SYNOPSIS OF PAYMENTS TO LIFE POLICYHOLDERS IN TWENTY YEARS. The following tables show the total annual payments to policyholders by thirty prominent life companies for twenty years (1884-1903). compared with the increase of assets during same period : 58,546,148 61,769,687 61,760,946 69.244.391 75.492,400 80,835.913 88.730,433 95.335.738 102,670,032 110,835,941 116,658,074 123,272,771 NAME OF 1896. 1897. 1898. 1899. 1900. SYNOPSIS OF PAYMENTS TO LIFE POLIC YHOLDERS IN TWENTY YEARS-Continued. PAYMENTS TO POLICYHOLDERS. $ $ 4,328,894 4.778,300 $ 4.517,472 $ $ $ $ $ $ Etna, Hartford. 1,126,929 1,160,352 308.537 4.787.570 4.916,166 5.470,726 5,677,980 324,021 2,216,511 5,604,726 82,949,892 29,017,935 Manhattan, N. Y. 1,762,778 1.557,918 Mass. Mut., Spr'gf'd.... 1,987,282 2,115,III 4.552,042 5,088,185 4,861,303 945,542 1,871,830 1,524,872 1,522,153 1,707,558 1,913,717 2,189,604 2,046,708 2,314,049 445,990 442,412 3,639,631 3,965,047 2,094,273 2,628,755 2,522,972 2,640,320 2,423,581 2,570,622 $ $ 22,073,761 36,016,340 2,579.449 27,153,490 24,574,041 30,655,234 10,871,184 17,682,605 6,811,421 36,675,373 7.577,299 33.590,999 26,013,700 892,974 1,054,620 907,141 971,694 875,714 1,042,679 1,872,278 2,299,183 21,010,340 5,235,852 32,197,451 26,961,599 2,701,236 24,045,096 1,956,610 38,630,328 36,673,718 15,484,796 6,229.684 10,196,359 3,966,675 15,110,331 5,226,429 8,783,134 3.556,705 31,045,837 6,978,607 16,963,886 9,985,279 NEW BUSINESS ISSUED. The following table shows the particulars of the new business written by all companies reporting to the New York Insurance Department during thirty-eight years ending with January 1, 1904. $ $ $ $ 1903.. 1902. 42 $ 976,191 1,759.681,523 945,366 1694,701,189 24,342 36,870,598 *6,482 *28,109,736 39 868,510 1557.948,826 23,181 39,389,988 15,480 38,896,564 9.777.803 907,171 1,646,013,181 1901.... 38 752,813 1397,162,009 21,970 37,432,547 12,964 26,575,175 9,148,156 787,747 1,470,317,887 1900... 40 663,092 1298,771,229 15,123 26,834,488 8.790 22,143,100 9,020,836 687,005 1,356,769.653 1899... 37 607,535 1239,890,685 13.965 26,357,504 11,204 28,789,247 9,268,592 632,704 1,304,306,028 1898. 36 471,001 975,024,562 10,659 23.503,155 4,075 9,312,990 10,525,320 485,735 1,018,366,027 1897.... 35 418,778 882,667,547 9.440 22,831,573 3.239 7,854,536 10,451,220 431,457 1896.... 35 338,159 755,660,192 8,436 19,780,252 3,511 14.733,870 1895.... 34 355.917 816,433,866 10,053 25,471,535 1,599 13.812,665 1894. 372,561 914,067,279 18,085 46,160,659 2,590 16,835,406 1893. 375.941 991,374,980 17,096 50,368,922 1,199 1892... 339,186 895,107,518 11,741 35,586,224 1,051 1891.... 30 314,844 882,011,836 10,424 33,008,830 1,105 1890... 31 279.728 844,641,401 6.855 21,276,126 1889. 31 242,513 737,649,272 6,326 19.238,900 199,401 603,290,423 4,412 13,220,273 170,381 504,046,082 3,681 10,993,218 1886.... 29 146,663 427,187,668 3,212 9.732,175 1888... 1887. 1880... 1879. 1878. 30 68,230 166,084,259 8,979.368 366,565 7,745,561 9,172,754 404,236 1,058,659,846 5,950,012 350,106 923,804,876 796,124,326 864,815.534 985,520,033 952,884,380 932,705,515 1,469.574 13.243.953 156,214 669 1,417,886 12,538,095 91,945 257,517,216 222,582,483 1,889,397 28,170,689 99,036 232,665,489 By vote of the policyholders the capital stock was bought in in 1889, except $1050, which was not retired until 1893. Company is now purely mutual. The charter of this company provides that the interest earned by the capital goes to the trust department, from which source dividends are also paid. The figures from 1887 to 1903 are from the Massachusetts reports. Earlier figures are not obtainable. |