Page 3 Advertisements Column 4

Evening Star, Volume VIII, Issue 2171, 22 April 1870, Page 3

Public Companies. IHE 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. Praser, M.L.C. Edward Cohen, Esq., J. P. E. P. S. Sturt, Esq., P.M. Joseph Griffiths, Esq. E. L. Monteiiorc, Esq., Secretary. Fire, Life, and Marine Riska taken at lowest current rates. W. & G. TURNBULL & CO., Agents for Ota^o. 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. > OYAL INSURANCE COMPANY. Head Offices: NOETH JOHN STREET, LIVERPOOL. The Directors have uow 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 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." 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 1564, which resulted in a large division of Profits among the Policyholders, the Directors have just obtained an Independent Repo.t from Mr Samuel Brown, President of the Institute of Actuaries, on the results of the Life business for the four years ending 31st December, IS6B, as follows: LIFE LIABILITIES AND ASSETS on 31st December, 1868.

Net v.» Number. V * 1 ? eof Funds in Surplus. Mlities. hand - j General Life Assurances less re-assurances ... 13,844 765,021 942,643 177,622 Children's Endowments 207 21,260 23,287 2,027 Annuities (Immediate and Deferred 421 137,544 156,345 18,801 14,471 923,825 1,122,275 198,450

The results show a surplus in the Life branch available for the next Division of Profits in 1870, amounting to L 198,450. The valuation of the Lite 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 aud Liberal settlement of Losses. Loss and Damage by explosion of Gas made good. LIFE. Unquestionable Security. Large participation in Profits. Exemjrtion of Assured from 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 for Voyage to aud from Europe granted free of charge. LIFE BONUSES Hitherto among the Largest ever declared by any Office. Resolution of Directors, 1567, 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 Kesidenc QUEEN'S HOTEL, ALBANY STREET. FIRST - CLASS Accommodation for Boarders. Wines, Spirits, and Ales of the best brands always on hand. • [DANIEL WHITE, Proprietor.