Life Insurance Canada

REPORT OF THE SUPERINTENDENT. xxvii

At the present time there are ninety-eight (98) companies under the supervision of this office. The nature of the business transacted by them is as follows

Number of companies doing life insurance					40
do	do	do assessment plan			10
do	do	fire insurance			33
do	do	inland marine	insurance		7
do	do	ocean marine	do		2
do	do	accident	do	...........	9
do	do	guarantee	do	..........	4
do	do	steam boiler	do	.... ...	1
do	do	plate glass	do	..........	5
do	do	burglary guarantee do		..........	1
do	do	tornado	do	..........	1
do	do	sickness	do	....... ..	2

The deposits for the protection of policy-holders, held by the Honourable the Receiver General, in trust for these companies, at 3rd July, 1896, amounted to $24,344,826.13 in securities, as follows :

Canada Government securities	$ 3,754,479.05
Canada Provincial debentures	3,144,759.84
United States bonds	2,165, 000.00
Swedish Government bonds	58, 400.00
British Government securities. . . . securities	884,07 6.96
British Colonial securities	548,230.00
Bank deposit receipts	110,000.00
Montreal Harbour bonds	396,000.00
Municipal securities	11,539,906.94
Bank stocks	25,420.00
Loan companies' debentures	234,120.00
Canadian Pacific and Canada Central Ry. bonds	1,445,500.00
Indian and Ceylon stocks	38,993.33
Total	524,344,826.13

There was also deposited with Canadian trustees, in conformity with the Act, $6,475,697 making a total of S30,82C,523.13 for the protection of policy-holders, being an increase since last report of 82,799,786.40.

The distribution of the total sum of 530,820,523.13 held, as above mentioned, for the protection of policy-holders among the different classes, is as follows :

Fire and inland marine $ 6,07-1,455.42

Life 24 033,678.10

Accident, guarantee, plate glass, &c 712,389.61

8 30,820,523.13