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Fifty-first Annual Report of the SUPERINTENDENT OF INSURANCE 1962 (Business Transacted in 1961) British Columbia. Legislative Assembly 1963

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Full Text

 PROVINCE OF BRITISH COLUMBIA
Fifty-first Annual Report
of the
SUPERINTENDENT OF
INSURANCE
1962
(Business Transacted in 1961)
Printed by A. Sutton, Printer to the Queen's Most Excellent Majesty
in right of the Province of British Columbia.
1962
  To Major-General the Honourable George Randolph Pearkes,
V.C., P.C., C.B., D.S.O., M.C.,
Lieutenant-Governor of the Province of British Columbia.
May it please Your Honour:
The undersigned has the honour to present the Fifty-first Annual Report of the
Superintendent of Insurance for the year ended December 31, 1961.
ROBERT W. BONNER,
A ttorney-General.
Victoria, B.C., July 4,1962.
  TABLE OF CONTENTS
Page
Report of Superintendent of Insurance     7
List as at June 30, 1962—
Insurers Licensed  9
Fraternal Benefit Societies Licensed under the Insurance Act  37
Names of Insurers Licensed since December 31, 1961  38
Names of Insurers Which Have Ceased Business since December 31, 1961 38
Underwriters' Agencies Licensed  38
Reciprocal Exchanges Granted Permits  38
Societies (Incorporated under the Societies Act) Licensed under the Insurance Act  3 8
Annual Statements of Provincial Licensees—
B.C.F.G. Mutual Hail Insurance Company  39
British Columbia Insurance Company  40
The British Columbia Plate Glass Insurance Company  41
Fruit Growers Mutual Insurance Company  42
The Mutual Fire Insurance Company of British Columbia  43
North West Life Assurance Company  44
Pacific Automobile and Fire Insurance Company  46
Pacific Coast Fishermen's Mutual Marine Insurance Company  47
Roberts Mutual Fire Insurance Company  48
Royal General Insurance Company of Canada  49
Seaboard Life Insurance Company  50
Tables
Life Insurance—
I. Business of 1961  51
II. Summary, 1957-61  53
Fraternal Societies—
III. Business of 1961  54
Fire Insurance—
IV. Business of 1961  55
V. Summary, 1957-61  59
Automobile Insurance—
VI. Business of 1961  60
VII. Summary, 1957-61  64
Miscellaneous Classes of Insurance—
VIII. Business of 1961  65
IX. Summary, 1957-61  75
  Report of the Superintendent of Insurance
Department of Insurance,
Victoria, B.C., July 4, 1962.
The Honourable Robert W. Bonner, Q.C.,
Attorney-General, Victoria, B.C.
Sir,—Pursuant to the Insurance Act, I beg to submit the Fifty-first Annual
Report of the Department of Insurance covering the year ended December 31, 1961.
At that date 350 insurers were licensed under the Act to transact business.
The following summary indicates the origin of the insurers, how many hold only
Provincial licences, and how many had Federal registry in addition to a Provincial
licence: —
Where Incorporated
Provincial
Licence
Federal
Registry
Total
11
10
4
1
1
1
1
14
97
70
2
3
1
1
3
2
1
1
2
1
5
118
11
24
97
74
2
3
1
1
Holland     V        .     .                                                           	
3
3
1
Italy -	
1
1
2
1
6
United States -..   .. 	
119
29
321
350
The comparative figures are for 1960, 347, and 1959, 350.
Eleven new insurers were licensed during the year. These are as follows:
Alliance Mutual Life Insurance Company; Allstate Life Insurance Company;
Amsterdam Insurance Association, the Dome, Ltd.; The Bee Insurance Company;
California Western States Life Insurance Company; First National Insurance
Company of America; Maccabees Mutual Life Insurance Company; Maritime
Life Assurance Company; Seaboard Life Insurance Company; United Canada
Insurance Company;  and Wawanesa Mutual Life Insurance Company.
Eight insurers ceased to transact business in the Province during the year,
and these were: British Law Insurance Company, Limited; British Oak Insurance
Company, Limited; Central Mutual Insurance Company; Consolidated Fire &
Casualty Insurance Company; Home Fire & Marine Insurance Company of
California; The Maccabees; Merchants and Manufacturers Insurance Company
of New York; and N.V. The Netherlands Insurance Company, Est. 1845.
A complete list of insurers will be found on pages 9 to 38. A similar
l'.st, made up to December 31, 1961, was published in The British Columbia
Gazette. For the purposes of convenience, the present list is made up to June
30, 1962, so that it includes insurers licensed since December 31, 1961, and
shows the classes of insurance for which all insurers are now licensed.
 B 8
BRITISH COLUMBIA
On analysis the list shows that 72 companies (exclusive of fraternal societies)
were licensed for life insurance, 226 for fire insurance, 214 for automobile insurance, and 101 for marine insurance. These figures cover only the major classes
of insurance, and it should be understood that the same company may be licensed,
for example, for fire, automobile, and marine insurance.
The annual statements of the companies holding Provincial licences only
are set forth at length on pages 39 to 50.
There were three underwriters' agencies licensed under the Act, and the list
appears on page 38.
The taxes collected on unlicensed insurance amount to $9,666.76.
The number of insurance agents' and salesmen's licences issued for the year
1961 is given below, together with a comparative table for the previous four years:—
Licences Issued to—
Life insurance agents 	
Other-than-life insurance agents _
Insurance salesmen	
Insurance adjusters ;.'.:.    	
Employees of insurance adjusters
Totals  	
1961
1960
2,306
1,586
850
56
105
2,187
1,571
67
102
4.903 4,735
1959
2,057
1,588
929
61
108
4,743
1958
2,068
1,604
919
64
135
1957
1,904
1,570
929
57
130
4,790
4,590
The number of real-estate agents' and salesmen's licences issued under the
Real Estate Act for the year 1961/62 in comparison with the previous four years
is as follows:—
Licences Issued to—
1961/62
1960/61
1
1959/60
1958/59
1957/58
880
2,703
938
3,054
997
3,480
1,032
3,809
1,032
3,476
Totals   	
3,588
3,992
4,477
4,841
4,508
The number of collection agents' licences issued for the year 1961 is given
below, together with a comparative table for the previous two years:—
Licences Issued to
Year Collection Agents
1961   96
1960   89
1959   88
The Association of Superintendents of Insurance met at Winnipeg, Man.,
for its forty-fourth annual conference, commencing September 18, 1961. Attending at the open sessions were more than 235 representatives of the insurance industry.
The association officers for the 1961/62 term are: President, E. Thomas
Cantell, Superintendent of Insurance, Province of British Columbia, Legislative
Buildings, Victoria, B.C.; vice-president, Gustave E. Tremblay, C.A., Superintendent of Insurance, Province of Quebec, 730 Grande-Allee, Quebec City, P.Q.;
secretary, Cecil Richards, C.A., Superintendent of Insurance, Province of Ontario,
145 Queen Street West, Toronto 1, Ont.
Following the election of officers, the Superintendents accepted the invitation
of the Superintendent of Insurance for Saskatchewan to hold the 1962 conference
at the Saskatchewan Hotel, Regina, Sask., during the week commencing September
17,1962.
Respectfully submitted. p   T
Superintendent of Insurance.
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
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 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 39
Annual Statements of Provincial Licensees
B.C.F.G. MUTUAL HAIL INSURANCE COMPANY
Head Office—Kelowna, B.C.
Directors
E. A. Titchmarsh. J. B. M. Clarke. J. Luthy.
E. M. Tait. D. P. Fraser. C. W. Husband.
N. R. C. Pooley. M. Kawano.
E. A. Titchmarsh, President.
Statement for the Year Ended December 31, 1961
Assets
Bonds (book value) 	
Stocks (book value) 	
Cash on hand and in banks
Interest accrued 	
Deduct assets not admitted—investments—stocks unauthorized
$130,655.91
25.00
8,231.24
930.00
$139,842.15
25.00
$139,817.15
Expenses due and accrued
Guarantee stock—
Authorized	
Subscribed 	
Paid up
Reserve fund .
Premium earned (net)
Claims incurred (net)
Adjustment expenses _
Commission 	
Liabilities
$50,000.00
18,460.00
$38.94
Profit and Loss Account
Underwriting profit
Other revenue—
Interest earned 	
Bad debts recovered
$18,460.00
121,318.21
$139,778.21
$139,817.15
Operating fee to Fruit Growers Mutual Insurance Company
All other expenses 	
$82,810.97
3,152.38
7,701.20
20,486.29
829.24
$124,064.44
$6,307.48
46.50
114,980.08
$9,084.36
6,353.98
Net profit
$15,438.34
Returns for British Columbia
{See page 65.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 B 40
BRITISH COLUMBIA
BRITISH COLUMBIA INSURANCE COMPANY
Head Office—Vancouver, B.C.
F. A. Griffiths.
C. G. Hobson.
Directors
J. D. Christie.
P. B. Paine.
C. G. Hobson, President.
A. S. Llewelyn.
W. H. Molyneux.
Statement for the Year Ended December 31, 1961
Assets
Bonds and debentures (book value)
Cash on hand and in banks	
Accrued interest	
Loan receivable (affiliated company) 	
Reinsurance balances (due from affiliated companies)
Excess of market value of investments over book value
$189,945.24
18,907.71
4,485.94
80,000.00
24,335.34
10,842.20
Deduct assets not admitted-
$328,516.43
-Excess of market value of investments over book value      10,842.20
Provision for unpaid claims 	
Reserve for unearned premiums
Expenses due and accrued	
Taxes due and accrued	
Liabilities
Provision for fluctuation on investments
Capital Stock—
Authorized—
Preferred 	
Common 	
$317,674.23
$11,264.86
35,924.72
550.00
9,833.24
785.00
Subscribed—Common
Paid up 	
Surplus   	
$100,000.00
400,000.00
221,945.00
$111,177.50
148,138.91
259,316.41
$317,674.23
Premiums earned (net)
Claims incurred (net) _
Commissions   	
Taxes 	
Profit and Loss Account
Salaries, fees, and travelling expenses
All other expenses	
$36,012.56
35.362.31
13,391.41
2,309.00
2.33
Underwriting profit
Other revenue—Interest earned
$11,720.08
Decrease in deficiency of market under book value of securities       12,448.43
Other expenditure—
Income taxes	
Australian Federal taxes
Net profit.
$1,921.75
4,172.31
$87,544.79
87,077.61
$467.18
24,168.51
$24,635.69
6,094.06
$18,541.63
Returns for British Columbia
(See page 65.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 41
THE BRITISH COLUMBIA PLATE GLASS INSURANCE COMPANY
Head Office—Vancouver, B.C.
Directors
G. E. Lafrenier.
H. A. St. Laurent.
J. Bird.
M. Trotzuik.
G. E. Lafrenier, President.
D. H. Bell Irving.
J. A. Coleman.
Statement for the Year Ended December 31, 1961
Assets
Mortgage loans on real estate	
Bonds and debentures (book value)
Cash on hand and in banks	
Interest accrued	
Agents balances 	
Deduct assets not admitted—
Agents' balances prior to October 1, 1961 	
Deficiency of market under book value of bonds
$447.05
900.00
$20,000.00
14,960.72
29,609.25
262.55
9,343.29
$74,175.81
1,347.05
$72,828.76
Liabilities
Reserve for unearned premiums (net, at 80 per cent) _
Taxes due and accrued	
Claims 	
Capital stock—
Authorized	
Subscribed and paid up
Reserve fund	
Surplus 	
$25,000.00
$10,000.00
200.00
4,715.76
$54,879.74
1,015.78
2,017.48
14,915.76
$72,828.76
Profit and Loss Account
Premiums earned (net)
Claims incurred (net) _
Commissions 	
Taxes 	
Salaries, fees, and travelling expenses
All other expenses	
Underwriting profit
Other revenue—Interest earned
Net profit 	
$31,707.02
11,729.50
1,275.78
2,535.93
474.58
$49,005.08
47,722.81
$1,282.27
3,221.82
$4,504.09
Returns for British Columbia
  (See page 65.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 B 42
BRITISH COLUMBIA
FRUIT GROWERS MUTUAL INSURANCE COMPANY
Head Office—Kelowna, B.C.
Nigel R. C. Pooley.
Eric M. Tait.
J. B. M. Clarke.
Directors
Douglas P. Fraser.
Claude W. Husband.
John Suthy.
M. Kawano.
D. Richard.
Nigel R. C. Pooley, President.
Statement for the Year Ended December 31, 1961
Assets
Mortgage loans on real estate	
Bonds and debentures (book value)
Cash on hand and in banks	
Stocks  	
Interest accrued 	
Premiums uncollected 	
Amounts due from reinsurance company .
Deduct assets not admitted—-
Stocks  	
$19,413.91
286,784.27
8,684.91
25.00
4,319.29
46,922.15
101.62
$366,251.15
Agents' balances prior to October 1, 1961
$25.00
13,574.91
13,599.91
$352,651.24
Liabilities
Provision for unpaid claims     $48,802.94
Reserve for unearned premiums (net, at 80 per cent)
Expenses due and accrued	
Taxes due and accrued	
Amounts owing on reinsurance contracts
Contingency reserves 	
All other liabilities	
Guaranteed stock—
Authorized 	
Subscribed 	
Paid up
116,941.09
3,430.19
1,836.79
20,443.64
1,500.00
9,763.76
$202,718.41
$500,000.00
215,925.00
Deficit in Profit and Loss Account
$215,925.00
65,992.17
149,932.83
$352,651.24
Premiums earned (net) 	
Claims incurred (net) 	
Adjustment expenses (net)
Commissions   	
Taxes  	
Profit and Loss Account
$268,672.88
Salaries, fees, and travelling expenses
All other expenses 	
$145,637.35
13,654.05
16,460.40
7,054.19
79,506.48
37,867.19
Underwriting profit
Other revenue 	
Other expenditure	
$35,057.25
225.06
Net profit
267,258.86
$1,414.02
34,832.19
$36,246.21
Returns for British Columbia
(See pages 56, 61, and 67.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 43
THE MUTUAL FIRE INSURANCE COMPANY OF BRITISH COLUMBIA
Head Office—Vancouver, B.C.
H. S. Berry.
W. J. Park.
E. E. Townsley.
Harry Bose.
Directors
R. U. Hurford.
Les Gilmore.
Hugh E. Burr.
H. S. Berry—President.
J. T. Oliver.
William McNair.
K. B. McKechnie.
W. M. Page.
Statement for the Year Ended December 31, 1961
Bonds and debentures (book value)
Interest accrued 	
Assets
  $ 147,380.01
         2,012.28
Agents' balances and premiums uncollected (net commission deducted)       37,399.07
Amounts owing by reinsurers        6,562.55
All other assets       11,726.90
Deduct assets not admitted
Provision for unpaid claims	
Reserve for unearned premium
Expenses due and accrued	
Taxes due and accrued	
Borrowed money 	
Reinsurance premiums 	
Reserve fund 	
Surplus  	
Liabilities
$205,080.81
21,440.35
$183,640.46
$1,500.00
69,430.85
387.36
487.16
16,427.31
28,060.15
$20,500.00
46,847.63
67,347.63
Premiums earned (net) 	
Claims incurred (net) 	
Adjustment expenses (net)
Commissions 	
Taxes  	
Profit and Loss Account
Salaries, fees, and travelling expenses
All other expenses 	
Underwriting loss
Other revenue 	
Other expenditure	
Net profit
$183,640.46
