542      MUT. COS. MAINTAINING UNEARNED PREMIUM RESERVE.
BUSINESS IN      WISCONSIN      DURING     1912.
Fire.
Gros~s risks lwritten ......................                            
 . ..........................  $183,783 0o
Liess risks cancelled .............                                     
   15,550 00
Net risks written ........................                          $168,233
00
Gross Ipremin ins on risks written .     ........................;. $2,341
95
less return premliumis .       . .........................              
     185....  18.. . .
Net preimiums received .......................................        $2,156
77
Losses pjaid (deductiiig salvage) .............................         
   $159 30
IJNDERWXRITING AND TNVES--,TMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.
Total premiums ...                            $2,156 771    .    ...    .......
Add unearned premiums Dec. 31, 19111           1,342 79! -.-.    ...  .............
Total ...................          1    $3,499 561 .......         ..............
Deduct unearned     premiums Dec. 31,!
1912 . .......              ....              1.220 901. ..        .
I-        ~II
Prem~iunls earned   clrinlg 1912 ......... ................11 $2, 278 661
.......
Underwriting Profit anid Loss Items.1                   I
Agents' balances -and bills receivable!                               1
not admitted Dec. 31, 1912 .......... ..............          500 38..
U)nlderwriting  income earned    durinigl
1912 ................................ ....................... . .    I  
 $1,778 28
Losses.
Losses paid ..      .      .      .     ................ 1     $159 301.
Tinderwvriting Expenses.         1
Under-writing   expenses   pai(l during!
1912 2 .................................     1              1,093 481.
Underwriting losses aind expenses.         ..............   .......l.!  
    1, 252) 78
(I