Public Companies. THE AUSTRALASIAN FIRE LIFE, k MARINE INSURANCE COMPANY. Read Office —Collins street wqdM bourne* , M/i.C. vice Chair f ** man. Hon. Alex. Erase/ M.L.C, Edward Cohen, Esq., J.P. E, P, E» Joseph E. L. Montpjiore, Esq., Secretary. Fire, Life, and Marine Risks taken aklOWesl current rates, W. & G. TURNBULL & CO., Agents for Otago. P ACIFIC FIRE AND MARINE SURANCE COMPANY. INWe'havFMefe ud£amso7to take rifles on h’gslf Mefchandise, «c., at lowest curifna lu'Ainimn f. « rent rates of premium, sBRIGHT BROS. & Q Agents, E OYAL INSURANCE COMPANY./ ITpfifl • f NORTH JOHN STREET, LIVERPOO^i. The Directors have now the pleasnr/of submitting the following statement, showing the financial position of the Company :—t 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 handfiit this date exceeds LI,SCO,OOO. . For the satisfaction of the public the whole of the securities belonging to the Company are annually submitted to tbe careful sc utiny of two independent auditors,* and the following is an extract from their/roporfc to the last annual meeting : | “The whole of your books havf been audited ; every document, every accoimt, every voucher, your bank-book, and evefy 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, a? already published,/ may be obtained on application. f INDEPENDENT VALUATION OF LIFE /LIABILITIES, j In continuation of tbe Quinquennial Investigation to the fend of 1864, which resulted in a large divisionfof Profits amcdig 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 Hist December, 1868, as follows; — V / LIFE LIABILITIES ASSETS on 31st December! 1868. w cf J = ci P rP Ph «■ is- 3 fQ o 0. Jo CM iO t C i >0 f V-T O ; 7. ii i rtf* *i ® CJj J2 sfa <3 ir 0) The results shojiv a surplus-in the Life branch available |for the uovi Division of Profits iir 1879, aniounting to L 198,450. The valuation ej the Life Policies has been made at 3 per cent, interest, find net premiums only lta\ | been taken, ’so that the loadings for future profits and expenses are entirely held in? reserve, and riot brought into the valuation. SPECIAL ADVANTAGES granted by tire ROYAL INSURANCE COMPANY. | FIRE. : Moderate Premiums, ; Prompt and Liberal settlement of Losses, j Loss ;uuU Damage by explosion of Has : made good. 1, : , LIFE. Unquestionable Security. Large participation in Profits. Exemption.’of Assured from liability of parts' nerslrip. No Charge for Policy Stamps, and no j. Entrance Money. i Fees to j ! Medical Referees paid ;l>y tbe / Company. : * Forfeiture of Policy cannot take place from Cniutenttonal Mis• statement. License; for Voyage to and from Europe granted fr’ee of charge. I LIFE BONUSES Hitherto among the Largest ever declared , ' by arry Office. ; Resolution of Directors, 1867, To increase further the Proportion of Profits f to Assured. Profits Divided every Five Years, To- Policies then in existence Two entire Years. Agents at Dunedin : HENDERSON, LAW, & CO. Notice of Removal NOTICE OF REMOVAL /.&* WARD - removed tcr //tfiisds iif ,I-F«Uows Hail, tfair vie), SIXPENCE./ Cigars and tobacco o ie best brands, jfry his shilling portraits.
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https://paperspast.natlib.govt.nz/newspapers/ESD18700430.2.11.4
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Evening Star, Volume VIII, Issue 2178, 30 April 1870, Page 3
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562Page 3 Advertisements Column 4 Evening Star, Volume VIII, Issue 2178, 30 April 1870, Page 3
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