$14,854.78
973.26
6,578.87
748.13
21,687.05
7,691.51
$10,439.68
680.69
$44,652.93
52,533.60
$7,880.67
9,758.99
$1,878.32
Returns for British Columbia
(See page 57.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
■
-
■
 B 44 BRITISH COLUMBIA
NORTH WEST LIFE ASSURANCE COMPANY
Head Office—Vancouver, B.C.
Directors
C. R. Walker. R. H. Walker. H. Melchin.
P. G. Ropchan. A. S. Wright. A. Gallelli.
M. S. Devonshire. E. A. Johnson. B. Laven.
Clifford R. Walker, President.
Statement for the Year Ended December 31,1961
Assets
Bonds owned by the company  $452,628.50
Stocks owned by the company  9,305.00
Mortgage loans on real estate  121,506.83
Policy loans   14,283.41
Cash on hand and in banks  72,332.11
Investment income due and accrued  8,562.91
Outstanding life assurance premiums   895.40
Value of organizational expenses  18,319.14
Other assets   3,993.70
$701,827.00
Deduct assets not admitted—
Organizational expenses     $18,319.14
Sundries          3,993.70
       22,312.84
$679,514.16
Liabilities—Capital and Surplus
Actuarial reserves for assurance contracts in force  $443,615.40
Outstanding claims under contracts  5,393.11
Amounts on deposit with the company  1,610.24
Premiums received in advance  29.40
Special Assessment Fund  13,352.10
Interest accrued on dividends on deposit  28.18
Taxes, licences, and fees, due and accrued  1,928.07
Investment income received in advance  256.71
Deposits with business pending issue  1,600.75
Agents' credit balances  193.16
Reinsurance premiums due and payable  5,891.74
Investment reserve  10.00
$473,908.86
Capital stock paid  $154,976.70
Surplus in Shareholders Funds      25,084.32
Assurance and Annuity Funds      25,544.28
  $205,605.30
$679,514.16
 REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961 B 45
Income
Premiums—
Life assurance  $ 116,984.85
Accident and sickness assurance        2,236.68
  $119,221.53
Investment income        29,802.87
Assessments (special group)       14,861.44
Miscellaneous revenue         2,355.60
$166,241.44
Add—
Decrease in sickness and accident reserve         $313.00
Reduction provision for unreported claims, sickness and accident 255.00
568.00
$166,809.44
Disbursements
Claims incurred—
Life assurance and annuities  $48,211.63
Accident and sickness  170.14
  $48,381.77
Payments under special assessment certificates  14,840.00
Normal increase in actuarial reserve  29,894.62
Interest credited to amounts on deposit with company  39.39
Taxes, licences, and fees  2,332.87
Commissions on assurance premiums  7,330.31
General expenses  67,615.52
Increase in Special Assessment Fund reserve  648.25
Dividends to policyholders j  949.96
172,032.69
Excess of disbursements over income       $5,223.25
Returns for British Columbia
(Seepage 51.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
.
 B 46
BRITISH COLUMBIA
PACIFIC AUTOMOBILE AND FIRE INSURANCE COMPANY
Head Office—Vancouver, B.C.
Directors
Ivan B. Quinn. Arthur H. Ray. Joseph Turner.
Jordon Grey.
Arnold Bickell Cliff.
Arthur Hugo Ray, President.
George Robinson.
Andrew A. Keating.
Statement for the Year Ended December 31, 1961
Assets
Bonds and debentures (book value).
Cash on hand and in banks	
Interest accrued	
Agents' balances	
Amounts owing by reinsurers	
All other assets	
Deduct assets not admitted .
Liabilities
Provision for unpaid claims.
Adjustment expenses
Unearned premium (net at 80 per cent)	
Reserve and unpaid losses under unlicensed reinsurance.
Expenses due and accrued	
Taxes due and accrued	
Amounts owing on reinsurance contracts .
Agents' credit balances, return premiums .
$135,790.00
12,598.58
1,310.80
6,605.75
4,524.95
87,614.44
$248,444.52
2,519.44
$245,925.08
$17,416.96
1,700.00
41,181.01
6,687.22
4,889.39
2,846.23
7,773.03
34,437.78
$116,931.62
Capital stock—
Authorized
Subscribed .
Paid up	
Deficit 	
$300,000.00
150,000.00
$150,000.00
21,006.54
128,993.46
$245,925.08
Premiums earned (net)	
Claims incurred (net)	
Adjustment expenses (net)
Commissions	
Taxes	
Profit and Loss Account
$98,994.65
Salaries, fees, and travelling expenses.
Management fee	
All other expenses	
$37,225.59
3,604.10
21,273.50
3,268.37
9,150.69
7,816.62
7,490.58
89,829.45
Underwriting profit
Other revenue	
Other expenditure 	
Net profit
$4,637.86
1,440.00
,165.20
3,197.86
$12,363.06
Returns for British Columbia
(See page 62.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
iris
 REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961
B 47
PACIFIC COAST FISHERMEN'S MUTUAL MARINE INSURANCE COMPANY
Head Office—Vancouver, B.C.
Directors
M. Berg.
H. Skorpnes.
H. Lloyd.
E. Wick.
E. Nielsen.
A. Petersen.
O. Bjorge.
C. Lindrupson.
M. Pederson.
A. Rentoul.
H. Tobiasen.
E. Bredalsen.
L. Wilman.
G. Hansen.
F. Gale.
F. York.
W. Mead-Miller.
P. Moyede.
B. Warnock.
R. Emerson.
M. Pederson, President
Statement for the Year Ended December 31, 1961
Assets
Mortgage loans on real estate	
Bonds and debentures (book value)	
Book value of stocks	
Cash on hand and in banks.
Interest accrued	
Agents' balances and premiums uncollected (net, commission deducted)
Amounts owing by reinsurers	
All other assets  	
$29,200.00
429,083.35
990.00
59,433.78
7,210.86
65,520.32
15,287.88
2,910.73
$609,636.92
Deduct assets not admitted—
Agents' balances prior to October 1,
Prepaid rent	
Investments	
1961
Miscellaneous .
$27,186.39
1,499.90
35,990.00
55,278.79
Liabilities
Provision for unpaid claims.
Reserve of unearned premium (net at 80 per cent).
Expenses due and accrued	
Return premiums and balances due agents 	
Reserve for lay-up periods	
Guarantee stock—
Authorized 	
Subscribed	
Paid up
119,955.08
$489,681.84
$57,300.00
153,660.53
600.00
5,661.62
45,000.00
$25,000.00
17,710.00
Contingency reserve
Surplus 	
Premiums earned (net)	
Claims incurred (net)	
Adjustment expenses (net).
Taxes	
Profit and Loss Account
$17,710.00
85,514.41
124,235.28
227,459.69
$489,681.84
Salaries, fees, and travelling expenses
All other expenses	
$113,797.37
3,842.00
365.00
27,433.96
17,006.16
$351,239.41
Underwriting profit
Other revenue—Interest earned .
Net profit	
162,444.49
$188,794.92
22,427.66
$211,222.58
Returns for British Columbia
(See page 71.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 B 48 BRITISH COLUMBIA
ROBERTS MUTUAL FIRE INSURANCE COMPANY
Head Office—Clearbrook, B.C.
Directors
C. Thiessen. H. Neufeld. M. Friesen.
C. Hiebert. H. Epp. H. Peter.
J. Penner. J. Martens. P. Barg.
F. Klassen, President.
Statement for the Year Ended December 31, 1961
Assets
Agreement for sale of real estate  $5,394.41
Mortgage loans on real estate  650.00
Bonds (book value)  2,000.00
Stocks (book value)  3,000.00
Cash on hand and in banks  3,072.78
Interest accrued   803.78
Agents' balances  1,345.68
Incorporation expenses   544.09
All other assets  6,367.21
$23,177.95
Deduct assets not admitted—
Incorporation expenses   $544.09
Prepaid expenses   1,682.60
Stocks   3,000.00
Miscellaneous   4,300.00
9,526.69
$13,651.26
Liabilities
Reserve for unearned premium (net 100 per cent)  $8,413.02
Expenses due and accrued  300.00
Amounts owing on reinsurance contracts  241.22
Provision for claim pending    881.89
$9,836.13
Guarantee stock—
Authorized  $ 100,000.00
Subscribed         2,400.00
Paid up      $285.00
Surplus      3,530.13
3,815.13
$13,651.26
Profit and Loss Account
Premiums earned (net)       $5,292.33
Claims incurred (net)  $881.89
Commissions  2,314.10
Taxes -  75.78
Salaries, fees, and travelling expenses  446.89
All other expenses   401.73
4,120.39
Underwriting profit     $1,171.94
Other revenue—Interest earned         850.76
Net profit     $2,022.70
Returns for British Columbia
(Seepage 57.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961
B 49
ROYAL GENERAL INSURANCE COMPANY OF CANADA
Head Office—Vancouver, B.C.
Brenton S. Brown.
Ralph T. Cunningham.
Geoffrey Davey.
Nicholas Dekker.
Directors
Thomas S. Dixon.
William F. Foster.
J. Victor Herd.
Fred O. Hodgson.
Nathan H. Wentworth, President.
Albert R. Jube.
George R. Parsons.
Howard D. Vore.
Nathan H. Wentworth.
Statement for the Year Ended December 31, 1961
Assets
Bonds and debentures (amortized book value).
Cash on hand and in banks	
Interest accrued	
Agents' balances and premiums uncollected .
Amounts owing by reinsurers	
Liabilities
Expenses due and accrued.
Taxes due and accrued	
Reinsurance premiums	
Capital stock—
Authorized 	
Subscribed 	
Paid up	
Surplus 	
Profit and Loss Account
Salaries, fees, and travelling expenses.
All other expenses	
Underwriting loss
Other revenue—
Interest earned	
Increase in amortized over book value.
Other expenditure—
Income taxes	
Investment expenses
Net profit
$464,662.22
26,420.81
4,555.87
30,284.11
8,926.85
$534,849.86
$800.00
4,617.32
30,284.11
$1,000,000.00
100,000.00
100,000.00
399,148.43
$534,849.86
$2,390.00
260.04
$2,650.04
$18,064.48
319.21
$7,617.32
179.81
18,383.69
7,797.13
$7,936.52
Note.—The entire business of this insurer is reinsured.
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
'
 B 50
BRITISH COLUMBIA
SEABOARD LIFE INSURANCE COMPANY
Head Office—Vancouver, B.C.
Gilbert Arnold.
Brenton S. Brown.
A. B. Christopher.
Ronald L. Cliff.
Ralph T. Cunningham.
Directors
W. H. Day.
L. St. M. DeMoulin.
Malcolm Fergusson.
Carl I. Hall.
Allan M. McGavin.
Harry J. Seed, President.
John A. McMahon.
Arthur Phillips.
Harry J. Seed.
John J. West.
Charles H. Wills.
Statement for the Year Ended December 31, 1961
Assets
Bonds owned by the company	
Mortgage loans on real estate	
Deposits with trust companies for investment
Cash on hand and in banks	
Investment income due and accrued	
Outstanding life insurance premiums	
Accident and sickness premiums due and unpaid (net) after September 30
Other admitted assets 	
$731,629.70
86,580.29
50,000.00
3,507.83
5,884.70
5.96
17,658.42
4,825.00
$900,091.90
Liabilities—Capital and Surplus
Actuarial reserves for life assurance contracts in force	
Aggregate reserve for accident and sickness insurance
  $717.00
       59,700.00
Outstanding claims under contracts, including provision for unreported claims       15,000.00
Assurance premiums and accident and sickness premiums received in advance	
Taxes, licences, and fees due and accrued	
Amounts received but not yet allocated	
Reinsurance premiums due and payable	
Miscellaneous payables and expense items	
Capital stock paid
Deficit 	
Life assurance premiums	
Accident and sickness insurance premiums
Net investment income	
Income
Disbursements
Accident and sickness insurance claims
Normal increase in actuarial reserve	
Increase in aggregate reserve for accident and sickness assurance
Taxes, licences, and fees
Commission on assurance premiums
General expenses 	
1,622.00
3,807.58
196.66
5,168.01
1,035.74
$87,246.99
1,012,200.00
199,355.09
$900,091.90
$1,105.14
206,152.41
31,478.83
$238,736.38
  $32,741.41
  717.00
  59,700.00
  7,669.58
  104,270.65
  235,270.73
$440,369.37
Returns for British Columbia
(See pages 51 and 73.)
Statements of Provincial companies are checked and are amended, if necessary, and are
published in this Report subject to inspection.
 TABLE I.—ABSTRACT OF LIFE INSURANCE RETURNS FOR 1961
(Figures shown in nearest dollar.)
B 51
Insurer
Premium Income
Assurance
Annuities
Sinking
Fund
Payments
Disbursements
Assurance
On Death
or
Maturity
On Surrender, for
Disability,
Dividends,
etc.
Annuities
To
Annuitants
On Death,
Surrender,
etc.
Exhibit of Policies
In Force,
Jan. 1,
1961
New
Issued
In Force,
Dec. 31,
1961
Aetna Life Insurance Co.	
Alliance Mutual Life Insurance Co..
Allstate Life Insurance Co-
Beacon Insurance Co. Ltd..
' Ordinary—
1 Group	
' Ordinary-
Group	
-Ordinary—
 Ordinary—
. f Ordinary—
{ Group	
California-Western States Life Insurance Co. Ordinary-
Canada Life Assurance Co f Ordinary-
Group	
Canadian Premier Life Insurance Co. } Ordinary—
Group.
British Pacific Life Insurance Co-
Commercial Life Assurance Co. of Canada } Ordinary-
1 Group	
Commercial Union Assurance Co. Ltd. __Ordinary_
Confederation Life Association ( Ordinary-
Group .
Continental Assurance Co-
Continental Life Insurance Co..
Co-operative Life Insurance Co-
Credit Life Insurance Co.	
Crown Life Insurance Co.	
Cuna Mutual Insurance Society..
Ordinary-
Group	
' Ordinary-
Group	
' Ordinary-
Group—
' Ordinary-
Group	
Ordinary..
Group—
" Ordinary..
Group.
Desjardins Mutual Life Assurance Co. } Ordinary-
Group—
Dominion Life Assurance Co. J Ordinary-
Group	
Dominion of Canada General Insurance Co— ] Ordinary-
Group	
T. Eaton Life Assurance Co J Ordinary-
Group	
Empire Life Insurance Co. | Ordinary..
Group.
Equitable Life Assurance Society of the United j Ordinary-
States / Group	
Equitable Life Insurance Co. of Canada J Ordinary...
* Group	
Excelsior Life Insurance Co | Ordinary-
Group	
Federal Life & Casualty Co —Group	
Fidelity Life Assurance Co J Ordinary-
Group	
Global Life Insurance Co j* Ordinary-
1 Group	
Great-West Life Assurance Co j Ordinary-
Group	
Holland Life Insurance Society Ltd J Ordinary-
Group	
Imperial Life Assurance Co. of Canada j Ordinary—
i Group	
Industrial Life Insurance Co j Ordinary-
Group	
John Hancock Mutual Life Insurance Co. J Ordinary-
Group	
Life Insurance Co. of Alberta j" Ordinary-
1 Group.
London & Scottish Assurance Corporation Ltd. J Ordinary-
Group	
' Ordinary-
London Life Insurance Co -j Industrial..
Group-
National Life Assurance Co. of Canada.
New York Life Insurance Co.	
Loyal Protective Life Insurance Co. | Ordinary...
i Group	
Maccabees Mutual Life Insurance Co. —Ordinary-
Manufacturers Life Insurance Co. f Ordinary...
\ Group	
Maritime Life Assurance Co. —Ordinary—
(Ordinary—
Industrial-
Group	
Ministers Life & Casualty Union —Ordinary-
Minnesota Mutual Life Insurance Co f Ordinary...
1 Group	
Monarch Life Assurance Co. j Ordinary-
\ Group	
Montreal Life Insurance Co j Ordinary-
\ Group	
Munich Reinsurance Co —Ordinary-
Mutual Life Assurance Co. of Canada S Ordinary-
1 Group	
Mutual Life Insurance Co. of New York j Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary—
J Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary—
\ Group	
Ordinary-
Industrial..
Group	
Ordinary-
Group	
Ordinary-
Group	
Ordinary.
North American Life & Casualty Co.
North American Life Assurance Co-
North West Life Assurance Co.	
Northern Life Assurance Co.	
Norwich Union Life Insurance Society-
