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Annual insurance report of the Insurance Superintendent, of the ..., Part 2 online

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year or less from date of policy, 161 S67,M; nneamed premiums, 60 per cent. . 26, U8 61

Oommissions, brokerace and other cnarffes due or to become dne to acents

or brokers on polloiei issued subsequent to Oct. 1, 1901 vii.:

Accident and health 1726 17

Salaries, rents, expenses, taxes, bills, accounts, fees, etc, due or accrued.... 126 00

Other liabilities, Tlx.: Commissions accrued 8,000 00

Total amount of all UablllUes, except capiUl 164,789 06

Stapital actually paid up in cash 8200,000 00
urplusoTerafillabUities 101622 10



Surplni aa reiruda policy holders. lOlia 10

Total liabUlties 8871111 14

BXHIBIT OF PBKMIUMS.



^



Accident.

and health.

force Dec 81, preceding year 8 84,298 40

ritten or renewed during theyear 661796 46

Total 8881099 86

Deduct expirations and cancellations 616,882 00

Net in force Dec 81, 1908 861267 26

Total 109808 incurred dnrinc the year (leoi reinraranee) 8m, 848 28

Total dlTldends declared payable In cash from orsanixation 881000 00

BUSINSBB IN THB 8TATB OF ILLINOIS DUBING 1901

' Gross

premiums
on risks
written or
renewed dur- Ghross losses Gross losses
\ng the year. paid. incurred.

Accident and health 882.646 66 811268 80 811906 24



SCHEDULE A.

Bonds and Stocks.

Description. Book value. Market value,

k, ffold tax exempt, 8>es. 8100.000 00 8101600 00

rold,8ies 100.000 00 97.600 00

1700 00 2,700 00

4,600 00 4.600 00

1 900 00 900 00

10.000 00 11000 00

U 10.000 00 10.000 00

Is.............. 6.000 00 6.000 00

1. trust ffold, 6s 1600 00 1500 00

1500 00 1,500 00

TotaU 8241100 00 8241100 00



Digitized by VjOOQIC



Digitized by VjOOQIC



Assessment Life Companies



Digitized by VjOOQIC



Digitized by VjOOQIC



409



BANKERS' LIFE ASSOCIATION.
Tbab Ending Dbobmbbb 31, 1903.

B. ▲. TBMPLB, Pmident H. 8. NOLLBN. SeoMtenr.

4Home offiee Det MolnM, Iowa; Inoorporatod Jim« 10, 1879: eommenoed bnslnesa Sept S,

1879.]

▲ttorney for Mrrleo of procett In Illlnoli. WM . B. YBEDBNBUBQH, Intnniioe Snpofln-

tondont, at Bpriurfleld.

Amomitof netlodceraitotsDoeemberllof proTtoniyear If«408,90 9

INOOMB.

Membership feea required or repreeented by applloaate $ 164, eS4 00

First year's assessments or premiums, expense, $N,148.M: mor-
tuary. OUIJB 90 1M,876I0

Bnbseqnent year's assessments or preminms, expenses, 9I88,-

18128: mortnary, 01^06,418.18 1,491,004 40

Gnaranteedeposite 448,880 60

Total paid by members 01,801,466 41

Interest from mort^races, bonds and other sonrees 961,070 91

From all other sonrees, ris: Belnstatement fees, 0U01.00;

ehancesof beneflelarle8.0770.tt 8,077 tt

Total Inoome during the year 08,096.919 74

Snm O8.081«170 69

DISBUBSBHBNTS.

Death elalms or Installments paid 01,198,089 80

-Gnarantee deposits returned to beneficiaries of deceased mem-
bers 14,79100

AdTance payments returned to rejected applicants and to mem-
bers for cancelled certifleates 8,676 68

Total paid to members 81,291.166 99

'Commissions and fees retained by or paid or allowed to agents. 269, 766 70
^mmlsslons paid or allowed for collecting assessments or

premiums 49,400 90

Salaries and allowances of managers and agents not paid by

commissions 14,074 17

Salaries of officers 28.626 10

Salaries and other compensation of office employes 82,871 99

Medical examiners' fees 40,716 96

Taxes, licenses and Insurance department fees 16. 989 78

Bents 0.8S0 0I

Furniture, legal expenses, advertising and printing 10, 818 18

All other Items. yIs: SUtlonery. etc.. 01.296.28: postage. 018,-

245 99: telegrams. 958.17; traTellngexDenses. 04,988.74; express

and freight. 0866 66; blank books. 0104.68; expense loans, 91,-

885.84; all other Items, 01.478.47 88,874 72

Total expenses 0480.060 91)

Total disbursements 01,711,61a 86



Balance inyested as follows 00.819,067 74



Digitized by VjOOQIC



410 •

LBDQEB ASSBTS.

