VEDERAL INS. CO.


415


Less risks cancelled ............      ...................................
 70,569 00
00 (i86  n 9   ..S'£$* ...........................................U
Ua41l1M  SlISJI SSOJfD
.puejuu
puu aujauw
BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.
Net risks written .     ............................................. $3,276,416
00
Gross premiums on risks written ..................................      
 $20,519 38
Less return premiums ...........         .................................
 1,581 46
Net premiums received ........          .............................  $18,937
92
Losses paid (deducting salvage) ........         ..........................
 $5,198 71
UNDERWRITING AND INVESTMENT EXHIBIT.
II            II          -
UNDERWRITING EXHIBIT.               l
l              I              I
Premiums.                I
Total premiums .... .     ................. $1,467,970 831 ......       
   ........
Add unpaid     return and reinsurance,                 I              I
premiums Dec. 31 of previous year.        116,150 89l..............I
_ --     I               I
Total ...........................  $1,584,121 721 .
Deduct unpaid return      and. reinsur- l
ance premiums Dec. 31, end of the                    I
year   ...............................    121,542 191..............I
Balance   ............ ............  51,462,579 531.      ..............
Add unearned premiums Dec. 31 of                       I             I
previous year ..........   ............   572,967 621..............
Total ............................ $2,035,547 151
Deduct unearned premiums Dec. 31,                      l
end of the year .........    ...........  615,185 351.
*                  1-    -       ~       ~      ~~~~~~~~~~~~~~~~~~~~~~~~~I
 I
Premiums    earned   during   thel               l             l
year .........................                        $1,420,361 801.


UNDERWRITING PROFIT AND
LOSS ITEMS.
Gain from underwriting income......
Loss from agents' balances charged
off ..................................
Loss from above ..............-
Agents' balances and bills
receivable not admitted
Dec. 31, 1911 ........... $39,767 56
Agents' balances and bills
receivable not admitted
Dec. 31, 1912 ...........  37,548 97
Gain from   above ....................
Loss from underwriting profit and
loss items ..........................
Underwriting income earned during
the year ...........................
14-Ins.-I       I


$61 291..............
2,770 02 ..............
$2,708 73 ..............


..............
..............
..............


*1


1..........I-'I 1,I-.-III-.--..-...i.........
2,218 59 ....              I
l         ~~~~~~~~~~~~~~~~~I
I..............          490 141.
.       .      I                              0
.............. ... ......... l $1 ,419,87X 66