Occidental Life Insurance Co. of California	
Old Republic Life Insurance Co.	
Paul Revere Life Insurance Co.	
Pearl Assurance Co. Ltd.	
Prudential Assurance Co. Ltd	
Prudential Insurance Co. of America.
Royal Insurance Co. Ltd	
Seaboard Life Insurance Co.
Sovereign Life Assurance Co. of Canada..
Standard Life Assurance Co—	
State Farm Life Insurance Co.	
Sun Life Assurance Co. of Canada.
Travelers Insurance Co.	
United Benefit Life Insurance Co._
Victory Insurance Co. Ltd..
f Ordinary..
| Group	
 Ordinary..
' Ordinary-
Group	
Ordinary-
Group—
' Ordinary-
Group—
„Ordinary~
Wawanesa Mutual Life Insurance Co.  Ordinary-
Western Life Assurance Co. Ordinary-
Totals for 1961	
Totals for 1960	
$142,506
385,909
6,421
365
3,615
40,357
29,119
13,491
Nil
2,835,831
845,962
113,619
9,720
101,658
5,439
2,142,299
391,587
50,322
3,404
360,852
7,341
192,065
84,777
"72.508
1,987,084
710,984
61,857
1,329,522
~Tl~471
1,525,955
31,907
191,670
3,479
152,562
33,589
287,773
12,541
5,183
28,668
307,947
10,104
1,028,905
44,187
17,963
245,724
2,756
136
152
3,561,115
694,963
58,076
1,331
1,708,183
93,339
3,576
10,513
143
18,367
28,352
98
34,215
3,319
5,728,769
53,787
619,339
16,896
114,778
2,688,153
71,024
10,616
4,813,204
1,163,576
574,501
12,763
559
2,802
1,301,568
1,601
322,293
6,874
160
5,984,344
356,972
499,983
5,426
492,749
88,535
1,038,608
129,220
186,072
95,503
2,743,452
152,231
98,160
5,289
131,325
949
269,353
6,553
719,236
35,419
19,492
3,043
18,294
210
3,375
1,027,538
30,246
2,775,042
414,696
273,410
172,988
2,174
402
239
240,031
617,764
194,460
1,452
5,357,711
2,015,161
310,425
313,505
77,192
1,920
159
2,687
41,357
$6,257
170,014
9
Nil
337,109
189,556
1,340
8,864
545
9,934
12,659
68,701
320,622
100
—594
12,096
84,341
274,557
1,039,356
106,788
48,241
15,151
14,345
55,759
17^329
46,290
294
30,744
9,735
20,585
5,191
"l8.846
349,623
1,426,706
~600
408,927
79,369
9,252
1,930
12,724
138,455
217,731
719,679
287,423
62
15,191
108,186
98,295
35,277
11,504
99,856
~7l5./747
263,825
708
9.015
107,559
1,060
3^647
336,157
1,007,631
2,553
730
~92
12,115
18,676
143,427
3,527
59,978
166
14,928
270,281
3,282,902
~193.447
948,710
104
106
484
$66,484,491
$63,174,865
$14,343,129
$12,598,525
$42,510
290,099
3,000
Nil
725,264
550,879
12,724
~21,669
2,153
708^312
306,729
18,800
315
105,713
500
25,667
68,249
~77-21
580,222
442,248
14,992
749,973
7^40
393,785
26,436
39,979
21~467
18,900
40,914
11.614
38,014
43,757
"250^462
22,064
33,330
29,460
5,955
1,128,011
470,141
8,000
552,293
81,766
~~2A55
"~7.625
5,230
~"__1,332~
7,035,865
29,980
378,548
500
""21.250
930,772
16,669
1,551
943,464
407,361
225,249
3,000
287,448
54i660
2,500
7,809,729
197,529
34,199
252
121,993
62,935
210,780
56,077
11,889
13,577
869,692
88,635
32,675
28,054
3,000
20,520
""785,549"
25,427
9,908
73,450
27728
91,036
28,500
690,642
157,994
202,972
114,439
52,774
122,108
88,700
1,926,133
1,204,801
184,485
173,486
9,511
10,000
29,524
$53,008
7,763
217
58
2.698
10
-----
996,796
100,483
6,902
"39.93.
511
871,773
3,697
11,058
139^885
"25.780
7,734
513,762
15,251
11,329
404,273
""2/157
722,979
33,728
24.204
83,106
~67692
11,074
68,935
"290^541
566
68776
250
—8
71454,157
13,252
1,663
42
620,076
—2,500
144
488
36
3,739
5,281
1 24,807
2702.288
60,429
123,994
3,627
~51~031
910,434
~3.57_
1,567,722
1,010,031
159,911
2,571
322
455,656
j967-65
41
"2,711,722
67,492
117,774
1,467
78,869
10,414
461,481
22,864
29,001
1,062.028
4,359
9,583
170
45,040
67
105,422
66754
912
~25
362,034
1,180,247
342,966
71,725
70,984
94,883
298,170
23,663
385
2,264,266
753,302
107,732
51,619
5,152
13,256
$594
15,898
1,200
Nil
153,221
33,428
2,465
1,029
200
45,272
714
3,540
5,006
49,810
81,759
36,676
16,142
722
2,603
640
10,602
21,244
2,810
675
114,652
153,625
46,339
34,192
1,941
~843
~M98
277)12
5,862
114,024
4,136
592
5,720
610
Nil
$100,071
29,017
2,250
1,865
4,433
258,443
83,262
5,825
16,536
122,584
167,882
73,748
725
15,534
2,305
14,454
~WA22
8,146
~125
744
~5il91
108
8,160
176,766
367,736
154,957
14,559
1,255
63
48
6,104
66,330
79J452
68,502
24,202
163,482
37,587
48^56
39,586
1,461
2,781
27,392
6,950
17,687
196,730
26,400
630
189,387
36,815
442
5,540
8,172
9,456
7,927
16,419
96
1,094
101,776
93,927
150,196
389,565
20
1,052
993
2,190
18,614
4,558
6,458
24,993
1,287
27,650
2,691
28,050
33,063
99,900
274,651
22,253
197,595
388,454
162,678
260,001
1,444
67,461
240,452
1,344
2,758
$21,162,289
$18,487,627
$23,629,593
$21,415,461
$2,572,001 I $3,708,063
$5,999,991
66,731,325
1,039,584
49,371
4,065,404
1,115,978
1,268,500
Nil
133,117,559
76,569,010
11,242,894
385,160
5,517,280
948,840
44,050
101,562,421
57,965,651
2,047,885
305,108
19,351,327
772,271
7,573,723
3,838,954
1,563,375
94,025,830
86,819,944
3,846,160
159,357,872
"7417,812
67,484,658
2,866,155
11,241,034
437,226
6,444,606
8,936,300
15,400,641
253000
357,337
3,270,684
16,325,092
228,804
42,670,407
4,378,942
~7l,838,104
225,635
168,391,977
121,551,651
3,924,570
91,600
73,872,610
14,418,386
236,397
1,264,097
9,800
1,679,502
1,868,968
28,905
1,402,054
106,472
302,084,435
1,414,317
81,410,872
563,889
4,395,168
130,526,428
8,203,882
834,382
214,048,208
27,598,405
72,425,400
547,159
12,606
355,449
66,790,737
77,698
16,815,596
388,030
304,301,480
45,983,189
20,479,252
766,327
25,822,261
28,682,401
45,665,417
15,872,357
10,657,759
12,375,347
132,483,636
22,560,478
2,635,527
745,511
8,566r586^
66,500
10,301,631
300,000
89,239,442
2,728,518
"7355.265
91,394
4,365,161
17,482
1,568,758
31,421,312
4,209,918
116,116,137
8,798,580
34,923,906
9,801,052
234,400
11,719,162
24,074,816
25,431,090
31,000
256,924,262
217,022,988
16,554,100
53,324,791
3,188,565
237,500
1,719,237
$2,295,108 I $3,657,768
$3,961,606,049
$3,580,926,062
$33,000
2,308,000
112,046
1,020,833
678,999
1,304,884
1,505,295
Nil
19,167,533
12,532,076
3,207,579
14,306
1,397,954
37,000
9,795,510
4,280,725
244,000
~i]927,068
254,500
1,044,617
6,316,708
12,583,744
121,833,718
808,993
338,081
"~67.565
9,072,779
373,500
955,656
~ 892,072
1,607,500
1,694,553
31,000
39,000
1,038,102
1,893,360
7,954,459
1,129,638
2,464,254
2,684,719
95,000
21,324,447
20,633,330
1,499,903
29,000
10,465,434
1,116,000
238,415
294,685
328,276
91,300
1,654,398
479,066
38,852,438
3,184,775
81,000
"4257615
16,292,501
4,414,292
38,533
30,350,378
3,362
9,005,646
56,712
1,529
10,108,263
374,462
2,117,444
171,205
9,131
48,600,020
8,133,887
3,175,035
25,000
5,378,886
12,329,412
3,535,604
3,451,201
3,287,576
17,353,029
2,465,358
3,887,615
279,120
2,546,167
1^455,211
172,500
29,793,945
3,131,617
~225,020
153,006
4,379,923
450,027
13,212,001
335,006
5,902,000
2,627,709
4,600
228,810
1,007,047
4,109,348
486,000
40,000
37,112,160
36,326,662
2,578,400
7,454,411
571,501
20,000
9,130
263,568
495,669
$675,375,047
$544,116,858
$5,645,677
49,573,435
1,000,722
56,612
935,057
4,333,139
1,945,736
3,385,034
Nil
141,214,069
77,044,128
13,559,355
335,173
5,534,852
951,118
43,450
104,394,461
54,100,797
2,032,723
404,545
17,957,263
1,146,500
7,570,540
10,603,228
"7,508,904
99,005,469
183,012,876
4,384,580
169,742,269
3,000
1,949,593
69,623,590
3,146,838
10,062,184
661,537
6,810,042
9,851,400
15,827,924
196,000
423,996
2,496,426
16,392,971
2,171,628
45,909,007
4,906,204
2,516,049
12,744,154
532,201
175,385,302
143,406,154
4,428,630
159,600
75,220,978
12,667,389
508,863
697,677
9,800
2,002,178
2,015,188
91,300
2,832,269
571,693
320,164,042
1,344,184
80,134,981
550,037
""£255^4-2
135,903,572
15,039,893
821,241
222,094,603
25,383,615
72,921,673
588,071
11,877
681,291
69,171,656
418,030
16,705,590
527,195
9,131
329,020,138
56,368,678
21,118,439
711,583
28,278,264
31,941,214
44,215,679
15,894,779
12,308,587
13,935,976
138,101,546
25,133,573
3,941,624
458,620
9,225,152
35,000
10,888,164
346,034
108,956,893
6,929,889
1,875,642
190,346
5,271,662
7,533
1,591,121
33,220,186
4,749,180
117,934,666
8,446,982
33,064,961
11,693,283
221,000
4,600
228,810
11,883,058
26,372,642
25,567,790
106,545
270,808,599
241,100,082
16,486,400
59,986,300
3,272,902
220,500
9,130
252,147
2,095,374
$4,288,840,914
$3,950,503,847
  REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961
B 53
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BRITISH COLUMBIA
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 REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961
B 55
TABLE IV.—FIRE INSURANCE PREMIUMS AND LOSSES FOR 1961
(Figures shown in nearest dollar.)
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$169,439
22,846
113,749
5,111
121,420
66,699
18,118
83,202
53,032
4,110
27,296
27,412
57,285
17,972
51,650
97,227
138,551
34,277
32,251
40,816
35,600
146,516
158,543
26,437
15,554
30,851
71,524
36,537
79,990
83,956
27,084
121,661
— 1,992
— 13,947
123,186
38,613
-43
8,558
215,129
84,383
34.194
342,233
93,033
17.006
48.621
107,193
33,372
11.978
139.733
122,012
8,980
81.324
176.766
1,399
— 1,933
46,663
3,845
171,510
18,537
122,811
203,746
212.466
47,913
39,666
(2)
$187,049
—7,039
— 13
125,371
2,196
181,049
58,091
41,504
71,075
91,055
3,189
27,213
30,889
131,022
14,283
54,099
99,249
137,620
30,606
14,180
37,967
20,707
157,421
126,554
17,893
18,001
21,439
73,506
38,068
83,293
54,525
25,162
136,717
13,494
-528
77,264
33,305
503
9,434
162,170
52.285
27,381
261,229
101,219
18.200
39,882
105.729
39.384
7.901
105.686
93,545
10,131
98,213
65,986
3,183
49,001
44,483
2,107
67,172
8,589
94,414
201.055
128,914
31,603
53,026
(3)
$112,018
8,090
-13
60,080
193
45,232
24,020
7,704
51,034
20,601
689
9,971
2,283
32,165
3,990
17,044
41,139
49,047
12,816
6,323
—7,880
2,262
1,107
57,792
8,681
3,815
10,418
23,253
10,165
21,515
31,723
11,930
45,712
6,015
-1,241
44,082
13,828
22
2,898
95,375
48,010
11,075
120,553
112,264
10,910
21,244
21,395
9,856
1,642
95,685
26,422
2,919
49,724
71,263
421
11,770
23,131
373
36,273
10,753
58,394
89,891
37,987
6,568
10,065
Per Cent
59.89
47.90
8.79
Alliance Assurance Co. Ltd    ..    -	
24.98
41.34
18.56
American Equitable Assurance Co. of New York .	
71.80
22.62
21.61
36.64
7.40
Atlas Assurance Co. Ltd..  	
24.55
27.94
Baltica Insurance Co. Ltd        	
31.51
41.45
Bankers & Traders Insurance Co. Ltd    	
35.64
41.87
44.59
10.92
0.70
45.67
48.52
21.19
48.59
31.63
British Oak Insurance Co. Ltd   .—	
26.70
25.83
58.00
47.41
33.44
44.58
57.05
41.52
4.37
30.70
58.81
91.82
40.45
110.91
53.27
Casualty Co. of Canada   _._'._ _. \. ...
20.80
90.50
50.63
13.22
Cornhill Insurance Co. Ltd.—  	
44.71
$4,553,671'
| $4,109,901
$1,774,486
 B 56 BRITISH COLUMBIA
TABLE IV.—FIRE INSURANCE PREMIUMS AND LOSSES FOR 1961— Continued
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$4,553,671
90,438
81,560
277,651
5,121
19,738
3,418
-608
49,995
216,865
190,158
116,713
51,244
69,171
118,565
241,399
14,282
78,972
23,013
814,601
23,242
16,827
61,672
212,679
77,274
259,956
2,360
4,037
132,907
1,863
5,796
Nil
226,024
119,626
60,297
164,248
37,562
221,745
50,555
358,379
77,274
57,242
43,348
238,143
11,506
62,118
50,810
85,973
4.130
28,542
168,427
33,780
11,165
100,491
233,570
2,379
32,826
203,373
25.213
32,298
13.024
119,811
23,287
31,993
-4,830
47,631
16.278
476.156
(2)
1 $4,109,901
58,422
36,194
237,353
2,533
19,708
7,459
26,089
47,660
154,376
207,232
106,995
56,247
138,407
189,644
146,212
14,251
95,663
6,501
812,686
19,148
6,653
41,478
171,858
72,793
162,180
2,369
1,642
103,104
778
(3)
$1,774,486
72,056
39,563
103,936
144
49,890
1,643
19,872
24,783
37,461
49,530
51,944
13,118
26,736
27,455
51,220
3,664
37,932
15,923
295,131
10,422
1,931
22,711
70,960
38,020
94,275
Per Cent
123.33
109.31
43.79
5.68
English & American Insurance Co. Ltd  _     ■   ~     	
253.14
22.03
76.17
52.00
24.27
Federated Mutual Implement & Hardware Insurance Co—
23.90
48.54
23.32
19.32
14.48
35.03
25.71
General Accident Assurance Co. of Canada 	
General Accident Fire & Life Assurance Corporation Ltd.—
39.65
244.93
36.31
54.43
29.02
54.75
41.29
Globe Indemnity Co. of Canada   — —
52.23
58.13
3
22,267
818
4,031
Nil
98,363
58.684
24.399
56,190
7,407
243,785
24,383
81,373
38.020
17,361
11.781
169,121
6,084
26,284
23.555
40,674
715
6.431
85.232
11,655
3.034
38.148
85.297
1.596
12,049
86,156
11,843
18,696
21.59
105.14
Nil
218,384
111.490
76,751
156,394
21,281
211,933
64,125
276,307
72,793
35,869
37,589
248,405
9.580
63,408
68,364
85,120
3,666
30,551
160,496
26,639
9,664
103,862
230,880
5,354
32,125
205,016
30,916
35,556
8.314
74,510
14,995
272
36.849
43,871
-1,104
472,441
45.04
52.64
31.79
35.93
34.81
115.03
38.10
29.45
52.23
Imperial Guarantee & Accident Insurance Co. of Canada	
48.40
31.34
68.08
63.51
41 45
Law, Union & Rock Insurance Co. Ltd.—	
34.45
47.78
19.50
21.05
Liverpool & London & Globe Insurance Co. Ltd.	
53.11
43.75
London & County Insurance Co. Ltd     —	
London & Lancashire Guarantee & Accident Co. of Canada
London & Lancashire Insurance Co. Ltd. _.
31.39
36.73
36.34
29.81
37.51
42.02
38.00
52.58
4.244
3.455
20.418
12.142
20.763
8.438
116.776
5.70
23.04
7,506.62
Merchants Fire Assurance Corporation of New York	
32,95
47.33
24.72
$11,278,974
$10,338,202
$4,436,477
 REPORT OF THE SUPERINTENDENT OF INSURANCE, 1961 B 57
TABLE IV.—FIRE INSURANCE PREMIUMS AND LOSSES FOR  1961—Continued
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$11,278,974
28,433
46,843
53,108
48,716
139,085
7,333
69,533
9,741
1,944
66,522
56,919
27,954
1,493,411
65,009
116,961
4,859
240,721
619,353
— 31,953
234,856
53,420
105,526
Nil
15,473
27,296
110,731
25,058
22,331
212,130
939
88,710
374,888
173,916
24,301
-2
60.125
106.522
311.864
7.524
171,716
23,645
90,350
68.160
108,152
—4
9.884
5,774
266,501
Nil
455.836
43.768
106.063
95.224
68.339
27.589
11.842
76,593
72.901
28.893
10,359
11.392
29.182
26.193
29,946
33.145
2.076
60.756
(2)
$10,338,202
22,513
56,678
57,902
44,653
136,377
9,442
23,628
3,164
35,402
95,706
36,379
168,332
1,836,332
65,986
121,228
56,974
235,550
580,512
47,970
235,656
50,720
87,484
Nil
16,411
26,951
113,035
31,082
19,328
241,647
445
83,537
405,772
91,826
21,034
-2
54,380
81,970
330,216
10,935
169,992
20,724
102,513
59,997
102,620
29
10.749
4,292
230,129
mi
454,107
42.832
75,018
58.034
72.513
20.963
10.831
74.956
65.459
33.145
5.509
13.835
43.539
34,605
17.087
44.687
—562
68.184
(3)
$4,436,477
6,571
19,107
20,408
14,855
49,072
19,140
31,027
271
16,130
33,352
12,647
—6,883
1,104,889
25,369
53,945
16,193
88,361
151,852
7,958
85,596
21,399
42,793
Nil
—7,157
9,971
46,853
11,513
6,069
84,061
510
42.388
242,937
26,127
6,605
Per Cent
	
