494


GERMANIA FIRE INS. CO.


DEDUCT ASSETS NOT ADMITTED..


Agents' balances, representing business written prior
*; oetooer 1, ibit .................................
Book value of ledger assets over market value........
Cash in hands of brancsh office managers.............


$6,604 78
26i9,202 02
6,028 87


__            (-l281,835 067
Total admitted assets ...                                    . $ 7, 213,762
27
LIABILITIES.                           I      ;


Gross losses adjusted and unpaid.....................
Gross claims for losses in process of adjustment or
in suspense plus $2,432.84 reserve for losses incur-
red prior to December 31, of which no notice had


$113,326 92


been received on that date ......     ...................  87,202 06
Gross claimis for losses resisLed ....................... 3 V,45i 38
Total .    ...........................................  $237,986 36
Deduct reinsurance due or accrued ....................    55,513 23
Net amount of unpaid losses an-d claims...........................
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including pre-
miums on perpetual fire risks, $1,441,939.58; un-
eaaneO premiuhis (tntty per centr ...................  $720,969 79
Gross premiums (ress reinsurance) received and re-
receivable upon all unexpired fire risks running
more than one year from date of policy, $5,003,-
160.39; unearned premiums (pro rata) .............. 2,579,334 53


$182,473 13


Total unearned premiums as computed above ...................... 3,300,31)04
32
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued .
 26,0 63 92
iistimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement ......    50,000
00
Commissions, brokerage and other charges due or to become due
to agents and brokers .........       ..................................
 6,606 20
Return premiums, $743.47; reinsurance premiums, $33,756.35 ........     34,499
82
Total amount of all liabilities except capital .................. $3,599,947
39
Capital actually paid up in cash ....................... $1,000,000 00
Surplus over all liabilities ............................ 2,613,814 88
Surplus as regards policyholders .......       ...........................
 3,613,814 88
Total liabilities ...........   .................................... $7,213,762
27
RISKS AND PREMIUMS.


Fire risks.
In force on the 31st day of December, 1911 ...... $740, 920,103
Written or renewed .........       .......................  397,542,317
Total .....                                      $1,138,462,420
Deduct those expired and marked off as terminated         377,643,689
In force at the end of the year ................ $760,818,731
Peduct amount reinsured .............      .............   74,936,958
Net amount in force .................   ..........  $685,881,773


Gross
premiums
thereon.
$7,140,534 72
3,942,524 17
$11,083,058 89
3,816,066 38
$7,266,992 51
821,892 54
$6,445,099 97