30 



ITALY - INSURANCE AND THRIFT 



The following table shows the difference in the case of each mutual 

 society between the reinsur?nce premium and the indemnities received, 

 the reimbursement quota being calculated as 60 per cent, ot this difference : 



Name of Mutual Society 



Alta Staggia . . . 



Ambra 



Modigliana .... 

 Poggibor.si .... 



Porcari 



Prato 



Tizzana 



Valtriano 



St Quirico d'Orda 



Premiums 

 paid 



Indemnities 

 received 



received 



paid 



723.27 



7.94-42 

 156.68 

 180.50 



42493 

 1,203.61 



441-63 

 225.00 



384.58 



4.53462 



131-77 

 118.84 



116.38 



12.55 



365.38 



0-54 

 264,78 



Quota 

 reimbursed 



78.82 

 71-30 



34-90 

 7-52 



158.86 



570.75 



In the cases of the mutual societies of Ambra and St. Quirico d'Orcia, 

 it should be noted further that the difference as calculated in the third column 

 is not the arithmentical difference between premiums paid and indemnities 

 received, since these two societies paid the reinsurance premium the one to 

 cover the period up to 28 February 1918, the other to cover that up to 30 Sep- 

 tember 1917 ; and naturally in distirbuting premiums only the premiums 

 due up to 30 June 1917 were taken into account. 



, Finally the federation devoted much of its activity to helping, e.-5pecially 

 in the matter of book-keeping, the adherent mutual societies ; and to propa- 

 ganda in favour of the economical feeding of live stock, the more extensive 

 cultivation of forage crops, and more intensive .stock farming. In recogni- 

 tion of the federation's beneficent work the INIinistry of Agriculture granted 

 it a subsidy of 1500 liras., and this with- half the year's profits — 570.75 

 liras — amounted to 2,070.75 liras, which sum constituted the federal reserve 

 on 30 June 1917. 