Motor Union Insurance Co. Ltd  .  	
29.19
33.71
35.25
33.30
National Employers' Mutual General Insurance Assn. Ltd.
35.98
202.71
131.31
New India Assurance Co. Ltd       .—
8.56
45.56
34.00
New Zealand Insurance Co. Ltd       -
34.76
Non-Marine Underwriters, Members of Lloyds, London,
Eng.                                                      .~ — _ -
60.17
Nordisk Reinsurance Co. Ltd  	
North British & Mercantile Insurance Co. Ltd 	
38.40
44.50
28.42
Northern Assurance Co. Ltd     -	
37.51
26.16
16.58
36.32
42.19
48.92
37.00
41.45
37.04
31.40
34.79
114.61
50.74
59.87
28.45
31.40
12,757
37,685
86.821
6,384
34,878
11.512
39,658
14.413
21,372
23.46
45.97
Prudential Assurance Co. Ltd  	
26.29
58.38
20.52
55.55
38.69
24.02
Reliance Insurance Co. of Philadelphia  •'•
20.83
953
882
71,673
Nil
177.550
16.065
48.485
24.234
37.434
18,946
6.604
28,115
23.689
16,160
186
2,821
13.181
10.276
4.215
19,484
53
22.276
8.87
20.55
31.14
39.10
37.51
64.63
41.76
51.62
Scottish Canadian Assurance Corporation. 	
90.37
60.97
Scottish Metropolitan Assurance Co. Ltd -  	
37.51
36.19
48.75
3.40
20.39
29.71
South British Insurance Co. Ltd.  ■
29.70
24.67
43.60
32.67
$18,233,349 l$17,711,144
1
$7,529,168
 B 58 BRITISH COLUMBIA
TABLE IV.—FIRE INSURANCE PREMIUMS AND LOSSES FOR 1961—Continued
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$18,233,349
161,568
101,485
69,041
571
62,318
43,967
264,202
Nil
29,596
18,021
11,862
44,844
54,837
42,753
84,671
41,844
173,455
721,177
69,994
-5
220,044
48,874
Nil
7,637
43,768
258,764
141,978
(2)
$17,711,144
139,852
119,804
42,771
96
50,532
46,718
233,020
Nil
34,910
11,304
5,614
50,101
77,061
54,343
80,069
22,916
199,878
660,868
66,723
36
184,245
44,739
Nil
8,063
42,833
299,358
193,924
(3)
$7,529,168
43,912
45,176
39,281
Per Cent
31.40
Switzerland General Insurance Co. Ltd  _ 	
37.71
91.84
24,964
19,303
102,404
Nil
8,661
3,284
1,643
5,646
16,736
11,012
31,691
9,412
90,585
242,122
34,696
86,127
5,018
Nil
15,287
16,065
92,750
61,306
49.40
41.32
43.95
24.81
United British Insurance Co. Ltd.    .—   .—    	
29.05
29.27
11.27
21.72
20.26
Universal Reinsurance Co. Ltd  	
39.58
41.07
Victory Insurance Co. Ltd —           _ 	
45.32
36.64
52.00
46.75
11.21
World Auxiliary Insurance Corporation Ltd	
189.59
37.51
Yorkshire Insurance Co. Ltd 	
30.98
31.61
Totals for 1961
$20,950,615 |$20,380,922
$8,536,249
41.88
Totals for 1960      .	
$21,227,946
$19,997,505
$13,781,435
68.92
Reciprocal Exchanges
Name of Exchange
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
America! Reciprocal Insurers-
Canadian Reciprocal Insurers..
Canners Exchange Subscribers at Warner Inter-Insurance
Bureau	
Lumbermen's Underwriting Alliance	
Retail Lumbermen's Inter-Insurance Exchange-
Truck Insurance Exchange 	
Totals for 1961	
Totals for 1960	
(1)
$13,145
4,479
48,697
1,205,854
5,169
106,052
(2)
$91,701
3,658
41,088
,114,235
5,061
113,831
$1,383,396 | $1,369,574
$1,426,932
$1,308,356
(3)
$3,655
198
231
735,604
141
86,023
Per Cent
3.99
5.40
0.56
66.02
2.78
75.57
$825,852 [        60.29
$812,312
62.09
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 59
TABLE V.—FIRE INSURANCE SUMMARY
(Figures shown in nearest thousand.)
Year
Net Premiums
Written
Net Premiums
Earned
Net Losses
Incurred
Ratio Losses
Incurred to
Premiums
Earned
1957
1958    .
1959               	
$16,076,000
17,715,000
20,807,000
21,228,000
20,951,000
$14,411,000
16,723,000
17,394,000
19,998,000
20,381,000
$10,722,000
9,333,000
11,397,000
13,781,000
8,536,000
Per Cent
74.40
55.81
65.52
1960               	
68.92
1961-   _         _ _
41.88
 B 60
BRITISH COLUMBIA
TABLE VI—AUTOMOBILE INSURANCE PREMIUMS AND LOSSES FOR 1961
(Figures shown in nearest dollar.)
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
Acadia Insurance Co.— 	
Adanac General Insurance Co. of Canada-
Adriatic Insurance Co —  .	
Aetna Casualty & Surety Co-
Aetna Insurance Co	
Albion Insurance Co. of Canada-
Alliance Assurance Co. Ltd	
Allstate Insurance Co 	
Alpina Insurance Co. Ltd	
American Insurance Co	
American Mutual Liability Insurance Co...
American National Fire Insurance Co	
Anglo-Scottish Insurance Co. Ltd	
Atlas Assurance Co. Ltd	
Baloise Marine Insurance Co. Ltd	
Bankers & Shippers Insurance Co. of New York-
Bankers & Traders' Insurance Co. Ltd	
Beaver Insurance Co	
Bee Insurance Co 	
Boston Insurance Co	
British America Assurance Co...
British Canadian Insurance Co-
British Empire Assurance Co...
British Northwestern Insurance Co-
British Oak Insurance Co. Ltd 	
British Traders' Insurance Co. Ltd	
Caledonian-Canadian Insurance Co..
Caledonian Insurance Co.- 	
Calvert Fire Insurance Co	
Cambrian Insurance Co. Ltd	
Canada Accident & Fire Assurance Co—.
Canada Security Assurance Co	
Canadian Commerce Insurance Co.	
Canadian Equity Insurance Co	
Canadian Fire Insurance Co 	
Canadian General Insurance Co	
Canadian Home Assurance Co 	
Canadian Indemnity Co-
Canadian Mercantile Insurance Co-
Canadian National Insurance Co	
Canadian Provincial Insurance Co-
Canadian Surety Co.	
Car & General Insurance Corporation Ltd-
Casualty Co. of Canada	
Century Insurance Co. Ltd..
Citadel Insurance Co. of Canada	
Commerce General Insurance Co...
Commercial Union Assurance Co. Ltd 	
Connecticut Fire Insurance Co	
Consolidated Fire & Casualty Insurance Co.
Continental Casualty Co   	
Continental Insurance Co 	
Contingency Insurance Co. Ltd	
Co-operative Fire & Casualty Co-
Cornhill Insurance Co. Ltd 	
Dominion Insurance Corporation-
Dominion of Canada General Insurance Co-
Economical Mutual Insurance Co 	
Elite Insurance Co.    	
Employers' Liability Assurance Corporation Ltd.
Employers Mutual Casualty Co-
Employers Mutual Liability Insurance Co. of Wisconsin
English & American Insurance Co. Ltd 	
Excess Insurance Co. Ltd    — 	
Federal Fire Insurance Co. of Canada  —
(1)
$230,082
14,866
5,636
1,677
68,229
32,931
119,796
2,460,444
—489
64,578
278
790
60,068
131,277
28,662
38,288
250,183
37,101
821
6,630
274,876
50,881
60,214
41,406
37,101
233,711
30,461
114,228
5,516
15,040
130,543
55,488
Nil
7,055
268,548
240,960
195,173
433,188
76,836
17,074
112,894
279,934
70,913
95,856
60,068
26,245
76,836
84,833
12.866
47,291
3,237
60,941
Nil
784,977
310,745
213,717
383,424
196.096
174.647
286,800
831,027
3,879
357
50,669
Carried forward-
$10,008,399
(2)
$231,802
9,015
25,569
1,741
68,087
33,342
132,691
2,470,571
5,364
66,792
138
796
65,442
134,767
28,987
43,017
248,097
36,923
552
4,382
278,474
48,020
57,627
44,966
36,923
232,593
30,145
113,030
2,982
30,142
133,531
62,645
Nil
3,988
273,354
237,466
178,052
426,597
79,915
17,841
106,033
292,280
72,140
96,562
65,443
26,304
80,285
88,009
24,557
51,117
3,374
50,148
Nil
771,377
306,525
87,077
386.246
185,968
187.087
298,089
787,310
3,135
323
54.769
$9,920,524
(3)
$140,237
7,240
4,754
2,277
74,317
20,319
31,436
1,323,128
7,299
64,962
582
34,898
54,503
23,408
22,414
125,994
21,116
650
398
146,322
25,461
30,553
34,580
21,116
133,033
17,056
63,795
14,449
17,056
86,656
26,099
Nil
7,071
181,285
136,700
117,943
220,181
30,701
6,822
67.961
236,729
41,534
47.952
34.898
16,698
30.701
56,327
26,237
21,655
12,685
50,438
Nil
498,879
203.024
42,920
191.810
146,274
135,986
154,875
471,276
58
149
572
23,201
I
Per Cent
60.50
80.31
18.59
130.78
109.10
60.94
23.69
53.56
136.07
97.26
$5,789,650
73.12
53.33
40.44
80.75
52.10
50.78
57.19
117.75
9.08
52.54
53.02
53.02
76.90
57.19
57.20
56.58
56.44
484.38
56.59
64.90
41.66
177.30
66.31
57.57
66.24
51.61
38.42
38.23
64.09
80.99
57.57
49.60
53.33
63.48
38.24
64.00
106.84
42.36
375.96
100.58
64.70
66.23
49.29
49.60
78.65
72.69
51.96
59.86
1.85
46.13
42.36
L
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 61
TABLE VI.—AUTOMOBILE INSURANCE PREMIUMS AND LOSSES FOR  1961—Con.
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$10,008,399
104,210
380,766
66,526
Nil
23,628
39,413
72,184
74,918
479,643
252,190
203,058
81,690
1,015,533
11,750
77,115
276,451
108,050
621,739
4,639
25,536
63,985
2.062
Nil
152,495
1,201,406
114,742
382,158
359,394
157,202
130,675
343,267
103,469
105,977
24,976
47,184
30,461
24,462
82,866
87,239
22.250
200,242
176,279
10,023
229.641
327,097
90.184
2,252
142
128,141
71,083
191.732
16,903
43,102
Nil
17,603
669,030
1,592,235
141,826
658.506
10.700
10,700 |
246,777
51,306 |
6,598
33,644 I
85.688 |
(2)
$9,920,524
105,663
377,811
68,743
Nil
24,714
50,117
70,680
68,932
546,268
252,204
191,595
84,844
1,019,240
13,105
(3)
$5,789,650
41,676
199,153
43,034
A'ii
26,596
43,787
60,168
25,850
344,693
138,307
121.077
42,447
448,484
2.700
—215
35,757
150,892
55,404
343,770
684
18,833
44.662
-9,992
Nil
76,751
682,427
67,585
238.029
324,062
68.002
97.644
203,221
54,250
50,923
17,513
20,550
15,181
14,320
90.764
42.863
24,279
218,509
92,425
2.509
164,026
291.040
55,652
4,116
Per Cent
39.44
Federated Mutual Implement & Hardware Insurance Co	
52.71
62.60
Fidelity & Casualty Co. of New York            .. 	
107.62
87.37
85.13
37.50
63.10
54.84
General Accident Assurance Co. of Canada .—	
General Accident Fire & Life Assurance Corporation Ltd.
63.19
50.03
44.00
General Security Insurance Co. of Canada - 	
20.60
60,902
217,325
107,253
620,687
2,363
25,745
64,940
1,848
Nil
135,608
1,189,166
111,507
376,517
345,203
156,834
126,554
308,590
104,905
96,040
26,900
34,187
30,141
27.483
96.949
92.200
22.203
199.808
178,731
11.219
213.420
335,603
95,286
13,861
108
132,101
70,316
186,241
13,091
35,650
Nil
17,650
745,366
1,647,565
144.279
869,320
11.977
11,641
244,788
31,828
9.608
32.387
87.940
58.71
69.43
51.66
55.38
28.95
73.15
68.77
Guardian Assurance Co. Ltd 	
56.60
57.39
Guildhall Insurance Co. Ltd—     	
Halifax Insurance Co   —
60.61
63.22
93.88
43.36
77.19
67.47
51.71
Imperial Guarantee & Accident Insurance Co. of Canada-
53.02
65.10
60.11
50.37
52.10
Law, Union & Rock Insurance Co. Ltd   	
93.62
46.49
109.35
109.36
Liverpool & London & Globe Insurance Co. Ltd-  	
London & County Insurance Co. Ltd 	
London & Edinburgh Insurance Co. Ltd.  — 	
London & Lancashire Guarantee & Accident Co. of Canada
51.71
22.36
76.85
86.72
58.40
29.69
83,569
51,708
116,865
6.285
17.960
Nil       j
17.846
672,571  1
883.316 |
83.066 |
502.155 I
8.569 |
13,155 |
125,994 I
6,994 [
58,436 1
7,559 |
18,837 |
73.971  |
63.27
London Canada Insurance Co. _   ,
London Guarantee & Accident Co. Ltd 	
74.00
62.75
48 01
50 38
101.11
90.23
Milwaukee Insurance Co. of Milwaukee, Wis. 	
Motor Union Insurance Co. Ltd.,	
53.61
57.57
57.76
71.58
113.01
National Emoloyers' Mutual General Insurance Assn. Ltd.
51.47
183.60
New India Assurance Co. Ltd   	
78.67
58 00
New Zealand Insurance Co. Ltd    	
84.12
$22,375,142 |
$22,516,274
$13,637,914 |
 B 62 BRITISH COLUMBIA
TABLE VI.—AUTOMOBILE INSURANCE PREMIUMS AND LOSSES FOR  1961—Con.
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$22,375,142
37,002
201,041
144,436
25,591
262,594
950,066
— 127
351,387
45,445
162,000
Nil
1,052
8,795
126,494
60,068
21,836
43,606
19,286
10,559
200,696
25,477
126,974
347,729'
60,909
88,828
253,404
364,767
155,504
38,811
51,145
31,618
7,216
130,530
Nil
383,028
733,640
128,786
37,288
362,194
64,668
18,740
1,431
80,951
56,194
87,251
38,508
8,145
Nil
Nil
18.480
23,976
5,212
166,361
130,675
197,150
260,291
139,535
426,056
Nil
25,821
434,035
Nil
3,117
3,546
13,576
112,002
79,938
(2)
$22,516,274
46,390
286,434
149,665
48,133
266,829
907,430
-19
361,282
40,355
168,677
Nil
2,693
11,937
92,120
65,489
21,901
48,991
20,048
10,817
208,298
24,123
101,102
340,049
45,608
85,135
230,147
365,355
177,473
38,700
49,619
30,071
7,290
137,809
Nil
390,098
709,081
133,650
33,721
352,334
58,368
18,929
2,434
84,442
53,586
73,295
50,186
9,361
Nil
Nil
9,120
13,914
6,054
169,432
126,426
194,291
415,611
144,375
426,361
Nil
26,759
431,969
Nil
4,047
3,607
8,968
114,614
78,145
(3)
$13,637,914
24,735
92,084
95,259
28,847
178,418
468,552
Per Cent
53.32
Non-Marine Underwriters, Members of Lloyds, London,
32.15
North Br.tish & Mercantile Insurance Co. Ltd. - 	
63.65
59.93
Northern Assurance Co. Ltd   _ „ _ ' .
66.87
51.64
225,130
32,554
108,319
Nil
406
9,713
37,226
34,898
24,578
25,529
12,999
3,992
107,996
17,510
51,731
210,357
52,585
62,011
104,737
241,355
134,119
25,997
16,486
32,128
1,272
76,395
Nil
200,931
338,941
137,519
24,674
200,856
47,735
11,749
957
47,089
39,896
51,032
43,752
5,949
Nil
Nil
8,813
5,509
5,324
79,909
97,644
111,845
242,485
95,501
282,830
Nil
17,331
247,060
Nil
2,249
2,077
5,192
77,731
48,862
62.31
80.67
64.22
15.06
Orion Insurance Co. Ltd  -     — „
81.37
40.40
53.29
112.20
52.10
64.84
36.90
51.85
72.59
51.17
Phoenix Assurance Co. Ltd.-
61.86
115.30
72.84
45.51
60.66
75.57
67.18
33.23
106.84
17.45
55.44
51.51
47.80
102.89
73.17
57.00
81.78
62.06
Scottish Metropolitan Assurance Co. Ltd _ __
39.32
55.76
74.45
69.60
87.18
Skandinavia Insurance Co. Ltd.  	
South British Insurance Co. Ltd        —	
63.55
Stanstead & Sherbrooke Insurance Co..  	
96.63
39.59
Storebrand Insurance Co. Ltd   	
87.94
47.16
77.25
57.57
58.34
66.14
66.34
64.77
Union Insurance Societv of Canton, Ltd   	
Union Marine & General Insurance Co. Ltd. 	
57.19
55.57
57.58
57.90
TTnitpd pfntftS Fixity & On^rfinty C**
67.82
62.53
$30,770,476
$31,049,403
$18,657,274
	
 REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961 B 63
TABLE VI.—AUTOMOBILE INSURANCE PREMIUMS AND LOSSES FOR  1961— Con.
Name of Insurer
Net
Premiums
Written
Net
Premiums
Earned
Net
Losses
Incurred
Ratio
(1)
$30,770,476
47,494
23,100
18,400
74,345
1,813,908
70,937
(2)
$31,049,403
44,495
22,217
19,778
74,680
1,755,888
76,676
(3)
$18,657,274
31,295
11,056
9,916
52,791
1,072,535
32,483
— 100
227,120
211.994
Nil
7,901
682
182,684
690,617
Per Cent
70.33
Universal Reinsurance Co. Ltd   	
49.76
50.14
70.69
60.39
42.36
415,775
390,137
Nil
6,550
8,395
337,718
1,215,315
432,114
341,655
Nil
-10,232
8,991
336,605
1,175.096
52.56
Western Union Insurance Co - —	
62.04
World Marine & General Insurance Co. Ltd.._ 	
7.59
54.27
Zurich Insurance Co _    	
58.77
Totals for 1961         	
$35,192,550
$35,327,366
$21,188,248
59.98
Totals for I960.        	
$35,246,969
$35,244,372
$21,665,682
61.47
 B 64
BRITISH COLUMBIA
TABLE VII.—AUTOMOBILE INSURANCE SUMMARY
(Figures shown in nearest thousand.)
Year
Net Premiums
Written
Net Premiums
Earned
Net Losses
Incurred
Ratio Losses
Incurred to
Premiums
Earned
1957 	
1958    -
$28,871,000
34,010,000
35,342,000
35,247,000
35.193.000
$27,189,000
31,551,000
34,820,000
35,244,000
35.327.000
$19,957,000
19,460,000
19,783,000
21,666,000
21,188,000
Per Cent
73.40
61 68
1959  	
1960
56.81
61 47
1961
59 98
I
 TABLE Vm.—MISCELLANEOUS INSURANCE PREMIUMS AND LOSSES FOR 1961                                                                                                                                                                                                           B 65
(Figures shown in nearest dollar.)
Name of Company
Accident
Combined Accident
and Sickness
Sickness
Aircraft
Guarantee
Inland Transportation
Marine
„         .„
Real Property
Theft
Miscellaneous
(See footnote)
Personal Accident
Public Liability
Employer's Liability
naie mass
jrcrsunai jrrupeny
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premium^
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
1. Acadia Insurance Co    _
$3,735
$8
$27,795
$9,343
$977
$2,555
$967
—$13
$5,840
3,014
1,496
$1,188
$3,656
$707
, $3,769
$1,311
$51,960
$18,021
$2,720
—$187
$4,279
$1,024
1
2, Auntie Insurance f*>, ,
2
3.  Aetna Casualty and Surety Ccs   „.
219
12,421
863
4,953
639
32
11
7
$37,270
16,760
$5,408
2,442
769
10,365
8,660
65,828
150
38,764
780
7,946
3
4. Aetna Insurance Co.  	
2
465
1
13
861
22
2,764
$758
—$85
1,886
1,104
909
—74
7,077
4
5, Aetna Life Insurance Co	
25
$649,577
$483,018
588
187
5
fi.  Agricultural Insurance C-O.  ,
	
