INFORMATIOX REI.ATIXG TO INSURANXP: AXD THRIFT 



'^1 



Company 



Mercantile 



Michigan Commercial . . . 



Minerv-a 



Minneapolis Fire and Marine 



Moscow 



National, Hartford .... 



National Union 



North Western National . 



Norwich Union 



Old Colony 



Orient 



Palatine 



Phoenix, Hartford .... 



Phoenix, Assurance .... 



Providence-Washington . . 



Russia 



Royal 



Russian 



Salamandra 



Scottish Union and Na- 

 tional 



Second Russian 



Security 



South German 



Springfield Fire and Ma- 

 rine 



St. Paul Fire and Marine.. 



Swiss Reinsurance .... 



Westchester Fire 



Premiums 



11,882.09 



54-75 



19,998.84 

 226,750,49 



49,679.73 

 618,462.09 



83,270.47 

 409,899.93 



10,948.06 



135-59 

 216,621.00 



102,443.00 

 18,115.09 

 87-361.31 

 92,521.37 



148,575-87 

 30,307.02 

 31,049.84 

 49,717.86 



329-52 



18,079.22 



156,697.70 



2,168.00 



495,571-07 

 1,055,725-72 



83,2i5-.59 

 222,544.97 



IvOsses 



II-77I-43 



22,420.84 

 270,746.94 



36,063.07 

 431,232.71 



47,077-74 



363,535-44 



5.725-05 



257,848.00 

 158,787.00 

 13,169.87 

 89,072.13 

 94,519.98 

 167,883.60 

 25,210.54 

 22,539.44 

 41.107.59 



14,948.22 

 170,906.00 



476,046.07 



1,060,749.13 



88,674.67 



228,735.09 



$ 9,793,271-22 % 9,725,734. 



With aggregate premiums of only $9,793,271.22 as against aggregate 

 losses of 19,725,734.88, it goes without saying that the fifty companies in 

 this list, taken as a body, lost heavily on their hail business in 1916 ; for 

 commissions and management expenses, amounting on the average to well 

 over 40 per cent, of premiums, had to be provided in addition to the losses. 

 It is to be noted that of the fifty companies thirty showed some balance 

 of premiums over losses — generally a very slender one — and twenty an 

 absolute balance of losses over premiums. A careful comparison of losses 

 and premiums makes it appear however, when account is taken of expenses, 

 that virtually every company except the National of Hartford must 

 have suffered a net loss last year. It is therefore not wonderful that a 

 general raising of rates, as well as economy in administration and expenses, 

 is now considered imperative by the companies. 



