PHOENIX INS. CJO.


761


D)EI)UCT ASSETS NOT ADMITTED.
Agents' balances, repre'SC1'lting l)usiness written prior to Oetober 1,
112..............................................................       ,831
87
Total admitted assets ........      ............................... $118,1,81049
41
LIABI LITIES.
Cress' losses adJlust(d an1(d uiLnpaLi(d not vet due ........  $246,7GG6
19
(Gioss claintls for losses in process of adjustment, or
in suspense, plus $26,348.22 reserved for losses in-
curre(l prior to December 31, of which no notice
had l)een received on that date .......  ..............  977,575 37
Gross claims for losses resisted .....    ................  31,226 41
Total .   ..........................................  $55,567 97
Deut enurance due or accrued.0 6 ~
D~educt reinlslla c  (lu  o  c ru l  ................................  70,566
 63t
Net amount of unpaid losses and claims .....$..............     485,001 31
Gross premiums (less reinsurance) received and re-
ceival)le upon all unexpired fire risks running one
year or less from  dlate of policy, including interest
premiumms on perpetual fire risks, $3,276,815.71; un-
earned premiums (fifty per cent) ...........     ... $1,638,407 86
Gross premiums (less reinsurance) received and re-
ceivalble upon all unexpired fire risks running more
than one year fromr date of policy, $6.033,034.32; un-
earned premiums (pro rata) ......      .................  3,337,549 41
Total unearned premiums as computed above ......       ......... 4,973,957
27
Salarlies, rents, expenses, hills, accounts, fees, etc., due or accrued 
3(1,0(10 (1)(
Estimnated amnount hereafter p.ayable for federal, state, county and
municipal taxes due or accrued .160,()00 00
Total amnount of all liabilities except capital    .$3,6530, 9.38 1
Capital actually paid up) in cash .......... ........... 0,00.0(1(1) o0
Surplus; over all liabilities ........................... 4,15t3,090 8(
Surplus as regards policyholders ..................................    15
,, , 15, 80
Total liabilities ............................................. $11,806,014
41
IRISKS AND PREMIUMS.Gro
(8ross
premiums
Fire risks.    thereon.
Ill force oil the litst davy of D)ecember, 1911 ........ $1,0 1,7,003,036
$1,0,478,593 43
Written or renewed (dIring the year .819,891,999                    7,288,083
68
Ex\cess of original premiums over amount received
for reinsurance ...................................                 1-:57,693
99
Total ...                                      $1,806,988,026 $17.924.371
12
I)educt those. expired atned marked off as terminated  788,578,842  7,l175.G4.,
22
In force at the end of the year .8              1,4078,409.184 $10,74,S8S3
90
Decduct amount rein.sulared .110,583(188                            1.168,003
20
Net amount in force ..........................   $967,824,096 $9,380,882
70