948                LONDON ASSURANCE CORPORATION.
LIABILITIES.
(iross losses adjusted and unpaid (due, $22,847.74; not
yet  dle.  $9,443.00)  ............ ........................  32,290  74
O       c ss>laims for losses in process of adijustment or
In suspense, plus $2,292.00 reserved for losses In-
curred prior to December 31, of which no notice
h1ad heeii received on that date ...... ............  428,835 (10
Gross claims for losses resisted ......  ...............  19,026 (0
Total ..                                         $480,151 74
Deduct reinsurance due or accrued .......   ..........  81,256 00
Net aimount of unpaid losses and claims ......     .............  $398.895
74
Grooss premiums (less reinsurance) received and re-
ceivaqble upon all unexpired fire risks running one
year or less from date of policy, including interest
prmemiums on perpetual fire risks, $1,381,679.21; Un-
earnned premiums (fifty per cent) .....  .............  $690,839 61
Gross plemiums (less reinsurance) received and re-
ceivalble noon all unexpirea fire risks running more
than one year from date of policy, $2,615,129.39; un-
earned premiums (pro rata) ......1............    I,427,0,36 918
Gross premiums (less reinsurance) (cash and   Hills)
meceived and receivable upon all unexpired inland
navigation risks, $29,780.57; unearned premiums
(fifty per cent) ...........   ....................   14,890 29
(Dross premiums (less reinsurance) (cash and bills)
rpeeived and receivable upon all unexpired marine
risks. $1.31.873.17. unearned premiums (50 per cent)  65.936 58
Gross premiums (less reinsurance) (cash and bills)
received and receivable n1Don all unexpired marine
risks, $54,589.513; unearned premiums (100 per cent)  54,589 53
Total unearned premiums as computed above .2,253,292 99
Sal0arieq. remts. expenses, bills. .accounts, fees, etc., due or accrued
 6,081 59
Elstinmato(1 amount bereaefter payable for federal. state and other
taxesswq lbased u1pon business of the year of this statement .........  69,545
82
('nammuisions l)1bokerlrne and other charges due or to benome due
to .ag'tents -.11( brokers .                                      17,275
6 4
Return premiums, $49.17; reinsurance premiums, $60,414.38 .......    6 0,463
55
Total amouint of all liabilities except capital ..so ...     25^58 26
Sttltlotory (deposit .............2................   $200,0   )
S.,urilus over all liabilities .......................  846,380 36
Siurpluis -s regards policyholders .......   .......................... 1,046,380
36,
Totaml liabilities ...........................$ .................. 3,851,938
62
RISKS AND PREMIUSIS.
Gross        Marine         Gross
Fire risks.   premiums     and inland    premiums
thereon.       risks.       thereon.
In  force on    the 3lstj
(1dy of Decemiber, 19111 $385592,3611 $4,182,i039 651  $53,152,7451  $3,06,356
69
Written or renewed dur-!             I             I            I
lug the ye1ir ........2 85,734,8001 3.135,334 11   353,948,7161 1,291,433
0(8
'T'otl ..        $... I  $671,327,161! $7,317,373 761 $407,101,4611 $1,597,789
77
e(lieut those     expciredl
a9nd  marked     off as!
termimmated ..........   245, 106, 326' 2,794.360 831  354,017,6081 1,357,891
72
*           I          l   l           I
In force  at thel              I                          1
end of the year!  $426,220,8351 $4,523,012 931  $53,083,8531  $239,898 i05
Deduef   amount   rein.-             I            1             I
ssured .         .     1  45', 783,0781  526,213 331  5,154,8931   23,654
78
1-    .       II                         f.
Net amount in forcel $380,437,7571 $3,990,799 001  $47,928,960-1  T216,243
27
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