668


NATIONAL UNION FIRE INS. Co.


LIABILITIES.
Gross losses adjusted and unpaid, not yet due.......
Gross claims for losses in process of adjustment or
In suspense, plus $14,500.00 reserve for losses in-
curred prior to December 31, of which no notice


$31,547 39


hna been rece1ed on that dlate ....................  202.203 04
Gross claims for losses resisted ....................... . 44,105 75
Total .........  .................................  $277,856 18
Deduct amount reinsured .......     .....................  93.939 24
Net amount of unpaid losses and claims .....................  1 $S3,916 94
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $1,098,186.49; un-
earned premiums (fifty per cent) .....              $549,093 24
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $3,176,059.17; un-
earned premiums (pro rata) ........................ 1,797.901 04
Total unearned premiums as computed above ................ 2,346,994 2S
Salaries, rents, expenses, bills, accounts, fees. etc., due or accrued. 
500 00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ........  60.,000
0)
All other liabilities: Funds held under reinsurance treaty ......    77,089
21
Total amount of all liabilities except capital ................ $2,668,500
43
Capital actually paid up in cash ................     .......... $1,000,0
00  43
Surplus over all liabilities ...........................  545.227 16
Surplus as regards policyholders .................................... 1,545,227
16
Total liabilities .............................................. $4,213.727
51)


RISKS AND PREMIUMS.
Fire
risks.
In force on the 31st day of December, 1911 ........ $405,083,813
Written or renewed during the year ............... 344,281,970
Excess of original premiums over amount received
for reinsurance ....................................
Total ........................................  $749,365,783
Deduct those expired and marked off as terminated   279,013,512
In force at the end of the year ............... $470,352,271
Deduct amount reinsured .......     ..................  115,697,224
Net amount in force ......................... $354,655,047


Gross
premiums
thereon.
$4,917,295 02
4,169,209 14
15,390 43
$9,101,894 59)
3,396,137 18
$5,705,757 01
1. 431,511 35
$4,274,245 66