840                         TEUTONIA INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ........  $6,515 00
Gross claims for losses in process of adjustment or in
suspense, plus $4,500; reserve for losses incurred
prior to Dec. 31, of which no notice had been re-
ceived on that date ..................................  42,587 79
Gross claims for losses resisted ......................  5,000 00
Net amount of unpaid losses and claims .....................  $54,602 79
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, $629, 906.75; un-
earned premiums (fifty per cent) .....     ...........  $314,953 37
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $580,143.88; un-
earned premiums (pro rata) ........................  322,230 14
Total unearned premiums as computed above...'                 637,183 51
Dividends declared and unpaid to stockholders ............. .........   265
00
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued..
 200 00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ..........  5,500
00
Commissions, brokerage and other charges due or to become due to
agents and brokers .......................   I  ......................  1,000
0f0
Return premiums, $300; reinsurance premiums, $3,000 ..............   3,300
00
Total amount of all liabilities except capital .................. $702,051
30
Capital actually paid up in cash ...................... $250,000 00
Surplus over all liabilities ...........................  165,116 91
Surplus as regards policyholders ...................................  415,116
91
Total   liabilities  ..............................................  $1,117,168
 21
RISKS AND PREMIUMS.
Gross        Marine         G ross
Fire risks.   premiums     and inland    premiums
thereon.       risks.      thereon.
I             1I
In force Dec. 31, 1911...  $90,955,3231 $1,255,606 231.   ............. ..............
Written   or   renewed               [ I          I
during the year ......|  78,087,8101 1,200,010 411   $3,035,1341  $19,175
67
Total ...           $169,043,1331 $2,455,616 641  $3,03        $19,175 67
Deduct those    expiredl             I
and marked off as ter-I            I                          l
minated .....           71,738,5091 1,155,285 211     3,035,1341   19,175
67
In  force  at thel
end of the yearl   $97,304,624 $1,300,331 431............ I..............
Deduct   amount    rein-l            l             I            I
sured .I.            l    5,614,2821    90,280 S01 ................ ...........
I             I           I    .                    _
Net   amount    inl                          I
force .-.          $91,690,3421 $1,210,050 631 ..............
I             I            !     ._                 _