Public Companies. ■gOYAL INSURANCE COMPANY. SECURITY Should he the First Consideration in Insurance Transactions. The Directors of the Royal Insurance Company have the pleasure of supplying the following information to the public, as evidence of the ample security they afford to their assurers • THE CAPITAL of, the Company, available for the purpose of meeting any unusual calamity happening to the Assured, is TWO MILLIONS STERLING. The amount actually paid ,up is L 88.495. This, with the Acc'umu ated Funds in hand, makes the invested resources of the Com: pany upwards of one million six hunched thousand pounds, Which amount is invested as follows : INVESTED FUNDS OF THE ROYAL INSURANCE COMPANY, 30th June, 1860. Real Property owned by the Company ... ... ••• £219,571 11 3 Mortgages on Freehold Property ... ... ••• 33,500 0 0 £30,000 Reduced 3 per Cent. Consols ... ... ... 23,085 I 3 India Government 5 per Cent. Debentures ... .... 100,000 0 0 English Railway Debenture Ponds , . ... ... 59,090 17 i First-class English Railway Preference and ; Guaranteed Stocks ... ... 330,476 11 H Loans to Local Authorities of various .towns in Great Britain, who have obtained the sanction of the Secretary of State to borrow the amounts... ... 143,560 12 G Bonds of the Mersey Docks and Harbor Boards ..1 62,341 14 8 Bonds of the British and Irish Magnetic Telegraph Co ... 10,000 0 0 Bonds of the Liverpool Corporation 5,160 0 0 United States Government Stocks 101,330 7 10 Canada Bonds and Canada. Dominion Stocks... ... 31,106 11 6 Short Loans on first-class English Dividend-paying-St.icks, with margins from 20 to 50 per Cent, on market values... ... ... 477,195 0 0 Loans on Security of Life Policies ... ... ... 63,938 8 5 £1,672,356 16 11 Tlio tvb.wo ic. r* ornvix'lofp list of the Investments of the Company at the date specified, in addition to which the funds are still further increased by amounts constantly varying, at different periods, in the hands of the Bankers and the Company’s Agents. At 31st December, 1868, these stood at ... ... £168,089 2 0 For the satisfaction of the Public, the whole of the securities belonging to the Coinpan v are annually submitted to the careful scrutiny of two independent Auditors, and the following is an Extract from their Report to the last Annual Meeting : “ The whole of your Books have been audited—every Document, every Account, every Voucher, your Bank-book, and every Security—all have been most carefully kept, and there is not one doubtful security in the whole.” ‘ THE ACCUMULATIONS OF THE LIFE DEPARTMENTS, t payment of Losses, Annuities, and enses of every description, have been as dlows : ds in Hand at the last luinquennial Valuation, list December, 1864 ... £621,434 15 cd to 31st Dec., 1865 ... 103,146 7 „ 1866... 124,165 7 ” ~ 1867 ... 128,583 5 ” 1868 ... 144,945 12 btal Accumulation of the Life Department on 31st December, 1868, exclusive of Shareholders’ Capital ... ••• £1)122,2/5 8 1 jhe Directors also think it desirable to ;ate that the business of the Royal has ever been amalgamated with that of any ther Company, and that the Liabi ity of :s Shareholders is unlimited. The bonuses added to Life Policies in this ompany, under their participation table, avo averaged TWO PER CENT. PER ANNUM n the amount insured. Licenses for the Voyage between Europe nd these Colonics and vice verm, are now ranted by this Company free of charge to :ic assured. 'IRE INSURANCES AT LOWEST CUR RENT RATES. Trims arc settled promptly in the Colony, •ithout re'evcnco to England. For details of information on all points, ic the Company’s Almanac, to he had of he agents, HENDERSON, LAW, & CO., Dunedin. iHE AUSTRALASIAN FIRE LIFE, & MARINE INSURANCE COMPANY. Head Office —Collins street west, Melbourne, Directors — Hon. -Tames Graham, M.L.C., Chairman. Vlon. W. J. T. Clarke, M.L.C. Vice Chairman. Hon. Alex. Fraser, M.L.C, Edward Cohen, Esq., J.P. B. P. S. Sturt, Esq., P.M. Joseph Grilliths, Esq. E. L. Montefiore, Esq., Secretary, ffire, Life, and Marine Risks taken at lowest ’ current rates. W, & G. TURNBULL & CO., Agents for Otago.
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https://paperspast.natlib.govt.nz/newspapers/ESD18700115.2.2.2
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Evening Star, Volume VIII, Issue 2089, 15 January 1870, Page 1
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651Page 1 Advertisements Column 2 Evening Star, Volume VIII, Issue 2089, 15 January 1870, Page 1
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