Louis on mortffmffes of real estate, first Hens $1,967,907 88

Book y sine of boo ds (ezoladinr Interest) 911,694 90

Cash In office and in bank 226.807 49

Deposit with Missouri Insurance Department LOOO 00

Other assets, vli: Guarantee notes not due on memberi in

sood standing 829, 67t 04

TotaL 16.828,961 2»'

DlDUOT LSDGSB LlABILITISt.

Trait deposits. $7,800.00; deposit of members for fnture calls. $2,028.61 9. 822 61

Total net ledger assets. $6,819.657 74

NoM-Lioon AtiBTS.

Interest due and aeerned on mortffares $128,601 86

Interest due and accrued on other assets 10.916 86

Mortuary assessments to beeome due on post mortem policies.. 90.800 00

Total non-ledger asseta 226.816 21

Gross assets $6,644,976 9S

Dbduot A08IT8 Not ADiamD.

Guarantee notes...... $829,67104

Speeial deposits in MlssourL :.. 1,000 00

TotaL 880,67104

Total admitted asseta $6,714.404 91

NON-LEDGEB LIABILITIES.

Losses on post mortem polleieo not adjusted. $82300.00; resisted.

^$8.000.00 $90,F00 00

Salaries, rents, expenses, taxes, ete.. due or accrued. 8,86600

Total liabilities 94,166 00



Balance to protect contracts $6,620,246 91

Comprised nnder the following funds:

Mortuary fund $ 71.964 76

Reserve fund 2.668.464 40

Guarantee fund 2,867.892 96

General or expense fund 84.886 79

Total special funds 86.620,246 91

EXHIBIT OF CEBTIFICATSS OB POLICIES.

Total Business in
business of year. Illinois during year.

No. Amount No. Amount.
Policies or certificates in force Dee. 81, (beginning

of year) 89,267 $176,684,000 00 16.719 $81,488.000 00

Policies or certificates written or increased dur-
ing the calendar year 14.626 89.660.000 00 1.916 8.882,000 00

Totids 104,0928208,184.00000 17,686 $86,270,000 00

Deduct decreased or ceased to be in force during
theyear. 4,268 6,626,000 00 689 1. 076.000 00

Total policies or certificates in force Deo. 81,
(endofyear) 99,829 $ 199,668.000 00 17,096 $24.192,000 00

Losses and claims unpaid Dec. 81. (beginning of

year)............... 89 $ 76,000 00 10 8 20,000 00

Losses and claims incurred during the calendar

year 626 1,26 0, 000 00 IW 220.000 00

Totals........ 664 $1,826,000 00 120 ~^24oioOO 00

Losses and claims paid, scaled down, and com-
promised during the year 618i 1,287.200 00 110 220.000 00

Losses and claims outstanding nnpald last
Dec. 81, (end of year) 461 890.800 00 10 $20.000 0»

Beeeired from members in Illinois during the year 1909: Mortuary, $2IO,60&S6:
expenses, $56,186.88; total $286,888 78



Digitized by^OOQlC



411



OAIN AND LOSS EXHIBIT.

Balance to protect eontraets berlniiinff of year tl, 787,900 44

Fandearnloes— Expense, $586,081.20; ffuarantee deposit, $148,860.66: and mor-
tuary. $1.642.451.08 2.177,642 88

Interest, rents, etc., earned $281,627 70

Balance profit and loas items (and ohaneei in market ralaes and

unadmitted aiseta 101,656 Tl 179,074 49 ^

Total credits $7.645.217 76

Bxpen«es incnrred : Insurance. S478,827.C8, iuTestment, $1.885.84 $ 480, 712 96

Death losses and claims incurred $1,286,666 68

Dednot amonnt sared by compromise, etc 69.110 66 1.244.256 96

Balance to protect contracts, end of year.... 6.620,248 91

Total debits 67.645.217 76



COSMOPOLITAN LIFE INSURANCE ASSOCIATION.
Ybab Ending Deoehbbb 31, 1903.



