Fifty Years of American Life Insurance Progress: [Tables]

Fifty Years of American Life Insurance Progress: [Tables]Author(s): Frederick L. HoffmanSource: Publications of the American Statistical Association, Vol. 12, No. 95 (Sep., 1911), pp.713-760Published by: American Statistical AssociationStable URL: http://www.jstor.org/stable/2964878 .

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47] American Life Insurance Progress. 713

TABLE I. LEGAL RESERVE LIFE INSURANCE COMPANIES COMMENCING BUSINESS PREVIOUS TO

1876 AND IN ACTIVE OPERATION ON DECEMBER 31, 1910.

Name of Company. Home Office. Year and Date of Commencing

Business.

Presbyterian Ministers' Fund. Mutual Life Ins. Co. of N. Y. New England Mutual Insurance Co. Mutual Benefit Life Insurance Co. New York Life Insurance Co. State Mutual Life Assurance Co. Conn. Mutual Life Insurance Co. Penn Mutual Life Insurance Co. Union Mutual Life Insurance Co. National Life Insurance Co. U. S. Life Insurance Co. Aetna Life Insurance Co. Manhattan Life Insurance Co. Phoenix Mutual Life Insurance Co. Mass. Mutual Life Insurance Co. Berkshire Life Insurance Co. German Mutual Life Insurance Co. Northwestern Mutual Life Insurance Co. Equitable Life Assurance Society of U. S. Home Life Insurance Co. Germania Life Insurance Co. John Hancock Mutual Life Insurance Co. Maryland Life Insurance Co. Provident Life & Trust Co. Conn. General Life Insurance Co. Travelers Insurance Co. Metropolitan Life Insurance Co. Equitable Life Insurance Co. of Iowa. Union Central Life Insurance Co. Hartford Life Insurance Co. Michigan Mutual Life Insurance Co. Pacific Mutual Life Insurance Co. National Life Insurance Co. of U. S. A. Bankers' Life Insurance Co. of City of N. Y.. Mutual Life Insurance Co. of Baltimore. Life Insurance Co. of Virginia. Prudential Insurance Co. of America.

Philadelphia, Pa... New York, N.Y... Boston, Mass. Newark, N. J. New York, N.Y... Worcester, Mass.. Hartford, Conn.... Philadelphia, Pa... Portland, Me. Montpelier, Vt_ New York, N.Y.. Hartford, Conn.... New York, N.Y... Hartford, Conn? Springfield, Mass.. Pittsfield, Mass.... St. Louis, Mo. Milwaukee, Wis... New York, N. Y.. New York, N. Y.. New York, N.Y... Boston, Mass. Baltimore, Md_ Philadelphia, Pa... Hartford, Conn.... Hartford, Conn..., New York, N.Y.. Des Moines, Ia_ Cincinnati, Ohio... Hartford, Conn..., Detroit, Mich. Los Angeles, Cal.. Chicago, 111. New York, N.Y.. Baltimore, Md_ Richmond, Va. Newark, N. J.

Feb. Feb. April April June Dec. May Oct. Feb. March July Aug. May Aug. Sept. April Nov. July May July Dec. July July Oct. July Jan. March April April Nov. April Aug. March

April Oct.

1759 1, 1843 1, 1844 1, 1845 17, 1845 1, 1845 15, 1846 25, 1847 1, 1849 1, 1850 1, 1850 1, 1850 1, 1850

1851 1, 1851 4, 1851 12, 1858 25, 1858 28, 1859 1, 1860 16, 1860 27, 1862 12, 1865 31, 1865

1865 1866 1867 1867 1867

7, 1867 12, 1867

1868 1, 1868

1869 1870 1871

13, 1875

INSURANCE IN FORCE, DECEMBER 31, 1910.

With 37 companies commencing business before 1876.. With 177 companies commencing business since 1876..

Total.

Amount in Force.

$14,705,351,563 1,698,909,479

$16,404,261,042

Per cent, of Total.

10.4 100.0



714 American Statistical Association. [48

TABLE II. ACTIVE AMERICAN LIFE INSURANCE COMPANIES BY DURATION OF BUSINESS EXIST?

ENCE AND AMOUNT OF INSURANCE IN FORCE ON DECEMBER 31, 1910.*

Year of Com?

mencing

1910 1909 1908 1907 1906 1905 1904 1903 1902 1901 1900 1899 1898 1897 1896 1895 1894 1892 1889 1888 1887 1886 1885 1884

No. of

Com- pan-

30 24 ll 26 25 15 2 7 2 3 2 4 2 4 1 3 1 2 1 1 2 1 3 1 2

Per cent. of

Total.

14.02 11.21 5.14 12.15 11.68 7.01 .93

3.27 .93

1.40 .93

1.87 .93

1.87 .47

1.40 .47 .93 .47 .47 .93 .47

1.10 .47 .93

Insurance in Force

Dec. 31, 1910.

$54,923,264 65,863,448 35,898,162 131,309,073 135,797,983 228,280,189 10,263,998 148,732,873 52,727,885 22,554,271 27,812,877 92,408,591 39,466,655 49,985,743 17,913,602 36,695,308 80,772,166 43,413,123 5,795,705 49,245,028 78,887,365 23,088,186 61,095,110 40,021,110 20,265,342

Per cent. of

Total.

0.33 .40 .22 .80 .83

1. .06 .91 .32 .14 .17 .56 .24 .30 .11 .22 .49 .26 .04 .30 .48 .14 .37 .24 .12

Year of Com?

mencing

1880 1879 1875 1871 1870 1869 1868 1867 1866 1865 1862 1860 1859 1858 1851 1850 1849 1847 1846 1845 1844 1843 1759

Total 214

No. of

Com- pan-

Per cent. of

Total.

0.47 .47 .47 .47 .47 .47 .93

2.34 .47

1.40 .47 .93 .47 .93

1.40 1.87 .47 .47 .47

1.40 .47 .47 .47

Insurance in Force

Dec. 31, 1910.

$19 126

1,851 72

158, 2, '228 291 566 226

1,347 1,083 454 572 61

499 191

2,722 213

1,464, 15:

1,473,578 ,218,844 ,258,349 ,440,374 ,138,603 297,178 ,867,669 ,552,217 ,892,236 ,076,677 ,316,365 ,118,942 158,692 ,109,482 ,436,757 ,376,743 ,345,358 ,563,062 ,089,777 ,148,120 ,730,176 ,024,396 ,410,390

100.00 $16,404,261,042

Per cent. of

Total.

0.12 .77

11.29 .44 .06 .05 .97

16.27 1.40 1.78 3.45 1.38 8.21 . 6.60 2.77 3.49 .37

3.05 1.17

16.60 1.30 8.93

100.00

SUMMARY.

Years of Commencing Business.

Business Duration.

Number of Com? panies.

Per cent. of

Total. Insurance in Force

Dec. 31, 1910. Per cent.

of Total.

1906-1910.. 1901-1905.. 1896-1900.. 1891-1895.. 1886-1890.. 1881-1885.. 1876-1880.. 1871-1875.. 1866-1870.. 1861-1865.. 1856-1860.. 1851-1855.. 1846-1850.. 1843-1845.. 1759.

.Total..

1-4 years.. 5-9 years.., 10-14 years.. 15-19 years.. 20-24 years.. 25-29 years.. 30-34 years.. 35-39 years.. 40-44 years.. 45-49 years.. 50-54 years.. 55-59 years.. 60-64 years.. 65-69 years..

151 years..

116 29 13

2 2 10 4 5 3 7 5 1

214

54.21 13.55 6.08 2.80 2.34 2.80 .93 .93

4.67 1.87 2.34 1.40 3.27 2.34 .47

100.00

$423 462 227 160 157 121 145

1,923 3,073 857

2?656 454

1,324! 4,399. 15,

791,930 ,559,216 587,468 880,597 016,284 ,381,562 692,422 698,723 747,903 393,042 387,116 436,757 374,940 902,692 410,390

$16,404,261,042

2.58 2.82 1.39 .98 .96 .74 .89

11.73 18.74 5.23 16.19 2.77 8.07 26.82

.09 100.00

?Compiled from the Spectator Year Book, 1911.




TABLE III. ACTIVE AMERICAN LIFE INSURANCE COMPANIES BY STATE OF DOMICILE*COMMENC?

ING BUSINESS BEFORE AND SUBSEQUENT TO DECEMBER 31,1905.f

State.

Companies Commencing Business before December 31, 1905.

Num? ber.

Per cent, of Total in State.

Insurance in Force Dec. 31,1910.


Companies Commencing Business after December 31, 1905.

Num- Per cent, of Total in State.

Insurance in Force Dec. 31, 1910.


Ala. Ark. Cal. Colo.... Conn... Del. D.ofC Fla. Ga. Idaho... Ill. Ind. Iowa? Kans.... ll:::::. Me. Md. Mass_ Mich.... Minn... Miss? Mo. Mont... Nebr.... N.J.... N.Mex.. N.Y.... N.C.... N.D.... Ohio.... Okla.... Ore. Pa. R.I. S.C. S.D.... Tenn.... Texas... Utah.... Vt. ya Wash.'.'.' W.Va... Wis.

Total.

20.0 66.7 100.0 50.0 100.0

$113,882,634 23,083,302 954,087,684 6,429,939 4,689,265

20.0 26.3 50.0 72.7 25.0 100.0 100.0 100.0 25.0 66.7 42.9 50.0 60.0 100.0 60.0 33.3

77.8

20.0 33.3 20.0 100.0 100.0 60.0

33.3 45.8 $15

39,779,531 169,535,316 162,262,062 139,947,668 11,040,371 61,345,358 42,674,062

1,300,291,169 47,460,155 46,315,515 59,383,230 62,294,257

2,419,875,277 7,511,225,442

30,258,295 357,688,796

998,803,082

468,500 14,392,965 43,679,211 12,222,411 167,261,226 98,423,426

I,1

85.5 93.6 100.0 57.4 100.0 61.4 77.9 87.1 96.5 32.8 100.0 100.0 100.0 79.8

67.9 87.3 99.3 100.0 71.2 95.1

98.3

4.6 73.7 48.9 100.0 100.0 94.7

,112 97.4 116

100.0 100.0 80.0 33.3 50.0 100.0 80.0 100.0 73.7 50.0 27.3 100.0 75.0 100.0

75.0 33.3 100.0 57.1 100.0 50.0 40.0 100.0 40.0 100.0 66.7 100.0 100.0 22.2 100.0 100.0 80.0 66.7 80.0

40.0 100.0 100.0 66.7 54.2

$18,066,861 3,383,617 19,346,620 1,590,000 4,762,528 6,888,103

25,037,082 1,525,086

47,985,308 23,950,204 5,036,980 5,120,777 22,648,265 4,228,969

12,032,679 537,993

3,200,652 28,012,732 1,144,500 9,075,334 16,023,701 4,409,465 12,249,100 3,121,774 18,391,140 4,541,r" 7,771,037

16,926,365 1,762,796 3,297,168 9,680,007 5,133,938

45,656,876

5,525,386 15,760,872 5,900,234 4,065,849

$423,791,930

100.0 100.0 14.5 6.4

42.6 100.0 38.6 100.0 22.1 12.9 3.5

100.0 67.2 100.0

20.2 1.1

100.0 32.1 100.0 12.7

.7 100.0 28.8 100.0 4.9

100.0 100.0 1.7

100.0 100.0 95.4 26.3 51.1

5.3 100.0 100.0

.4 2.6

* In this connection see also Table XXXVIII. t Compiled from Spectator Year Book, 1911.




TABLE IV. AMERICAN LIFE INSURANCE COMPANIES THAT HAVE FAILED OR RETIRED FROM

BUSINESS, 1813-1910.*

Years. Total. Number of Com? panies That Have Failed.

Number of Com? panies That Have Retired, Liquidated, etc.

Number of Com? panies That Have Reinsured and Amalgamated.

Number of Com? panies That Have Retired, Method

Not Stated.

1813.. 1840.. 1850.. 1851.. 1852.. 1853.. 1854.. 1855.. 1856.. 1857.. 1858.. 1862.. 1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1884.. 1887.. 1888.. 1889.. 1890.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

10

16 19 5 ll

1 1 7 3 5 13 12 2 5 1 1

Totals.. 113 25

*The information regarding companies that have gone out of the Snectator Year Book. 1911.

is incomplete. Compiled from




TABLE V. PROGRESS OF LEGAL RESERVE LIFE INSURANCE COMPANIES IN THE UNITED STATES,

1860-1910. AGGREGATE INSURANCE IN FORCE.

Number of Com? panies Reporting. Number of Policies. Amount of Insurance.

I860.. 1861..

1864.. 1865.. 1867..

1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910*.

17 17 18 22 27 30 39 43 55

59 56 50 45 38 34 34 31 51 50 48 47 47 45 50 49 48 49 50 48 56 56 56 56 57 57 60 70 74

92 93 112 137 160 171 189

56,046 57,202 65,252 98,095 146,729 209,392 305,390 401,140 537,594 656,572 747,807 785,360 804,444 817,081 799,534 774,625 710,995 644,322 635,651 655,857 922,205

1,083,934 1,329,849 1,671,749 1,911,793 2,268,074 2,706,869 3,302,990 3,885,459 4,584,070 5,202,475 5,775,321 6,657,097 7,511,049 8,727,192 8,893,739 9i411,022 10,206,610 11,218,362 12,873,783 14,395,347 16,030,721 17,608,235 19,300,656 21,182,143 22,494,000 23,634,352 24,795,137 25,852,405 28,087,327

$163,703,455 164,256,052 183,962,577 267,658,677 395,703,054 580,882,253 865,105,877

1,161,729,776 1,528,984,685 1,836,617,818 2,023,884,955 2,101,461,834 2,114,742,591 2,086,027,178 1,997,236,230 1,922,043,146 1,736,438,262 1,557,135,978 1,482,949,111 1,445,725,032 1,602,375,175 1,681,093,495 1,787,198,002 1,961,039,858 2,095,810,106 2,301,268,868 2,564,127,787 2,855,109,589 3,200,772,369 3,657,669,525 4,048,846,781 4,446,417,570 4,897,738,088 5,292,422,225 5,568,288,089 5,738,440,693 5,943,068,818 6,326,125,387 6,825,042,953 7,774,484,478 8,562,080,722 9,593,816,849 10,508,482,385 11,571,249,157 12,547,937,441 13,364,009,759 13,706,810,284 14,064,415,202 14,518,952,277 15,480,721,211 16,404,261,042

* The information for 1910, printed in italics, has tables, to bring the data down to date, but the ended December 31,1909.

included in this and most of the subsequent is generally limited to the 50-year period




TABLE VI. PROGRESS OF LEGAL RESERVE LIFE INSURANCE IN THE UNITED STATES, 1860-1910.

ORDINARY INSURANCE IN FORCE*

Years. Number of Com? panies Reporting. Number of Policies. Amount of Insurance.

1860.. 1861. 1862.. 1863.. 1864.. 1865.. 1866.. 1867.. 1869... 1870... 1871... 1872... 1873t.. 1874... 1875... 1876... 1877... 1878... 1879... 1880... 1881... 1882... 1883... 1884... 1885... 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897..

1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

17 17 18 22 27 30 39 43 55

59 56| 50 45 38

30 50 49 47 46 46 44 50 48 47 46 46 48 51 51 50 52 53 53 54

75 77

109 133 155 167 183 209

56,046 57,202 65,252 98,095 146,729 209,392 305,390 401,140 537,594 656,572 747,807 785,360 804,444 817,081t 799,534 774,625 706,179 633,096 612,843 595,486 685,531 716,481 739,796 794,415 819,264 890,924 926,497 992,987

1,091,357 1,218,008 1,319,561 1,465,459 1,531,231 1,754,303 1,868,954 1,940,945 2,024,927 2,201,193 2,419,850 2,820,950 3,176,051 3,693,702 4,160,088 4,694,021 5,507,759 5,621,417 5,792,956 5,945,780 6,164,730 6,534,983 6,954,119

$163, 164, 183, 267, 395, 580, 865,

1,161 1,528 1,836 2,023 2,101 2,114 2,086, 1,997: 1,922 1,735 1,556: 1,480 1,439 1,581 1,647 1,730 1, 1, 2,155 2,365 2,599, 2,896, 3,291, 3,620, 3,964, 4,314, 4,629, 4,765, 4,917, 5,054, 5,329, 5,714, 6,481, 7,093, 7,952, 8,701, 9,593, 10,412, 11,054; 11,253, 11,486; 11,850, 12,513, 18,227,

703,455 256,052 962,577 ,658,677 ,703,054 ',882,253 105,877 ,729,776 984,685 617,818 884,955 461,834 742,591 027,178f 236,230 ,043,146 995,190 ,105,323 ,921,223 ,961,165 841,706 591,755 633,320 ,246,208 ,694,854 330,627 696,617 576,117 099,365 828,258 057,439 491,593 204,343 774,861 220,494 694,131 800,906 980,648 964,251 154,483 152,380 989,395 587,912 008,148 078,338 255,524 194,077 518,261 032,581 125,180 218,168

* Statistics for years previous to 1880, from New York Insurance Department reports; for 1880 and sub? sequent years, from Spectator Year Books and supplementary information. t According to the Insurance Monitor Blue Book of 1874 there were 69 Life Companies on December

31,1873, having 916,966 policies in force for $2,324,172,184.




TABLE VII. PROGRESS OF LEGAL RESERVE LIFE INSURANCE IN THE UNITED STATES, 1876-1910.

INDUSTRIAL INSURANCE IN FORCE.

Years. Number of Com? panies Reporting. Number of Policies. Amount of Insurance.

