Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 20, 1907, Image 3

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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