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BEST'S INSURANCE REPORTS—FIRE AND MARINE. 63
CAMDEN FIRE INSURANCE
Reynolds, Chas. A., manufacturer, Camden, N. J. Sewell, Wm. J., Jr., banker, Camden. N. J.
Somers, Frank C., Haddonfield, N. J.
Truscott, J. Lynn, vice-president of company.
General Agents.
Edmund Winchester, Boston. Mass., manager New England Department.
Henry J. Ide, Boston, _Mass., manager for " Eastern Underwriters" for New England.
A. J. Woodworth & Co., Syracuse. N. Y., general agents New York State.
Wallace Reid, New York City, general agent for New York City.
Lohmeyer-Goldsmith-Patterson Co., Charlestown. W. Va.. general agents West Virginia.
Jerome & Brown, Atlanta, Ga., managers Southeastern Department. and for "Eastern Underwriters Agency " for Florida.
Loren H. Green & Co., Jacksonville, Fla., general agents for Florida.
Cravens. Dargen and Roberts, Houston, Texas, general agents for Texas.
Cashman & Evans, Denver, Colo., general agents for Colo Walsh Bros.. Inc., Omaha, Neb., general agents for Neb. Reynolds-Morrison-Rathbone Co.. Omaha, Neb., general
agents for Ia., Kan. and " Eastern Underwriters Dept."
for Neb.
Gross R. Scruggs & Co., Dallas, Tex , general agents for Oklahoma-and Arkansas. and for " Eastern Underwriters" for Texas.
E. E. Potter & Sons, managers for " Eastern Under-writers " for Pacific Department.
Moss Co.. Inc., managers. New Orleans, T,a., for La.. Miss. and Central America.
Chas. N. Roe. Detroit. Mich., general agent for Indiana and Michigan.
Balfour, Guthrie R Co.. San Francisco, Cal., general agents for Cal . Oregon. Washington, Montana and Hawaii.
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Stockholders' Annual Meeting.—First Thursday in February. | |||
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INCOME, 1919. Marine Fire, etc. and Inland. | |||
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Gross premiums written... |
$6.177,186 |
51 |
$438.492 94 |
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Less reinsurance |
989,42S |
18 |
175.314 57 |
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Less return premiums .. |
1.390.344 |
93 |
27.830 0!) |
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Total net premiums . $3. 797.413 |
40 |
$235,34S 28 | |
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Deposit premiums on perpetal risks |
1.462 18 | ||
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Interest, etc |
253. 161 91 | ||
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Other income |
2.096 SO | ||
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TOTAL INOOME $4.2S9.482 57 | |||
ASSOCIATION — Continued. DISBURSEMENTS, 1919. Net losses paid:
Fire and miscellaneous $1,420,394 5.
Marine and inland 284, 561 13
TOTAL $1,704,955 64
Underwriting expenses 1. 597, 392 87
Dividends to stockholders 117,977 20
Deposit premiums returned 1.314 50
Other disbursements 129,256 89
TOTAL. DISBURSEMENTS $3,550,897 10
Ratios to 1'rciniions Written. Losses paid, fire, etc., 36.9% : marine. 120.9%; incurred, 44.6%; underwriting expenses, 39.6% ; underwriting profit, 4.5%.
Ratios to Premiums Earned.—Losses incurred, 49.3%; expenses incurred. 45.7%: underwriting profit, 5.0%. Miscellaneous, 1919.— Net risks in force December 31, 1919, fire and miscellaneous, $561,171.341; marine and in-land, $6,228,520; net premiums in force, fire and miscellaneous, $5.707.960.30; marine and inland, $75,40420; perpetual risks in force, not included in above, $1,300,607; perpetual deposits held, $31,500.75.
L-nderarriting Exhibit, 1919.—Premiums earned during 1919. $3.646,200.62: loss from underwriting profit and loss items. $107.01: total. $3,646,093.61.
Losses incurred (luring 1919. $1.797.428.42; underwriting expenses incurred during 1919. $1,665.808.53; total, $3.-463.236.95.
Gain from underwriting during 1919, $182,856.66. Investment Exhibit, 1919.—Interest, etc., earned during 1919, $264.389.02: profit on investments during 1919, $2,-069.S0: total, $266,458.82.
Loss on investments during 1919, $142,348.6S; investment expenses incurred during 1919, $9,357.68: total, $151,-706.36.
Gain from investments during 1919, $114,752.46.
Gain and Loss Exhibit. 1919.—Gains: Underwriting, $1S2,S56.66: investments, $114,752.46; total, $297,609.12. Loss from other sources. `60.000: dividends, $117,999.30; total, $177.999.30.
Surplus. December 31, 1918, $980,390.18: increase, $119,-609.82: surplus, December 31. 1919, $1.100,000.
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Net Premiums |
Net Losses | |
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'MISCELLANEOUS CLASSES: |
Written. |
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Tncurred. |
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Motor vehicles |
$256. 314 |
00 |
$161,040 00 |
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Windstorm and tornado .... |
58.008 |
00 |
18.397 00 |
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Sprinkler leakage |
3.613 |
00 |
3.385 00 |
CANADA ACCIDENT AND FIRE ASSURANCE COMPANY,
232 St. James Street, Montreal, (Que.
ADMITTED ASSETS, DECEMBER 31, 1919.
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Bonds and stocks owned (market value) .. . |
$486. I80 |
11 |
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Interest due and accrued thereon |
3.395 |
69 |
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Cash in banks and office |
37, 571 |
18 |
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Agents' balances not over three months due. |
54, 365 |
61 |
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Amount of sundry deposits |
18, 994 |
72 |
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Agents' balances over three months due |
4, 349 |
65 |
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Other admitted assets |
3, 550 |
00 |
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TOTAL ADMITTED ASSETS |
$608, 906 |
96 |
LIABILITIES. DECEMBER 31, 1919. LOSSES: Adjusted, not due, $2,500; in
process of adjustment, $75,214.86; re-
silted, $13,450: total $91, 164 86
Unearned premiums 152. 146 97
Estimated taxes hereafter payable 3.000 00
Funds held under reinsurance treaties 21, 925 84
Reserve on unsecured reinsurance (fire).. 37.116 27
TOTAL LIABILITIES, except capital.
CAPITAL PAID UP
NET SURPLUS
TOTAL $608. 906 96
$305, 353 94 43. 320 00 260, 233 02
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