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Alabama..
Alaska..
Arizona
Arkansas..
California.

Jan., 1905

Jan., 1905

Colorado....
Connecticut
Delaware..
District of Columbia.

June, 1904

Jan., 1905

E. R. McDavid ....Montgomery Secretary of State......

Jan., 1997
William L. Distin.. Sitka. Surveyor-General.

Phænix.... Secretary of Territory..
T. C. Monroe. Little Rock.. Aud. of State & Ins. Com.. Jan., 1905
E. Myron Wolf.... San Fran'co. Insurance Commissioner
F. S. Tesch..

Denver.. Deputy Supt. of Insurance.. Jan., 1905
Theron Upson.. Hartford. Insurance Commissioner.... Jan., 1905
Geo. W. Marshall.. Milford Insurance Commissioner.... Jan., 1905
Thos. E. Drake.... Washington. Superintendent of Insurance
Wm. V. Knott.. Tallahassee.. State Treasurer..

Apr., 1905
W. A. Wright.. Atlanta. Insurance Commissioner...
A. N. Kepoikai Honolulu.... Insurance Commissioner.

Feb., 1906
John H. Myers..... Boise City.. Insurance Commissioner.
W. R. Vredenburgh Springfield.. Superintendent of Insurance Jan., 1905
David E. Sherrick.. Indianapolis. Auditor of State.........

Jan., 1905
B. F. Carroll....... Des Moines.. Auditor of State....

Jan., 1906 Charles L. Luling.. Topeka ..... Superintendent of Insurance Jan., 1905 Henry R. Prewitt... Frankfort Insurance Commissioner.... Jan., 1906 E. J. McGivney.... Baton Rouge Asst.-Secretary of State....

May, 1906 Stephen W. Carr... Augusta . Insurance Commissioner.... Jan., 1905 Lloyd Wilkinson.... Baltimore... Insurance Commissioner.... Jan., 1906 Frederick L. Cutting Boston.. Commissioner of Insurance. Jan., 1905 James V. Barry... Lansing Commissioner of Insurance. Jan., 1905 E. H. Dearth

St. Paul.. Insurance Commissioner.... Jan., 1905 W.Q. Cole....

Jackson..... Aud. Pub. Act's & Ins. C'r.. Jan., 1906 Robert G. Yates. Jeffers'n City Superintendent of Insurance Jan., 1905 J. H. Calderhead Helena.. State Auditor.....

Jan., 1905
Chas. Weston... Lincoln Auditor of Public Accounts. Jan., 1905
S. P. Davis

Carson City. Stare Controller....
John C. Linehan... Concord..... Insurance Commissioner.... Jan., 1905
D. O. Watkins... Trenton Insurance Commissioner.

Jan., 1905
W. G. Sargent..... Santa Fe..... Territorial Auditor....

Jan., 1905 Francis Hendricks.. Albany... Superintendent of Insurance Jan., 1905 James R. Young.... Raleigh... Insurance Commissioner... Jan., 1905 Ferd. Leutz.

Bismarck Commissioner of Insurance. Jan., 1905 Arthur I. Vorys.... Columbus.. Superintendent of Insurance Jan., 1906 Wm. Grimes.. Guthrie. Sec. and Ins. Commissioner Jan., 1905 F. I. Dunbar.

Salem

Secretary of State..... 1. W. Durham Harrisburg. . Insurance Commissioner.... Jan., 1905 Charles Har zell. San Juan... Secretary...

Jan., 1906
Charles C. Gray... Providence.. ( Insurance Commissioner.... Jan., 1905
A. W. Jones.::

Columbia.... Comp. General of State.... Jan., 1905
John C. Perkins. Pierre... Insurance Commissioner....
Reau E. Folk Nashville... Commissioner of Insurance. Jan., 1905
W. J. Clay... Austin.... Insurance Commissioner.... Jan., 1905
Geo. B. Cortelyou.. Washington. Sec. Dept. Com'rce & Labor
J. T. Hammond.. Salt Lake C'y Secretary of State...
F. G. Fleetwood.. Montpelier.. Secretary of State..

{Oct., 1906
John L. Bacon.. White Riv.Jo State Treasurer..
Morton Marye... Richmond ... Auditor of Public Accounts. Dec., 1904
S. H. Nichols. Olympia Sec. of State and Ins. Com.. Jan., 1905
Arnold C. Scherr. Charleston.. State Auditor...
Zeno M. Host. Madison.. Commissioner of Insurance. Jan., 1905
Le Roy Grant.. Cheyenne State Auditor...

