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Massachusetts. Dept. of Banking and Insurance.

Annual report of the Commissioner of Insurance for the year ending ... (Volume 1953-54)

. (page 102 of 112)



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Part II



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Name of Company







TABLE


H-1 SUMMARY OF








I N C


U E






Considerations




Ratio






for Supplemen-




of Net




Considerations


tary Contracts




Invest-




for Supplemen-


Without Life




ment


Premiums


tary Contracts


Contingencies


Net


Income


and Annuity


with Life Con-


and Dividend


Investme


It to Mean


Considerations


tingencies


Accumulations


Income


Assets



Acacia Mutual


$33


847


175


$1


194,684


$3 , 698 , 738


$9,930,135


3.58


Aetna


311


720


075


7


157,924


24,540,903


72,809,076


3.02


Bankers Life


72


511


589


4


393,222


10,273,840


23,927,333


3.54


Bankers National


7


679


478




51,076


739,031


1,519,495


3.27


Bankers Security


2


798


333




841


-


62,101


1.81


Berkshire


14


141


200




134,675


2,651,201


4,702,350


3.22


Boston Mutual


(3


486


5402




-


189,003)


1,379,214


2.89




(6


259


5423




-


-)






Business Men's


IS


254


141




307,783


990,533


4,039,464


3.36


Columbian National


10


076


477




210,002


1,133,610


3,453,849


3.31


Connecticut General


160


461


072


4


248,476


8,659,700


39,090,754


3.24


Connecticut Mutual


98


982


716


6


734,301


21,735,216


36,981,371


3.61


Continental American


9


347


575




423,508


1,037,824


2,791,397


3.47


Continental Assurance


70


386


230


2


234,982


4,299,941


9,833,212


3.33


Credit Life


4


918


206




-


-


82,561


1.95


Equitable of New York


755


289


631


14


530,577


74,109,815


224,097,571


3.15


Equitable of Iowa


42


621


347


3


959,471


7,873,948


17,140,261


3.40


Expressmen's Nfutual


1


263


485




-


52,586


485,205


2.93


Farmers and Traders


3


598


744




28,251


182,691


1,015,203


3.16


Farm Family Life




402


202




-


-


12,331


1.92


Federal Life and Casualty


1


171


264




-


1,000


209,019


3.05


Fidelity Mutual


26


074


418


1


643 , 997


3,845,248


9,086,979


3.26


Franklin Life


58


625


827




460,278


4,778,277


8,288,695


3.23


General American


23


953


794




61,724


2,111,892


6,820,401


3.38


Guardian


35


150


983


1


378,987


5,256,914


12,700,997


3.56


Home


32


093


545„


1


803,446


5,384,276


9,574,678


3.35


John Hancock Mutual


(377


970


169^


1


474,225


47,027,337)


122,736,303


3.13




(109


753


883^




-


-)






Lincoln National


132


357


312


3


856,782


9,213,179


35,258,558


3.67


Loyal Protective


1


402


141




5,315


101,529


570,487


3.15


Massachusetts Mutual


141


346


222


4


102,120


36,638,463


55,835,117


3.35


Metropolitan


(1,091


426


7262


8


665,3032
2,6153


96,148,6182)
3,011,4943)


