The Devils Lake world and inter-ocean. (Devils Lake, N.D.) 1915-1920, 1918-06-05
ABSTRACT OF STATEMENT.
For the Year Ending December 81

OF SlAVEMeNus
For the Year Ending December q.
A. Q. 1911.
OF the condition and affairs Of the
London Assurance corporation OF London
England, organized under the laws OF the
Commissioner OF Insurance Of the State
of North Dakota. in pursuance OF the laws
of said State.
Charles L. Case. United States Manager.
Prlncipnl-OfHce. London, England.
Organized or Incorporated, 1920.
Commenced business In United states
ASSETS.
Stocks and bonds. ........ $4,041.610.O1
Cash on hanl and In bank... 1.4Ol. SILL
Interest due and accrued -. 62,25O.uo
Premiums in course Of collec-
ton. aud transmission $3.50. 152,6lZ.oA
All other SUMS due to the
us se%ns9y asset: s:c;;.: :::::::: 49, ss SIS
rota, assets ............ $500 o4.sa
LIABILITIES.
Gross claims for y.
losses unadjusted :
and adjusted and
unpaid ........Sl.1t+,46o.SO
Losses resisted by
the cOmpany.... 81. $500
Total gross
q m y II III oI
claims for loss
es .........S 81 500 21.30 i
Deduct r%e-insur-
ance and sal
wage laims
thereon ....... ~ 90
Net amount of unpaid losses 1,154.5SS'Se
Amount of un"arned premt-
iums on all outstanding -
pc cemm;ssi" "ni. and brokerage s6,s99.s7
fs.e74.s72.e4
All other liabilities ......... SS3S, 1881
Tota, liabilities s4,o1s, 6lo.45
RECEIPTS.
Premiums received during 90 ..
the year In cash .......... S4.aSS,45O.e7
Interest, rents ana dividends
received during the year.. lId,05O.so
A" "ther sources ............ 1s7.s7o.Je
Total receipts ............ S4.9l3.s6l.12
DISBURSEMENTS.
Losses paid during the year. l,999, l5l.51
Dividends. commissions and
brokerage paid during year S94,959 10
Paid for salaries. taxes, fees
and other charSes......... 45S, 7l5.9S
Amount Of all other disbnrse-
mentS VA s"-'VS
Total disbursement. 49,. s3,s77, $751;
NORTH DAKOTA BUSINESS.
Total risks taken during the
Total premiums received dur
ing the year ............. S.OIo.V0
Total losses incurred during
the year .-............. 1c1''H
Total amount of losses paid
during the year .....::.-. S4s."
STATE OF NORTH DAKOTA.
Office of Commissioner OF insurance.
l.. S. A. Olsncss, Commissioner Of 1nsur.
anrn Of the State nf North Dakota, do
hereby certify that the foregoing is a true
abstract Of the original statement now on,
In Testimony Whereof. I have %hereunto
SGT my hans aud affixed the seal of this
| office ut Bismarck the First day "f April.
iSEAL $. A. OLSNEss,
Commissioners Of Insurance.
lSYATE or NORTH DAKOTA,
Office Of Commissioner OF insurance.
cOMpANYi's CERTIFICATE OF
AUTHORITY.
Whereas. The London Assurance Corp.r
! Great Britain. has filed In this office =
sworn statement exhibiting Its condition
and business for the year ending Decem-
her 81. 1917, confOrma,le to the require
ments Of the laws Of this state, regulating
the business Of Insurance. and,
Whereas, The said Company has flied In
this office a duly certified copy of it,
charter with certificate Of organization In
compliance with the requirements of the
Insurance laws aforesaid.
missioner Of Insurance Of the State Of
North Dakota, pursuant to the provisions
Of said laws, do hereby certify that the
through its authorized agents. to transact
it's appropriate business Of Authorised In
surance In this state according to the
laws thereof, until the 31st day OF March.
A.. D. 1919.
In Testimony Whereof, have hereunte
set my hand and seal at Bismarck. this
First day of April, A.. D. 1918.
lSEAL) 8. A. OLSNESS,
Commissioner Of Insurance.