A.M.P. SOCIETY.

Taranaki Daily News, Volume XXXXV, Issue 136, 10 June 1903, Page 2

A.M.P. SOCIETY.

The A.M.P. Society's fifty-four: h annu>l report contains some very inter* esting reading, especially for polioy holder?. The continued advance of this remarkable institution is indeed gratifying. Daring 1892 no less than 15,340 proposals were accepted and completed, assuring £3,658,128, to which mis'; be added 245 proposals revived prior to 1902 but completed I during tbe assuring £44,450, making the total new business for the year 15,591, polioie*. assuring £3,702,576. The uew premiums amount t0£174,133, of which £45,261 repr.smts single payment '. 01 .ias amounting to £643,208 6s lid, including £176,508 6s lid for bonus additions, have arisen under 1254 life policies, by tbe deatb of 1097 members. Saven hundred and thirtyeight endowment aasuracoes have alsa matured, amounting to £297,434 16s, including £90,447 6s for bonus additions. Toe accumulated fuad has increased by £914,598 14s, and now amounts to £18,779,112 15» 10J, w' ich include) a sum of £4471 lis 9d in the claims investment account, The report of the Actuary discloses a caih surplus of funds over liabilities (including special reserves) of £614,480 14s Id. Oat of this surplus the Bjard hts resolved, in accordance with the reoommendatian of the Actuary, to alio) the sum of £558,867 16s 7d for distribution among the members. This sun? will provide reversionary bonuses amounting to over £1,000,000. With such a record It is e-.sy to understand why the " A.M.P." holds premier position amongst the life offices of the world. In another column wil be found a striking example of the benefits to be derived from beirg a policy bolder in this office, to which we wouid direct special attention, Meiers O'Sullivin and Sou are the sole cinvaesing agents for Taranaki, and for tho next few days Mr O'SulUvad, eenr., miy be found at the White Hart Hotel, New Plymouth, and Mr J. O'Sullivan at loglewood.