Insurance Companies A USTRALIAN MUTUAL PROVIr%. DENT SOCIETY. Established 1819. The Oldest Mutual Life Office in Australia New Zealand Branch : Head Office, Custom-house Quay, Wellington. Local Board of Directors : The Hon. Morgan S. Grace, M.D., M.L.C. (Chairman). Charles J. Johnston, Esq. (Deputy-Chair-man) Alfred de Bathe Brandon, Eeq. The Hoii. Edward Richardson, C.M.G., M.HR. Medical Officer : Dr. W. G. Kemp, M.R.G.S. (Ent-land). Annual Division of Profit. —The pro* fits of the society .are divided annually. Result of Fortieth Year (188 S). After making unusually ample reserves, the 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 Fuads exceed ...£8,169,310. The Annual Income is upwards of £1,512,280 The Society has mors than 87,070 Policies in force, assuring up. wards of (excluding Bonuses) £30,691,196 During the last 40 years, the Society has paid for Claims and Matured Endowments more than ... ... £3,578,611 The Society has divided among its memhers Cash Bonuses amounting to upwards of £3523,450, 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 larger 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 re* ceipts of the year. This rate of expenditure is less than any other Life Assurance Institution either in Europe or America, doing a corresponding amount of new business. Unparelleled Accumulation of Funds. —The Accumulated Funds now exceed £8,169,310Assure your life in the AUSTRALIAN MUTUAL PROViOENT SOCIETY, and secure an ANNUAL BON US 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 the other younger Australian offices. The Society can be considered quite as much a New Zealand as an Australian insti* tution, 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 the Society is thus assisting in developing the resources of the colony. THE SOCIETY H s S ASSETS IN NEW ZEALAND SECURITIES Amounting to £1,163,813 1 No other Lite Office in the Colony can give yon such LARGE BONUSES as the AUSTRALIAN MUTUAL PROVIDENT SOCIETY, and the effect of an Annual Bonus, which can ba taken in Cash, will be to reduce the coat of assurance to the lowest possible minimum. If you are already sufficiently assured yourself, induce your friends to follow your example. N.B, —The security afforded by this Society to its polioy-holders is unsurpassed by that of any Life Office in the world. The Society has raised its limit on 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. EDWARD W. LOWE, Resident Secretary. VICTORIA INSURANCE COMPANY (Limited). Established 1849 ; Reconstructed 1879Capital ... ... ... £1,000,000. Every description of Fire, Marine, and Fidelity Guarantee Risks effected at the Lowest Rates. LEVIN & CO.. Agents. 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 insurers the security of invested funds amounting to over SEVEN MILLION POUNDS STERLING, BESIDES THE UNLIMITED LIABILITY OP A VERY WEALTHY PROPRIETARY. . BY A SPECIAL ACT OF 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, VIEWS OF MOUNT COOK AND GREAT TASMAN GLACIERS.—A special feature of our collection of views is the set of photographs of Mount Cook and the Glaciers of the Tasman, Hooker, and Mueller. Many of these photographs were obtained at great personal risk daring a fort*! night’s camping out on the great Tasman | Glacier, a region only explored previously by three parties, viz., Sealey, Rev W. V. Green ! and guides, and Dr von Lendenfeld, and are beautiful pictures for sending to friends as representing the gigantic snow fields of these parts. The price of these photograph is the same as our other views, viz., los dozen, and will be sent post-paid to any address immediately on receipt of money. A panorama of five plates, joined to roll up for posting, showing the whole sweep oi Tasman Glacier, 16 miles long, with Mount Cook Range, 12s.—E. WHEELER & SON, New Zealand Scenery Depot (eet. 1865), Cathedral.sqnare, Christchurch. 217
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https://paperspast.natlib.govt.nz/newspapers/NZTIM18900419.2.13.3
Bibliographic details
New Zealand Times, Volume LI, Issue 8968, 19 April 1890, Page 3
Word Count
879Page 3 Advertisements Column 3 New Zealand Times, Volume LI, Issue 8968, 19 April 1890, Page 3
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