Page 3 Advertisements Column 1

Timaru Herald, Volume XLIII, Issue 3721, 4 September 1886, Page 3

w >■ a ABO S. St d 3 3 o" X a o I I 3 I * p I I o m co >a fe *? °° £ O -*T (U (3 CO tO !-• m MM '\ 00 -a 00- M oo os bo?' g ct co *. a" Z, 3 3 § to 3 w -> £ S? g^ vi m o>a, 4g' hi Ct CO 3 b b> to 9 o r Thus the Government Insurance paid cash bonuses equivalent to Jd for every £1 they spent, wbcreas tho Equitable paid cash bonuses of 12s for every £1 they spent or 24 times as great. Of course, as we have said, i comparison of the above nature is absurd, for m any comparison of expenses tho proportion the now business bears to the old should be considered. The subjoined tables prove boyond controversy the true ratio of expense made on a principlo laid down by the Actuary of tho A.M.P.S. co to ■_ I W H a* p. r | »s 3 3§ h 3 H ii IPiii ii 3-1 5-5- J, Sg. §| » O"O P'SS-Sm- CT ° 3 !»!! fl If ! : §S? 3 &g s> S !* *b-s* ?« !* gr n irii Hi ft z? S i m^i* I; tr s ii jifij ii i' « B BJlif I 8 I 111 I "I § '5- S-81 •5" ;5- g 71 s» ?► I CO Q 6 H- 2 ft 5h 9 s- £ s. Z S"a8_ | S sli|r g £ w F- § ¥ % «•■" i Wo cannot help reflecting that the Government Insurance Officers have adopted a contemptablo method m issuing anonymous attacks on rivals. Such leaflets at the one beforo us count as nothing m comparison with such financial authorities m London, as the JBullioin'st*, from which we extract as follows : — The Equitable Life Assurance Society of the United States, whose career has been one of unexampled prosperity and rapid growth. Established m 1859, it is little more than a quarter of a century old, and yet it now stands m the front rank of the five leading life assurance companies of the world, it shows the largest surplus over liabilities, the smallest perccntago of death claims to the amount at risk, and the greatest increase strength and prosperity. From the Scottish Banking and Insurance Magazine. — Now turning to the American life offices oarrying on business m the United Kingdom, of which thero are two, no one has ever ventured to say one word against their entire solvency. As to the Equitable of the United States, some years since, a committee of prominent British actuaries pronounced decisively upon its solidity. I think we may venture to assert, from facts within our knowledge, that there are not ten British offices (most of which have branches and ogencies m many parts of the world) which transacted more life business m the aggregate last year, or the year before, or the year before that, than the Equitable has transacted m the British Isles alone ! The Equitable is becoming, if it has not already become, the largest life office m the world. Its enormous results, should exoite the admiration and not tho envy of all who believe m the beneficent advantages which result from the spread of life insurance,