590
776
135
14,257
22,189
2,662
11,282
13,606
1,764
8,229
20,431
47,854
9,220
257
3,212
—41
6
7. Albion Insurance Co. of Canada
198
17,192
17,055
11
28
19,593
1,117
183
i~ 1,480
7
8. Alliance Assurance Co. ltd. 	
187
957
-47
526
527
10,682
15,665
6,220
3,406
313
2,795
802
E.               $16
8
9-  A'lstate Insurance Co,
34,059
15,319
9
10. Alpina Insurance Co. Ltd.  .     .  ,
153
616
384
11,361
12,191
11,604
8,134
8
36
3,162
115
10
11. American Casualty Co. of Reading, Pennsylvania	
12. American Credit fnd«ir|nity Pn, of N*w Yor^
13. American Equitable Assurance Co. of New York	
14. American Insurance Co.
11
	
2,435
86,123
~834
8,358
15,834
C.           24,397
$4,434
12
1,282
692
76
127
54
10
55
—529
78,503
139
18
5
4
24
13
	
	
1,523
709
6,164
3,411
14
15. American Mutual Liability Insurance Co	
85
1
	
15
16. American National Fire Insurance Co..
11
1
13
—1
8
3
55
28
1
16
17. Amsterdam Insurance Association, The Dome, Ltd—
18. Anglo-Scottish Tnsnrpnee Co, Ltd	
41,706
17,280
38,758
26,270
11,561
11,778
17
20
3,468
1
15
10,885
45,265
839
5,251
451
278
26
1,051
160
241
466
—1
57
985
734
184
574
4,165
8,618
167
1,153
152
291
2,775
8
2,287
18
19. Atlas Assnrnnen Cn, T.td,
E.               851
19
20. Aviation * General Insurance Co. Ltd.             	
5,915
822
20
21. Baloise Marine Insurance Co. Ltd	
1,472
685
	
43
202
3,870
510
—15
88
73
2,740
10,784
9,575
14,814
"8^964
1,826
559
5,532
—972
4,794
8
1,765
65
14
1,268
1,393
E.                    3
21
22. Rnltica Insurance Co, Ltd.             	
211
3,296
188
—88
3,638
228
22
23. Bankers & Shippers Insurance Co. of New York	
24. Ranifnrs A Traders Insurance Co	
	
4,915
5,418
2,813
741
1,189
959
1,549
129
23
	
342
24
25. R.C.F Ci  Mutual Hail Insurance Co
	
H.         136,335
82,811
25
2fi. Reaver Insurance Co	
	
3,939
81
3,804
7
26
560
138
—5,146
533
949
224
26
27. Wee Insurance Co.        	
895
48
27
28. Roller inspection # insurance Co. of Canada
112,016
101,844
11
B.          191,090
30,044
28
29. Ronton Insurance Co,, ...
494
13
12,461
2,027
433
225
—46
1,141
198
1   3,209
8,720
~~64,293
981
—1,105
6,805
26
29
30. Roston Manufacturers Mutual Insurance Co.   .	
940
30
31. British America Assurance Co	
2,259
1,785
397
921
17,116
5,954
108
1,403
138
3,318
527
4,664
2,501
405
2,971
71,399
987
57,024
562
1,813
16,743
278
3,149
(E.             1,246
1W.                  6
	
)   31
32. British & Foreign Marine Insurance Co. Ltd.	
33. Rritish Aviation Insurance Or ""!
32
4,386
3,331
—739
1,020
167,965
95,928
33
34. Rritish Canadian Insurance Co	
150
19
244
22
967
	
637
4
50,789
304
3,764
582
449
5
623
161
fE.                244
[w.              1
1   34
35. Rritish CntiimMfl Insurance. Co,
35
3fi. Rritish Columbia Plate Class Insurance Co	
31,707
36
37. Rritish Crown Assurance Corporation Ltd.
1,124
2,086
4,374
759
698
437
524
1
6
E.                  68
f E.                284
\w.             1
E.                453
37
38. British P.mpir« Assnrancf. Co	
470
179
3,908
1,225
24
289
292
27
484
745
365
729
193
\   38
39. Rritish T.aw Insurance Co. Ltd.                 , ,.  ,
39
40. Rritish Northwestern Insurance Co	
740
9,941
10,356
295
210
110,108
71,948
631
570
1,018
270
29,820
12,218
2,948
8
890
183
40
41. Rritish Oak Insurance Co,
41
42. British Pacific T.ifn Insurance Co,
77,166
20,217
1,348,845
648,566
	
	
42
43. British Trader's Insurance Co, Ltd,
	
9
83,838
353
1,324
12
—907
67
252
621
1,213
339
25
43
44. Buffalo Insurance Co	
297
1,114
970
2,255
8,452
50
1,234
3,427
73,213
52,357
478
146
548
3,888
92
343
44
45. Caledonian-Canadian Insurance Co,
16
62
42
158
5
20
12
44
133
499
41
154
361
1,358
—85
—320
293
1,097
5,164
20,722
4,915
—28
2,442
28,202
2,289
9,837
7,191
1,648
404
18,568
33
122
5
21
372
1,395
fB.                 65
If.             i
B.                245
- E.                   44
F.                   3
11
2
40
8
}   45
4fi. Caledonian Insurance Co.	
80,576
75,560
f
]
\- 46
47. Calverf. Fire Insurance. Co,  	
i
47
48, Cambrian Insurance Co. Ltd.	
194
1
1,993
16
512
1,234
22
10
5
10
19
297
41
164
—85
194
17
466
67
118
146
11
462
2,253
6
20
56
101
92
fB.              -19
JE.                -4
IF-
11
■ 48
49. Camden Fire Insurance Association   	
5,427
3,342
2
49
50. Canada Accident * Fire Assurance Co	
418
19,177
6,982
563
3,664
256
1,926
911
5,519
350
fB.              5,628
\ F.                 148
2,191
)   50
51. Canada Health & Accident Assurance Corporation	
52. Canada T.ife Assurance 0>.  	
158,794
99,653
41,230
68,425
51
22.
52
53. Canada Security Assurance Co	
375
12,602
6,013
20
200
5,975
2,518
704
383
595
82
7,918
892
791
14,141
5,315
415
23
2,435
1,056
E.                  32
53
54. Canadian Commerce Insurance. Co,    	
54
55. Canadian Fqnity Tnsuranc* Co	
71
31,514
94,999
9
5,027
110,628
228
ssn
49
4,350
1,262
1,378
50,072
50,645 1
506
30,393
16,540
3
1,787
5,249
2,597
55
5fi. Canadian Fjre Insurance Co.  _	
246
1,130
166
9,686
52,959
2,564
17,844
fiift
9,917
16,421
fE.             1,644
IF.                  19
F.            —118
]   56
57, Canadian General Insurance Co	
1
294  j
2,437
57
B.—Boiler and Machinery.          C.—Credit.          B
Note.—The entire business of this Insurer has been
.—Earthqua
reinsured b
te.          Ex.-
f one or moi
—Explosion.
e Insurers w
F.A.—
lose names a
Falling Aire
re included
raft.          F.-
in the forego
—Forgery,
ing table, an
H.—Hail
i the figures
LJL-
in the latter
-Limited Hail.           I.V.—Impact by Vehicles,
case are Included in the figures for that Insurer oi
L.S.—Live Stock.
Insurers.
S.L.—Sprinkler Leakage.
T.—Title.          W.D.—Water Damage.
W.—Windstorm and Weather.
  TABLE Vm.—MISCELLANEOUS INSURANCE PREMIUMS AND LOSSES FOR 1961—Continued
B 67
Accident
Combined Accident
Miscellaneous
Personal Accident
Public Liability
Employer's Liability
and Sickness
sicicness
Aircrait
guarantee
inland .transportation
Marine
mate mass
personal .property
j&eai rropeny
men
(See footnote)
Name of Company
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
58. Canadian Home Assurance Co.	
3,847
198,713
7,851
481
117,174
1,519
78
14,615
30
151
3,823
109
124,812
100
882
9,704
1,555
1,143
7,443
1,186
6,498
130,479
12,812
4,109
31,687
2,328
1,898
66,555
2,583
1,427
24,534
472
58
59. Canadian Indemnity Co, 	
78
17
—25
33,210
122
10,412
668
2,152
1,398
7,258
5,316
f E.            7,338
} F.             6,777
1,230
}  59
60 Canadian Mercantile Insurance Co. .
164
f
60
61   Canadian NntlonPl Insurant Cn,
61
62. Canadian Premier Life Insurance Co.
381
517
21,944
12,042
62
63. Canadian Provincial Insurance Co..	
6,420
19,281
2,728
5,356
9,855
26,622
5,271
905
288
3,085
1,996
842
3,877
975
58
482
16
210
69
9
1,498
135
1,002
1,416
538
1,079
163
10,264
250
513
1,264
227
632
469
1,616
166
9,186
23,426
5,433
7,564
51,163
27,934
3,080
11,598
34,475
969
2,795
—4,393
1,672
1,862
13,928
8,479
1,083
1,141
3,011
184
117
638
1,674
2,541
413
1,087
174
2,810
345
546
1,036
70
396
5,271
1,309
101
63
64, Canadian Surety Co.
88,639
14,695
198
—1
F.                527
E.                  38
64
65. Car & General Insurance Corporation Ltd.
234
1,666
202
1,331
50,341
30
321
65
66, Casualty Cn. of Canada 	
72
969
3
615
175
1,248
722
66
67. Centennial Insurance Co ._	
75
603
102
—550
—1
159
48,872
16,741
34,099
11,561
1,272
401
185
55
590
3
67
68, Century Insurance Co. Ltd.   ,      	
273
70
	
4,224
75
~99
50
68
69. Citadel Insurance Co. of Canada Ltd.... _...
653
8,513
42
109
33
2,968
25
507
E.                -4
69
70. Combined Insurance Co. of America..	
884
537
122
70
71. Commerce General Insurance Co	
7,852
21,211
1,519
15,649
30
67
667
844
1,398
16
1,555
2,367
5
1,186
814
1,581
17,689
198
165
8,581
2,582
5,328
16
176
988
472
1,325
71
72. Commercial Union Assurance Co. Ltd. 	
2,695
605
494
—128
7,128
8,880
47,521
45,652
166
72
73. Commonwealth Insurance Co,
73
74. Confederation Life Association 	
34,515
11,000
~70
5
483,426
418,388
57,709
74
75. Connecticut Fire Insurance Co.  	
475
2,900
18,637
3,648
3,018
1,232
7
383
76
~~348
80
—160
435
28
8
—41
64,215
60
760
272
435
10,472
6,798
15,903
1,489
-8
488
979
fE.              —63
1W.               -5
)   75
76. Consolidated Fire & Casualty Insurance Co.—    	
76
77  Continental Assurance Cn.     	
1,104
894,162
178
445,041
	
77
78, Continental Own'ty On,
4,701
2
6,050
20,990
250
37,242
525
78
79. Continental Insurance Co.   „ 	
39
333
105,784
40,253
701
255
15,285
428
42,334
60,642
2,996
—32
5,890
39,095
11,931
649
E.              —76
79
80 Contingency Insurance Co. Ltd.
9,052
80
SI. Co-operative Fire A casualty Co.
7,561
16,510
19,191
5,632
2,200
236
144
1,559
1,725
312
4,592
330
1,831
3,946
1,356
2,896
9
5,447
4,551
5,731
—1,446
-1,909
L.S.               70
81
82. Cornhill Insurance Co. Ltd....	
	
3,619
82
83. Credit Life Insurance Co 	
—10
655,871
83
84. Crown Life Insurance Co  ...
564,577
	
84
85. Dwsjardim Mutual Lift* Assurance Co.
445
7
50
22,652
85
86. Dominion Insurance Corporation 	
26,089
7,103
441
15,578
5,139
22
4,277
1,574
92,395
39,160
7,448
8,527
19,756
275
5,948
1,614
F.                    2
86
87. Dominion Life Assurance Co  	
56,194
3,878
35,871
12
87
88. Dominion of Canada General Insurance Co—	
6,665
1,284
21,424
1,637
7,987
105
840
3
290
2,460
699
4,993
2,889
4,314
654
2,527
278
30,254
15,210
4,348
14
1,585
88
8". F,aB'p Star Tnsumncc Co. Ltd.               	
189
237
25
8,993
1,251
—1
E.                149
89
"0. Economic Insurance Co, Ltd.,       ,   .
22,631
90
91. Economical Mutual Insurance Co 	
	
14,883
2,722
19
277
300
449
5,780
1,975
3,903
1,568
14,721
68,037
98,418
6,254
41,329
38,001
4,536
1,734
91
92, TZIitQ Insurance Co.            , .,
92
93. Employers' Liability Assurance Corporation Ltd.
91,013
21,200
181,209
1,460
1,483
69,484
3,739
262
20
202
16,523
12,121
19,936
4,027
11,214
1,651
27,515
1,287
—6,913
29,502
4,671
261
238
6,325
4,153
8,540
—182
28,362
6,754
B.             2,357
209
93
94. Employers' Mutual Liability Ins. Co. of Wisconsin—
94
95. F.ngHsh A Amwloai Insurance Co. Ltd.
222
1,305
87
14,550
6,849
8,140
5,011
7,570
2,942
5,566
—1,611
1
B.                232
95
96. Equitable Life Assurance Society of the United States
37,706
259
23,926
96
97, Fqwitabie Life Insurance Co. of Canada      	
97
98, F-ssey A Suffolk Insurance Co. Ltd.         ,	
1,398
25
82
73
2
12
1,953
936
—37
E.                 44
98
99, F.Yc?lsior Life Tisurnnce Co	
2,482
1,645
99
100. Rxcess Insurance Co. Ltd,           	
—4
3,108
6,905
—250
1,320
715
—238
7,283
61,350
137
1,594
9,132
100
101. Federal Fire Insurance Co. of Canada
6
81
2,063
30
1,979
—44
—64
814
1,189
467
928
1,059
2,997
1,050
2,936
101
102, Federal Insurance CO.                                   .   ..... 	
7,511
2,014
159
F.                   7
102
103. Federal life A Casualty Co
1,661
15,714
6,186
6,288
103
104. Federated Mutual Implement & Hardware Ins. Co.
34,443
5,612
5,901
8,545
4,408
25,011
13,303
49,050
1,083
44,624
63,274
147,130
572
36,986
2,298
5,239
1,640
5,532
25
64,576
18,562
44,651
17,331
5,663
2,606
3,744
1,563
104
105. Federation Tn^iran^e Co. Of Canada            ..
71
122
81
9
—1,251
52
433
3.485
592
56
1,473
4
6
7
22
201
31
2
1,204
1,026
24,854
790
18,831
20
4
40,314
23,575
3,796
100
105
106. Fidelity A Casualty Co, of New York
16,246
76
—25,000
B.                113
106
107. Fidelity Insurance Co. of Canada
— 12
117
2,627
2,559
11,576
96
24,857
26,257
51,559
67
187
1,753
1,972
6,560
1,405
1,090
989
15,661
175
1,157
73
—726
1,257
2,176
568
765
26
8,603
26
671
70
9,063
4,367
9,401
302
5,539
1,294
40,522
104
107
108. Fidel ity-Pheniy Insurance Co.
642
23,024
6,845
7,030
79
648
53
52,292
3,561
1,745
1,063
—1,787
47
118
658
210,286
3,973
331,032
24,300
92,241
200
14,816
11,650
205,004
1,619
155
20,693
69,632
15,674
1,269
123,167
3,169
41,361
397
8,575
3,982
86,464
111
—73
7,762
23,699
6,393
9
9,269
1,249
17,058
28
—1,849
2,186
1,087
E.                 31
fE.                 964
IF.                901
108
109. Fireman's Fund Insurance Co..	
166
—13
1,578
882
—2,063
—5
12,677
2,332
—5,715
6,821
1,753
16,688
21
4,226
437
30,919
—1
118
} 109
110.  Fir^ Insurance Co, of Cflna^p
110
in, Firemen's Insurance Co. of Newark, N.J.,        ...
50
1,146
2,708
1,025
2,674
47
1,444
237
165
6,247
F.                  45
111
112, Fruit Growers Mutual Insurance Co	
1,093
127
112
113, General Accident Assurance Co. of Canada     	
1,393
1,111
1,207
339
20,869
9,047
31,781
11,237
977
139
56
f B.          212,141
jF.              -45
42,149
} 113
114. General Accident Fire & Life Assurance Corp. Ltd.
—258
28
114
115, General Insurance Co. of America	
201
6,331
36
4,789
51,670
24,137
2,739
115
116. General Security Insurance Co. of Canada 	
116
117. Olens Falls Tiis^irancc. Co.
—13
386
275
18,686
	