OBOBQS H. CBAFT, President JAHBS 0. WILSON. Secratary.

[Home office Freeport, 111.; incorporated Dec 20. 1890; commenced business Dee. 20, 1890.]

Amount of net iedeer assets Dee. $1 of the preTlons year $66,566 lA



INCOME.

Membership fees required or represented by applications

First year's assessments or premiums, expense

Subsequent year's assessments or premiums, expenses. $17,-

863.10: mortuary. $112, 267 85; reserre. $52. 606. 69

Medical examiners' fees paid by applicant



Total paid by members

Interest from mortffaces

Bents

From all other sources. tIs: Beinstatement fees, 6606.66; chanre
of benefloiary, $210.00 «



Total income during the year .
Sum



$ 6,000 00
96,86J29

182,677 84
666 00

"^81,410 12
672 50
769 67

718 66



$669.810 9^



DISBUBSBMENTd.



Death claims or Installments paid 286,616 64

Disability beneflts 250 00

Adyanoe payments returned to rejected applicants 4 20

Total paid to members $86,670 64

Commissions and fees retained by or paid or allowed to aronts 48,649 66
Commissions paid or allowed for collecting assessments or pre-
miums 8,618 89

Salaries and allowances of manaffsrs and agents not paid by

commissions 9,041 26

Salaries of officers, $6,468.66; other compensation of officers,

$1,67400 7,866 66

Salaries and other compensation of office employes 8.088 76

Medical examiners' fees 2,172 66

Taxes, licenses and insurance department fees i 662 16

Expenses and repairs on real estate 618 00

Bents 995 60

Furniture. legal expenses, adTertlslng and printing 16,786 87

All other items vis: Express, $16117; telecrams. $61.21: bond
premiums, 6180 28: postase, $1,032.76; trayellnr, $6,628.90; mls-

eellaneous. $1.000.66 6,966 82

(Total expenses $106.619 68)



Total disbursements.



Balance InTetted as follows..



189,689 91
$150.241 0$



Digitized by VjOOQIC



412



LIDGBB ASSETS.



Book Tmlue of real estato, nolnoiimbered

Loans on mortsairos of real oatate* fine lleni

Betorre Hen notea ,

Book yalne of ttooks

Oash In ofBee and In bank

Affents' debit balaneea. i2« 688.17; eaih tiekets, 108.06.
Other aasets, via.: Fnmitnre and flztorei



Total net ledrer ataeta.



160,400 00
7.600 00

62,806 69
6.900 00

26,007 66
8,21128
4.916 46



•160,24108



NoM-Lu>en Aiixrs.

ICortaary aaaeasmenta dne on laat call made within 60 daya $ 860 00

Jf ortnary ataeeamenta to become dne on post mortem pollelea. 18, 400 00



Total non*ledffer aaaeta.
Qroaa ataeta



18.760 00



8168,99108



DBDUOT A88BT8 NOT ADMITTBD.



Fnmitnre, flztnrea, aafea, aappUea and atatloaery.

Agenta' debit balaneea, not aeonred by bonda

BeaerreUen notea



Total

Total admitted



8 4,916 46
2,688 17
62,806 68



60,810 81



8108,188 72



NON-LBDGBB UABIUTIBS.

liOiaea on poat mortem pollelea nnpald, ad jnated, not dne 812«600 00

Loaaea on poat mortem poUelea not ad jnated, 80,000.00: re-

alated, 812, 260.00 60,260 00

Preaent Talne fntnre paymenta on Inatallment policy clalma ... 1, 884 60



Total llabUltlea.



64,184 60



Balanee to proteet eontraeta '. ^ 846,046 22

S>mprl8ed nnder the following fnnda:
ortnaryfnnd

Bmergency fund

•General or expense fnnd



8 9,266 82

18.792 00
16.997 80



Total apeelal funds.



