794                         RHODE ISLAND       INS. CO.
F Fire.        J   Tornado. I      Total.
Gross risks written .     ........ $....... $1,675,231 001  $20,050 00  
       2 $18695 2181 (J0
Less   $467,212  risks   cancelled,  andf
$324,181  reinsurance   in  companiesj
authorized in Wisconsin ............       791,393 00! .......          
791,393 00
Net risks written .      .............. j $883,838 00j  $20,050 001  $903,888
00
Gross premiums on risks written .....        $16,935 761       $220 401 
  $17,156 :16
Less $3,540.38 return   premiums, and
$2,482.28 premiums for reinsurance
in companies Authorized in Wiscon-
sin  .................................       6 ,022   66 ..             
   6,022    6
Net premiums received ..........       $10,913 10!       $220 40     $11,133
50
Losses paid (deducting salvage) ......        $5,805 48 ........        
   $5,805 18
Less losses on risks reinsured in com-
panies authorized in Wisconsin .....             9 05...............I   
       9 05
Net losses paid ............             $5,796 43.                   $ $5,796
48
Losses incurred ..............                $5,993 651 .............. 
   $5,993 65
Less losses on risks reinsuredin corn-                  I$
pallies authorized in Wisconsin ..... I          9 05!) ...............1
      9 05
Net losses incurred ........            $5.                .         $5,984
6.0
__ ~~I          $598    60
UNDEMWEITING AND INVESTMENT EXHIBIT.
UNDERtWRITING EXHIBIT.
Premiums.
Total premiums .............. ....          $528,904 68 1.
Add unearned premiums Dec. 31         ofl              I               I
previous year ..........    .............  371,154 70!1 *.-.-.. I..............
Total ..                              $900), ,059 38 !.         I..............
Deduct unearned premiums        Dec. 31,
eu(l of the year ..............-!......    420,525 191 ........!     I
Premniumis earned during the year ................................|     
 $479,534 19
LOSSES.                  I              I
Losses Paid ..........I                    '$305,432 711 ...........
l)eduet salvage and     reinsurance   re-I
coverable Dec. 31, end of the year ...          94 64! ............     
   .
Baflance ..........!                 $305, 38 8  [ 0..............
Add saldvage and reinsurance recover-!
.able Dec. 31 of previous year ........        196 67! ..............
Total ..! $305,534 741.                                     ---, .........
D)educt unpaid losses Dec. 31 of pre-                   I
vious year           .......                54,565 251 .........      ..............
Balance .....!                       | 2504969 491 .........       ... .
Add unpaid losses Dec. 31, end of thej            -                   I
year ..                              i      46,760 26! .......        . 
     .
Losses incurred during the year .......   .............. 1  $297,729 751.