3DO9


COUNTY FIRE INS. CO. OF PHILADELPHIA.
UNDERWRITING AND INVESTMENT EXHIBIT.




UNDERWRITING EXHIBIT.
Premiums.
Total   premiums,   $384,457.43,  less
$6,486.60 ..........
Add unearned premiums Dec. 31 of
previous year and $189,061.53 re-
claimable on perpetual insurance...
Total ...................
Deduct unearned premiums Dec. 31,
end of the year, and $186,308.35 re-
claimable on perpetual insurance...
Premiums earned during the year....


I
I
I
I
I
I


$377,970 831..............
528,845 521 ...............
$906,816 351 .............
524,022 931.
.............. .      . 1 $382,793 42


UNDERWRITING PROFIT AND                 I                  I
LOSS ITEMS.             1            1            1
Gain from other underwriting income        $77 95.
Loss from agents' balances charged|
off .............    .    .      1        52 17 .
Gain from above .$ 25 781 .... E.
Agents' balances and   bills                    l
receivable  not  admitted                                  1
Dec. 31, 1911 ..........   $3,525 871 ...    ..         .... ..1
Agents' balances and   bills
receivable  not  admitted
Dec. 31, end of the year.... 1,855 591-............-1-------------
- _________   -I      I            .1
Gain from above ............      .1     1, 670 281 .
Gain from underwvriting profit and!
loss items ....        ....                         1,696 061.
I            I-       '-I
Underwriting income earned during!
the year ..$ ! .                                             1 ;384,489 48


LOSSES.
Losses paid ..........................
Deduct salvage and reinsurance re-
coverable Dec. 31, end of the year...
Balance ........................
Add salvage and reinsurance recov-
erable Dec. 31 of previous year......
Total ...........
Deduet unpaid losses Dec. 31 of pre-
vious year .........................
Balance ........................
Add unpaid losses Dec. 31, end of the
year ................................
Losses incurred during the year......


$195,571 48! .............. ... ..
1,112 231 .....      I   .
_           I           I,
$194,459 251 ...... .. .     .
2,351 171 ..  ...... I
$196,810 42.          .
26,363 091...............
$170,447 33! .
26,980 631 .
-! 1
. .......     $197,427 96!........


I
I


IJNDERWRITING EXPENSES.         I            i           I
Underwriting expenses paid duringn             I            I
the year ........................1  $177,731 641 .........   1
Deduct underwriting expenses unpaid!           I            I
Dec. 31 of previous year............  16,512 931 ......... - -   ,
Ie...........1            I $
Balance .............           $161,218 71! ...............