714


NORTH RIVER INS. Co.


UNDERWRITING AND -INVESTMENT EXHIBIT-Continued.
Underwritinlg losses and expenses ................................ 1 1,(664,686
41.
Loss from  underwriting during thel             I            I
year. ..........................I.... .............................  $21,145
04
I            I
INVESTMENT EXHIBIT.                        j
interest and 1Rents.             I            I
Interest, dividends and rents receivedl         I
during the year ..........       I - $34,454 991.
I)educt interest, dividends and rents           I
accrued Dec. 31, end of the year...   15,257 911.
Balance ... I $69,197 081.
Add interest, dividends and rents ac-1          I
cried D)ec. 31, end of the year ......  13,398 991.
Total .     ..                             I i   $82,596 071.
PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ......  $11,877 06.
Gain from  change in difference he-I
tween book and market value dur-I             I
ing the year ................... 'I'll  11,647 761..


Profit oUi investments during the yearl..............
Investment income earned during thel
year .                              .
LOSS ON INVESTMENTS.
Loss from sale of ledger assets ......    $5,918 25
ILoss from  decrease in book value ofl
ledger assets .......................      146 67
Loss on investments durino the yearl..............
INVESTMENT      EXPENSES.        I
Investment expenses paid during thel
year .-.-....-...                      ..
Investment losses and expenses dur-I
ing the year .                     !


23,524 821..............


$106,120 SO


$             92- - -  - -- I.....-.1.....*
.$6,064 921...............


2,247 381 ..............


8.    :1I '.0


Gain from    investments dluring   the
year ..................     .    .
MISCELLANEOUS EXHIBIT.
Dividends declared to stockholders
dluring the year ...........        I
Net loss from above ...........     .
Total gains and losses in surplus dur-
ing the year .......................
Suirplus Dec. 31, 1011 ......1
Surplus Dee. 31, 1912 .
Increase in surplus during the year..
Totals .........................


ea?] QflX .?"


0 (ain in           T,0,,s in
I  Surplus.        Surplus.
I               I     -
...............  ..............     $35,000   00
.I~~~~~.......                  $:35,000 00
I       -       I       -
.............. l    $97,808 591     $56 145 04
$51.0,087 01 ....... I
551,750 561 ......... I ..         .   .
-I                I
..............  ...........1        1 41,663  55
...............     $97,808 50!     $97.808 59




.


Per cent of losses incurred to premiums earned, 55.6.
Per cent of underwriting expenses incurred to premiums earned, 45.6.
Per cent of investment expenses incurred to interest and rents earned. 02.7.
Per cent of total losses and expenses incurred and dividends declared to
total
income earned, 97.6.