8.12            brul~c~~SPRNGY   l-FiRE & Mi ARIINE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT.
I            ~Ig       I.
UNDERIWRITING EXHIBIT.
Premiums.                                       I
T't1 l prenilumis ...  .     ...... 1$5, 456,731 18- ............ .......
.
Add unearned premiums Dec. 31, 19111 4,790,798 401 ..........   I
Total            .$...      1.;1-0, 247, 523 58 .
lDeduct unearned plremiuls Dec. 31,!
1912 ....                          5,001,291 22! .
Premiums earned during 1912..                   $5,2-16,238 36..
I         '    ~      ~ I
UNDERWRITING' PROFIT AND
LOSS ITEMS.             I           I
.,      .I                    II
Gain from agents' balances previouslyl
charged off .........$ $22Si 571............ I
Loss from agents' balances charged off!  2,191 991 .
Loss from above .  ............. I      1,963 421 ....  ... I     .
Agents' balances and  li                  6
receivable not admitted
Dec. 31, 1911 ............  $7,462 551 . . .   .... 1     I
A.gents' balanees ard bills  -
receivable not admitted          |           I
Dec. 31, 1912 ...........  7,008 151 ......  .I.
-    -  -  I         I            I
Gain from above ................          454 401 ...........  .
Loss from  underwriting  profit and!
loss items ........               1.               1,509 021.
Underwriting income earned duringl
1912 ................................I $5,244,729 34
I    .   ~I            I
I      .     I
LOSSES.
Losses paid ..........................j $2,894,270 601 ...........  I
Deduct unpaid losses Dec. 31, 1911' -   -     61 ............ I.............
Balance ......                1$2,443,054 961 ...   ......... I .
Add unpaid losses Dec. 31, 1912 .     469,233 771 ............ I
Losses incurred during 1912 .........................! $2,912,288 73!..
UNDERWRITING EXPENSES.
Underwriting expenses paid during!
1912 ..........                 1 $2. 90,095 49! ............. .
Deduct ulnderwriting expenses unpaidl          !
Dec. 31, 1911 .........58.......     5,526 761 ..
I             I            I
Balance .... 1$2,131,568 731 .
Add underwriting expenses unpaid!              I
Dec. 31, 1912 ......8000!... ... ....  -,r0s  .            000.....I.
lViiderwritrin- (Xpolnses incurred dur-!       I
ilug 1912 .!-.     ..     ... I.............. 2,189,568 731.
UJnderlvritin-  losses  and   expenses .... I.............. I..............
5!5 101,857  46
Gain from underwriting during 1912              ..............  $142,871
88
.I-$142-,-87-1--                     =88