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You are reading a page from Report of the Superintendent of Insurance for the Dominion of Canada (1895)
Part of the American Term Life Insurance History Project
Term Life Insurance

 

REPORT OF THE SUPERLYTEXDE_VT.
FIRE INSURANCE, 1895.

IN CANADA.   TN OTHER COUNTRIES.

COMPANY.

Amount of
Risks taken
during
the year.

Premiums received.

. J Amount of

Losses   Risks taken Premiums Losses

paid.   during   received.   paid.

the year.

w

s   8   c   5   8   8

British America   

34,975,337   276,294

172,857

62'56

87,163,113

986,961

572,373

57'99

Quebec    

9,899,094 j   90,259

53,727

59'53

5,775,750

70,816

31,863

44'99

Western    

49,808,405 1   418,863

272,888

6515

128,329,654

1,509,203

858,613

56'89

Totals   

94,682,836   785,416

499,472

63'59

221,268,517

2,566,980

1,462,849

56'99

The subjoined table gives the rate per cent of losses paid, as compared with premiums received, upon business done in Canada and other countries by Canadian companies, during the years 1878 to 1895 inclusive, a perusal of which will show that, taken over the whole period, the Canadian business has been more favourable to the companies than the business transacted in other countries:

IN CANADA.   IN OTHER COUNTRIES.

Losses paid.

Rate

per cent of
Losses

Premiums

Losses paid. compa ed Peceiveds
with Pre-
miums

I received.

Rate

per cent of Losses paid as compared with Premiums received.

YEAR.

s   1   s

1878    

1879    

1880    I

1881    

1882   I

1883    

1884    

1885    

1886    

1887    

1888    

1889   

1891)    

1891    

1892    

1893    

1894    

1895    

Totals    

s

591,495 532,090 459,653 428,795 543,126 606,557 550,188 !)83,5555 996,562

1,002,817 1,002,109 1,014.314 1,018,221; 1,102,237

629,708 621.135 626,768 785,416

8

241,545 287,729 219,954 304,488 334,000 436,800 376,969 518,633 655,534 661,682 655,191 581,164 604,846 780,8132 485,446 427,349 423.777 499,472

4084 5212 47'85 7101 6150 7201 6852 5273 65 78 65 98 6538 5779 5940 7084 7709 68 80 6761 6359

1,251,923 1,309,902 1,377,310 1, 439, 085 1,413,989 1,483,941 1,401,051 1,485,078 1,499,840 1, 496, 712 1,453,410 1,527,909 1,584,879 1, 662, 538 1,907,652 2,356,413 2,303.219 2,566,980

737,430

58.90

923,242

70'48

885,293

64'28

1, 085, 846

75'-15

1,137,399

80'44

1,136,380

76'58

1,122,882

80'15

1,051,090

70'78

1,049,575

69'98

1, 037,123

69'29

1,008,509

69.39

1,012,624

66'28

910,511

57'45

1,165, 583

70'11

1,191.545

62'46

1, 560,592

66'23

1,442,596

62'63

1,462,849

56'99

19,921,069

67'48

13, 514, 751   8,500,441

62'90   29,521,831


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Part of the American Term Life Insurance History Project
Term Life Insurance
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