123
57
94
1,140
334
117
118. Global General Tnsurarice Co,, ,
6,865
20,555
12,793
51
151
918
45
134
217
966
2,889
672
468
1,404
442
261
1,078
1,913
147
441
—54
1,553
4,656
1,849
400
1,200
1,978
118
119, Global Reinsurance Co,                          .. 	
776
1,126
119
120, Giohe Indemnity Co. of Canada	
357
331
405
292
309
380
—69
4,392
3,607
1,257
fB.             1,499
}F.                 28
194
) 120
.
B.—Boiler and Machinery. C.—Credit. E.—Earthquake. Ex.—Explosion. F.A.—Falling Aircraft. F.—Forgery. H.—Hail. L.H.—Limited Hail. I.V.—Impact by Vehicles. L.S.—Live Stock.
Note.—The entire business of this Insurer has been reinsured by one or more Insurers whose names are included in the foregoing table, and the figures in the latter case are included in the figures for that Insurer or Insurers.
S.L.—Sprinkler Leakage.
T.—Title
W.D.—Water Damage.
W.—Windstorm and Weather.
  TABLE Vni.—MISCELLANEOUS INSURANCE PREMIUMS AND LOSSES FOR 1961—Continued
B 69
Accident
Combined Accident
Miscellaneous
Personal Accident
Public Liability
Employer's Liability
and Sickness
OICJUIBSS
Aircraii
ouaraniee
lniana xransponaaon
marine
riaie uiass
rersonai rropeny
j&eai rropeny
xnen
(See footnote)
Name of Company
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
33,384
6,610
179
2,571
117
61
1,774
554
5,200
2,245
56,415
22,722
9,684
79
8,798
1,316
121
F.                   6
122
416
4,105
819
74
3,595
26,957
43
4,105
11,782
4,481
182
947
123
635
198
38
200
29
24
218
23,304
8,778
178
3,372
6,307
4
193
—164
428
556
152
—41
90
67
13,488
4,899
269
17
90
18
1,756
—92
444
39
124
377
51
125
8
8
803,682
708
1,815
1,274
-9
—59
126
33,859
9,035
398,304
127
383
11,885
87,346
22,201
44,128
250
3,620
5,553
47,815
3,899
1,793
13,552
1,828
18,473
826
1,549
9,441
—384
—16,964
69
1,748
13,685
1,830
2,218
468
500
425
302
2,603
6,302
487
—175
1,490
11,336
1,049
7,900
30
1,306
658
5,663
666
4,426
16
—697
34,778
74,361
24,333
48,882
19,481
—53
12,379
39,607
11,641
24,627
29,689
416
1,945
15,060
1,472
14,049
—214
412
3,622
403
9,593
128
4,316
11,508
5,491
281
74
638
2,613
210
1,631
289
2,282
372
24
205
170
1,294
129
54
455
713
5,160
133
129
184
1,589
100
42,093
2,986
fl         168
1,264
3,809
11,971
225
25
215
—81
722
1,959
B.                378
E. 161
F. 5
B.              2,531
E.                  50
IF
H.                 70
E.               —14
E.             1,414
49
■ 129
10
416
130
86
131
40
8,140
41,021
5,011
84,368
132
133
134
135  Hnrtford Accident &• Indemnity Cto,	
2,449
2,499
152,665
— 12,326
9,773
25,204
12,722
7,111
3,037
12,794
—3,206
1,930
3,795
18,178
2,040
398
294
~~17
23
1,012
9,611
27,735
998
4,456
3,505
991
5,813
—1,660
1,237
6,881
672
1,373
138
3,412
-93
1,930
1,312
442
609
5
85,343
23,535
84,904
15,674
8,243
6,972
2,941
59,840
2,630
6,117
19,158
— 1,568
2,477
8,701
1,849
1,341
247
5,668
135
6,690
1,251
61,253
11,997
35,455
6,393
1,162
5,350
W.          11,875
1,049
136
1,172
20
813
2,215
1,978
323
115
137
110
292
298,224
1,412
908
2,116
358
1,082
1,140
20,060
17,085
E.                  61
f B.             1,499
}F.                  28
J E.                523
JW.                  2
138
357
824
373
331
299
201
42
8
405
309
201,603
380
502
—69
44
4,392
3,607
1,257
807
217
1,913
967
1,013
—54
11
27
194
) 139
\
J140
141
13,631
12,172
121
72,332
22,471
142
2,711
—37,610
1,234
1,796
—483
22
6,490
353
2,472
10,853
88,431
6,685
52,230
3,534
41,886
4,462
—620
616
178
33
27
—4
6
143
30,896
297
14,501
16
90,572
2,254
3,140
3,231
42
—319
5
348
12
39
133
3,195
40,158
362
1,068
—85
15,841
67
2,106
3,743
293
760
2,100
146
990
21,456
372
810
7,677
92
2,324
F.                176
fB.                  65
^E.                    4
|f.             i
1
11
144
41
-145
2
146
15,147
11,119
147
847
4
19,437
26,931
81
—423
47
3,719
—80
1,721
166
177
651
86
13,556
4,662
3,345
1,041
1,602
791
S.L.                 1
148
	
149
3,578
35
315
608
5,108
191
1,720
563
25,555
1,021
9,178
21,674
26
935
446
44,550
8,714
—16
37
28,489
5,548
3,881
38,588
30,968
106
82
743
342
38
—10
—90
690
1,296
207
3,693
64
574
1,546
4,873
321
6,094
15
134
80,075
28,972
2,671
1,588
—1
—10
1,145
29
25
932
33
295
753
17
13
28,375
1,745
15,711
29,950
1,042
1,822
22,348
320
2,880
11,644
299
1,311
3,711
91
5,603
21
198
3,148
2,336
56
500
3X369
150
13
118
526
151
152
153. Liverpool & London & Globe Insurance Co. Ltd.	
496
647
—117
7,483
6,147
2,142
1,942
5
50
368
6
130,339
15,041
3,225
M        242
—95
46
fB.             2,555
IF.                  48
332
} 153
154
2
2,062
28,062
326
155
2,500
931
62
17,125
894
—151
—50
5,048
156
1,234
628
293
42,494
22,953
1,647
4,170
1,315
1,341
6,032
959
1,901
204
133
16,735
93,198
431
772
46,006
10,344
9,323
4,071
51,694
—44
1,363
18,968
1,574
3,003
2,509
10,500
-27
372
1,663
100
1,086
15,903
312
-30
1,194
157
189
S.L.               26
fE.                  54
I S.L.                 3
157
7 158
r
159
264,898
116,276
159, London & Midland General Insurance Co. ,,...._	
3
17,752
160. London & Scottish Assurance Corporation Ltd,	
7,631
9
2,348
-129
609
11
9,896
—20
118
27,863
1,967
36
126
160
3,266
345
213
165
125
17,556
13,474
1,202
832
1,635
87
3,566
504
854
E.                  38
161
162
163  London Guarantee A Accident Cn. Ltd.... .-	
3,234
6
24,085
8,185
814
2,129
624,183
56,080
127,179
1,324
806
—11
14,033
12,227
4,867
990
3,141
1,093
453
—31
163
398,667
8,238
56,804
180
164
165
119
122
—216
137
8
650
	
B.             4,360
166
	
	
167
55
168
169
101
89
19,137
8,226
U18
388
—4
5,008
2,611
1,731
110
445
6,890
1,016
25,022
122
4
3,523
989
15
F.                938
170
171
9,955
2,574
22,192
2,470
9,954
467
1,135
1,089
—324
1,347
69
440
1,177
—40
463
221
537
82
24
10,022
148,621
1,671
200,903
885
—14
3,033
93
474
172
	
C.             9,444
9,763
173
16,998
16,836
432
5,459
573,037
162,620
10,127
461,267
127,122
3,906
174
91,452
20,868
3,498
1,691
7,032
—934
8,636
2,770
7,983
3,354
268,048
123,505
26,119
10,680
175
176
156
20
1,818
2,056
11
91
—1
359
152
3,660
1,114
127
275
47
E.                  63
177
B. Boiler and Machinery. C.—Credit. E.—Earthquake. Ex.—Explosion. F.A.—Falling Aircraft. F.—Forgery. H.—Hail. L.H.—Limited Hail. I.V.—Impact by Vehicles. L.S.—Livestock.
Note. The entire business of this Insurer has been reinsured by one or more Insurers whose names are included in the foregoing table, and the figures in the latter case are included in the figures for that Insurer or Insurers.
S.L.—Sprinkler Leakage.
T.—Title.
W.D.—Water Damage.
W.—Windstorm and Weather.
  TABLE Vni.—MISCELLANEOUS INSURANCE PREMIUMS AND LOSSES FOR 1961—Continued
B 71
Accident
Combined Accident
Theft
Miscellaneous
Personal Accident
Public Liability
Employer's Liability
and Sickness
BiCKness
Aircrait
uuaraniee
iniana .transportation
jvianne
naie vjiass
(See footnote)
Name of Company
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
; Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
'Net '
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
178. Munich Reinsurance. P-n,
477
477
135,539
324
324
33,102
2,223
2,223
509
488
21
21
16
—4,578
68
68
15
15
22,068
22,068
7,370
7,370
142
142
100
32
606
667
252
252
106
106
64
64
11,441
8,988
2,755
3,154
1,080
1,244
157
229
365
365
10
10
178
179. Munich Reinsurance Co. Of Canada	
	
179
180. Mutual Benefit Health & Accident Association	
600,749
256,775
180
181. Mutual Boiler A Machinery Insurance fV>,            '•'
18,200
	
B.         250,312
198,304
181
182. Mutual Fire Insurance Co, of British Columbia ,..„ 	
	
182
183. Mutual Life Assurance Co. of Canada
7,338
430,728
65,602
349,980
37,512
183
184. Mutual Life Insurance Co. of New York..  	
2,756
	
14,361
1,720
37,210
2,885
208
79,458
6,971
5,205
1,149,212
13,860
184
185. National Employers' Mutual General Ins. Assn. Ltd.
5,816
741
	
959
—7
129
63
4,794
238
456
—7
1,393
15
228
185
186. National Fire A Casualty Insurance Co  ,...
1,225
243
186
187. National Life Assurance Co. of Canada
7,864
6,570
8,884
3,842
	
	
187
188. New Hampshire Fire Insurance Co.
2,560
5
192
1,635
	
294
14
—11
78
14,097
1,703
547
1,335
188
189. New India Assurance Co. Ltd
	
	
	
20,772
10,214
189
190. New York Fire Insurance Co.
2,987
94
—4
190
191. New York life Insurance Co.
6,456
148,062
93,251
1,797
—116
45^037
129
188
215,605
408
	
191
192. New York Underwriters Insurance Co.
—2,643
4,403
2,268
335,679
—50
2,050
—564
63,935
	
18,534
—228
264
956
73
219
968
11
78,856
1,607
38,534
611,365
8,544
—207
—2,092
193
563
32,126
172
2,832
94
2,537
13,218
— 118
6,566
1,481
5,621
192
193. New Zealand Insurance Co. Ltd.
	
