|
Northwestern Mutual
52,888
10,200.386
37,795.028
125.138.004
11.288,641
Old Republic Credit
-
141
274
777,170
-271
Paul Revere
-
29.005
192,305
5,213,766
134,524
Penn Mutual
18, 614
5.830,540
22.275,431
37,282,504
10,098,654
Phoenix Mutual
610,602
623.842
9.433,813
21,458,656
6,410,426
Presbyterian Ministers' Fund
2,556
173,612
326,879
1,466,837
544,826
Provident Life and Accident
-
2,775
284,759
4,092,158
790,478
Provident Mutual
168,483,
3,727,509
11,174.990
13,279,501^
4,473,842
Prudential
963,377?
9,750^
1,997,840
63,499.475
511,543,208f
87,035,5293
36,614,838
-
-
-
Security Mutual
-
137,937
684.172
6.785.888
5,208,280
453,388
State Mutual
277,652
229,145
532,061
20,755,780
2,820.152
Sun Life (U.S. Branch)
3,142,691
9,855,686
22,904,876
4,121,653
Travelers
7,382
8,838.041
22,068,142
58,970,057
2,534,341
Union Central
64,050
619.924
12,913,190
12,991,418
2,684,697
Union I^bor
1,528
3,164
63,651
620,788
120,594
Union Mutual
69,214
39,608
737,539
3,386.623
483,684
United Benefit
48,271
1,781
73,315
385,060
15,193,105
632,821
United Life and Accident
1,976
140.746
l,44l.o8l„
182,682
Washington National
.
64,552
222,531
5.123,316?
4,340,744-5
72,616
-
-
Zurich
-
-
1,673
2,086
1,340
($9,190,046?
( $73,750-^
$102,792,657,
$2,965^
$638,744,048?
$2,858,0863
$2,809,383,819?
$247,142,773-'
$300,370,956?
$1,222,009-*
1 Includes Accident Department
3 Industrial
Part II
(Accrual Basis) 1953
DISBURSEMENTS
Increase in Loading
on
& Cost of Col-
Commissions on
Expense of In-
le(
;tlon In Excess
Premiums and
vestigation &
General Taxes of
Loading on De-
Net
Annuity Con-
Settlement of
Insurance Licenses fei
rred & Uncollected
Capital
siderations
Policy Claims
Expenses &
Fees Premiums
Losses
All ether
$3, 17'*, 613
$13,133
$3,887,115
$1,354,935
$107,151
-
_$338,154^
11,104,672
207,400
12,659,626
4,951,374
253,533
$158,386
168,665,753,
9,838,467J
3,538,950
19,879
5,443,486
2,484,737
382,133
483,820
988,992
1,069
620,631
120,268
58,250
-
325,517t
?5^573t
332,512
_
413,629
57,302
547
-
1,238,310„
1,121„
564?
1,719
1,539,258„
619,363!
279,466„
94,590?
76,4752
-
476,585^
505,108^
1,649,387^
529
-
922,894-^
137.394^
2,138^)
2,491,004
32,166
2,111,127
595,592
106,177
-
16,249,995^
798,830
11,327
1,215,290
379,097
16,865
-
2,247,2781
8,901,832
113,649
9,395,323
2,195,798
106.953
-
79,363.3781
9,024,246
13,042
7,028,989
1,747,387
384,388
-
-
703,199
7,7'*6
947,476
311,209
28,525
-
8.512^
22,109,9381
939,049!
5,964,247
18,619
5,367,933
1,079,741
149,336
-
1,818,837
258
1,010,410
145,713
-
526
26,576,908
74,590
45,867,198
10,841,313
1,690,191
-
109,925,8201
3,388,032
10,811
4,253,092
1,781,673
108,781
-
-
80,606
50
232,006
34,147
-556
20,930
64,593^
332,264
577
502,082
77,894
4,487
-
2,296,455
4,471
2,704,624
988,189
61,887
-
6,057,
9,806,474
21,690
4,617,606
1,093,385
-241,084
-
6,769.3451
1,878,832
9,884
2,113,620
440,379
44,890
224,843
14,157,2221
2,697,818
17,939
4,203,742
1,428,330
93,911
57,546
621,9321
1,076,042
15,568
6,213,417„
697,019„
81,544
-
1,549,2501
25,670,357?