I860.. 1861.. 1862.. 1863.. 1864.. 1865.. 1867... 1868... 1869... 1870... 1871... 1872... 1873... 1874... 1875*. 1876... 1877... 1878... 1879... 1880... 1881... 1882... 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

1 1 1 5 5 5 4 4 4 4 4 5 9 10 10 ll 13 15 15 14 13 14 16 19 20 17 17 17 19 20 22 23 23 25 23

4,816 11,226 22,808 60,371

236,674 367,453 590,053 877,334

1,092,529 1,377,150 1,780,372 2,310,003 2,794,102 3,366,062 3,882,914 4,309,862 5,125,866 5,756,746 6,858,238 6,952,794 7,386,095 8,005,417 8,798,512 10,052,833 11,219,296 12,337,019 13,448,147 14,606,635 15,674,384 16,872,583 17,841,396 18,849,357 19,687,675 21,552,344

$443,072 1,030,655 2,027,888 5,763,867 20,533,469 33,501,740 56,564,682 87,793,650 111,115,252 145,938,241 198,431,170 255,533,472 304,673,004 365,841,267 428,789,342 481,925,977 583,533,745 662,647,364 803,067,595 820,746,562 888,267,912 996,144,739

1,110,078,702 1,293,329,995 1,468,928,342 1,640,827,454 1,806,894,473 1,978,241,009 2,135,859,103 2,309,754,235 2,453,616,207 2,577,896,941 2,668,919,696 2,967,596,031 8,177,047,874

* Industrial Insurance was introduced in the U. S. in 1875, when the Prudential Insurance Company of America was established at Newark, N. J. See the History of the company by the writer, published, Newark, N. J., 1900.




TABLE VIII. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1870-1910, CLASSIFIED BY NUMBER OF POLICIES AND PLAN OF INSURANCE.

Years. Number of Companies.

Total Num? ber of

Policies. Per cent.

Whole Life. Number of Policies.

Per cent.

Endowments. Number of Policies.

Per cent.

All Others, Number of Policies.

Per cent.

1860. 1861 1862. 1863 1864 1865. 1866. 1867. 1868. 1869. 1870. 1871 1872. 1873 1874. 1875. 1876. 1877. 1878. 1879. 1880, 1881, 1882. 1883 1884, 1885, 1886, 1887, 1888, 1889, 1890, 1891, 1892. 1893, 1894, 1895. 1896. 1897.

1900, 1901, 1902, 1903. 1904, 1905. 1906. 1907. 1908. 1909 v 1910\.

59 58 59 56 50 45 38 34 34 31 30

29 29 29 29 29 29 30 46 48 51 51 50 52 53 53 54 63 69 75 77

109 133 155 167 183 209

653,023 726,496 754,675 801,598 763,201 774,625 706,179 633,096 612,843 595,486 608,681 627,265 661,458 705,659 750,567 814,691 848,481 929,853

1,021,631 1,139,894 1,311,253 1,452,234 1,595,965 1,739,947 1,829,527 1,940,908 2,032,567 2,204,601 2,419,818 2,822,854 3,170,208 3,693,705 4,172,288 4,670,126 5,208,441 5,621,480 5,792,956 5,943,151 6,164,730 6,534,983 6,954,119

100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

475,814 538,976 561,145 599,565 575,781 580,432 550,387 494,637 479,073 468,335 477,290 486,864 505,252 527,169 553,944 594,141 601,816 652,417 714,180 794,466 906,553

1,004,317 1,111,406 1,223,722 1,293,257 1,364,538 1,428,"" 1,553,740 1,705,139 1,908,900 2,128,642 2,414,647 2,666,r" 2,958,591 3,269,089 3,546,318 3,646,671 3,755,140 3,903,r- 4,176,437

72.9 74.2 74.4 74.8 75.4 74.9 77.9 78.1 78.2 78 78.4 77.6 76.4 74.7 73.8 72.9 70 70.2 69.9 69.7 69.1 69.1 69.6 70.3 70.7 70.3 70.3 70.5 70.5 67.6 67.2 65.4 63.9 63.3 62.8 63.1 63.0 63.2 63.3

162,021 172,449 178,934 174,298 155,158 156,629 137,983 120,848 114,775 109,244 112,846 121,400 136,979 156,538 174,479 194,186 215,406 240,589 266,236 295,234 335,752 363,787 399,770 424,741 448,127 475,207 497,866 537,667 590,458 683,644 809,154 978,338

1,174,335 1,381,594 1,574,322 1,719,074 1,785,091 1,821,577 1,855,248 1,926,!

24.8 23.7 23.7 21.7 20.3 20.2 19.5 19.1 18.7 18.4 18.5 19.4 20.7 22.2 23.2 23.8 25.4 25.9 26.1 25.9 25.6 25.1 25.1 24.4 24.5 24.5 24.5 24.4 24.4 24.2 25.5 26.5 28.1 29.6 30.2 30.6 30.8 30.6 30.1 29.5

15,188 15,071 14,596 27,735 32,262 37,564 17,809 17,611 18,995 17,907 18,545 19,001 19,227 21,952 22,144 26,364 31,259 36,847 41,215 50,194 68,948 84,130 84,789 91,484 88,143 101,163 106,132 113,194 124,221 230,310 232,412 300,720 331,871 329,941 365,030 356,088 361,194 366,434 406,276 432,280

2.3 2.1 1.9 3.5 4.2 4.9 2.5 2.8 3.1 3.0 3.1 3.0 2.9 3.1 3.0 3.2 3.7 3.9 4.0 4.4 5.3 5.8 5.3 5.3 4.8 5.2 5.2 5.1 5.1 8.2 7.3 8.1 8.0 7.1 7.0 6.3 6.2 6.2

* Returns are not available for years previous to 1870. t Returns for 1910 are not available by number of policies and plan of insurance.




TABLE IX. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1870-1910, CLASSIFIED BY AMOUNT AND PLAN OF INSURANCE.

Num? ber of Corn-

Total Amount of Insurance in Force.

Per cent.

Whole Life. Amount of In? surance in Force.

Per cent.

Endowments. Amount of In? surance in Force.

Per cent.

All Others. Amount of In? surance in Force.

1860 1861 1862 1863 1864 1865 1866 1867

1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910

109 133 155 167 183

$1,752 1,903 1,996 2,060 1,912 1,922 ls 735 1,556, 1, 1,439, 1,475, 1,539, 1,637, 1,763, 1,870,

.2,023, 2,222, 2,474, 2,761, 3,144, 3,610, 3,954, 4,306, 4,625, 4,748, 4,917, 5,055, 5,330, 5,714, 6,481, 7,090, 7,953, 8,698, 9,506, 10,412, 11,054, 11,253, 11,486, 11,850, 12,513 13,227,

,950,105 ,050,035 ,653,057 ,147,923 ,991,814 ,043,146 ,995,190 105,323 ,921,223 961,165 ,994,672 848,581 648,872 730,015 728,059 517,487 413,051 507,126 577,128 677,311 603,933 587,616 528,303 202,612 456,084 688,210 949,508 478,062 959,068 523,963 141,189 019,494 587,912 416,229 078,338 231,621 194,077 115,758 032,581 125,180 218,168

100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

$1,348,730,191 1,490,020,481 1,557,753,762 1,640,489,200 1,550,455,549 1,532,469,181 1,426,529,353 1,278,301,131 1,218,084,463 1,191,642,091 1,215,082,831 1,252,837,272 1,284,035,608 1,371,873,073 1,426,692,"" 1,517,053,856 1,636,117,662 1,802,750,478 2,003,815,715 2,270,082,928 2,580,587,924 2,823,892,987 3,055,259,534 3,299,387,856 3,345,071,516 3,464,535,925 3,556,529,307 3,746,738,989 4,004,063,561 4,379,066,158 4,790,345,009 5,284,970,243 5,708,020,831 6,228,331,274 6,767,197,991 7,225,405,348 7,374,135,263 7,554,200,965 7,800,443,208 8,252,931,978 8,816,668,8881

76.9 78.3 78.0 79.6 81.0 79.7

82.3 81.3 78.4 77.8 76.3 74.9 73.6 72.9 72.6 72.2 71.5 71.4 70.9 71.3 70.4 70.5 70.3 70.3 70.1 67.6 67.6 66.4 65.6 65.5 65.0 65.4 65.5 65.8 65.8 66.0 66.7

$369, 376 404 367 307 308 260 228: 210 202; 216! 247: 287; 345, 394, 442 506 574 647: 735: 838: 908, 980;

1,035, 1,072, 1,127, 1,160, 1,221, 1,305, 1,460, 1,664, 1,897, 2,190, 2,472 2,726, 2,902, 2,918, 2,915 2,903, 2,982, 8,042,

,060,129 ,529,411 ,258,870 ,642,701 ,161,461 605,253 113,904 234,637 530,819 j 767,920 ,574,461 ,535,428 055,694 872,270 435,074 209,921 646,594 390,206 425,705 560,025 837,758 965,939 546,237 524,753 067,282 315,645 506,463 685,760 851,567 417,893 450,374 869,217 960,029 744,250 479,127 683,820 489,140 650,786 108,161 998,235 585,983

21.1 19 20.3 17.9 16.1 16 15.0 14.7 14.2 14.1 14.7 16.1 17.5 19.6 21.1 21.9 22. 23.2 23.4 23.4 23.2 23.0 22.8 22.4 22.6 22.9 23.0 22.9 22.8 22.5 23.5 23.9 25.2 26.0 26.2 26.3 25.9 25.4 24.5 23.8 28.0

$35,159,785 36,500,143 34,640,425 52,016,022 55,374,804 80,968,712 49,351,933 49,569,555 52,305,941 45,551,154 44,337,380 39,475,881 66,557,570 45,984,672 49,600,019 64,253,710 79,648,795 97,366,436 110,335,708 139,034,358 191,178,251 221,728,690 270,722,532 290,290,003 331,317,286 325,836,640 338,913,738 362,053,313 405,043,940 642,039,912 635,345,806 770,180,034 799,607,052 805,340,705 918,401,220 926,142,453 960,569,674 ,016,264,007 ,146,481,212 ,277,194,967 ,367,968,797

2.0 1.9 1.7 2.5 2.9 4.2 2.8 3.2 3.5 3.2 3.0 2.6 4.1 2.6 2.6 3.2 3.6 3.9 4.0 4.4 5.3 5.6 6.3 6.3 7.0 6.6 6.7 6.8 7.1

9.7 9.2 8.5 8.8 8.3 8.5 8.8 9.7 10.2 10.S

* Returns are not available for years previous to 1870.




TABLE X. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1870-1910, AVERAGE AMOUNT OF POLICIES ON ALL PLANS COMBINED.

Years. Number Companies.

Number of Policies in Force.

Amount of Insurance in Force.

Average Amount of Policy in Force.

1860. 1861., 1"862. 1863. 1864. 1865., 1866., 1867., 1868. 1869., 1870., 1871.. 1872., 1873., 1874., 1875.. 1876.. 1877., 1878., 1879.. 1880.. 1881.. 1882.. 1883., 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

59 58 59 56 50 45 38 34 34 31 30 29 29 29

29

46 48 51 51 50 52 53 53 54

75 77

109 133 155 167 183 209

653,023 726,496 754,675 801,598 763,201 774,625 706,179 633,096 612,843 595,486 608,681 627,265 661,458 705,659 750,567 814,691 848,481 929,853

1,021,631 1,139,894 1,311,253 1,452,234 1,595,965 1,739,947 1,829,527 1,940,908 2,032,567 2,204,601 2,419,818 2,822,854 3,170,208 3,693,705 4,172,288 4,670,126 5,208,441 5,621,480 5,792,956 5,943,151 6,164,730 6,534,983 6,954,119

$1,752, 1,903, 1,996, 2,060, 1,912, 1,922, 1,735, 1,556, 1,480, 1,439, 1,475, 1,539, 1,637, 1,763, 1,870, 2,023, 2,222, 2,474, 2,761, 3,144, 3,610, 3,954, 4,306, 4,625, 4,748, 4,917, 5,055, 5,330, 5,714, 6,481, 7,090, 7,953, 8,698, 9,506, 10,412, 11,054, 11,253, 11,486, 11,850, 12,513, 18,227,

950,105 050,035 653,057 147,923 991,814 043,146 995,190 105,323 921,223 961,165 994,672 848,581 648,872 730,015 728,059 517,487 413,051 507,120 577,128 677,311 603,933 587,616 528,303 202,612 456,084 688,210 949,508 478,062 959,068 523,963 141,189 019,494 587,912 416,229 078,338 231,621 194,077 115,758 032,581 125,180 218,168

$2,684 2,619 2,64& 2,570 2,507 2,481 2,458 2,458 2,416 2,418 2,425 2,455 2,476 2,499 2,492 2,483 2,619 2,661 2,703 2,759 2,754 2,723 2,698 2,658 2,595 2,534 2,487 2,418 2,362 2,296 2,236 2,153 2,085 2,036 1,999 1,966 1,943 1,933 1,922 1,915 1,902





TABLE XI. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1870-1909, AVERAGE AMOUNT OF POLICIES ON THE WHOLE LIFE PLAN.

Years. Number Companies.

Number of Whole Life Policies in Force,

Amount of Whole Life Insurance in Force.


1860. 1861. 1862. 1863. 1864. 1865. 1866. 1867.

1870. 1871. 1872. 1873. 1874. 1875. 1876. 1877. 1878. 1879. 1880. 1881. 1882. 1883. 1884. 1885. 1886. 1887.

1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899. 1900. 1901. 1902. 1903. 1904. 1905., 1906., 1907., 1908., 1909..

59 58 59 56 50 45 38 34 34 31 30 29 29

29 29 29 29 30 46 48 51 51 50 52 53 53 54 63 69 75 77

109 133 155 167 183

475,814 538,976 561,145 599,565 575,781 580,432 550,387 494,637 479,073 468,335 477,290 486,864 505,252 527,169 553,944 594,141 601,816 652,417 714,180 794,466 906,553

1,004,317 1,111,406 1,223,722 1,293,257 1,364,538 1,428,569 1,553,740 1,705,139 1,908,900 2,128,642 2,414,647 2,666,082 2,958,591 3,269,089 3,546,318 3,646,671 3,755,140 3,903,206 4,176,437

$1,348, 1,490, 1,557, 1,640, 1,550, 1,532, 1,426, 1,278, 1,218, 1,191, 1,215, 1,252, 1,284, 1,371, 1,426, 1,517, 1,636, 1,802, 2,003, 2,270, 2,580, 2,823, 3,055, 3,299, 3,345, 3,464, 3,556, 3,746, 4,004; 4,379, 4,790, 5,284, 5,708, 6,228, 6,767, 7,225, 7,374, 7,554 7,800, 8,252,

730,191 020,481 753,762 489,200 455,549 469,181 529,353 301,131 084,463 642,091 082,831 837,272 035,608 873,073 692,966 053,856 117,662 750,478 815,715 082,928 587,924 892,987 259,534 387,856 071,516 535,925 529,307 738,989 063,561 066,158 345,009 970,243 020,831 331,274 197,991 405,348 135,263 200,965 443,208 931,978

$2,835 2,765 2,776 2,736 2,693 2,640 2,592 2,584 2,543 2,544 2,546 2,573 2,541 2,602 2,576 2,553 2,719 2,763 2,806 2,857 2,847 2,812 2,749 2,696 2,587 2,539 2,490 2,411 2,348 2,294 2,250 2,189 2,141 2,105 2,070 2,037 2,022 2,012 1,998 1,976





TABLE XII. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1870-1909, AVERAGE AMOUNT OF POLICIES ON THE ENDOWMENT PLAN.


Number of Endowment Policies in Force.

Amount of Endowment Insurance in Force.


1860. 1861. 1862. 1863. 1864. 1865., 1866., 1867.,

1870., 1871., 1872., 1873., 1874., 1875., 1876., 1877., 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1887. 1888. 1889. 1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897.

1900., 1901., 1902., 1903., 1904.. 1905.. 1906.. 1907.. 1908.. 1909..

59 58 59 56 50 45 38 34 34 31 30 29 29 29 29 29 29 29 29 30 46 48 51 51 50 52 53 53 54

75 77

109 133 155 167 183

162,021 172,449 178,934 174,298 155,158 156,629 1,37,983 120,848 114,775 109,244 112,846 121,400 136,979 156,538 174,479 194,186 215,406 240,589 266,236 295,234 335,752 363,787 399,770 424,741 448,127 475,207 497,866 537,667 590,458 683,644 809,154 978,338

1,174,335 1,381,594 1,574,322 1,719,074 1,785,091 1,821,577 1,855,248 1,926,266

$369,060,129 376,529,411 404,258,870 367,642,701 307,161,461 308,605,253 260,113,904 228,234,637 210,530,819 202,767,920 216,574,461 247,535,428 287,055,694 345,872,270 394,435,074 442,209,921 506,646,594 574,390,206 647,425,705 735,560,025 838,837,758 908,965,939 980,546,237

1,035,524,753 1,072,067,282 1,127,315,645 1,160,506,463 1,221,685,760 1,305,851,567 1,460,417,893 1,664,450,374 1,897,869,217 2,190,960,029 2,472,744,250 2,726,479,127 2,902,683,820 2,918,489,140 2,915,650,786 2,903,108,161 2,982,998,235

$2,278 2,183 2,259 2,109 1,980 1,970 1,885 1,889 1,834 1,856 1,919 2,039 2,096 2,210 2,261 2,277 2,352 2,387 2,432 2,491 2,498 2,499 2,453 2,438 2,392 2,372 2,331 2,272 2,212 2,136 2,057 1,940 1,866 1,790 1,732 1,689 1,635 1,601 1,565 1,549





TABLE XIII. ORDINARY INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES, 1870-1909, AVERAGE AMOUNT OF POLICIES ON OTHER PLANS THAN WHOLE LIFE AND ENDOWMENT.



