REPORT OF THE $UPERI\'TE\"DEJT.   xw TRAVELERS.

Valuation as at .'lst December, 189.5.

Policies issued precious to .ilst Jlarch, 1878 :—Number of policies, 914 ; amount, $982,896 ; value, S440,699.77.

Policies issued subsequent to 31st March, 187 878 :—Numbof policies, 2,014: amount, 84,565,165 ; value, 8759,839.59 ; value of annuities, 83,265.26 ; total value, $763,103.85

Total number of policies, 2,928 ; total amount in force, 85,548,061 ; total value, 81,203,803.62.

ASSESSMENT LIFE INSURANCE, 1895.

The business of life insurance upon the assessment plan has been transacted by nine companies, of which six are Canadian and three American. Of the Canadian companies, one, the Colonial Mutual Life Association, although licensed in 1894, did not commence business until January 1st, 1895.

The total amount of policies taken during the year 1895 was 812,862,025, which is less by 8583,125 than the amount taken in 1894. The net amount in force at the end of the year was 87 1,380,365, which shows an increase of 83,666,895 over that of the previous year.

The amount of insurance terminated by death was 8647,700, and by surrender and lapse $8,464,080, giving for every 81,000 of current risk 88.74 terminated by death and 8114.16 by surrender and lapse.

The total terminations amount to 70.84 per cent of the amount of new policies. The amounts of terminations were distributed as follows :

The details of individual companies will be found on page cii.

The total amount paid by members for membership fees, annual dues, assessments, Sc., was 8945,997, and the amount paid for death claims was 8610,654.

Details of the assets and liabilities, income and expenditure will be found on pages ciii, civ and cv.

On the first of May, 1896, a license was issued to the Supreme Court of the Independent Order of Foresters, a society which previously carried on business as a benevolent society under the provisions of section 43 of the Insurance Act.

ACCIDENT AND GUARANTEE INSURANCE IN CANADA, 1895.

T e business of accident insurance was transacted by ten companies, viz. : 5 Canadian ( of which combined it with life insurance and 1 with plate glass insurance), 1 American (also combined with life), and 4 British, (2 of which combined it with guarantee business, and 1 with sickness insurance.)