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THE ATLANTA GEORGIAN AND NEWS.
SATURDAY. JUNE 2*. DOT.
GEORGIA INSURANCE COMPANY
Leads All in the United States
1 IN INCREASE IN VOLUME OF BUSINESS
IN INSURANCE WRITTEN IN GEORGIA
J
THIS SURPRISES YOU?
READ THE FIGURES!
INCREASE IN VOLUME. ..
A comparison of the new business written in 1006
with the new business written in 1905 shows that
the gain of the State Mutual Life of Georgia was
greater than that of any other company in the
JJnited States, although most of the companies op
erate all over the country and even in Europe. The
State .Mutual writes insurance only in the South
ern States, and its new business was obtained by
less than 600 agents, while some of the big com
panies employ from 4,000 to 8,000 agents.
These figures are compiled from the Insur
ance Leader and from the Pocket Index issued
by the Spectator Company, a standard Insurance
publication.
Rank. Company. Increase.
I.State Mutual Life of Georgia. $23,162,084
2. Union Central $21,061,832
3. Kansas City Life 6,130,283
4. Columbia National 5,508,745
5. Federal Life 5,467,196
6. LaFayette Life 3,921,000
7. Capital Life 3,627,750
8. Greensboro Life 2,418,700
9. Security Life & Annuity (N. C.) 1,734,000
10. Home Life 1,551,571
11. Bankers Reserve (Omaha) 1,534,000
12. Reliance Life 1,195,959
13. Pittsburg Life and Trust ...... 869,824
14. Columbia, Cincinnati 865,649
15. National, U. S. A. 788,726
16. Travelers 788,505
17. Lincoln National 729,500
18. Commonwealth, Kentucky 700,000
19. Indianapolis Life 675,000
20. Southern Life and Trust 633,750
21. South Atlantic, Virginia 480,819
22. Beneficial, Utah ..' ,V. 466,500
23. Volunteer, Chattanooga 392,500
24. Equitable, Iowa 304,695
25. Metropolitan 290,310
26. Union Mutual 248,263
27. Majestic, Indiana 218,982
28. Central of Des Moines 163,142
29. Western and Southern 75,276
30. Hartford Life 41,720
31. Germania Life ’ 19,479
COMPANIES SHOWING LOSSES.
32. Philadelphia Life 65,450
33. Royal Union .110,236
34. American, Des Moines 295,800
35. Des Moines Life, Iowa 599,237
36. Bankers, Nebraska 688,386
37. Missouri State Life 799,835
38. Security Mutual, Nebraska .... 826,076
39. Northwestern Mutual 851,555
40. Southwestern, Dallas 1,139,519
41. Connecticut Mutual 1,398,771
42. Aetna Life 1,682,069
48. Provident L. & T 1,798,546
44. Security Life and Annuity 2,145,679
45. Citizens Life of Kentucky 2,198,110
46. Northwestern Mutual 2,343,681
48. Franklin, Illinois 2,389,562
49. United States, New York 2,525,145
50. Illinois Life 2,725,061
51. American Central 3,702,550
52. State Mutual of Mass 4,415,434
53. Manhattan 4,705,672
54. National of Vermont 4,722,269
55. Fidelity Mutual 5,045,962
56. Mass. Mutual 6,557,600
57. Security Mutual 5,667,149
58. Mutual Reserve 5,688,299
59. New England Mutual 6,138,700
60. Union Central 6,571,486
61. Inter-State, Indian 8,779,384
62. John Hancock 9,383,832
63. Penn Mutual 11,011,102
64. Mutual Benefits 11,238,954
65. State Life of Indiana 12,209,557
86. Provident Savings 14,073,468
67. Prudential 19,526,239
68. Metropolitan 34,245,961,
69. Mutual of New York 98,252,369
70. Equitable 133,370,195
71. New York Life 147,369,557
STATE MUTUAL LIFE LEADS FOR GEORGIA RESULTS.
H ERE is a list of the. companies reporting to the Georgia department, showing the volume of business enjoyed by these companies in
Georgia for the year 1906. The Southern companies are indicated by italics. The State Mutual issued in Ga. in 1906 just about twice
the amount of business of the “Big Three” combined. The State Mutual issued $3,000,000 in Georgia in excess of the combined business
of all the other Southern companies. Since fixed expenses decrease proportionately with increased business, the following table, placing
the State Mutual far ahead of all competitors in Georgia, holds intense interest for policy holders concerned in economical management
and heavy dividends. These figures are taken from the file in the office of the Georgia Comptroller-General. v
COMPARISON OF STATE MUTUAL AND "BIG THREE” IN GEORGIA.
$8,866,151
STATE MUTUAL LIFE
Mutual Life ||2,115,170 I
Equitable Life y 673’,U2||
Total Business of “Big Three” 4,371,824
What the Companies Did in Georgia. Figures Com
piled from Company Reports Made to the
Georgia Comptroller General.
Rank.
3.
4.
5.
6.
7.
8.
9.
10.
Name. No. of Policies Amount. , Average
Issued. Policy.
State Mutual of Ga 2440 $8,366,151 $3,428
Penn Mutual 2832 5,0.76,132 1,798
Mutual Benefit 1203 2,224,141 2,157
New York Life 943 2,115,170 2,243
Southern States 446 1,954,000 4,381
Northwestern Mutual... 705 1,906,300 2,703
State Lifo 535 1,768,570
Empire Mutual 738 1,743,000
Union Central 858 1,617,306
Mutual Life 784 1,583,54"
11. Prudential 771 1,325,391
3,305
2,335
1,885
1,294
1,719
12. Aetna 806 1,213,561 1,506
13. Citizens Life 387 1,177,000 3,041
14. Sun Life 564 1,111,199 1,970
15. Massachusetts Mutual.. 498 986.312 1,680
16. Provident Savings 344 923,046 2,683
17. Mutual Reserve 691 894,266 1,294
18. New England Mutual... 417 872,928 2,093
19. Michigan Mutual 217 802,967 2,389
20. Equitable 317 673,112 2,123
21. Columbia National 217 610,762 2,814
22. Franklin 391 539,661 1,536
23. Reliance Life 393 502,520 1,278
24. Fidelity Mutual 268 497,646 1.380
25. State Mutual of Mass.. 233 467,787 2.007
26. Pacific Mutual 241 467,558 1,940
27. Reserve Loan 260 455,990 1,753
28. Union Mutual 292 363,074 >,243
29. Manhattan 286 360.810 1,260
30. National Life 266 35?,659 1,329
31. Germania 220 i 338,000 1,536
32. Home Life 103 335,035 3,252
33. "Missouri State 196 329,342 1,680
34. Security Mutual 164 308,245 1,879
35. Volunteer State ........ 149... 302,000 2,022
36. Security Life A- Annuity 152 277.300 1,824
37. Phoenix Mutual 143 273,370 1,939
38. Illinois Life 175 273,035 1,551
39. Travelers Life 65 198.304 3,050
40. "Life Ins. Co. of Va.... 181 137,150 746
41. Connecticut Mutual 53. 95,936 1,810
42. Washington Life 29 41.078 1,416
43. Maryland Life 6 9,150 1,525
•Issued and Revived.
$100,000 Registered
Georgia Bonds
Deposited by this
Company with Georgia
Treasurer for protec
tion of Policy Holders.
Reports of its
business made
semi-annually to
State of Georgia.
Business Examined
yearly by expert
actuary appointed by
State of Georgia.
State Mutual Life Insurance Company
C. R. PORTER, President. Head Office: Rome, Ga.
“SOLID AS THE SOUTH” !==