IMPERIAL FIRE INS. CO.
UNDERWVIR.ITING AND) IN VESTMENT EX1IBIT.




UNDEIlWIIITING EXHIIIBIT.
Premiums.
ltotal  preI'('lillm S  ................... .
Add uiemiried    1)reLmituhmls I)ec. 31 of
l)revious year ......................
Total   ..........................
Deduict unearne(l J)remiulms 1)ec. 3,,
end of the year.....................
PremiuLmns earaed during the year.....
UND)EIIWITIIING      PROFIT     AND


$19I, 722 )9 ...............
1 58, 4691 .( .........I
164.845 .1 .|.
1 ........... . 1 $180,224  26


..............
..............
..............
..............
..............


LOSS ITEMS.
Agents' balances and bills receivable
not admitted T)ec. 31, 1911 .......$0.... |    1 201 ...........
Agents' balances and bills receivable
not admitted Dec. 31, end of thel
year ................................        184 28!-..............
Gain from  above ....................                         16 97
Ulnderwriting income earned durin-g
the year .                           1
1             !
LOSSEdS;
$17,9      58


$180, 241 23


I


Losses paid ..........
Doedlet Unnaid losses Dec. 31 o       re-


$8107,397  581. . . .. . . .I i.




vious year .........                  11,27121 ...............
Balance ......                   $96,125 461 .
Add unpaid losses Dec. 31, end of thel!
year .............................    18,211 35-! .
Losses incurred during the year ...... .... .........  $114,386 .1!.
UNDERWRITING EXPENSES.          I
Underw'riting expenses' paid duringl           I
the year ......        .             $90,839 461 .
Deduct underwriting expenses unpaid!           |
Dec. 31 of previous year: Accrued!           I
taxes ..     .                         3,600 00!          . .
Balance ..          ...          $87, 259 46 .
Add underwriting expenses unpaid! l
Dec. 31, end of the year: Accruedl
taxes ..                          I     3,830 001 ......   l
Underwriting expenses incurred dur-
ing the year           .         ......................0...... .915,089 461.
Underwriting losses and expenses ..................I..............  203,,426
27
Loss from  underwriting during thel            J
year ...                         ............. ..............  $26,185 04