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590 DocuMEXT Xo. 10. [Session GENERAL INTERROGATORIES. Largest amount written on any one risk_ __$ 20,000 00 Losses incurred during the year—fire 300,692 86 BU.SINESS IN THE STATE OF NORTH CAROLINA DURING THE YEAR. Fire Risks. Risks written S 245 . 922 . 00 Premiums received .^... 2,370.80 Losses paid 1,1 67. 20 Losses incurred 1, 167. 20 SALAMANDRA INSURANCE COMPANY. Incorporated January. 184,6. Commenced Business in United States October, 1S46. Albert Wilcox & Co., United States Managers. Head Office in United States, 58 William Street, New York, N. Y. CAPITAL DEPOSIT, $200,000.00. -Amount of net or ledger assets (as per balance) December 31 of previous year.S 1 ,988.861 .90 INCOME. Fri,.re. Gross premiu ms $ 3 , 23 1 . 102 . 90 Deduct reinsurance, rebate, abatement and return premiums.. 673,078 88 Total premiums (other than perpetual) 2,558.024.02 Gross interest on bonds and dividends on stocks S 66,939 46 Gross interest on deposits 10,261 .24 Total gross interest - 77 ,200 . 70 Gross profit on sale or maturity of ledger assets (bonds) 1,051 .80 Gross increa.se in book value of ledger assets (bonds) 110,379.41 Total income -- $ 2,746,655.93 .Amount carried forward S 4,735,517.83 DISBURSEMENTS. „. Fire. Gross amount paid policyholders for losses (including SIOS,- 710.06 occurring in previous years) S 1 ,234,581 96 Net amount paid policyholders for losses 1 ,234.581 ,96 Commission or brokerage 719. 517. 20 Salaries, tees and all other charges of officers, directors, trustees and home office employees — 1 . 560 47 Advertising 177. 88 Fire department, fire patrol and salvage corps assessments, fees, taxes and expenses - 189. 76 Stale taxes on premiums 1 ,701 .14 Insurance department licenses and fees 1. 365 . 68 Renntted to home office 360,000,00 Total disbursements S 2,319,094 09 Balance -- » 2.416,423.74
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Title | Page 1445 |
Full Text | 590 DocuMEXT Xo. 10. [Session GENERAL INTERROGATORIES. Largest amount written on any one risk_ __$ 20,000 00 Losses incurred during the year—fire 300,692 86 BU.SINESS IN THE STATE OF NORTH CAROLINA DURING THE YEAR. Fire Risks. Risks written S 245 . 922 . 00 Premiums received .^... 2,370.80 Losses paid 1,1 67. 20 Losses incurred 1, 167. 20 SALAMANDRA INSURANCE COMPANY. Incorporated January. 184,6. Commenced Business in United States October, 1S46. Albert Wilcox & Co., United States Managers. Head Office in United States, 58 William Street, New York, N. Y. CAPITAL DEPOSIT, $200,000.00. -Amount of net or ledger assets (as per balance) December 31 of previous year.S 1 ,988.861 .90 INCOME. Fri,.re. Gross premiu ms $ 3 , 23 1 . 102 . 90 Deduct reinsurance, rebate, abatement and return premiums.. 673,078 88 Total premiums (other than perpetual) 2,558.024.02 Gross interest on bonds and dividends on stocks S 66,939 46 Gross interest on deposits 10,261 .24 Total gross interest - 77 ,200 . 70 Gross profit on sale or maturity of ledger assets (bonds) 1,051 .80 Gross increa.se in book value of ledger assets (bonds) 110,379.41 Total income -- $ 2,746,655.93 .Amount carried forward S 4,735,517.83 DISBURSEMENTS. „. Fire. Gross amount paid policyholders for losses (including SIOS,- 710.06 occurring in previous years) S 1 ,234,581 96 Net amount paid policyholders for losses 1 ,234.581 ,96 Commission or brokerage 719. 517. 20 Salaries, tees and all other charges of officers, directors, trustees and home office employees — 1 . 560 47 Advertising 177. 88 Fire department, fire patrol and salvage corps assessments, fees, taxes and expenses - 189. 76 Stale taxes on premiums 1 ,701 .14 Insurance department licenses and fees 1. 365 . 68 Renntted to home office 360,000,00 Total disbursements S 2,319,094 09 Balance -- » 2.416,423.74 |