The San Francisco call., 1913-07-16
STATEMENT
OF THE CONDITIONS AND AFFAIRS OF THE
OLD COLONY INSURANCE
COMPANY

OF BOSTON in the state of Massachusetts, on
the 31st day of December, A. D.. 1912, and for
the year ending that day. Published pursuant
10 the Provisions of Section GIL of the Political
Code and compiled from the annual statement
filed with the Insurance Commissioner Of the
CAPITAL
Amount of capital stock, paid up
In cash *4Oo, ,ooo.00
ASSETS
Mortgage loans .................... 100000
Cash market value of all stocks and
bonds owned by company ......... 1, 900, 500. 90
Cash in office. Observation-Disclosures. e.s5s.40
Cash In banks. Observation-Disclosures. S3.1g7. So
Interest due and accrued ... 9135.Oo
Agents balances representing busi-
ness written subsequent to Oct. l,
Bills receivable. not matured, taken
for fire and marine risks ........ 10000
Total assets ...........,...s1,aa4 1874. .7es. .o5
LIABILITIES
Losses adjusted and. unpaid -...... s1,272.74
in suspense ................... 5s,s1o.os
Losses resisted. Including expenses 5,o50.O0
Unearned premiums fire risks run
ming one year or less, 30 per cent 141,e2ao5
ming more than one year, pro rata 1o5.e7a.1s
Unearned premiums on inland navi-
CATION risks, so per cent. .-...o... A, ,o64 20
Unearned premiums on marine risks,
so and 100 per cent. .........::.. 17.s7s.54
Estimated taxes hereafter payable
based upon this years business. 5.o551s
become due - :. ........... 'e -, 80 - s,ss5.47
premiums ................... 2se. 30
All other liabilities. es................. 2.60
Total liabilities ...:........ s4so, ,os7. .8s
INCOME
Net cash actually received for fire
premiums -, .......,..-............ s4s2, ,5s2.ss
Net cash actually received for marine
Received for interest on mortgages. 2,s9S. 90
Received from interest and dividends ~
on bonds. stocks, loans and from
all other sources. s..........e;,-..: 45,245.15
Gross profit on sale or maturity of
ledger assets ......... s2s.5o
Gross increase in book value of led
ger assets .................... 1925
Total income ............s..... ss25, .ss
EXPENDITURES
Net amount paid for fire losses s247.s 900. 40
Net amount paid for marine losses. 67,724. .l3
Expenses of adjustment and settle
ment Of losses. .:..........,.... 7.sao.s5
brokerage .............. 129, ,3ess4
charges for officers, clerks. ETC.. 2s,5osos
taxes ........................ 1861. 30
All other expenditures. es.....-....- 21,110S1
Total expenditures s........ s514 COS Is
Fire Marine
Losses incurred during the
year ..--......a--*.-.. -$245. .S66.S2 S73,oS9. .13
RISKS AND PREMIUMS
Fire Risks Premiums
Net amount OF risks
written during the
year .x1U, ,540, ,S06 1874 7JS. 80
Net amount of risks
expired during the
year ...........-..... e2,soo,15a e62 o48 SO
Net amount in force De-
cember 81, 1912. ..... 64176.2T5 629. 500 81
Marine Risks Premiums
Net amount Of risks
written during the
year ;......:..:..... .s12. .oso.4 s2s2. 1856 1a
Net amount Of risks ex-
expired during the
year ............... 1o573.775 "a, ,2ss 40
Net amount in force De-
cember 81, 1912. 4i06 $50 123. GIL go
WILLIAM II. HEDGE. Vice President
CHARLES ID. HODGES, Secretary.
Subscribed and sworn to before me this Goth
day of January, 1913.
JOHN r. MORGAN, Notary Public.
CURTIS & GORDON, MGRS.,
Pacific Coast Department
400 CALIFORNIA STREET
San Francisco. CAL