Amount of Insurance in Force.

Average Amountpf Policy in Force.

.861.

.862.

.863. 864. 865. 866. 867.

870. 871. 872. 873. 874. .875. .876. .877.,

890. 891. .892. .893. .894.

.900.

.901. 902., 903. 904., 905., 906., .907..

59 58 59 56 50 45 38 34 34 31 30 29 29 29 29 29 29 29 29 30 46 48 51 51 50 52 53 53 54 63 69 75 77

109 133 155 167 183

15,188 15,071 14,596 27,735 32,262 37,564 17,809 17,611 18,995 17,907 18,545 19,001 19,227 21,952 22,144 26,364 31,259 36,847 41,215 50,194 68,948 84,130 84,789 91,484 88,143 101,163 106,132 113,194 124,221 230,310 232,412 300,720 331,871 329,941 365,030 356,088 361,194 366,434 406,276 432,280

$35,159,785 36,500,143 34,640,425 52,016,022 55,374,804 80,968,712 49,351,933 49,569,555 52,305,941 45,551,154 44,337,380 39,475,881 66,557,570 45,984,672 49,600,019 64,253,710 79,648,795 97,366,436 110,335,708 139,034,358 191,178,251 221,728,690 270,722,532 290,290,003 331,317,286 325,836,640 338,913,738 362,053,313 405,043,940 642,039,912 635,345,806 770,180,034 799,607,052 805,340,705 918,401,220 926,142,453 960,569,674

1,016,264,007 1,146,481,212 1,277,194,967

$2,315 2,422 2,373 1,875 1,716 2,155 2,771 2,815 2,754 2,544 2,391 2,078 3,462 2,095 2,240 2,437 2,548 2,642 2,677 2,770 2,773 2,636 3,193 3,173 3,759 3,221 3,193 3,199 3,261 2,788 2,734 2,561 2,409 2,441 2,516 2,601 2,659 2,773 2,822 2,955





TABLE XIV. INDUSTRIAL INSURANCE IN FORCE WITH AMERICAN LIFE INSURANCE COMPANIES,

1876-1910. AVERAGE AMOUNT OF POLICIES ON ALL PLANS COMBINED.

Years. Number of Companies Reporting.


Amount of Insurance in Force. Average Amount of

Policy in Force.

1861. 1862. 1863. 1864. 1865. 1866. 1867.

1870.. 1871.. 1872.. 1873.. 1874.. 1875* 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1887. 1888. 1889. 1890. 1891.

1894. 1895. 1896. 1897. 1898., 1899., 1900., 1901., 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

1 1 1 5 5 5 4 4 4 4 4 5 9 10 10 ll 13 15 15 14 13 14 16 19 20 17 17 17 19 20 22 23 23 25 28

4,816 11,226 22,808 60,371

236,674 367,453 590,053 877,334

1,092,529 1,377,150 1,780,372 2,310,003 2,794,102 3,366,062 3,882,914 4,309,862 5,125,866 5,756,746 6,858,238 6,952,794 7,386,095 8,005,417 8,798,512 10,052,833 11,219,296 12,337,019 13,448,147 14,606,635 15,674,384 16,872,583 17,841,396 18,849,357 19,687,675 21,552,344 23,034,468

$443,072 1,030,655 2,027,888 5,763,867 20,533,469 33,501,740 56,564,682 87,793,650 111,115,252 145,938,241 198,431,170 255,533,472 304,673,004 365,841,267 428,789,342 481,925,977 583,533,745 662,647,364 803,067,595 820,746,562 888,267,912 996,144,739

1,110,078,702 1,293,329,995 1,468,928,342 1,640,827,454 1,806,894,473 1,978,241,009 2,135,859,103 2,309,754,235 2,453,616,207 2,577,896,941 2,668,919,696 2,967,596,031 3,177,047,874

$92 92 89 95 87 91 96 100 102 106 111 111 109 109 110 112 114 115 117 118 120 124 126 129 131 133 134 135 136 137 138 137 136 138 138

* Industrial Insurance was commenced in the U. S. in 1875; the first policy was issued on November 10th of that year. See History of The Prudential Insurance Company of America, Newark, N. J., 1900; and Addresses and Papers on Life Insurance and Other Subjects, by John F. Dryden, Newark, N. J., 1910.




TABLE XV. NEW ORDINARY INSURANCE ISSUED BY AMERICAN LIFE INSURANCE COMPANIES,

INCLUDING REVIVALS AND ADDITIONS, 1860-1910 *


Number of New Policies Issued.

Amount of New Insurance Issued.

I860.. 1861.. 1862.. 1863.. 1864.. 1865., 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881..

1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

17 17 18 22 27 30 39 43 55 70 71 68 59 56 50 45 38 34 34 34 34 30 30 29 29 29 29 29 29 30 40 44 44 42 43 45 46 45 46 53 56 65 64 77 76 93 118 140 160 166 209

12,639 9,563 17,430 35,224 59,198 86,261 134,300 158,605 201,922 231,269 237,180 209,753 201,366 199,050 144,783 133,095 99,036 81,909 67,040 67,399 72,267 80,929 91,945 110,302 127,965 156,214 151,102 174,675 204,365 249,297 299,530 345,009 374,394 421,748 412,502 385,100 369,045 448,182 507,083 649,833 729,364 888,848 983,697

1,120,628 1,196,376 1,135,042 839,899 753,843 800,784 921,569 993,218

$35,589,934 24,978,444 43,471,429 89,812,093 155,803,897 245,427,057 404,510,474 471,611,744 579,657,371 614,762,420 587,863,236 488,655,022 489,924,857 465,614,001 351,803,670 299,276,337 232,665,489 178,283,617 156,501,129 167,865,390 187,504,256 222,582,483 257,517,216 308,064,893 321,310,170 378,214,523 448,514,242 531,170,783 631,731,701 786,096,741 902,167,799 961,311,684 988,066,419

1,090,002,107 1,014,575,827 894,575,268 827,951,111 953,306,017

1,059,645,104 1,324,041,326 1,407,609,490 1,595,600,732 1,726,754,525 1,908,085,679 1,990,205,121 1,913,628,636 1,450,829,425 1,345,147,040 1,468,934,726 1,655,899,059 1,822,260,287

* Data previous to 1890 are returns to the N. Y. Insurance Department as given in the Spectator Year Book of 1890. Subsequent data are from the annual issues of the Spectator Year Book.




TABLE XVI. NEW INDUSTRIAL INSURANCE ISSUED BY AMERICAN LIFE INSURANCE COMPANIES,

1876-1910*

Number of Companies.

Number of New Policies Issued.

Amount of New Insurance

1861.. 1862.. 1863.. 1864.. 1865.. 1866.. 1867..

1870... 1871... 1872... 1873... 1874... 1875... 1876f.. 1877... 1878... 1879... 1880... 1881... 1882... 1883... 1884... 1885... 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

12 14 13 ll ll ll 14 16 18 15 16 15 17 19 19 20 20 23

7,904 10,521 20,064 53,604 369,474 409,884 545,477 754,614 844,278 875,083

1,118,542 1,400,113 1,621,181 1,858,658 2,133,739 1,926,399 2,460,251 2,791,003 4,722,607 3,145,104 2,869,363 3,007,638 3,080,908 3,724,540 3,941,584 4,132,836 4,225,591 4,064,145 4,264,817 4,497,032 4,277,805 4,148,986 4,366,063 5,365,825 5,009,115

$727,168 967,932

1,785,696 4,956,809 34,768,035 37,089,522 52,082,281 77,017,326 89,150,302 93,736,727 132,674,009 157,595,704 170,406,321 197,611,069 241,946,519 218,138,800 276,893,923 344,546,648 573,672,395 382,064,588 360,908,034 414,722,127 422,164,810 519,380,207 566,001,576 598,581,935 611,979,938 596,510,564 613,404,546 660,861,169 631,111,688 576,203,742 594,141,679 793,216,616 784,798,180

* Data compiled from the returns of individual companies as given in the Spectator Year Books. t Industrial Insurance was commenced in the United States in November, 1875.




TABLE XVII. GENERAL FINANCIAL STATISTICS OF AMERICAN LIFE INSURANCE COMPANIES,

1860-1910. ASSETS, LIABILITIES AND SURPLUS.*

Years. Number of Corn- Admitted Liabilities, Exclu?

sive of Capital. Admitted Surplus.

Amount of Liabilities to Each $100 of Assets.

Amount of Surplus to Each $100 of Assets.

I860.. 1861.. 1862.. 1863.. 1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.., 1905... 1906.., 1907... 1908... 1909... 1910...

17 17 18 22 27 30 39 43 55 70 71 68 59 56 50 45 38 34 34 32 31 31 31 30 30 30 30 30 47 49 50 53 56 56 56 56 57 56 60 68 76 80 80 92 93 112 138 160 171 189 214

$24,115,687 26,670,397 33,389,719 37,838,190 49,027,297 64,232,130 91,062,152 125,548,951 175,262,330 229,097,425 269,520,441 302,558,199 335,168,543 360,140,684 387,281,898 403,142,982 407,406,333 396,420,591 404,079,145 411,555,247 418,122,827 429,788,508 449,994,616 472,369,099 492,240,597 524,706,436 561,551,080 597,646,847 657,044,228 714,466,148 770,972,061 840,579,127 919,310,131 987,946,922

1,073,156,679 1,159,873,889 1,243,561,111 1,344,903,198 1,462,651,318 1,595,208,408 1,742,414,173 1,910,784,985 2,091,822,851 2,265,221,193 2,498,960,968 2,706,186,867 2,924,253,848 3,052,732,353 3,380,294,090 3,643,857,971 3,875,877,059

$17,159,873 18,278,402 24,010,863 28,655,154 34,718,231 49,304,829 65,270,583 88,597,422 135,806,958 180,932,859 221,160,702 254,551,781 288,327,107 311,550,928 328,392,553 342,330,953 346,279,780 334,816,493 339,585,627 341,857,542 346,472,555 357,153,509 373,050,680 391,895,733 410,099,879 431,550,945 459,763,315 524,733,876 574,573,515 624,265,553 678,681,309 740,226,450 802,676,456 868,600,298 930,937,755 997,668,526

1,066,541,285 1,157,010,946 1,245,786,245 1,365,873,943 1,493,378,709 1,640,289,306 1,798,136,861 1,978,823,571 2,168,468,541 2,372,573,020 2,557,049,863 2,736,329,746 2,895,683,950 3,103,074,297 3,825,878,366

$6,955,814 8,391,995 9,378,856 9,173,036 14,309,066 14,927,301 25,791,569 36,951,529 39,455,372 48,164,566 48,359,739 48,006,418 46,841,436 48,589,756 58,889,345 60,812,029 61,126,553 61,604,098 64,493,518 69,697,705 71,646,608 72,634,999 76,943,936 80,473,366 82,140,718 93,154,549 101,787,765 72,912,971 82,470,773 90,200,595 92,290,752 100,352,677 116,633,675 119,346,624 142,218,924 162,205,363 177,019,826 187,892,252 216,865,073 229,334,465 249,035,464 270,495,679 293,685,990 286,397,622 330,492,427 333,613,847 367,203,985 316,402,607 484,610,140 540,783,674 649,998,693

$71 69 72 76 71 77 72 71 77 79 82 84 86 87 85 85 85 84 84

83 83 83 83 82 82 88 87 87 88 88 87 88 87 86 86 86 85

87 87 87 90 85

$29 31 28 24 29 23 28 29 23 21 18 16 14 13 15 15 15 16 16 17 17 17 17 17 17 18 18 12 13 13 12 12 13 12 13 14 14 14 15 14 14 14 14 13 13 12 13 10 14 15 14

* Data previous to 1888 are from returns compiled by the New York Insurance Department; data for the subsequent years are from the annual issues of the Spectator Year Book.




TABLE XVIII. GENERAL FINANCIAL STATISTICS OF AMERICAN LIFE INSURANCE COMPANIES RE? PORTING TO THE NEW YORK INSURANCE DEPARTMENT, 1865-1910. ADMITTED ASSETS AND CLASSIFIED INVESTMENTS.

Years. Number Com? panies.

Total Admitted X

Real Estate.

Bonds and Mortgages.

U. S. Stocks and Securi?

ties. Other Stocks and Bonds.

I860.. 1861.. 1862.. 1863.. 1864.. 1865.. 1866.. 1867..

1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

30t 39 43 56 70 71 68 59 56 50 45 38 34 34 31 31 31 31 30 30 30 30 30 30 31 31 31 31 32 33 35 36 35 36 37 40 38 39 42 42 43 43 37 35 35 34

$64,232,122 91,587,029 125,548,951 176,854,753 230,097,424 269,520,441 302,558,198 335,168,543 360,151,684 387,281,898 403,142,982 407,406,332 396,420,591 404,079,145 401,515,793 418,122,827 429,531,312 449,994,615 472,369,099 492,241,597 524,706,436 561,551,079 597,646,846 644,620,943 698,868,016 758,313,655 826,623,746 903,734,537 971,857,222 056,331,683 142,419,927 228,324,341 ,334,051,345 451,118,312 576,334,673 723,737,723 879,624,564 062,430,804 ,226,423,203 ,454,669,487 651,316,714 ,851,784,229 ,917,968,313 228,078,079 ,466,643,071 665,196,'

$1,673,955 2,250,505 3,574,339 4,845,119 7,005,888 9,029,092 10,781,285 12,462,551 14,995,291 18,344,944 22,638,380 29,203,942 31,637,322 42,803,658 49,172,260 51,600,990 51,095,636 51,367,157 51,658,281 54,595,857 57,984,316 59,913,814 63,420,525 67,781,150 74,738,636 80,018,574 84,861,300 95,354,245 104,024,367 115,556,793 123,336,168 134,056,013 137,442,861 143,825,440 151,838,650 156,118,291 162,517,058 165,993,425 172,502,479 176,568,813 165,037,789 163,644,988 155,896,374 157,373,269 160,383,490 163,929,479

$16, 23, 36, 58, 83, 108, 134, 164, 189, 210, 219, 217, 201, 189, 173, 164, 160, 172, 187, 205, 212, 227, 244, 255, 275, 301, 325, 342, 365, 384, 402, 432, 446, 449, 461, 494, 522, 562, 610, 657, 704, 798, 866, 921,

1,002, 1,126,

541,916 673,979 967,366 015,202 607,137 018,837 857,733 311,303 800,799 111,319 705,750 880,263 149,705 127,804 741,393 841,478 150,738 695,513 650,233 653,148 880,527 504,348 867,218 485,469 702,165 949,520 797,319 303,532 061,511 541,200 301,939 804,324 730,545 533,058 547,993 078,324 388,811 590,998 023,103 413,773 429,524 819,928 847,048 884,353 256,650 279,861

$16,111,341 18,535,726 21,489,472 26,283,575 26,308,474 24,884,947 25,384,423 22,327,993 21,947,678 21,786,486 23,094,714 30,421,142 38,428,613 41,901,008 42,482,340 38,082,907 29,418,789 15,730,391 13,917,536 12,574,649 15,716,287 13,933,174 12,402,594 11,599,312 9,415,068 6,448,959 4,783,494 4,373,115 4,746,400 15,378,336 16,221,442 21,409,773 14,618,738 12,813,195 9,351,202 6,890,249 5,180 295 3,671,091 2,585,580 4,087,514 3,546,215 3,500,000 2,000,000 1,500,000 1,200,000 1,600,000

$6, 9, ll, 14, 19, 23; 26; 32; 34, 43; 50, 55, 62, 70, 73, 86, 99, 108, 123, 139, 166, 183, 195, 218, 240, 263, 293, 338, 362, 402, 456, 475, 541, 637, 724, 790, 882, 994,

1,052, 1,224, 1,369, 1,438, 1,383, 1,584, 1,721, 1,744*

291,648 777,476 701,538 610,029 746,566 202,521 981,183 378,187 702,327 477,392 835,116 284,762 361,577 913,489 711,051 732,560 800,342 317,854 665,167 576,454 927,973 763,588 428,857 374,996 298,140 499,050 712,910 616,904 708,050 510,709 968,091 279,081 883,174 256,001 880,573 394,003 899,227 085,875 421,573 289,159 967,824 415,200 467,944 578,030 025,000 687,047

* Returns for years previous to 1865 not available. t Data from 1865 to 1879 inclusive are from N. Y. Insurance Department Reports. Subsequent data

are from Spectator Year Book of 1910, page 277. X The admitted assets in this table do not agree in some cases with the admitted assets as given in

Table XVII. The discrepancies are probably due to the inclusion or exclusion of small companies, and to minor clerical errors, or possibly to differences in the results of the valuations by the insurance depart? ments of the several states.




TABLE XVIII.?Continued. ADMITTED ASSETS AND CLASSIFIED INVESTMENTS OF LIFE INSURANCE COMPANIES

REPORTING TO THE NEW YORK INSURANCE DEPARTMENT.


Collateral Loans.

Premium Notes | and Loans. Cash in Office and Bank.

Deferred and Unpaid Pre?

miums. All Other Assets.

