1 028            SCOTTISH UNION & NATIONAL INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ......  $57,144 00
Gross claims for losses in process of adjustment or
in suspense, plus $7,825.00; reserve losses in-
curred prior to December 31, of which no notice
had been received on that date ......   ..............  150,325 80
Gross claims for losses resisted ......  ...............  18,310 00
Total .........................    ....         $225,779 80
Deduct reinsurance due or accrued .....        .....   70,400 00
Net amount of unpaid losses and claims .....      ..         $155,379 80'
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year oi; less from date of policy, including interest
premiums on perpetual fire risks, $1,293,223.54; un-
earned premiums (fifty per cent) .....              $646,611 77
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $2,747,718.59; un-
earned premiums (pro rata) ......     ................ 1,486,226 97
Total unearned premiums as computed above .....      ......... 2,132,838
74
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  110,000
00'
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement .........  30,0010
00
Total amount of all liabilities except capital ............. $2,328,218 54
Statutory deposit ............   ..................  $200,000 0
Surplus over all liabilities ....... .................. 3,067,465 52
Surplus as regards policyholders .3,267,465 52-
Total liabilities .$5,595,684 06.
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
In force on the 31st day of December 1911 .......... $536,619,358 $5,134,250
96-
Written or renewed during the year .395,149,597 3,729,205 95
Total ....... $931,768,955 $8,863,456 91
Deduct those expired and marked-off as terminated..  355,604,372 3,469,549
52
In force at the end of the year ............   $576,164,583 $5,393,907 39
Deduct amount reinsured.         ............        152,211,479 1,352,965
26:
Net amount in force ...         .........      $423,93n,104 $4,040,942 13: