536


HIARTFORD FIRE INS. CO.


UNDERWRITING AND INVESTMENT EXHIBIT-Continued.
Loss from above .......................     $3,549 21 ......          ..............
Agents' balances and bills
receivable not admitted
Dec. 31, 1911 ............ $55,285 22 .......       .............. ..............
Agents' balances and bills
receivable not admitted
Dec. 31, end of the year.  62,556 01 .......    .     ...........   ..............
Loss  from   above ......... .............   7, 270   791 ....... .   ...............
Loss from    underwriting profit andl
loss   item s  .......................... I..............  10,820   001 
........ ' .-
Underwriting income earned during                    I
the year     ......................................................... $15,721,308
52
LOSSES.                               1
Losses paid ..........                  $8,511,525 66 ..........      ..............
Deduct unpaid losses Dec. 31 of pre-, ,
vious year ......................... 1,269,357 53 .............................
Balance ........................ $7,242,168 13       ......... . .............
Add unpaid losses Dec. 31, end of the     ,
year .                       \         1,274,370 64 ......... ..............
Losses incurred during the year..... ..............$8,516,538 77 .
UNDERWRITING EXPENSES.                                          i
Underwriting   expenses paid    during                            .
the year ........................... $5,668,863 III ...........      ..............
Deduct underwriting expenses unpaid                  I
Dec.31 of previous year .............    200,000 001 ..........      .
Balance ..........          ..... $5,468,863 11 ..........    .
Add   underwriting   expenses  unpaid
Dec. 31, end of the year .............   200,000 00.
Underwriting expenses incurred dur-
ing the year ....................... .............. 5,668,863 1II..............
Underwriting losses and expenses.1        .............. ..........  14,185,401
88
Gain from   underwriting   during the1
year ..                                         I                I $1,535,906
64
INVESTMENT EXHIBIT.
Interest and Rents.                                       l
Interest, dividends and rents received                             I
during the year ......               $1,022,004 71 .....................1
Deduct interest, dividends and rents'
accrued Dec. 31, end of the year...      252,872 65 .............................
Balance .    .....................  $769,132 06 .........
Add interest, dividends and rents ac-i               I
crued Dec. 31, end of the year ......    268,690 23!.............. ..............
Total .......................          '        I $1,037,822 291 .
PROFIT ON INVESTMENTS.                           l
Gain from sale of ledger assets..          $46,818 60 .....................|
Gain from other investments .        ....    1,607 73 .....................
 ..
Profit on investments during the year. ..............     48,426 33..
Investment income earned during the.I
year .............................. I. . ......... I..... ..       $1,086,248
62