Judge, 1917-01-27 · page 27 of 28
Judge — January 27, 1917 — page 27: what you’re looking at
What you’re looking at
This page is **not a cartoon or satirical content**—it's a straightforward **insurance company advertisement** masquerading as editorial material in Judge magazine. New-York Life Insurance Company presents their 1916 annual financial summary to policyholders and the public. The "significant facts" highlight improved performance: reduced mortality rates, reduced expenses, and increased interest earnings, alongside $263 million in new business. The mortality statistics notably reference World War I (noting "12 mos. of war"), showing the company's actual death claims ran 71% of expected levels—a selling point suggesting their policyholders were healthier or longer-lived than actuarial tables predicted. This is essentially a financial report dressed in magazine format to reach readers. The document signed by President Darwin P. Kingsley served dual purposes: regulatory disclosure and advertising. There is no satire or political commentary present—it's purely corporate promotion of financial stability.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
NEW-YORK LIFE INSURANCE COMPANY 346 & 348 BROADWAY NEW YORK CITY TO THE POLICY-HOLDERS AND THE PUBLIC: A brief of the chief activities of this Company during 1916 runs as follows: New Paid Business . . ........ «4 + © « + $263,048,300.00 Of this total $239,090,873 was secured in the United States. z Total Income .........+.424468-8 - $138,559,395.79 a Total Payments to Policy-holders . . $81,415,138.36 ; Of this total $19,551,361 was paid in dividends. ud. AUS, Invested During the Year in Bonds and Mortgage Loans. . « « $70,717,602.17 To pay 5.26%. ft 4 Added to Legal Reserves. . wee ee ew ew ww ww ew we +e «—824,676,393.00 op Market Values of Assets, Dec. 31, WIG... ee ew ew ee ee. $866,988,841.57 Legal Liabilities 2... we ee ee we ew ew ww ww «+ $728,226,426.34 = Reserved for Dividends and Contingencie Se ew ww ww we we + $188,762,415.23 Outstanding Insurance Rom 3 eee ee + $8,511,607,274.00 Represented by ‘Le 28,601 policies, The actual mortality of the Company expressed in the per cent, which it bears to the expected = death losses according to the tables of mortality adopted by the State for valuation purposes through 84 a period of years is as follows: 1912 Actus al death losses 769 G of the “expected” xpected” xpected” (5 mos. of war) : 1915 Actual death losses 73% e “expected” (12 mos. of war) 1916 Actual death losses 71% of the ‘‘expected” (12 mos. of war) Significant Facts: Mortality Rate reduced; Expense Rate reduced; Interest Rate increased; pee New Business increased. The Seventy-Second Annual Statement of the Company will be filed at once with the Department of Commerce in Washington and with each State of the United States and each country where we do business. A brief of that statement will be sent gratis to any person asking for it. DARWIN P. KINGSLEY, President comicbooks.com