804                          SECURITY INS. CO.
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior
to October 1, 1912 ..........   .......................  $1,249 54
Bills receivable, past clue, taken for marine, inland
and, fire risks ............. ........................  3,760 80
3   i     11 -   I  i  j.--   I  j   -'   .,  -   .  ,,010              
     34
Total admitted assets ....................................... $4,074,496
92
LIABILITIES.
Gross losses adjusted and unpaid, not yet due   ......  $53,896 36
Gross claims for losses in urocess of adjustment, or
in suspense, plus $6,79.71; reserve for losses in-
eurred prior to December 31, of which no notice
had been received on that dste ......   ..............  172,058 007
Gross claims for losses resisted ...... ................  23.623 10
Total .   ..........................................  $249,577 53
Deduct reinsurance due or accrued ......    ............  61,053 59
Net amount of unpaid losses and claims .$188,523 94
Gross nremiums (less reinsurance) received and re-
ceivable unon all unexpired fire risks runninz one
year or less from date of poliev, including Interest
premiums on perpetual fire risks, $1,100,095.32; un-
earned premiums (fifty per cent) .....    ............  $550,047 66
Gross premiums (less reinsurance) received and re-
ceivable unon all unexuired fire risks running more
than one year from date of policy, $2,565,451.23; un-
earned premiums (pro rata) ......     ................ 1,401,889 33
Total unearned nremiums as computed above .1,951,936 99
Salarieq. rents. expenses. bills, aecounts, fees. etc., due or accrued  2,819
31
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement .35,000 00
Total amount of all liabilities except capital .$2,178,280 24
Canitll actually paid un in cash   .................... $1,0100, ON 00
Surplus over all liabilities  .       ................  896,216 68
Suirplus as regards policyholders .......    ...........................
1,896,216 68
Total liabilities .                                         $4,074,496 92
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
Tli foro Docenibor 31D 1911.                    .    $,MR,,4d.4.l $. 91.
759
lNTritterl or .-rwoen ed dulnringr the year ..... ..........  283,998,924
3,141,796 28
Fl-~ess ,"f orininal premiums over amount received
for eusurane .............10........................               IO.3=
22
TolalS .....                I                   $04249, -,I7-5 $7.070.99(
90
Deduct those expired and marked off as terminated     222.831.745  2,611,017
75
Tii fore at the end of year 1012 ....   .      $419.653-0302 $4,4n9g.95 05
Dedlluct amount reinsured ........  ....................  71,412.3.53  804.418
50
Net amount in force December 31, 1912 ........$ 34S,241,277 $3,665,546 55