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 Incieased. $2,093,529 per dent in Payments to Pol- icyhlcgers and Addition to Resr e. $988,323 per day in Increase in Assets. Metropolitan Life Insurance Company Some Noteworthy Dailv Averages of tbe Company’s Business During 1930 Canadian Head Oï¬ce Assets over Three Billion Three Hundred Million Dollars FREDERICK H. ECKER, Insurance Company Metropolitan 1930 . . . . Paid-for Life Insurance Issued, Revived and Increased in 1930 . Income in 1930 . Increase in Assets during Assets . . . . . . $3,310,021,818.17 (Larger tban any otber ï¬nancial institution in the world) Liabilities . . . Statutory Reserve . . $2,870,453,034.00 Reserve for Dividends payable in 1931 upon Industrial Policies 44,568,1 56.00 Ordinary Policies 48,028,166.72 Accident and Health Policies 2,029, 1 50.00 Let them, and other citizens, exa- mine any chart of the unparal- leled prosperity of Canada and the United States over the past L record of achievement by men and women who are planning to avert want or to build estates. You may admire their steadfast- ness of purpose last year under handicaps which tested courage. These peopleâ€"policyholders of the Metropolitan Life Insurance Companyâ€"are building for their future. They would like to know what the future holds in store for them and for their countries as a whole. THE financial story below is a nnnnn ,1 . L AC AnLdn-wnmnnb -- “AAA. All Other Liabilities Unassigned Funds ncreased in 1930 . . 3,305,037,927.00 (Excluding Increase on Group Policies) Financial Report to Policy/aolders for Year Ending December 31, 1930 ( The assets of Metropolitan Life are time largest of any ï¬nancial institution in the world) Total Dividends 94,625,472.72 Metropolitan policy/JoIdemâ€"including about one-ï¬fth of the total populations of Canada and the United States â€"-â€"lJaz/e built up their reserves from millions into billions. This Company is a mutual organization. It has no stock and no stockholders. All of its assets are held for its Policyholders. THE PORCUPIN E ADVANCE, TIMMINS, ONTARIO Third Vice-President and Manager for Canada $3,3 10,02 1,818.17 863,230,995.“ $ 3,3 1 0,02 1 ,8 1 8. 1 7 Total Bonuses and Divi- 142,78 3,551.75 202,1 59,759.70 299,461,766.79 HENRY E. NORTH, Principal Sum Beneï¬t Weekly Indemnity . Ordinary Insurance . . $9,286,568,051.00 Industrial Insurance (pre- miums payable weekly or monthly) ~. . . .. 6,821,768,687.00 Group Insurance . . . 2,702,629,646.00 Toral Insurance in Force . 1 8,810,966,384.00 (Larger (ban any otbcr life insurance company in the world) Policies in Force . 44,826,363 (Including 1,492,052 Group Certiï¬cates) (Mm {ban any otber It]: cmrance company) 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 for- ward to greater heights of pros- perity and better, sounder stan- dards of living. Today our count- ries have more riches and better facilities than ever before with which to commence our next great period of development. A review of the ï¬nancial history of both Canada and the United States should turn any pessimist into an optimist. dends to Policyholders from 1897 to and includ- ing 1931 . Home Office: New York Accident and Health Insurance in Force Life Insurance in Force Vice-President and General Coma: LEROY A. LINCOLN, 31,4024 10,601.00 15,172,026.00 62 2,966,9 l 0.29 Ottawa, Canada 1910 1920 1’30 1870 1880 1890 Insurance Policies in Force at End of Year Number of Life Gm wtb in Ten- Year Periods Metropolitan Lite Insurance Cdmpany 9,331 $13,335,108 $833,914.19 117,088 19,167,349 1,947,821.79 2,099,882 235,037,926 10,781,17301 5,494,057 923,877,917 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 18.818.866.384 3,318,813,838." Lifc Insurance in Force at End of Year Thursday, Feb. 26th, 1931 Assets at End of Year