SIR-I have the honor herewith to transmit to the Legislature the Annual Report of the Superintendent of the Insurance Department, for the year ending December 31, 1879 Very respectfully, Your obedient servant, JOHN F. SMYTH, SUMMARY OF CONTENTS OF PART I. YAssets of New York Mutual Insurance Companies... VI. Liabilities of New York Marine Insurance Companies. No. VII. Income of New York Marine Insurance Companies.. No. VIII. Expenditures of New York Marine Insurance Companies... X. Assets and Liabilities of Home and Branch offices of Foreign Companies, XI. Income and expenditures of Home and Branch offices of Foreign Com- No. XII. Net assets, risks in force, risks written, with ratios No. XIII. Income, expenditures, losses, expenses and dividends, with ratios. No. XVI. Changes in capital, new Companies organized. Companies withdrawn and Companies admitted.. No. XVII. List of Companies authorized to transact business, and names of officers, and names of attorneys on whom process can be served...... Fire and Fire Marine Insurance Companies of other States........ Mutual Fire Insurance Companies of other States.. SUPERINTENDENT'S REPORT. PART I. FIRE AND MARINE INSURANCE. STATE OF NEW YORK: INSURANCE DEPARTMENT, ALBANY, February 17, 1880. The Superintendent has the honor to present the Twentyfirst Annual Report of the Insurance Department of the State of New York. At the close of the year 1879 the Fire, Fire Marine and Marine Insurance Companies doing business in this State, were possessed of $164,160,652.90 of admitted assets, not including assets held abroad by foreign companies, or premium notes of mutual companies, a decrease of $553,963.66, as compared with the sum reported the preceding year. The liabilities of these companies, excepting scrip and capital, amounted to $50,514,267.15, which is $1,729,779.50 greater than was then returned. The income of the year was $68,590,660.56, and the expenditures $64,846,521.57, an increase of $275,067.57 in income, and $2,167,210.49 in expenditures, as compared with the previous year. The whole number of companies which reported last year was 188, being eleven less than reported in 1878. BUSINESS OF 1879. Table No. I shows the amount and character of the assets of the Fire and Fire Marine Insurance Companies of this |