846.046 22



BZHIBIT OF CBBTIFIOATBS OB POLICIES.



Total Bnslnesa In

business of year. lUlnola dnrlns year*



No. Amount

"Pollelea or eertlfleatea In f oree Dec. 81, bednnlng
of year 9,802 816.644,600 00

Policies or certificates written or Increaaed dur-
ing the calendar year 7,480 11,604.926 00

Totals 16,782 828,149.426 00

'Deduct decreaaed or ceased to be In force during
year 666 1,06S.»1 00



No. Amount

8,024 fU.420,600 08

790 702,984 00

8,814 816.124,484 00

647 908.600 00



Total pollelea or eertlfleatea In force Deo. 81,
(end of year) 16,127

Losses and claims unpaid Dec. 81, (beginning of
year) 9

Losses and clalma incurred during the calander
year 82

Totala 91

Loasea and claims paid, scaled down and com-
promised during the year 61



827.096.206 00 8.267 814.220.964 00

8 16.000 00
128,260 00



8164,260 00
9 1,600 00

862.760 00




18



Losses and claims outstanding unpaid last Dee.
81, (end of year).. i^

vBeeeived from members In Illinois during the year 1903: Mortuary, 198,628.12:
ezpenaea, 816.292.80; total



882.660 00



8114.916 1



Digitized by V^OOQIC



413

^ QAIN AND LOSS EXHIBIT.

Bftlmeeto prottet eontraett befffnnliiff of yemr • 6S.SM er

Fond earnlnfft : Bxpense, fin, 679.24; reMtye, 952. 906.99; mortuary. 9119. 012.06 281. 917 96

Intereat. r«iitt, eto.. Mmed 1.11 2 07

Total oredita 9999.686 72

Bxponaealnenrrod: Inaiaranee 9104.965 29

Death losieB and elalma Inenrrad 1X1,705 04

Increased unadmitted aasets 67,880 29

Balance to protect oontracta, end of year 46.0A6 22

Total deblta 9999,686 72



EXPRESSMEN'S MUTUAL BENEFIT ASSOCIATION.
Ybab Ending Deobmbbb 31, 1903.



B. A. STBDMAN. President OHABLBS M. NIXON. Secretary.

[Home office No. 66 Broadway. NewTozk. N. T.; commenced business January 12. 1869.}

Attorney for serrlce of process in Illinois, WBL B. VBBDK NBUBGH. Insurance Snperin-

tendeni Springfield.

Amount of net ledger assets Dec 91 of the prerlous year 9 19.867 22

INGOMB.

Subsequent year's assessments or premiums: Bxpenses.
94.26L18; mortuary. 9197. 464J7 9141.706 06

Total paid by members 9141.706 06

Interest from bonds and stocks 6.804 84

Total income during the year 147.610 89

Sum • 9197.978 U

DI8BUB8BMBNTS.

Death claims or installments paid 974.000 00

Disability. Blch or accident benefits 89.962 86

Paid members for surrender ralues 161 82

Total paid to members 9108.111 68

Salaries of officers 1.287 47

Salaries and other compensation of office employes 998 a

Medical examiners' fees 116 00

Insurance department fees 10 00

AdTertlslng and printing 914 42

All other items. Til : Sundry expenses 206 16

(Total expenses 92.272 49)

Total disbursements 9110,987 19

Balance invested as follows 186.990 96

LBDGBB ASSBTa

Loans secured by pledge of bonds, stocks or other collaterals... 9 440 80
Book value of bonds (excluding interest) 999,499.76; stocks.

924.466 60.... 69.949 26

•ash in bank 22.60140

Total net ledger assets 989,990 96-



Digitized by VjOOQIC



414



N0K-Ln>OBB AMBTt.

Market ralne OTer book Tmlne stocks and bonds

Mortaary assessmenu to become due on postmortem policies..



•10.218 00
8.734 M



Total non-ledrer assets .
Qrofls assets



18.96118



•106.918 88



DsDUOT Absbtb Not ADmrriD.

Loans on personal secnrity • 410 80

Bzoess of nneollected mortnarj assessments OTor losses on
post mortem policies, not adjusted and resisted 8,784 88



Total ,

Total admitted assets.