Florida..
Georgia..
Hawaii
Idaho...
Illinois..
Indiana.
Iowa..
Kansas..
Keutucky.
Louisiana..
Maine.
Maryland
Massachusetts.
Michigan......
Minnesota.
Mississippi..
Missouri .
Montana
Nebraska..
Nevada ..
New Hampshire..
New Jersey...
New Mexico...
New York..
North Carolina.
North Dakota.
Ohio.....
Oklahoma.
Oregon
Pennsylvania..
Porto Rico..
Rhode Island..
South Carolina.
South Dakota
Tennessee
Texas..
United States.
Utah...
Vermont.
Virginia..
Washington..
West Virginia.
Wisconsin..
Wyoming..

Jan., 1905

Jan., 1905

Jan., 1905

Jan., 1905

Jan., 1905

Jan., 1905

CANADA.

Dominion of Canada..
Providence of Ontario..

Wm. Fitzgerald..... Ottawa..
Dr. J. H. Hunter... Toronto

Superintendent of Insurance
Inspector of Insurance....

100,000

INSURANCE IN CANADA.
WHAT IS REQUIRED OF COMPANIES DOING BUSINESS IN THE DOMINION.
The several acts passed by the Canadian Parliament relating to insurance in the Dominion were amended and consoli-
dated by a general statute, passed during the session of 1886, which, together with amendments made in 1894, 1895 and 1899,
contains all the existing provisions for the regulation and supervision of insurance companies carrying on business in Canada.
Under this act no company can do business in the Dominion without obtaining a license from the Minister of Finance, or being
registered in the office of the Superintendent of Insurance. In order to obtain such a license every company must deposit with
the Receiver General as follows:
Canadian Fire and Inland Marine Companies.
$50,000 Canadian Inland Marine Companies...

$50,000
Foreign Fire and Inland Marine Companies..

Foreign Inland Marine Companies..

100,000 Canadian Fire Companies. 50,000 Life Insurance Companies, both Canadian and Foreign.

50,000
Foreign Fire Companies.......
100,000 Assessment Life Companies, both Canadian and Foreign.

50,000
It is provided, however, that in case of any such company incorporated elsewhere than within Canada when its liabil-
ities to policyholders in Canada, including the full reserve or reinsurance value of all its Canadian policies, exceed its assets in
Canada, then the company will be required to make good the deficit by adding to its deposits with the Receiver General, or by
creating a special trust in the hands of two or more persons resident in Canada.

Companies doing ocean marine business exclusively are not subject to the act.

Companies other than life, fire or marine, in order to do business in Canada are required to obtain a license from the
Minister of Finance, and the Treasury Board must in each case decide what shall be the amount of deposit.

Every company is required to file in the office of the Minister of Finance, annually at the beginning of each year, a
sworn statement of its condition and affairs.

The policy liabilities of life insurance companies doing business in Canada, under policies issued previous to January
1, 1900, are to be valued according to the Tables of Mortality of the Institute of Actuaries, at 43 per cent interest, until January
I, 1910. From January 1, 1910, to January 1, 1915, these policies are to be valued by the same tables of Mortality, at 4 per
cent interest; and after January 1, 1915, by the same tables, with interest at 31 per cent. All policies issued on or after January
1, 1900, are to be valued according to the Tables of Mortality of the Institute of Actuaries, with interest at 37 per cent.

Toward defraying the expenses of the office of the Superintendent of Insurance, a sum. which from fire and marine
companies must not exceed eight thousand dollars, shall be annually contributed by the companies, which sum shall be assessed
pro rata upon the gross premiums received by each during the preceding year, such sum to be paid upon the issue of the an-
nual license.

[blocks in formation]

$ $
78,502 2,608,197
76,723 2,379,710
41,118 2,216,751
10,000 2,936,293
25,000 1,797,541
25,000 1,733,675
25,000 1,684,556
25,000 1,689,051
87,500 2,004,459
25,000 1,380,443
None. 257,664
None.

229,495
None.
None. 208,138
None.

184,819
None.

215,591
None. 197,916
None. 184,499
None. 160,580
None.

134,695
None. 25,677
None.

39,534 None.

39,988
None.

31,188
None. 26,931
None. 26 923
None.

27,108
None. 25.992
None.

