Towns > Dundee > 1846-1872 - Post Office Dundee directory > 1864-1865

INSURANCE COMPANIES. Ixxiii
ROYAL INSURANCE COMPANY.
EDINBURGH, 13 George Stkebt.
Local Manager, James Millioak, Esq., S.S.C.
GLASGOW, Commercial Bank Buildings, Gordon Street.
Local Manager,.,.TiiOJiAsl^BAJtiE, Esq.
CAPITAL. TWO MILLIONS STERLlNa.
rXRE BRANCB.
The progress of this Branch is unexampled in the period.
Premiums, 1848— £31,346 1 9 I Premiums, 1856— £151,733 9 6
Do. 1852— 76,925 4 2 | Do. 1860— 262,977 19 11
Whilst in 1862 they exceeded £300,000,
Proving the high estimation in which the Royal is held by the Public.
XiXFi: BRAirCH.
The following figures will prove the wonderful progress of this Branch.
Nkw Sum Assubbd, 1848— £48,764 I Nbw Sum Assubkb, 185G— £297,560
Do. 1852— 181. .^04 1 Do. 1860—449,241
Whilst for 1862 it exceeded £700,000,
Placing the Royal among the highest rank of the Insurance Com-
panies of Great Britain.
The following facts prove the high standing of the Company : —
ANNUAL FIRE REVENUE, £300,000.
No other Fire Insurance Office has, under any circumstances,
ever before attained to a similar Revenue in eighteen years
from the time of its establishment.
No Office has advanced so rapidly, year by year, as the
ROYAL, during such a period, unless by the purchase of other
Offices, and by adding the revenues of such Offices to their own.
The increase of Fire Duty paid by the Royal proves, by a method
of long acknowledged and unquestionable accuracy, the wonderful
PROGRESS of the Establishment.
In the year 1862 alone, an amount exceeding £100,000 has been
added to the Available Funds of the Company, after paying all
Claims and Expenses.
The fact that out of a profit of £56,000 realised on Fire business
last year, the sum of £34,000 only was paid in the shape of Dividend
to the Proprietors, shows the utmost prudence on the part of the
Directors, and gives the greatest possible security to Insurers.
The capability of paying a sum exceeding £200,000 annually in
Claims, notwithstanding these immense Reserves, exhibits a magni-
tude of operations having few equals.
AGENTS.
J. B. Anderson, merchant, Cowgate.
RoLLO & Hendry, writers, Meadowside.
John J. Dalyell, 3 Royal Exchange Place.
James E. Smith, 23 St Andrews Street.
John Forsyth, 14 Bain Square.
Alex. J. Warden, merchant, Meadowside.
JoBjT S. NoBRiE, 30 St Andrews Street.