Insurance Companies VICTORIA INSURANCE COMPANY ‘(Limited). Established 1849; Reconstructed 1879.' , Capital ... . ... ... £1,000,000. Every description ef Fire, Marine, and Fidelity Guarantee Risks ejected at the Lowest Rates. LEVIN & CO., Agents. PHCENIX FIRE OFFICE. Established, 1762. THE PHCENIX FIRE OFFICE, daring the 107 years of its existence, has paid in satisfaction of CLAIMS FOR LOSSES over SIXTEEN MILLIONS STERLING. This Office gives to all its assured fall and perfect security against loss, and absolute freedom from all liability. By a Special Act of the New Zealand Par. liament (No. 2 of 1887, passed 23rd November, 1887) this Company can sne and be sued In the Colony. G. S. GRAHAM, Superintendent. FRED, G. THOMPSON, District Manager. Offices: Gbey-street, 429 Australian mutual PROVIDENT SOCIETY. This Society is prepared to grant Loans on approved first-class Freehold Security. Borrowers will save payment of commission by applying DIRECT to the Society, _ at the offices. Customhouse-quay, Wellington, EDWARD W. LOWE, Resident Secretary. IMPERIAL FIRE INSURANCE COMPANY, LONDON. Established 1803. Subscribed capital ... £1,200,000 Total invested funds over £1,600,000 Risks accepted at lowest current rates. Prompt and liberal settlement of claims. Offices—National Mutual Buildings, Cus-tomhouse-quay. FRANCIS H. PICKERING, Resident Manager LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY, Established 1836. Invested Funds... ... £7,521,949 Claims Paid ... ... £20,316,928 Fire Reserve Fund ... £1,850,000 THIS Company offers to inanreis the security of invested funds amonnting to over SEVEN MILLION POUNDS STEELINC, BESIDES THE UNLIMITED LIABILITY OF A VERY WEALTHY PRO-' PRIETARY. BY A SPECIAL ACT OP THE NEW ZEALAND LEGISLATURE, THE COM. PANY IS IN A POSITION TO SUE OR BE SUED IN THIS COLONY. This Company has ever been _ noted for its promptitude and liberality in settling claims. Lowest current rates for all classes of Fire Insurance. LEVIN & CO., Agents. USTRALIAN MUTUAL PROVI DENT SOCIETY. Established ... 1849. The Oldest Mutual Life Office in Australia, New Zealand Branch ; Head Office, Custom-house Quay, Wellingv, ■ ton, , • V Local Board of Directors : The*-Hon. Morgan S. Grace, M.D., M.L.C. (Chairman). Charles J. Johnston, Esq. (Deputy-Ohair. man) William Seed, Esq. Alfred de Bathe Brandon, Esq. The Hon. Edward Richardson, C.M.G., M, HR. Medical Officer ; Dr. W. G. Kemp, M.K.C.S. (England). Annual Division oe Profit. —Tho profits of the society are divided annually. Result of Fortieth Year (1888). After making unusually ample reserves, tho Cash Surplus was £400,893, a larger amount of profit than has ever been realised or divided in’ one year by any other office in the British Empire. The Invested Funds exceed ...£3,169,310. The Annual Income is upwards of £1,512,280 The Society has more than 87,070 Policies in force, assuring upwards of (excluding Bonuses) £30,691,196 Daring the last 40 years, the Society has paid for Claims and Matured Endowments more than ... ... ... £3,678,611 The Society has divided among its members Cash Bonuses amounting to upwards of £3623,450, yielding Reversionary' Bonuses exceeding £7,000,000. New Business. The new business of the last five years has exceeded on an average £3,000,000 per annum —A iarger amount annually than has ever been transacted by any other Life Office in the British Dominions, The cost of management, including commission, is unusually low, being only 8.8 per cent, of the total receipts of the year. This rate of expenditure is less than any other Life Assurance Instituition either in Europe or America, doing a corresponding amount of new business. Unpakelleled Accumulation of Funds. —The Accumulated Funds now exceed £8,169,310. Assure your life in the AUSTRALIAN MUTUAL PROVIDENT SOCIETY, and secure an ANNUAL BONUSorDIVIDEND, A Pbevtlegb 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 the other younger Australian offices. ' The Society can be considered quite as much a New Zealand as an Australian institution, seeing that all moneys received in the colony are invested here in advance on mortgage on first-class freehold securities, loans to members on the security of their policies. Government debentures, and freehold branch office premises ; and tho Society is thus assisting in developing the resources , of the colony. THE SOCIETY HAS ASSETS IN NEW ZEALAND SECURITIES Amounting to £1,163,813 I , No other Life Office in the Colony can give yon such LARGE BONUSES as the AUSTRALIAN MUTUAL PROVIDENT SOCIE fY, and the effect of an Annual Bonus, which can be taken in Cash, will be to redace the cost of assurance to the lowest possible minimum. If you are already sufficiently assured yourself, induce your friends to follow your N.B. —The security afforded by this Society to its policy-holders is unsurpassed by that of any Life Olfice in the world. The Society has raised its limit oa a single first-class life to £IO,OOO. Prospectuses, Forma of Proposal, and the last Annual Report, and all other information may be obtained on application to the Resident Secretary, Wellington, or from any of the Society’s Agents. r . • EDWARD W. LOWE, * Resident Secretary, i I»' - ■ 1 ' ' -"T= I OA BALES cf 6d Paperhangings at R. Martin’s.
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18900102.2.10.3
Bibliographic details
New Zealand Times, Volume LI, Issue 8877, 2 January 1890, Page 3
Word Count
822Page 3 Advertisements Column 3 New Zealand Times, Volume LI, Issue 8877, 2 January 1890, Page 3
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