19,249,869-*
977,901?
43, 37**^
30,573,503?
15,341,071^
7,215,435?
2,541,682^
953,853?
100,776^)
-
35.299.769
11,071,267
88,185
8,172,932
4,949,589
103,720
-
21,069,5391
120,989
684
186,355
46,038
5,301
2,535
3,701,8341
10,438,906^
51,974^
11,125,554^
2,582,753,
263,143„
6,688,7451
55,722,163?
49,375,016^
367,873?
248,786^
90,835,482?
60,831,518^
18,360,773?
9,264,588^
3,198,24l2}
217,320^)
4,583,295
233,583,065
2,050,103
6,321
3,173,817
755,879
71,436
-
12,863,601!
727,790
353
777,180
122,614
34,410
-
10,684,160
7,137
8,514,202
6,064,132
211,218
-
76,46ol
7, 160, 040
7,209
17,134,347
2,959,755
206,344
1,788,282
1,060,279!
1,341,026
4,545
1,452,130
266,776
35,340
-
46,259
5,270,824
6,574
3,184,922
995,740
-108,450
-
85,833
13,086,295
14,680
8,404,005
2,566,335
353,278
-
-
18,612,154
105,551
54,621,929
8,084,632
928,058
4,225,647
20,563,071!
9,862,009!
411,332
312
377.409
121,779
9,518
24,018
593,442
29,510
711,795
137,831
3,478
136,740
2,302,208!
21,738,112
13,693
8,377,342
4,805,297
551,095
-
-
6,467,369
255
1,394,989
392,421
-819
-
689,078!
912,5'*9
1,512
1,009,598
373,248
17,754
-
15,242,629!
6,471,7'<t
29,016
11,318,171
4,533,628
327,853
568,246
-
3,473,891
17,127
5,445,258
1,124,469
207,387
-
-
616,674
140,019
4,830
-
-
1,409,952
59,987
1,466,499
355,183
37,730
-
40,077,565!
3,636,895p
66,542,943t
'+6,599,91'*^
9,621„
849,095,
283,341^
4,730,164.
113,194,582^
45,648,671^
8l3,395p
19,280,244,
7,234,394^
116,152,
5,225,437,)
-320,212^)
428,677
900,4541
79,568,690!
-
1,455,195
13,354
1,357,437
286,990
58,058
-
7.073.042!
3,819,931
15,610
4,774,400
949,687
113,424
112,661
5.449,990!
3,320,464
21,811
6,543,509
2,356,522
103,274
-
3,197
8,983,068
905,122
14,028,167
3,997,567
313,259
-
9,497,477
2,842,068
7,946
5,524,330
1,954,919
129,528
-
.
305,990
1,772
531,684
148,151
9,241
-
10,365,411!
1,149,944
3,502
1,027,211
324,023
30,794
15,757
5.347,64o!
4,822,951
4,324
2,798,166
906,741
112,272
13,724,0531
651,486^
2,196^
373,056^
91,518^
13,571,
.
122,487!
1,926,506?
3,522?
1,420,409?
362,608?
33,062f)
_
28,628,543!
3,205,4893
3:3883
1,622,729-^
391,6953
17,6943)
4,676
-
6,632
4,034
348
-
-
$401,615,365?
i 120, 079, 6753
$4,223,827?
$580, 6083
$548,150,8832$l31,6lO,263?
$124,366,8833 $19,569.7533
$17,189,958?)
$17.7163)
$12,832,438 $998,204,348
74
SUMMARY OF OPERATIONS
NAME OF COMPANY
Net Gain Prom
Operations
Before
Dividends
Dividends
To Life
Policyholders
Acacia Mutual
Aetna
Bankers Life
Bankers National
Bankers Security
Berkshire
Boston Mutual
Business Hen ' s
Columbian National
Connecticut General
"Connecticut Mutual
ontlnental American
:ontlnental Assurance
Iredlt Life
Jqultable of New York
Jqultable of Iowa
ixpressmen's Mutual
Farmers and Traders
Fidelity Mutual
Franklin Life
General American
Guardian
Home
John Hancock Mutual
Lincoln National
Loyal Protective
Mass^husetts Mutual
Meti^olltan
Minnesota Mutual
Monarch
Mutual Benefit
Mutual Life
Mutual Trust
National
New England Mutual
New York
North American Accident
North American Reassurance
Northwesters Mutual
Old Repubilc\credlt
Paul ReverS*-4
Penn Mutual
Phoenix Mutual
Presbyterian Ministers' Fund
Provident Life and Accident
Provident Mutua-J.