13,873
None. 25,528
15,000 1,006,669
15,000 917.338
15,000 $35,843
15,000 955.468

[graphic]

765,052
682,178
725,133
672,796
608,493
650,895
67,887
66,079
49,023

[graphic]

100,000 17.373,142 6,905,270 1899 1,000,000

367,872 1,000, OII 305,596 1.305,607 523,778 226,774 1898 1,000,000 TOO,OCO 6,825,117 6.361,140 363,977 965,626 265.571 1.231,197 455,974 211,204 1897 1,000,000 100,000 6,237,689 5,800,883 336,806 931,561 252,966 1,184,527 503,722 206,411 1896 1,000,000 100,000 5:779,211 5.307,280 471,931 907,322 225,296 1,132,618 451,111 206,685 1895 1,000,000 100,000 5,318,867 4,890,185 328,683 852,874 209.768 1,062,642 397,074 196,281

1894 1,000,000 100,000 4 870,834 4,469,161 301,673 807,735 195.580 1,003,315 435,252 200,405 CONTINENTAL LIFE.. 1903 1,000,000 167,944 304,582 196,977

100,174 14.698 114 872 10,793 57,095 Hon. John Dryden, M.P.P., Pres.: 1902 900,000 139,425 218,285 133,063

78,208 23,914 102,122

7.523 58,557
Charles H. Fuller, Sec.; Geo. B. 1901893,000 76,934 109,578 90,226

53,193 8,037 61,230 3,133 45,890
Woods, Gen. Mgr.
CROWN Life.
1903 400,000 93,923 112,606 87,169

67,886 3,028 70,914 4,538 63,433
Sir Charles Tupper, Pres.; Arthur J 1902 388,200 91,750 98,270 41,416

38,275 6,402

44,677 2,000 54,164 Hughes, Sec.; Geo. H. Roberts, Man. 1901 320,000 75,650 81,254 7,402

5,435 20,251 25,686

None. 25,485
Dır.
DOMINION Life, Waterloo, Ont...

1903 400,000 100,000 847,547 685.309 62,237 149,259 34,181 183,440 26,475 44,442
Christian Kumpf, Pres.; Thos. Hill- 1902 400,000 100,000 705,517 567,547 37,970 142,559 29,522 172,081 35,814 44,346
iard, Man. Dir.

1901 400,000 100,000 615,691 484,575 31,116 120,995 24,391 145,385 33,323 40,033
1900 400,000 100,000 539,266 403,414 35,853 109,881 39,295 149,176 19,367 36,850
1889 257,600 64,400 416,897 331,287 21,210 100,014 17,279 117,293 15,656 34,687
I 98

64.400 344,158 255.165 21.592 78,041 14,187 92,227 14,209 24.765
1897
257,600
61,400 292,610 210,932 17,278

70,863 11,344 $2,207

12,695 22,062 1896

261,600 64,400 245,691 169,143 12,143 65.565 9.960 75,525 14,463 23,064 1895 261,600 64,400 206,474 130,055 12,019

53,395 7,442 60,837 4.936

18,790
1894 261,600 64,400 169,012 95,400 9,182 44.596 6,778

51,374

3,534 17,278 EXCELSIOR LIFE, Toronto.

1903 350,900 52,635 673,026 612 545 7,846 188,438 30,916 219.354 30,867 84.933 David Fasken, Pres.; Edwin Marshall, 1902 350,900 52,635 566,205 507,924 5,645 160,090

184, E08 38,647

61,647
Sec.

IGOI 350.900 52,635 477.303 411,712 12,956 139,472 19,722 159,194 23,085 53.558
1900 350,900 52,635 400,344 331,289 16,420 110,608 14,031 124,639 11.352 45,534
1899 350,900 52,635

328,206 275,118 453 102,934 12,434 115,368 18,415 57,938
1898 350.900 52,635 282,623 224 441 5,547 83 738 33,106 116,843 15,624 52.574

350,900 52,539 250,114 197,132 443 70,421 7,120 77.541 14,418 31,804 FEDERAL, Hamilton...

1903 1,000,000 130,000 1,893,961 1,711,200 52.761 486,722 David Dexter, Pres. and Man. Dir.

76,265 562,987 204,018 150,769 1902 1,000,000 130,000 1,642,017 1,474,370 37,647 471.453 71,298 542,751 201.412 147,665 1901 1,000,000 130,000 1,455,131 1,296,055 29,076 428,206

484.805

182.926 139,732
1900 1,000,000 122,285 1,271,341 1,123,738 25.318 404,049 66,014 470,063 170,814 132,585
1899 700,000 91,000 1,060,661

385.775 41,304 427,079 123.481 116,875
1898 700,coo

91,000

856,283 757.399 17,844 359,636 33.756 393 392 136,609 110,225
1897

700.000 91,000 722,448 618,481 12,967 | 349.589 32,210 381,799 157,667 114,408
1896
700,000

81,297

607.713 517,878 8,538 312 399 23,244 335,643 131.856 97.838 1895 700,000 80,197 498,471 415,622

2,652 257,647 19,929 277 576 113,224 700,000 80,197 426,806 348,160

265.504 18,963 284,467 156,965

84 425

[graphic]

BUSINESS AND STANDING OF CANADIAN LIFE COMPANIES-Continued.

Net
Premium

Interest
Income,

and
Including
Consid.

