Public Companies. THE AUSTRALASIAN FIRE LIFE, & MARINE INSURANCE COMPANY. y - Office—Collins street boufrie; jf Hon. ■f- y m amee'tlralßai, M. I . l/n-Clarkc, Mj mSm. r»v\» V*.. .C., Chairman, i,C, Vice Chais Hon? Edward Cohet, M.L. A, /, M Hon, Alex. .Fraser, ig** James Maoism! Esq^ Thomas Mq,, J.P. E. L. Montefior'e, Esq., J.P. Fire, Life, and Marine Risks tateraatlowcst current rates. W. & G. TURNBULL & CO., Agents for Otago. OYAL INSURANCE COMPANY Head Offices : *TH JOHN STREET, LIVERPOC The'y} ii'ectors have now the pleasurf of submitting the following statement, showing flxo fin*>ii»inl nnuif.imi nf flio Pmmi'inv » J the tinansial position of the Company The capital available for the purpos| of meeting arty unusual calamity happening to the assurecsLis Two Millions sterling, jThe amount actually paid up is L 288.495. 'jfhis, with the accumulated funds in hand af this date exceeds\l,Boo,ooo. f 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, apd the fol iowin;; 13 aniextract from their report to the last annual locating ; jf “The -whole ctf your books have Ifeon audited ; every document, every accomfb, every vouchor, your bank-book, and everyfeecurity —all have been iiost carefully kept, and there is not one Vloubtful security ffi the whole.” t A detailed list if the investnujpts of the Company, as already published, jJaay be obtained on application. r 5" J INDEPENDENT VALUATION OF LIFE LIABILITIES. 1 In continuation of the Quinquennial Investigation to the end of£SG4,whida resulted in a Inigo division of Profits smoffi the Policyholders, the Just obtained an Independent Rcpoit fifyn Mr Samuel Brown, President of the Institute off Actuaries, on the results of the Lfe business for the four years ending 31sfy Decapihor, ISOS, as follows: I I LIFE LIABILITIES AND ASSETS on 31st DeccWheri 1808. I; - (M 5 « 05 3 r-q ill MI 3 = a The results shiv/ a surplus in the Life Vhranch available* for thefnext Division of *\ Protits in 187U, amounting*fo LU15,4.10, The valuation ifi the Lifrt Policies has been made at 3 per cent, interest, and net preonly hav£ been tajeen, so that the "Headings for future profits and expenses are entirely held in* reserve, and not brought into the valuation, ! SPECIAL ADVANTAGES granted by tlrq ROYAL INSURANCE f FIRE. V Moderate Premiums. Prompt and settlement of Los: cs. Loss and by explosion of Gas f‘ made good. ■’ J> LIFE. ' Unquestionable Secilrity. Lar|e participation ijxcmptioiiof Assured from liability of parti. 3 nership. < No Charge for Policy Stanfps, and no I Entrance Money.! ;p. • Medical Referees jbaid by tbe N Company. \ i'orfcitm'c of Policy cannot take place from Misstatcikent. * t jiecnsl f r Voyage to and fiW Europe I * granted free of charge-* / LIFE BONUSES 4 Hitherto among the Largest evef declared j. by any Oliice. t t Resolution of Directors, 18f>7, crease furtlier the Proportion «f Profits V to Assured. 4 Prolits Divided every Five Ycm-s, ■•"To Policies then in existence Two entire I Years. v Agents at Dunedin ; HENDEIISON, LAW, & CO. Corporation Notices (TTY OF DUNEDIN. Citizens’ Roll.--Year 1870-1871. tiI’EPA VERS are reminded of the ne_o( /tfespity, for their making imnjiediate payijlut pfull rat/a/dUiJ/o the Cit/ Corporat/i. / V .4' ‘ / * , , Failing paym nt before the the
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https://paperspast.natlib.govt.nz/newspapers/ESD18700510.2.14.4
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Evening Star, Volume VIII, Issue 2186, 10 May 1870, Page 3
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537Page 3 Advertisements Column 4 Evening Star, Volume VIII, Issue 2186, 10 May 1870, Page 3
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