AMERICAN MUTUAL FIRE INS. CO.


1137


UNDERWRITING AND


INVESTMENT EXHIBIT.


UNDERWRITING EXHIBIT.              1
Premiums.
Total premiums..                   ....1  $279,550 651 ..........-
Add unearned premiums Dec. 31, 1911..      327,608 701..
*                   ~      ~      ~~~~I-I
Total .$607,159 31..
Deduct unearned premiums Dec. 31,1                   1
1912 ............................        299,646 591.
Premiums earned during 1912 ........................    $.1307,512 76


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UNDERWRITING PROFIT AND
LOSS ITEMS.
Agents' balanees and bills receivable
not admitted Dec. 31, 1911...........
Underwritingf income earned     during
1912 ................................
LOSSES.


..............


3147 42i..
I


$307,860 18


Tosses paid ...      ...... .          1   $28,927 371 ......    .....  
    1
Deduct unpaid losses Dec. 31, 1911....!         725 651 ............ 1
Balanee . ..........                  $28,201 721 ...........  1
Add unpaid losses Dec. 31, 1912 .......       2,490 611..            .............
I              II
Losses incurrel *lurin- 1911 ......1....... 1             $30,692 3-1 .......
I     .    l     ~      ~~~~~~~~ I
IJNDERWRITING EXPENSES.            I                            !
jUud lerwriting expenses paid   during1
191.2 .                              ,I $39,958 491 .
Deduct underwriting expenses unpaidl                  1             1
Dec. 31, 1911 ......         .             14,348 481 1.
Balance .     1........               $25,610 01!1 ...........  I
A(dd  underwriting   expenses   unpaid                I             I
Dec. 31, 1912 .......                       2,554 641 .
1              I
Underwriting expenses incurred dur-!                  I
ing 1912 ............................... 1               28,164 651.
Underwriting losses and expenses ................... .............. 1   I58,856
98
Gain from underwriting during 1912 .............. I.............. j $249,003
20
INVESTMENT EXHIBIT.
I              I
Interest and Rents.           l             l
Interest, dividends and rents received!


during the year              .           I    $30,294 781 ........      
  .    .1
Deduct interest. dividends and        rents!
accrued Dec. 31, 1911 ................             605 S501 ........... 
   1
Balance ..                   .   .         $ $29,689 281 ...........  l 
     .
Add interest, dividends and rents ac-I                      I           
   I
crued Dec. 31, 1912 ................1              738 831 ...........  
  .
Total .......................... ..............           $30,428 11l.....
      .