Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1853-1854

INSURANCE DIRECTORY. XXIII
Royal Insurance Company — continued.
the accumulated fund, and added to the permanent paid-up capital of £178, 5G0, which was thus
raised to £207,810. I fear that the comments which have been made from time to time in the Post
Magazine on the success of the Royal Insurance Company have had the mischievous effect of creat-
ing a desire in many of the new Life Offices to ' try their luck ' in the Fire line. Several engraft -
ments of the kind have already been made, others are announced, and more are privately talked of.
The results that are exhibited in most of the preceding summaries of accounts are not, however, very
encouraging for such experiments. It is as hazardous to enter upon a ' Little Fire Insurance business '
as the good old Duke used to say it was to enter upon a ' Little war.' "
Extract from the "Edinburgh Evening Post."
" With regard to the results of the last year, as traceable in the report read at the last annual
meeting of the Royal Insurance Company, we find that the premiums amounted to £40,110, 17s. 5d.,
exceeding those of the previous year by £5000. That is in the fire department alone ; and in the life
branch the premiums on new policies received during the first six months of 1852 were greater in
amount by upwards of 10 per cent than the whole number of new premiums for the entire twelve
months included in the last report. The fact that assurances effected during 1852 would participate
in the division of profits of 1854 has, we have no doubt, added greatly to the number assured and
the amount of premiums since the above report was issued last year.
* * * * * sH
" This statement of the actual results of the Company's operations, unprecedented in the history
of these societies, and the high position it has attained in the scale of comparison with similar incor-
porations, constitutes the most effectual test and demonstration of its claims on the confidence of
assurers."
AGENTS FOR EDINBURGH.
George More, 5 Fettes Row, and James Milligan, S.S.C., 4 Pitt Street.
Medical Adviser — Dr John Taylor, F.R.C.S., 2 Abercromby Place.
Surveyor — Archd. Scott, Esq., Architect, 10 Teviot Row.
AGENT FOR LEITH— Charles Philip, Merchant.
Medical Adviser— John Coldstream, M.D.
EQUITABLE FI RE INSURA NCE COMPANY.
CAPITAL, HALFAMILLION STERLING,
Of which amount upwards of £200,000 is actually Subscribed for and paid upon.
Head Office— 450 WEST STRAND, LONDON.
Archd. Campbell Barclay, Esq., Chairman. Wm. Howell Fkeston, Esq., Secretary.
AND
65 PRINCES STREET, EDINBURGH.
Boarti for Scotlarib.
William Waddell, Esq., of Easter Moffat,
W.S., Edinburgh.
Wm. Seton Charters, Esq., Edinburgh.
James Buchanan, Esq., Edinburgh.
Henry Watson, Esq., Glasgow.
Thomas Corbet, Esq., Glasgow.
Secretary and Agent— ALEXANDER JAMIESON, Accountant,
THE utmost security is afforded to the Public by the very large amount of the Subscribed
Capital, by the highly responsible character of the Proprietary, and by the Income of the
Society itself, which now, from Premiums alone, exceeds £20,000 per annum.
Farming Stock insured at 3s. per cent without the average clause.
A Return of 50 per cent of the Profits will be made periodically to the Policy-holders of
three years' standing.
Losses promptly and liberally' met.
No Charge made for Policies.
Los es occasioned by Lightning will be paid.