MAIRINE INS. CO.


1098


UNDEW WR1TING ANDI IN VESTMENT EXflHIiIT--Contillued(.




INVE'STMIENT EXPENSES.                      I
Investnment expenses paid during thei
I'I
Inivestmient losses and expenses dur-I I
iug the year ...........           1            .
Gaimi from  investments during thel
year. .


I


I..........


12,058 69
$20,267 32




MISCELLANEOUS EXHIBIT.                       Gain in   I Loss in
Surplus.  I Surplus.
Iiece1pts from home office ........... ..  .      129,3) 811.
Remittances to home office .......... I . -...1...409, 19d9 74
l     l            l_-
Net loss from above ...........-1........-----1--------------  $279,879 93
Total gains and losses in surplus dur-I       1           1
ing the year ..              ........       I $254,539 081  $279,879 93
Surplus Dec. 31, 1911. . .........  $0,867 351 .1
Surplus Dec. 31, 1912 ............   245,526 501. .
l)ecrease in surplus during the yearl . ........... . 1  25,340 851.
Totals ...                   ..... .1 $279,879 931      $279,879 93
_ _._.=.__   _ _ _                            I           I,


P-1 er cent of, losses incurred to premiums earned, 45.5.
Per cent of underwriting expenses incurred to premiums earned, 29.9.
Per cent of investment expenses incurred to interest and rents earne(l, 3.15.
Per cent of total losses and expenses incurred and dividends declared to