1861.. 1862.. 1863.. 1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

30 39 43 56 70 71 68 59 56 50 45 38 34 34 31 31 31 31 30 30 30 30 30 30 31 31 31 31 32 33 35 36 35 36 37 40 38 39 42 42 43 43 37 35 35

$966,032 1,630,494 1,783,047 3,291,213 3,668,622 4,416,844 6,024,975 6,712,059 7,163,362 5,947, 5,810,666 6,181,891 6,248,525 4,911,306 12,620,545 24,556,371 40,944,623 54,956,

' 48,071,315 29,323,177 16,956,741 22,299,671 25,540,962 25,924,061 30,455,902 35,508,462 40,344,114 37,322,513 33,605,080 30,531,549 29,235,145 38,851,538 44,287,550 43,188,056 49,921,949 63,770,839 64,940,715 60,509,188 66,012,028 41,828,430 44,864,594 51,532,709 43,710,624 27,823,842 16,538,707 14,070,127

$14,118,881 22,181,807 32,503,540 43,613,685 55,327,979 60,524,550 60,148,750 61,563,274 57,628,863 54,819,923 49,115,257 41,394,358 32,886,287 29,095,755 24,632,710 22,847,568 21,030,449 20,056,509 19,554,249 19,082,071 18,694,821 18,380,049 18,060,548 18,340,628 19,029,044 19,316,757 20,125,492 21,105,284 26,308,441 29,474,627 33,951,929 43,016,972 51,102,804 56,552,385 69,221,457 86,709,010 101,907,537 124,119,550 152,598,028 181,752,397 215,806,094 254,116,230 326,965,750 390,601,493 420,895,569 465,949,433

$2,725,639 4,971,358 4,174,822 5,213,590 8,029,554 10,780,507 14,564,395 13,119,161 14,069,379 13,876,976 14,574, 12,605,928 9,814,261 12,478,128 13,850,095 18,850,243 17,148,050 16,222,514 16,184,916 18,994,772 22,419,197 21,825,332 22,687,046 30,259,566 30,644,776 31,837,383 35,196,282 39,486,698 44,344,207 47,146,172 46,730,953 45,421,280 60,832,823 68,375,262 66,384,175 74,691,963 86,985,879 94,120,944 106,909,393 100,189,975 73,245,247 65,798,570 59,757,307 64,779,277 59,661,648 55,707,611

$4,633, 7,087,561 11,480,297 17,520,"" 21,608;681 22,567,031 18,576,441 15,867,755 12,687,030 10,857,510 8,723,523 5,566,339 4,572,451 4,170,134 4,015,187 4,283,186 4,444,137 5,129,877 5,820,370 6,279,445 7,078,450 7,687,617 8,730,234 10,129,241 11,778,911 13,069,866 14,486,911 17,232,234 21,272,379 20,880,423 21,275,149 23,669,630 23,526,763 25,671,033 28,360,349 32,179,517 33,536,721 36,993,839 40,697,626 43,299,201 45,149,901 43,809,006 42,442,852 42,553,670 40,571,715 45,265,509

$1,169,012 1,478,123 1,874,530 3,461,471 4,794,523 6,096,112 5,239,013 6,426,260 7,156,955 8,059,720 8,645,308 8,867,707 9,321,850 8,677,863 7,290,212 6,327,524 5,498,548 5,518,110 5,847,032 6,162,024 6,048,124 6,243,486 6,508,862 6,726,520 6,805,374 6,665,084 7,315,924 7,940,012 9,786,687 10,311,874 12,399,111 13,815,730 13,626,087 13,903,882 14,828,325 18,905,527 19,268,321 20,345,894 22,673,393 25,240,225 29,269,526 32,147,598 36,880,414 36,984,145 44,110,292 47,707,799




TABLE XIX. GENERAL FINANCIAL STATISTICS OF ALL AMERICAN LIFE INSURANCE COMPANIES,

1888-1910. ADMITTED ASSETS AND CLASSIFIED INVESTMENTS.

Years. Number Corn- Admitted

Assets. Real

Estate. Real Estate Mortgages.

U. S. Stocks and Bonds. Other Stocks

and Bonds.

1861.,

1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897..

1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

47 49 50 53 56 56 56 56 57 56 60 68 76 80 80 92 93 112 138 160 171 189 214

$657, 714, 770, 840, 919, 987,

1,073, 1,159, 1,243, 1,344, 1,462, 1,595, 1,742, 1,910, 2,091, 2,265, 2,498, 2,706, 2,924, 3,052, 3,380, 3,643, 8,875,

044,228 466,148 972,061 579,127 310,131 946,922 156,679 873,889 561,111 903,198 651,318 208,408 414,173 784,985 822,851 221,193 960,968 186,867 253,848 732,353 294,090 857,971 877,059

$68,214,990 75,699,090 80,699,595 85,785,345 96,578,137 105,348,454 117,044,685 125,059,007 135,051,096 137,990,042 144,630,736 153,851,223 158,119,116 165,530,075 170,152,287 178,185,960 180,875,035 170,616,599 170,020,809 169,968,545 166,874,569 166,712,430 172,960,857

$260, 283, 309, 333, 351, 374, 393, 412, 442, 452, 455, 467, 501, 532, 573, 623, 671, 723, 826, 921, 987,

1,084, 1,227,

965,200 277,787 601,235 930,499 204,969 483,612 776,029 436,028 035,471 290,165 086,119 948,485 498,988 177,604 262,009 691,963 577,813 507,218 418,442 166,712 253,140 345,817 281,592

$11

4. 4; 4, 15, 16, 21, 14, 12, 9, 7, 5,

871, 897,

1,067, 1,213, 1,299, 1,280, 1,452, 1,615, 1,659,

,599,311 ,433,527 454,513 788,958 385,545 754,745 399,159 242,266 487,314 690,698 843,555 811,468 190,565 687,978 874,480fa 722,617fa 027,851ta 636,997ta 394,605fa 359,719ta 827,572ta 844,321ta 845,4471a

$218,834 242,263 265,596 295,772 340,795, 367,485, 404,398; 459,143, 477,119; 543,970, 640,013: 727,393, 794,631, 889,421, 131,751 165,249 172,582 172,742 159,728 133,137 147,069, 145,560; 129,622,

742 882 667 313 758 429 579 913 630 742 623 895 743 058 2551& 187t& 975t& 135t& 118t& 396t& 411t& 549t& 493fb

* Returns for all American Companies not available for years previous to 1888. Information for 1888- 1909 is from the Spectator Year Books. t Subsequent to 1901 these two items are returned as bonds and stocks owned, to differentiate these investments from real estate bonds and mortgages. The amount of United States bonds owned during recent years is very small. a Bonds owned. b Stocks owned.




TABLE XIX?Continued. ADMITTED ASSETS AND CLASSIFIED INVESTMENTS OF ALL AMERICAN LIFE INSUR?

ANCE COMPANIES, 1888-1910.


Collateral Loans.

Premium Notes] and Loans. Cash in Office and Bank.

Deferred and Unpaid Pre- All Other

1860... 1861... 1862... 1863... 1864... 1865... 1866... 1867... 1868... 1869... 1870.., 1871.., 1872.., 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

47 49 50 53 56 56 56 56 57 56 60 68 76 80 80 92 93 112 138 160 171 189 214

$25,973,588 31,306,719 35,631,744 40,349,439 37,343,933 33,557,579 30,508,076 29,049,258 38,456,686 44,489,942 43,545,539 50,290,500 64,488,774 65,360,986 61,000,012 66,807,783 42,715,261 46,320,369 52,979,490 46,296,378 30,618,300 19,547,873 18,941,120

$18,804,810 19,839,332 19,903,242 21,053,640 22,170,086 27,669,171 30,839,727 35,524,530 44,833,176 51,962,850 57,258,660 70,836,554 88,500,575 108,437,595 127,927,668 158,567,609 189,738,779 224,568,149 265,902,863 348,458,980 434,259,309 446,276,468 495,099,854

$30,565,866 33,266,467 32,417,403 35,954,823 40,258,663 45,153,257 47,989,794 47,483,622 46,075,391 61,428,240 68,860,741 67,403,616 75,439,906 88,743,997 95,783,955 110,539,666 104,027,124 77,053,477 69,531,565 67,345,019 72,487,594 71,654,128 71,112,

$10,479,312 12,252,642 13,650,222 15,236,262 18,186,478 22,209,107 21,804,724 21,940,381 24,177,975 22,161,530 26,186,541 29,343,929 33,268,627 35,321,279 38,904,365 43,312,581 45,879,455 48,099,132 46,452,082 47,318,707 47,405,112 47,692,111 50,955,665

$6,968,845 7,126,702 7,018,440 7,719,869 8,456,988 10,276,370 10,879,078 12,994,984 14,324,374 15,918,989 14,225,804 18,328,738 19,275,859 20,104,413 21,166,820 21,143,827 24,636,705 29,642,791 33,825,874 38,680,897 41,499,083 46,224,274 60,107,465




TABLE XX. TOTAL AND PREMIUM INCOMES OF AMERICAN LIFE INSURANCE COMPANIES,

1910* [ORDINARY AND INDUSTRIAL.] 1860-

Num- ber of Com? panies.

Total Income.

Premium Income.

Per Cent. of

Total In?

come.

Annuity Income.

Per Cent. of

Total In?

come.

Income from Investments and Other Sources.

Per Cent. of

Total In?

come.

92 93

112 138 160 171 189 214

$5,856,758 6,323,957 7,690,677 10,873,287 16,425,303 25,150,345 41,039,735 58,374,582 77,495,577 98,613,901 105,122,488 113,579,539 117,398,555 118,573,782 115,926,245 110,667,8861 96,714,414' 86,529,095 81,056,371 79,033,681 78,369,4851 81,781,592 86,533,380 93,703,772 98,480,667) 107,381,525 119,597,697 134,106,073 151,200,4251 173,222,755 196,938,0691 213,444,589| 227,622,955 241,727,505 261,959,111 271,928,709 283,726,855 304,945,675 325,452,134 365,368,0621 400,603,257 457,965,754 504,527,705 553,639,9001 599,081,882 642,058,530 667,185,592 678,656,595 703,930,149 748,027,892 781,011,;

$4,755,113 4,938,151 5,949,524 8,703,998 13,392,787 21,803,402 36,422,981 51,754,975 67,858,024 86,081,013 90,294,828 96,687,599 96,590,014 95,934,959 89,396,335 84,763,277 71,759,745 62,737,496 56,880,217 53,363,400 52,844,498 55,292,583 59,649,845, 65,993,6101 71,860,659 78,805,862 89,276,591 101,658,183 115,636,486 134,697,997 154,821,057 170,038,475 181,938,376 194,993,930 207,054,487 216,124,919 222,925,073 237,289,083 252,611,617 285,621,406 318,418,405 357,619,068 396,482,278 438,695,413 477,148,651 507,679,760 521,515,675 528,345,165 541,982,831 560,273,636 587,716,897\

81.2 78.1 77.4 80.0 81.5 86.7 88.8 88.7 87.6 87.3 85.9 85.1 82.3 80.9 77.1 76.6 74.2 72.5 70.2 67.5 67.4 67.6 68.9 70.4 73.0 73.4 74.6 75.8 76.5 77.8 78.6 79.6 79.9 80.7 79.0 79.5 78.6 77.8 77.6 78.2 79.5 78.1 78.6 79.2 79.6 79.1 78.2 77.9 77.0 74.9 75.8

$4,418 6,780| 15,734 21,537! 23,608 20,981 41,373 92,182 65,462 57,792 82,9661 95,057 82,108 184,740I 154,008' 394,855 355,376j 270,842] 474,623 756,246

1,259,404, 1,944,585 1,726,270 2,199,338 1,328,939 1,221,741 1,857,975 1,910,8431 2,434,409 2,946,488 3,248,193 2,916,708 2,591,236 1,976,968 2,587,238 3,588,389 5,044,290 6,058,866 5,043,541 6,220,858 6,305,5491 8,654,389 10,464,319 8,848,409 11,104,523 8,317,075 5,079,223 4,732,282 3,875,579 4,955,257 5,671,844'

0.1 .1 .2 .2 .2 .1 .1 .1 .1 .1 .1 .1 .1 .2 .1 .4 .4 .3 .6

1.0 1.6 2.4 2.0 2.4 1.3 1.1 1.6 1.4 1.6 1.7 1.7 1.4 1.2 .8

1.0 1.3 1.8 2.0 1.6 1.7 1.6 1.9 2.1 1.6 1.9 1.3 .7 .7 .5 .7 .7

$1,097,227 1,379,026 1,725,419 2,147,752 3,008, 3,325,962 4,575,381 6,527,425 9,572,091 12,475,096 14,744,694 16,796,883 20,726,433 22,454,083 26,375,902 25,509,754 24,599,293i 23,520,757 23,701,531 24,914,035 24,265,583, 24,544,424 25,157,265 25,510,824 25,291,069 27,353,922 28,463,131 30,537,047 33,129,5301 35,578,270 38,868,819 40,489,406 43,093,343 44,756,607 52,317,386 52,215,401 55.757,492 61,597,726 67,796,976 73,525,7981 75,879,303 91,692,2971 97,581,108 106,096,078 110,828,708 126,061,6951 140,590,694 145,579,148 158,071,739 182,798,999 187,628,008,

18.7 21.8 22.4 19.8 18.3 13.2 11.1 11.2 12.3 12.6 14.0 14.8 17.6 18.9 22.8 23.0 25.4 27.2 29.2 31.5 31.0 30.0 29.1 27.2 25.7 25.5 23.8 22.8 21.9 20.5 19.7 19.0 18.9 18.5 20.0 19.2 19.6 20.2 20.8 20.1 18.9 20.0 19.3 19.2 18.5 19.6 21.1 21.4 22.5 24.4 24.0

* Data for years previous to 1890 have been compiled from reports of New York Insurance Department, for 1890 and subsequent years from the annual issues of the Spectator Year Book.




TABLE XXI. CLASSIFIED DISBURSEMENTS OF AMERICAN LIFE INSURANCE COMPANIES, 1860-1910*

[ORDINARY AND INDUSTRIAL.]

Years. Num? ber of Corn-

Total Disbursements.

Death Matured Endowments.

Annuity Payments.

Lapsed, Sur? rendered and Purchased Policies.

Dividends to Policyholders.

1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870, 1871 1872 1873 1874 1875 1876, 1877, 1878, 1879, 1880, 1881, 1882, 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897

1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 mo

112 136 160 171 189 214

$2,908,936 3,638,481 3,721,561 5,764,043 7,021,649 10,595,357 17,057,049 26,325,213 40,959,021 54,471,576 63,876,840 77,536,280 78,207,257 84,501,446 81,232,333 79,982,466 76,618,183 74,337,324 72,128,070 68,965,599 66,561,687 65,815,377 66,693,779 72,445,653 77,603,161 81,499,913 84,111,350 95,979,784 108,816,822 120,902,252 134,198,171 144,557,932 156,351,910 170,433,865 182,290,595 189,784,199 202,543,118 208,987,574 222,518,788 250,296,121 267,580,100 302,829,506 321,966,272 360,520,554 391,828,591 411,850,689 426,861,363 438,787,411 467,675,546 505,360,483

$1,360,000 1,474,005 1,740,295 2,305,892 3,136,659 4,304,023 6,055,764 7,628,430 10,108,134 15,640,266 19,455,908 28,685,923 25,578,371 27,124,575 25,655,389 24,994,840 22,338,037 20,977,923 19,655,882 20,596,281 21,278,806 22,815,952 23,007,639 25,430,581 27,126,634 30,331,300 30,817,888 35,931,143 41,155,660 44,866,684 50,874,980 55,827,086 63,874,110 66,610,984 69,300,675 73 104,' ' 77,295,107 78,593,359 82,659,450 96,219,587 100,721,179 117,884,361 117,654,112 131,735,795 144,511,539 149,711,-074 153,028,880 164,182,226 164,698,388 172,280,388 180,654,396

t t t t t t

$312,560 586,134 899,414

t t t t t t

2,012,427 3,047,738 4,906,140 9,238,870 8,809,136 7,900,631 7,880,r~~ 6,361,288 7,853,418 8,778,834 7,635,761 6,931,211 6,544,403 8,135,958 9,075,922 8,889,111 8,481,069 7,953,342 8,484,356 8,342,198 10,845,200 12,303,068 12,351,140 13,962,245 15,379,675 18,334,679 21,270,644 22,419,860 24,594,036 25,313,205 28,006,291 29,271,767 32,970,156 34,857,375 41,213,252 46,349,075

t t t t t t

$15,352 38,439 51,138 52,565 66,804 87,118 94,009 107,860 142,471 167,364 182,075 219,223 258,474 257,820 340,697 483,391 615,652 832,390

1,019,458 1,076,383 1,120,564 1,205,326 1,358,240 1,556,043 1,775,330 2,001,147 2,110,350 2,255,416 2,340,298 2,401,040 2,633,198 2,978,179 3,381,641 3,684,673 4,122,070 4,429,412 4,868,841 5,566,948 6,249,611 6,747,726 7,049,333 7,300,809 7,241,? 7,382,565 7,426,

"""

$243,954 665,341 468,924 361,830 407,754 694,343

1,147,733 2,067,782 3,762,735 5,148,900 9,616,988 13,263,390 13,922,009 16,669,594 22,453,955 20,414,574 21,354,376 19,152,318 17,095,994 12,702,088 9,552,350 8,947,354 9,255,077 8,837,857 9,503,530 9,630,269 9,433,378 10,413,974 11,458,660 12,420,282 14,024,018 16,513,387 15,916,300 20,215,293 23,628,295 23,346,071 26,731,56^ 26,944,258 26,776,440 23,365,735 22,649,771 24,561,686 27,249,824 32,596,905 37,399,456 44,360,392 57,707,539 58,904,619 74,472,005 76,813,974 77,518,465

$497,848 637,522 616,722

1,031,939 1,036,912 1,293,386 2,542,905 6,183,624 11,707,663. 15,733,862 15,809,557 14,624,608 20,077,999 22,938,235 16,617,018 17,900,605 16,187,128 15,397,370 14,637,449 13,331,468 13,081,376 12,579,151 13,555,105 13,417,464 13,043,498 12,963,660 13,218,286 14,852,624 14,499,245 14,130,598 14,512,917 14,203,855 14,652,778 15,092,892 14,811,781 15,439,834 17,216,067 18,538,827 20,024,746 21,368,316 22,859,902 24,252,386 25,838,732 31,348,388 33,579,020 36,143,400 40,268,110 46,339,167 54,508,369 63,040,725 75,353,638

* Data previous to 1888 are from returns to the N. Y. Insurance Department published in the Spec? tator Year Book for 1910, pp. 274 el seq. Subsequent data are from Spectator Year Books for the various years.

t Returns are not available.




