Annual Report of the Insurance Commissioner of the State of North Carolina ...
Annual Report of the Insurance Commissioner of the State of North Carolina ...
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00 New Business. Renewals.
Gross premiums due and unreported on policies in foroe December 31, 1901 $ 48,82'>.:}9 $ 154.689.31 Gross deferred premiums on policies in foroe Decem- ber 31, 1901 51,986.18 269,129.41 Totals . 8 95,3'>8.57 $ 413,718.72 Deduct cost of collection of same 47,130.09 27,305. 4i S 48,178.48 S 386,413.28 Net amount of uncollected and deferred premiums ' 434, 591. 76 Total assets $ 19,611,429.64 LIABILITIES.
Net present value of all policies in force December 31, 1901, com-... puted according to the Actuaries' Table of Mortality, with 4 per cent, interest and American Table at 3% per cent - $ 17,486,170.00 Deduct net ralue of risks re-insured 54,777.00 Net reserve $ 17,431,393.00 Present value of undue installment policies 10,533.00 Death losses reported but no proofs received $ 65,223.21 Policy claims resisted by the company 3,600.00 Total policy claims 58,723.21 Premiums paid in advance 5,405. 28 Special reserve for deferred dividends 26, 000. 00 Liabilities on policy-holders* account $ 17,532,054.49 Digitized by Google Life Insurance Companies.
What to read after Annual Report of the Insurance Commissioner of the State of North Carolina ...?
You can find similar books in the "Read Also" column, or choose other free books by North Carolina. Dept. of Insurance to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
00 New Business. Renewals.
Gross premiums due and unreported on policies in foroe December 31, 1901 $ 48,82'>.:}9 $ 154.689.31 Gross deferred premiums on policies in foroe Decem- ber 31, 1901 51,986.18 269,129.41 Totals . 8 95,3'>8.57 $ 413,718.72 Deduct cost of collection of same 47,130.09 27,305. 4i S 48,178.48 S 386,413.28 Net amount of uncollected and deferred premiums ' 434, 591. 76 Total assets $ 19,611,429.64 LIABILITIES.
Net present value of all policies in force December 31, 1901, com-... puted according to the Actuaries' Table of Mortality, with 4 per cent, interest and American Table at 3% per cent - $ 17,486,170.00 Deduct net ralue of risks re-insured 54,777.00 Net reserve $ 17,431,393.00 Present value of undue installment policies 10,533.00 Death losses reported but no proofs received $ 65,223.21 Policy claims resisted by the company 3,600.00 Total policy claims 58,723.21 Premiums paid in advance 5,405. 28 Special reserve for deferred dividends 26, 000. 00 Liabilities on policy-holders* account $ 17,532,054.49 Digitized by Google Life Insurance Companies.
What to read after Annual Report of the Insurance Commissioner of the State of North Carolina ...?
You can find similar books in the "Read Also" column, or choose other free books by North Carolina. Dept. of Insurance to read onlineMoreLess
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