THE OSHAWA DAILY TIMES, MONDAY. FEBRUARY 23, 1931 'Assets over Three Billion Three Hundred Million Dollars (The assets of Metropolitan Life are the largest of any financial institution in the world) Insured ad Assured Metropolitan policybolders--including about one-fifth of the total populations of Canada and the United States --have built up their reserves from millions into billions. 3 Some Noteworthy Daily Averages of the Company's Business During 1930 2,144 per day in Number of Claims Paid. 19,639 per day in Number of Life Insurance Policies Issued and Revived. $10,907,716 per day in Amount of Life Insurance Issued, Revived and Increased. $2,093,529 per day in Payments to Pol- icyholders and Addition to Reserve. $988,323 per day in Increase in Assets. Metropolitan Life Insurance Company THe financial story below is a record of achievement by men and wo- men who are planning to avert want or to build estates. You may admire their steadfastness of purpose last year under handicaps which tested courage. These people -- policyholders of the Metropolitan Life Insurance Company --are building for their futurc. They would like to know what the future holds in store for them and for their countries as a whole. Let them, and other citizer:, ¢xamine any chart of the unparalic'z1 pros- perity of Canada and the United States over the past hundred years, It appears not merely as a jagged line, but as a series of towering steps which rise steadily onward and upward. It is heartening now to recall that, after each depression, our countries have always gone forward to greater heights of prosperity and better, soun- der standards of living. Today our countries have more riches and better facilitics than ever before with which to commence our next great period of development. A review of the financial history of both Canada and the United States should turn any pessimist into an op- timist. Financial Report to Policybolders for Year Ending December 31, 1930 Assets + . . $3,310,021,818.17 (Larger than any er financial institution in the world) Liabilities Statutory Reserve . . . . $2,870,453,034.00 Reserve for Dividends payable in 1931 upon Industrial Policies Ordinary Policies Accident and Health Policies 44,568,156.00 . 48,028,166.72 2,029,150.00 Total Dividends All Other Liabilities . Unassigned Funds . . . 94,625,472.72 142,783,551.75 202,159,759.70 $3,310,021,818.17 863,230,995.31 299,461,766.79 Incomein 1930 « + + Increase in Assets during 1930 . Paid-for Life Insurance Issued, Revived and Increased in 1930 (Excluding Increase on Group Policies) 3,305,037,927.00 idends to to and Total Bonuses and Dis Policyholders fr m 18¢ including 1931 622,966,910.29 Life Insurance in Force Ordinary Insurance $9,286,568 051.00 Industrial Insurance (premiums payable weekly or monthly Group Insurance Total Insurance in Force (Larger than any other life insurance PoliciesinFotrce . . . . . (Including 1,492,052 Group Certificates) (More Pan any other life insurance company) 6,821,768,687.00 2,702,629,646.00 18,810,966,384.00 rprany. in the world) 44,826,363 Accident and Health Insurance in Force $1,402,110,601.00 Principal Sum Benefit . . . ! 15,172,026.00 Weekly Indemnity + Canadian Head Office Growth in Ten-Year Perioas Number of Life Insurance Policies in Torce at End of Year 1870 1880 1890 1900 1910 1920 1930 Assets | at End of Year Life Insurance in Force at End of Year $13,335,108 19,167,349 235,037,926 923,877,917 $833,914.19 1,947,821.79 10,781,173.01 62,158,034.33 11,288,054 2,215,851,388 313,915,172.39 24,176,752 6,380,012,514 980,913,087.17 44,826,363 18,810,966,384 3,310,021,818.17 9,331 117,088 2,099,882 5,494,057 Metropolitan Life Insurance Company Metropolit Insurance Company This Company is a mutual organization. It has no stock and no stockholders. All of its assets are held for its Policyholders. FREDERICK H. ECKER, President Ottawa, Canada Home Office: New York LEROY A. IINCOLN, Vice-President and General Cownsel HENRY E. NORTH, vl faird Vice-President and Manager for Canada &