AMERICAN INSURANCE COMPANY. BOSTON, MASS. Incorporated June 12, 1818. Commenced business June, 1818. Unearned premiums at fifty per cent. of gross premiums.... 175,366.09 Dividends to stockholders unpaid...................... 177.00 Due and accrued for salaries, rent, and incidental expenses.. 2,490.11 Commissions and brokerage... 4,513.48 Paid-up capital.... $300,000.00 Surplus beyond all liabilities.. Surplus as regards policy-holders. Total liabilities, including capital and surplus...... 40,927.91 340,927.91 $562,071.70 Interest and dividends from all other sources. Income from additional premiums... Gross cash income... EXPENDITURES. $218,763.49 22,662.56 3,442.69 $244,868.74 MISCELLANEOUS. Premiums received from organization to date... Fire, marine, and inland losses incurred during the year.. Amount loaned to officers and directors.. BUSINESS IN NEW HAMPSHIRE, 1894. $11,325,264.00 7,894,713.00 143,195.00 2,761,500.00 22,400.00 8,916.00 15,000.00 Incorporated February 20, 1846. Commenced business April 1, 1846. F. H. HARRIS, President. CASH CAPITAL, $600,000.00. ASSETS. J. H. WORDEN, Secretary. $256,7 ,773.98 1,423,996.75 23,751.83 $3,659,070.00 1,755,925.00 659,495.00 1,991.54 Cash value of real estate, less encumbrances thereon.. Value of mortgaged premises.... Market value of stocks and bonds.. Cash in company's office.... Cash deposited in bank.. Interest due and accrued... 33,488.06 8,064.16 40,425.58 Gross premiums in course of collection. Rents due and accrued...... LIABILITIES. Net amount of unpaid losses.. $48,511.79 Unearned premiums at fifty per cent. of gross premiums.. 479,894.88 $666,502.83 $529,863.50 Total liabilities, including capital and surplus...................... Cash received for gross premiums INCOME. Deduct re-insurance, rebate, and return premiums.... Net cash received for premiums-all fire.... Received for interest on mortgages.... Gross cash income... 72,970.29 32,678.35 2,092.51 $637,604.65 Net amount paid for losses-all fire... Dividends paid stockholders and policy-holders.. EXPENDITURES. Gross amount paid for losses... $314,043.12 Deduct salvage and re-insurance.......................... 38,410.49 $275,632.63 61,753.00 98,793.03 49,725.13 State and local taxes... 22,344.09 31,753.32 $540,001.20 Commissions and brokerage.... Salaries and fees of officers and employés.. Premiums. $113,413,138.00 $1,012,168.39 65,701,713.00 662,028.61 $179,114,851.00 $1,674,197.00 73,400,184.00 673,623.36 $105,714,667.00 $1,000,573.64 3,669,098.00 Net amount in force Dec. 31, 1894....... $102,045,569.00 40,783.89 $959,789.75 MISCELLANEOUS. Premiums received from organization to date..... Losses paid from organization to date...... Fire losses incurred during the year...... Cash dividends declared since commencing business.... BUSINESS IN NEW HAMPSHIRE, 1894. Fire risks written.... Premiums received. Losses paid.... Losses incurred. $8,805,541.54 3,592,651.67 276,613.39 1,980,660.26 58,250.00 60,000.00 $175,108.00 1,832.42 52.05 52.05 Loans on mortgages of real estate (first liens).... Interest due and accrued thereon...... $20,500.00 210.83 |