OFFICE OF THE SUPERINTENDENT OF INSURANCE,

OTTAWA, 27th June, 1S96. To the Honourable

GEORGE E. FOSTER,

Minister of Finance.

SIR,—I have the honour herewith to submit the statements in detail of Insurance Companies for the year 1895, together with such an abstract and analysis of them as appeared proper to exhibit the progress of the business and the condition of the companies.

FIRE AND I\LAND MARINE INSURANCE, 1895.

During the year 1895 the business of fire insurance in Canada was carried on by 35 companies ; of these 6 were Canadian, 21 British and 8 American. Inland marine insurance was also transacted by 4 of them (2 Canadian, 1 British and 1 American), and ocean marine by 2 of them (both Canadian). This list of companies does not differ from that of the previous year. Two of said companies, however, one British (the United Fire), and one Canadian (the Eastern), retired during the year 1895, the former on the 15th January and the latter on the 6th April. Two British companies (the British and Foreign Marine and the Reliance Marine) carried on the business of inland marine insurance exclusively.

FIRE PREMIUMS AND LOSSES IN CANADA IN 1895.

The cash received for premiums during the year in Canada has amounted to 86,943,382, being greater than that received in 1894 by 8232,013 and the amount paid for losses has been $4,993,750, which is greater than that paid in 1894 by $404,387. The ratio of losses paid to premiums received is shown in the following table :

FIRE Insurance in Canada in 1895.

Paid for Losses.

Canadian Companies   807,003

British   do    'I   3,402,337

American   do    784,410

   Total   4,993,750

Rate of

Received Losses Paid The same for   per cent   for 1894.
Premiums, of Premiums

I Received.

   70'11   72.35

   71'62   67'24

   75'28   69'24

68

   6,943,382 — 71'92   '38

1,151,126 4,750,290 1,041,966

4—B