New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-13
Nineteenth Ward. which. next
INSTANCE DEPARTMENT REPORT
FIGURES FROM SUPERINTENDENT PIERCE SHOW
ING AMOUNT or SINEss DONE by LIFE
And CASUALTY COMPANIES

Albany May l2-James F. Pierce Superlntenl-
elt OF the State Insurance Department. will to-
morrow night transmit 10 the Legislature his an
nuhl report FOR last year the business and con-
diton OF life and casualty insurance companies in
this State.
The report shows that the gross assets OF the
life Insurance companies doing business In this state
wcr" N56.33l.6,-. Increase OF S>41i.i1y as com
pared with the previous year. OF this amount New
York state companies have N@.S'id'2. an Increase
OF S1.s}157s companies o. o,her states. shsssoo-s
an Increase Of S,o.G3j S>D.
The Liabilities Of the several companies. except
Ing $3.50 so Of capital stock. NlG59l.i3s The
Increase during the year 81 2slloO The labli-
ties Of New-York state companies as reported are
,i9sais; companies of other states. Nb'"N'siS
The SURF las as regards policy hold'rs l.; NeN-fork
state companies So S9.3A. companies OF other
states 81. 81 10. aggregate. N39'mJti
The aggregate receipts OF New-lork state COM
ranl,s were sl6l 7lLs,J. an increase over ISIS or
Sl2Iss75s. other States companies S~"91l+, IN
crease &7sS ul making the gross receipts s2a6o2h-
g.; AMI the gross Increase over th" receipts OF the
ur.r ling year slegl4e,, The Ret excess - receipts
over disbursements Tor l>9i was NN,~,lH while ilr
1873 u was Nolls,,gi The total premium Ir'''r'S
for 1896 were tls2 ~ So 49, for lNl s"l vs. ~ ,,,
IN. ii. .hur-on.ufs of the year were ~, N'"'"'
Am Increase of 81 .S13o9 compared with the Pre-
,,,liug year. $N.33lh2 was > ~ TOR 'l"is. a.
10; for lapscd ana 79r"ndr'ri po' ,S' y i,i r."
n.NhruIS T." ~, % Tor COMMISSIONS Sl3sse.elS
"a 40 for miscellaneous purposes. rms 'lAHSlii'a
Ion shows that ,lihnti.t,, VAS rAid to p''l.N
holders. white the cost OF management, l"N'"''"s
Il,ll.n,ls to stockholders. was 81 N>boN
The policy record for iNtl nlusirlnl business no'
,urlulrl shows that the Sew York state com
unni.a ISSUED g,,S9 policei. insuring S@lMtb ana
irrminatrl 2nl Ml policies hs"llhf so.f ,"N',1
me ,nmunni,s Of other states Issued l3Lsa poi-
,,ns lnslrlur Sg8 a5 - ana terminated "tu5 pom
/ clos iusurinr N,2.iN>3l 'ompafei Win 'N''S II
nrur,rs that ia. companies Issued lib pollcles
i..s ms, ,,ar and decreased the amount OF insir-
written s66sSiCi' n,te MS .dS 80 cal 9
policies terminated IN lN' '"'" u" 1870 az" '''''-
33g more Insurance. 49, -.
me buauess done boy each company, as com
parrI with the preceding year, SHOWS me lntrrasr
t. the number OF policies was lG2ls, and o, insur-
ancr Sl;1.NuSo. 1890 ......,.. ,,,.,. ,,,,icos,
In mis- st,te had 1890, policies in force inslrng
*, o,c classified as follows Wh"i" life, lbs Ws
/ policies tnsurins $500 ~ '9. endowment f't5Zo
no.icies insurng 81 o45ll'N6; All Other including
Term and Irregular policies, ,ro'' policies lhSuih s
to,. ia ,a, Tho exhibit of the business IN New
York Tor the year ending DECEMBER 81. 1871, - AZ
fin,vs. PoIics in force. 2.e5i6. insurng sD72l2.
$50. issued during 1884, 4j,l26 policies. !nsuring
sl95 OK 5i3 premiums received. St20isN -, caims
Incurred 81 800 AZ s.; Gains PAID, Si2i-'-st o.
The business of the twenty casualty ana ileli,F
coun,nl,s shows the assets 10 be >93SAs2l laDill-
ties except capital ~9si9.O; caplai' S'S.!co' net
surnlus g. Ol6 81: receipts N2,ShNt; acknowledgements
en- tdo COS risks i'm force. $2.O02 $50. i3+
IN. securities deposit in the department Tor the
nrotecon OF policy hOllers aggregates 30 iSyoJ-
The total receipts OF the department during the
ve,r wore STAG. and the expenses were Slls.S,i.
The cooperative organizations received N.''oo3t'
,r,n members last year against H2 937 9o2 the pre-
c.Iinp wear The claims paid by them last year
aggregated SS92 6Gi. against &S,l9~+ the preced'
| ipts\ tD