DIVISION A.-Registered Dominion Licensees; being Insurance Corporations, Companies or Underwriters operating under the Insurance Act of Canada, and registered by the Province of Ontario, for the transaction of insurance in the Province :— Abstracts of Applications for Registry.... Pages A 1 et seq. DIVISION B.-Provincial Licensees; being Insurance Companies licensed, inspected and registered by the Province of Ontario for the transaction of insurance therein : I. Detailed Statements of Joint Stock Life Insurance Companies. Pages B 3 et seq. III. Detailed Statements of Joint Stock Fire Insurance Com panies..... IV. Detailed Statements and Synoptical Tables of Cash Mutual V. Detailed Statements and Synoptical Tables of Strictly Mutual VI. Comparative Summary of Assets and Premium Notes of .Pages B 11 et seq. Pages B 33 et seq. Pages B 95 et seq. Pages B 253 et seq. VII. Detailed Statements of Mutual Live Stock Companies....... Pages B 265 et seq. DIVISION C.-Friendly Societies: being Societies registered by the Province of Ontario for the transaction of insurance therein : I. Abstracts of Annual Statements for year ending 31st Decem- Pages C 1 et seq. II. Comparative Tables showing Life Insurance, Sick and APPENDIXES :— I. UNREGISTERED INSURANCE CORPORATIONS: Prohibitions and Penalties,-Ontario Insurance Act, R. S. O., 1897, c. 203, secs. 85 to 86a with amendments to 1906 (inclusive). Page C 209 et seq. II. OBSERVATIONS ON THE ONTARIO STATUTORY CONDITIONS OF FIRE INSURANCE, with particular reference to Statutory Conditions Nos. 1 to 4 (R.S.O. 1897, c. 203, s. 168, [1, 2, 3, 4]): An Address by Mr. J. Howard Hunter, M.A., K.C., Inspector of Insurance, to the Mutual Fire Underwriters' Association at the Annual Meeting in the Temple Building, Toronto, on 28th February, 1906, Page C 210 et seq. III. FIRE INSUrance on StanDING TIMBER IS NOT AUTHORIZED by R. S. O. 1897, c. 203, s. 166 (1): Canadian Pacific Railway Co. v. Ottawa Fire Insurance Company. Page C 226 et seq. IV. DEALINGS BY NEWSPAPERS IN INSURANCE CONTRACTS: Commonwealth of Pennsylvania ex rel. Hensel, Attorney-General v. Philadelphia Inquirer. Page C 230 et seq. V. POWER OF INSURANCE COMPANY TO ALTER RIGHTS OF POLICY-HOLDER IN PARTICIPATION OF PROFITS: British Equitable Assurance Company v. Baily.-House of Lords, Dec. 15th, 1905. Page C 232 et seq. viii THE REPORT OF THE INSPECTOR OF INSURANCE. No. 10 VI. PRESUMPTION OF SURVIVORSHIP; Difference Between THE LAW OF ONTARIO AND THE LAW OF QUEBEC Re Phillips v. Canadian Order of Chosen Friends. Page C 237 et seq. : VII. POWER OF FRIENDLY SOCIETY TO MAKE RETROACTIVE RULES ALTERING PREMIUM RATES AND INSURANCE BENEFITS: (1) Bartram v. Supreme Council of Royal Arcanum.-Ontario Case (28th September 1905). Page C 242 et seq. (2) Reynolds v. Supreme Council of Royal Arcanum.-Massachusetts Case (18th May, 1906). Page C 244 et seq. VIII. PENSIONS under Police BENEFIT RULES: Slemin v. Toronto Police Benefit Fund (7th Nov., 1905) Page C 249 et seq. IX. FRIENDLY SOCIETIES.-The Aged Members: A Plea in Mitigation. An Address by Mr. J. Howard Hunter, M. A., K. C., Registrar of Friendly Societies, to the Canadian Fraternal Association, at the Annual Meeting, Toronto, 27th April, 1906. Page C 251 et seq. TABLES referred to in foregoing Address: TABLE A.-Part 1.-Net Level Annual Premium (payable in advance) for an All-Life Part 2.-Net Level Monthly Premium (payable in advance) for All-Life Insurance of $1,000; Interest at 4% per annum.-Ontario Table and National Fraternal Congress Table compared. Page C 260 et seq. TABLE B.-Deduced from Mortality Experience of National Fraternal Congress; Interest at 4% per annum. Net Level Annual Premium for an All-Life Insurance of $1,000 (N. F. C. Table here extended to age 98); also Yearly Insurance Cost per $1,000. Page C 261 et seq. TABLE C.-Net Annual Premiums for a Term Insurance of $1,000 to end (1) at age 65 ; (2) at age 70; deduced from the Mortality Table of the National Fraternal Congress, with interest at 4% per annum. Page C 262 et seq. Table D (1).—H" 3 per cent. Values of Annuity of 1 payable at end of each year; also Net Single and Annual Premiums (payable in advance) for Ordinary All-Life Insurance of 1. Page C 263 et seq. TABLE D (2).--H" 4 per cent. Values of Annuity of 1 payable at end of each year; also Table D (3).