Show INSURANCE FUND RECEIPTS JUMP Manager l Caine Publishes Statement for Past 18 V Months l Bond Investments of or the state In Insurance insurance ur- ur ance fun fund funil accor according tt to a report of ot Charles A. A Caine manager manag for the eighteen cis months from JuI July I 1 1 1917 to December 21 il 1 1918 1915 Just mado made public amount to lG of or which arc are in n Liberty bonds G In city and waterworks bonds in electric dee elec light hl in school district bonds and 88 In war savings stamps tamps Receipts during the cited died aggregate aggregate ag as' 3 a arid add d the expense IS which includes l CK Invested In bonds The rho statement shows ASSETS Bond Kond investments In r lr Accrued Interest Office equipment O duo bUd i. i Cash on hand V i V LIABILITIES Deposit premiums returnable ble hIe 11 Gross Gruss ross r reserve o IO Net benefits 1 paid I I Reserve for maturities l Compensation unclaimed 30 2093 09 3 Dills Ellis payable I 1631 Sec 79 a 79 50 I Dividends cn 5 accrued JS S Surplus I us fj S 1 26 This shows show an accumulation of or I 1 in assets the establishment of ot reserves of li and anti surplus of or after paying all benefits expenses and dividends of or 1 13 IS per cent centon centon on general cla classes and 3 5 per cent on coal oal and keeping the state appropriation tion of Intact The surplus earn earned ell Is about double tho the Ic legal al re reQuirement requirement requirement re- re and will be greatly great In Increased Increased increased In- In creased by bO further savings and Interest interest interest Inter inter- est earning earning- on investments each year carThe car The reserve reser of or Is la more than twice t the estimated requirement to mature all claims and If we c maintain a similar loss ratio substantial additional distribution to will be made front from this source The Tho n net t premium income was fully earned The gross ro s expense ratio was per cent of or the thc thenet net nei premiums TIre The significant features of or tho last six months' months says Mr MT Caine are arc the Increase In assets from 1276 to lo G Increase in surplus surplus sur sur- plus from toni rom to lo In InCrease Increase Increase In- In crease in reserves from 7 to lo and the crediting upon ic- ic nowal premiums of or of or divi end s. s 1 I |