CITY OF NEW YORK INS. CO.


341


BUSINESS OF THE STATE OF WISCONSIN DURING THE YEAR.
Fire.
-Gross risks written ..............                                   $3,280,928
00
Less risks cancelled .............                                      
651,457 00
Net risks written ......................            '           $2,629,471
(10
Gross premiums on risks written .......          .........................
 $38,9S7 85
Less $4,984.98 return premiums; and -$9.10 premiums for reinsur-
ance in companies authorized in Wisconsin .......        .............. 
4,975 88
Net premiums received .........         .............................  $34,01.1
97
Losses paid (deducting salvage) ...................................     
$10,799 83
Losses incurred .............                                           
 $9,203 83
UNDERWRITING AND INVESTMENT EXHIBIT.
I              Il
UNDERWRITING EXHIBIT.
Premiums.
Total premiums *-.....---.-----1I$600,484 471 .........
Add unpaid return and reinsurancel
premiums Dec. 31 of previous year1         51,581 97 .....   ..............
Total.        ..                 1 $652,066 44 .*----           ..............
Deduct unpaid     return  and  reinsur-1
ance premiums Dec. 31, end of the
year .............        ........         52,559 87 .--1           -----
l         ~~~~~~~~~~~~~~~~~I
Balance .    .......................  $599,5 06 571 .............. 1- ...
Add unearned premiums Dec. 31 of               ,.
previous year ......................      514,474 331 ......
Total ..                         1$1,113,980 901 .......... 1
Deduct unearned premiums Dec. 31,          ,   ,
end of the year .........   ...........   569,002 12 ..............
Premiums earned during the year         ..............    $544,978 781.
l                            l
UNDERWRITING PROFIT AND                             1
LOSS ITEMS.
Gain   from   agents' balances   previ-J              !




ously charged off ..................         $21 501 ..... *        1   .
Loss from   agents' balances charged               9
off  ................................. I     934 95o ............. I........
Loss from above.                              $913 451         .        
 .........
Agents' balances and bills
receivable not admitted
Dec. 31, 1911 ...........   $4,951 561......       I.........  ..............
Agents' balances and bills
receivable not admitted                                          1
Dec. 31, end of the year     4,854 161 .       -e-... .. I.       .......
Gain from   above ...............     1         97 401 ...........  .....1.*
Loss from    underwriting   profit andl                             1
loss items                   .              ..              816 05,.
Underwriting Income earned duringj                                 1
during the year .............         I             ....             $544,162
73