THE UNITED STATES LIFE INSURANCE COMPANY. STATEMENT FOR THE YEAR ENDING 31ST DECEMBER, 1881. Amount of premiums received in cash during the year on life policies in Canada ........... ..... ...... Amount paid during the year on death claims in Canada ASSETS IN CANADA. United States bonds in deposit with Receiver-General..... LIABILITIES IN CANADA. Amount computed to cover the net reserve on all outstanding policies in $18,177 00 Deduct amount of deferred and outstanding premiums, less cost of collection at 10 per cent...... 259 18 Difference carried out Total net liability to policy-holders in Canada...... MISCELLANEOUS. Number of policies become claims in Canada during the year. ........ $1,000,000 00 250,000 00 187.500 00 ....... 1 $1,000 00 26 Number and amount of policies terminated during the year in Canada :— 1. By death..... 1 1,000 00 |