‹‹‹ prev (1416)

(1418) next ›››

(1417)
AD VE RTISEMENTS. 1 5 1
ROYAL INSURANCE COMPANY
EOYAL INSURANCE BUILDINGS, LIVERPOOL,
AND
LOMBARD STREET, LONDON.
EXTRACTS FROM THE REPORT FOR THE YEAR 1884.
FIRE DEPARTMENT.
Premiums, after deducting Re- Assurances, - £988,156 9 2
Losses, .-.--.. 676,463 11 6
LIFE DEPARTMENT.
Premiums, after deducting Ee- Assurances, - £250,;" 63 5 5
DECLARATION OF BONUS for the auinquennium ending 31st Dec, 1884,
£1 10s. PER CENT. PEE ANNUM ON SUM ASSURED
Upon all Policies entitled to participate.
As at the previous Investigations of 1870, 1875, and 1880, to secure perfect accuracy in the
calculations, a valuation of the Liabilities has been obtained from an independent Actuary, in
addition to the ordinary valuation by the Officers of the Company ; and Mr. James Meikle, F.F. A.,
F.I.A,, President of the Actuarial Society of Edinburgh, the Consulting Actuary, reports tliat
The Life Surplus realized in the Five Years was £354,513.
The Valuation -was made by the Tables of the Institute of Actuaries (H^-), at 3 per cent. Interest.
FUNDS.
After providing for payment of the Dividend, the Funds of the Company
stand as follows:—
Capital Paid-up, -
Fire Fund, -
Conflagration Fund,
Beserve Fund,
Balance of Profit and Loss,
Life Funds, - - -
- £289,545
£550,000
- 200,000 750,000
- 1,100,000
150,095
- 3,058,767



6
2



8
6
£5,348,407
9
2
EXTRACT FROM AUDITOR'S REPORT.
^^ I have examined and counted every Security^ and have found all correct and in perfect order,
and that the present aggregate Market Value thereof is in excess of the amounts in the said
Balance Sheets."
JOHN H. M'LAREN, Managee.
DIGBY JOHNSON, Sub-Manager.
WESTERN BRANCH OF SCOTLAND—
ROYAL INSURANCE BUILDINGS, 40 ROYAL EXCHANGE SQUARE, GLASGOW.
T. & a. FRAME, Local Managers.

Images and transcriptions on this page, including medium image downloads, may be used under the Creative Commons Attribution 4.0 International Licence unless otherwise stated. Creative Commons Attribution 4.0 International Licence