707 «

niSBlRSEMENTS

3. Net amount paid polloyholders for lossefi $113.5© 98

4. Expeiinen of adjustment and settlement of losses 1.712 62

I>. Commissions or brokerage 88.549 05

5. Salaries, fees and all other charRes of officers, dlre<'tors, trus-

tees and home office employes 4.1.10 00

in-22. Taxes 3.816 06

6. 7, 9-18, 23-30, 32 34. Other disbursements 91 .281 67

37. Total dlsbarsements .- $8t8.86t M

88. Balance |Mt.844 61

LKOGEU ASSETS

4. Bonds $883.529 69

.V7. Cash .12.727 64

H-9. AKents* balances 26.5S7 22

15. Total ledfrer ansets |Wt.M4 U

16-2S. Total non ledger assets 7.946 34

30-38. Deduct assets not admitted 35.047 14

39. Total admlttefl aHHets f8M.74S 75

LIABILITIES

0. .Vet amount of unpaid losses and claims $5,557 00

9. Total unearned premiums 171.5»7fl9

12. Estimated amount hereafter payable for taxes 5.000 00

9-11: 13 .ri. All other liabilities 108.000 00

34. Total amount of all liabHltles $290,154 0»

35. Surplus over all liabilities 805.6S9 86

88. Total llabilltleH and sarplus $895,748 7S

INDEUWUITINa EXHIBIT

9. Premiums earned during the year $245.148 71

10. (Jain from underwrltinjf profit and loss items 1.058 38

17. I'nderwritinir incou'e earned during the j'ear $248,207 29

20. Losses Incurred during the year $115,395 24

.•?3. Cnderwritlnff expenses incurred during the year 104.939 11

34. rnderwritinjr losses and expenses $220,334 »<

86. Gain from underwritlnK dnrlnir the year $S5.87t 91

INVEST.MENT EXHIBIT

43. Interest and rents earned durin;; the year $35,556 8^

r»0. Invest nient Income earned duriuf? the' year Jsti).558 63

r>«. Loss on Investments during? the year $14,312 50

6.3. Investment expenses Incurred during the .vear 1,079 <P*

64. Investment losses and expenses durintr the year $15.. 392 1^

85. Gain from investments durinir the year $99. 164 45

MISCELLANEOIS EXHIBIT

74. Net lofcft from items 60 73. dividends, etc $79,280 5S

78. Decrease in surplus during the year $33.243 22

RISKS AND PRE.MH'MS

8, In force, total risks covered / $50,917,407 00

8. In force, total i^ross premiums charged, less rein«arai;ce .... 322,229 6!



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LLOYDS INSURANCE COMPANIES. 867



UNDERWRITERS AT GREAT WESTERN liLOYDS

Home Offlre, 123 Wllllnra St., New York City.

(Incorporated Sent. 30, 1892; eoiiiinenred busliiesw Sept. 30, 1802; admitted Sept.

12, 1913)

Attorney-in-Fact, Edward E. Hall.

2. Amount of ledjfer assets, Dec. 31, of previous year $297, OSo 45

INCOME

7. Total premiums $02, •'►43 25

IC. Total gross Interest and rents 11.670 69

17-26. From other sources 6, 140 67

to. Total Income $80,854 61

£0. Total footlniTs $S76,04t 06

DISBIUSEMENTS

3. Net amount paid policyholders for losses $150,805 38

4. Expenses of adjustment and settlement of losses 351 86

a. (Commissions or hrokerajce 20,984 51

8. Salaries, fees and all other charges of offlcprs, directors, trus-

t<»es and home ofHce employes 2.260 00

19-22. Taxes 937 78

6, 7, 9-18, 23-.M). .'^2-34. Other disbursements 24,748 08

S7. Total dlsbarHementN $100,117 61

88. Balaare $«77.9«« 45

LEDGER ASSETS

4. Bonds $267.477 00

5 7. Cash 2,043 46

8-9. Agents* balances 8.401 99

15. Total ledger aswtii $t77.92t 46

16 28. Total non-ledger assets * 3.2:^1 67

;tO-38. Deduct assets not admitted 15.:i82 31

SO. Total admitt€<l assfts $265,771 81

LIABILITIES

6. .Net amount of unpaid losses and claims $1 ,012 50

0. Total unearned jiremiums .'18.815 85

12. Estimated amount hereafter payable for taxes 1.250 00

9-11 ; 13-^33. All other liabilities 88.000 00

.14. Total amount of all llabllit'es $129,078 :«

•T). Surplus over all liabilities i;m.693 46

SO. Total liabilities and surpla* $265,771 81

TNDEUWUITING E.XHIBIT

9. Premiums earned during the y€»ar $66,125 91

16. <;ain from underwriting profit and loss items 193 72

17. f'nderwrlting Income earned during the year $66,319 6:{

26. Losses Incurred during the year $16,751 .'V4

3.'J. I'nderwriting exi>enseK incurred during the year 26. .5.30 10

34. I'nderwriting losses and expenses $73,281 64

35. Lous from underwrltlnur durlnir the year $6. Oft 01

INVEST.MENT EXHIBIT

43. Interest and rents earned during the year $11 .870 69

50. Investment Income earned during the year $11.870 09

r*\. \a>hh on investments during the year $7,442 50

63. Investment expenses hu'urn'd during the 3'ear 328 78

64. Investment losses and expenses during the year $7,771 28

•5. Ualn from InvdMtments durinir the year $4,009 41

MISt'ELLANEOCS EXHIBIT

74. Net loss from items 66-7.'J, dividends, etc $18,812 68

78. Decrease in surplus during the year $21,675 28

RISKS AND PREMIUMS

8. In force, total risks covered $14 , 747, 253 00

8. In force, total gross premiums charged, less reinsurance 74,911 6Q



Digitized by



GoogI(



868 LLOYDS INSURANCE COMPANIES.



UNION UNDERWRITERS OP NEW YORK

Home Office, 123 William St.. New York City.

(IncorporattHl Feb., 1876; commenced business Feb., 1876; admitted Sept. 12,

1913)

Attorney-in-Fact, Edward E. Hall.

2. Amount of ledger assets, Dec. 31, of previous year $154,667 65

INCOME

7. TotHl premiums $33,517 05

16. Total groRS interest and rents 6,219 69

17 26. From other sources 6,000 00

29. TotfU Income «45,7M 74

80. Total footing:*



DISBURSEMENTS

3. Net amount paid policyholders for losses $31,877 55

4. Expenses of adjustment and settlement of losses 17t; 34

5. Commissions or brokerage 12,571 (K>

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 1,130 00

19-22. Taxes 820 «5

6. 7, 9-18, 23-30, 32-34. Other disbursements 15,997 Si

31. Dividends to policyholders 5,411 25

87. Total dlsborsements $i7.4M «ft

3S. Balance , $U2,9tS 74

LEDGER ASSETS

4. Bonds $125,181 25

5-7. Cash 3,31163

8-9. Agents' balances 4,430 86

1ft. Total ledirer a08«ts $lS2,9tS 74

16-28. Total non-ledger assets 1,783 33

30-38. Deduct assets not admitted 10,781 25

39. Total admitted assets $12S,9t5 SX

LIABILITIES

6. Net amount of unpaid losses and claims $5 00

9. Total unearned premiums 20.328 45



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