4.174 88



NOM-LXDOSB LlABILimS.

Losses on stipulated premium policies, not adjusted

Balance to protect contracts



8101,798 88



6.000 00
898.798 88



Comprised under the following funds:

Reserrefund

Surplus fund.



870.114 74
26.688 91



Total special funds

EXHIBIT or GBBTIFIGATES OB POLICIES.



896.798 88



Policies or certificates in force December 81 (be-
ffinninff of year) 8,068

Policies or certificates written or increased dur-
in the calendar year 127

Totals 8.192

Deduct decreased or ceased to be in force durins
the year. 718



Total
buisness of year.
No. Amount.



Business in

Illinois duriuff year.

No. Amount.



Total policies or certificates in force Decem-
ber 81, (end of year) 2.474

Losses and claims unpaid December 81, (besin-
ninff of year) ^ 6

Losses and claims incurred during the calendar
year 102

Totals 107

Losses and claims paid, scaled down, and com-
promised during the year 104



Losses and claims outstanding unpaid last De-
cember 81 (end of year). I

BecelTcd from members in Illinois during the year 1908:
expenses, 8460.40; total



84.059,500 00

118,50 00

84.178,000 00

89tf.000 00

83.225.000 00

811,000 00

191.000 00

8202.000 00

107,952 88

86.000 00
Mortuary, 814,886.18:



8445,000 00



8


9.000 00


888
52


75,500 00


281


8878.500 00


8


811.000 00


4


84.806 86





GAIN AND LOSS EXHIBIT.



Balance to protect contracts beginning of year

Fund earnings: Expense. 84. 25L18: and mortuary, 8137,454.87. ....

Interest, rents, etc. earned

Balance profit and loss items (and changes in market Talues
and unadmitted assets)



86.804 84
-6.107 20



815,848 68



8 64,620 80
141,706 86



687 84



Total credits.,



8207.033 99



Expenses incurred: Insurance

Death losses and claims incurred ,

Deduct amount sa?ed by compromise, etc.

Balance to protect contracts, end of year...

Total debits



8202.000 00
94,047 U



8 2,272 48



107.952 88
96,798 66



8807.023 99



Digitized by VjOOQIC



415



GERMAN MUTUAL BENEFIT ASSOCIATION.
Tbab Ending Deobmbbb 31, 1903.



PBBDIN4ND L4NGBEIN. Seeretmry.

. ._Borpor
. 28. 18T6.]



HBNBT LEMCKE, President.

tHome offlee No. 19 La Salle street, Chicago; Incorporated Ans. 16. 1876; commenced bosi-

— iOct.J^ ' "



ilnurant net ledger assets Dee. It of the prerlons year..



Id. 108 78



INGOMB.

Membership fees required or represented by applicants..
Plrst year's assessments or premiums



Total paid by members <

Interest from mort^aces, bonds, stocks and other sonrces..
Bents



Total Income daring the year..
Snm



8 4.814 00
82,8S7 40



898.97140

8,881 83

680 00



8100.488 78
8168,196 80



DISBUBSEMBNTa
Death claims or installments paid

Total paid to members

Commissions and fees retained by or paid or allowf^d to agents.
Salaries of officers, 8550 00; other compAnsatlon of officers, 8200.00

Salaries and other compensation of office employes ,

Medical examiners' fees

Taxes, licenses and insurance department fees.

Taxes on real estate and InTostmenu. 856.28; expenses and re-
pairs on real esute. 8144 68

Rent8j488 00; office expense. 8128 66

Furniture, legal expenses, adTortising and printing

Losses on disposal of real estate

(Total expenses 814,296 62)



Total disbursements..



Balanee Inyested as follows.,



LBDGEB ASSETS.



Book Talue of real estate, mnlneumbered

Loans on mortgages of real estate, first Hens.

Book Talue of bonds (excluding interest)

Cash In office and in bank.



Total net ledger assets.



NOM-LlDOBB JU8BT8.



