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THE ATLANTA GEORGIAN AND NEWS,
HATPIIDAT, JULY 20. 1W.
3
Georgia Insurance company
Leads All in the united States
IN INCREASE OF VOLUME OF BUSINESS
IN INSURANCE WRITTEN IN GEORGIA
This Surprises You ? Read the Figures J
r
INCREASE IN VOLUME
A comparison of the new business written
In 1906 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 United States, although most
of the companies operate all over the country
jmd even in Europe. The State Mutual writes
insurance only in the Southern States, and it3
new business was obtained by less than 500
ogcnts while some of the big companies em
ploy from 4,000 to 8,000 agents.
These figures are compiled from The In
surance Leader and from the Pocket Index
Issued by the Spectator Company, a standard
Insurance publication.
link. COMPANY. ,were»*e.
1. STATE MUTUAL LIFE of Georgia, $23,162,084
2. Union Control 21,0(1,832
J. Kanoao City Ufa ..
4. Columbian National.... .... ....
5. Federal Lira
5. LaPayetto Ufa .
7. Capital Ufa * ...
I. Greensboro Life.... .... .... ...
I. Security Ufa and Annuity (N. a).
19. Homo Ufa ...
II. Bankera' Reaerva, Omaha,. .... ;
12. Rellanct Life.... ....
13. Pittsburg Life and Tjuot.. .. ....
14. Columbia, Cincinnati ....
13. National U. 8. A.
It. Traveler*
17. Lincoln National
13. Commonwealth, Kentucky.. ....
6,130,283
6,808,748
5,467,196
3.921.000
3,627,760
2,418,700
1.734.000
1,551,571
1,*>34,000
1,195,969
869,824
865,649
788,726
-788,505
729,500
700,000
19. Indlanapollt Life.. 675,000
M. Southern Ufa and Truat.
11. South Atlantic, Virginia..
12. Beneflolal, Utah
23. Volunteer, Chattanooga..
K Equitable, Iowa
15. Metropolitan
it. Union Mutual..
b. Majeotlo, Indiana
it. Central of Dee Molnea-. .
II. Western and Southern.. ,
90. Hartford Life
It. Germania Ufa
COMPANIES SHOWING LOSSES.
633,750
480,819
465.500
392.500
304,695
-29(^310
248,263
218,982
163,142
75,276
41,720
19,479
Philadelphia —65,460
Rojral Union.. ... —110,216
American, Dea Molnea —296,800
Dea Molnea Lire. Iowa... ...... —599,2*7
Bankers, Nebraska —688,386
. Missouri State Ufe —799,885
Security Mutual, Ncbraaka .... —820,076
Northwestern Mutual . —881,655
Southwestern, Dallas.. .. .... —1.180,619
Connecticut Mutual.. —1,898,771
Aetna Ufe —1,682,068
Provident L. and —1.798.846
Security Ufo and Annuity —2,145,679
Citizens' Ufe of Kontuoky... —2,198,110
Northwestern National —2,288.344
Michigan Mutual., .... .... .... ...... •• —2.343*681
Franklin, Illinois
United States, New York —1,636,145
Illinois Ufo. • • • —2.725,061
American Central.. .... —8.702,550
8tato Mutual of Massachusetts. —4,415,434
Manhattan.... .... .... .... ... .... .... —4.705,672
National of Vermont.. —4.722,209
Fidelity Mutual ,, ,,.. .... „ •• —5,045,962
Massachusetts Mutual -<,567,600
Security Mutual —6.661,149
Mutual Reserve *. —6,681,299
New England Mutual.. ■“JW.70J
Union Central.... »••* •••• •••• ••••••*• 6»571i48fl
Inter-state, Indiana —8,779,884
John Hancock. -9.888,832
Pena Mutual .. •••• ... —11.011,102
Mutual Benefit .... .... —11.188,954
State Ufo of Indiana —12,209,557
Provident Savings '...... ...... —14,073,468
Prudential.. .... ,. .. .... •»...» .. .... —18.526,239
Metropolitan,,
Mutual of New York —98.262,369
Equitable —133,370,195
New York Life. —147,860,667
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 Georgia 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 busi
ness 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 policyholders concerned in economical management and heavy dividends. These
figures are taken from the file in the office of the Georgia Comptroller-General:
Comparison of State Mutual and “Big Three” in Georgia:
STATE MUTUAL LIFE $8,366,151
New York Life $2,115,170
Mutual Life 1,583,542
Equitable Life 673,112
Total Business of ‘‘Big Three” $4,371,824
What the Companies Did in Georgia. Figures Compiled
from Company Reports Made to the Georgia
Comptroller-General:
Name
No. of Policies
Issued
1.
