1078


INDEMNITY MUTUAL ASSURANCE CO.


INDEMNITY MUTUAL MARINE ASSURANCE COMPANY,
LTD.
London, England.
U. S. (Oflice, 3 SOUTH WILLIAM STREET, NEW     YORK CITY.
[Admitted 1S96 1
Attorneys, HIGGINS & CO.
CAPITAL STOCK.
Statutory deposit ..................................... $200,000 00
Amount of ledger assets December 31 of previous year ........... $474,350
59


INCOME.
Marine and
(Groi;s pritinins                                   inland.
(ross yz elwilllls ~~~~~$467,96 7G 3
D)educt gross aml1ount paid for reinsurailce, -marine
dand iuland, $88,33:5.35; return premiums, marine
""d imll lu-d $1,655.2. .119,990 61
lot,-1 premiums (other than perpetual) .....................
Gross interest on bonds and dividends on stocks ....  $13,40 00
Gross interest omi deposits iii trust companies and
baiiks .                              .               1,270 91


$347,978 12




'Total gross interest and rents .......      ........................  14,670
91
Total income .    .................................................  $362,649
03
Total footings ......................................;..$836,999 62


DISBURSEMENTS.
Marine and
inland.
'ross anmountl paid policyholders for losses ....  ...  $228,867 80
1)edniet aintominit received for salvalge, marine and in-
1n,11d, t;52,220-.95; reinsurance, amarine and inland,
$ 2 ' 1 2,3.7 8 ............................................  94,334 73
Not amount paid policyholders for losses .....        ....       $134,533
07
E1"xpentses of adjustment and settlement of losses ....            
      2656 81
(omnmnissions or brokerag-?e .......................... ............... 
35,514 85
Sal.1rires lois .d al other chare ges of officers, directors, trustees
.11md hiomne office employes ........................                 10,200
00
tenlt-s  .......................................      ,1, 200( t0
Advert ising, printing, and stationery ........................         1,411
75
Postfi',g,( tele,,rais. telephone amind express ..........................
 462 22
Le(?'l expenses ............188 7....................                   
 _188 47
'turnmiture and fixtures, various office expelses .............9 28 92
Fire department,; tire patrol mlind salvage corps assessments, fees,
t1.mxes and expeneII  ...............................................   
    64
lnspectione. intl rveys ............................................    
 3 78 40
State   t x(   on   p e i s .........................................tate
tx on i s8   379 2( 0
Insurance dnlepartIment licenses an1l1d fees.... .2, 108 6.
All other leenses, fees andl taixes: Federal corporation tax .566 82
Other disbnrsemnenits: lIelenitted to homne office .....................
 113,821 44
Total disbursenients .........      ................................  $12,350
82
B               lance .$524.648 80