976                     NORTHERN ASSURANCE CO.
UNDERWRN'PITING AND INVESTMENT EXHIBIT-Continued
MISCELLAAANEOUS EXHIBIT.                        I   Gain in       Loss in
Surplus.   I Surplus.
Receipts from homie office .........      ..           $174,394 98..
Rsemittances to home offlce ..........     -----.. --1.. . .. .--. .  $528,223
03
(ailn fromn other sources ............ .............I     8,444 921.
Net loss from above .1--------- ..............      ......... 1  $345,383
13
I             I              -I
Total galins and losses in surplus dur-             I
ing the year                  .         .          1  $433,308 411  $345,383
13
Sur'plus Dec. 31, 1911       . ................ $1,791,233 9  .... ......
I... -
Surplus Dec. 31, 1912 ..                1,879,159 181 .........    .........
 .
Iiciealse in surplus duriiig the year ..I .............. I..-.-1........
 87,925 28
I     .  ~      ~      ~~~~~I  I
Totals  ..       .....     .  . .....1.           $433,308 411  $433.308
41
Per cent of losses incurred to premiums earned, 51.23.
Per cent of underwriting expenses incurred to premiums earned, 39.12.
Per cent of investment expenses incurred to interest and rents earned. 6.55.
Per cent of total losses and expenses incurred and dividends declared to
tontal incoine earned, 86.06.