Page 3 Advertisements Column 4

Auckland Star, Volume XXII, Issue 32, 7 February 1891, Page 3

Insurance. "V"EW ZEALAND INSURANCE JIS COiMPANY (FIRE AND MARINE). . Capital £1,000.000 Paid-up and Reserve Funds .. .. £450,000 Protection from FIRE or MARINE LOSS can be effected in this Company. CLAIMS MET WITH PROMPTITUDE AND LIBERALITY. T. J. BRASSEY, Manager. GLOBE MARINE INSURANCE COMPANY (LIMITED). 79, Cornhiix, London, E.C. Mr George Johnston has been appointed District Manager to this Company for the Provincial District of Auckland. GEO, S. GRAHAM, Attorney and Superintendent. The undersiened is authorised to transact a General Marine Insurance Business. Policies issued on most Favourable Terms, and made Payable in All Parts of the World. G. JOHNSTON. mHE COLONIAL INSURANCE COMPANY OF NEW ZEALAND (FIRE AND MARINE). The businesg of this Company has been transferred to the Commercial Union Assurance Company of London, by whom, through the various Branches and Agencies in .New Zealand, all accounts owing to, and by, and all losses under the Colonial Insurance Company's Policies, will be settled in future. FRANK ALLEN. General Manager. Wellington. Now Zealand, December 11,1890. COMMERCIAL TTNION A SBURANCE /COMPANY (LIMITED). Capital Fully Subscribed £2,500,000 Capital Paid Up £250,000 Total Invested Funds £2,500,000 Total Annual Net Income £1,160,000 WITH LOCAL BOARDS. BRANCHES, AND AGENCIES. THROUGHOUT AUSTRALIA. TASMANIA, AND NEW ZEALAND. CHIEF OFFICE FOR NEW ZEALAND: LAMBTON QUAY, WELLINGTON. General Manager cor New Zealand: FRANK ALLEN, J.P. EVERY DESCRIPTION OF FIRE AND MARINE BUSINESS ACCEPTED AT THE LOWEST CURRENT RATES OF PREMIUMS. CLAIMS FOR LOSSES SETTLED WITH PROMPTITUDE AND LIBERALITY, a feature which has always characterised the policy of this Company in all parts of the world where Branches are established. The Large Jtssources at command in the shape of Invested Funds and Premium Income, afford the most undoubted Security to Pol J " v Holders. AUCKLAND BRANCH. Managers : MESSRS JAMES BANNATYNE GRAHAM and HORACE WALKER. Offices: OPPOSITE GENERAL POST - OFFICE. SHORTLAND-STREET, lately occupied by Colonial Insurance Company. AUSTRALIAN MUTUAL PROVIDENT SOCIETY. [Established 1849.1 THE OLDEST MUTUAL LIFE OFFICE IN AUSTRALASIA. New Zealand Branch : Head Of.ioe-CUSTOM-HOUSE QUAY. WELLINGTON. Local Board o. Directors: The Hon. Morgan S. Gra«e, M.D., M.L.C., C.M.G. (Chairman) Charles J. Johnston. Esq. (Deputy Chairman) Alfred de Bathe Brandon, Esq, The Hon. Edward Richardson. C.M.G. and M.H.R. Nicholas Reid, Esq. medical Officer: Dr. W. G. Kemp, M.R.C.S.. England. Assure your Life in the Australian Mutual Provident Society, and secure an Annual Bonus or Dividend, a privilege which no other Colonial Life Office can grant its members. Be careful that you SELECT THIS SOCIETY, and do not be MISLED by the similarity of Name of some of tho other younger Australian Offices. The attention of tho Members and the General Public is called to some of the special features connected with this Society, which is the oldest Colonial Institution of its kind, having been established in the year 1849. The results of the business for the Fortyfirst Year, ending 31st December, 1889, may be summarised as under :— FIRST—The number of the New Policies issued was 11,66 _;• SECOND — The new Assurance business effected was for £5,6*79,4:55. THIRD—The New Annual Premium Income amounted to J8121.800, FOURTH-The net increase to the businose, after allowing for loss of income from terminated Policies, was represented by 7,023 Policies, assuring £2,109,199. FIFTH —Tbe operations of tbe year raised the annual income of the Society from £1,512,230 to £1,025,135, an increase in twelve months of £112,905SIXTH—Tbe Accumulated Fund was increased during the year by the sum of £7-2.311. equal to 71 P«r cent, of the gross premiums received. SEVENTH—The deaths among lives assured were 649 under 735 policies, causing claims upon tbe Society amounting to £299,602, irrespective of Bonus additions, while the number expected according tb the Tables used in estimating tbe liabilities would have boon 1,143, for an amount of £438.976, the mortality experience boing thus extremely favourable. EIGHTH—The receipts from interest and rents were £516,832, an amount exceeding the sum paid for the claims by £138.952. NINTH—The expenses of Management were only 9*5 per cent, of the total receipts. TENTH—The cash surplus divided for the year 1889 was £426,494, being at the rate of 41*5 per cent, on the premiums received. The operations of the Society during the 41 years of its existence may be summarised as under: — It has issued 141,907 policies, assuring £49,417,717. Ib has paid to the representatives of deceased members over £4,000,000 in satisfaction of death and matured claims. It has divided among the members cash bonuses aggregating over £4.000,000, yielding reversionary additions of over £3,000,000It has acquired an Accumulated Fund of £9,000,000, all invested to yield fully 6 per cent, interest. Assets in New Zealand—£l,273,sl-. EDWARD W. LOYVB, Resident S-CBETABY. Bbanch Officecustom HOUSE QUAY, WeixinotO-I. AOOK-ASD DISTBIOX QfflQS—