The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-03-11

aSN9SF skP56 FsIa
Ely: Commenced business in the United States
1S4S.) William S. Warren. manager in the
for st of
missioner. Deposit capital, $780, 600.
INCOME IN 1904.
Premiums other than perpetuals.. >. $6,974 16S 80
Premiums perpetual risks. ..... 9,154.11
From all other sources. 41s,2SSs1
Total income ............... s7,s15,71545
DISBURSEMENTS IN 1904.
Amount paid for losses. ......:.. $4,e2s 25s %
Returned to home office. ........ 49,, 2SS. 80
Commissions and brokerage. ..... 1882, S59. Sc
agents and employees ....... 800, $50. 81
Taxes, fees and rents. ........... 2S3,741. 13
Loss on sale or maturity of ledger
All other disbursements. ......... ss5,95S.7i
Total disbursements. ....... $3.50. s25. 21
Excess Of disbursements over in
come ............ lo,2O9.l6
ASSETS DEC. 81, 1904
Value of real estate owned. 81, s57, 249. 60
Mortgage loans .................. 3.31S, 400. 90
Bonds and stocks owned. ........ 1922, POI 20
Cash in office and in bank. 1876, 764. ~
Accrued interest and rents. As, 515. 81
Premiums in course of collection. 1915, 120. 90
All other admitted assets. ........ $50
Total admitted assets. -. $12, 1o7, 1898. 4a
T. Assets not admitted, $21.972.2s
LIABILITIES DEC. 81. 1904.
Unpaid losses and claims. S616,1ss p
Reinsurance reserve .............. $50, &c
Reclaimable on perpetual policies. 269,754 &c
Reserve and liabilities in special.
department ................ ,..' .09. III. rs
All other liabilities .............. 325, 1872 81
Deposit capital ........... zoe, OO0. 90
ital ...............:..... s7,2ss, SOC. A
Net surplus NEUTRALITY-SUSPICIOUS.. 4.S6S, S91 90
RISKS AND PREMIUMS, 1904 BUSINESS.
Fire risks written during the
year 81, Ole, 4O6, o51 90
Premiums received thereon. II, 066, or IS
Net amount in force at the end %
OF the year.. .Sl, O20. VI, U55UU
BUSINESS IN MINNESOTA IN 1904.
Fire risks written. $7,6S1,176.O O
Fire premiums received. ......... 139, s44 50
Fire losses paid. :.............. So, 900. 81
Fire losses incurred. ............. 67,718.37
Tornado risks written. ........... 3S5, 16O. OC
Tornado premiums received. $3.50. 1879. Is
| Tornado losses paid. 6,09S. AZ
| Tornado losses Incurred .......... 6,O9S.4t
Aggregate risks written ......... S,O66, OF
! Aggregate premiums received. 141 ,724.Ot
| Aggregate losses paid. ........... 75.69SS
I Aggregate. losses incurred. ........ 73,Sl6.S;
STATE OF MINNESOTA,
| Department of Insurance
! Whereas, the Liverpool & London & Globe In
surance company, corporation organized under
| the laws OF Great Britain, mas 1ully compiled
with the provisions of the laws of this state
relative to the admission and authorization of. in
surance companies of it's class.
Now, therefore, I, the undersigned, Insurance
| Commissioner do hereby empower and authorize
the said above-named company to. transact it:
appropriate business of fire and tornado insurance
| in the state of Minnesota, according to the laws
| thereof, until the thirty -frst day of Janu
| airy. A. D. 1906, unless said authority be re
4 yoked or otherwise legally terminated priol
4 thereto.
1 In testimony whereof have hereunto set m,
! hand and affixed my official seal at st. Pau
| this 31st day of January, A. D. 1906.
I THOMAS d. sOBRIEN,
| Insurance Commissioner.