1 Ætna Mutual, American Manufacturers' Mutual, and the Home NUMBER OF AUTHORIZED COMPANIES. The entire number of fire insurance companies authorized to transact business in the state, and filing statements on December 31, 1894, was 83, divided as follows: Excepting the three domestic mutual companies named, the number remains the same as reported in 1893. Of the above number, 49 are conducted on the stock plan. The principal items of interest to policy-holders on the date mentioned were Compared with the condition of the stock companies authorized to do business in the state the previous year there has been a gain in paid-up capital of $450,000; in gross assets, $3,992,521.16; in unearned premiums, $2,962,221.55, and in surplus as to policy-holders, $3,925,976.76. The decrease, as against the business of 1893, was in risks written, $8,666; premiums and assessments received, $2,424.64; losses paid, $2,133.14, and in risks in force, $66,603. Companies of this class collect in cash a small percentage of their notes, depending on assessments to meet their losses. The three assessment mutuals, the Grange, Rockingham Farmers', and the Merrimack County, reported There has been an increase over the previous year in risks written of $507,318; in losses paid, $623.05; in risks in force, $750,732.55; and a decrease in the amount of premiums and assessments received of $4,786.07. Two of these companies, like the town mutuals, collect in cash a small percentage of the premium note, and depend on assessments to meet losses. The Grange Mutual collects a cash premium of half of one per cent. of the amount at risk, and a premium note of three per cent. of the amount at risk. As compared with the business done by three companies of the same class in 1893, there has been an increase in risks written of $910,308.96; in losses paid, $2,119.33; and a decrease in the amount of premiums received of $10,056.08. Companies of this class collect a full cash premium that is according to the rate established by the local board, and in addition, insert a stipulation in the policy providing for an assessment of once or twice the amount of the cash premium received. There has been a decrease as against last year in risks written of $13,564,722; in premiums received, $70,977.09; and an increase in the amount of losses paid of $44,421.98. These figures show a decrease of risks written, $12,976,373.96; in premiums received, $88,244.12; and an increase in losses paid of $37,328.57. COMPANIES OF OTHER STATES AND COUNTRIES. The New Hampshire business of the companies of this class was in Risks written Premiums received $33,828,209.10 492,936.33 Compared with the business of companies of the same class in 1893 there has been a decrease in risks written of $8,829,431.37; in premiums received of $78,233.57; and an increase in losses paid of $62,343.47. The entire business of all authorized fire insurance companies within the state during the year was in Risks written Premiums received Losses paid $76,071,775.54 987,777.27 showing a decrease in risks written of $21,815,805.43; in premiums received of $156,477.69; and an increase in losses paid of $99,642.04. As a matter of reference, the tabulation of the business transacted within the state by all authorized fire insurance companies since 1870 is continued in this report, accompanied by the ratios of losses paid to premiums received, and of premiums received to risks written. The same classification has been made as heretofore, the stock and cash mutual companies being grouped in the first table, the town mutuals in the second, and the assessment mutuals in the third. The latter consist of the Grange, Merrimack County, and the Rockingham Farmers'. A change has been made this year in the table devoted to these companies; heretofore the word "Expenditures" headed one of the columns; the word "Expenses" has been substituted therefor, and the figures given cover the managing expenses of the companies; Risks in force" have been substituted for "Risks written." 66 BUSINESS OF AUTHORIZED STOCK AND CASH MUTUAL FIRE INSURANCE COMPANIES FOR TWENTY-FOUR YEARS. 2,322,837 545.18 4,620.23 7,113.16 1,295.10 0.36 16 1879 1880 1881 2,207,693 602.77 3,226.01 2,088,891 558.44 5,987.96 3,686.89 2,306,261 1,323.83 2,114.31 2,429.28 1882 2,305,472 741.10 2,863.90 1,199.70 1883 2,207,149 798.77 1,134.23 1,041.52 1884 2,226,008 620.37 1,594.13 2,120.72 1885 2,261,312 660.50 2,882.38 2,722.50 3,237.32 1886 2,609,924 1,240.74 2,372.72 2,071.98 1,493.50 0.14 21 1887 2,992,227 2,156.66 2,143.00 0.17 23 9,423.36 1889 3,236,566 1,534.55 5,697.90 2,309.12 0.36 25 5,708.47 1,234.99 0.22 24 1890 3,232,458 1,683.07 5,261.81 1891 3,237,343 2,202.73 4,707.45 4,677.80 1892 3,221,214 2,004.70 7,116.21 3,027.50 1,125.61 0.13 22 1893 3,029,879 9,530.51 3,903.27 8,007.05 1,459.80 0.31 21 1894 2,963,275 1,998.16 5,107.47 5,874.36 2,272.55 0.27 21 $62,608,670 $35,187.29 $95,409.93 $92,378.54 $29,850.76 0.19 7,688.52 1,630.33 0.29 23 2,805.44 0.23 22 |