—H" 4 per cent, Values of Annuity of 1 payable at the end of each year ; INDEXES: Index A:-Dominion Licensees, standing registered at the 30th August, 1906-being Insurance Corporations, Companies or Underwriters operating under the Insurance Act of Canada and registered by the Province of Ontario for the transaction of insurance in the Province. Index B-Provincial Licensees, standing registered at the 30th August, 1906-being Insurance Corporations licensed, inspected and registered by the Province of Ontario, for the transaction of Insurance therein. Index C-Friendly Societies, standing registered at the 30th August, 1906-being Societies registered by the Province of Ontario, for the transaction of insurance therein. DIVISION A. INSURANCE CORPORATIONS, OR COMPANIES, OPERATING UNDER THE INSURANCE ACT OF CANADA, AND REGISTERED BY THE PROVINCE OF ONTARIO FOR THE TRANSACTION OF INSURANCE IN THE PROVINCE. DIVISION A.-INSURANCE CORPORATIONS OR COMPANIES, OPERATING UNDER THE INSURANCE ACT OF CANADA AND REGISTERED BY THE PROVINCE OF ONTARIO FOR THE TRANSACTION OF INSURANCE IN THE PROVINCE. NOTE. The report upon Division A made on the 26th January, 1893, described fully their mode and place of incorporation; their statutory powers, duties, rights and obligations; their internal organization; the relation of the members inter se; the liabilities of the members to the creditors of the Company; the kind or kinds of insurance for which the Company is registered in Ontario; and the extent to which assets of the Company have been deposited in various countries as special security for the policyholders of those several countries. In the present report, except in the case of new admissions to registry, it has not been considered necessary to set out all of these details. Where any change has occurred in the Company's powers or status, of which the Department of Insurance has had notice, the nature and the extent of such change are indicated. All the Companies in Division A, except Ocean Marine Companies, make financial statements annually to the Dominion of Canada; and those statements as revised by the Dominion Superintendent can be found in the Superintendent's Annual Report. The balance sheets therefore printed here under Division A are limited to those of Ocean Marine Companies. The deposits of Companies in this Division have been revised up to the 17th May. 1906. [ A2 ] A la IN ALLIANCE ASSURANCE COMPANY, LIMITED. Register No. 2725. Certificate of Registry No. 1408. DIRECTORS AND OFFICERS. Directors: -Right Hon. Lord Rothschild, London, Eng.; Charles Edward Barnett, London; Right Hon. Lord Battersea, London; Frederick Cavendish Bentinck, London; Hon. Kenelem P. Bouverie, London; Thomas Henry Burroughs, London; Francis William Buxton, London; Major-General Sir Arthur Ellis, K.C.O.V., London; James Fletcher, London; John Cator, London; Francis Alfred Lucas, M.P., London; Hon. Harbord Lushington, London; Hon. Henry Berkeley Portman, London; Hon. Lionel Walter Rothschild, M.P., London; Hugh Colin Smith, London; Right Hon. Lord Stalbridge, London; Lieut-Colonel F. Anderson Stebbing, London; Sir Charles Rivers Wilson, G.C.M.G., C.B., London; Victor C. W. Cavendish, London; Col. the Hon. E. C. Digby, London; Francis Augustus Bevan; Percival Bosanquet, Esq.; John Hampton Hale, Esq.; Alex. Laurie, Esq.; Right Hon. the Earl of Verulam. Officers:-The Right Hon. Lord Rothschild, Chairman, London; Robert Lewis, General Manager and Secretary, London. 1. Head Office, London, England. Chief Agent and Attorney for Ontario, George McMurrich, Toronto. Suits by or against the Company may be brought in the name of the Alliance Assurance Company 2. The Company was originally constituted by deed of settlement dated the 4th August, 1824, under the name of the Alliance British and Foreign Life and Fire Assurance Company. The corporate name was changed to the Alliance Assurance Company, and the Company is now governed by the Act of the Imperial Parliament 49 and 50 Vict., chap. 74 (the Alliance Assurance Company's Act, 1886), and by the said deed as thereby altered. The Company was under the (Imperial) Companies Act, 1862 to 1900, registered as a Limited Company, 11th April, 1902. 3. The members are related as shareholders in a joint stock company with a capital of five million pounds, divided into 250,000 shares, each of the nominal amount of £20, on each of which the sum of £2 4s. is deemed to have been paid. The contracts of the Company contain a clause limiting the liabilities of the shareholders to the amount remaining unpaid on his or her share or shares; and see new paragraph 2 supra. NOTE. The clause above referred to is as follows: "Provided always that no member of the Company shall be liable for more than the unpaid portion of his share or shares in the Capital of the Company." 4. The Company is now authorized by license issued by the Dominion of Canada, bearing date the 31st day of March, 1906, and expiring on the 31st day of March, 1907, to transact Fire Insurance. 5. Deposited assets.-Assets of the Company are deposited and held in Canada as special security for the policy holders therein as follows: Deposit accepted at the value of $211,676, held by the Receiver-General of Canada. |