The Waterbury Democrat., 1933-07-20

surance written in Connecticut in 1892, ordinary life insurance writ ten decreased 15.62 per cent and group life insurance written de- creased 32.49 per cent.
 Industrial life insurance written in Connecticut totaled $105,843.- |187, compared with $98,913,361 written in 1881. Industrial life in- surance in force in Connecticut, however, decreased from $470.675,- 3O8 to $435,930,903.
 Ordinary life insurance issued to Connecticut residents in 1882 amounted to $158,755,386. This was $29.379,527 less than the 1881 figure. The number of such pol- icies issued was 75,799, compared with 77,763 issued in 1881. The average policy issued in 1882 was for $2,094 compared with an aver age policy of $2.419 issued in 1881.
 New group life insurance writ- | ten decreased $11,925,510, the total of new business being $24,779,716. The Connecticut companies wrote more than half of the new group insurance issued in this state in |1932, the total being $14,646,442. The total of group insurance in force in Connecticut declined from $209,O34,377 to $1S9,548,1S9. The Connecticut companies at the end of 1882 had a total of $136,S04'65O in force in this state.
 One of the striking features of the report is the fact that while there was further large increase in policy loans in force in all com panies reporting to the Connecticut Insurance Department, the tn- crease was the smallest of the past three years. The total amount Of policy loans in force at the end Of 1882 in the A companies licensed to operate in Connecticut was $3,- which constituted 17.70 per cent of the toatl admit ted assets of the reporting com panies. Policy loans in force ln- creased in 1882 over the previous year by $345,155,675. while the in- crease in 1881 over 1880 was $469,- 318,50S and the increase in l9SO over 1929 was $350,455,974. The Connecticut companies reported an increase in policy loans in force at inc M end of 1882 of $39.967,172, compared with an increase of $4S,- Z0O,O(f lOT4 LnG PICSC0Al5 ySoA'
 An analysis of the investments of the A reporting companies shows that mortgage loans and bonds held by them at the end of 1892 constituted 34.S3 and 34.53 per cent, respectively, of their total assets. as compared with BIAS and 35.3O per cent as of December 31, 1881. The percentage of stocks to total assets decreased from 3.63 to 3.59 during 1882. while that of real estate increased from 2.54<to 3.62.
 The Connecticut companies also reported slight decreases in the percentages of mortgages and bonds owned to total assets. On December 31, 1892, mortgages and bonds were 22.42 and 39.93 per cent of the total asests. while on December 31. 1881, they were 24.92 and 41.41 per cent. The per- centage sof stocks owned by the Connecticut companies to total as- sets decreased from 5.19 at the end of 1881 to 5.05 at the end of 19S2 The percentage of real estate owned by the Connecticut com panies increased from 4.S7 to b.os per cent.
 mortality for all reporting com panies was 61.9 per cent in 19S2' compared wiht 62.8 per cent Tn 1931 and 61.6 per cent in 1880.
 Other highlights of the report follow:
 2O.63 per cent of all the ordinary life insurance written in Connect1- cuff in 1892. They wrote 10.S6 per cent of the total ordinary life in surance written by all companies reporting to the insurance depart. ment. They had 11.90 per cent or all ordinray life insurance in force as of December 31, 1892, and 26.46 her cent of the insurance In force in Connecticut on that date. They had 35.60 per cent of the group insurance in force in companies reporting here at the end of 19S2' as well as 72.17, per cent of the group business in force in Con necticut on that date. The Con- necticut companies. the Travellers Insurance company, the Aetna Life Insurance company, the Connects cut General Life Insurance com pany, the Connecticut Mutual Life insurance company and the Phoe- nix Mutual Life Insurance com pany--do not write industrial in- surance.
 The six leading companies in ordinary new business issued m Connecticut during -1s3S are as follows:
 Metropolitan life Insurance nornpany, $4s,014.4s0: the Pruden itiai Insurance Company of Amer ica, $2l,O9O, ,240; John Hancock Mutual Life Insurance company.