834                      TEUTONIA FIRE INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid, not yet due .......     $375 00
Gross claims for losses in process of adjustment or
in suspense ............   ...........................  51,973 35
Gross claims for losses resisted .......................  1,808 57
Total ..                                          $54,156 92
Deduct reinsurance due or accrued ......  ..............  7,123 45
Net amount of unpaid losses and claims..                      $47,083 47
Gross premiums (less 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, $343,374.38; un-
earned premiums (fifty per cent) ..................  $171,687 19
Gross premiums (less reinsurance) ieceived and re-
ceivable upon all unexpired fire risks runniina more
than one year from date of policy, $801,780.26; un-
earned premiums (pro rata) ........................  425,626 31
Total unearned premiums as computed above .................   597,313 50
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued. .
 600 00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ..........  2,500
00
Total amount of all liabilities except capital ........... ...... $647,446
87
Capital actually paid up in cash ..................... $200,000 00
Surplus over all liabilities ............................  220,422 38
Surplus as regards policyholders ...................................  420,422
38
Total liabilities .............................................. $1,067,869
35
RISKS AND PREMIUMS.
Gross
Fire          premiums
risks.         thereon.
In force on the 31st day of December, 1911 ........ $116,458,643  $1,214,555
10
Written or renewed during the year ................. 84,324,354     878,315
56
Total ..............  ..........................  $200,782,997  $2,092,870
66
Deduct those expired and marked off as terminated    74,898,290     798,084
50
In force at the end of the year ......  .............. $125,884,707  $1,294,780
16
Deduct amount reinsured .......     ...................  13,872,024  149,631
53
Net amount in force .......................... $112,012,683  $1,145,154 63
RECAPITULATION OF FIRE RISKS AND PREMIUMS.
Gross
YearAmount                                  premiums      0 r  Amount of
written.        Term.            covered.     charged,     c,     premium
less re-       unearned.
insurance.
1912 ...... One year or less.     $30,549,3311  $343,378 38! 1-2   $171,687
19
1910 ...... Three years .  ..     21,179,3891    202,001 35 1-6      33,666
89
1911 ...... Three years .  .....  21,605,5651    197,537 771 1-2     98,768
88
1912 ...... Three years .  .....  22,631,2521    204,705 081 5-6  1  170,587
.57
1908 ...... Five years ........     1,280,8491   16,573 191 1-10 1    1,657
32
1909 ...... Five years ....  I      1,888,6541   24,250 791 3-10 1    7,257
23
1910 ... Five years .........       3.097,2821   39,191 961 1-2  1   19,595
98
1911 ...... Five years ......... 1  4,329,131    51,898 311 7-10 1   36,328.82
1912 ...... Five years .........    4,948,1771   62,336 811 9-10 1   56,103
13
Over five years .          503,053!     3,284 991P. R.1    1,642 49
Totals .         $112,012,683 $1,145,154 03 ......  $597,313 50