TABLE XXL?Continued. PAYMENTS TO POLICYHOLDERS AND EXPENSES, INCLUDING TAXES, ETC., OF AMERI?

CAN LIFE INSURANCE COMPANIES,- 1860-1910* [ORDINARY AND INDUSTRIAL.!


Total Payments to Policyholders.

Expenses Including Commission to Agents, Taxes, etc.

Dividends to Stockholders.

1860. 1861.

1864. 1865. 1867.

1870. 1871. 1872. 1873. 1874. 1875., 1876. 1877. 1878. 1879., 1880., 1881., 1882., 1883., 1884., 1885., 1886. 1887.,

1890., 1891.. 1892., 1893., 1894., 1895., 1896.,

1900. 1901. 1902. 1903. 1904., 1905. 1906.. 1907., 1908., 1909., 1910.,

17 17 18 22 27 30 39 43 55 70 71 68 59 56 50 45 38 34 34 32 31 31 31 30 30 30 30 30 48 49 50 53 56 56 56 56 57 56 60 69 76

92 93 112 136 160 171 189 214

$2,101,802 2,776,868 2,825,941 3,699,661 4,581,325 6,291,752 10,074,314 16,504,409 26,529,084 36,575,593 44,949,257 56,661,039 59,672,388 66,840,264 64,868,833 65,489,810 63,109,354 60,652,974 60,886,669 55,696,793 52,153,860 52,706,157 52,794,761 56,372,710 58,471,954 61,637,373 61,521,327 68,947,470 76,607,763 82,049,529 90,007,819 97,026,344 104,506,880 112,658,941 118,423,247 125,136,443 136,179,008 139,405,708 146,804,522 159,987,686 168,687,601 192,398,489 199,883,721 225,842,072 247,052,831 264,968,883 287,325,629 309,696,977 335,777,925 360,730,904 887,302,073

$744,801 792,100 834,292

1,935,011 2,299,142 4,025,905 6,745,434 9,480,443 13,789,689 17,278,478 18,349,431 20,242,707 18,006,861 17,208,206 15,986,881 14,128,594 13,174,419 13,327,565 10,992,051 11,278,356 13,924,284 13,308,595 13,622,618 15,760,746 18,781,616 20,813,089 22,250,571 26,628,952 31,811,765 38,376,963 43,722,725 46,887,642 51,169,449 56,932,078 63,050,821 63,831,759 65,507,809 68,810,087 74,847,829 89,481,869 97,864,078 109,620,155 121,220,743 133,768,761 143,858,936 145,927,609 138,579,214 143,526,010 130,153,552 143,208,143 150,900,816

$62,333 69,513 61,328 129,371 141,182 277,700 237,301 340,361 640,248 617,505 578,152 632,534 528,008 452,976 376,619 364,062 334,010 356,785 249,350 287,272 339,355 250,624 276,400 315,197 349,591 374,981 339,451 403,362 397,296 475,760 467,627 643,946 675,581 842,846 816,528 815,997 856,301 771,779 866,437 826,566

1,028,421 810,862 861,808 909,721 916,824 -954,197 956,520

1,137,918 1,744,069 1,421,436 2,140,087

* Data previous to 1888 are from returns to the N. Y. Insurance Department published in the Spectator Year Book for 1910, pp. 274 et seq. Subsequent data are from Spectator Year Books for the various years.




TABLE XXIa. EXPENSES OF 214 LIFE INSURANCE COMPANIES, 1910*

[ORDINARY AND INDUSTRIAL.]

Items. Per cent, of

Total.

Commissions. Salaries and expenses of agents., Medical fees and inspections ? Salaries, officers and employees. Rents. Real estate repairs, etc. Other management expenses_

Total management expenses. Paid on supplementary contracts. Dividends to stockholders. Taxes, licenses, fees and fines. Real estate taxes. Profit and loss, etc.

Total.

$59,892,373 27,736,146 5,913,616 20,122,959 5,217,052 3,164,475 11,496,857

$133,543,478 $2,361,820 2,140,037 10,814,982 2,217,578 1,962,458

$153,040,353

39.1 18.1 3.9 13.1 3.4 2.1 7.5

87.2 1.5 1.4 7.1 1.5 1.3

100.0

* Compiled from the Spectator Year Book, 1911.




TABLE XXII. ORDINARY POLICY ACCOUNT OF AMERICAN LIFE INSURANCE COMPANIES, 1864-1910.

NUMBER OF POLICIES TERMINATED, BY MODE OF TERMINATION.!

Years. Num? ber of Corn-

Total Termi? nations. Mode of Term.

Specified.

By Death.

By Maturity.

By Expiry.

By Surrender.

By By Change and De-

1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910

70 78 89 90 94 101 106 121 133 159 189 194 198

9,026 15,847 22,846 38,676 54,375 83,576 103,303 133,677 118,976 129,961 129,121 110,940 98,128 95,295 79,728 60,503 48,277 45,472 47,334 53,074 67,073 76,770 64,479 70,367 84,380 95,490

1,702,715 1,535,263 1,592,647 2,292,983 3,755,736 3,163,710 2,480,119 2,382,138 2,483,515 2,638,666 2,988,041 3,198,945 3,381,928 3,393,347 3,744,212 3,917,339 3,964,415 3,685,788 4,099,877 4,045,156 4,079,357

1,163 1,580 1, 2,863 3,414 5,022 6,541 7,650 8,766 9,724 8,555 9,002 8,382 7, 7,655 7,359 7,633 8,268 8,281 9,092 9,183 10,245 10,497 11,673 12,867 13,467 83,839 96,544 107,800 117,861 129,304 143,749 142,354 143,763 156,660 177,468 202,225 218,106 229,648 256,176 284,967 289,843 308,999 331,718 323,740 336,879 373,397

4,813 4,804 4,296 4,254 3,570 4,464 4,781 4,760 4,192 4,100 4,681 4,876 5,552 4,814 4,327 4,1 4,356 5,175 5,778 5,608 5,847 6,858 7,593 9,257 10,329 11,486 12,245 13,430 14,101 17,664 18,015 22,805

193 350 280 362 617

1,717 1,250 1,413 927

1,042 1,895 5,772 2,959 4,433 3,702 3,116 2,508 2,340 2,607 1,767 2,466 2,624 2,857 2,943 3,923 4,899 6,510 10,076 7, 8,765 10,299 11,299 10,144 11,879 11,030 12,310 30,301 40,929 56,106 73,228 85,402 109,246 112,835 79,429 60,571 58,171 63,113

1,051 1,859 2,407 4,052 8,826 14,974 17,783 26,506 24,457 30,083 33,396 29,174 33,004 33,681 25, 18,224 12,050 10,139 10,380 10,909 12,524 13,724 13,965 14,451 16,388 17,580 21,043 29,679 32,545 43,601 66,236 70,815 79,111 149,679 125,480 145,310 136,296 148,! 155,105 162,430 195,763 230,290 271,674 300,788 301,854 307,515 220,760

6,461 11,635 17,187 28,643 38,767 56,465 69,894 88,706 76,993 76,570 76,734 61,055 49,549 44,470 32,090 23,305 18,756 18,364 20,478 24,862 36,886 44,189 31,620 35,902 45,114 52,932

1,584,181 1,391,874 1,437,895 2,115,547 3,541,281 2,929,139 2,237,461 2,066,257 2,177,000 2,275,445 2,595,187 2,755,447 2,914,919 2,874,185 3,155,860 3,265,066 3,256,051 2,955,423 3,394,644 3,318,806 3,395,075

158 42a

1,166 2,756 2,751 5,398 7,835 9,402 7,833 12,542 8,541 5,937 4,234 4,907 5,663 3,695 3,034 2,107 2,018 1,980 1,233 1,228 1,348 1,298 1,407 1,736 1,590 2,276 2,431 2,401 4,260 3,533 5,271 4,952 7,498

21,275 16,439 26,238 15,821 15,842 9,975 9,464

755 766

1,053 980 774

* Returns are not available for years previous to 1864. t Not taken business is no longer reported by the Companies in compliance with departmental rulings. X Data for 1864 to 1889 inclusive are from the N. Y. Insurance Department Reports, for 1890 to 1910

from Spectator Year Books.




TABLE XXIIa. ORDINARY POLICY ACCOUNT OF AMERICAN LIFE INSURANCE COMPANIES, 1864-1910.

PERCENTAGE DISTRIBUTION OF POLICIES TERMINATED, BY MODE OF TERMINA? TION.

Years.

1861.

1867.

1870. 1871. 1872. 1873. 1874. 1875. 1876. 1877., 1878., 1879., 1880.. 1881.. 1882.. 1883.. 1884..

1887. 1888. 1889. 1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897.

1900. 1901. 1902. 1903. 1904. 1905. 1906. 1907., 1908., 1909.. 1910..


27 30 39 43 55 70 71 68 59 56 50 45 38 34 34 31 30 30 30

29 29 29 29 31 55 58 63 65 64 64 64 66 70 78 89 90 94 101 106 121 133 159 189 194 198

By Death. Per cent.

12.9 10.0 7.9 7.4 6.3 6.0 6.3 5.7 7.4 7.5 6.6 8.1 8.5 8.2 9.6 12.2 15.8 18.2 17.5 17.1 13.7 13.3 16.3 16.6 15.3 14.1 4.9 6.3 6.8 5.1 3.4 4.5 5.7 6.0 6.3 6.7

7.6 7.6 7.4 7.8 9.0 7.9 8.3 9.2

By Maturity. Per cent.

6.0 7.9 8.9 9.4 7.5 8.4 7.1 6.2 6.5 5.8 5.5 5.1

Expiry. Per cent.

2.1 2.2 1.2 1.1 2.1 1.2 1.1

1.5 5.2 3.0 4.7 4.6 5.2 5.2 5.1 5.5 3.3 3.7 3.4 4.4 4.2 4.6 5.1 .4 .7 .& .4 .3 .4 .4 .5 .5 .5

1.0 1.2 1.7 2.2 2.3 2.8 2.8 2.2 1.5 1.4 1.6

By Surrender. Per cent.

11.6 11.7 10.5 10.5 16.2 17.9 17.2 19.8 20.6 23.2 25.9 26.3 33.6 35.3 32.4 30.1 25.0 22.3 21.9 20.5 18.7 17.9 21.7 20.5 19.4 18.4 1.2 1.9 2.0 1.9 1.8 2.2 3.2 6.3 5.0 5.5 4.6 4.7 4.6 4.8 5.2 5.9 6.9 8.2 7.4 7.6 5.4

Lapse. Per cent.

71.6 73.4 75.2 74.1 71.3 67.6 67.7 66.4 64.7 58.9 59.4 55.0 50.5 46.7 40.3 38.5 38.9 40.3 43.3 46.9 55.0 57.6 49.0 51.0 53.5 55.4 93.0 90.7 90.1 92.3 94.3 92.6 90.2 86.7 87.7 86.2 86.8 86.1 86.2 84.7 84.3 83.4 82.1 80.1 82.8 82.0 88.2

By Change and De- Per cent.

1.8 2.7 5.1 7.1 5.1 6.4 7.6 7.0 6.5 9.6 6.6 5.4 4.3 5.1 7.1 6.1 6.2 4.6 4.3 3.7 1.8 1.6 2.1 1.8 1.7 1.8 .1 .1 .2 .1 .1 .1 .2 .2

.4

.4

.3

.2




TABLE XXIII. ORDINARY POLICY ACCOUNT OF AMERICAN LIFE INSURANCE COMPANIES, 1864-1910.

TERMINATIONS BY AMOUNT OF INSURANCE.

Num? ber of Com? panies.

Total Amount of Specified Terminations.*

By Death.

By Maturity.

By Expiry.

By Surrender.

By Lapse.

By Change or De-

1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897

1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910

29 29 29 29 29 29 31 55 58 63 65 64 64 64 66 70 78 89 90 94 101 106 121 133 159 189 194 198

$21,617, 39,767, 62,552, 114,417, 158,651, 235,244, 287,848, 354,877, 323,595, 346,608, 331,532, 276,228, 253,574, 238,731, 211,694, 157,544, 125,162, 118,477, 129,768, 142,016, 166,888, 174,043, 178,836, 197,107, 243,221, 270,229, 512,419, 598,124, 638,622, 802,968, ,056,078, 931,470, 860,814, 850,604, 865,498, 929,446, ,037,745, ,162,612, ,408,883, ,276,979, 429,422, ,571,902, ,656,235, 476,912, 591,623, 546,337, ,568,813,

170,409 233,281 982,290 343,322 908,357 120,190 065,099 733,536 457,864 312,327 667,923 988,434 702,740 426,672 890,611 284,347 444,339 565,252 ,495,101 689,107 ,871,825 194,990 234,271 733,282 358,160 061,217 155,594 ,414,375 017,070 281,749 325,315 251,423 028,962 029,223 510,902 102,608 227,641 829,538 038,108 335,427 068,672 088,764 724,826 525,736 542,643 654,560 830,490

355,809 043,849 989,149 688,222 697,308 708,207 552,301 870,201 931,844 053,244 661,216 303,958 901,891 713,166 278,247 999,241 320,827 648,677 685,344 587,545 095,450 546,972 547,182 638,755 216,375 026,140 519,531 302,215 363,975 046,816 622,477 602,054 856,521

$552, 754, 677, 972,

1,638, 5,094, 3,118, 3,545, 2,387, 2,510, 5,191, 7,309, 6,771, 9,453, 8,843, 7,390, 5,437, 5,770, 5,647, 3,891, 8,334, 9,033, 10,429, 10,432, 13,895, 16,413, 21,274, 32,187, 23,091, 27,435, 32,400, 33,486,

31,920, 36,662; 73,488; 91,937 111,273; 138,098, 153,618, 189,080, 205,814, 146,275, 113,726, 98,357, 98,617,

$2, 4, 6, 12, 24, 40, 53, 78, 74, 86, 92, 79, 84, 89, 72, 54, 37, 33, 38, 36, 42, 43, 45, 48, 54, 56, 69, 91, 94, 114, 141, 140, 142, 146, 119 123, 109 130, 133 151 178 223, 270, 262, 303, 296 278

772,684 577,700 486,403 214,034 791 "- 237,498 148, 805,449 j 175, 457,7611214, 078.715J190, 541,535186 796,824|179, 774,666 142, 548,242|123, 017,554i 98, 489,046j 78 257,456; 54, 453,801 42, 046,732! 41, 120,541 48, 708,240 57, 103,980! 77, 882,293| 79, 035,381| 80, 356,157; 91, 153,514(121, 910,405(139, 552,389 346, 991,719391, 804,795 424, 568,183 545, 217,806 754, 621,6571633, 758,992)552, 863,069:538, 435,847!573, 088,232:608, 035,813690, 905,1441727, 299,400 965, 125,6881782, 221,637(888,

,431 945 609,144 133,340 146,354 410,235 548,999

,528,843 793,061 ,805,966 132,294 931,689 ,747,676 ,888,860 919,514 ,283,427 ,716,581 023,161 ,903,483 ,652,153 800,015 ,936, ,066,929 ,787,696 809,149 ,678,171 236,963 850,963 268,220 895,034 400,252 013,284 280,352 852,194 385,050 024,721 384,839 357,188 613,081 942,273 358,097 273,384 178,315 270,072 889,147 860,579 419,741 123,883 188,154 344,653 337,300 941,733 264,162 864,248

$593,100 2,409,571 6,600,657 13,754,735 18,380,860 26,044,889' 34,969,990 35,221,410 31,387,83a 43,526,890 30,853,237 21,251,653 15,900,382 21,033,762 21,178,478 12,501,476 10,050,440 7,597,291 7,129,592 8,782,783 5,175,195 5,794,576 6,310,241 7,131,811 8,139,763 10,259,467 12,682,480 17,432,361 22,406,407 37,298,519 49,457,050 37,848,856 43,409,716 39,381,934 43,262,645 47,867,743 44,175,805 70,412,283 55,194,694 43,974,339 34,870,129 33,234,520 51,378,572 44,593,642 49,643,003 40,048,759 42,100,988

* For some companies this information is not given in detail in the annual reports of the insurance departments of the several states, or the Spectator Year Books for the period under review.




TABLE XXIIIa. ORDINARY POLICY ACCOUNT OF AMERICAN LIFE INSURANCE COMPANIES, 1864-1910.

PERCENTAGE DISTRIBUTION* OF TERMINATIONS BY AMOUNTS OF INSURANCE.

Years.

1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877, 1878, 1879 1880 1881 1882 1883 1884 1885 1886 1887

1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910,


27 30 39 43 55 70 71 68 59 56 50 45 38 34 34 31 30 30 30

29 29

31 55 58 63 65 64 64 64 66 70 78 89 90 94 101 106 121 133 159 189 194 198

By Death.

