GENNS FpALLS iNS. 0O.


509


UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.                            I
Premiums.
Total premiums .$2,163,264 961
Add unpaid return and reinsurance                                  i
premiums Dec. 31 of previous year         12,811 391    .      ..   ..........
Total ........... $2,176,076 351 .............. I
Deduct unpaid    return  and   reinsur-
ance premiums Dec. 31, end of the                                I
year .................................    12,041 261 .......
Balance ........................ $2,164,035 091........................
Add   unearned    premiums    Dec. 31,j
of preyious year .........   ..........  2,258,236 991 ......
Total ...    .   .      ...... $4,422,272 081 ........
Deduct unearned premiums Dec. 31,         ,
end of the year                    .      ..................      ..............
Premiums earned during the year.. .............. $2,096,031 981..............
UNDERWRITING PROFIT AND                                          I
LOSS ITEMS.                                          I
Loss from agents' balances chargedl
off, $1,635.04, and from other under-|         - A A




writing disbursements, $1,526,20 ...l       Wioo,JLK)L 4't . . . . . . .
. ........... . . ... . . .. .. .. .. .. ..
Agents' balances and bills
receivable not admitted               I                             I
Dec. 31, 1911 .......... $896,110 001..........................................
Agents' balances and bills
receivable not admitted      -
Dec. 31, end of the year. 891,985 00 .............I.............I............
Loss from   items above ...............           41 251 ...........  I
Loss from    underwriting    profit and1                     3
loss  items .  ... . . . . .. . ..r..   I..........        3  1L9  991 ..............
Underwriting    income earned    during|               I
the year .*                                         - .............. $2,092,911
99
LOSSES.                                           .
Losses pai(l ..........                   $1,122,58,0 691.... I    .
Deduct unpaid     losses  December 31                  I.
of previous year ..................         180,847 661 .........    I
I              I
Balance   ...................         $941,733 031 ........ -,
Add unpaid losses December 31, end                                    I
of the year .,     2..........              0 27,461 001 .......     ..............
Losses incurred during the year      .,. ...............  $1,149,194 031
.  ........


I


UNDERWRITING EXPENSES.


Underwriting expenses paid during
the year ............................  $876,450 39.
Deduct underwriting expenses unpaid
December 31 of previous year ....     . 32,00 00I.
I         ~~~~~~~~~~~~~~~~~I


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