56 INFORMATION RELATING TO INSURANCE AND THRIFT 



The premiums paid in 1913 were as follows : 



For the insurance of horses specially. 112,014 niarks 



" » » « horned cattle » . 28,241 » 



» reserve fund 7.224 » 



and generally 95.852 » 



Total . . . 243,331 » 



This sum constitutes 1.53 per cent, of the average amount of the in- 

 sured capital during the year. Other receipts and interest etc. brought 

 the societies 19,970 marks or 0.13 per cent, of such average amount. The 

 receipts were thus altogether 263,301 niarks or 1.66 per cent, of the average 

 amount of the insured capital. Of this sum the following sums were 

 spent : 



On indemnities 188,612 marks or 1.19 per cent, of the insured capital 

 On costs of 



administration 27,693 » » 0.17 » » » » » 



On increasing 



reserve fund . . 10,778 » « 0.07 » » '■ >» » 



On other ex- 

 penses . . . 13,184 » » 0.08 » » )» » )> 



Total . . . 240,267 » » 1. 51 )) » » » » 



There was thus a net profit of 23,040 marks. 



Costs of administration reached 11. 4 per cent, and other . expendi- 

 ture — costs of organization, interest, etc. — 5.4 per cent, of the premiums 

 received. 



The balance-sheets of the societies showed at the end of the year, 

 when the amount of engagements had been deducted, an excess on the re- 

 ceipts side amounting to 90,984 marks or 5.50 marks for everj^ 1000 marks 

 of insured capital. 