Per cent.

14.7 10.6 8.0 7.3 6.2 6.4 7.0 6.4 7.9 7.9 7.1 9.0 9.0 8.5 9.9 12.9 17.1 19.0 17.3 17.4 14.9 16.2 16.3 16.6 15.4 14.5 10.4 9.4 10.3 8.6 6.7 8.1 9.1 9.4 9.6 10.6 9.8 10.2 8.5 10.5 10.3 9.7 8.2 11.3 10.5 11.4 11.8

By Maturity. Per cent.

4.4 5.7 6.4 6.5 5.9 7.5 5.1 4.5 3.9

3.1 1.7 1.5 1.3 1.1 .8

1.1 1.5 1.5 1.6 1.7 1.8 1.9 1.7 2.1 1.9 1.8 1.8 2.2 2.2 2.7 8.0

By Expiry. Per cent.

2.5 1.9 1.1 .9

1.0 2.2 1.1 1.0 .7 .7

1.6 2.6 2.7 4.0 4.2 4.7 4.3 4.9 4.4 2.7 5.0 5.2 5.8 5.3 5.7 6.1 4.2 5.4 3.6 3.4 3.1 3.6 3.6 3.9 3.7 3.9 7.1 7.9 7.8 10.8 10.7 12.0 12.4 9.9 7.2 6.4 6.8

By Surrender. Per cent.

12.8 11.5 10.4 10.7 15.6 17.1 18.7 22.1 22.9 25.0 28.0 28.9 33.3 37.3 34.2 34.4 29.9 27.9 29.4 25.8 25.2 25.2 25.2 24.5 22.3 21.1 13.6 15.4 14.8 14.3 13.4 15.1 16.6 17.3 13.8 13.2 10.5 11.3 9.5 11.8 12.5 14.2 16.3 17.8 19.0 19.2 17.8

By Lapse.

Per cent.

67.2 69.9 70.0 69.1 65.5 63.2 61.1 60.6 58.8 53.9 54.0 51.7 48.8 41.4 37.3 34.3 34.2 35.3 37.5 40.3 46.6 45.5 45.2 46.4 49.8 51.5 67.7 65.4 66.4 67.9 71.4 68.1 64.2 63.3 66.2 65.4 66.5

61.3 62.1 60.1 58.1 55.8 58.0 57.8 68.4

By Change and De? crease.

Per cent.

2.7 6.1 10.5 12.0 11.6 11.1 12.1 9.9 9.7 12.5 9.3 7.7 6.2 8.8 10.0 7.9 8.0 6.4 5.5 6.2 3.1 3.3 3.5 3.6 3.2 3.7 2.4 2.9 3.5 4.6 4.6 4.0 5.0 4.6 5.0 5.2 4.3 6.1 3.9 3.4 2.4 2.1 3.1 3.0 3.1 2.5 2.7

* By percentage distribution is meant the percentage of termination each year from sDecified causes among the terminations from all causes.




TABLE XXIV. PER CENT. TO MEAN ORDINARY POLICIES IN FORCE OF TERMINATIONS BY SUR?

RENDER AND LAPSE OF 27 LIFE INSURANCE COMPANIES, 1891-1910*

Years. Number of Companies. Per cent.

1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899. 1900. 1901. 1902. 1903. 1904. 1905. 1906. 1907., 1908. 1909. 1910.

1891-1895. 1896-1900. 1901-1905. 1906-1910.

27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27

27 27 27 27

8.29 8.40 9.24 10.65 9.57 9.11 8.36 7.86 7.18 7.35 6.72 6.91 7.21 7.68 8.39 8.93 6.57 6.33 5.51 6.06

9.31 7.74 7.47 6.11

*Data are from Spectator Year Book of 1911 (page 326). The information as to the actual amounts is not available. The rates apply to Ordinary insurance only.




TABLE XXV. THE EXPENSE RATE PER CENT. OF MEAN ORDINARY INSURANCE IN FORCE OF 24

LIFE INSURANCE COMPANEES, 1891-1910*

Number of Companies. Per cent.

1891. 1892. 1893. 1894. 1895. 1896.

1899. 1900., 1901. 1902. 1903. 1904.. 1905. 1906. 1907. 1908. 1909. 1910.

1891-1895. 1896-1900. 1901-1905. 1906-1910.

24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 u

24 24 24 24

1.01 .97

1.00 .70

* Data are from Spectator Year Book of 1911 (page 325). available. The rates apply to Ordinary insurance only.

The information as to actual amounts is not




XXVI. THE RATE OF INTEREST EARNED BY AMERICAN LIFE INSURANCE COMPANIES,

1875-1909*

Year. Mean Ledger Assets, less Capital.

Gross Interest Earnings, less Earnings of Capital.

Interest Rate, Per Cent, of Ledger Assets.

1875.. 1876.. 1877., 1878.. 1879.. 1880.. 1881.. 1882.. 1883., 1884.. 1885.. 1886.. 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909..

330, 345, 355, 364, 372, 384, 400, 420, 440, 463, 493, 528, 567, 616, 673, 733, 821, 890, 963, ,041, ,120, 203, 296, 400, 520, 658, 818, 993, 179, 379, 593, 804, 008, 219,

598,281 ,383,032 ,962,158 ,994,538 ,399,201 ,204,188 ,544,790 645,700 579,100 985,200 551,600 136,100 374,500 952,400 508,200 580,100 321,800 426,600 342,500 572,300 717,800 036,100 095,400 537,400 769,100 316,400 593,500 499,300 383,900 536,900 870,100 146,300 708,800 733,900 733,393

$21,023,367 21,992,118 22,066,477 21,005,614 21,327,406 20,318,716 21,117,154 22,181,789 23,188,582 24,033,024 25,063,797 26,438,332 28,734,086 30,658,709 32,183,389 34,607,534 38,041,022 41,628,748 45,043,714 48,096,543 51,984,695 54,840,763 58,379,679 63,158,488 67,287,421 71,440,066 76,811,208 83,501,497 91,820,560 100,103,720 108,751,720 120,038,674 132,530,297 142,454,251 152,714,921

6.81 6.66 6.38 5.90 5.85 5.46 5.49 5.54 5.51 5.44 5.41 5.36 5.44 5.40 5.22 5.14 5.19 5.07 5.06 4.99 4.99 4.90 4.85 4.87 4.80 4.70 4.63 4.59 4.61 4.59 4.57 4.63 4.73 4.73 4.74

?Compiled from the Brown Book of Life Insurance Economics. Data are for twenty-f for the years prior to 1893, for subsequent years for twenty-eight companies.

3 companies




TABLE XXVII. INTEREST EARNINGS OF AMERICAN LIFE INSURANCE COMPANIES, CLASSIFIED BY

INVESTMENTS, 1894-1909*

Bonds and Stocks.

Holdings. Gross Earnings.

Mean Rates Earned.

Loans on Mortgages.

Amount. Gross Earnings.

Mean Rates Earned.

1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1894-1898 1899-1903 1904-1908 1909..,

1894. 1895. 1896. 1897. 1898. 1899. 1900. 1901. 1902. 1903. 1904. 1905. 1906. 1907. 1908. 1909. 1894-1898 1899-1903 1904-1908

$377, 425, 462, 498, 562; 639; 704; 773; 871, 965;

1,079, 1,235; 1,362; 1,439; 1,518; 1,631

322,651 658,868 757,958 444,736 641,064 618,234 361,132 253,416 639,585 225,898 789,660 268,829 157,168 431,584 049,799 322,256

2,327,025,277 3,954,098,265 6,634,697,040 1,631,322,256

$18,423,325 20,213,890 21,706,659 23,422,332 26,704,847 29,921,386 31,754,610 34,831,745 37,857,961 42,105,313 46,866,160 53,664,743 58,230,224 63,159,535 65,444,320 71,232,456 110,471,053 176,471,015 287,364,982 71,232,456

4.88 4.75 4.69 4.70 4.75 4.68 4.51 4.50 4.34 4.36 4.34 4.34 4.27 4.39 4.31 4.37 4.75 4.46 4.33 4.37

$373,806,228 391,910,792 415,947,371 435,976,777 442,242,401 448,998,996 470,346,708 499,942,609 533,243,632 575,792,163 622,230,751 667,912,641 737,803,728 822,072,237 889,273,751 955,366,609

2,059,883,569 2,528,324,108 3,739,293,108 955,366,609

$21,144,782 21,489,658 22,622,803 23,189,548 23,394,530 22,881,358 23,482,576 24,348,409 25,658,348 27,504,979 30,111,019 32,277,334 35,563,980 40,511,328 44,331,222 47,954,513 111,841,321 123,875,670 182,794,883 47,954,513

5.66 5.48 5.44 5.32 5.29 5.10 4.99 4.87 4.81 4.78 4.84 4.83 4.82 4.93 4.99 5.02 5.43 4.90 4.89 5.02

Real Estate.

Holdings.

$109, ns; 126 132; 137; 143; 148, 154; 159 164, 169, 165, 157, 156, 154, 156,

269,585 546,067 875,381 797,748 044,154 336,071 871,066 556,727 903,892 866,035 250,751 170,436 981,238 864,530 983,100 024,109

1909.

624,532,935 771,533,791 804,250,055 156,024,109

Gross Earnings.

597,176 956,654 422,071 930,692 612,345 197,692 843,788 440,872 092,913 593,347 792,133 112,333 178,241 899,009 925,982 022,775

27,518,938 42,168,612 49,907,698 10,022,775

10,

?1 ls

4.21 4.18 4.27 4.47 4.83 5.02 5.27 5.46 5.69 5.82 5.79 6.12 6.48 6.31 6.40 6.42 4.41 5.47 6.21 6.42

All Other Securities.

Loans on Col? lateral, Policy Reserves, etc.

$64,680,471 66,079,544 76,009,863 89,128,768 98,174,208 109,799,404 135,562,035 158,926,848 173,989,071 199,151,755 218,119,234 239,004,114 281,022,707 337,134,878 392,878,822 424,847, f"

394,072,854 777,429,113

1,468,159,755 424,847,9

Cash in Of? fice and Bank.

$45,458,832 46,682,251 45,635,452 52,777,581 63,987,245 66,652,522 69,432,527 79,929,364 88,718,071 97,317,607 99,826,120 83,026,967 65,524,142 59,365,223 60,955,886 60,611,430 254,541,361 402,050,091 368,698,338 60,611,430

Gross Earnings.

$4,276,154 5,680,"" 5,497,550 6,186,109 6,775,058 7,659,476 8,718,241 9,684,394 11,426,419 13,145,516 13,963,599 13,672,505 16,530,379 19,282,654 23,085,574 23,415,522 28,415,530 50,634,046 86,534,711 23,415,522

3*

3.88 5.04 4.52 4.36 4.18 4.34 4.25 4.05 4.35 4.43 4.39 4.25 4.77 4.86 4.99 4.82 4.38 4.29 4.71 4.82

4.99 4.99 4.90 4.86 4.87 4.80 4.70 4.63 4.59 4.61 4.60 4.57 4.63 4.73 4.74 4.74 4.92 4.66 4.66 4.74

* Compiled from the annual issues of the Brown Book of Life Insurance Economics, Boston, Mass., 1894-1909.




TABLE XXVIII. COMPARATIVE NON-PARTICIPATING PREMIUM RATES OF AMERICAN LIFE INSURANCE

COMPANIES, 1860, 1870, 1880, 1890, 1900, 1910?WHOLE LIFE PLAN *

AVERAGE PREMIUM RATES PER $1,000 INSURANCE.

1860.


Average Rate.

1870.

Num? ber of Corn-

Average Rate.

1880.


Aver-

1890.


Aver? age Rate.

1900.

Num? ber of Corn-

Aver? age Rate.

1910.


Average Rate.

20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60

$15, 15 16 16 17 17 18 18 19 19 20 20 21 22 22 23 24 25 25 26 27 28 29 30 31 32 34 35 36 38 40 42, 44,

$13.57 13.88 14.19 14.49 14.80 15.20 15.63 16.08 16.55 17.06 17.52 18.02 18.59 19.16 19.79 20.44 21.14 21.86 22.64 23.46 24.33 25.24 26.20 27.21 28.30 29.46 30.70 32.19 33.41 34.98 36.63 38.45 40.35 42.38 44.55 46.88 49.37 52.39 54.88 57.85 60.92

$15.64 16.04 16.46 16.91 17.37 17.87 18.38 18/94 19.51 20.15 20.81 21.51 22.23 23.03 23.85 24.76 25.71 26.72 27.79 28.94 30.16 31.46 32.86 34.34 35.94 37.65 39.46 41.38 43.45 45.68 48.10 50.72 53.54 56.54 59.75 63.18

$14.61 14.81 15.07 15.28 15.62 15.93 16.36 16.79 17.26 17.74 18.26 18.81 19.38 19.97 20.62 21.30 22.02 22.78 23.60 24.45 25.38 26.35 27.37 28.46 29.64 30.89 32.21 33.63 35.11 36.74 38.48 40.28 42.22 44.32 46.53 48.92 51.49 54.27 57.21 60.36 63.73

$14.38 14.72 15.08 15.45 15.85 16.27 16.72 17.17 17.66 18.17 18.70 19.27 19.87 20.50 21.17 21.88 22.62 23.41 24.25 25.14 26.09 27.09 28.17 29.31 30.53 31.83 33.20 34.66 36.22 37.86 39.62 41.48 43.46 45.57 47.81 50.20 52.74 55.45 58.34 61.42 64.71

50 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 76 75 75 75 75 75

$15.23 15.65 16.00 16.37 16.75 17.16 17.58 18.03 18.49 19.00 19.51 20.07 20.64 21.26 21.90 22.59 23.31 24.07 24.88 25.74 26.65 27.62 28.64 29.74 30.91 32.14 33.46 34.87 36.37 37.97 39.69 41.49 43.43 45.49 47.69 50.04 52.53 55.22 58.08 61.16 64.44

* The premium rates for 1860 and 1870 are compiled from the Reports of the New York Insurance De? partment of 1861 and 1869, respectively. The rates for 1880 and 1890 are compiled from the Spectator Year Books of 1881 and 1891, and the rates for 1900 and 1910 are from the Spectator Handy Guides for rthose years.




TABLE XXIX. COMPARATIVE PARTICIPATING PREMIUM RATES OF AMERICAN LIFE INSURANCE

COMPANIES, 1860, 1870, 1880, 1890, 1900, 1910?WHOLE LIFE PLAN *

AVERAGE PREMIUM RATES PER $1,000 INSURANCE.

Age.

1860.

Num. ber of Com? panies.

Average Rate.

1870.


Average Rate.

1880.

Num? ber of Corn-

Rate.

1890.

Num? ber of Corn-

Rate.

1900.


Aver? age Rate.

1910.


Average Rate.

20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59

$17.28! 17.77 18.31 18.79 19.31 19.89 20.49 21.07 21.70 22.34 22.92 23.62 24.32 25.04 25.82 26.73 27.50 28.41 29.50 30.44 31.42 32.52 33.65 34.84 36.13 37.46 38.91 40.55 42.25 44. 46.20 48.18 50.43 52.84 55.50 58.29 61.22 64.81 68.16 71.94 75.62

45

58

$17.32 17.74 18.19 18.62 19.09 19.62 20.16 20.71 21.30 21.91 22.53 23.19 23.89 24.61 25.38 26.22 26.90 27.98 28.99 29.98 31.07 32.19 33.39 34.66 36.00 37.42 38.95 40.59 42.18 44.31 46.30 48.42 50.66 53.12 55.72 58.52 61.50 64.67 67.84 71.58 75.31

$19.69 20.20 20.75 21.31 21.90 22.52 23.18 23.87 24.60 25.38 26.21 27.07 27.97 28.96 29.99 31.09 32.24 33.49 34.80 36.19 37.72 39.27 40.95 42.76 44.68 46.72 48.90 51.23 53.70 56.35 59.20 62.20 65.41 68.85 72.53 76.44

$17.57 18.03 18.48 18.91 19.41 19.93 20.44 20.99 21.57 22.17 22.79 23.46 24.16 24.91 25.69 26.53 27.40 28.36 29.32 30.37 31.47 32.63 33.89 35.22 36.61 38.14 39.73 41.44 43.26 45.20 47.25 49.44 51.79 54.27 56.92 59.76 62.80 66.02 69.46 73.15 77.09

49

$17,741 18.41 18.86 19.29 19.78 20.29 20.81 21.35 21.93 22.55 23.16 23.85 24.55 25.32 26.10 26. 27.81 28.76 29.76 30.82 31.92 33.10 34.36 35.72 37.12 38.66 40.25 41.98 43.81 45.74 47.80 49.99 52.34 54.83 57.49 60.28 63.25 66.47 69.88 73.54 77.45

93

$18.47 19.02 19.44 19.87 20.33 20.80 21.30 21.83 22.39 22.98 23.59 24.24 24.93 25.65 26.41 27.22 28.07 28.97 29.93 30.94 32.01 33.15 34.35 35.64 37.00 38.45 39.99 41.64 43.39 45.27 47.25 49.38 51.63 54.02 56.59 59.32 62.25 65.37 68.69 72.25 76.06

* The premium rates for 1860 and 1870 are compiled from the Reports of the New York Insurance Department of 1861 and 1869, respectively. The rates for 1880 and 1890 are complied from the Spec? tator Year Books of 1881 and 1891, and the rates for 1900 and 1910 are from the Spectator Handy Guides for those years.




