The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-08
INSURANCE HERE
Fob ONE YEAR
Increases in All Glasses but
Life---Receipts of
Department.

the biennial period ending December
81, 1906, has been issued in pamphlet
form During this period the business
of insurance in this Territory was
transacted by 1O3 companies, as fol-
lows:
Fire-(27 American, % British, Ger
man. Swedish) 81.
Marine-(2 American, British,
Chinese, 9 German, 1 japanese,
SWISS 10.
Life-(10 American, 1 British, Jap
anese) u.
Accident and Health-Q4 American,
2 British) s.
Burglary-Q American) 1.
Liability-Q American, British) 8.
Plate Glass-(2 American) 2.
Surety-(3 American) 8.
COMPANIES by nationality-50 Amer
lean, 80 British, 2 Chinese, 10 German,
Japanese, / Swedish, 3 Swiss-103
The following information is culled
from the report:
OF fire insurance, the amount writ
ten was S42, 734, 296.27, premiums re-
ceived $742, 70907, and losses paid $l24,-
81. SO.
OF marine insurance, the amount
written was $55. $50, $4,000, premiums re-
ceived $475, Al, and losses paid $780,
1882.
Of life insurance, the amount of new
business written was $3,609, 625.66, pre-
miums received $147, $1,000, renewal
premiums received $3.50, 351.28, and
death claims, ETC., paid 93,262.9O.
OF accident and health insurance,
premiums received were $24, 1925, and
losses paid $8,156.30.
Of burglary insurance, the amount
of premiums received were $500, with
no losses.
OF liability insurance, premiums re-
ceived were $932556, and losses paid
$234S.
Of plate glass insurance, premiums
received were $1917.29, with no losses.
OF surety insurance, premiums re-
ceived were $24,571.76, and losses paid
1911. 81.
The amount of fire insurance writ
ten in 1905 was $22, $50, while the
amount written in 1904 was 20,374, 49,
q, showing an increase in 1905 of ST.
9S4,S21.73.
The premiums received in 1905 were
1917, 1862, and in 1904 1854, 947.07, showing
an increase in 1905 of $12,814.93.
The losses paid in 1905 were 1854
and in 1904 SOC, 215.63 showing that the
losses in 1904 exceeded 1905 by $67,-
1853. So.
MARINE.
The amount of marine insurance
written in 1905 was $50, ,066, while
the amount written in 1904 was S2l,-
900, 774.04, showing an increase in 1900
of 81, 549, 291.96.
The premiums received in 1905 were
$26S,25 and the premiums of 1904 were
1907 ,076,41, showing an increase in 1905
of SCI, 1859.
The losses paid in 1905 were $53,4OS,
and in 1904 were $203, 047.62, showing
that the losses paid in 1904 exceeded
1905 by s149,639.62.
LIFE.
The total amount of new life insur-
ance business written in 1908 was ST.
683,035. with premiums of $69,232, in
1904, the new business written amount
ed to 1926, 590.66, and the premiums
on the same was $7S, 458.03, showing a
decrease in 1905 of s243, 1886 in new
business written and of $9,226.03 in pre-
miums.
The death claims, etc, paid in 1905
We're $243,610, as against $149, $3.50 in
1904. showing an increase in 1905 OF
1913, 957.10.
ACCIDENT AND HEALTH.
The total amount of accident and
health insurance premiums received in
1905 was S12,750, and in 1904 $11,6S2.26,
oh a in Ions of S1O67 IA
The losses paid in 1905 were $4,351
and in 1904 $3,S0530, showing an In
crease in 1905 of $54570.
OTHER ASSURANCES.
The amount of burglary insurance
premiums received in 1905 were $26,
with no losses No business of this
class in 1904.
The total premiums for liability in
surance received in 1905 We're 1862,
and in 1904 S., 663. Sc, showing an in
crease in 1905 OF $1,99S.44. In 1904 there
were no losses and in 1905 they amoun-
ted to S2,348.
In 1905 the amount of premiums re-
ceived for plate glass insurance was
$3.50, and for 1904 $1,028.29, showing a
decrease in. 1905 of $139.29. No losses
in 1904-5.
premiums received in 1905 was $16,-
49, and for 1904 S7,S39.76, showing an
increase in 1905 of $S,S92.24 There
were no losses in 1905, and in 1894 they
amounted to SS11.57.
From the above you Will note, Mr..
Smithies says. that the business OF
insurance for 1905 exceeded that of
1904 in all classes of insurance with
the exception of life insurance. The
falling off in life insurance was no
doubt due to the recent Investigations
made by the Armstrong Committee
into the conditions of certain Life In
suTance Companies.
The San Francisco earthquake and
fire of April IS. 1906, will long be re-
membered as one unparalleled in the
history of fire insurance.
While the enormity of this disas-
ter caused considerable anxiety as TO
the condition of companies affected
and operating within this Territory,
yet it served the purpose of testing
their stability and the Merchants As
sociation on two separate occasions
applied TO this department for infor
nation in this regard.