The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-14
INSURANCE IN HAWAII.

INSURANCE IN HAWAII.
From the report of G.. E. Smithies,
Deputy Insurance Commissioner, for
the biennial period ending December
81, 1906, the following statistics are
collated. 1t is really the years 1904 and
1905 that are covered, owing to the sys-
TEN of rendering reports by the agen-
tcies. The arrangement of data here
| is original and designed to give the In
formation in a manner showing the
volume of business at a glance.
| Premiums paid for all kinds of in
surance in the two years amounted to
81, 259, 1854. IS. Losses and claims paid by
the companies footed up $IS5, 1O6.O2 or
| lust about one-third of the amount OF
premiums.
Fire insurance written was $42.734.-
29627, premiums paid thereon S'42'"
7O9O7 and losses $124671.63.
| Marine insurance written was $780,
$50. s4O.C4 premiums $475.331.4l and
losses $3.50, 1882.
Life insurance new avs $3,609, 625.66,
premiums s147 69O.03, renewal premiums
1888, 351 rs and claims paid S3sS.262.9O.
Total of fire. marine and life insur'
ance written, $1O1.694. 1917, or an aver
age OF S0U.N4 t,ooV.So q ytoi.
Amounts of the remaining kinds of
insurance are not reported, but the
premiums and losses paid are as fol-
lows: Accident and neutrality-suspicious.
S24. 432 26. losses IS, 5000; Burglary-pre-
miums S2G, losses none; Liability-pre-
Imiums $9,325.J6. losses S2.S4S; Pate
lGlass-premiums s1,917.z9, losses none;
Surety-prem ums $24.51.I6. losses
SS11.57.
The number of companies doing
business in this Territory was lO5. OF
which 81 were fire, ~ marine, II lie,
6 accident and health, 1 burglary .
liability, plate glass and surety.
BY nat'onality the companies were 90
American, 80 British. Chinese, 10 Ger
man. 2 Japanese. 1 Swedish and 3 SWISS.
American companies lead in fire with
I27. life with 10. accident and health
with a. and plate glass ana surety
with all. German companies are out
of 10 in marine insurance.
The Deputy Commissioner points out
that the business of insurance for lsV1
exceea.d that Of 1904 in all classes OF
Insurance with the except on OF IRE
He attributes the falling of In lie IN
srrance to the Investigations by the
| Armstrong committee
GENERAL ITEMS.
When the steamer Sonoma, due on
the 23rd, passes on voyage from Sydney
and calling ports to san Francisco ho'
nolulu VIII see the last of the oceanic
steamship Co.'S Australian man ser
vice which incidentally has formed
large part of its steam communication
with the outside world. The service
by different lines has lasted more thah
a quarter of a century and It's cessa-
ton is a veritable setting back OF inc
hands on the clock of Hawails prog
! ress and prosperity.
| 1t is hardly likely, however that the
various countries interested VII allow
1.-The stoppage of this service 10 De per-
1manent. In the meantime there Is go
ing TO be some compensation Tor resent
Iapses of steamships. There Is pos
sibility of one of the late AustraIihi
liners being put on the san Francesca
route with the Alameda 10 make
semi-monthly local service. me
American Hawaiian Steamship 60.
going into the passenger business. A's
Iatelv purchased steamer missouri ar
rived at san Diego from New YORK on
Tuesday This company's new Heishl-
or columbian was launched at san
Francisco on Thursday It's steamer
Nevadan. plying between here and the
coast. is to be equipped with modern
fruit carrying devices.
The Chamber of Commerce mas pass
al resolution commencing the aims
and purposes of the Alaska-fukon-
Pacific exposition. ,..
warden wolfer of the Minnesota
state Prison. an institution that man.
ufactures several million pounds Oh