1074              BRITISH & FOREIGN MARINE INS. CO.
LIABILITIES.
Gross claims for losses in process of adjustment or in
suspense, plus $5,375.00; reserve for losses incurred
prior to Dec. 31, of which no notice had been re-
(eived on that date .$323,1,19 64
Gross claims for losses resIste .615 00
Total .$324,164 64-
Deduct reinsurance due or accrued .28,477 50
Net amount of unpaid losses and claims ........................  $295,687
14
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $400,658.36; unearned  premiums
(fifty per cent) .$200,329 18
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired marine
risks, $139,468.79; unearned premiums (100 per cent)  139,468 79
Total unearned premiums as computed above ..................   331,797 97
salaries. rents, expenses, bills, accounts. fees. etc.. due or acerued..
 10,166 00
Estimated amount hereafter pavable for federal, state and other
taxes based upon business of the year of this statement ..........  35,000
00
Commissions, brokerage, and other charges due or to become due to
agents and brokers ............    ..................................  45,423
0f
Reinsurance premiums .................................              478,016
83
Total amount of all liabilities except capital .................. $1,204,091
01
Statutory deposit .............        ..........     $200,000 00o
Surplus over all liabilities ........................,... 244,913 09
Surplus as regards policyholders ...................................  444,913
09
Total liabilities .............................................. $1,649,004
10
RISKS AND) PREMIUMS.
( roI ss.
Maarine:1(ml    pre-miums
inland ilskS.     thereolln.
1,, fone on tlhe 31st (lay of December, 1911 ........ $41,354,093  $587,587
34
Written) or renewed during the year ................. 1,070,467,751  3,262,721
40
Total ......................................... $1,111,821,844  $3,I0, S.0,2?,19
74
D)e(dltct those expired and marked off as terminated 1,047,048,175  3,1:85,496
25
in, for(e at the end of the year .     ............. $64,773,669   $664,812
49
Deduct amount reinsured        .         ...........  12,779,135    124,685
34
Net amount in force .$51,994,534                             $540,127 15