CENTRAL NATIONAL FIRE INS. CO.                            329
UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.                1              1
Total premiums .........        ........   $469,560 091 -.            I..............
Add   unpaid   return and   reinsurancel               I              I
premiums Dec. 31 of previous yearl         25,055 431 .........      1
Total   ............. ............. I  $494,615 52 ..
Deduct unpaid return and reinsur-
aiice premiums Dec. 31. end of thel
year .........              .               11,514 86 .
Balance ........                     $483,100 661 .
Add unearned     premiums Dec. 31 of!
previous year ......................1     275,919 371 ........       I..............
I-I
Total ...........                 I...... 1  $759,020 031 ...............
Deduct unearned premiums Dec- 31,1                     I
end of year            ..... 1             323,662 201 ...........   I
I              I              I
Premiums earned during the year...I.......                $435,357 83!........
UNDERWRITING PROFIT AND |
LOSS ITEMS.
Loss from    agents' balances chargedl
off ......... !                                $92 20! ..          .    
  i.
Agents' balances and bills                             1
receivable not admitted                              I              1
Dec. 31, 1911 .$2,687 47 .............. .             ...........................
Agents' balances and bills                             I              I
receivable not admitted               I                             1
Dec. 31, end of the year      2,456 461 ......        .    ..
Gain from   above .....................         231 01 ...            I
Gain from    underwriting, profit and                  I              II
loss items ........          .         .............         137 811.
Underwriting    income earned    during   .   .    .
the    year  .....  1 ........... ...........         ..............{  $435,495.
 64
!        ~              ~~~ I
LOSSES.
Losses paid .......      ...3              $321,648 85! ............. I............--
Deduct salvage and     reinsurance re-I                I
coverable Dec. 31. end of the year ..       1,803 771 .      .....
Balance.                          1 $319,845 081 ......... 1
Add salvage and reinsurance recov-                     I              I
erable December 31 of previous year I       3,063 551 .........      1
Total .........                      $322,908 631 ...........   I
Deduct unpaid     losses December 31                   1             I
of previous year ...          ....          39,571 941 ........... I    
 .
.          ~      ~I      I
Balance .......                      $283,336 691 .........      I.
Add unpaid losss December 31, end                      I              I
of the year .........................      51,725-  4               1..............-
Issn re di teyr.. I
Losses incurred during the year .................... .............. ............1
$335, 062 531 .......