PALATINE INS. CO.                            991
LIABILITIES.
Gross losses adjusted and unpaid, not yet due  $.......  $24,238 00
Gross claims for losses in process of adjustment or in
suspense, plus $21,600; reserve for losses incurred
prior to Dec. 31, of which no notice had been re-
ceived on that date .................................  134,499 00
Gross claim for losses resisted ........................  23,683 00
Total .   ..........................................  $182,420 00
Deduct reinsurance due or accrued ...................   33,695 86
Net amount of unpaid losses and claims.                      $148,724 14
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, $1,266,442.24; un-
earned premiums (fifty per cent) ...................  $633,221 12
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $2,022,894.80; un-
earned premiums (pro rata) ......................... 1,092,808 78
Total unearned premiums as computed above...$.... $1,726,029 95
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued..
 10,385 82
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ...........  35,061
62
Commissions, brokerage and other charges due or to become due to
agents and brokers ............    ..................................  42,744
2.5
Return premiums, $9,597.41; reinsurance premiums, $38,448.05 ......  48,045
46
Total amount of all liabilities except capital .......$ 2,010,991 19
Statutory  deposit .....00,000....................            00
Surplus over all liabilities .1,039,585 35
Surplus as regards policyholders .......     ...........................
 1,239,585 35
Total liabilities .............................................. $3,250,576
54
RISKS AND PREMIUMS.
Gross.
Fire         premiums
risks.         thereon.
In force on the 31st day of December, 1911 .       $324,742,726  $3,639,245
61
Written or renewed during the year .250,528,193                   2,756,044
07
Total .$575,270,919 $6,295,289 68
Deduct those expired and marked off as terminated.  224,583,881   2,546,959
16
In force at the end of the year .$350,687,038              $3,848,330 52
Deduct amount reinsured .51,293,782                                 558,993
49
Net amount in force .$299,393,256                           $3,289,337 03
46-Ins.-i