(968


NORD DEUTSCHE INS. CO.


UN IEJI Y t-1ITING A Ni) INVELSTMENT EXHIIBIT-Continued.
Deduct unIlpaid losses Dec. 31 of pre-1   I                  'I
vious year. ..   ...................  30,432 76 ....   .. .
Balance. .............            $87 ,734 491 .        I..............
Add unpaid losses Dee. 31, end of thel                       I
year ...........................       1,576 72.            ...........
Losses Incurred during the year ...... . .............  $119,311 211.
I            1            1
TllTV L'!1TTTI'TNTui.N  1N'VI)VNSIVSI




l~~~~~~~~~~.             I
Underwriting expenses paid    duringl              l
the year.I $ -160,0747371 .......                             ..... I  .
D)educt underwriting exj)ellses unpaidl             I             I
I)ec. 31 of previous year .............   4,495 971 .                  .........
Balancu(e .*----------------------1  $156,251 401 ..............---.-----------
A(ld  un(lerwritilug  expenses unpald I             I             I
D)ee. 31, end of the year ...........      0 (,44, . 471 .
Ulnderwriting expenses incurred (lur- I             I
ing the year .      -                ..............   162.697 871 ...........
IUlnderwriting losses and expenses ..................0......          282.009
08
Loss from   luInderw'riting, (lIrilig thel          I
year .. .                                           I                $18
,116 95
*                           I    .I           .I
*        !.V - 1 i 'i    I             I             I




I              1             1
Interest -and Rents.         I              l              I
fIt-erest, (livideulids aud reuts- receive(d I       I
during the ye-ar ....................1    $21 4-20 891...............
l )eduet interest. dividlends and rents               I             I
ac(rue(d I)e(. 31, end of the year ....     4. 454 141 .....        .
Ialane..I $16,966 71.
A(ld iiterest. (divi(lell(ls and rents ac-l           I
cuIed I)De. 31, end of the year .......     7.88 1.............. I..............
'1'otal ........................... 1 .I $24,85'5 015 ..       ...    ! 
  .
*                   I              T    ~      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
'I
I              I             I
PRiOr''ITr ON  INVESTMENTS.         I             I              I
*                 I              I              I
Inivestment ineome earned (luring thime               I             I
3-   1-11 .  ..... .. .... .. ..... .... .. .. .. .. ..  . .  .  .  .  .
 .  .  .  .  .  .  . . .  .  .  .  .  .  .  .  .  .  .  .  .1   $  2  4 
0I  I  I
LOSS ON    INVESTMENTS.           I              I
I          I              I
L-ss from   fle(rease in book value of|                        .    I
ledger tasseas .........- ..-..........      $ l438 991 ......  . -    .l
Loss froml (*hangre in (difference le-l               I             I
tNeen b)0ook and market value dur-1I
lug time yea.l .                          11 .  850 201 .
Loss on Investiments dutring tie yearl............        $1. 289 25    
  . ..