9l0.0


BRITISH AMERICA ASSURANCE CO.


Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ............       ...................................
 3,394 38
Inspections and surveys ..........        .................................
 1,612 91
State taxes on premiums ..........         ................................
 11,573 00
Insurance department licenses and fees ............................     
  10,506 71
All other licenses, fees and taxes: Municipal... ....................   
  11,671 31
Other disbursements:
Exchange ..............                                    $1,138 82
Water and ice .114 52
-       1,253° 34
Remitted to home office .............................................   
  10.584 68
Total disbursements .......................................... $1,050,983
98
Balance .............     .................................... $1,800,836
44


LEDGER ASSETS.
Book   value  of bonds, $1,322,021.38,   and   stocks,
$60,870.00  .....                                   $1,382,891 38
Cash in branch offce      .     ........   $9,267 57
Deposits in trust companies and banks
on interest ...........  ...............  228,526 53
237,794 10
Agents' balances representing business written sub-
sequent to October 1, 1912 ..............             ............  177,194
89
Agents' balances representing business written prior
to October 1, 1912 ..........   ........................  2,956 07
Total ledger assets .$1,800,836 44
NON-LEDGE'R ASSETS.
Interest acneled on bonds .........................................    21,
051 39
Gioss assets .$1,821,887 83


DEDUCT ASSETS NOT ADMITTED.
Ag>enlts' balances, representing business written prior
to October 1, 1912 .................................. $ 2,9!56 (07
Bnook value of ledger assets over market value: Bonds
and stocks .72,307 05
75,26,3 12
Total admitted assets .$1,746,624 71
LIABILITIES.


GCossq (cKila s for los'os inl o,'roess of sad justment or
in suspense, plus $24,657.00 reserve for losses in-
eurred prior to December 31, of which no notice
had been received on that date .....................
Gross claims for losses resisted......................


$111,929 S4
20,700 00


TI'ot l.. ................    ..............   $1.2?, ?S- 9t
Deduct reiinsurance due or accrued ........ ..........  25,1028 00
Net amount of unpaid losses and claims..
(Gross 1)m emiums (less reinslurance) received and re-
(Civable upon all unexpired fire risks running one
year or less from (late of policy. ineludinz interest
premiums on perpetual fire risks, $781,621.33; un-
earned premiums (fifty per cent) ...................$ 390,810 66
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks runninz more
than one year from date of policy, $1,146,413.33; un-
earned premiums (pro rata) .602,421 52
Total unearned premiums as computed above................


$107, 601 SI


$993,232 IS