Timmins Newspaper Index

Porcupine Advance, 10 Mar 1932, 1, p. 2

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Thursday, March 10th, 1932 1871 1881 1891 1911 1921 Policies in Force Growth in Tenâ€"Year Periods (Position at End of Year) 196,678 2,281,640 6,234,802 12,007,138 B6 MrTroproLmraNn LirE INsURANCE CoOMPANY FREDERICK H. ECKER This Company is a $1/,,989,582 #$1,1 02,706.178 27,328,858 â€" 1,973,047.08 258,707, 768 â€" 13,626,948.21 1,076,977,204 _ 74,771,158 .56 2,399,878,087 853,018,477.36 7,005,707,839 1,115,583,024 54 ~19,447,343,949 3,590,115,653.72 Insurance Outstanding mutual organization. It has no stock and Assets Income in 1931 Increase in Assets during 193 I Paid for Life Insurance Issued, Revived and Increased in fom >‘ .. 12. (Excluding Increase on Group Policies) Insurance in force in Canada at end of N. :. t ns : n n ie n $1,036,135,928 Ordinary $569,724,057 : industfisl.s..........;... 393,989,651 72 422, 220 Insurance issued in Canada in 1931. ... 224,743,789 (Includes business revived and increased) Ordinary .. $128,227 , 494 89,853,099 6,663, 196 Investments in Canada............. Dominion Government 1108; ; snn $ 42,713,524 Provincial and Municipal Fonds.:... ... .:A 109,271,623 All other Investments. ... _ 79,051,376 Policies in force in Canada ........... (Including 42,628 group certificates) Payments to Canadian Policyholders it s ie e a in kss Cainadian Financial Report to Policyholders for Life Insurance, the great stabilizer of human welfare, carries on â€" (In accordance with the Annual Report filed THE PORCUPINE ADVANCE, TIMMINS, ONTARIO Canadian Business Third Viceâ€"President and Manager for Canada MHead Office: OT T A WA HARRY D. WRIGHT 3,430,199,381,.00 CANADIAN HEAD OFFICE: OTTAWA 907,093,871.37 280,093,835.55 stockholders. All of with the New York State Insurance Department.) | payable weekly or monthly) 6,822,317,171.00 Group Insurance | . . . . . 2,776,032,647.00 Total Insurance Outstanding $19,447,343,949.00 (Larger than any other life insurance company in the world) Policies in Force (Including 2 1,491,981 Group Certificates) . . 44,520,810 (More than any other life insurance company} Principal Sum Benefit Weekly Indemnity comfort. It paves the way to education; to replacement of earning power cut off by death; to establishment of credit; to liquidation of indebtedness; to estate creationâ€"to these and â€" other family or business objectives. Year Ending December 31, 1931 Accident and Health Insurance Outstanding Life Insurance Outstanding its assets are held for the benefit of its Policyholders. $9,848,9914,131.00 $1,519,460,528.00 14,969,413.00 $723,377,180.89 $231,036,523 22,632,607 2,824,061 2,177 per day, Claimg Paid. 18,959 per day, Policies Issued and Revived. $11,320,790 per day in Amount of Life Insuraswe Issued, Revived and Increased. $2,226,280 pber day in Payments to Policyholders and Addition to Reserve. s V icePresident and General Counse $924,402 per day in Increase of Assets. LEROY A.; LINCOLN Daily Averages in 1931 Home Office: NEW YORK ‘% ‘.â€".M‘-nâ€"..’flâ€"

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