You are reading a page from 29th Annual Report of the Superintendent of Insurance of the State of New York (1888)
Part of the American Term Life Insurance History Project
Term Life Insurance
Previous 29th Annual Report of the Superintendent of Insurance of the State of New York (1888) Next

 

SUPERINTENDENT OF THE 1-VS1-RANCE DEPARTMENT.

The total receipts of the Department are $132,267.84. The total expenditures, $70,502.04.

REGISTERED LIFE POLICIJS.

The following table gives the particulars of the registered policies of the Metropolitan Life Insurance Company of New York, and the several numbers and amounts issued and in force, with the reserve and deposits to meet the same, on the 30th day of June, 1887. This company has ceased to register its policies:

 

 

 

 

 

 

 

 

Policies

Whole

 

A

Amount

m

 

 

NAME OF COMPANY.

isssued

from

amount of

incur-

No of

policies

of inecuinr-

Deposit.

Reserve.

 

begin-

ning.

anc©

in force.

anc

force.

 

 

Metropolitan    

1,401

$4,548,760

68

$220,583

$70,000

$62,648

PREMIUM RECEIPTS AND PAYMENTS.

The following shows the premium receipts of the companies now transacting business in New York State, and the payments made by them to policyholders, from the date of organization to December 31, 1887:

NEW YORK COMPANIES.

NAME.

Commenced

business.

Premiums

received.

Paid to

policyholders.

Brooklyn    

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

July,

1864

$8,467,027

$6,125,264

Equitable   

July,

1859

185,010,998

106,610,294

Germania    

July,

1860

31.114,076

19,963,291

Home

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

May,

1860

16,059,036

11,190,886

Ianhattan    

August,

1850

32,459,614

26,138,286

Metropolitan    

June,

1867

28,627,853

13,238,313

Mutual   

February,1843

318,506.108

257,753.789

New York

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

April,

1845

176,043,206

105,957,544

Provident Savings

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

August,

1875

2.642,914   1,586,824

United States    

March,

1850

19,147,521   13,264,141

Washington    

February, 1860

23.846,790

15,401,561

Totals    

$841,926,043

$577,230,193


Previous 29th Annual Report of the Superintendent of Insurance of the State of New York (1888) Next