ios4                         tieXIO    FIMP1I  I1S. Co.
UNDEI1t6W1ITING     ANI) INVESTMENT E X1l1BIT-Continued.
---7
INVE'STMENT EXPENSES.                            I
Inw--ostmnent exl)enses paid during thel
y ear. .I .........                 . .....     .            86 04] ....;
Ilvexstlnlet losses and expenses dur-
it-g> the year ..... . .                                      .      
  11,032 44
GCain  fron-i investments  during   thel
y(e r ........-I...............                 - ..-.-  ...........   $17,684
57
MISCELLANEOUS EXHIIT.                                Gain in    ]   Loss
in
I              I  Surplus.   I  Surplus.
ItRellittances to home office .  -                                      
 $ .  S 1,408 75
l ~    ~      ~~~       _ _____
Net loss from above .                                 .            $1,408
75
Total gains and losses in surplus dur-1
ilng the yeai .   ................                      $17,684 571    $48,872
09
Snrplus Dec. 31, 1911 . ................. I  $399,126 60]1 ......
Surilus Dec. 31, 1912 .................    567,939 05] ............................
Decrease in surplus during the year..].............. I     31,187 52].
Totals ..I                                                |81872 091 $48,872
09
____  .   _           _ _______.___________.   ___. ___.____
Per cent of losses incurred to premiums earned, .689.
Per. cent of nnderwriting expenses Incurred to premiums earned, .476.
PerI~ (cenlt of investnment expenses incurred to interest and rents earned,
.002.
Per cont of total loqses and expenses incurred and dividends declared to
total income earned, 1.09.