AMERICAN INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT.


277




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
-UNDERWRITING PROFIT AND
LOSS ITEMS.
Gain from agents' balances pre-
viously charged off .............
Loss from agents' balances charg-
ed off ..........................
Loss from   above .............
Agents'   balances   and
bills receivable not ad-
mitted  Dec. 31, 1911 $47,976 27
Agents' balances and
bills receivable not ad-
mitted Dec. 31, end of
the year ............. 46.(022 3S
Gain from above .................
Gain from underwriting profit and
and loss items .................
-Underwriting income earned dur-
ing the year ...................
LOSSES.
-Losses paid ......................
Deduct unpaid losses Dec. 31 of
previous year ..................
Balance   .................
AAdd unpaid losses December 31,
end of the year ..............
Losses incurred during the year
UNDERWRITING EXPENSES.
Underwriting expenses paid dur-
ing the year ..................
"Deduet underwritiHg expenses un-
paid Dec. 31 of previous year..
Balanee   ..................
Add   underwriting  expenses   un-
paid Dec. 31, end of the year..
-Enderwriting expenses incurred
during the year ...............
-Underwriting losses and expenses
Gain from underwriting during
the year .......         .


$3,934,061 69
4.513,549 97
$8,447,611 66
4,780,327 23
..............




I
.i
i
I


..............
..............
..............
..............
$3, 667, 284 43




I
I




. . . . . . . . . . . . .
.............
.............
.............
.............


$24 36
777 27
$752 91


. . . . . . . . . . . . . .
..............
..............


..............
..............
I.............


1,953 S9


...............


::




$1,878,922 18
294,571 57
$1,5843.50 61
394,449 29
..............
$1, 606,251 90
213,659 49
$1,392,592 41
186.184 53




1,200 98
..............
....S........-.
..............
...........\.
..............
$1, 978, 799 90
...............
..............
..............
.......*......






$3,668,4S5 41
.........  ........
..............
..............
..............
..........@...
..............
..............
..............
..............
..............
3, 557, 576 84t
$110,908 57






I




.......... .....  ,.578,7T6  94
...... .... ....  .... ......  . ........
...... ...... ..  .... ...... ..  . .......