New-York tribune., 1884-02-26
INSURANCE BUSINESS IN THE STATE.

REPORT or SUPERINTENDENT MCCALL FOR THE
YEAR 1883.
[FRoM THE REGULAR CORRESPONDENT I've rRIBUSE.I
ALBANY, Feb. 25.--JOhn A. Mccall, jr, the
new superintendent Of the Insurance Department, pre-
sented to the Legislature tonight his annual report for
the year Iss3. Mr. Mccall reports that ut the close OF
the year Iss3 the lire, fire MARINE and marine i'll
surance companies doing business in this state
possessed OF O2i 40 OF admitted assets not in
cluding held abroad premium notes OF the m-
ulal companies, gain of Sl0,55l323 90 is compared
with the reported the preceding year. The liablii-
OF those companies, excepting scrip ana capital,
amounted S7l lJ3J,ls6 -, which is S7,95j,O26 4S
greater tnan then returned The Income Of the year
was S09 800 81 and the expenditures S9l,l67,-
9l3 o. an increase OF Ss7l ,6s3 - in income and
33Os3I 81 ia expenditures compared with the pre-
vous year. The whole number OF companies which re-
ported last year l75 being one more than reported
in 1s-2
The assets OF the fire and fre-marine insurance COM
panes in gross $l4269S,307 2s. Tue Joint stock
compauie of the state returned S5s9l6O97 6s stock
COMPANIES OF other States Ss2,5Os,l74 u; NewYOrk
mutuals SS3S, 243 "a; and other States mutuals,
Sl35I92 The liabilities of these companies except
ing scrip and capital, amount TO Sl7 s0O,s0s 90 New
York stock companies report Sl9,43l6SO -, and other
States stock companies, S27,s64,671 10; New-York
mutlals S2S3,AI6 6s; other States mutuais, S22l,-
O30 81. The whole amount Of scrip liabilities is
SOL GI5 and OF capital, S56465020 Tho excess Of in
come over expenditures is S3,669n2 81 Thirty-seveu
companies expended S725,2s5 s4 more than they TT
celyed.
The total assets OF the purely marine companies
amount to $2O74617l %, loss Of SlI6.76i 40 COM
pared with the previous year. The liabilities are
s62I2I24 81, decrease of S63.5i9 3D. The American
capital of foreign companies is Sl4s65,s72 ST. the
u,sets S3s 45l ,s67 Is; liabilities, Sl9s7639s A. and
srI lus beyond deposit .capa, ISl331o,i ,i69 "a Tho
American assets OF foreign marine companies arc
S26sl678 27; liabilities, S6l5,s54 63 There are l7S
conn anes pOssessed of Sls57S22O 30 OF net asseta
which are covering 80 957 400 OF risks an aVerags
of 81 81 OF net assets tor every SlOO insured.
The ratio Of fire losses incurred to hre risks written IN
the state by Joint stock companies for les2 was y; for
1883 "a The ratio OF losses 70 premiums received AZ
minms were Sl7 905lO 90; the fire losses paid
50 4s5633 SO Ie losses incurred, s9,7lo,3el 9e The
amount o risks written IN 1852 Was t~oe, e,aS99S9i N
The iont stock fire companies with assets over
Al 600 zoo are as follows: Agricultural Sl ,7l3, l02;
xnIerican SI17O233 Citizens, 81 l,04l ,os4; Cont
mental, Si,s67,942; Eagle, Sl,Ool to3si Germanta,
60 700 729, Glens Falls, Sl,32S,6l2i Greenwich,
SI2O9 5O6 Hanover S2,65s,2lO; Home, 8, ,lss,645;
Niagara ST s74 035; PhUnix S3 759 036 and Williams
burg City, Sll33.659. Other States fire and marine
Ftna, Hartford, $9.l926ii; American, Philadelphia.
SIsOi5l9; Connecticut, Hartford, Sl,s37,729;
Franklin Philadelphia, S3,lIs,7l3; Grard.
81 256 567; Hartford, Si,5ll.240; Insurance Company
of North America, Philadelphia. So,v939i2; Phunix.
Hartford, S4435.0i9; Providence Washington, u L.
81 OGO s7l Springfield Fire and Mariue, Massachusetts
S2.5s5O34; Uuion, Philadelphia, III ,39l,ll2