TABLE XXX. PARTICIPATING AND NON-PARTICIPATING INSURANCE IN FORCE WITH COMPANIES

REPORTING TO THE NEW YORK INSURANCE DEPARTMENT, 1906-1910*

Year. Number of Companies. Per Cent, of Total.

Participating Insurance.

$10,260,356,574 10,006,233,572 10,081,957,087 10,340,235,301 10,691,658,661

79.9 78.0 76.8 74.4 72.9

Non-participating Insurance.

2,579,642,563 2,819,209,159 3,038,451,217 3,565,073,643 3.978,400,372

20.1 22.0 23.2 25.6 27.1

Total.

12,839,999,137 12,825,442,731 13,120,408,304 13,905,308,944 14,670,059,033

100.0 100.0 100.0 100.0 100.0

* No information of this nature was made public in the annual reports of the insurance departments of the several states previous to 1906.




TABLE XXXI. AMERICAN STOCK AND MUTUAL LIFE INSURANCE COMPANIES IN ACTIVE OPERATION

ON DECEMBER 31, 1910 *

Capital. Number of Companies. Total Capitalization.

Average per Company.

Under $50, OOO. $50,000- $99,999.. $100,000-$249,999.. $250,000 or over.... Total, stock companies.. Mutual companies. Total.

4 4

122 41 171 43 214

$130,909 270,860

17,042,719 26,001,789 $43,446,277

$32,727 67,715 139,694 634,190 $254,072

* Compiled from the Spectator Year Book, 1911.

TABLE XXXIa. DIVIDENDS PAID TO STOCKHOLDERS OF LIFE INSURANCE COMPANIES, 1910*

Capital. Number of Companies. Dividends.

Rate Per Cent, of Capitalization.

Companies Paying Dividends in 1910.

Under $50,000. $50,000- $99,999. $100,000-$249,999. $250,000 or over...,

Total.

$46,700 '5,293*174 18,502,567

$23,842,441

$2,954 " 332',423

1,687,651 $2,023,028

6.33 6.28 9.07 8.48

Companies Not Paying Dividends in 1910.

Under $50,000. $50,000- $99,999. $100,000-$249,999. $250,000 or over... Total.,

2 4 82 17

105

$84,209 270,860

11,749,545 7,499,222

$19,603,836

All Stock Companies in Active Operation in 1910.

Under $50,000. $50,000- $99,999. $100,000-$249,999. $250,000 or over...

Total.

$130,909 270,860

17,042,719 26,001,789 $43,446,277

$2,954 332,423

1,687,651 $2,023,028

2.26 1.95 6.49 4.66

?Compiled from Spectator Year Book, 1911.




TABLE XXXII. DIVIDENDS PAID TO STOCKHOLDERS OF AMERICAN LIFE INSURANCE COMPANIES

REPORTING TO THE NEW YORK INSURANCE DEPARTMENT, 1860-1910 *

Year. Number of Companies. Capital. Dividends.

Per cent, of Capitalization.

1860. 1861. 1862., 1863., 1864., 1865., 1866., 1867., 1868., 1869., 1870., 1871., 1872., 1873. 1874., 1875. 1876. 1877., 1878. 1879. 1880. 1881. 1882., 1883. 1884., 1885., 1886., 1887., 1888., 1889., 1890., 1891., 1892., 1893., 1894., 1895., 1896.. 1897.. 1899... 1900... 1901... 1902... 1903... 1904... 1905... 1906... 1907... 1908... 1909... 19101.

ll ll 13 17 22 25 32 35 45 57 58 55 46 45 35 31 26 22 22 19 18 17 17 17 17 17 17 17 17 17 18 17 17 17 18 19 20 20 20 20 22 20 19 22 22 23 23 19 18 18 16

$2,121,200 2,118,000 2,310,000 2,653,500 3,134,200 3,498,200 4,790,600 5,577,600 8,387,768 9,876,364 10,519,484 10,898,359 9,667,416 9,313,456 7,227,000 5,746,700 5,176,500 4,866,500 4,950,500 5,262,900 4,050,500 3,150,500 3,637,087 4,396,500 4,405;500 4,440,000 4,440,000 4,787,800 4,767,800 5,527,100 5,936,750 7,157,700 7,407,700 8,570,500 8,970,500 9,570,500 9,810,500 9,740,500 9,740,500 9,740,500 10,340,500 10,165,500 9,715,500 11,365,500 11,840,500 11,940,500 13,340,500 10,389,000 10,289,000 11,089,000 11,089,000

$62,333 69,513 85,867 129,371 141,182 277,700 218,526 340,361 640,248 617,505 578,152 632,534 528,008 452,976 376,619 364,062 334,410 356,785 249,350 287,272 339,355 250,624 276,400 315,197 349,591 374,981 339,451 403,362 354,836 372,385 413,127 571,783 602,783 768,563 735,063 741,313 793,053 739,554 829,151 745,063 980,563 736,313 744,335 766,057 792,307 798,501 830,096 741,585 756,480 843,980 ,220,480%

2.9 3.3 3.7 4.9 4.5 7.9 4.6 6.1 7.6 6.3 5.5 5.8 5.5 4.9 5.2 6.3 6.5 7.3 5.0 5.5 8.4 8.0 7.6 7.2 7.9 8.4 7.6 8.4 7.4 6.7 7.0 8.0 8.1 9.0 8.2 7.7 8.1 7.6 8.5 7.6 9.5 7.2 7.7 6.7 6.7 6.7 6.2 7.1 7.4 7.6 11.1

* Compiled from the Spectator Year Book, 1910, p. 287. Stock companies reporting to New York Insurance Department.

tFrom Spectator Year Book, 1911, p. 315. t The large increase in dividends to stockholders of life insurance companies during 1910 is accounted

for by the payment of a stock dividend on the part of a company which transacts a large life, accident and liability insurance business. The dividend paid by this company, allotted to its accident branch, was $750,000, but the amount can not be conveniently separated from the company's entire business. See p. 315 of Spectator Year Book for 1911.




TABLE XXXIIa. DIVIDENDS PAID IN 1910 TO STOCKHOLDERS OF LIFE INSURANCE COMPANIES.

Year of Commencing Business.

Number of Companies. Dividends.

Rate Per Cent, of Capitalization.

Companies Paying Dividends in 1910.

$7,811,031 1,492,410 400,000

2,300,000 9,050,000 425,000

2,364,000 $23,842,441

$458,770 97,563 30,000

295,000 857,215 46,000 238,480

$2,023,028

Companies Not Paying Dividends in 1910.

$18,917,780 586,056 100,000

$19,603,836

All Stock Companies in Active Operation in 1910.

$26,728,811 2,078,466 500,000

2,300,000 9,050,000 425,000

2,364,000 $43,446,277

$458,770 97,563 30,000 295,000 857,215 46,000

238,480 $2,023,028

1.72 4.69 6.00 12.83 9.47 10.83 10.09 4.66




TABLE XXXII6. DIVIDENDS PAID IN 1910 TO STOCKHOLDERS OF LIFE INSURANCE COMPANIES.

Rate Per Cent of Capitalization.

Number of Capitalization. Dividends.

Average Rate.

Average Capital.

Less than 1 per cent. 1 and under 2 " '' 2 ? ? 3 " ' 3 ? ,. 4 .? . 4 " " 5 "

9 " '* 10 " " 10 " " ll *' " 11 ? " 12 " " 12 " " 13 " " 13 per cent, and over.

Total.

Companies not paying divi-

Total.

1 1 3 5 10 5 7 10

105 171

$132,040 200,000 416,930

1,841,917 2,265,804 1,336,650 696,700

4,349,475 2,837,000 61240,'925 "625; 666 2,900,000

$23,842,441

19,603,836 $43,446,277

$764 3,000 11,211 70,094 97,558 75,956 42,954 305,497 226,960 624^034 '75i666 490,000

$2,023,028

$2,023,028

0.58 1.50 2.69 3.85 4.30 5.68 6.17 7.02 8.00 10.00 12.00 16.90 8.48

$132,040 200,000 138,977 368,383 226,580 267,330 99,529

434,948 354,625 624,093 208i333 966,667 $361,249

186,703 $254,072

TABLE XXXIII. BUSINESS OF AMERICAN LIFE INSURANCE COMPANIES IN FOREIGN COUNTRIES,

EXCLUSIVE OF BUSINESS IN CANADA, 1885-1910 *

Year. Number of Policies

in Force. Amount of Insurance in

Force. Premium Income.

1885.. 1886.. 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

54,449 64,114 78,395 95,149 105,235 122,310 140,449 160,106 174,661 191,513 200,277 209,331 219,392 233,775 260,559 289,250 315,222 351,371 397,555 432,979 462,365 456,050 443,436 437,088 432,367 480,559

$187,689,531 221,335,116 267,008,799 324,565,817 384,293,774 446,234,882 495,272,556 540,905,054 626,

650, 674! 721 781; 833, 916,

1,024, 1,087, 1,144, 1,109, 1,069, 1,043, 1,033, 1,029,

421,920 742,983 477,926 955,438 475,180 921,551 973,514 724,447 645,197 829,518 300,163 125,284 406,021 301,209 297,820 441,736 986,802

$8,040,835 9,488,036 11,398,853 13,871,478 16,499,686 19,102,348 21,547,485 22,545,353 25,084,833 26,084,978 26,982,007 26,689,927 27,311,826 28,726,818 30,650,385 32,960,383 35,739,590 39,793,073 43,979,523 47,049,940 49,195,838 47,490,204 46,363,671 44,185,438 43,409,872 44,048,201

* The above table represents the aggregate companies which have transacted such bi the year 1885 are for only three companies.

foreign business, exclusive of Canada, of the four American during the period specified, except that the statistics for




TABLE XXXIV. BUSINESS OF AMERICAN LIFE INSURANCE COMPANIES IN CANADA, 1885-1910*

Year. Number of Companies.

Number of Policies ,| in Force. Amount of Insur? ance in Force. Premium Income.

1885. 1886. 1887. 1888. 1889. 1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899. 1900. 1901. 1902. 1903. 1904. 1905. 1906. 1907. 1908. 1909. 1910.

12 12 12 13 14 14 14 14 14 14 14 14 14 14 14 14 14 15 15 16 16 16 16 15 16 16

30,762 37,734 42,231 46,731 52,723 54,883 57,956 60,570 63,879 93,949 87,338 93,594 98,135 112,032 132,747 152,799 224,119 251,657 281,188 306,541 329,959 349,315 376,998 399,509 496,801 593,152

$49,440,735 55,908,230 61,734,187 67,724,094 76,349,392 81,591,847 85,698,475 90,708,482 94,602,966 96,737,705 96,590,352 97,660,009 100,063,684 105,708,154 113,943,209 124,433,416 138,868,227 159,053,464 170,676,800 180,631,886 188,578,127 189,740,102 188,487,447 193,087,126 217,956,351 242,609,174

$1,723,012 1,988,634 2,285,954 2,466,298 2,785,403 3,060,652 3,128,297 3,251,598 3,403,230 3,394,914 3,452,205 3,389,605 3,443,074 3,676,490 3,957,304 4,261,181 4,709,298 5,614,083 5,922,297 6,536,710 6,632,658 6,687,539 6,612,207 7,069,494 7,476,859

* Industrial business of the Metropolitan and Prudential included, annual reports of the Insurance Department of Canada, 1885-1910.

The data are derived from the

TABLE XXXV. INSURANCE IN FORCE IN THE UNITED STATES WITH FOREIGN LIFE INSURANCE

COMPANIES, 1901-1910.

Year. Number of Companies.

Insurance in Force.

Number of Policies. Amount.

Premium Income.

1901. 1902. 1903. 1904. ,1905. 1906. 1907. 1908. ,1909. 1910.

13,307 16,327 19,318 21,415 24,631 27,207 29,474 31,582 32,905 35,052

$19,409,660 24,091,826 28,762,746 33,860,336 40,483,109 46,325,381 51,257,637 56,263,178 60,608,823 65,568,084

$657,813 857,680 973,865

1,146,937 1,423,279 1,563,576 1,645,649 1,776,218 1,914,345 1,977,594




TABLE XXXVI. FRATERNAL AND ASSESSMENT INSURANCE IN THE UNITED STATES, 1885-1910.

Year.

Fraternal Orders.

Number of

Orders. Number of Certificates in Force.

Amount of Insur? ance in Force.

Assessment Life Associations.

Number of Asso? ciations.

Number of Certificates in Force.

Amount of In? surance in Force.

1885. 1886. 1887.

1891.. 1892., 1893., 1894. 1895. 1896., 1897. 1898., 1899. 1900. 1901. 1902. 1903. 1904. 1905. 1906. 1907. 1908. 1909. 1910.

1885. 1886. 1887.

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1895.. 1S97.. 1898.. 1899.. 1900.. 1901., 1902., 1903., 1904., 1905., 1906., 1907. 1908. 1909. 1910.

62 67 80 101 77 126 128 279 204 255 207 489 580 509 575 570 590 543 547 645 497

1,329,391 1,461,686 1,672,866 1,946,656 1,551,086 2,440,943 2,689,897 3,031,307 3,075,633 3,783,125 3,965,573 4,518,955 4,947,370 5,644,619 6,054,296 6,118,938 6,890,564 7,282,416 7,887,365 7,909,626 8,558,093

$2,625 2,947, 3,324, 3,648, 2,957, 4,390; 4,571 4,924, 4,306, 5,739, 5,936, 5,656! 6,115 6,606 7,273! 8,lfi0; 8,136. 8,079, 8,438, 8,920. 9,562!

192,842 364,286 433,350 730,362 181,697 126,401 995,137 717,186 807,545 565,058 703,670 453,465 735,000 608,321 069,328 350,736 ,201,919 743,281 204,968 716,227 511,910

97 100 107 112 101 91 95 140 115 108 58 92 97 80 94 106 127 124 128 151 122

601,502 667,907 734,206 779,778 772,189 689,850 725,373 632,211 584,270 523,592 311,890 347,415 323,933 365,215 469,325 506,323 612,573 688,423 702,346 915,091 729,576

$1,172, 1,275, 1,414, 1,513, 1,525, 1,275, 1,322, 1,117, 791, 424, 341, 424, 414, 444: 480 527 582 687 692 720 765,

747,954 788,303 816,667 542,028 178,810 670,184 448,944 569,545 616,942 522,123 961,547 214,371 816,823 240,829 781,984 353,087 099,387 166,014 ,534,765 ,242,408 135,855

Stipulated Premium Companies. Total.


t t t t t t t t

nt tie 22 17 6 6 7 8 10 15 21 15

Number of Certificates in

Force.

t t t t t t t t

?105,700 $139,875 50,077 51,371 51,049 42,914 34,758 9,547 12,535 41,573 18,049 20,884

Amount of Insur? ance in Force.

Number of Or? ders, etc.

$$230, $278 69 74 49 42 39 17, 19, 29, 31, 23!

t t t t t t t t t

648,589 467,895 812,198 170,159 908,734 998,084 461,277 039,529 177,933 348,635 951,626 102,654

139 189 278 335 307 159 167 192 213 178 217 223 419 319 379 281 603 694 595 675 683 725 677 690 817 634

Number of Certificates in Force.

714,356 877,572

1,064,530 1,561,268 1,438,709 1,930,893 2,129,593 2,407,072 2,726,434 2,323,275 3,130,793 3,415,270 3,663,518 3,659,903 4,412,417 4,417,338 4,916,447 5,322,674 6,060,883 6,566,535 6,660,019 7,512,684 7,983,374 8,631,284 8,842,766 9,308,553

Amount of In? surance in Force.

$1,484, 1,894, 2,122 2,625, 2,778, 3,797, 4,223, 4,739, 5,162, 4,482, 5,685, 5,894, 6,042, 5,098, 6,394, 6,557, 6,150, 6,604, 7,100, 7,796, 8,717, 8,735 8,786 9,160; 9,672; 10,350,

224,883 640,645 436,085 088,088 274,098 940,796 152,589 250,017 272,390 360,507 796,585 444,081 286,731 424,487 735,770 133,112 480,034 721,982 757,884 849.39C 165,100 ,340,835 087,228 088,368 910,261 750,419

* Included in the total. t Included with Assessment Life Associations. X Includes Mutual Reserve Fund Life Association. Data for 1885-1889 are from Handbook of .

ment Insurance, 1890; 1890-1896, from Pocket Register of Life Associations; 1897-1910 from the Spec? tator Year Books.




TABLE XXXVII. TAXATION STATISTICS OF AMERICAN LIFE INSURANCE COMPANIES, 1860-1910.*

Year. Number of Com? panies.

Taxes Paid. Premium Income.

Taxes to Each $100 of Pre?

mium In? come.

Total Income. Taxes to Each $100 of Total Income.

1860. 1861. 1862.. 1863.. 1864.. 1865.. 1866.. 1867..

