1 168                  i'(rc     (  MJ'LU[ATUA   FIRE INS. CO.
BUSINESS IN THE STATE4] OF WISCONSIN DURING THE YEAR.
Fire.
Gross risks written     ........                        .................
 $291,300 00
Less $64,500 risks cancelled, and $3,750 reinsurance in companies au-
thorized.in this state ..............................................   
 68,250 00
Net risks written ..............................................    $223,050
00
Gross I)remiums on risks written ..................... i         ................
 $4,162 19
Less $412.15 return premiums; and $17.75 premiums for reinsurance
in companies authorized in this state .............................     
    429 90
Net premiums received .......................................         $ 3,732
29
Losses paid (deducting salvage) .........                               
       $99 30
Less losses on risks reinsured in companies authorized in Wiscon-
sill n..                                                         .....  
      15 00
Net losses paid ...............................................         
$ 84 30
Losses incurred ...............$..................................      
       $99 30
Less losses on risks reinsured in companies authorized in Wiscon-
sin ................................................................    
      15 00
Net losses incurred   .........      .................................. 
$84 30
UND)ERWItITING       AND) INVESTMENT         EXHIBIT.
I              I
UNDERWRITING        EXHIBIT.        I              I
Premiums.                 I              I              I
Trotal premiums ......I...                  $174,955 901 ..     . .     
.............
Deduct unpaid return aind reinsurancef                  I
premiums Dec. 31, 1912 ..............          569 151.
Balance   ..........     ...........  $174,386 7.174..
Add unearned premiums Dec. 31, 1911..        164,579 9Sf
Total .       .            .        1 $338,966 731.
Deduiet unearned premiums       Dec. 31,1
1912 ..........................         I  174,735 971 .
Premiums earned during 1912 .......................I       $164,230 76f..
UNDERWRITING PROFIT AND
LOSS ITEMS.
Gain from acents' balances previously!
charged off .........................1         $85 071 .
Loss from   agents' balances charged!                   I              I
off .............................       1        78 551 ...
I         ~       ~~1     1
Gain from    above ...............I..............                  6 52f.
Underwriting    income earned     during!
ing 1912 ......             .           I                      I        $164,237
28
LOSSES.                  I
L osses alaid ......                     I   $S, 7,37 261 ..   ...... .
Deduct unpaid losses Dec. 31, 1911.!           1,554 061 ..      ...... I
Blance..                           1   $57, 1S3 201 ........ 1
Add unpaid losses Dec. 31, 1912 ....... 1      7,950 571 -..
Losses incurred during 1912 ..........                  1   $65,133 771.