222


MILWAUKEE MECHANCIS INS. Co.


DEDUCT ASSETS NOT ADMITTED.
Agents' balances representing business written prior to October
1, 1912 .......................................................... 8,488
67
Total admitted assets ..................                      $4,347,584
66
LIABILITIES.


Gross losses adjusted and unpaid, not yet due ..
Gross claims for losses in process of adjustment or
in suspense, including all reported and supposed


$60,218 23


losses .. ...........................................  145,471 38
Gross claims for losses resisted .......................  8,848 20
Total .                                       $214,537 81
Deduct reinsurance due or accrued .50,139 50
Net amount of unpaid losses and claims .................
Gross premiums (tess reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $983,830.33; un-
earned premiums (fifty per cent) .$491,915 16
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running
more than one year from date of policy, $3,452,-
$487.99; unearned premiums (pro rata) .1,766,465 69
Total unearned premiums as computed above.............
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued
(estim ated)  .....................................................
Estimated amount hereafter payable for federal, state and other
taxes based on the business of the year of this statement.......
Reserved for dividends ..................
Due Reinsurance Companies ............


$164,398 31


2,258,380 85
30,000 000
70,000 00
30,000 00
15,035 '16


Total amount of all liabilities except capital ......  . . $2,567,814 62
Capital actually paid up in cash ..................... $1,000,000 00
Surplus over all liabilities ........ ..................  779,770 04
Surplus as regards policyholders ..........    ....................... 1,779,(770
04
Total liabilities .......................................... $4,347,584 W.u


RISKS AND PREMIUMS.


Gross
premiums
Fire risks     thereon.


In force on the 31st day of December, as per last
year's statement .............   ....................... $487,221,789 $5,275,219
W,
Written or renewed during the year ......      ..........  253,496,728  2,824,363
41
Total .     .................................... $740,718,517 $8,090,583
0T
Deduct those expired and marked off as terminated        262,965,427  3,006,989
04
In force at the end of the year .$477,753,090 $5,092,594 01
Deduct amount reinsured .................5...             64,614,600    656,275
69
Net amount In force .        ........................ $423,138,490 $4,436,318
32
= = = = = = _ _   - - - - -==