1158


FARMERS FIRE INS. CO.


UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.                                              J
To'tal  premiums  .......................  ..... $522,849   3811 ...........
.  ...............
Add unearned premiums Dec. 31, 1911,3
and $2,846.09 reclaimable on perpet-l
ual insurance .        .................. 499,079 281. -...1.499.079.2.....
Total ....                       . $1, 021. 928 661 ............. I .-
Deduct unearned premiums Dec. 31,1                                   1
1912, and   $2,770.00 reclaimable  on1
perpetual insurance ................1      499,687 58 !.           I..............
Premiums earned during 1912 ..                 ,        l $522,241 08!.
UNDERWRITING PROFIT AND
LOSS ITEMS.
Gain from   agents' balances previously|
charged off, $25.94, and from   otherl
underwriting income, $423.40 ........ 1      $449 34! ......         1. 
 ,   ..
Loss from      s gents' balances charged!
off, $1,286.31, and from  other under-!
writing disbursements, $80.00 .......        1,366 311 ......        I
Loss from above .............             l    $916 971 .....          I
  .1
Agents' balances and bills              I
receivable not admitted
Dec. 31, 1911 ............ $3,820 921 .......         I             I   
.     .
Agents' balances and bills
receivable not admitted
Dec. 31, 1912 ............ 1,079 111 ......           1            1
Gain from   above ..............       l       2,741 811 ............  -.1
Gain   from    underwriting  profit andl
loss items .......                       1.         . 1    1,824 841.
t~~~~~ I1
ITnflerwriting  income earned    duringl              I               I
1912 .. I                                            .            .. , $524,065
92
LOSSES.
To, 0s se s I ..........................$1303,700 731 .............. I  
    .
Deduct unpaid losses Dec. 31, 19l1 ....!     59,562 301 .........     l
Balanee ........................ l    $2a. 2199 AR I ......... .
Add unpaid losses Dec. 31, 1912 ......1       57,813 86! .........
Losses incurred during 1911 ..........$I..          ...I  $302,042 291.
*                I   '          t     ~      ~~~~~~~~~~~~~~ I
[TNDERWRITING          EXPENSES.
Tndorvwriting   exuenses   paid    duringi            I
1912. less one-eighth per cent mean!                 I
invested assets ............           $ 1$223,293 95!1 .........    1
Doduct innclorwriting expenses unpaidl                I
Dec. 31, 1911 .........              1       4,000 00! ......        1. 
     .
Balanep .....                     1$219,293 951 .........        1
AMd     under-riting    expenses  unpaidl              I              I
Dec. 31, 1912 .........              1       6,845 28! ......       .   
.1
Tnderwriting expenses incurred dur-l
ing 1912 ............................. 1                226,139 231.
Underwriting losses and expenses .... I.............. .............. 1  
 528,181 .52
Loss from  undewriting   uring 191. .............I.............         4.5I
 I  6
Loss from underwriting during 1912.j ..I...... ......... $4.115 60
1=  -     …   -  - - - - -    …     …  -   -...........
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