Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-08-18
NORTHWESTERN
Mutual Liie-IHSgrance 20.
Brief Resume Of Its Progress.
INTERESTING READING
TO THOSE CONTEMPLATING lNSUSING.
RrcHNoND- ~. August 10 ~

RICHMOND. Va. August 70 lSq5
TO THE POLICY-HOLDERS OF TIKI
NONIHN ESrERN MUTUAL LIFE
INSURANCE COMPANY OF MIL
WAUKEE.
The annual meeting Of the company.
held on the lIth ulfimo. was the largest
IN i.s history. 1885 votes having ben
cast. Of which NOR than one tenth Rers
nom the city of New York alone
IN NlrW ~ tht general Improvement
which has taken place in financial circles
since the irst or N" year. brief resume
b. uulntcresfing
The total income Of the company during
the SIX months vas Wo3I1er 81. and the
disbursements were srl2 2e7 q. laav'nz an
Si0S4.Tys
June 80. ise5. the assets liabilities. and
surplus were.
Liabilities ESTIMATED .......... q. it5 - VI
Surplus, on per cent hlsls...sl5.s5 10 d,
An Increase In assets since January ist
OF fLt-i oso5i and In surplus OF 81 60 lis n.
on December 81. 1895. the entire amount
OF interest due ana unpal 0n Wortgsge
loans amounted % but $500 % or less
than . go per cent Of "a. interest 80
t,ftH.I5l that fen due m lS0 and 1885,
In the annual report - the company 10
was stated mat even this small amount
IL in no danger Of loss, however. as II a.
gagged" and in this connection % VIII bs
interesting 70 note the fact that on Juni
gth the amount ~ unpaid interest due
PRIOR 70 January g. 1875. had been reduced
the interest that foil due ln l'a3 arI 1896
The amount has also been stii further Re-
duced since June 'oth.
The rhenDmenllly low mortality which
for years has characterized the North
western shows no. signs OF an increase
during 1898. I'm iti The death rate o. the
Northwestern was only 0sy ~ fhF mean
amount OF insurance On force. while the
average OF AN companies reporting % ihe
Massachusetts Insurance Department was
III The death losses incurred by ths
half Of 1895. were only So iJs ~ more than
during the corresponding period of lSsi
Notwithstanding the older ages z the tn
sured and The largely Increased amount 0r
Insurance In force.
The interest receipts since January ist
have been 81 $3.50 %, and The death losses
paid S. isj.ei1. showing an excess Of IN
terest receipts over death losses for the
six months OF f39i s3t36. Including rent Re-
ceipts fil .H6.iN. the excess WIS tf6 - o.
Tho new business written by the COM
pany during the six months was SO 10
3lg or SiZ06ij I'm excess u the amount
written during the first half OF 1894 Tho
insurance ga force June -. lsaJ. amounted
- s5f2I.6s0 a gain since January ist -
S3G5D.ill This amount Is more than tho
total gain made during the yGir lsqf and
nearly equal 70 that made during is9l IS
will be seen by the following comparison:
lsB-Insgrance gained during
the entire year .................sl2 s0.3ii %
lSsi-Insurance gainsd during
the entire year ................ i5.5ils22 q
l&5-Insurance gained during
first six months ............... - 60. III -
quality" has always been the nrst con-
sheraton with the Northwestern in the
investment OF IFS funds as well az I'M the
selection OF It's risks. and 10 Is believed that
the wisdom OF this course Is manifest ia
the present condition o. its business.
For further Information IN regard 10
policy or agency contracts. address
JOHN =. CARY & SON.
Richmond Va,
General Agents for Virginia and y. c.
au li-Su2t