Prudential
Security MucGa'C-
State Mutual
Sun Life (U.S. Branch)
Travelers
Union Central
Union Labor
Union Mutual
United Benefit
United Life and Accident
Washington National
Zurich
$43
522
101
35
15
250
126
35,
56;
40
45:
40
609
l6l'
5,
196
1,860
28'
18'
175,
207
18'
68
183;
581
13,
8
348
13,
25
161
77
5,
54,
75
1.630
21
66
91
283
73
16
16
47:
4
54
,792,040
.995,963
,008,590
,307,536
,314,555
570,386
,411,667
,783,859
,497,086
,064,911
,280,742
,061,504
,720,000
,560,673
,478,321
,180,842
,617,774
,261,536
,243,512
,733,542
,808,309
,207,595
,589,947
,786,479
,222,747
,192,867
,512,723
,386,687
,422,570
,968,633
,912,531
,655,305
,309,643
,175,413
,509,888
,709,859
,227,146
,867,256
,503,425
,142,128
,825,456
,355,458
,106,059
,893,608
,449,314
,358,091
,656,957
,396,660
,808,691
,185,075
,502,370
,654,380
,977,952
,399,389
.925,574
,536,153
,413,840
61,789
$2,368,270
34,085,894
15,448,465
1,144,816
317,492
1,971,700
347,704
2,543,828
1,395.057
17,035,874
27,247,388
1.535,099
7,293,484
422,250
162,507,016
7,160,530
108,928
396,967
3,836,562
6,925,865
4,206,522
6,520,088
6,042,746
91.546,411
22.121.642
1.034,340
29,245,797
269,043,383
4,407,899
2,158,313
23,580,387
44,660,618
2,877,664
12,799,474
33,142,500
97,895.065
1,058,963
250,370
66,601,160
884,999
2,823,073
19,242,716
10,265,084
871,057
3.961.096
9.334,155
261,948,388
2,155.856
10,010,284
12,527,800
17,357,698
8,002,721
1,575,653
1,648,967
4,714,044
384,489
5,705,991
42,316
$948,726
6,946,052
9,870,732
669,876
1.217.039
389.831
58,480
137
4,854,449
17,375,298
954,856
3,706,146
104,795.465
4,510,010
122,194
2,272,822
2,510,900
1,471,144
4,406,693
3,509,684
55.636,274
3.493.168
92,841
19.393.201
196.616,325
2,467,640
440,631
17,066,018
27,934,048
1,878,656
10,454,622
21,264,592
75.784,870
179
48,794,453
13.750.318
5,862,565
853,100
7,899,554
185,026.348
1,016,843
6,175,129
9.838,131
1,858
4,546,331
961,449
1,170,560
209
43,924
$9,723,503,016
$1,386,742,918
5,054,371
1 Includes Ao. .<int Department
3 Industrial
Part II
(ACCRUAL BASIS) 1953
Increase in Amount
Net Gain From
Dividends to
Provisionally Held
Operations After
Accident and
for Deferred Dividend
Total
Dividends to
Health Policies
Policies
Dividends
Policyholders
$16'+, 491
677,554
33,294
183,455
5,431,491
138,014
18,212,461
5,472
15,000
642,833
5,987,392
361,861
108,823
341,246
97,884
-$26,123
-155
305
-270
-62
263
-206
775
95,000
-992
-8,665
1,109
$948,726
6,919,929
10,035,223
669,876
1,216,884
390,136
58,210
75
4,854,449
17,375,298
954,856
3,706,146
115,898,459
4,510,010
122,194
2,272,822
2,510,900
2,148,713
4,439,987
3,693,139
61,067,559
3,493,943
92,841
19,531,215
214,828,786
2,467,640
446,103
17,066,018
27,949,050
1,878,656
10,454,622
21,264,592
76,428,304
179
48,794,453
13,750,318
5,862,565
853,100
7,899,554
191,108,740
1,377,712
6,283,952
9,829,466
2,967
4,546,331
1,302,695
1,268,444
209
43,924
