PHENIX FIRE INS. CO.


999


UNDERWItITING AND INVESTMENT EXHIBIT -Continued.


INVESTMENT      EXPENSES.        I             I             I
Investment expenses paid during time|
ear ..                          IIIIII         I *  * -  -  -   . -  -  -
- - - - - - - - - - - -
0-4-l frnoivi  investm ent  fliringy  the  yearl ..............I...................


626 2'5
$21,054 62


k" " ...           ... .            - - - - ----   --- --    --
.
I-                      I


MISCELLANEOUS EXHIBIT..
Remittances to home office ........................
Net loss from   above ...........................|
Total gains in     losses   and  surplus
(luring the year .................... ..............
Surplus D)ec. 31, 1911 .................      $ 486,231 21
Surplus Dec. 31, 1912 .................       407,378 03
Decrease in surplus during the year.1 ..............
Totals ... ...




("ain in       Loss in
Surplus.   I   Suirplus.
..............     $50,000  0
*-------------.    $50,000 00
-             *l   -
$21,054 621    $99,913 80
I  -  ... .  '' ' l -   .......
1 ~~~~.....         .  1. ...
78.859 18! ..............
$99,913 801    $99,913 80
I       _ _    .


Per cent of losses incurred to premiums earned, 831.
Per cent of underwvriting expenses incurred to premniums earned, .593.
Per cent of investment expenses incurred to inferest and rents earned. .2)q.
Per eent of total losses and expenses incurred and (ldividlend,; declare(d
to total
income earned, 118.