BOSTON INS. CO.


291


UNDERWRITING AND INVESTMENT EXHIBIT.


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UNDERWRITING EXHIBIT.
*               ~       ~      ~~~~~~~~~~~~~~~~~I  I
Premiums.                1
I I
Total premiums ........      ............. $3,156,326 531.
Add   unpaid return and reinsurance                   I
premiums Dec. 31 of previous Year             465 491.
Total .....................        $3,156,792 021.
Deduct unpaid return and reinsurance
premiums Dec. 31, end of the year             385 06.
Balance 9..       ..                               ... $3,1,..06 9[
Add unearned premiums Dec. 31 of                      I
previous year ..........   ............  2,033,311 341.
Total ....                         $5,189,718 301.
Deduct unearned premiums Dec. 31.1                    1
end of the year .....................   2,109,872 031..
I         ~~~~~~~~~~~~~~~~~~~~~~~~~~I
Premiums earned during the year .............. $3,079,846 27
UNDERWRITING PROFIT AND
LOSS ITEMS.                |
Gain from agents' balances previously                 1
charged off ...............     ...      $3,257 321.
Loss from   agents' balances chargedj                 1
off ........... 1                           5,300 531.
loss, from  above ..................... 1    $2,043 211.
Agents' 'balances     and
bills receivable not ad-             I              1
mitted Dec. 31, 1911..     $37,730 621 ........      1
Agents'   balances   and
bills receivable not ad-
mitted   Dec. 31, end
of the year   .......       30,215 151 .......       --.---.
Gain from above .............            1    7,515 471.
Gain from    underwriting profit andj                 I
loss items ........................................1      5,472 26
I              1-
Underwriting   income earned    during1
the year         .          ...................


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3..............
.1 $3, .0,5, 3ts 53


LOSSES.
losses paid ......   .   .    .     $1,757,757 161 ............  1
Deduct unpaid losses December 31 ofl          I
previous year ......................1  407,528 531 . .............
I        ~~~     ~   ~~~~~~I . I
Balance ....       -.-.-1 $1,350,228 631 . -.-----1-    .-----
Add unpaid losses December 31, end                        I
of the year .........................  391.052 6-51 ........   I
Losses incurred during the year  . ............. 1 $1,741,281 281.
UNDERWRITING EXPENSES          |           1            I
Underwriting expenses paid duringi            !
the year ...................... -- 1 $1,170,518 791 .--1 *---*-----
-Deduct underwriting expenses unpaidl
December 31 of previous year..      105,166 491 .  ..........  -. .
Balance .                     $1,065.352 301 .
Add underwriting evxenses unpailI             I           I
December 31, encd of the year..     84.32?3 171 .... I
*                      ~~~      ~   ~     ~     ~~I 1'I