$1,419,544
27,165,965
5,413,242
474,940
317,492
754,816
-42,432
2,485,618
1,394,982
12,181,425
9,872,090
580,243
3,587,338
422,250
46,608,557
2,650.520
-13,266
396,967
1,563,740
4,414,965
2,057,809
2,080,101
2,349,607
30,478,852
18,627,699
941,499
9,71't,582
54,214,597
1,940,259
1,712,210
6,514,369
16,711,568
999,008
2,344,852
11,877,908
21,466,761
1,058,784
250,370
17,806,707
884,999
2,823,073
5,492,398
4,402,519
17,957
3,961,096
1,434,601
70,839,648
778,144
3.726,332
2,698.334
17.354.731
3.456.390
272,958
380,523
4,713,835
384,489
5,662,067
42,316
$43,504,002
$61,597
$932,619,970
$454,122,948
76
Net Gain
Net Gain
From Opera-
From Non-
Special
tions After
Net Un-
Admitted
Surplus
Unassigned
Dividends to
realized
Surplus
& Re-
Funds
Surplus
12/31/52
Policy-
Capital
Paid
lated
All Other
COMPANY
12/31/52
holders
Gains
In
Items
Gains
Totals
Acacia Mutual
$9,703,207
$1,419,544
$26,123
.
.
.
$11,148,874
Aetna
_
140,286,678
27,165,965
1.684,676
-
$17,488
$580,001
169,734,808
Bankers Life
$2,450,000
35, 455,969
5,413,242
-
-
.
-
43.319.211
Bankers National
500,000
1,215,266
474,940
16,103 $19,718
-
117
2,226,144
Bankers Security-
300,000
1,420,909
317,492
-
_
.
18
2,038,419
Berkshire
500,000
5,985,154
754,816
59,666
_
_
-
7.299,636
Boston Mutual
1,100,000
2,469,637
-42,432
47,054
-
-
53,006
3,627,265
Business Men's
.
5,013,752
2,485,618
-
-
-
6,000,000
13,499,370
Columbian Natl.
1,600,193
6,346,458
1,394,982
147,005
.
-
60,142
9.548.780
Conn. General
27,528,751
42,953,303
12,181,425
-
-
61.256
-
82.724.735
Conn. Mutual
17,373,636
48,790,211
9,872,090
-
-
-
-
76.035.937
Cont. American
1,025,000
4,477,335
580,243
.
-
-
141,711
6,224,289
Cont. Assurance
2,425,000
14,537,101
3,587,338
531,254
-
-
-
21,080,693
Credit Life
30,000
667,030
422,250
_
5.520
-26,792
1,098,008
Eqult. of N.Y.
13,315,000
376,593,214
46,608,557
-
-
3,772.082
440,288,853
Eqult. of Iowa
.
18,724,241
2,650,520
-
-
51.476
-16.239
21,409,998
Expressmen's Mutual 817,423
407,271
-13,266
-
-
4,610
1,216,038
Farmers & Traders
931,379
463,847
396,967
-
-
-
-
1,792,193
Fidelity Mutual
11,068,342
1,563,740
-
-
-
125.000
12,757,082
Franklin Life
.
11,031,250
4,414,965
40,193
.
1,566
3,000,000
18,487,974
Genl. American
-
6,707,043
2,057,809
1,097
-
-
-
8,765,949
Guardian
3,244,449
18,700,466
2,080,101
-
-
7.505
1.075,000
25,107,521
Home
2,400,000
12,662,895
2,349,607
-
.
641,101
18,053,603
J. Hancock Mutual
55,5'tO,000
256,165,437
30,478,852
-
-
117,678
-
342,301,967
Lincoln National
.
50,428,145
18,627,699
-
-
-
-
69,055,844
Loyal Protective
16,052
5,297,123
941,499
-
_
19,540
-
6,274,214
Mass. Mutual
_
91,333,163
557,944,554
9,714,582
194.531
_
-
3,000,000
104,242,276
Metropolitan
106,783,000
54,214,597
-
-
-
718,942,151
Minn. Mutual
_
8,724,344
1,940,259
105.616
-
9,740
-
10,779,959
Monarch
605,500
4,609,982
1,712,210
14, 143
_
-
218,586
7,160,421
Mutual Benefit
.
