NORTHERN INS. CO.                              717
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $423,558.27; un-
earnied premiums (fifty per cent) ..... :  .............  $211,779 13
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $752,421.66; un-
earned premiums (pro rata) ........     ...............  402,038 99
Total unearned premiums as computed above .....       ..........  613,818
12
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ........    15,000
00
Reinsurance, premiums    ..........    .................................
 16,614 69
Tofala mount of all liabilities except capital ...............  $698,090
69
Capital actually paid up in cash .....................  $3.50,000 00
Surplus over all liabilities ...........................  255,920 95
Surblus as regards policyholders .......      ..........................
 605.920 95
Total liabilities ....... $1,304.011 64
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
In force on the 41st d(ay of December, 1911 .......... $130,791,549 $1,270,211
75
Written or renewed during the year .92.770.794                       914,490
69
Total .........................................  $223,562,343 $2,184,702
44
Deduct those expired and marked off as terminated       82.835,984   840.918
98
In force at the end of the year .$140,726,3.59 $1,343,783 46
Dedu et amount reinsured .17,838,391                                 167.803
53
Net amount in force .$122,887.968 $1,175,979 93
RECAPITULATION OF FIRE RISKS AND PREMIUMS.
Gross
Year                             ~~~~~~~~~     ~~~~~~pre'miums  0 0  A mount
of
written.         Term.        |Amount,           har-ed,    od     premium
written.                ~~covered.     les e-4             unearned.
insurance.
1912 .     One year or less ...   $39,070,7251  $423,558 27 1-2 I   $211,779
13
1911 ....Two years .........          430,703      4,609 50, 1-4       1,152
38
1912 ....Two years .........          441,248      3,341 44! 3-4       2,506
08
191()    . I Three years           19.......  I q,769,809!  160,161 641 1-6
 1  26,693 61
1911 .     i Three years .......   18,657,0721   154,901 471 1-2  1   77,450
73
1.912 .    I Three years .......   24,683,2771   202,731 821 5-6 1   168,943
19
1909.......! Four years ........      688,3971     5,711 621 1-8  1     
713 96
1910 ..  1 Four years ........        326,9811     2,277 201 3-8  1     
.853 95
1911 ...   Four years........         378,7491     2,793 661 5-8       1.746
05
1912 ....Four years ........          180,7501     1,548 951 78  1     1,355
34
19098......F Five years ........ 1  2,476,18911   29,348 181 1-10 1    2,934
82
1909 ...   Five years ........      3,042,8781    36,926 621 3-10   1  11,077
99
1910 ..    F ilve years  . I... --I  3,590,9991   42,611 381 1-2  1   21,305
69
1911 ..... Five years ........      4.163,9191    48,035 821 7-10 1   33,62,5
07
1912 .     I Five years ........    4,952,2801    57,004 101 9-10 1   51,303
69
I Over five years ....       34,0001       418 261 P. R. I     376 44
Totals ....       , 1 $122,887,9681 $1,175,979 931 ...... 1  $613,818 12