Total amount of outstanding risks Dec. 31, 1875... Total losses paid from organization of company to date... $25,823,862 00 1,168,294 14 500,209 75 Attorney to accept service in Minnesota, A. R. MCGILL, St. Paul. Paid up capital stock.... I. ASSETS. Amount loaned on real estate security, (first leins). Amount loaned on collateral security, (market value $30,586.00) Interest due and accrued on bonds and stocks not included in market value.... Interest due and accrued on collateral loans. Premiums in due course of collection...... Bills receivable, taken for Marine and Inland risks. Aggregate amount of all actual available assets $201,520 00 $226,400 00 24,595 00 25,500 00 28,675 70 135 00 13,476 00 16,449 34 5,569 88 .$340,800 92 II. LIABILITIES. Losses in process of adjustment or in suspense.. $34,049 10 3,750 00 Total gross claims for losses. Net amount of unpaid losses. $37,799 10 Amount required to safely reinsure all outstanding risks.... All other demands against the company, viz.: Miscellaneous expenses, $987.50; taxes, commissions, etc. $1,685.79.... Total liabilities except capital and net surplus. Joint stock capital paid up in cash. Surplus beyond capital... Aggregate liabilities including paid up capital and surplus 2,673 29 $135,092 55 201,520 00 4,188 37 $340,800 92 III. INCOME, 1875. Deduct reinsurance, rebate and return premiums $281,457 31 Gross cash premiums received................. Net cash actually received for premiums. All other expenditures, viz. : Interest, $164.06; postage, 277.79 office exp. $2,391.27; agency ex. $17,081.49. 19,914 61 Aggregate cash expenditures during the year.. $217,557 17 V. MISCELLANEOUS. Total amount of outstanding risks December 31, 1875. date... Total losses paid from organization of company to date.... $14,644,724 00 579,834 45 364,684 82 BREWERS FIRE INSURANCE COMPANY, WISCONSIN. Principal Office, Milwaukee. [Organized and commenced business April, 1869.]* W. H. JACOBS, President. F. H. MAGDEBERG, Secretary. Attorneys to accept service in Minnesota, J. H. WEED & Co., St. Paul. Paid up capital stock.... I. ASSETS. $292,800 00 Amount loanedjon real estate security, (first liens). Cash on hand and in bank... Premiums in due course of collection. Aggregate amount of all actual available assets..... $2,000 00 100 00 405,637 50 146,002 02 777 38 $554,516 90 $14,644 41 54,463 89 Amount required to safely reinsure all outstanding risks All other demands against the company. Total liabilities, except capital and net surplus 116 60 $69,224 90 Joint stock capital paid up in cash 292,800 00 Surplus beyond capital. 192,492 00 Aggregate liabilities, including paid up capital and surplus $554,516 90 III. INCOME, 1875. $102,475 54 Gross cash premiums received.. Net cash actually received for premiums. $87,268 40 200 00 34,291 01 $121,759 41 $78,891 22 115 73 $78,775 49 15,792 74 32,560 41 5,403 15 $132,531 79 Total amount of outstanding risks Dec. 31, 1875. $5,817,697 00 1,266,695 95 Amount of losses paid, including $17.50 occurring prior to last statement.... 1,287 00 Amount of losses incurred, claimed and unclaimed. 1,319 50 Amount of interest money received on loans in State.. Attorney to accept service in Minnesota, C. H. BIGELOW, St. Paul. Interest due and accrued on bonds and stocks not included in 64,149 81 All other property, viz.: Salvage property and claims on losses already paid; total.. 6,000 00 Aggregate amount of all actual available assets...... $291,344 18 II. LIABILITIES. Gross claims for losses adjusted and unpaid..... $12,462 56 Total gross claims for losses.. Net amount of unpaid losses... Amount required to safely reinsure all outstanding risks. Total liabilities, except capital and net surplus. Joint stock capital paid up in cash.. Surplus beyond capital $12,462 56 $12,462 56 56,014 95 70 00 $68,547 51 200,000 00 22,796 67 $291,344 18 Aggregate liabilities, including paid up capital and surplus. III. INCOME, 1875. Gross cash premiums received.... Deduct reinsurance, rebate and return premiums.. $247,827 98 Net cash actually received for premiums.. |