48,081,610
6,514.369
_
_
.
-
54,595,979
Mutual Life
11,026,000
184,179,709
16,711.568
-
-
-
-
211,917,277
Mutual Trust
.
11,625,300
999,008
9.231
-
2.590
-
12.636,129
National
1,864,062
26,865,221
2,344,852
_
-
31,074,135
New Eng. Mutual
19,000,000
75.513,201
11,377,908
_
_
30,170
11.358,342
117,779,621
New York
55,000,000
318,434,279
21,466,761
-
-
23.489,731
418,390,771
No. Am. Accident
300,000
2,534,370
1,058,784
-
-
8,092
-
3,901,246
No. Am. Reass.
1,000,000
6,276,720
250,370
-
-
-
34.023
7,561,113
No 'western Mutual
23,000,000
165,638,343
17,806,707
-
-
130,752
-
206,575.802
Old Republic Credit
1,850,403
884,999
311
-
1,326
-
2,737,039
Paul Revere
2,784,687
11,667,281
2,823,073
-
1,263
-
17.276.304
Fenn Mutual
-
71,495,169
5,492,398
-
-
70.361
-
77.057,928
Phoenix Mutual
2,520,800
35,189.328
4,402,519
-
-
11.607
.
42,124,254
Presbyterian
Ministers' Fund
.
5,423,448
17,957
_
.
210
4.531
71.474
5,446,146
Prov. Life & Aoc.
8,864,735
13.419.703
3,961,096
-
-
-
26,317,008
Prov. Mutual
45,041,070
_
1,434,601
.
-
-
616,034
47,091,705
Prudential
-
91.281,653
70,839,648
-
-
-
_
162.121,301
Security Mutual
32,947
3.694,945
778,144
-
-
-
-
4,506.036
State Mutual
6,255,000
19.078.339
3,726,332
-
-
-
77,156
29.136.827
Sun Llfe(U.S.Br.)
20,965,483
_
2,698,334
163,245
_
_
3,177,440^
27,004,502
Travelers
64,186,398
133,435,743
17,354,731
380,665
-
-
20.559.4lll
235,916,948
Union Central
8,000,000
21,598,134
3,456,390
_
_
14,702
-
33,069,226
Union Labor
1,914,000
1,507,142
272,958
39,066
-
-
-
3,733.166
Union Mutual
1,150,000
3,606,086
380,523
90,985
_
.
100.000
5,327,594
United Benefit
-
20,060,849
4,713,835
_
1.635
-
24,776,319
United Life & Ace
.
2,425,897
384,489
-
-
478
-
2,810,864
Washington Natl.
1,500,000
25,172,295
5,662,067
-
-
-
-1,500,000
30,834,362
Zurich
40,585
402,880
42,316
-
-
55
-
485,836
$512,931,150$3,050^4l,375 $454,122,948 $3,550,964 $19,718 $565,010 $76,616,485 $4,098,447,650
1 Includes Accident Department
77
SURPLUS ACCOUNT
Increase
in
Re-
serve on
Net Loss
Net Un-
Account
Prom Non-
Special
Dividends
realized
of
Changes
Adjnltted
Surplus 1
Jnassigned
to Stock-
Capital
in
Valua-
& Related
All Other
Funds
Surplus
12/31/53 1
holders
Losses
tion Basis
Items
Changes
12/31/53
Potals
$69,610
.
.
$11,079,264
$11,148,874
♦16,750,000
-
$1
,871.616
-
$5,157,096
-
145,956,096
169,734,808
$258,709
.
172.064
115,542
$3,650,000
39,122,896
43,319,211
110,543
.
207
750,000
1.365,394
2,226,144
245,000
3.963
-
33,773
14.123
335,275
1,406,285
2,038,419
â–
196,640
47,147
219.287
500,000
6,336,562
7,299,636
_
_
.
82.998
1,100,000
2,444,267
3,627,265
280,000
93.975
530,598
31,284
24,264
6,000,000
6,539,249
13,499,370
400,000
6,973
389,727
1,767,356
6,984,724
9,548,780
1.230,000
612,234
-
824,621
29,099,348
50,958,532
82,724,735
.
