United States yearbook - 1940 (1)

ITB1E LOSSES' 295
N o . 3 1 7 .— F i r e a n d L ig h t n i n g I n s u r a n c e — B u s in e s s T r a n s a c t e d b y M e m ­
b e r s o p t h e N a t io n a l B o a r d o p F i r e U n d e r w r i t e r s , C o n t in e n t a l U n it e d
S t a t e s a n d O u t l y in g T e r r i t o r i e s a n d P o s s e s s io n s : 1920 t o 1938
[All money figures in million! and tenth! of million! of dollar!. No later data available]
m e m s 1930 m s m e 1937 1938
Number of companies, totaf___ 150 210 239 190 197 198 198
United States companies... 121 166 199 160 160 161 101
Foreign companies........ ...... 45 45 40 36 37 37 37
Net premiums written_______ 633.9 644.3 684.0 381.7 371.4 m o 360.9
Net premiums earned________ 150.9 699.0 614.7 380.5 373.9 372.2 368.5
N et losses paid_____________ _ 226.0 351.1 320.4 137.0 153.4 145.9 161.3
Not losses incurred................... Z46.1 354.1 329.7 135.0 153.9 140.3 160.4
219. 5 281.2 304.0 189.5 186. 2 186.4 184.6
Taies.*___ _______ _________ 27.6 20.1 29.7 19.1 19.8 18.3 18.6
Percent oi—
N et losses incurred to net
premiums earned_______ 54.6 69.1 63.6 35.fi 41.1 39.3 40.8
Net expenses to net premiums
earned_________ 4 8.7 46.9 49.4 49.8 49.5 49.8 49.8
N et expenses to net prorations
written.............. 41.1 43.6 62.0 49.6 50.1 48.6 50.2
Taxes to net premiums
written............................... 5 .2 3 .1 5.1 fi.0 5.3 4 .8 5.0
No. 318.— F i r e L o s s e s , T o t a l a n d P e r C a p i t a , C o n t i n e n t a l U n i t e d S t a t e s :
1876 t o 1939
N o t e .— Amount*, except per capita, in thousand* of dollar*. Prior to 1916 figures are as compiled by the
New York Journal of Commerce and include losses oi $10,000 or over in the principal cities of the United
States, adding 16 percent (or small and unreported losses. These figures are not comparable with those
shown (or later years (the 1010 Journal of Commerce figure being $211,531,000 as against $268,378,000)
which cover all fires reported to the Actuarial Bureau Committee, adding 25 percent (or unreported
and uninsured losses prior to 1935 and SO percent thereafter
YEABLY
a v e r a g e o r
YEAR
Loss
YEARLY
AVERAGE OR
YEAR
Loss
YEARLY
AVERAGE OR
YEAR
Loss
YEARLY
AVERAGE OR
YEAR
Loss
1878-1880. . 69,912 inni ... 166,818 1014 221,439 1927 472,934
1881-1885......... 95,763 iw ra ............ 161,078 1 0 1 6 ............... 172,033 1Q2R— ............. 464,607
1886-1890......... US, 02? i{m 146,302 1 0 1 0 ......... ........ 1268,378 1929
469,446
1891 . 143,765 10(14 229,198 1017................— 289,636 1939 .. . . 601,981
1802. ............... 151,510 lflftR .... 166,222 1018.................... 363,879 1931.................... 461,044
1803. _ 167,844 ionft 618,612 1010 320,540 1 9 3 2 ...
400,869
1894 140,006 1007 216,086 1090 447,887 1933........... 271,463
1895.................... 142,110 100ft 217,886 1091 495,406 1934.
271,197
IftfW 118,737 1000 188,706 1099 606,641 1935.................... 235,263
116,356 win 214,003 1008 535,373 1935_____ . . 266,659
1898____ _____ 130,694 19U .................... 217,005 1024.................... 649,062 1637.................... 264,969
1800................... 153,598 1919. 206,439 1026 . .. 650,418 1938.................... 258,477
IMG 160,930 1018 203,764 1090 . .. 561,981 1Q39_ 274,943
CITIES REPORTING ACTUAL LOSS
TOTAL UNITED STATES
YEAS
Number
ol
cities
Population
(thousands)
Actual reported
loss,
total
Loss per
capita
Population
(thousands)3 Estimated
loss
Loss per
capita3
1928................................................... 446 51,836 140,038 $2.70 119,862 464,607 $3.68
1929................................................. 473 53, i l l 145,069 2.72 121,526 459,446 3 .78
1930 ............................................... 464 60,206 160,981 3.01 123,091 601,980 4.08
1 9 3 1 ............................................. 454 51,084 125,934 2.47 124,113 451,643 3.64
1932...................................... ............ 468 51,296 113,947 2.22 124,974 400,859 3.21
1933............ ....................................... 461 51,663 77,686 1.51 126,770 271,463 2.16
1934....................... ........................... 468 61,179 82,770 1.69 126,626 271,197 2.16
1935.................................................... 469 63,181 69,720 1.33 127,521 235,263 1.85
1 9 3 6 . .. . .......................................... 467 53,802 76,390 1.46 128,429 266,659 2.08
1937............ ....................................... (3)
C) (J) 129,257 264.959 1.97
1938.................................................... (>) m
0>) ¥ )
230,215 258,477 1.99
1939..................... .............................. (») w m W 131,162 274,943 2.10
i See headnote.
1 Population figures are estimates by the Bureau of the Census. Per capita loss is based on these estimates.
3 N ot avaiiablo.
Sources; Table 317 through 1830, Tho Spectator, Philadelphia, Pa.; Insurance Yearhook; table 317 beginning
1933 and table 318, National Board of Firo Underwriters, reports and records, except as noted.