NORTH     RIVER INS. CO.                           713
BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.
Fire.
Gross risks written .............      ..................................
$3,948,558 00
Less $973,6J0.00 risks cancelled, and $513,744.00 reinsurance in com- 0
panies authorized in Wisconsin ............. I . .................... 1,487,434
00
Net risks written   ..........      ................................. $2,461,124
00
Gross premiums on risks written .................. ............         
 $48,394 35
Less $i',490.23 return premiums, and $6,006.11 premiums for rein-
surance in companies authorized in Wisconsin .....................      
13,456 34
Net peim        reevd$34,938 0-1
Ntpremiums received .....................................................
 3,3S0
Losses paid (deducting salvage) ........         ...........................
 $16,678 8O
Less losses on risks reinsured in companies authorized in Wiscon-
sin ................................................................    
 2,884 28
Net losses paid ............      ..................................  $13,794
52
Losses incurred .          .................................. ..........
 $16;839 80
Less losses on risks reinsured in companies authorized in Wiscon-
sin  ..............................................................     
 3,145 78
Net losses incurred ...........................................     $13,694
0(2
UNDERWVRITING AND INVESTMENT EXHIBIT.
I  .I
UNDERWRITING        EXHIBIT.                       1             I
I              I              I
Premiums.                i              I
Total premiums ......         .......    $1,709,734 11 .
Add unearned premiums Dec. 31 ofl !
previous year ......................    1,351,211 031 .
Total .$. -                       |3,060,945 741 ........... I
Deduct unearned     premiums Dec. 31,1                I              I
end of the year .....................   1,417,404 371.
Premium,,ns earned during the year .................. .............. $1,643,541
.37
LOSSES.
Losses paid ......... ...............      $ 1 936,054 591.
IDmedunet unpaid losses Dec. 31 cf pre-1              I              I
vious yea ..             .......      I 149,008 5!..
Btalan e .         ...... 1 $786,059 74 .
Add unpaid losses Dec. 31, end of thel                 I             I
year   ................................I1  128,189 18 !............. I..............
Losses incurred during the year ...... . .............    $ $915,174 92!.
!              I              I
UNDERWRITING EXPENSES.                             I
Underwriting    expenses paid    duringI
the year ......                          $ $749,511 491 .
Deduct underwriting expenses unpaidl                   I
Dec. 31 of previous year ........          27,000 00!.
Balance .                             $722,511 491 .
Add   underwritingl expenses     unpaidl               I !
Dec. 31, end of the year .............!    27,000 00!.
Underwr iting expenses incurred dur-!
lug the year ..                       I              1 749,511 4.!.