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

 

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XV

REPORT OF THE SUPERINTENDENT.

Including the whole business of the mixed companies, as well outside as within the Dominion, it appears that the Canadian companies have received during the year 1805 a total cash income of $4,554,423.€3, which is made up as follows :-

The same in
1894

The same in   The same in

1893.   1892.

1895.

 

8

ets.

S

cts.

S

etc.

S

etc.

Premiums    

4,408,191

57

4,142,923

05

4,143,323

99

3,579,893

51

Interest and livideuds   

139,458

16

140,213

35

139,08C

23

117,770

41

Sundry    

(3,773

90

6,025

87

*205,621

62

83,291

41

Total   

4,554,423

63

4,289,162

27

1   4,488,025

84

3,780,955

33

In the same way the cash expenditure during 1895 has been $4,600,174.85, distributed into :-

The same in
1892.

8   cts.

2,454,821 80 1,440,994 51 128,372 23

4,024,188 54

Thus it appears that for every 8100 of income there has been spent $101, namely, for losses, $65.57 ; for general expenses, $31.87 ; and for dividends to stockholders, $3.56. Hence, also, for every $100 of premiums received there has been paid out 867.74 for losses, $32.93 for expenses, and $3.68 for div dends to stockholders.

The total cash income received by the Canadian companies during the twenty-one years from 1875 to 1895 inclusive, is $75,600,798.75. The respective amounts for the several years and the distribution thereof under proper headings, are shown in the sub-joined table :-

CA\_1DIAN COMPANIES-INCOME for the Years 1875 to 1895.

YE\R.

Interest

Premiums.   and

dividends.

Sundry.

Total.

 

 

8

cts.   8

cts.

 

cts.   ,

S

(its.

1875    

3,273,692

53   190,950

19

3,356

10

3,467,998

82

1876    

4,125,722

37   244,001

25

7,186

08

4,376,909

70

1877    

3,512,673

47   218,770

38

6,236

04

3.737,679

89

2,826,356

58   217,133

43

15,750

2)3

3,059,240

27

1878    

1879    

2,863,826

01   I   185,247

30

10,196

03

3,059,269

34

3,208,038

89   179,533

21)

19,016

66

3,407,488

84

1880    

1881   

3,131,925

97   169,392

14

30,702

06

3.332,020

17

1882,....   .   

3,007,132

65   153,878

46

27,3813

28

3,188,397

39

1883,....   .   

3,005,945

52   132,126

05

30,438

85

3,168,510

42

1884,

..............................

2,990,995

28   117,679

52

16,286

55

3,124, 961

35

1885

...............   .

3,089,381

09   107,151

57

113,044

77

3,212,577

43

1686'

..........................

3,090,851

40   113,394

35

25,8288

55

3,230,074

30

1887   '.

3,346,968

91   114,522

46

18,398

62

3,479.889

99

1886   

3,348,045

64   119,815

97

16,367

79

3,484,429

40

1889•

..............................

3,539,640

73   119,929

14

12,420

02