Other
eration for Receipts.
Annuities.

$ $ $ $ $ $

$ GREAT WEST, Winnipeg.

1903 1,000,000 250,000 2,110,755 1,636,792 223,963 564,481 148,464 712,945 123,974 193.792
Alexander Macdonald, Pres.; A. Jar. 1902 400,000 100,000 1,536,836 1,310,328 126,508 514,920

80,356
595,276

85,692 159,631
dine, Sec.; J. H. Brock, Man. Dir. 1901 400,000 100,000 1,194,330 1,021,985 72,344 419,761 53.971 473.732

140,556
1900 400,000 100,000 948,803 802,562 46,241 360,211 42,119 402,330 64,679 131,242
1899 400,000 100,000 723,189 600,080 23,109 299 887 32,254 332,141 57,076 120,287
1898 400,000 100,000 554,319 444,571 9.748 238.322 24,384 262,705 38,116 94,449
400,000 100,000 410,123 316, 102

202,482 15,699 218,181

43,176
1896 400,000 100,000 312,003 218,377

156,033
12,067 168,100

73,407 1895 400,COO 100,000 238,875 153,800

122,598 9,114 131,742

68,543 1894 400, oco ICO,000 192,737 123.336

109.983 6,427 116,410 18,628 55,379 Home Life AssoCIATION, Toronto 1903 1,000,000 165,183 484,584 316,686 2,716 119,664

11,376
131,040

43,809 74,988
Hon. Richard Harcourt, M. P. P., 1902 951,900 158,087 448,879 279,878 10,915 100,773 10,898 111,671 38,776 78,730
Pres.; A. J. Pattison, Chief Agent. 1901 930,600 132,944

404,510 235,411 36,155 93,198 11,177 104,375 38,421 49,254
1900
823,900 112,510 285,306 195,303

225.336 8,854 234,190 23,042 48,028 1899 740,000 95,889 103.300

19,180

16,440

43.167 5,200 32,766 1898 100,000

31,182 22,871 6,163 23,124 7,391 30,515

5,425

21,332 1897 100,000 25,358 20,072 12,136

22,245 38 22,283 1,966 19,422 1896 100,000 25,524 15,663 5,626

19,619 None.

19,619 1,000 18,039 1895 72,800 19.312 II,233 7,701

14,712 None. 14.712 6.900 15,044 1894 47,000 14,432 10,845 7,143

9,968

137 10,105 4,000 11,535
IMPERIAL LIFE, Toronto...

1903 1,000,000 450,000 2,013,888 1,472,954 90,935 493.781 83,863 577,644 70,737 173,012
Hon. Sir Mackenzie Bowell, Pres.: 1902 1,000,000 450,000 1,660,777 1,143,192 67,585 409,277 81,178 490,455 52,036 142,400
Thos. Bradshaw, F. I. A., Sec. and 1901 1,000,000 450,000 1,344,128 837,853 56,275 308,030 53,502 361,532 45,541 123,901
Act.; F. G. Cox, Vice-Pres, and Man. 1900 1,000,000 450,000 1,102,092 612,892 39,200 258,883 36,273 295,156 35,662 109.726
Dir.

1899 1,000,000 450,000 930,443

448,668

31,775 296,617 24,906 321,523 9,123 91,267 1898 1,000,000 450,000 677,062 183.818

43,244 154.947

62,464

217,411 14,595 96,003
1897 1,000,000 250,000 336,248 38,426

67,856
99.916

None. 28.744
LONDON LIFE, London, Ont....
1903 250,000 50,000 1,462,966 1,368,431 44.535

323,569

74,442 398,011 95,238 133,604 John McClary, Pres.; John G. Richter, 1902 250,000 50,000 1,302,064 1,211,973 40,091 291,903 63,200 355,103 75,320 118,274 Sec.; E. E. R id, Act. 1901 250,000 50,000 1,126, 190 1,042,722

33,468

271,727 50,293 322,020 81,248 112,353 1900

250,000 50,000 991,819 914,694 27,125 252,822 44,427 297,249 80,917 105,447 1899 250,000 50,000 875,423 801, 126 24,297 226,586 41,554 268,140 67.756 93,800 1898 250,000 50,000 770,039 700.750 19,288 206.515

241,183 65,680 84,331 1897 250,000 50,000 678,177 608,006 20.170 185.539

30,561 216.100 57,011

74,619 1896

250,000 50,000 591,591 524,521 17,070 177,004 28,644 205,648 57 522 71,619 1895 250,000 50,000 522,887 458,474 14,414 160 889 25,513 186,402 55,674 76,195 1894 250,000 50,000 470,608

393,658 26.950 132 580 21,480 154,060

44,258

55,374

26.727

32,060

34,668

[graphic]
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