718                           NORTHERN      INS. CO.
BUSINESS IN THE STATE OF WISCONSIN DUIING THE YEAR.
F ire.
Gross ri sks, written .     .................................................
$2,184,581 00
Less $269,472 risks cancelled, and $2,500 reinsurance in companies
authorized in Wisconsin     ..........     ..............................
 271.972 00
Net risks written .        ........................................... $1,912,609
01)
GCross I)remiums on risks written .........                             
 $29,543 65
Less $2,408.70 return premiums; and $44.06 premiums for reinsur-
aince in companies authorized in Wisconsin ......         ................
 2,452 76
Net premiums received .........         .............................  $27,090
89
Losses paid (deducting salvage) ........          ..........................
 $8,479 55
Le's losses on risks reinsured in companies authorized in Wiscon-
sin. .                                                                  
 1,232 64
Net losses paid ............      ..................................  $7,246
91
Losses incurred .      ....................................................
 $5,815 95
Less losses oIn risks reinsured in companies authorized in Wiscon-
sill ...............................................................    
   857 64
Net losses incurred ................$ ,4, 958 31
UNDERWRITING AND INVESTMENT EXHIBIT.
_ _____________                   -r-  --       -z I
UNDERWRITING EXHIBIT.
Premiums.
Toirtal premiums ..................         $671,089 361 ........... i--
- ..-..----.
Add unpaid return     and reinsurancel                               I
prelniums Dec. 31 of previous year..       13,129 761 .........      i.j
Total ........         ..     .       $684,219 121 ........     I
Dednct nupaid return and rein-I                  I             I
suirance premiums Dec. 31, end ofI                   I
the year ........                           16,614 691           ......
Balance .I $667,604 691 .........                               I     .
Add unearned premiumis Dec. 31 of
previous year ...........             1    584,244 07! ........... 1
Total ...........................-I $1,251,848 501 ..
Dedluct unearned premiums Dec. 31,1                    1
end of the year ..................... I   61-3,818 121 ...........  1
I              II
Preninms earned during the year .....I . ............. I  $638,030 381..
IJNDERWRTITING PROFIT AND             I              I
LOSS ITEMS.                I              I              I
Agents' balances and bills              I
receivable not admitted
Dec. .31, 1911 ............    $134 201 .....         I            I..............
Agents' balances and bills
receivable not admitted                              1
Dec. 31. end of the year..     344 401 .             ............. -.....
I.                            I