AGRICULTURAL INS. CO.
UNDERWRITING AND) INVESTMENT EXHIBIT.


251




UNDERWRITING       EXHIBIT.
Premiums.
Total premiums .................
Add unpaid return and reinsui-
aiice premiums Dec. 31 of pre-
vious  year  .................
Total .....................
Deduct unpaid return and rein-
surance premiums Dec. 31, end
of the yeair......................
Balance  ..................
Add unearned premiums Dec. 31
of previous 3 ear ...............
Tota-l  .........
Deduct unearned   premiums    DTec.
31, end of the year...........
Premiums earned during the year
U 'NDEXRWRITINC PROFIT AND
LO.JSS ITEMSVI!t.
Gain from agents' balances pre-
viously charged off ...........
Loss from agents' balances charg-
ed off, $1,267.20, and from other
u n d e r writing  disbursements
$32,192.60  ......................
Loss from    above................
Agents'   balances   and
bills receivable not ad-
mitted Dec. 31, 1911... $4,135 43
Agents'   balances   and
bills receivable not ad-
mitted Dec. 31, end of
the  year  ........... 6,607 27
Loss from above .................
Loss from underwriting profit and
loss items .....................
Underwriting income earned dur-
ing the year ...................
LOSSES.


S. 8.34 47,
71,7209,542 03i
2,010,181 42 I
$3, 739,723 45
.0,0 6675 93
* ......-.......


....... . . . . . . . . . . . . .
* . . . . . . . . . . . . .
$1,,663,047 52


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


$2,00' 00 !............. I..........


33.39  S0  ..............
$33,199 80  ..............


2.531 84   ..............
I                I,. . . . . .  .


.............. .       . 1  35,731 64


$1,627,315 88


Losses paid .....................      $829,702 72
Deduct salvage and reinsurance
recoverable Dec. 31, end of the
year . ..                              2,994 30
Balance   ..$.....              826,708 42
Add salvage and reinsurance re-
coverable Dec. 31 of previous
year .             ......                1,486 41
Total   ....      .. . , . .    $828,194 83
Deduct unpaid losses Dec. 31 of
previous  year   ................     144,273 76
Balance   ................    $683,921 07
Add unpaid losses December 31,
end of the year ................       167,997 19
Losses Incurred during the year ..............


I.............. I...............


..............  . . . . . . . . . . . . . .
..............  ..............
II


-.-.....-..-..-... -


........ . . .... ..  .. .. ..  .. . .. . .. .. . .. .
......... .. .. . .. .  .. ..  . .. . .. . .
........ . . ..... .. .. .. .. . . . .. .. .. .. . .. .
.............................. .. .-
$851,918 26     ..............