STANDARD FIRE INS. CO.


81.7


UNDERWRITING AND INVESTMENT EXHIBIT
U NDERWIAUTING       EXHIBIT       I
Premiuhas.
Total plremiums . .....................   $438, OS 53!...
Deduct unpaid return and reinsurance!                I
premiums Dec. 31, end of the year ...!    11,285 101
Balance .                           $426,823 431 .
Add unearned premiums Dec. 3:1 of!                   I
previous  year .................... 1    216,429 681.
Total  ............. .............. $643,253   11 .......... ....
Deduct unearned premiums Dec. 31,
end of the year          .          .1 332,988 50 .
Premiums earned during the year ....................l   $310,264 61




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UNDERWRITING PROFIT AND
LOSS ITEMS.
Agents' balances and bills
receivable not admitted
Dec. 31, 1911 ..........    $24 301.
Agents' balances and bills
receivable not admitted
Dec. 31, end of the year.    175 861.
Loss rom   underwriting  profit and!
loss items .......           I      1
Underwriting income earned during!
the year .


151 56


0 -9 1 n   -1 -1 1   n f


...... ........ .   I
LOSSES.!                                        I
Lossespi .............                    ,1 .
I~ose~spai ..........................1  $168,414   331 .. . ......... I.
. . . . . .
Deduect salvage and reinsurance recov-1          I            I
erable Dec. 31, end of the year ......!  1,828 891 .........   1
Balance.!                        $166,585   ............................
Add salvage and reinsurance recover-!          2              I
able Dec. 31 of previous year .......................... 14...
Total .          .               $166,599 66! ......... i
Deduct unpaid losses Dec. 31 of pre-
vious year .........              1   17,258 721 .......      1
Balance .....! ..                $149,34'0 *-............
Add unpaid losses Dec. 31. end of thel
year .                            1 27,459 291 .......        I
Losses incurred   during the   year ......!I.............. 1  $176,800  
231
duringI                        $16,0    23!
UNDERWRITING EXPENSES.           I
Underwriting expenses paid   duringl
the -year.$ ...................... 1  197,829 941 .........   I
Deduclt undeurwriting expenses unpaid!
,Dec. 31 of previous year ............  5,928 651 ......      I
Balance.I .   .    .    .    .   $191,901 291.
A(ld underwriting expenses unpaid!                            I
Dec. 31, end of the -year .............  8.845 281.
Uinderwriting expenses incurred dur-!
ing the year .........                 I    ; 1 200,746 57!.
Uinderwriting losses and expenses..-..                            3 I  377,546
SO
Loss from   underwriting during the1             I
year~ i .............,r ......-I.........                     :  $67,483
75


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