, 1875-02-26
INSURANCE..
Renort of the New York State
superintendent.
TIN Business Of 1574..-An Exception.
ally.Prosperous Year.
4 Proposed Lan for Tho Prevention Of
Fires.


Lake Underwriters.
THE NEW YORK REPORT.
nuslarsa or 1874.
Tho report for 1874 Of a1r. o. " Chapman.
superintendent Of tho Insurance DopaEtfnons Oh
New York State, has just bscn issuet. Tho
nr,nejpsi points Of tho document ase subioIned.
1t Tho close Of tho ycar 1874 the Orc. fire.
snarno md masne insurance e9fani ten a2'9 9ns,f
ness r. his sato xc1o s.ssa .. Sa sbroaa M
foIesu co,nIaues. or itontnm notes Of sntuai COM
pans o 7,f1. SsHf tl' >; ,pp ,ht,s :"
s$s29s ss sf;p spa fs :ff:ss'ss
s1 asp e. pso:udsrs it, i
3l3sats4B in income, and ia reAks of slo ossooa7?
Tba waoo number Of co,npanir4 Repairing Ia,t Dccn
her WIS 2ao, bc!ng Thirteen uoo than reported Tor
Tie year VIA exceptionally tronperoas ono 70 In
suYanec tntcrests but espcc!ay waS shs true Of oso
companies thas hs! "eea niso enougl IL ptssedinR W
snee n tho selection Q! age1ts caution = to the
character Of risks, prudent rather Than rro's!nq H.
scononical atnlns.rst!ou trenlcmberios TINT ccrlan
hnd oi economy Ii t,o widest s1trsraEanee) e1pe-
:. sS: e. h1%s ess
T1 prGS H. e IT ng s Il ,Ss 81 Ut
ar1, ssn1y, Will s'aaa '1' 'ess u WIS ~ ''' 'D"A4A
wifi WSe there ,4s been hu@,seu. e;s. as.'9s ! 'hs
5tsr,'ctoi uns .n",,a attent1on: Ono nt Oshkos W
en oec,rrtI atnut lis niIo at Joly dsyolrinv
ssos a", s,s \ G.5 Ss Il n!o sa til and .4s s
Tine, % whle IN 0nrnrd IN so,e 100 of yalues II
1snnary s1so. at Coseland u Alst! 1t NiE.srott t
asa st non asars WORTH Of mersnause, lumber
aour'ns.nlils' ets: ,o7,
nf tho nj firn.Jnnffnh 11Suf1EEo
Z ii: souaiy dons 4tlnss as II Sf% SSs
Tri December. ls s,oqs ~ III, 70 sata ss
ssaol stoek eonp.iss It sther sase
nov fofk mMtuais IL <4o's'e'''' 1n0 o'N'' 'sS~ '4
tu1s fSiS 4ss ~ ,,,, tonn,ntcs o.cept,oe sc1,p
@ Ssx 2s;f s. sa' sssf s9
other Slate 1nuials "a " ~ y Wnoo e
of scrip ltabilitie' 81 ana Oh eap"a s'-
iS fhsi: Income for the year aggregate.
The sxeess q Income osnf m n.o
q = s5ss ss5s .sss ,s:s'!sa .,s ~. =, =. ~
the standing ana s yoat business o. ne pqfey
malno eonpah@s; oat ~ @ "a osr ~, ~
a. e.se.s ., St ,n1%,t;s. Sntv oSss sra ~ ts
turned ast r 59' yr ho "eas Yt.f
Ihcf Income w.s bsua s.s1s5 e:s
than r. q ~ bena eas han wss
Neto sa.'An, a'a.' IeM ~. tn.uT"rca ron
pa,a ~ ~.,. ~ .p.,r,s ar.r nInrndit,,rcs ri
fhsn receiTcd m tmmortn,ent iu this respect orcr
tho preceding yeas'a showing.
Are nrc.masne, md 1nartuo insurance coiapanas,
which tnado returns to this department. With tho net
sssrs nrnrIna clarca ratIos Of nat Asaets to flsts
IN sop:a and rao Of use,'tns ellarae to ssss wit.
tep 1t appears tht IA companies, possessed Of $l53
93o1jI Of net saeets the clcao Of tho yaar. weso
fos every $luO ius,ircd and that during tie year.
receipt Of x5s 81 tn gross prnm!uns, they
tar onk 10 cArry x78l4 Ill Of steks at IN average
ri, of $i.13 for every tl01 Insured. .-. ~
As to Tic disposition Of Income, f7s.etb.7l2.1s net
vere received III pYemlutns whiIe &J50i1U1 90 wore
raid fur losses. o02?3 for exrenpes and $1o-
659ltu.8s for dividends. Tho average ratio Of
rross expenditures 10 gross income Ia 757 losscs
laid 10 premiuns reeeSed 1861 Of errciaes 10 gross
ipco,ne, 25s0 Of dividends 10 eross tnco.ne, 11o7.
tbs amount Of surplus held by I'll tont.stock cont
urnies doing Ianesa in Til Slate $9t G5t, 49,
a. aganst { 332 fDJ17 lart ycar, vhilo so total in
paIFnent was $t74si. Al; as agnlnst 937s, ,Doa.30.