392,991,290


3.18




( 433


806


0653








Minnesota Mutual


26


692


687




527,599


2,900,046


5,844,046


3.48


Monarch


6


770


735




19,608


518,048


1,375,693


2.95


Mutual Benefit


125


632


439


2


032,667


32,823,378


50,907,038


3.44


Mutual Life


152


402


262


5


331,420


24,483,290


75,117,342


3.25


Mutual Trust


15


010


847




424,551


2,222,854


4,430,742


3.01


National


58


968


339




690,883


10,558,884


18,685,457


3.43


New England Mutual


142


674


358


4


690 , 974


29,014,476


50,436,030


3.46


New York


416


739


297


15


351,448


94,841,159


173,604,420


3.14


North American Accident


3


032


976




28,897


83,201


1,015,771


3.68


North American Reassurance


7


449


253




50,114


-


982,735


2.36


Northwestern


272


949


027


21


294,742


38,332,554


101,705,113


3.31


Occidental


83


353


406


1


283,797


6,135,680


14,795,105


3.66


Old Republic Credit


12


621


330




-


-


170,591


1.50


Patriot Life


5


633


902




-


-


156,503


2.23


Paul Revere


10


126


609




37,996


266,862


3,298,748


3.69


Penn Mutual


99


460


689


8


787,281


25,231,382


49,139,369


3.40


Phoenix Mutual


55


617


592


1


664,264


14,033,864


20,847,260


3.25


Presbyterian Ministers ' Fund


4


080


058




191,361


757,824


2,028,856


3.56


Provident Life and Accident


16


273


806




44,111


2,354,104


2,922,070


3.28


Provident Life and Casualty




379


098




-


22,500


44,032


3.07


Provident Mutual


46


901


300


5


199,332


12,294,706


23,321,056


3.27


Prudential


(1,107


216


83 9^


1


759,668


89,477,287)


366,160,752


3.36




( 342


275


425^




-


-)






Security Mutual


13


698


432




235,246


939,953


2,621,877


3.24


State Mutual


50


372


484


1


073,002


9,412,614


16,072,905


3.32


Sun Life (U.S. Branch)


66


616


120


3


815,428


11,450,704


25,173,635


3.46


Travelers


214


883


823


11


441,366


21,320,919


60,487,851


3.17


Union Central


48


063


554




701,847


12,255,378


21,365,028


3.11


Union Labor


8


177


196




_


94,101


577,063


3.05


Union Mutual


10


442


873




65,825


1,028,662


2,311,749


3.21


United Benefit


34


246


779




283,225


431,789


6,577,855


3.30


United Life and Accident


3


933


748




26,258


823,984


984,766


3.29


United States Life


13


885


189^




15,393


505,711


2,168,637


3.48


Washington National


(13


718


4592




79,518


242,899)


5,966,665


3.34




(12


323


2033




-


-)






Zurich


82


057




-


-


27,243


2.23


Totals


($6,691,476


1802


$156


209,77l2


$817,534,1262)


$2,218,749,410


3.27




( 904


418


1183




2,6153


3,011,4943)







Includes Accident Departme

Ordinary.

Industrial.



Part II
OPERATIONS



(Accrual Basis) 1954



DISBURSEMENTS



All Other



$186,616,7871

12,142,6851

220, 849^

138, 221 J

1,122,7841

6,984

18,141,2131

2,076,1181

80,137,560l

6,800,001

49,325

26,074,4951

974,455!

133,138,1071

616,769

91,1161

57

4,512,4791

385,353

353,320l

16,383,0261

1,070,0171

3,244,1081

55,811,0791

18,283,7171

4,717,8771

7,202,18ll

249,920,1221

2,794

15,114,3721

228,6741

6,236,0031

24,709

1,343,732

4,815,370

25,507,3991

11,161,0931

1,202,9331

1,179,227

57,942,3421

1,658,7731

322,6781



45,007,5431

611,9451

1,283,3441

105,577,1271

8,269,920
5,707,4351
981,2931
72 , 162
4,647,930
13,910,3371
5,886,0631
14,791,980l
207,1631
5,557,18ll
32,545,09ll

267I



Total Income

$48,670,732

602,844,765

123,248,669

10,209,929

2,999,496

22,752,210

11,321,283



41.



714



733,134
950,056
597,562
233,605
649,629
828,860
975,222
165,701
211,796
801,276
916,005
414,590
893,762
035,995
506,397
330,837
557,898
100,053
772,996



198,969,548

6,797,349

245,124,103

2,275,972,233

35,967,172

23,798,456

211,624,196

263,570,317

22,113,703

90,247,295

231,631,208

726,043,723

15,321,938

9,685,035

435,470,663

163,510,330

14,450,694

6,113,083

31,096,658

187,452,155

92,162,980

7,058,099

66,601,634

1,057,575

88,999,738

2,012,467,098

25,765,428

82,638,440

108,037,180

308,206,121

87,033,737

22,758,697

19,735,172

56,331,628

5,975,919

22,132,111

64,875,835



Death Benefits

$7,068,845

96,754,203

13,695,286

1,308,926

938,087

3,640,716

(407,4172

(590,7393

3,745,270

3,136,346

32,821,562

17,747,678

2,298,774

15,969,480

1,549,540

158,707,916

9,115,374

502,653

454,207

12,000

194,765

5,751,030

5,028,818

13,043,191

7,390,433

8,566,588

(65,919,409?

