Fidelity-Phenix Fire Insurance Co.
 

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OF    NE'WTrOR.K
 

ANNUAL
 

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STATEMENT
 

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Annual Statement, January 1st, 1929
 

ASSETS

Bonds and Sutckb 'Market Vatue Dec. 31st
I^eal Estate        -        .        -        .        .

Loans on bond and mortgage
Premiums in course of colledtion
I ntere^, dividends and rents accrued
Cash on deposit and in office

Total  Assets             •
 

$66,323,917.00

1,731,928.82

6,000.00

2,798,960.21

503.416.62

1.500,808.08

$72,865,030.73
 

LIABILITIES

Unearned premiums         ...         $22,726,704.31

Losses in process ol adjustment           ...        2,494,354.99

All other claims.....1,615,882.51

Reserve lor contingencies   and dividends         .      .         2,000,000.00

Reserve for market fluctuation in securities         -            4,500,000.00
 

Cash Capital
Net Surplus
 

$10,000,000.00
29,528,088.92
 

Policyholders Surplus
 

$39,528,088.92
$72,865,030.73
 

INCOME AND  PROFIT AND LOSS ACCOUNT  FOR  YEAS  ENDINti  DeCEMBEK 31, 1928:

INCOME:

Premiums...............................................................................................$     21,468,796.66

Interest, dividends and rents.............................................................................        2.981,179.45

Profit on sales ol stocks  and bonds (net)...............................................................         1.173.826.00

Increase by adiustment in book value of stocks and bonds (net).............................................        5,022.955.71

$   30.646,756.82
DISBURSEMENTS

Losses...................................................................................$   9.546.402.22

Expenses..................................................................................     9.820.751.66

Dividends..................................................................................     1,999.852.00

Increase in unearned  premium reserve.....................................................         410,208.12

Increase in special reserves..............................................................       1,000.000.00   22.777.214.00

Increase in surplus........................................................................................$     7.869,542.82

Net surplus January 1.   1928...............................................................................      21,658.546.10

Net surplus January  f. 1929...............................................................................$  29.528,088.92
 

A.MER.ICA.    FOB.E
 

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