Report of the Superintendent of Insurance of the Dominion of Canada © 1896
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22 DEPARTMENT OF FINANCE–INSURANCE BRANCH.

The list does not differ from that of the year 1895.
The premiums received were $69,750, guaranteeing an amount of $13,707,475, and
the net amount paid for claims was $12,809 with $3,326 claims not settled.
The Guarantee Company of North America transacts business outside of the
Dominion, which is not included in the above.

PLATE GLASS INSURANCE IN CANADA, 1896.
The business of plate glass insurance was transacted by three incorporated com-
panies, viz. : 2 Canadian (1 of which combined it with accident insurance), and 1
American, and by 2 firms of individual underwriters, having their chief place of bus-
iness in the city of Montreal.
The companies and the individual underwriters above referred to, having adopted
the system of insurance by replacement, instead of paying the value of the glass broken,
and their contracts not stating any amounts as insured thereby, their returns do not
show the amount of insurance effected during the year, nor the amount in force at the
end thereof. The premiums received during the year in Canada for plate glass in-
surance were $51,326, being greater than the amount received the previous year by
$231, and the total losses incurred were $24,614, being $916 less than the amount
incurred in 1895. An abstract will be found at page 98.

BURGLARY INSURANCE, 1896.

This branch of insurance, which is transacted to a considerable extent in Great
Britain, was introduced into Canada four years ago. On the 14th June, 1893, a license
was issued to the Dominion Burglary Guarantee Company (Limited), whose head office
is at the city of Montreal, to transact the business of guaranteeing against loss or dam-
age by reason of burgiarly or housebreaking, and guaranteeing against loss of jewellry,
bullion and other movable property deposited with it for safekeeping. This company
which was incorporated by an Act of Parliament of Canada, assented to on the 1st
April, 1893, is the only company licensed by this department. to carry on the business
of burgiarly insurance in Canada. A table showing the premiums received by it, the
number of policies issued, the amount insured thereby, the number and amount of
policies in force at the end of the year, the amount of claims paid, &c., will be found at
page 97.

At the present time there are ninety-seven (97) companies under the supervision of
thisoffice. The nature of the business transacted by them is as follows :
Number of companies doing life insurance 41
do do do assessment plan 9
do do fire insurance 32
do do inland marine insurance 7
do do ocean marine do 2
do do accident do 9
do do guarantee do 4
do do steam boiler do 1
do do plate glass do 5
do do burglary guarantee do 1
do do registered mail do 1
do do sickness do 3

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