(21,045,3943

42,332,250

86,629

32,663,856

(285,644,4502

( 81,200,8463

5,805,318

650,517

36,611,948

60,458,810

2,439,644

11,195,181

28,575,239

109,560,393

535,604

3,156,384

70,713,492

22,024,032

4,220,116

(3,185,202^

( 5,8343

2,015,731

28,515,765

10,007,868

1,011,463

6,213,924

241,432

13,120,776

(207,162,2342

( 81,261,3293

3,096,958

12,988,594

17,811,203

103,243,324

21,552,286

4,557,255

2,628,679

6,041,943

1,275,532

3,512,568

(3,867,8042

(1,364,3033

41,475



$3,500,779

12,610,747

4,982,412

242,245

649,607
245, 215^
525,5073

1,201,719
924,658

6,779,128

8,667,771
663,803

3,331,047

15,267,325
3,157,447

455,551

6,500

3,160,322

1,188,253

582,916

1,752,742

2,010,118

8,738,9562

12,563,29l3

8,643,031

21,971

11,696,181

49,314,39l2

57,346,6453

1,175,402

197,940

11,395,546

11,491,428

1,095,054

3,094,820

12,058,994

29,971,217

276,633

93,695

18,693,634

2,647,485

3,659



319,103

8,086,025

8,181,563

743,894

393,312

10,561,917

66,170,0182

44,974,7843

827,526

2,233,833

9,673,315

18,557,760

3,796,013

45,041

348,754

617,102

610,798

422 , 740

601,6552

199,5403



$16,318

17,285,418

2,016,899

110,124

1,382,292



723,609

356,064

9,608,634

9,466,935

590,477

3,024,339



1,574,470
2,136,187

449,302
1,049,794

925,227
20,740,870

3,149,334

12,428

6,501,611

43,771,9332

13,2993

505,228

4,063,754

10,076,306

231,743

5,268,242

8,338,264

20,881,130

9,817

16,780

14,736,776

2,907,938



87,792

11,012,293

5,199,117

293,956

122,914



352,186

2,042,381

6,939,778

9,800,908

4,857,340

8,626

149,890

1,998,146

2,583

206,573

77,583



$131,669

8,646,441

981,327

26,001

76,745

2,8342

11,1533

87,116

101,172

2,146,978

1,032,415

109,799

530,818

15,423

10,320,939

440,438

16,384

181

379,682

122,007

73,204

664,436

295,920

2,234,2752

422,1053

944,814

2,859

1,925,338

14,353,8922

3,012,6523

210,176

18,146

226,052

5,212,018

86,568

310,776

672,309

15,026,424

10,521

52,115

848,717

315,148

91,448

126

24,740

1,504,628

849,647

15,036

178,087

10,500

585,742

16,124,69l2

2,862,60l3

65,296

306,186

604,629

10,897,944

664,421

12,304

8,807

87,531

26,263

36,061

17,930



$3,925,066

13,804,422

6,085,460

762,021

187

1,550,180

379,6872
1,447,5803
1,498,609
1,470,060
8,821,935
7,848,110
854,516
7,122,519

35,539,620

3,438,072

186,435

284,983

66,890

2 , 723 , 900

2,693,862

1,763,702

3,254,844

2,197,517

25,341,1362

20,749,4503

11,042,660

93,665

13,221,210

76,389,4382

71,487,4403

2,353,189

324,611

19,711,631

17,783,146

1,587,355

5,555,287

15,074,563

42,570,109

336,727

680,242

31,573,884

6,048,801

10,063

-2

72,8603

627,167

12,391,348

5,671,297

405,414

602,527

5,250,755

91,668,4232

76,117,1123

1,161,069

4,478,048

5,858,462

14,646,303

6,258,144

2,016,862

1,112,964

2,546,122

297,543

1,787,450

1,218,9302

953,8823



$1,224,227,562



$12,015,629,276 $1,644,534,4932
185,468,9453



$374,180,7112
115,609,7673



$376,702,2962
13,2993



$101,764,0942 $533,414,8352
6,308,5113 171,382,6313



TABLE M-1



P.D. 9
SUMMARY OF



DISBURSE



Name of Company



Interest on
Policy or



Payments on
Supplementary
Payments on Contracts Wlth-
Supplementary out Life Con-
Contracts tingencles and
With Life of Dividend



