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1803 ADVERTISEMENT
PRUDENTIAL ASSURANCE CO., LIM.
Chief Offlce-HOLBORM BARS, LONDON.
Summary of the Report presented at the Fifty-ninth Annual Meeting, held en 5th March, 1908.
ORDINARY BRANCH. — The number of Policies issued during the Year was 86,080, assuring the sum
oi £8,156,865, and producing a New Annual Premium Income of £466,357.
The Premiums received during the Year were £4,480,377, being an increase of £189,406 over the year 1906.
The Claims of the year amounted to £2,430,117. The number of Deaths was 8,243, and 12,328 Endowment
Assurances matured. The number of Policies in force at the end of the year was 843,206.
INDUSTRIAL BRANCH. — The Premiums received during the year were £6,661,631, being an increase
»f £162,603. The Claims of the year amounted to £2,563,090. The number of Deaths was 281,990, and
4,494 Endowment Assurances matured. The number of Free Policies granted during the year to those
Policyholders of five years' standing and upwards who desired to discontinue their payments, was 128,429,
the number in force being 1,290,758. The number of Free Policies which became Claims during the year
was 32,104.
The total number of Policies in force at the end of the year was 17,459,835 : their average duration
exceeds eleven years. The Assets of the Company, in both branches, as shown in the Balance Sheet, are
£68,006,284 being an increase of £4,119,276 over those of 1906.
In pursuance of the policy indicated in the last report, a scheme was approved by the Shareholders
at meetings held in July last, admitting Industrial Branch policyholders, at d the Superintendents,
Assistant Supeiintendents, and Agents to specified shares in the profits of the Company.
The Directors are pleased to announce that in the Ordinary Branch a reversionary bonus at the rate of
£1 12s. per cent, on the original sums assured has again been added to all classes of participating policies
issued since the year 1876.
In the Industrial Branch a bonus by way of addition of 5 per cent, to the sums assured will be paid on
all policies of over five years' duration, which become claims either by death or maturity of endowment from
the 6th of March, 1908, to the 4th of March, 1909, both dates inclusive.
General Balance Sheet of the Company on the 31st December, 1907,
LIABILITIES.
Shareholders' Capital,
Reserve Funds,
Life Assurance Funds,
Claims under Life Policies admitted,
ASSETS.
British Government Securities,
Indian and Colonial Government Securities,
Railway and other Debentures and Debenture Stocks, and Gold and Sterling Bonds, ...
Loans on County Council, Municipal, and other Rates,
Freehold Ground Rents and Scotch Feu Duties,
Freehold and Leasehold Property,
Mortgages on property within the United Kingdom,
Railway, Gas, and Water Stocks,
Suez Canal Shares,
Telegraph and other Shares,
Metropolitan and London County Consolidated Stocks, and City of London Bonds, ...
Metropolitan Water Board Stocks,
Bank of England Stock,
Indian, Colonial and Foreiga Corporation Stocks,
Foreign Government Securities,
Reversions and Life Interests, ...
Loans on the Company's Policies,
Rent Charges, ..,
Outstanding Premiums and Agents' Balances, ...
Outstanding Interest and Rents,
Cash — In hands of Superintendents,
Cash — On deposit, on current accounts, and in hand, ...
£68,006,284 3
H. A. Harben, Chairman.
Fredk. Schooling, ) Joint D W. Stable, } Joint Thos. C. Dewey, ) D -
A. C. Thompson, ) Managers. J. Smart, ) Secretaries. W. T. Pugh,
. £1,000,000


2,550,000


64,329,288
13
3
126,995
10

£68,006,284
3
3
£3,415,855
16
11
6,250,929
14
8
8,623,412
10
4
14,850,229
8
10
4,759,434

5
3,628,927
19
11
8,687,757
9

7,237,407
18
11
162,193
16
2
97,207
4
8
251,059
9
9
435,263
10
7
202,754
7
10
1,770,520
15
1
1,899,039
19
6
1,287,191
8
6
2,587,068
11
10
265,112
13
11
561,972
3
5
558,679
5
9
35,783
15

438,482
2
3
Glasgow Office— 71 RENFIELD STREET.

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