SUBSCRIBERS AT UNITED          STATES "LLOYDS.                   877
BUSINESS IN THE STATE OF WISCONSIN DURING THE YE AR.
Marine and
inland.
G1ross risks written .        $                                       $15,021,
' 00
Less $67,579 risks cancelled, and $6,413.398 reinsurance in compan-
ies authorized in Wisconsin .6,480,977 0(
Net risks written ..............                                 $8,540,931
00
Gross premiums on risks written ..................                      
 $63,00.3 16
Less $2,644.60 return premiums; and $24.839.73 premiums for rein-
surance in companies authorized in Wisconsin .....         ..............
 27,484 33
Net premiums received ........         ...............................  $35,518
83
Losses paid (deducting salvage) .............          .....................
 $11,934 61
Less losses on risks reinsured in companies authorized in Wiscon-
sin ...............................................................     
 4,559 98
Net losses paid ...............     .................................  $7,374
66
Losses incurred ..................      ..................................
 $13,362 34
Less losses on risks reinsured in companies authorized In Wiscon-
sin ...............................................................     
 5.077 68
Net losses incurred ..$8,984 66
UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING        EXHIBIT.                       I
Premiums.
Total premiums ...................... $1,680,908 42 ........
Add unpaid    return  and reinsurancel                 I
premiums Dec. 31 of previous year!        278,35,3 041 .
Total .                            $1,939,261 461 .......... I.
Deduct unpaid     return  and  reinsur-I
ainee premiums Dec. 31, end of thel
year .........                            278,872 231 ........... 1
Balance ... $1,680,389 231 .
Adkd l unearned premiums Dec. 31 ofl                   I             I
lrevious year ...................... 1    699,795 581 .......        1
l_ ~I ,.,
Total ....                         $2,380,184 811 .
Dednet unearned premiums Dec. 31,I
end of the year .................................. ....... ....1
I'remiums earned during the year ..I .............. 1 $1,820,419 161.
UNDERWRITING PROFIT AND
LOSS ITEMS.
Agents' balances and bills
receivable not admitted               1
Dec. 31, 1911 ........... $47,671 271 ........        1
Agents' balances and'bills              I              1
receivable not admitted               1
Dec. 31, end of the year    43.367 64.                       ....... 1.1
Gain from   above .............        .               1     4,303 631.
tinlierwriting  Income ealned    duringj               I
th   Year ,i ,                               . . . . . . . . i*, *8     
  , 7227 T