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xxviii DEPARTMENT OF FINANCE—LV',S1RANCE BRANCH.
The total amount of premiums received for all forms of insurance was 818,938,821, of which 87,703,300 was received by Canadian companies, and $11,235,521 by British and American. The following summary shows the distribution of those premiums to the various classes :
PREMIUMS, 1895.
Fire S 6,943,382
Inland Marine 76.345
Ocean 151,660
Life 10,292,354
Life (assessment) 945,997
Accident 357,S09
Guarantee 76,379
Plate Glass 51,095
Steam Boiler 28.851
Burglary Guarantee 14,949
Total $18,938,821 Or, dividing them according to the nationalities of the companies :
PREMIU_MS, 1895.
RULES AND REGULATIONS REGARDING THE ACCEPTANCE OF SECUR-
ITIES OFFERED FOR DEPOSIT BY INSURANCE COM-
PANIES, &c., 3 c.
The following extracts from Orders in Council, Minutes of the Treasury Board, &c. (all of which have been previously published) are here collected for convenience of reference :
Municipal Securities.—" The Board recommended that municipal bonds, when accepted, may he taken at 90 per cent, and that Montreal Harbour bonds be placed on the same footing." (O.C., 1st April, 1876.)
Particulars od Securities offered for Deposit.--" All applications for the acceptance of bonds or debentures, whether as original deposits or in exchange for securities which the applicants desire to have released, must be accompanied by a statement giving full particulars of the securities offered for acceptance under the following headings, viz.:—
Canadian Companies.
British American
Companies. Companies.
S v
Fire . ................................
Inland Marine
Ocean
Life
Lifeiassessment)
Accident
Guarantee
Plate Glass
Steam Boiler
Burglary Guarantee
Total
1,151,126 4,750,290 1,041,966
43,320 26,589 6,436
151,660
5,702,783 1,137,366 3,452,205
399,873 046.124
143,110 100,681 114,018
31,047 38,928 6,404
36,581 14,514
28,851 I
14,949
7,703,300 6,053,854 5,151,667
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