490


GERMAN FIRE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT.


UNDERWRITING EXHIBIT.              |
Premiums.                I
Total premiums ..............       .  1   $298,982 771 ...........
DeducLt unpaid return and reinsurancel
preinuims Dec. 31, end of tile year...         84 94 .
Balance .                            $29S,897 :33.
Add unearned    premiums Dec. 31 of                   I
previous year .                           254,942 431 .
Total..                              $553,840 261 .
Deduct unearned premiums Dec. 31,1          2
end of the year ......................    269,049 221
Premiums earned during the year..... .............. 1    $284, 791 04
UNDERWRITING        PROFIT AND        l             I
LOSS ITEMS.
Gain from agents' balances previouslyl          $
charged off ...........   ..............      $17 201
Loss from agents' balances charged offl        131 171.
Loss from   above ......................       $113 971.
Agents' balances and bills
receivable nat admitted              i              |
Dec. 31, 1911 ....   ......  $1,460 321. .- 1..............
Agents' balances and bills
receivable nat admitted              I
Dec. 31, end of the year..   1,344 741 ...     ... .         .
Gain from   above ...............    .          115 581.
Gain  from   underwriting   profit andl
loss items ........ .                                          1 61
Underwriting   income earned    duringI         -
the year .....                        .              .
LOSSES.                 I
T  -----  --in                             Q1l(90  fifl   QQ1l


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11 .......
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Deduct unpaid losses Dec. 31 of pre-1
vious year ......................         29,585 481 .......
Balance .....                    1  $140,378 501 .........     I
Add unpaid losses Dec. 31, end of the                I             I
year ................................     28,721 911 .......       I.   
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I       I~~~~~~
Losses  incurred   during  the  year ...... ..............  $161,100   41
 .............. ......1$6,0 1
UNDERWRITING EXPENSES.
Underwriting expenses paid      duringl i  $
the year .....                       I  $146,711 091  ......... I.      .......
Deduct underwriting. expenses unpaidl                I             I
Dec. 31 of previous year .............     3,625 001 .........     I
Balance   ..       .......          $143,086 091 ............ I     .
Add   underwriting   expenses   unpaidl           0
Dec. 31, end of the year ............ .    3,600  1.