I3AITISH & FOREIGN MARINE INS. CO.


1075


BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.
Marine
and inland.
Gross risks written .          .                                      $,i
,z33 00
iLess $1'sd& risks cancelled, and $915,0U61 einsurance in companies
autuorized in VWisconsin ..............................                932,656
00
Net risks written ..................... $2,054,667 00
Gross premiums on risks written ...... .  .............N M............. 
.606 15
iess $MJS return premiums, and $791.96 premiums for reinsulralce
in comllanies autdorize(d InI Wisconsin ............................    
  8..72 81
iNct premiums received.....              ...........................  $4
733 35
Losses paid (deducting salvage).           ..................           
    43- 40
Less losses on risis reinsured in comnpanies authorized in Wiscon-
silit ... 11 17
Net losses paid ............    ...................................   $424
23
Losses incurred .......................$.......................         
   435 40
Less losses on risks reinsured in companies authorized in Wiscon-
sin.~~~~~~~~~~~~~~~~~~~~~11 17
sin1 ....................................................... ........   
   117
Net losses incurred                      .$424 Z3
UNDERWRITING AND INVESTMENT EXhIBIT.
UNDERWRITING EXHIBIT.
Premiums.
Total premiums .............    ;...$1,096,203 741 ............      ..............
Add unpaid return and reinsurancel
lremiums Dec. 31 of previous year. .1     241,928 081O.............. I.........
Total ...                          I$1,338,131 821 *............. I..............
Deduct unpaid return and reinsurancel                 I             I
premiums Dec. 31, end of the year ... I   47S,016 831 ........ .
Balance .........................    $ 860,114 991. .....      ........ 
....
Add uunearned premiunis Dec. 31 ofl                   I             I
previous year ...........  ............   187,717 87 ......      ... I. 
.. ..
-hI                     I
Total ...1......                   1,1047,832 86j
D)educt unearned   premeniumlls i)ee. 31,1                          I
en11d of the year ..................  .1- .. 339,797 971. .       I..............
1Premiums earned during the year .....I I                $708,034 89 .
UNDERWRITING PROFIT AND I                                         I
LOSS lTEMS.                I             I              I
*                    ~       ~     ~       ~      ~~~~~~~I  I
Gain from agents' balances previouslyl                I             I
charged off ...................              $435 251 .....         I
Agents' balances and bills             I              I
receivable not admitted                             I             I
Dec. 31, 1911.              $50,333 061 ........     I..
Agents' balances and bills                               . I  ..
receivable not admitted              I              l
Dec. 31, end of the year.   16,815 831 .......       I .    .
Gain from above ..............           I   33,517 231 .I..