GERMAN     ALLIANCE INS. CO.                           459
BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.
Fire.     |  Tornado.    {   Total.
'Gross risks written ..                   $7,093,007 001   $210,800 001 $7,303,807
00
Less $1,090,651.00 risks cancelled, and                I
$117,067.00 reinsurance in companies                 l
authorized in Wisconsin .1,190,968 00!                    16,750 001 1,207,718
00
Net risks written .............. 1$5,902,039 001    $194,050 001 $6,096,089
00
-Gross premiums on risks written.            $70,982 901     $1,081 071 
  $72,063 97
Less $7,561.36 return premiums; andl
$739.41 premiums for reinsurance inl
companies authorized in Wisconsin.1          8,211 82:1       88 951    
 8,300 77
..et premiums received.........I      $62,771 081       $992,121    $63,763
20
Losses paid (deducting salvage)             $15,969 89          $3 651  
 $15,973 54
Less losses on risks reinsured in com-
panies authorized in Wisconsin.....1        1,370 081 .    ..   ....    
 1,370 08
Net losses paid ..............        $14,599 811         $3 651    $14,603
46
Losses incurred    .........  .............   $9,849 891        $13 651 
  $9,863 54
Less losses on risks reinsured in com-1                I              I
panies authorized in Wisconsin....J         1,375 08,..............     
 1,375 08
--I -            I
Net losses incurred .............      $8,474 811        $13 651     $8,488
46
UNDERWI-ITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.                                             I
Premiums.
Total premiums ...........    ............  $613,319 241 ...........
Add unearned premiums Dec. 31 of                ,        [
previous year .........    .............  438,523 31!..............I..............
- -        ~~~II
Total ........................... $1,051,842 551 ...........    I      .
Deduct unearned premiums Dec. 31,1                     I              I
end of the year ......................    466,074 141..............I..............
I   -         I              I
Premiums earned during the year .............................   .     | $585,768
41
LOSSES.                  I              I             I
Losses paid .......                         $356,389 611 ..........V   ...
Deduct unpaid losses Dec 31 of pre-                    l
vious year ..            ...... 1           98,967 151 .......   .. I.
Balance .....                .....    $257,422 46 .........        I    .
Add unpaid losses Dec. 31, end of the
year .                                     102,244 19 ....... *.1-.*.*.*..
Losses incurred during the year ................... .  I  $359,666 651.
UNDERWRITING EXPENSES. |                            I             I
Underwriting    expenses paid    during                l              l
the year ............................     $191,262 081 .........     I  
  .
Deduct underwriting expenses unpaid                    I              I
Dec. 31 of previous year ............       54,748 911. .-          ---.---
Balance ......................I..     $ 136,513 171 ..   ....... I