COMMERCIAL UNION ASSURANCE CO.


915


UNI)E    WtWR lTING  AND IN\ ESTMAENT EXHIBIT.
UND)ERWRIITING EXHIBIT.           1             1
Premiums.;
9   lessl
Total   premiumns,  $4,582,918.04,  lessl                         I
$4,178.94 ......                    |$4, 78,739 10       1.
Add unp)aid return and reinsurancel        -
premiums Dec. 31 of previous ye'ar1      7 , 572 511 .
Total ...                         $4, 654,011 611 ..
Dedluct unl)aid return and reinsuldra1nel           1             1
premiums Dec. '1, end of the year.       92,647 761 ..
Balance .....    .$4 .Ol ;,561,363 851 ............ I
Add unearned premiums Dec. 31. ofl
previous year, and    $91,728.0.e5 e-             I
claimable on perpetual insurance .    4,029,229 751 ............
-Total ..   .     .    .......... 1 $8,590,593 601.
Deduct unearned premiums Dec. 31,1                  I
end of the year, and $89,017.46 re-I              I
claimable on perpetual insurance.. 1 3,875,997 081.
Premiums earned during the year .... .............. $4,714,596 521.
*           I        \    ~      ~      ~~~~~~~~~~~~~~~~~~~~~~~~~~I  I
UNDERWRITING        PROFIT    AND   I              I
LOSS ITEMS.               I
I            ' I
Gain from agents' balances previously        l                    I
charged off .............. ..........1   $1,099 051 .......       I
Loss from   agents' balances cIargedl               I             I
off .........     .   ..                  5,039 S .....           I..............
Loss from  above .....I.                   $3,940 761 ..     ... I
Agents' balances and bills            I             I             I
I)ec. 31, 1911 ............  $32,091 111 ........   1           1
Agents' balances and bills            I             I
receivable not admitted             I             I
Dec. 31, end of the year.  44,226 271 .......      I  .   .
Loss from above ..............        1    12,135 161.
Loss from    underwriting  profit andl              I             I
loss items .......I 16,075 921.
*   I   I    I-
Underwriting in--oine earned   duringl                            I
the year                           .         .        .          I $4,698,520
60
I             I
LOSSES.                1
L    ~'                         I S           I
Losses paid .........      .     .      1 $2,548,586 571 .
Deduct unpaid losses Dec. 31 of pre-l        I                    I
vious year .I......................     4939.3270 341 .
Balance .I......................1 $2,055,316 231..............
Add unpaid losses Dec. 31. end of thel       '      I             I
year ................................. 1  560,739 951.
I           -1              I
Losses incurred during the year ...................I $2,616(,056 18.
UNDERWRITING EXPENSES.             I                           I
17nderwriting expenses paid    duringl              I
the year ........................  1 $1,596,120 811.
Deduct underwriting expenses unpaidl                I             I
Dec. 31 of previous year . .......... 1  217,543 001..
I-            1
Balance ....I -$1,378,578 811 ............ I                       .
Afld  underwritinu 'expenses unpaid !                             I
Dec. 31, end' of the year .............2219,477 841 ............ I.   .