1,699,083
21,664
-
-
2,408,375
19.160,328
52,768,151
76,035,937
153,007
-
12,198
163,368
1,025,000
4,849,052
6,224,289
1,300,000
.
83.756
29,547
304,584
2,695.000
16,667,806
21,080,693
. 67.500
.
1,581
100.000
928,927
1,098,008
4,087,678
6
.329.213
5.855.791
7,613.208
15.070,000
401,332.963
440,288,853
100,000
237,130
531.151
246.263
-
20,295,454
21,409,998
-
1,164
-
100.523
843,588
270,763
1,216,038
33,000
9,200
10,650
3.757
16.464
1,253,811
465,311
1,792,193
.
118,848
551.319
41.349
225.940
-
11,819,626
12,757,082
4,075,781
.
207.061
-
142.632
-
14,062,500
18,487.974
.
106.507
146.350
844,206
-
7,668,886
8.765.949
.
269,296
76.717
-
20,667
1,750,229
22,990,612
25,107,521
-
210,756
165,494
7,478
1,274,935
2,616,000
13,778,940
18,053,603
.
1,208,291
863.939
.
2,540,862
59,655.000
278,033,875
342,301.967
1,500,000
1,876,366
3
.263.707
209,535
-
62,206,236
69.055.844
150,000
39.774
-
-
12
19,518
6,064,910
6.274,214
1
,046,126
41,405
2,585,598
4,000,000
96,569,147
104,242,276
.
2,288,643
-
549,964
2,668,445
110,683,000
602,752,099
718,942,151
.
-
279,162
-
532,941
-
9,967.856
10,779,959
200,000
.
17,127
.151.338
2,093
277.105
1,006,200
5.657,896
7,160,421
-
1,172,400
1
348,628
664,999
-
51,258,614
54,595,979
.
313,717
7
,703,242
1.981
2,553,589
10,221,000
191,123,748
211,917,277
-
.
.
113,224
-
12,522,905
12,636,129
.
332.468
.
22,628
532,110
1,764,255
28,422,674
31,074,135
.
3.166.430
1
.314.529
-
1,070.836
28,930,213
83.297.613
117,779,621
-
5.695.231
122,220
1,526,771
55,000,000
356,046,549
418,390,771
150,000
81.484
-
-
6,973
400,000
3,262,789
3,901,245
200,000
8.252
«
.
81,359
1,000,000
6,271,502
7,561,113
.
1,520,585
-
.
4,920,261
-
200,134,956
206,575.802
470,448
-
-
8,904
400,000
1,857.687
2.737,039
230,000
202,447
-
-
258,040
3,222,309
13,363.508
17,276.304
-
1,520,495
-
-
50,682
-
75.486,751
77,057,928
-
254,684
861.212
-
225,815
8,211,986
32,570,557
42,124,254
_
230,554
47,235
_
_
_
5,168,357
5,446,146
3,500,000
219,730
213,877
62,286
220,939
15,100,176
7,000,000
26,317,008
.
1,140,510
-
17,270
.
45,933.925
_
47,091,705
-
13.981,895
-
2,144,693
47,721.838
98,272,875
162,121,301
-
^^?ii
-
231.807
181.786
57,105
4,021,342
4,506,036
-
596.668
273,933
914,731
149,123
-
6,517.000
21,600,103
29,136,827
-
-
17.0B0
.
26,072,691
-
27,004,502
-
-
7
,022,037
380,048
9.775.559
62,247,393
156,491,911
235.916,948
-
-
1
.725.935
-
224,506
8,000,000
23,118,785
33,069,226
43,750
-
25,000
24,638
9,161
-
1,996.000
1,659,255
3,733,166
-
-
38,411
.
1.250,000
4,014,545
5,327,594
500,000
324,879
.
-
56,521
-
23.894,919
24,776,319
120,000
21,443
-
-
634,127
2,035,294
2,810,864
800,000
113.393
71.244
48,951
540,963
-
29.259,811
30,834,362
~
â–
"
"
576
31,516
453.744
485,836
♦32,609,029 $43,948,035 $37,479,734 $10,854,812 $99,531,618 $540,069,349 $3,333,955,073 $4,098,447,650
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