Contract Funds Contingencies Accumulations



Increase In
Aggregate
Reserve for
Policies and



Increase In
Reserve for
Supplementary
Contracts Without



Contracts In- Life Contingencies
volvlng Life and for Dividend
Contingencies Accumulations



Acacia Mutual
Aetna

Bankers Life
Bankers National
Bankers Security
Berkshire
Boston Mutual

Business Men's

Columbian National

Connecticut General

Connecticut Mutual

Continental American

Continental Assurance

Credit Life

Equitable of New York

Equitable of Iowa

Expressmen's Mutual

Farmers and Traders

Farm Family Life

Federal Life and Casualty

Fidelity Mutual

Franklin Life

General American

Guardian

Home

John Hancock Mutual

Lincoln National
Loyal Protective
Massachusetts Mutual
Metropolitan ,

Minnesota Mutual

Monarch

Mutual Benefit

Mutual Life

Mutual Trust

National

New England Mutual

New York

North American Accident

North American Reassurance

Northwestern

Occidental

Old Republic Credit

Patriot Life

Paul Revere

Penn Mutual

Phoenix

Presbyterian Ministers* Fund

Provident Life and ficcident

Provident Life and Casualty

Provident Mutual

Prudential

Security Mutual

State Mutual

Sun Life (U. S, Branch)

Travelers

Union Central

Union Labor

Union Mutual

United Benefit

United Life and Accident

United States Life

Washington National

Zurich



$11»4,501


$556,161


$2,639,721


$16,069,554


$1,726,455
6,726,788


69,377


7,065,444
2,968,860


24,325,735

6,308,746

509,673


152,929.607


157.050


38,020,157


6,234,913




''•°ll


3,001,902


370,024


_




180,791
5,880,688,
1,510,1772
1,359,7255


-


36,950


101,174


2,309,891


119|44o|


-


-


90,529


_


.




84,846


144,692


814,904


7,147.249


305,855


-


76,307

2,823,778
4,184,286


1,074,245


3,542,694
87,412,687
46,963,844


309,796


219,079


7,228,991
16,017,981


3,304,479
10,724,168


363,574


44,733


116,014


849,631


3,676,698


415,244


622,175


532.370


2,404,479


26,576,367


2,357,646




_


_


68,753


_


1.447,392
196,409


11,514,849
2,480,055


64,513,682


377,964,795
20.946.142


26,077,577
4,347,169


5,732,514


-


-


25,362


551,930


36,079


7,978


21,694


130,782


1,920.825


109,047




_


_


35.463
534,949


_


_


_


717


1,376


54,875


1,627,327


3,394,039


10,285,033


1,566,597
3,750,087


213,299


284,426


1,652,632


27,236,087


27,299
26,172


76,494


1,870,953


4,605,701


591,399


979,663


3,971,717
3,987,376


16,369.289


2,618,690


55,908,


1,095,933


12,629,068,


2,457,201


18,529^


635,639


28,075,892


208,791,331,
20,684,0525


26,594,777


11,2043


_


_


.