1,598
15,681
260
—3,281
25
120
1,194,379
2,605
E.                   7
E.                667
fB.             1,253
E.          —4,575
- Ex.           2,592
L.S.        30,913
[W.               120
193
194. Niagara Fire Insurance Co.	
30
1,162
74,893
380,666
185
—28,500
309,289
343
369
—62,344
—221
194
86,106
41,837
18,979
173
423
15
851,930
162,803
32,341
43,161
]
%4
195. Non-Marine Underwriters, Members of Lloyd's	
1195
16,111
196. Nordisk Reinsurance Co. Ltd.
196
197. North American Life & Casualty Co.
130,828
33,339
54,649
82,235
13,428
51,706
	
197
8,909
990
31,702
198
199. North British & Mercantile Insurance Co. Ltd.
3,182
1
706
226
11,596
768
44,807
79,742
—3,435
30,044
3,922
3,269
89
31,229
21,646
590
10,085
2,562
1,145
17
98
379
7,129
6,125
65,000
1,904
52
2,783
942
939
1,216
765
103
2,934
92
1,360
280
15,750
22,311
3,657
17,818
2,351
68
2,519
12,159
—284
4,063
510
1,188
193
1,129
6,175
477
2,594
616
28,100
12,243
72,055
156,423
— 1,332
77,767
5,639
12,738
513
24,219
41,419
2,057
38,533
—283
5,667
4,724
—2,100
—60
27
1,119
2,177
148
1,525
10,408
67
2,640
38
	
199
9.00. North River Insurance Co,	
E.              —68
200
201. Northern Assurance Co. Ltd.
172"
«i l«i<i
133
? dm
12
201
30
202
203. Northwestern National Insurance Co.
6
295
	
1
1,357
3,425
811
3,207
69
411
18
203
204. Norwich Union Fire Insurance Society Ltd.
5,085
76
1,538
2,344
100
95
1,041
30
100
189
7,853
1,525
4,822
-10
41,447
36,244
fE.                466
JF.                340
}204
205. Occidental Fire Insurance Co.
205
42,302
25,039
2,533
206
207. Ocean Accident & Guarantee Corporation Ltd.	
14,144
—8,374
10
180
94
395
1,919
15
:    2,480
1,414
42,880
—282
2,391
—1,699
8,358
36,376
35
4,131
B.            19,852
6,578
207
318,827
419,871
208
	
—344
209
	
210
	
799
5,503
35,659
37
9
—18
127,669
130,213
997
391
241
331
—1
46,567
8,233
373,029
44,185
5,553
113,797
168
881
13,556
4,165
157
499
211
148
184
167
152
8
212
	
213
	
5,598
11,470
3,203
—5,559
4,407
3,755
1,355
1,763
10,904
—1,107
 1
1,444
56
9,034
4,144
—856
214
	
	
	
B.                237
539
215
	
278
1,284
47,576
121
24,873
112,579
77,220
1,159
243
551
182
18
216
5
595
—439
	
14,845
11,559
5,249
8
49
217
43,808
21,503
	
218
219. Pearl Assurance Co. Ltd.
11,843
28,125
79,221
30,311
88
4,268
14,014
7,195
1,004
19,370
—1,370
—240
	
	
2,889
2,922
5,654
2,161
1,315
16
2,630
1,967
534
26,812
46
8,549
39,045
32,073
403
3,092
1,037
33
3,054
1,536
930
f E.              2,855
IF.                 284
7 219
	
	
220
14,116
41,825
9,116
4
232
1,465
457
20
3,833
23
156
16,067
1,990 .
1,782
—297
2,962
5,892
836
7,036
6,419
2,256
221
222. Phoenix Assurance c\>. Ltd.
5,603
3
11
1,450
-20
373
16,602
8,608
2,188
1,533
128
6,685
160
—407
F.                162
fE.                229
1W.                37
—780
222
2,672
10,853
494
\ 223
224
3,206
2,975
29,575
18,538
263
2,182
2,382
225
8,961
14,082
36,072
-219
2,956
8,821
53
173
2,457
2,717
	
1,305
2,669
4,143
13,453
23,507
79,064
4,111
8,041
23,449
1,869
4,500
6,483
2,557
1,638
2,023
226
17,379
5,527
206
666
27
1,339
2,826
10,518
286
8,035
227
44
11,681
20,603
239,220
11,186
109,331
1,047
30
4,924
2,007
—5,957
223
—433
E.             4,627
■ F.                  17
S.L.              27
	
-228
229
230
7,302
2,947
4,699
4,110
560
1,193
76
13,008
3,695
2,412
1,128
3,856
873
—286
1,373
3,781
1,666
6,052
9
20,837
5,647
441
306
73
408
14
333
22
130,575
6,369
28,930
35,988
36,946
18,441
94,866
936
13,729
19,473
4,878
904
2,810
816
2,360
— 158
238
7,254
8,863
15
436
705
270
593
1,042
65
45
231
1,033
209
238
103
15
99
~L017
232
58
216
12
10
9
6
588
597
184
233
—196
952
32
E.                 71
234
1
15,142
2,263
695
32,036
—25
25,983
235
288
8
236
I
1
1
1
1
B.—Boiler and Machinery. C.—Credit. E.—Earthquake. Ex.—Explosion. F.A.—Falling Aircraft. F.—Forgery. H.—Hail. I~H.—Limited HaiL I.V.—Impact by Vehicles. L.S.—live Stock.
Note.—The entire business of this Insurer has been reinsured by one or more Insurers whose names are included in the foregoing table, and the figures in the latter case are included in the figures for that Insurer or Insurers
SX.—Sprinkler Leakage.
T.—Title.
W.D.—Water Damage.
W.—Windstorm and Weather.
  TABLE Vm.—MISCELLANEOUS INSURANCE PREMIUMS AND LOSSES
FOR 1961—Continued
]
B 73
Accident
Combined Accident
and Sickness
Sickness
Aircraft
Guarantee
Inland Transportation
Marine
Plate Glass
Personal Property
Real Property
Theft
Miscellaneous
(See footnote.)
Personal Accident
Public Liability
Employer's Liability
Name of Company
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
Net
Premiums
Written
Net
Losses
Incurred
1,286
2,580
6,121
33
404
~15
827
	
22
27,772
84,545
65,774
8,872
17,654
8,073
1,869
242
20,013
7,037
4,283
1,553
9,965
483
1,038
6,592
432
9,980
26,553
—10
9,375
46,821
11,291
412
3,423
186
459
359
7,200
6,221
20
852
9,155
2,575
57
376
189
38
—6
51
—247
127
-9
6
237
124
1,225
230
12,386
48,311
37,447
12,286
11,752
9,237
870
19
13,111
2,534
12,960
67,422
3,506
1,406
5,187
—1,120
54
66
744
298
14
606
256
15
14,482
32,962
34,174
8,083
16,740
5,042
6,565
3,387
1,420
—4,875
4,656
241
2,248
6,282
5,931
12
65
13
41
1,310
3,155
1
182
920
1,069
2,719
453
—679
—1,625
;   2,138
.   2,488
870
169
1,355
692
195
15
956
185
949
1,636
542
18
540
1,412
1,827
6,845
2,543
382
1,974
—768
139
293
7,437
728
47
694
—54
49
f E.               139
(F.                 34
f B.             5,553
/F.                104
J E.                998
J L.S.          1,050
fE.                  28
/ L.S.             700
f B.           34,255
IF.              -48
)238
239. Royal Insurance Co. Ltd.. -.
1,500
15
2
525
—810
1,080
327
1,144
9
1,407
210
—255
22
721
86
68
—9
49
J 239
240. St. Paul Fire & Marine Insurance Co...	
J240
)241
242
108
244
	
405
—3,842
72,628
)243
f
244
	
20
59
917
366
—69
633
6
178
6
245
1,719
747
31
	
387
962
529
134
2,217
287
430
410
E.                 46
246
	
247
47,394
16,125
2,426
21,126
248
550
626
74
13
1,774
568
5,172
22
230
B.                  25
E.                  51
249
327
463
189
250
16
293
2
120
7
16
10
34
55
31
57
1,520
8
—8
251
11,351
1,827
4,486
38,910
1,959
9,912
252
—18
1,442
253
930
247
40
7,808
345
9
32
722
4
	
375
105
1,391
22
4,525
6,942
171
547
1,661
254
	
~~5
255
16
74
17
122
950
261
419
12,827
| !   1,370
2,129
5,845
59
5,213
256
2,304
77
483
545
420
453
7,326
86,035
2,211
2,801
—197
257
318,872
266,611
258
9,772
1,930
1,019
50
93,396
1,237
1,930
31,291
20,595
2,820
572
2,551
371
259
240
260
925
256
47
7,189
5,571
4,134
41,436
14,111
786
13,533
28,480
1,552
36
261
77,727
90,514
1,994
	
43,329
2,716
14,599
730
1,032
13,436
2,125
F.              —97
262
24,123
	
263
	
	
11,780
	
264
	
265
11,036
5,685
196
101,974
5,838
—8,391
44,006
15
4,422
37,434
5,509
20,660
-644
8,422
4,892
—305
1   1,158
555
39,064
702
185,430
17,763
433
401
9,532
7,154
738
fB.           65,260
} E.                116
8,268
?266
151,241
23
7,217
80,005
22
— 119
261
1,750
894,323
617,139
83,188
131
207
40,236
267
988
26,793
761
17
91
34
665
1,207
95
14,325
39
!   7,339
557
3,923
162
48,474
29
330
119
12,445
268
1,003
	
14,089
12,172
5,092
—841
372,412
168,061
273,274
145,071
550
269
270
—5
1,818
827
30,921
10,843
1,127
4,540
433
13,370
99,757
4,350
31
2,056
514
8,628
—942
8
	
165
—1
5,804
3,666
1,851
15,230
23,075
3,561
16,947
10,566
55,426
160,959
10,196
25,637
90,744
3,595
157
6,481
73,261
68,444
2,963
1,110
279
11,080
1,080
1,298
6,894
1,860
28,365
48,474
2,232
1,618
10,098
179
2,496
4,060
30,726
29,278
1,076
69
38
1,941
5,010
542
1,990
17
5,052
354
35
4
275
140
3,173
2,327
142
271
156
55
37
1
20
5
11
3
1,024
373
~~17
6
66
359
195
535
815
133
212
80
741
18,323
1,140
152
37
763
103
512
124
28
449
8,232
652
47
12
1,307
594
303
E.                  88
E. 44
F. 35
E.                   5
272
273
165
15
37,434
6,126
5,509
1,063
258,523
1,150
25,537
1,650
197
274
22,310
17,818
16
418
112
437
464
6
275
276
477
1,736
7,008
~7
3,428
648
2,497
5
	
797
1,281
277
679
3,165
12,392
1,482
278
2,267
12,100
20,949
27,508
1,848
25
4
492
108
6,673
10,907
42
1,878
4,469
252
449
6,412
259
—61
393
1,449
1,482
481
1,470
279
280
8
8
162
114
281
3,318
44,623
107,099
35,636
85,545
10,038
27,896
2,201
-10
32
319
17
282
1,430
25,417
4,717
448
880
61,608
68,348
9,237
2,769
—146
2,135
213
527
6,775
325
3,873
4,729
661
—2
23
1,891
7,487
2,809
897
8
4,648
826
—101
596
8,045
11,805
1,458
62
189
150
-167
701
fE.             1,826
\W.                  9
)283
284
9
2
2,061
1,605
250
46,565
33,377
44,272
32,693
—1,016
285
6,412
299
286
2,627
1,161
552
259
23,022
13,659
461
15
35
491,107
—366
13,853
4,381
868
-433
653
4,353
5,254
30,321
4,700
1,366
L.S.          6,438
B.                152
5,000
287
?fSR,  Zurich Insurance Co.
319,555
1,354 L
391
, .
288
Totals for 1961
$990,874
$338,056
$3,719,215
$1,468,788
$73,958
$41,231 |$10,851,362
$6,775,689
$152,344 |      $52,609
$2,181,956 |    $802,459
$1,089,673 |     $268,217
$797,250
$721,597
$3,342,216
$2,401,448
$363,363 |     $204,736
$7,267,291 | $3,390,480 | $1,595,491
$328,647
$672,867
$210,729
$1,059,694
$482,929 |
Totals for 1Q«1
$838,674 1     $140,013
$3,233,140
$1,254,842
$63,080
$28,922 1 $9,825,782
$5,824,522
$157,759
$55,278
$1,659,056 1    $942,508
$1,020,137 1    $112,732
$416,311
$377,525
$3,897,962
$1,933,100
$349,651 1     $205,785
$7,095,466 I $5,781,586 | $1,372,673
$113,517
$654,519
$382,150
$1,283,992
$362,817 |
•
1
1
1
B.—Boiler and Machinery. C.—Credit. E.—Earthquake. Ex.—Explosion. F.A.-
Note.—The entire business of this Insurer has been reinsured by one or more Insurers whose names
—Falling Aircraft. F.—Forgery
are included in the foregoing table,
H.—Hail. L.H.—Limited Hail. I.V.—Impact by Vehicles. L.S.—live Stock,
and the figures in the latter case are included in the figures for that Insurer or Insurers.
S.L.—Sprinkler Leakage.
T.—Titid;
WJ5.—Water Damage.
W.—Windstorm and Weather.
  REPORT OF THE SUPERINTENDENT OF INSURANCE,  1961
B 75
TABLE IX.—OTHER INSURANCE (TABLE VIII) SUMMARY
(Figures shown in nearest thousand.)
Class of Insurance
1957
1958
1959
1960
1961
Accident—
Personal accident, P	
Personal accident, L 	
Public liability, P.	
Public liability, L 	
Employer's liability, P 	
Employer's liability, L	
Combined accident and sickness,
P.    	
Combined accident and sickness,
L  	
Sickness, P.
Sickness, L._
Aircraft, P..
Aircraft, L...
Guarantee, P..
Guarantee, L..
Inland transportation, P..
Inland transportation, L..
Marine, P 	
Marine, L	
Plate-glass, P 	
Plate-glass, L._
Personal property, P.-
Personal property, L.Real property, P	
Real property, L	
Theft, P 	
Theft, L	
Other forms, P...
Other forms, L...
Total, P._
Total, L...
$1,131,000
1,000,000
2,265,000
955,000
156,000
84,000
6,901,000
4,240,000
489,000
162,000
1,475,000
606,000
994,000
180,000
1,262,000
1,171,000
3,598,000
2,599,000
206,000
183,000
4,794,000
4,569,000
432,000
5,572,000
456,000
290,000
1,000,000
417,000
$25,159,000
22,028,000
$807,000
470,000
2,820,000
1,020,000
93,000
73,000
8,240,000
4,856,000
155,000
59,000
1,791,000
930,000
856,000
340,000
1,207,000
717,000
3,086.000
2,492,000
237,000
152,000
5,981,000
3,425,000
911,000
-3,173,000
551,000
385,000
1,312,000
359,000
$28,047,000
12,105,000
$792,000
129,000
3,158,000
1,360,000
68,000
7,000
9,015,000
5,313,000
138,000
18,000
2,099,000
49,000
935,000
400,000
1,117,000
294,000
3,819,000
2,290,000
349,000
171,000
6,878,000
2,681,000
723,000
— 176,000
629,000
329,000
1,042,000
403,000
$30,762,000
13,268,000
$839,000
140,000
3,233,000
1,255,000
63,000
29,000
9,826,000
5,825,000
158,000
55,000
1,659,000
943,000
1,020,000
113,000
416,000
378,000
3,898,000
1,933,000
350,000
206,000
7,095,000
5,782,000
1,373,000
114,000
655,000
382,000
1,284,000
363,000
$31,869,000
17,518,000
$991,000
338,000
3,719,000
1,469,000
74,000
41,000
10,851,000
6,776,000
152,000
53,000
2,182,000
802,000
1,090,000
268,000
797,000
722,000
3,342,000
2,401,000
363,000
205,000
7,267,000
3,390,000
1,595,000
329,000
673,000
211,000
1,060,000
483,000
$34,156,000
17,488,000
Printed by A. Sutton, Printer to the Queen's Most Excellent Majesty
in right of the Province of British Columbia.
1962
1,260-762-1358
I
 

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