THE INSURANCES.

Colonist, Volume L, Issue 12161, 8 February 1908, Page 3

THE INSURANCES.

Experts .s:;y that the total loss ; from last nisfct'd ike must approximate £."(00,000, and figures regarding the insurance losses confirm this statement. About .£200,030 is already a dead loss to local insurance companies, and the amount will be largely swelled by insurance held at Lloyds in addition to the sum named which takes in!o consideration the buildings alreiidy destroyed" There will be heavy claims from companies sustaining partial damage, and the extent is hardly realised at present, for the sum of £200,000 has been lost by the buildings totally destroyed. Lloyd's is estimated to hold £'34,000 of'the total insurance, and the leas will rloutftless reach ,£3OP,OCO, and loss over and above that probably will rea^h half a million. : : It is difficult to ascertain what insurances are held in various offices on particular buildings; bub some dotails are:— Malcolm and Sons, £3000 United on building, £11,800 on stodk. Freeman's buildings, £2000 in the

. . ..■_.. - : - -^»f—^—^-^i^rj Malcolm's building was roughly valued at £5000, and thw lot-* *'■- the stock is much io excess of t.'s*insurance. D.1.0. Imiliiing and coiiu-nrs totalled £81,000, dividoJ among local offices to the extent of a.V>,OOO: the balance, £26,000, in Lloyds. Asb'ny, IJergh and Uoinpsny, stock in the Phoenix I 1 1000: Matioual G1000; North Bntuh i' 7000; JRoyal .£2000 : -North Untish £2000; Victoria £2500 Uomiiiarcml Union, £2000: North Queensland £2500; State office £2000: total G21,000. „ , Warden's Bacon Factory, Royal C 1750; Atlas JBIGSO (on the building) : the contents were insured for £810 in tbe New Zealand 5 £'200 i:i the Gmrdian: £240 in tho National: aud £500 in the State oflice : t>t i!, £'52:10. . ': Hallenstein's stock, South BnUsh tf7r>o; New Zealand £1250; Stan lard .£500; State £2200: Royal £5oO : £5200. U. Sorensen's building, S.V..W . stojk, no estimated loss. Strange and Company, J-ir.,000 to £20,000 en stock, and £7000 (?.f on building. Clifford's studio, Beath and Co. . Gott Bros, and Reynolds and Kin rig are all moro or les3 damaged and are iilsD insured, but tho sums are not available. Tne insurances telegraphed f >r toe various offices are the nee losses a'ttr deductions for ra-insuranco. The followinff is a list of the total losses, already ascertained by local insurance companies : National £4200 ; Victoria, £8000: Liverpool and London and Globe, £9500: Queensland £3500; Standard, £4SOO Suo, £7000: Northern, £9000: London and Lancashire, £.10,000: Australian Al liauce, £:W00; Royal Exchange. £12,550 Norwich Union,£9ooo: Atlas £4500 ; New Zealand, £10,200; South British. £7000; Alliance, £23000; Royal.- £30,000; Phoenix, £750; Guardian, £5500; North British; £7000; State Office, £4700 Unitodj £2300: Yorkshire, £13.250. Total, £229,460: Lloyd's (approximate), £34,-000.