Hide Articles List

1 article on this Page

Advertising

Advertising
Cite
Share

I PRUDENTIAL ASSURANCE COMPANY, LTD. CEIBF Office XXOXeKOX&lKr BARS, XjOWDOIV. Summary of the Report presented at the Fifty-sixth Annual Meeting, held on March 2, 1905. ORDINARY BRANCH.—The number of Policies issued during the year was 71,874, assuring the sum of £ 6,954,650, and producing a New Annual Premium Income of £ 377,587. The Premiums received during the year were £,3,969,016, being an increase of ^154,160 over the year 1903. The Claims of the year amounted to £ 1,654,753. The number of deaths was 7,139, and Endowment Assurances matured. The number of Policies in fore- at the end of the year was 742,147. INDUSTRIAL BRANCH.-The Premiums received du'ing the year were ^5,979,335, being an increase of ^132,781. The Claims of the year amounted to ^2,230,180. The number of Deaths was 233,015. and 3,066 Endowment Assurances matured. The number of Free Policies granted during the year to those Policy-holders of five years' standing who desired to discontinue their payments was 112,606, the number in force being 1,003,377. The number of Free Policies which became Claims during the year was 22,211. The total numb-r of Policies in force at the end of the year was 15,577,161 their average duration is 10;] years. The Assets of the Company. in both branches, as shown in the Balance Sheet, are £ 55,359,505, being an increase of;64,142,128 over those of 1903. The Staff Provident Fund, which was founded in 1892 for the benefit of the outdoor The number of Free Policies granted during the year to those Policy-holders of five years' standing who desired to discontinue their payments was 112,606, the number in force being 1,003,377. The number of Free Policies which became Claims during the year was 22,211. The total numb-r of Policies in force at the end of the year was 15,577,161 their average duration is 10;] years. The Assets of the Companj-. in both branches, as shown in the Balance Sheet, are £ 55,359,505, being an increase of £ 4,142,128 over those of 1903. The Staff Provident Fund, which was founded in 1892 for the benefit of the outdoor staff, shows a satisfactory increase for the year, the total amount standing to the credit of the Fund being ^138,280.. [GENERAL BALANCE SHEET OF THE PRUDENTIAL ASSURANCE COMPANY, LIMITED, being the Summary of both Branches, I on December 31, 1905. I _n_ hj LIABILITIES. [j Shareholders' capital ••• ••• ••• £ 1,^00,000 0 0 | Reserve funds ••• <2,300,000 0 0 0 Life Assurance funds ■■■ ■■■ 51,911,568 7 0 I Claims under life policies admitted 147,936 16 5 ^55,359,505 3 5 ASSETS. British Government securities ^3,352.296 0 2 Indian and Colonial Government securities 5,127,756 19 9 Railway and other Debentures and Debenture stocks, and gold and sterling bonds 4,556,180 8 6 Loans on Countv Council, Municipal, and other ra es 12,956,382 10 3 Freehold ground rents and Scotch feu duties 3,784,323 16 4 Freehold and leasehold property 3,487,982 7 1 Mortgages on property within the United Kingdom 7,303,050 5 2 Railway, gas, and water stocks 7,408,311 15 7 Suez Canal shares 165,742 7 5 Telegraph and other shares 97,789 2 6 Metropolitan Consolidated stock andi City of London bonds 267,930 15 7 1'ank of England stock 200,559 18 6 Colonial and Foreign Corporation stocks 1,142,054 9 2 Foreign Government securities 1,149,790 8 1 Reversions and Life Interests 1,052,757 17 5 Loans on the Company's policies 1,881,959 1 6 Kent charges 308,901 7 10 Outstanding premiums and agents' balances 403,073 18 8 Outstanding interest and rents 456,268 15 3 Cash-In hands of Superintendents 35,155 17 0 Ditto-On current accounts, and in hand. 221,237 1 8 ^55,359,505 3 5 THOS. C. DEWEY, General Manager. FREDKRICK SCHOOLING, Actuary. EDGAR HORNE, Chairman. D. W. STABLE, Secretary. HFNRY HARBEN, ) r. THOMAS WHARRIE, j Directors. We have examined the Cash transactions (receipts and payments) affecting the accounts of the Assets and Investments for the year ended December 31, 1904, and we find the sam* in good order and properly vouched. We have also examined the Dee's and Securities, Cel tificates, &c., representing the Assets and Investments set out in the above account, and we certify that they were in possession and safe custody as on December 31, 1904. DELOITTE, DEVER, GRIFFITHS and CO., Chartered Accountants. Prospectuses, Proposal Forms, and every information may be obtained from the Agents of the Company, or on application to February 15, 19C5. Mr. G. H. HEAP, District Superintendent, 1, Argyle Square, King's Cross, W.C. « Telegrams! Reginarum, London." f 374' Gerrard. t Telephone Nos s 4112a Gerrard. V ? To the ADVERTISEMENT MANAGER, U75 P.O. Central. > ■^IONDON ELSHMAN j < Cymyo Ulttn^ain. 1 > A Bilingual Weekly Journal for Welsh Men and Women. ? | PRICE ONE PENNY. | THE LONDON WELSHMAN" circulates not only in London, but in North and South Wales, and amongst S I the Welsh people in various parts of the United, Kingdom. From reliable statistics, it is computed that in London alone there are ? J 50,000 Welsh people. ■ V < ORDINARY POSITION. BACK PAGE GUARANTEED. < i One Week t < per insertion. c £ Six Weeks per week. ,1 S Thirteen Weeks „ No Series Discount. S Please insert Advertisement, as attached, in "THE LONDON WELSHMAN," to occupy space, for 5 ? insertions, commencing with issue dated at a cost Of insertion. 5 Name c £ Address Date 19° ■_ V f AddressTHE LONDON WELSHMAN" ADVERTISEMENT DEPT., 45, ST. MARTIN'S LANE, LONDON, W.C. I > Advertisements for Back Page should reach us (if possible) First Post WEDNESDAY. S Printed and Published by HARRISON & SONS, at 45, St. Mart n's Lane, London. Wholesale City Agent—M. SOUTHWELL, Ivy Lane, Paternoster Row, E.C. Agents for WaleS-MESSIRS. W. H. SMITH AND SONS, and MESSRS. WM. DAWSON & SONS, LTD. Agents for the Colonies :-ROBT. A. THOMPSON & Co., LTD., Melbourne (.Victoria), Sydney (N.S.W.), Adelaide, Brisbane (Qut en^land), Cape Tow" (S.A.), Johannesburg and Buluwayo f GORDON. & LGOTCH, Cape Tawil, Durban (S.A.) Melbourne (Victoria), Brisbane- (Queensland), Sydney 'N.S.W.), Perth W.A.), Wellington and Christchurch, N.Z