1870. 1871. 1872. 1873. 1874. 1875. 1876. 1877. 1878. 1879. 1880.. 1881. 1882. 1883. 1884. 1885. 1886.. 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

12 14 14 22 27 29 40 44 56 71 72 69 61 58 55 50 41 37 37 37 37 36 33 32 32 32 33 33 33 33 50 53 56 56 56 56 57 56

76

92 93 112 138 160 171 189

$36,084 46,462 49,892 97,465 183,845 212,344 285,428 463,836 411,982 916,818

1,008,639 1,243,723 1,284,098 1,204,463 1,227,093 1,073,632 1,109,456 1,301,638 1,041,745 1,396,632 1,504,703 1,630,072 1,401,987 1,317,404 1,390,228 1,566,780 1,617,514 1,664,994 1,832,769 2,062,133 2,249,148 2,535,139 2,760,717 3,060,664 3,438,118 3,741,223 4,133,184 4,378,595 5,122,883 6,482,169 7,313,054 7,454,561 8,304,230 8,967,225 9,652,737 9,646,650 10,911,678 11,105,363 12,352,292 12,126,470 18,082,560

$4,392,954 4,299,601 5,168,992 8,318,997 13,438,360 21,639,808 36,168,306 50,441,914 67,890,218 86,106,080 90,348,272 96,759,502 97,188,075 96,145,596 89,550,343 85,142,319 72,115,121 63,008,338 57,354,840 53,921,044 54,103,902 57,237,168 61,376,115 68,192,948 73,189,598 80,027,603 91,134,566 103,569,026 118,070,895 137,644,485 158,069,250 172,955,183 184,526,183 196,970,898 209,641,725 219,713,308 227,969,363 243,347,949 257,655,158 291,842,264 324,723,954 366,273,457 406,946,597 447,543,822 448,253,174 515,996,835 526,594,898 533,077,447 545,858,410 565,228,893 598,388,241

$0.82 1.08 .97

1.17 1.37 .98 .79 .92 .61

1.06 1.12 1.29 1.32 1.25 1.37 1.26 1.54 2.07 1.82 2.59 2.78 2.85 2.28 1.93 1.90 1.96 1.77 1.61 1.55 1.50 1.42 1.47 1.50 1.55 1.64 1.70 1.81 1.80 1.99 2.22 2.25 2.04 2.04 2.00 1.98 1.87 2.07 2.08 2.26 2.15 2.20

$5,583,522 5,602,956 6,716,404 10,465,392 16,451,418 24,906,291 40,713,805 56,547,735 77,462,309 98,581,176 105,092,966 113,556,385 117,938,401 118,573,782 115,926,245 110,636,073 96,714,414 86,529,095 81,056,371 78,559,289 78,369,485 81,781,592 86,533,380 93,703,772 98,480,667 107,381,525 119,597,697 134,106,073 151,200,425 173,222,755 196,938,069 213,444,589 227,619,526 241,727,505 261,959,111 271,928,709 283,726,855 304,945,675 325,452,134 365,368,062 400,603,257 457,965,754 504,527,705 553,639,900 599,081,882 642,058,530 667,185,592 678,656,595 703,930,149 748,027,892 781,011,249

$0.65 .83 .74 .93

1.12 .85 .70 .82 .53 .93 .96

1.10 1.09 1.02 1.06 .97

1.15 1.50 1.29 1.78 1.92 1.99 1.62 1.41 1.41 1.46 1.35 1.24 1.21 1.19 1.14 1.19 1.21 1.27 1.31 1.38 1.46 1.44 1.57 1.77 1.83 1.63 1.65 1.62 1.61 1.50 1.64 1.64 1.75 1.62 1.67

* Data for years previous to 1890 are from the reports of the New York Insurance Department; for 1890 and subsequent years they are from the Spectator Year Books.




TABLE XXXVIII. INSURANCE IN FORCE, DECEMBER 31, 1910, BY COMPANIES, ACCORDING TO THE

STATE OF DOMICILE.*

State. Companies. Policies. Insurance.

Alabama. Arkansas. California. Colorado. Connecticut. Delaware. District of Columbia. Florida. Georgia. Idaho. Illinois. Indiana. Iowa.

Kentucky. Louisiana. Maine. Maryland. Massachusetts. Michigan. Minnesota. Missouri. Montana. Nebraska. New Jersey. New Mexico? New York. North Carolina.. North Dakota.. Ohio. Oklahoma. Oregon. Pennsylvania... Rhode Island... South Carolina.. South Dakota... Texas. Utah. Vermont. Virginia. Washington... West Virginia.. Wisconsin.

Total.,

3 2 5 3 6 2 1 2 5 1 19 20 ll 3 4 1 1 5 7 4 3 1 7 1 6 5 1 ll 5 2 9 3 2 9 1 1 5 3 15 2 1 5

214

9,532 1,938

99,287 11,970

467,589 23,217 39,213 3,548 54,159

614 149,480 97,650 105,472 2,899 46,024 2,106 43,132 289,140

2,446,758 39,589 30,838 2,116

47,403 311

39,168 9,967,681

1,598 13,693,610

34,200 1,577

556,424 2,293 3,611

422,308 556

1,837 4,639 29,149 127,307 7,951 85,174 557,516 6,191 2,554

429,253 29,988,582

$18,066,861 3,383,617

133,229,254 24,673,302 954,087,684 11,192,467 4,689,265 6,888,103 64,816,613 1,525,086

217,520,624 186,212,266 144,984,648 5,120,777

33,688,636 4,228,969 61,345,358 42,674,062

1,300,291,169 59,492,834 46,853,508 , 3,200,652 87,395,962 1,144,500

71,369,591 2,435,898,978

4,409,465 7,511,225,442

42,507,395 3,121,774

376,079,936 4,541,932 7,771,037

1,015,729,447 1,762,796 3,297,168 10,148,507 19,526,903 89,336,087 12,222,411 167,261,226 103,948,812 15,760,872 5,900,234

1,085,734,812 $16,404,261,042

* Compiled from Spectator Year Book, 1911.




TABLE XXXIX. ORDINARY AND INDUSTRIAL INSURANCE IN FORCE BY STATES, DECEMBER 31, 1910.

State. Total

Population 1910.

Ordinary Insurance in

Force. Industrial

Insurance in Force.

Tdtal Insurance in

Force.

Insur- , ance in Force per Capita.

Alabama. Arizona. Arkansas. California. Colorado. Connecticut. Delaware. District of Columbia.. Florida. Georgia. Idaho. Illinois. Indiana. Iowa. Kansas. Kentucky. Louisiana. Maine. Maryland. Massachusetts. Michigan. Minnesota. Mississippi. Missouri. Montana. Nebraska. Nevada. New Hampshire. New Jersey. New Mexico. New York. North Carolina. North Dakota. Ohio. Oregon?. Pennsylvania. Rhode Island. South Carolina. South Dakota. Tennessee. Texas. Utah. Vermont. Virginia. Washington.. West Virginia. Wisconsin. Wyoming.

,138,093 204,354 ,574,449 ,377,549 799,024 ,114,756 202,322 331,069 752,619 ,609,121 325,594 ,638,591 ,700,876 ,224,771 ,690,949 ,289,905 ,656,388 742,371 ,295,346 366,416 ,810,173 ,075,708 797,114 293,335 376,053 192,214 81,875

430,572 537,167 327,301 113,614 206,287 577,056 767,121 672,765 665,111 542,610 515,400 583,888 184,789 896,542 373,351 355,956 061,612 141,990 221,119 333,860 145,965

$160,000,997 17,706,369 91,092,866 391,875,291 131,533,563 168,463,959 24,247,892 79,258,009 79,091,347 282,704,932

i,.'-":i_':iiv'i 321,111,088 221,095,910 146,186,246 223,247,521 149,288,555 97,241,628 177,268,672 635,619,342 304,015,961 240,918,006 116,706,215 423,090,516 54,149j 564 124,556,740 11,983,559 53,151,854

394,358,783 22,159,552 '.Ti. :^ *27 i-v:.'i:c.'-.. 55,203;241

691,213,034 76,010,451

1,241,865,748 85,064,017 114,622,829 63,579,694 171,632,371 262,708,661 42,606,638 57,606,582 180,205,741 126,583,116 94,853,455 224,237,069 16,871,048

1.

$8,953,990 2,927,661 40,040,942 8,216,272 84,541,832 17,225,939 33,152,206 24,019,716 103,774,012 95,803,745 16,620,410 19,962,756 63,297,260 29,971,837 16,509,020 95,915,434 257,300,837 47,802,235 16,825,506 122,423,104 1,765,045 7,452,286 14,359,926

278,891,717 705,260,714 9,079,925

197,072,487 3,611,500

465,104,712 52,623,684 15,116,654 37,495,347

976,536 4,334,810 7,044,595

39,269,190 8,802,412 14,561,149 35,588,883

$168,954,987 17,706,369 94,020,527 431,916,233 139,749,835 253,005,791 41,473,831 112,410,215 79,091,347

306,724,648 27,892,642

1,111,045,573 416,914,833 226,031,973 166,149,002 286,544,781 179,260,392 113,750,648 273,184,106 892,920,179 351,818,196 257,743,512 116,706,215 545,513,620 55,914,609 132,009,026 11,983,559 67,511,780

673,250,500 22,159,552

2,564,749,541 165,217,793 55,203,241 888,285,521 79,621,951

1,706,970,460 137,687,701 129,739,483 63,579,694 209,127,718 263,685,197 46,941,448 64,651,177 219,474,931 135,385,528 109,414,604 259,825,952 16,871,048

$79 87 60 182 175 227 205 340 105 118 86 197 154 102 98 125 108 153 211 265 125 124 65 166 149 111 146 157 265 68 281 75 96 186 118 223 254 86 109 96 68 126 182 106 119 90 111 116

* Compiled from Spectator Year Book, 1911, p. 366.




TABLE XL. PER CAPITA AMOUNTS OF ORDINARY AND INDUSTRIAL LIFE INSURANCE IN FORCE

IN THE UNITED STATES, 1860-1910.

Year. Population. Amount of Insurance in Force. Insurance per

Capita.

1860.. 1861.. 1862.. 1863.. 1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887..

1890.. 1891.. 1892.. 1893.. 1894.. 1895..

1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

,443,321 ,154,826 ,866,331 ,577,836 ,289,341 ,000,846 ,712,351 ,423,856 ,135,361 ,846,866 ,558,371 ,718,112 ,877,853 ,037,594 197,335 ,357,076 ,516,817 ,676,558 ,836,299 ,996,040 ,155,783 ,434,976 714,169 ,993,362 ,272,555 ,551,748 ,830,941 110,134 389,327 668,520 ,947,714 252,400 557,086 861,772 166,458 471,144 775,830 080,516 385,202 689,888 994,575 552,344 110,113 667,882 225,651 783,420 341,189 898,958 456,727 014,496 572,266

$171,889,000 172,469,000 193,161,000 281,042,000 415,488,000 609,926,000 908,361,000

1,219,816,000 1,605,434,000 1,928,449,000 2,125,079,000 2,206,535,000 2,220,480,000 2,190,329,000 2,097,098,000 2,018,145,000 1,823,238,072 1,634,941,655 1,556,994,888 1,517,722,867 1,602,375,175 1,681,093,495 1,787,198,002 1,961,039,858 2,095,810,106 2,301,268,868 2,564,127,787 2,855,109,589 3,200,772,369 3,657,669,525 4,048,846,781 4,446,417,570 4,897,738,088 5,292,422,225 5,568,288,089 5,738,440,693 5,943,068,818 6,326,125,387 6,825,042,953 7,774,484,478 8,562,080,722 9,593,816,849 10,508,482,385 11,571,249,157 12,547,937,441 13,364,009,759 13,706,810,284 14,064,415,202 14,518,952,277 15,480,721,211 16,404,261,042

$5.47 5.36 5.88 8.37 12.12 17.43 25.44 33.49 43.23 50.95 55.11 55.55 54.32 52.10 48.55 45.50 40.06 35.03 32.55 30.98 31.95 32.68 33.90 36.32 37.92 40.69 44.34 48.30 53.00 59.31 64.32 69.20 74.71 79.15 81.69 82.60 83.97 87.76 93.00 104.09 112.67 123.71 132.83 143.44 152.60 159.51 160.61 161.85 164.14 171.98 179.14




TABLE XLI. PER CAPITA AMOUNTS OF ORDINARY LIFE INSURANCE IN FORCE IN THE UNITED

STATES, 1860-1910*

Year. Population. Amount of Ordinary Insurance

in Force. Ordinary Insur? ance per Capita.

I860.. 1861.. 1862., 1863.. 1864.. 1865.. 1866.. 1867.. 1868.. 1869.. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881.. 1882.. 1883.. 1884.. 1885.. 1886.. 1887.. 1888.. 1889.. 1890.. 1891.. 1892.. 1893.. 1894.. 1895.. 1896.. 1897.. 1898.. 1899.. 1900.. 1901.. 1902.. 1903.. 1904.. 1905.. 1906.. 1907.. 1908.. 1909.. 1910..

443,321 154,826 866,331 577,836 289,341 000,846 712,351 423,856 135,361 846,866 558,371 718,112 877,853 037,594 197,335 357,076 516,817 676,558 836,299 996,040 155,783 434,976 714,169 993,362 272,555 551,748 830,941 110,134 389,327 668,520 947,714 252,400 557,086 861,772 166,458 471,144 775,830 080,516 385,202 689,888 994,575 552,344 110,113 667,882 225,651 783,420 341,189 898,958 456,727 014,496 572,266

$171, 172, 193, 281, 415, 609, 908,

1,219, 1,605, 1,928, 2,125, 2,206, 2,220; 2,190; 2,097; 2,018: 1,822 1,633, 1,554: l,51i; 1,581 1,647, 1,730, 1,873, 1,984, 2,155, 2,365, 2,599, 2,896, 3,291, 3,620, 3,964, 4,314, 4,629, 4,765, 4,917, 5,054, 5,329, 5,714, 6,481, 7,093, 7,952, 8,701, 9,593, 10,412, 11,054, 11,253, 11,486, 11,850, 12,513, 13,227,

889,000 469,000 161,000 042,000 488,000 926,000 361,000 816,000 434,000 449,000 079,000 535,000 480,000 329,000 098,000 145,000 ,795,000 911,000 967,000 959,000 841,706 591,755 633,320 246,208 694,854 330,627 696,617 576,117 099,365 828,258 057,439 491,593 204,343 774,861 220,494 694,131 800,906 980,648 964,251 154,483 152,380 989,395 587,912 008,148 078,338 255,524 194,077 518,261 032,581 125,180 218,168

$5.47 5.36 5.88 8.37 12.12 17.43 25.44 33.49 43.23 50.95 55.11 55.55 54.32 52.10 48.55 45.50 40.05 35.00 32.51 30.86 31.54 32.03 32.83 34.69 35.91 38.11 40.91 43.98 47.96 53.38 57.51 61.70 65.81 69.24 69.91 70.79 71.42 73.94 77.88 86.77 93.34 102.55 109.99 118.92 126.63 131.94 131.86 132.18 133.96 139.01 144.45

* Statistics for years previous to 1880 are the amounts in force according to New York Tr-miranee Depart? ment reports to which 5% has been added for business in force with companies not reporiiinj io 1 ho New York Department; for 1880 and subsequent years the amounts in force have been compiled from the Spectator Year Books and supplementary information.



760 American Statistical Association. 94]

TABLE XLII. PER CAPITA AMOUNTS OF INDUSTRIAL LIFE INSURANCE IN FORCE IN THE UNITED

STATES, 1876-1910.

Year. Population. Amount of Industrial Insurance

in Force. Industrial Insur? ance per Capita.

.876..

.877..

.878..

.879..

.880..

.883..

.884..

.885.. 886.. 887..

.891..

.892.,

.894.,

.895..

.899.. 900.. 901.. 902.. 903.. 904.. 905.. 906.. 907.. 908.. 909.. 910..

45,516,817 46,676,558 47,836,299 48,996,040 50,155,783 51,434,976 52,714,169 53,993,362 55,272,555 56,551,748 57,830,941 59,110,134 60,389,327 61,668,520 62,947,714 64,252,400 65,557,086 66,861,772 68,166,458 69,471,144 70,775,830 72,080,516 73,385,202 74,689,888 75,994,575 77,552,344 79,110,113 80,667,882 82,225,651 83,783,420 85,341,189 86,898,958 88,456,727 90,014,496 91,572,266

$443,072 1,030,655 2,027,888 5,763,867

20,533,469 33,501,740 56,564,682 87,793,650 111,115,252 145,938,241 198,431,170 255,533,472 304,673,004 365,841,267 428,789,342 481,925,977 583,533,745 662,647,364 803,067,595 820,746,562 888,267,912 996,144,739

1,110,078,702 1,293,329,995 1,468,928,342 1,640,827,454 1,806,894,473 1,978,241,009 2,135,859,103 2,309,754,235 2,453,616,207 2,577,896,941 2,668,919,696 2,967,596,031 8,177,047,874

$0.01 .02 .04 .12 .41 .65

1.07 1.63 2.01 2.58 3.43 4.32 5.05 5.93 6.81 7.50 8.90 9.91 11.78 11.81 12.55 13.82 15.13 17.32 19.33 21.16 22.84 24.52 25.98 27.57 28.75 29.67 30.17 32.97 84.69

TABLE XLIII. AGGREGATE RESULTS OF 179 AMERICAN LEGAL RESERVE LIFE INSURANCE COM?

PANIES SINCE ORGANIZATION (TO DECEMBER 31, 1910).*

Total.

Number of companies.,.. Number of policies in force. Amount of insurance in force. Policies issued since organization. Insurance issued since organization. Premium and annuity receipts since organization... Interest, rent, etc., since organization., Total receipts since organization. Death claims paid since organization._ Endowments and annuities paid since organization . Purchased policies since organization. Dividends to policyholders since organization. Total payments to policyholders since organization . Admitted assets. Surplus.

29, $16,346;

102, $47,588; 9,239 2,656; 11,895; 2,834; 643; 995, 956;

5,429; 3,865; 549,

179 ,884,088 ,169,430 164,626 ,901,004 032,015 343,813 375,828 803,693 ,019,076 194,030 715,345 732,144 399,658 694,108

* Compiled from the Spectator Year Book, 1911, pp. 632-637. This table requires to be used with great caution since it includes the Ordinary and Industrial business of active companies only, reporting all he items specified in the table.



Documents

Fifty Years of American Life Insurance Progress: [Tables]