Waterloo Region Generations
A record of the people of Waterloo Region, Ontario.

Waterloo Mutual Fire Insurance Co. Waterloo

1863 - still exists


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  • Name Waterloo Mutual Fire Insurance Co. Waterloo 
    Born 1862-1863 
    Gender Unknown 
    Business Name Waterloo Mutual Fire Insurance Co., Waterloo, Waterloo, Ontario Find all individuals with events at this location 
    Waterloo Mutual Fire Insurance Co., Waterloo, Waterloo, Ontario 
    Eby ID Number Business-3 
    Died still exists 
    Person ID I3  Businesses
    Last Modified 6 Sep 2012 

  • Event Map
    Link to Google MapsBusiness Name - Waterloo Mutual Fire Insurance Co., Waterloo, Waterloo, Ontario - - Waterloo Mutual Fire Insurance Co., Waterloo, Waterloo, Ontario Link to Google Earth
     = Link to Google Earth 

  • Notes 
    • WATERLOO MUTUAL FIRE INSURANCE CO., C.M. Taylor, Manager, Waterloo -

      The above mentioned Company occupies a prominent position among the insurance companies of the Dominion, and affords that protection against loss guaranteed only by the most reliable organizations of this character. It was established 23 years ago, and as the name implies, is both mutual and cash in its mode of operations. The rates for all classes of insurable property are reckoned on a basis of those fixed by the tariff of the Canada Fire Underwriters' Association. All mutual policies are written for three years. Over 23 years' experience has demonstrated the fact that in none of these years has the cost of insurance on the mutual plan exceeded 80 per cent of that of stock companies. According to the 23rd Annual Report of the Secretary, the total earnings of the Company for 1885 were $93,334; losses paid $37,523; total assets of the Company, $228,650; policies in force, 11,399; amount insured, $10,710,163; balance of assets over liabilities, $178,036.35. This is one of the cheapest and most satisfactory systems of insurance, especially when the Board of Directors is composed of gentlemen well known in business and financial circles for their probity, intelligence and business acumen, such as that displayed in those who constitute the Board of the "Waterloo Mutual." The officers of the Company are Charles Hendry, Esq., President; George Randall, Esq., Vice-President: C.M. Taylor, Esq., Secretary and Manager; J. B. Hughes, Esq., Inspector; and Messrs. Bowlby & Clement, of Berlin, Solicitors. The many years this Company has been in existence, and the successful career it has enjoyed, together with the high standing of the business men who insure with it, are sufficient guarantees that it is being conducted in a conservative manner, and that its reputation is beyond question.1a

      1aIndustries of Canada Historcial and Commercial Sketches Hamilton and Environs 1886