231,616


2,561,286


7,549,142


42,451,717
793,186


4,666,067


45


252


77,715
31,006,544


41 , 271
14,891.988,
39,156,7691
441,7565


500,247,


2,241,280,


63,600,823,


1,211,062,


7,380,549,


79,367,220f
2, 9'*!, 453-'


458,700,585!
126,685,7085


70,2255


3,407'
382,516


97.683


1,844.175


10.748,485


1,508.029


_


1,884


273,625
28,368,619


3,220,256


310,393


•44,776


959,693


43,335,812


13,123,428


214,189


6,838,494


28,453,202


39,586,606


3,161,716


50,662


190,703


1,530,856


7,352,311


1,224.219


355,175


313,224


7,926.347


25,591,671


5,129,708


809,095


2,388,735


22,153,791


67,915,142


12.707,409


272,534


12,077,551


79,497,984


149.617.997


37,211,220


5,801


26,274


59,570


1.312.175


34,315


3,578
111,665


23,152




769.150


-


11,613,477


37,824,338


128,572,163


11,710,605


10,247


636,795
41 4


3.362,064


30,949.679


3,449,765


_


_


1,426,458,


-


-


-


-


-36,0732
-56,126'
5.481,911


-


.


18.986


182,722


89,630


31,39t


6,604,713


23.083,416


41,473.716


8,244,404


645,234


727.271


10,500,560


21,429,461


6,599,571
620,360


2,508


193.801


357.032


1,749,066


65,575


3.030


297,502


4,700,230


2,074,668






10,021


22,225


J'*'71'


236.849,


3.995.728


11,101,708


13.350,289,
506.299.272,
58;819.187'


4,885,132


1.251.7702


1.868.747


68,429.504


39,888,861


3,671'
62;816


.


-


-


139.718


669,115


5,426.644


419,576


384,322


575.180


7.276.090


21.203.858


3,520,901


228,163


3.426,080


10,113.553


22,579.383
63.965.291


4.782.503


l'*,155


9,634,494


23.185.952
12,947,823


2,214.513


461622


693.196


14,039.331


3.017,564
18.622


2.104


3.289


82,308


-1,345.311


69.510


38,011


797,377


3,350.962


405.294


55.088


100,840


470,753


16,561,816


44,847


2,270


2,824


236,307
311.786
267.662


1.237.243
4,791,15''-


642,371
254,268


17,472


42,149


940


72,858


5,311,000?
4,583,570'


26.953


_




.


-


-


-


1.800


3,500


-1,761


$10,827,^132


$113,103,443=^


$677,568,379?


$2,904,411.1652


$327,738,331^
441,7565


85. 100?


3,407'


2,941,4535


212,076,1165



1 Includes Accident Department.

2 Ordinary.

3 Industrial.



Part II










69


OPERATIONS (Accrual


Basis) 195'*










M E N T S










Increase In Loading












on 5: Cost of Col-




Commissions on


Expense of In-






lection in Excess




Premiums and


vestigation &


General


Taxes


of Loading on De-




Annuity Con-


Settlement of


Insurance


Licenses


ferred and Uncol-




siderations


Policy Claims


Expenses


and Fees


lected Premiums


All Other


$3,128,57'*


$12,812


$4,504,865


$1,423,095


$60,081


$318,127,
185,900,4461


11,775,675
3,689,886


210,127


13, 57'*, 686


5,137,236
2,618,378


197.837


26.231


5,991,316


190.101


10,895,279}


1,096,907


1,885


681,693


140,636


-14,825


335.8181
762,108^
571.471-^


358,922


-


570,015


63,466


9.067


1,320.20U
469,9662


■♦,287,
'9652


1.652,6732
639,6782
950,l8l3


286,021,
84,4362


14;630)


1,616, 0423


1,6475


119,756'


578)


17.314,969!


2,512,425


36;662


2,421,690


658,017


33.729


777,056
9,1*69,393


2,787

115,687

24,125


1,296,715


385,260


12.725


2.033.576I


10,870,480


2,829,97'*


-19.666


90.771,5311


9,595,011


7,805,165


1,890,91*3


'17-529
1^,887




797,066


3,670


1,111,925


351,659


55,036^


6,59'*,l't5


26,896


6,068,571


1,146,963


-20,333


25,200,329,
1,048.6881


1.775,361

27,830,055

3,513,274

76,8^2


150


1,024,858


133,637
11,607,328




84,077


50,803,059


1.387.982


119,512,393!


''f^


4,754.050
240.490


1,880,839
1*0; 683


177.114
„ 162


116,056!


