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INSURANCE.
1045
furthermore, thirteen larger home mutual companies, 6 of which embrace
the whole kingdom (among which Städernas allmänna brandstodsbolag
and Allmänna brandförsäkringsverket for buildings in the country),
5, more than one Län (among which Skånska
brandförsäkringsinrättningen), 2, only the city of Stockholm (the aforesaid Stockholms Städs
Brandförsäkringskontor and, since 1844, Stockholms Städs
Brandstodsbolag for the insurance of chattels); 24 home mutual institutions, each
of which embraces one län; and finally no less than 366 smaller, mutual
(hundred, parish, and pastorate, etc.) companies; besides Swedish general
agencies for 24 foreign companies. Of these, 3 were Danish, 1 Finnish,
5 German, 1 Swiss, 11 English, 1 French, and 2 Dutch; all except 5
(German) were members of the Tariff Union of Swedish joint-stock
companies, which was founded in 1874 and takes resolutions binding to
the members about the size of the premiums for different kinds of risks
and in regard to such other insurance conditions and regulations as are
considered applicable to all companies.
The activity of all these fire insurance institutions during the last
financial year concerning which statements have been published,* may
be seen, in million kronor, from the following summary:
T .___... Insurances in force at
Companies. MC ^^ the end of the year.
premiums, »nrance.. BrTltto. Brotto. Kelnaured.
Swedish joint-stock companies...... 22 07 9 81 14 60 678 4,982 92 1,918 63
Swedish larger mutual institutions 312 0 86 1’46 0 24 1,585 07 159 62
The mutual companies of the >Läns> 2 23 — 169 — 1,772 77 —
Smaller mutual companies........... 164_— 1-20 — 1,285 01_—
Total Swedish companies 29 06 9 66 1895 7 02 9,625 77 2,078 25
Foreign companies...................... 2’48 1 22 195 121 501 29 226 58
Total 31-54 10-88 20 90 8 28 10,127 06 2,304 83
The brutto insurance sum consequently amounted in 1901 to 10,127
million kronor. It has to be observed, however, that most of the
Swedish joint-stock companies carry on an important business also in
foreign countries. At the end of 1901 these foreign insurances
represented a brutto value of no less than 2,385 million kronor, of which
567 million kronor were reinsured; as premiums for these insurances
were received 14 million kronor, and the compensation paid amounted
to close upon 10-a i million kronor. The brutto value of the Swedish
insurances should then amount to over 7" 7 milliard kronor, which
sum, for the finding of the netto fire insurance sum of Sweden, of
course must be reduced with the amounts reinsured in Swedish
companies or Swedish general agencies of foreign companies and increased
* The statements bear relation to the civil year 1901 for home joint-stock companies
and foreign companies, and, as a rule, also for the greater mutual companies; for the mutual
companies of the >L&ng>, as a rule, to the financial year ending within the time from
July 1, 1901 to June 30, 1902, and for smaller mutual companies, with some few exceptions,
to the financial year ending within the time from July 1, 1900 to June 30, 1901.
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