The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-02-16
INCREASE in BUSINESS.
A Three Year, Comparison hstween Nv
Leading Life Companiss

A Three Year, Comparison hstween Two
Leading Life Companies
Yesterday Tur INDEPENDENT Published
some nsures furnished, l presume. a. ad-
vsritsine matter By the representative OF
the New York Life Insurance. Go. ihese
nsurss made = e3mpsrison OF one years
business In this state between that company
and the Northwostern Mutual Lifelnsuranee
Co.. Of Milwaukee. In order that thsrs
NAV be better understanding BY the pub
lac a. 10 the real merits OF tAe two com
pany I request tho publication OF the foi'
lowing. showing che business done by saeh
Of these companies Ia this state du ing we
Rast three years:
Figures compiled fom reports in the
state auditors Office, enbracing the bus
iness Of she NorthwestsTn Mutual LIE and
the New York Life for the years 1891 W
and '93;
! Northwestern gain In lS9i-Numbsr Of
/ policies Pts; amount, 3793 l3l; 1892 gain
IN numbsr OF policies POS; amount Sooo.
/ sos; total amount gainea in le9l-92. fl.te3 =
/ 09t; nEmeeT OF policies gained In 1871 "
42l.
Loss in ls9s-Numb1r Of policies, 49,
amount S344 666.
/ Nst gaia In threo years-NumbeF OF poll
eies. 8is; amount SLl3L43s.
! New YO-k Life-Loss In ls9l-Number OF
J policies p; amount. Sl0i, 80. lo92-Gain
-Numbsr Of policies 50; amount, Sa5l.2iU
I 3-Gain-Numbero Of policies. IS; amount.
/ S22LOS0. Net gain In 1891, '92 '93-Nunber
I OF policies. 81; amount S5Oa 10.
From tho above hgurss 10 will be seen
that the Northwestern has IN the last thres
wears made a act gain over the New YORK
Life OF over four times 50 many polioy
holders. and over two and quarter shines
the amount OF insurance.
The Northwestern gained In Insurance. in
fierce in the IRited States in 1892 (nlthough
no business vas " itten in Missouri Ar
Kansas Louisiana. Mississippi. South Caro-
Ina. Florida, and G large portion Of North
Csrolina, Georgia, Alabama Texas and
soms sections of Illinois Kentucky. Ten
nesseo and Indiana) $50. SS7, 800. which is
over n million more than was gained by the
New York Life in the United ctatea and
Canada combined. although the New York
Life writes business IN oil sections OF she
country.
The liabilities OF the Northwestern In
1898 increased $5.94402l.26 and the same
company increased lie surplus sl.S9l, 072.26.
The Liabilities OF the New York Life dur
ina the same year show an increase OF
$l0,9S0. 800 while that company increased
Us surplus only $500. 6S2. 0o.
II will be seen that tas Northwestern only
increased lie Liabilities about oue-haf as
much as did the New York Life and a. the
same time the increase OF lite surplus was
nearly nine times greater than the increase
in that item BY the New York Life.
The Northwestern can show larger sur
plus paid on = g., 900 tsn.year tontine pol
10y than the New York Life raid on an Ok
aotly similar policy fer s. 600, both policies
taken by s. 5. Spencer. OF Lancaster, Pa,
and within three months Of each othe-.
We have hundreds OF companions on
exactly similar policies. where the divi-
deHds paid by the Northwestern are more
than double those paid by she New York
Life. W. Il. PHuLIps.
Gen. Agt. Northwestern Life co.