About the Book
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 Excerpt: ...in force December 31, 1918 $339,471,048 $2,429,633.58 $12,148,167.90 Risks in force December 31, 1919.... 382,587,687 2,751,249.71 13,756,248.55 MISCELLANEOUS Premiums received from organization to date $22,922,731.78 Losses paid from organization to date 3.040,180.80 Dividends paid policy-holders since organization 17,486,145.80 Losses incurred during the year 209,585.53 Percentage of cash premiums returned during the year as profit or surplus: 41.50 per cent, to 88.58 per cent. NEW HAMPSHIRE BUSINESS Risks written $5,629,525.00 Premiums received 48,985.70 Losses paid 10,320.08 Losses incurred 1,425.42 RUBBER MANUFACTURERS MUTUAL INSURANCE COMPANY Boston, Mass. Incorporated Nov. 4, 1884. Commenced busines s Jan. 15, 1885 Licensed in New Hampshire Aug. 11, 1913 Arthur H. Lowe, President Benjamin Taft, Secretary Amount of ledger assets December 31, of previous year $943,390.47 INCOME Net premiums $847,870.98 Gross interest and rents 41,316-24 Income from all other sources 112.50 Total income $889,299.72 DISBURSEMENTS Net amount paid for losses $63,899.48 Dividends to policy-holders 614,736.16 Commissions or brokerage 74.80 Salaries and fees of officers and employees 16,082.19 Rents 1,869.98 All other taxes, licenses and insurance department fees 4,398.48 Loss on sale or maturity of ledger assets 80.00 All other disbursements 21,551.20 Total disbursements $722,692.29 Balance $1,109,997.90 ASSETS Book value of stocks and bonds $952,501.92 Cash in office and banks 106,148.78 Agents' balances 51,347.20 Total ledger assets $1,109,997.90 NON-LEDCER ASSETS Interest and rents due and accrued 13,357.98 Gross assets $1,123,355.88 Assets not admitted 77,456.92 Total admitted assets $1,045,898.96 LIABILITIES Net amount of unpaid losses $12,702.00 Unearned premiums on ou...