2,
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14;
15.
16.
A7.
18.
19.
20.
21.
STATE MUTUAL OP GA... .2,440...
Penn Mutual 2,832...
Mutual Benefit ..... 1,203...
New York Life 943...
Southern States .... 446...
Northwestern Mutual 705...
State Life 535...
Empire Mutual 738...
Union Central 858...
Mutual Life 734...
Prudential 771...
Aetna 806...
Citizens Life 387...
Sun Life 564...
Massachusetts Mutual 498...
Provident Savings 344...,
Mutual Reserve 691...,
New England Mutual 417...,
Michigan Mutual 217...,
Equitable 317...,
Columbian Natioual 217....
£4.
23.
Reliance Life
• OV1..
. 393..
* * *"
24.
Fidelity Mutual
. 268..
25.
State Mutual of Mass
. 233..
26.
Pacific Mutual
. 241..
27.
Reserve Loan
. 260..
28.
Union Mutual
. 292..
29.
Manhattan ......
286..
30.
National Life
. 266..
.
31.
Germania
. 220..
32.
Home Life
. 103..
33.
“Missouri State
. 196..
34.
Security Mutual..
. 164..
♦ » *it
35.
Volunteer State
. 149..
36.
Security Lifo & Annuity
152..
• • . . .
37.
Phenix Mutual •
143..
38.
Illinois Life ....
175..
.39.
Travelers Lifo
65..
40.
“Life Ins. Co. of Va..
181..
41.
Connecticut Mutual ...... ....
53...
42.
Washington Life.. ...
29...
-
43.
Maryland Lifo
6...
*
.$8,366,151.
. 5,076,132.
. 2,224,141.
. 2,115,170.
. 1,954,000.
. 1,906,300.
. 1,768,570.
, 1,743,000.
. 1,617,306.
. 1,583,542.
1,325,391.
1,213,561.
1,177,000.
1,111,199.
986,312.
923,046.
894,266.
872.928..
802.967..
673.112..
610.762..
539.661..
502.520..
497.646..
467.787..
467.558..
455.990..
363.074..
360.810..
355.659..
338.000. .
335.030..
329.342..
308.245..
302.000. .
277.300..
273.370..
273.035..
198.304..
137.150..
95.936..
41.078..
9,150..
Average
Policy
....$3,428
... 1,798
... 2,157
... 2,243
... ; 4,381
... 2,703
... 3,305
... 2,335
... 1,885
... 1,294
... 1,710
... 1,506
... 3,041
.... 1,970
... 1,680
... 2,683
... 1,294
....2,093
... 2,389
... 2,123
... 2,814
... 1,536
... 1,278
... 1,380
... 2,007
... 1,940
... 1,753
... 1,243
... 1,260
... 1,329
... 1,536
... 3,252
... 1,680
... 1,879
... 2,022
... 1,824
... 1,939
.. 1,551
.. 3,050
.. 746
.. 1,810
.. 1,416
.. 1,525
“Issued and Revived.
$100,000 Registered
Georgia Bonds
Deposited by this
Company with
Georgia Treasurer for
Protection 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, GEORGIA