NASSAIJ & DUTCHVSS FIRE INS. 00.                        639
UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.
Total   )reiniulns ..............,...    $766,022 W99j. . ......I..............
,Anud Un1paid relturu and reinsuranceI
premilums Dec. ;10 oi irevious yearjl    2,729 531 ......       I..............
Total ......$7-.-8..--- 1          $768,752 52i .... ........-I...........
Deduct unpaia return and ' reinsur-I,
alice pieupums Dec. 31, end of thel
year ...................      ......      2,948 701 *............. I..............
Balance ..... I                    $75,803 82...        .     I    ........
Add unearned preiniums Dec. 31 of                  I             I
jeious 3a:..                           629,297 451 .............. I..............
Total ...                        $1,3,101 27j ........... I
1)educt unearned premiums Dec. 31,1                I             I
ena of tae year ...................1   580,516 171j. ...................
Premiums earned during the year ...-..............1   $814,5851 101.
UNDERWRITING PROFIT AND
LOSS ITEMS.
Gain  from   agents' balances  previ-i             1             I
ously cllargedl ot ..................      $21 381 .      ..  . .
Loss irom   agents' balances chargedj              I
off .......................,.       I       39 541 .
Loss from above ..............        1      $18 161 ....         ..............
Agents' balances and bills
receivable not admitted            I             I             I
Dec. 31, 1911 ...........  $1,295 5S1 ....     ... .
Agents' balances and bills           I
receivable not admitted            I             I             I
lDec. 31, end of the year     750 201 ....        .             .
Gain from above ..............                545 381 ............. |
Gain from   underwriting   profit andl                           I
loss items ..           ..... I                          527 221.
Undertwriting income earned during[
the year ......-. I.                             ..              $815,112
32i
I         I   .I
LOSSES.                              I             I
Losses paid ..........         .        $483,506 421 ....................1
Deduct salvage anld reinsurance re-I               I
coverable Dec. 31, end of the year .1.    2,193 751 ......      1
Balance ; ..          .... I $481,312 671 ........        . i.
Add salvage and reinsurance recov-1                i
etable Dec. 31 of previous year *                                       -1
. 980 341 1.. .
Total ..       .                   $482,293 01 ..........         I.
Deduct unpaid losses, December, 31 offl            I
previous year ...................   I    91,257 221 .............. .
I             I
Balance ......                     $391-,035 791 ............. I........
Add unpaid losses December 31, endl                I
of the *year .......                    87,285 041 .............
Losses incurred during the year       .....   .   . 1. $478,320 831.