Interest due and aeerued on mortgages

Interest due and accrued on other asseM

Market Talue oTcr book Talue of bonds

Mortuary assessments to become due on post mortem policies..
Ail other: Stationery. ,



Total non-ledger assets..
Gross assets



880,800 00



880. NO 00

7,876 88

760 00

1.941 00

1,404 90

84 00

600 76

66166

1,868 49

886 60



88,184 00

41.760 00

7.000 00

11,816 88



8 66686
188 88

647 60

82,000 00

200 00



886,096 68



868,099 88



868,090 88



88.647 18



891,647 08



Digitized by VjOOQIC



416



Dn>noT AJtm Nor Admittbd.

StotlOBery 200 0»

ToUl admitted MMtt I81«4A7 Oe

NON-LBDGBR LIABIUTIBS.

Losiei OD itlpalated premlam pollelei unpaid, adjusted, not

due 918,100 00

Loiief on itlpalatod prbmiam policies, not adjaited 21,000 00

8aUrlea« ronta, expenses, taxes, ete., due or aeemed 786 17

Total liabilities 810,186 H

Balanoe to protect oontraets 861.260 »

Comprised under the following funds:

Mortuary fond 818,686 18

Reserve fond 760 41

General or expense fond 1,80A 76

Total spedal fonds 861,280 «8



EXHIBIT OF GBBTIFIOATBS OB F0LI0IB8.



^ . Total Bnslness In

boslness of jear. Illinois during year.
No.



Policies or eertlfleates In force Doc 81 (beglnnlnc
of year) 6,868

Policies or certificates written or Increased dur-
ing the calendar year tfOt

Totals 6,816}

Deduct decroased or ceased to be In force during
the year. 286

Total policies or certificates in force Dec 81.
(end of year) 6.668}

Losses and claims unpald.Dec 81, (beginning of
year) 87

Losses and claims Incurred during the calendar
year 9i



Totals-



Losses and claims paid, scaled down, and com-
promised during the year

Losses and claims outstanding unpaid last
Dec 81, (end of year) _



111
81



Amount


No.


Amount.


86,861.000 00


1,642


81,642.000 00


498.600 00


87


67,000 00


86,846,600 60


1,808


81,609.000 00


286,000 00


68


68,000 00



86.668.600 00

827,000 00

94,000 00

8111,000 00

81,000 00

840.000 00



BoeolTod from members in Illinois during the year 1908. ,



1,661


81,661.000 00


7
81


8 7,000 00
81,000 00


88

n


888,000 00
11. 000 00


17


817,000 08


>»»••»»


on.snio



GAIN AND LOSS EXHIBIT.



Balance to protect contracts beginning of year

Fund eamiogs— expense. 84,814.00: mortuary, 8114.667.40. ,

Interest, rents, etc , earned /•••.••*. -. v

Balance profit and loss items (and changes in market Talues

and unadmitted assets)

All other credits



84,184 86

6,099 87



Total credits

Expenses Incurred: Insurance, 814.684.64: investment, 8600.76.

Death losses and claims Incurred ,

BaUmce to protect Contracts, end of year



Total debits.



8 67.968 41
118.971 40



9,884 71
286 16

8186.646 68

8 16,066 88

120.200 00

61.260 »

8186.646 68



Digitized by VjOOQIC



417



GLOBE MUTUAL LIFE INSUEANOE ASSOOLA.TION.
Tbab Ending Dbobm bbb 81, 1903.

THOMAS p. FOBTUNB. Preildent THOMAS P. BABBT, StereUry.

[Home offlee No. 116 Dtorborn street, Gblemco, IlL: Ineorpomted Mwreh a, 1886; eommeneed

bnsinets Mweh IB. 1889.)

Amonnt of not ledcer Mieti Deoember tl of the preTloaa yeer $11,418 84

INOOME.

Flnt year'a Meessmenti or premlnma. expenie, f7.S8La; mor-
tomrj, 8688.61 87.818 14

Subeeqaent yeer'a Mteetments, ezpenset, 88,480.17; mortoery.
1.77 7.178 84



Totelpeldby membera 816,007 08

Interest from mortgegea 846 08

Total ineome during the year 816.868 08

Snm 8V.880 4I

DISBaBSBMENTS.

