Report Volume N . 1

Report Volume N . 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 edition. Excerpt: ... premiums $ 4.210 79 $ 45.28 Losses incurred (le s reinsurance): . 278.00 Gross premiums (less reinsurance and return premiums) received from organization of company, $3,990,681.50. Total losses (less reinsurance) paid from organization of company, $2,578,242.95. Total dividends declared since commencing business--cash, $110,000. Largest gross aggregate amount insured in any one hazard located anywhere in the United States, without any deductions whatever for reinsurance, whether the same be in admitted or non-admitted companies. Answer.--$20,000. Largest net aggregate amount insured in any one hazard located anywhere in the United States. Answer.--20,000. Total amount of the company's stock owned by the directors at par value, $6,500. BUSINESS IN THE STATE OF VERMONT DURING 1913. Fire. Gross risks written $ 76,575.00 Less $3,500.00 risks cancelled, and $30,398.00 reinsurance in companies authorized in Vermont 33,898.00 Net risks written $ 42,677.00 Gross premiums on risks written $ 1,512.13 Less $58.58 return premiums, and $794.27 premiums for reinsurance in companies authorized in Vermont 852.85 Net premiums received $ 859.28 Losses paid (deducting salvage) $ 708.19 Net losses paid $ 708.19 Losses incurred $ 728.19 Net losses incurred $ 728.19 PENNSYLVANIA FIRE INSURANCE COMPANY, PHILADELPHIA, PA. Commenced business, April, 1825. R. Dale Benson, President. W. Gardner Crowell, Secretary. Home Office, 510 Walnut Street. Capital Stock. Amount of capital paid up in cash $ 750,000.00 Amount of ledger assets, (as per balance) Decem-ber 31, 1912 $8,067,787.19 Extended at $ 8,067,787.19 INCOME. Fire. Gross premiums $4,814,811.34 Deduct reinsurance premiums, fire, $673,160.45; return premiums, fire, $697,088.19 1,370,848.64 Total premiums (other...show more

Product details

  • Paperback
  • 189 x 246 x 9mm | 295g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236868056
  • 9781236868053