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1049

(1904) Author: Gustav Sundbärg
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INSURANCE.

1049

the whole of Scandinavia (Skandinaviska kreatursförsäkringsbolaget, one of the
largest in the world of its kind); 13, one or two Läns each; and 243, smaller
territories. According to the statements (not quite complete) which have been
sent in, nearly 199,000 horses and 123,000 head of cattle were insured at the end
of the financial year for respectively 76’3 and 14-7 million kronor, and during
the same year indemnities had been paid for 4,577 horses and 701 cattle with
respectively 1,310,125 and 64,593 kronor. Agricultural hail insurance was given in 1901
by 7 mutual hail insurance companies (Allmänna hagelskadeförsäkringsbolaget, the
companies of the Läns of Uppsala, Östergötland, Skaraborg, Örebro, Vestmanland,
and of the provinces of Skåne and Halland), and by 3 mutual fire-insurance
companies (those of the Län of Kronoberg and the parishes of Markaryd and
Slätthög); the statements from the first seven show 14,621 insurances, valid at the
end of the financial year, for a total of 36’9 million kronor, and 201 hail indemnities
paid during the same year (with 27,650 kronor). Frost insurance was given by the
mutual company Sveriges frostförsäkringsbolag, established in 1901; at the end of
its first business year, the company had 570 valid policies, corresponding to an
amount of 932,820 kronor.

Plate glass insurance was given in 1901 by 10 institutions; 7 of these were
home companies, viz., Göteborgs fönsterförsäkringsbolag, Svenska
glasförsäkringsaktiebolaget (1884), Aktiebolaget Stella (1898), the aforesaid Skandinavien, and the three
joint-stock companies for burglary and theft insurance, etc. During the year, glass
insurances were given for about 4-g million kronor, nearly 97,000 kronor were
taken in premiums, and about 49,000 kronor were paid out in indemnities. —
Guarantee insurance was carried on by Aktiebolaget Tre Kronor since (1890), in
which company there were in due force, on December 31, 1901, 1,358
insurances for a total of 3-6 million kronor. 46,362 kronor were taken in premiums,
and 25,730 kronor were paid to the policy-holders. — Burglary and theft
insurance was carried on in 1901 by the Swedish joint-stock companies Securitas
(since 1896), Iter (1898), Idun (1898; now dissolved), and Skandinavien, and by
many foreign (among which several accident insurance) companies. — Within the
domain of sick insurance, there worked the aforesaid Lif- och
sjukförsäkrings-bolaget Vasa (in combination with life insurance), Försäkringsanstalten Brage (1899),
and some foreign companies (in combination with accident insurance). (Concerning
Sick and Burial funds in activity, see p. 1077). — Companies occupied
exclusively with reinsurance in 1901 were: in life and fire insurance 1, in fire
insurance 3, and in marine insurance 3, or together 7 Swedish joint-stock
companies.

For an advancement of the development of Swedish insurance there
work two associations, both in Stockholm, namely Försäkringsföreningen
and Försäkringsmannaföreningen. The periodical »Försäkringsföreningens
Tidskrift» has been edited since 1878. Other organs in this line are the
insurance papers Gjallarhornet and Assurans.

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