Death elslma on Inatallments paid 84.196 a

Adyanoe payments reinmed to rejeeted applicants 7 86

Total paid to members 84.801 tt

Sommissions or fees retained by or paid or allowed to agents. . 6, 770 17
alaries and allowances of managers and agents not paid by

commissions 848 76

Salaries of officers ...^ 1.680 80

alaries and other compensation of office employes 1, 186 40

Medical examiner's fees 809 00

Taxes, licenses and insurance department fees 277 68

Bents 186 89

Famitnre, legal expenses, adTcrtislng and printing 84868

All other items, vii: Qeneral expense, 880.60: office expense.

8tt7.86; traTeling expense. $l60.a: postage, 8168J7. 778 96

(Total expenses 811.777 48)

Total disbursements 816,079 88

Balance inyested as follows 811,760 60

LBDGEB A88BTS.

Loans on mortgages of real estate, first liens 86,760 00

Sash in office and in bank 1.816 88

gents' debit balances 6,i8S74

Total net ledger assets 811,760 80

N<m-LBD«BB Assnt.

Interest accmed on mortgages 8 181 09

Mortuary assessments due on last call made within 80 days 1, 501 18

Total non-ledger assets....^ 1,668 16

Gross assets 816,418 86

—27 L.



Digitized by VjOOQIC



418

DSDUOT ASSBTB NOT ADMITTSD.

Affenti' debit bftlmeef, not Monnd by bondi 18, IM U

Total Admitted aiMts 910. 210 U

NONLBDGEB LIABILITIBS.

Lotaes on pott mortem pollelef not adjatted, 9899.06: resitted
tt.98B.8A •...•..•.•.••...••...•••••••■«« - •■••..•• 98* 888 40

Bxeeta oyer MMKsiaMon'f *w^^^^
eelved on edTanoe limited payment* or deposit policies and 4
per eent aconmnlated Interest thereon. 198 18

Total liabilities 98,88169

Balanoe to protect eontraets 96,648 68

Comprised under the following fonds:

Surplus fund 86, 648 68

Total special funds : 96.648 68

EXHIBIT OP0BBTIFI0ATB8 OB P0LIGIB8.

Total business In
Illinois durlnff year.

No. Amount

Policies or certificates In force Dec. 81, (bejrlnnlnff of year) 8,759 9468,667 00

Policies or certificates written or Increased during the calendar year. . 8,664 419, 401 00

Totals 6,818 8888.068 00

Deduct decreased or ceased to be In force during the year 8,681 866,686 00

Total policies or eertlfieates In force Dee. 81« (end of year) 8.6n 9688,488 00

Losses and claims unpaid Dec. 81, (bednnlnff of year) 81 94,087 68

Losses and claims Incurred during vhe calendar year 80 6.m86

Totals 101 99.880 46

Losses and claims paid, scaled down, and compromised durlnc year... 81 6,888 06

Losses and claims outstanding unpaid last Dec 81, (end of year) . . 80 88.888 40

Becelved from members In Illinois during the year 1908, mortuary. 94 J96 J8:

expenses, 910.71L80; total 916,007 08

GAIN AND LOSS EXHIBIT.

Balance to protect contracts beglnnlnff of year 9 4,864 04

fund earnings—expense, 810,711.80; mortuary, 96,796.44 17,606 84

Interest, rents, etc, earned 846 00

Total credits 918.107 a

Expenses Incurred: Insurance 911.777 48

Death losses and claims Incurred 8,668 81

All other debits 88 06

Balance to protect contracts, end of year 6,648 68

Total debits 6n.l07a8



Digitized by VjOOQIC



419



GREAT NORTHERN LIFE INSURANCE COMPANY OP

AMERICA.

Ybab Ending Dbobmbbb 81, 1903.



B. p. MUBDOOK. Frealdent FBBDINAND SPIBS, Seeretery.

(Hom« offlee No. 106 LaS«llt itrMt OhloAgo, m.: Ineorpomtod Oet 1, 1901; eommenotd

biMine8tOet.8,190L]

Amoimt of net led£«r aiMtt Doe. tl. of the proTloiif year. 9t,UM 01



INOOMB.

First yean' Mieeemente or i»remliiin8, ezpenM 916,801 96



Online LibraryIllinois. Office of the Insurance SuperintendentAnnual insurance report of the Insurance Superintendent, of the ..., Part 2 → online text (page 40 of 62)