5'*0.351


2,633


553,302


93,717
9,806


8.593


86,749


5'*


179.434
286.123


32,530


-


128,124




33,006


38; 344


4,080,262!


2,413,128


4,692


2.891.817
4,969,606


884,047


2.235,


10,301,467
1,973,186
2,8iS,o88


25,063


1,012.674
437.489


874,077


2,027,905!
16,393,843!


7,991


2,275.278


127,402


19,701


4,160,538
6,100,042,


1,515.078


54,615


415,138|

2,935,868!

49,573,101!


1,124,698,


8,t58,


_. 690,9392
6,491,0752


11,452,


24,763,823?
19,893,1883
11,378,024


11§,9532
38,726'


29.389.784^
15,248,788'


497,6732
26,2443


2,468,2723
6,105.981


,-\


134,278


3,237,016


-210,848


24,277,536!
4,24^,359!
7,294,739^


129,634


744
38,^6


207.106
11.878,652


65.617
2,863,006,


2.549


11,679,148


650,318


59,2'*0,024,


422,0052


98,658,2222


19,71'*,91?2
9,539,254'


3.215,8712


251. 723.535!


49,366,0563


267,'*093
6,085


64.091,5'*o3


197,123'




2,310,932


3,164,662


937.578
142.562


109,169


14,849,386!


84«,402


477


975,896


81,883


11,228,992


5,35'*


8,868,947


6,288,852


-11,662


60,3531


7, 91*0, 409


56,278


18,454,039


3,131,065


225,287


1,710,830!


1,374,933
5,663,605


8,975


1,553, 31*1


269,9'*3


29,765


53,786


8.284


3,437,056


1,131,758


155,402
304,917


76,635


13,729,138


15.611


9.663,975


2.668.915




21,508.439


92.226


61,285,852


8,536,713


346,816


29,313,091!
10,675,139,!


'*28,931


186


'*03,846


127,7'*5


-2,826


752, 09t
22,668,33'*


-14,242


703,190


146.737


-8,327


2,722,411-^


22,551*


8,929,818


4,785,404


289,764


.


9,992,769


47,021


8,360,622


1.959. 472
1*74,489


127,491


58,350,629!


4,929,041


969


1,682,149


22,471


1.102,620!


-




364,380


16,694


7,216


144,9381


1,022,981


2,897


1,162,884


35'*. 725
4,828,31*8


35,383


16,138,849


6.710,939
3,677,711


13,281,795


242,971
125,085


_


l8|l40


5,965, '*43


1,214,872


-


-


-


616,186


147,030


5,225


_


1,622,140


62,110


1,602,014


381,349


49,846


43,821,0851


1,733


300


8,524


11,122


-1,393


850I060I


^3,892,7002


'+,969,


5,014,337,


875.857,


4,465;2462


69,406,050


9'*'*,48o2


125,878,8422


21.055.013^


97.195.722I


'*3,'*07,90l'


275,6633
24,896


'^7,277,552'


6,852,2603


327,369'




1,496,386


1,337,689


260,537


-29,935
145,379


7.885,338,1
4,739.728.!


3,795,519


12.135


5,121,980


989,835


3,'*68,265


1,036*454


6,806,802


2.553.520


77,740
182,758


33.431I


9,487,980


15,'*28,786


4,274.738


4.095.660


2,891,047


9,462


5,839,9'*'+


2,012.159


8,514


10,740


245,829


2,400


600,861


227.406


-85,541


13,678.277}
5.459,216!


1,017,135
5,'*17,048


â–  5,266


1,118,793


333.520


59,091


11,568


3,449,740


1.000.959


316,538


13,223,04ol


732,100


-1,343


419,746
2,094,138,


114.489


50,302


5,254;437!


1,431,896


9,756,
4,9912


377.654,


89,156,


1,965,8322
2,801,3463
3,463


1,593,523?


397.3272
434.5673


90,036|
13.698'


31,372.924!


l,9t8'


1,7'+1, 1*083




26


5,763


3.097



Using the text of ebook Annual report of the Commissioner of Insurance for the year ending ... (Volume 1953-54) by Massachusetts. Dept. of Banking and Insurance active link like:
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