390(2                 BRITISH    AMERICA ASSURANCE; CO.
BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.
Fire.
Gross risks written .................                                   
   $30,142 7
Less $476,140.00 risks cancelled, and $87,840.00 reinsurance in com-
panies authorized in Wisconsin ..................................       
5 63,980 00
Net risks written ..........        .................................. $2,450,292
00
Gross premiums on risks written ..............:...........              
  $30,997 16
Less $3,363.39 return premiums, and $814.08 premiums for reinsur-
ance in companies authorized in Wisconsin ......................        
  4,177 47
Net premiums received .......................................        $26,819
69
Losses paid (deducting salvage) .......           ...........................
 $11,9V1 70
Less losses on risks reinsured in ceropanies authorized in Wiscoii-
sin  ...............................    ............................... 
    -18 30
Net losses paid ...........       ...................................  $11,970
00
Losses incurred .        ................................................
  $11,491 08
Less losses on risks reinsured in companies authorized in Wiscon-
sin  ................................................................   
    -1.1 30
Net losses incurred .................$ $11,502 38
UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.
Total premiums ..------------------- $1,094,455 66j.
Add unearned premiums Dec. 31, 19111         826,145 311.
Total ........................... $1,920,600 971 ...........      .
Deduct unearned     premiums Dec. 31,        ,
1912 ................................      993,232 181 .....     ... I
Premiums earned during 1912 .          .................   $927,368 79.
UNDERWRITING PROFIT AND
LOSS ITEMS.
Agents' balances and bills receivablel                  ,
not admitted Dec. 31, 1911         . .      $2,731 391 .......
A-ents' balances and bills receivable                   1
not admitted Dec. 31, 1912 .......... 1      2,956 071.............
Loss from above ...............                                  224 681.
I              I       -     1
Underwriting    income earned     duringl                              1
1912 .                                  .              ....I $927,144 11
LOSSES.                  I              l
Losses paid .........                .      $575,233 831..............
Add salvage and reinsurance recover-
able Dec. 31, 1911....................         128 781.
I                             I
Total  ............... ...        .   $575,362  61.............. I .
Dcduct unpaid losses Dec. 31, 1911 ....1     111,684 241 .
Balance .*--------..----------        $463,678 371-....----------
Add unpaid losses Dec. 31, 1912 ......       107, O1 841.
Losses incurred during 1912 ..                          1 $571,280 211.