568       INSURANCE CO. OF THE STATE OF PENNSYLVANIA.
BUSINESS IN THE STATE OF WISCONSIN DURING THTE YEAR.
FI Fire.       l Tornado.    I     Total
Gross risks written .$10,063,626 78!                    $606,76 0 O01$10,669,386
78
Less $2.607.036.17 risks cancelled, and
$33,055 reinsurance in companies au-
thorized in Wisconsin ......2,565,526 171               74,565 00! 2,640,091
17
Net risks written         . ..............$7.498,100 61  $531,195 (J01 $8,029,295
61
Gross nrimiums on risks written ...1      $130,212 381    $4,564 891   $134,777.27
Leqss $24,521.06 return premiums; and
$424.24 premiums for. reinsurance in
companies authorized in Wisconsinl        24,504 141       441 161     24,945
30
I                        -
Net premiums received ...          $ 105,708 24!     $4,123 731  $109,831
97
Losses paid- (deducting salvage) ...I      $80(633 481    $4.143 401    $84,776
88
Losses incurred      .      .      .... l $73,337 671     $1,828 11I    $75,165
78
__     _              _    ~     ~~I     Ii
UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.
TotalI nremiums, $2,227,715.29 less $23,-!
720.25 .. 1$2,203, 995 041 ............ 1
Add unea rneTI premiumq Dee. 31 ofl
previous year, and $431,362.61 re-!                t             t
claimable  on   perpetual Insurance!   2,156,083 431 .I
Total ...........................V N4,360,078 471             I
Dedlet unearned premiums Dec. 31,!
enid of the year, and $416,784.94 re-!
elaimable   on  perpetual insurance!   2,192,245 24! .
Premiums earned during the year       .............. $2,167,833 231.
TJNDERWRTTTNG PROFIT AND               I
LOSS ITEMS.
LoF-q from    agents' balances chargedl             1             I
off..                                     $3,785 831 ....... I          .
Agents' balances and hills            i             t
roceiva ble not admitted             i                           t
Dee. 31. 1911 . ...........$ 2,395 831 .           I
Ag ents' hblances anid hlls            i                            I
poeeieb-ble not admitted
Dec. 31, end of the year 2,910 67! .               I
Lcss from      above ..............     1      514 841 ...........  1-
I             II
Loss from      underwriting  profit andl
loss items ......... .                           i       4,300 67!.
TVpriorwritingr income earned   during!
the year ......                          ...                    $ $2,163,532
56