viii   DEPARTMENT OF FINANCE—INSURANCE BRANCH.

BRITISH COMPANIES.

Increase.—Atlas, 81,079,647 : Caledonian, $364,490; Guardian, $188,385: Lancashire, 8535,970 ; London Assurance, 8110,965 : National of Ireland, 81,07 9,647 ; North British, $823,731 ; Northern, 81,205,952; Norwich Union, 83,911,188; Phenix of London, 8783,243; Royal, 82,371,311 Scottish Union and National, 81,102,463; Sun, 82,592,776 ; Union Assurance, 81,048,420. Total, 817,198,188.

Decrease.—Alliance, 8917,741; Commercial Union, 8405,303 ; Imperial, 8180,875 ; Liverpool and London and Globe, 846,661 ; London and Lancashire, 8641,853 ; Manchester, $1,676,912 ; United Fire, $11,801,034. Total, 815,670,379. Total increase, 81,527,809.

AMERICAN COMPANIES.

Increase.—Connecticut Fire, 81,300,000 ; Hartford, 81,779,205 ; Insurance Co. of North America, 8482,638; Phenix of Brooklyn, 82,136,087 ; Queen, $210,547. Total,, 85,908,477.

Decrease.—iEtna Fire, 857 6,012 ; Agricultural of Watertown, $258,400 ; Phenix of Hartford, 81,557,752. Total, 82,392,194. Total increase, 83,516,283.

PREMIUMS AND LOSSES COMPARED WITH RISKS.

The average rate of premium charged on each $1,000 of risks taken in 1895 is $12,347 as against 812,482, which was the corresponding rate in 1894. The individual rates for the different companies will be found in an annexed table, and will be seen to vary a good deal, as might naturally be expected, considering the varieties of the business done by the companies.

The losses incurred (approximate) during the year, compared with the amount of risk current (taking for this the mean of the amounts in force at the beginning and end. of the year), have been at the average rate of 85.75 per 81,000 current risk. The corresponding rates for 1882-3-4-5-6-7-8-9-90-1-2-3-4 were $5.68, $5.56, $5.37, $4.54,. $5.48, $5.70, 84,70, $4.19, 84.84, 85.33, 85, 61, 86.17, and 85.50 respectively.

The losses are, however, as usual, distributed very unevenly among the different companies, as appears from the following, computed on the above basis; where, for convenience of comparison, the corresponding rates for 1894 are appended within

parentheses :

London Mutual, 82.71 ($2.54) ; Agricultural of Watertown, 83.38 ($2.99) : North British, $1.45 (84.32) ; Phwnix of London, $4.70 ($5.03) ; Imperial, 84.76 (84.44) ; Liverpool and London and Globe, $4.85 (84.16) ; Caledonian, 85.15 (85.38); Royal, 85.15 (84.91) ; Norwich Union, 85.36 (86.21) ; Quebec, 85.62 (87.17) ; Guardian, 85.82 (86.09) ; Commercial Union, 85.85 (86.24) ; Hartford Fire, $6.09 ($6.46) ; Alliance, $6.14 (86.70); Mercantile Fire, 86.46 (86.76) ; Western, 86.48 (85.01) ; Atlas, $6.49 ($7.34) ; National of Ireland, $6.49 (87.34) Manchester, $6.53 ($6) ; .PEtna Fire, 86.53 (84.75) ; London Assurance, 86.59 (85.15) ; Queen of America, 86.77 (86.09) ; Lancashire, $6.81 ($5.11); Union Assurance, 86.86 (89.19) ; Phenix of Hartford, $6.93 (87.17) ; British America, $7.01 (86.33) ; Northern, $7.21 (84.94) ; Phenix of Brooklyn, $7.25 ($4.77); Insurance Co. of North America, 87.29 ($8.78); Scottish Union and National, 88.19 (85.62) ; London and Lancashire Fire, 88.24 (85.33) ; Connecticut Fire, $8.31 (*4.46); Sun Fire, 88.50 (89.24.)

The annexed table gives the gross amount of risks taken by the several companies during the year, and the premiums charged thereon, and also the distribution of losses, with the proportionate rate of premiums to risks, and the proportion of the amounts