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Piedmont and Arlington Life Insurance Co.,



No Page Number

Piedmont and Arlington Life Insurance Co.,

HOME OFFICE, RICHMOND, VA.

   
ANNUAL INCOME TO 1ST JANUARY, 1871,  $1,440,954.94 
POLICIES ISSUED, TO 1ST JANUARY, 1871,  13,343 

All Cash Premiums reduced by Annual Dividends on the Contribution Plan.

    OFFICERS

  • W. C. CARRINGTON, President.

  • JOHN E. EDWARDS, Vice-President.

  • PROF. E. B. SMITH, Actuary,

  • D. J. HARTSOOK, Secretary.

  • J. J. HOPKINS, Assist. Secretary.

  • JAMES E. WOLFF, Supt. of Agencies.

Comparison of the Losses by Death During
the Year 1868 Experienced by
the following Companies:

                                                   
Organized.  COMPANY.  No. of Policies
Dec. 31,
1868. 
No. of Deaths
in 1868 
One in every. 
1842  Mutual Life  60,872  396  154 
1845  New York Life  28,340  199  142 
1846  Connecticut Mutual  55,691  424  131 
1850  Manhattan  13,625  112  122 
1850  Charter Oak  19,028  137  139 
1851  Massachusetts Mutual  10,396  72  144 
1851  Phœnix  17,761  107  166 
1858  Northwestern  27,887  178  157 
1859  Equitable  27,666  185  150 
1860  Washington  8,885  43  207 
1860  Home  10,311  65  159 
1862  North America  11,328  78  145 
1862  John Hancock  5,018  26  193 
1862  Security  10,603  64  166 
1864  Widows and Orphans  3,452  21  164 
1864  National, N. Y.  2,093  13  161 
1865  Universal  3,832  20  192 
1865  Hahneman  2,452  11  223 
1866  Great Western  1,472  294 
1866  Atlantic Mutual  2,675  15  178 
1866  World  1,423  158 
1866  New Jersey Mutual  2,691  19  142 
1866  Travelers'  3,568  17  210 
1866  American Popular  2,604  16  163 
1867  Piedmont and Arlington  3,122  10  312 
     
Average of all Companies organized since
1859, one in 
188 
Average of all Companies organized prior to
1860, one in 
145 
Average of all Companies, one in  153 

Note.—The St. Louis Mutual makes no exhibit
of the number of its losses for 1868, but we
find that in that year it lost $541,438, having
19,056 policies in force, while the Piedmont and
Arlington lost but $42,000, having 3,122 policies
in force.

Comparison of the Progress of Leading
Companies with that of the
Piedmont and Arlington.—[From
Official Reports.
]

                         
Date of
Organization. 
NAME OF COMPANY.  YEAR OF OPERATION.  New Policies
issued. 
Amount Insured
thereby. 
1842  Mutual of New York  Twenty-first [1862]  1,840  4,814,218 
1845  Mutual Benefit (N. J.)  Eighteenth [1862]  1,741  5,696,514 
1845  New York Life  Eighteenth [1862]  3,302  7,734,645 
1846  Connecticut Mutual  Seventeenth [1862]  1,775  4,491,757 
1850  Manhattan  Sixteenth [1865]  2,558  8,700,931 
1850  Ætna  Fourteenth [1863]  1,822  3,980,986[2]  
1853  Knickerbocker  Thirteenth [1865]  2,447  6,557,850 
1859  Guardian  Eighth [1866]  2,201  5,581,405 
1859  Equitable  Sixth [1864]  2,873  8,758,550 
1862  North America  Fourth [1865]  2,368  7,336,200 
1865  Universal  Third [1867]  1,451  3,480,700 
1867  Piedmont and Arlington  Third [eleven months only]  5,395  18,942,367 

The unprecedented prosperity of this Company, as shown by the above table, and its continued rapid
progress, place it at once in the front rank of Life Insurance Companies.

If the above good Companies have succeeded, the greater success of the Piedmont and Arlington, with
so much more favorable a start, is assured beyond any reasonable doubt.

Active Agents Wanted Everywhere [unknown character]

 
[2]

Estimated from the Ætna's "average policy" in 1864.