Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, June 29, 1907, Image 8

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PT^l t y 8 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” !==