Page 3 Advertisements Column 5

Evening Star, Volume VIII, Issue 2166, 16 April 1870, Page 3

Public Companies. THE AUSTRALASIAN FIRE LIFE, & MARINE INSURANCE COMPANY. Head Office—Collins street west, Melbourne, Directors— Hon. James Graham, M.L.C., Chairman, Hon. W. J. T. Clarke, M.L.C. Vice Chairman. Hon. Alex, Fraser, M.L.C. Edward Cohen, Esq., J.P, E. P. S. Sturt, Esq., P.M. Joseph Griffiths, Esq. E. L. Monteiiore, Esq., Secretary. Fire, Life, and Marine Risks taken at lowest current rates. W. & G. TURNBULL & CO.. Agents for Otago. PACIFIC FIRE AND MARINE INSURANCE COMPANY. FIRE DEPARTMENT. We have been authorised to take ,risks on Buildings, Merchandise, &c., at lowest current rates of premium. BRIGHT BROS. & CO., Agents. Royal insurance company Head Offices: NORTH JOHN STREET, LIVERPOOL. The Directors have now the pleasure of submitting the following statement, showing the financial position of the Company : The capital available for the purpose of meeting any unusual calamity happening to the assured is Two Millions sterling. The amount actually paid up is L 288.495. This, with the accumulated funds in hand at this date exceeds L 1,800,000. For the satisfaction of the public the whole of the securities belonging to the Company are annually submitted to the careful sc utiuy 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.” A detailed list of the investments of the Company, as already published, may be obtained on application. INDEPENDENT VALUATION OF LIFE LIABILITIES. In continuation of the Quinquennial Investigation to the end of 1864, which resulted in a )ar & e division of Profits among the Policyholders, the Directors have just obtained an Independent Repost from Mr Samuel Brown, President of the Institute of Actuaries, on the results of the L’fe business for the four years ending 31st December, 1868, as follows: LIFE LIABILITIES AND ASSETS on 31st December, 1868. hlas -P s> <0 p. S'. - aa The results show a surplus in the Life branch available for the next Division of Profits in 1870, amounting to L 195,450. The valuation of the Lit® Policies has been made at 3 per cent, interest, and net premiums only have been taken, so that the loadings for future profits and expenses are entirely held in reserve, and not brought into the valuation. SPECIAL ADVANTAGES granted by the ROYAL INSURANCE COMPANY. FIRE. Moderate Premiums. Prompt and Liberal settlement of Losses. Loss and Damage by explosion of Gas made good. LIFE. Unquestionable Security. Large participation in Profits. Exemption of Assured f om liability of partnership. No Charge for Policy Stamps, and no Entrance Money. Fees to Medical Referees paid by the Company. Forfeiture of Policy cannot take place from Unintentional Mis-statement. License fur Voyage to and from Europe granted free of charge. LIFE BONUSES Hitherto among the Largest ever declared by any Office. Resolution of Directors, ISO 7, To increase further the Proportion of Profits to Assured. Profits Divided every Five Years, To Policies then in existence Two entire Years. Agents at Dunedin : HENDERSON, LAW, & CO. Board and Eesidenc QUEEN’S HOTEL, ALBANY STREET. FIRST - CLASS Accommodation for Boarders. Wines, Spirits, and Ales of the best brands always on hand. DANIEL WHITE, Proprietor,