842


4  TEUTONIA INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT.


IJNDERWRITING EXHIBIT.
Premiums. I
Total premiums .................     1
Add uni)aid return aind reinsurancel
preminims Dec. 31 of previous year.
Total ...........................
Deduct unpaid return    and reinsur-1
aince premiums Dec. 31, end of thel
year .................
Balance ..............
Add unearned premiums Dec. 31 ofl
previous year ........................
Total ......................
Dweeduct unearned premiums Dec. 31,1
end of the year ..............   .
Premiums earned during the year ....
UNDERWRITING PROFIT AND
LOSS ITEMS.
Agents' balances and bills receivable
not admitted Dec. 31, 1911 ..........
Agents' balances and bills receivable!
not admitted Dec. 31, end of the year!
1-
Increase from above ................. I
I
Underwriting income earned duringl
the, year .     .............


$885,639                 I
-                .
$888,939 471 .............
3,300 001-........I.....
_   ~     ~~~ I
$885,639 471 ......       ..............
595,887 921 .......      I
-_ ______  -   I
$1,481,527 391 ..........   I    .
637,183 511 .........
. .............  $844,343 881     . .............


$2,359 96j ......        i
1,472 501 ......        I    .


887 46


5R4r. 921 a4


...   ... .... ... ... .... ... .  . .... ... ... ..............
*         ~~~~~~I       I            I
LOSSES.               I             I            1
Losses paid ............j              $490,923 611 .........   -.      
.
Deduct unpaid losses Dee. 31 of pre-I             I            I
vious year .1 57,495 001                                    . .
Balance ......                 1  $433,428 611 .........   I    .
Add unpaid losses Dec. 31, end of thel            I            I
year .                                 54,602 791 ............ I    .
Losses incurred during the year ......II.............. l $488,031 401.
UNDERWRITING EXPENSES.           I .           .
Underwriting  expenses paid duringl               1
the year .....                     1 $337,166 381f -----1---..
Deduct underwriting expenses unpaidl              I
Dec. 31 of previous year ............   6,700 001 ........!    .--
Balance .    ....              1  $330,466 38! ......... I       .
Add   underwriting expenses unpaidl               I            |
Dee. 31, end of the year ............ 1  6,700 00o1 ......
*         I_~~~~~~F   -I
Underwriting expenses incurred dur-I
ing the year .                     .                337,166 38!.
Underwriting losses and expenses ................................  8 825,197
78
Increase from   underwriting 'duringl             I
the year ............................$I............... .------I-------- 
20,033 56