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PRUDENTIAL ASSURANCE COMPANY, LIMITED. CHIEF OFFICE HOLBORN BARS, LONDON. r- Summary of the Report presented at the fifty-eighth Annual Meeting, held on 7th JVIarch, 1907. ORDINARY BRANCH.—The number of policies issued during the year The assets of the company, in both branches, as shown in the balance was 79,942, assuring the sum of £ 7.529,031, and producing a new annual Sheet, are 263,887,008, being an increase of 94,422,632 over those premium income of £424.145. The premiums received during the year of 1905. were 24,290,971, being an increase of 2t 67,653 over the year 1905. The increase granted early in the year under the principal Industrial The claims of the year amounted to 21.947,444. The number of deaths was Branch tables, to provide for which 2750,000 was transferred from 7,656, and 8,686 endowment assurances matured. reserve, affected nearly thirteen million policies, ten millions of which received an immediate increase in the sum assured. The Directors are glad The number of policies in force at the end of the year was 807,218. to say that the alteration has been highly appreciated, and has resulted in a INDUSTRIAL BRANCH.—The premiums received during the year were large accession of new business. £ 6,499,028 being an increase of 2359,978. The claims of the year As the shareholders are aware, the Directors have on many occasions amounted to £ 2,376,863- The number of deaths was 260,941, and granted extended benefits to Industrial Branch policyholders. The total 3,342 endowment assurances matured. The number of free policies granted cost of these benefits already exceeds 24,000,000. It is the intention of during the year to those policy holders of five years' standing and upwards the Directors to continue this policy, and if possible to establish it upon a who desired to discontinue their payments, was 120 198, the number in more definite basis. force being 1,194,432. The number of free policies which became claims For each of the past ten years a reversionary bonus at the rate of £1 10s. during the year was 28,034. per cent. on the original sums assured has been added to all classes of v c i • • • r participating policies in the Ordinary Branch issued since the year 1876. The OKA T policies in force at the end of the year was ftirect £ s a*/now Ieased to announce a reversionary bonus at the rate of 16,764,654; their average duration exceeds eleven years. j per cent- __H General Balance Sheet of the Prudential Assurace Company, Limited, being theiSummary of both Branches, on the 31st, December, 1906 LIABILITIES. s. d. ASSETS. £ s. d. Shareholders'capital 3,000,000 0 0 British Government securities 3,415,976 13 0 Reserve funds 2,300,000 0 0 Indian and Colonial government securities 6,156,247 4 4 Life assurance funds 60,470,431 4 1 Railway and other debentures and debenture stock, and Claims under life policies admitted. 116,576 18 11 gold and sterling bonds 7,743,842 19 7 Loans on County Council, Municipal and other rates 14,091,357 12 4 Freehold ground rents and Scotch feu duties 4,S01,678 8 10 Freehold and leasehold property 3,560,244 13 8 Mortgages on property within the United Kingdom 7,975 178 5 0 Railway, Gas, and Water stocks 7,464,984 18 9 Suez Canal shares 103,709 13 0 Telegraph and other shares 97,420 2 2 Metropolitan Consolidated stock, and City of London bonds 257,901 11 10 Bank of England stock 202,756 18 6 Indian, Colonial and Foreign corporation stocks. 1,564,957 14 7 Foreign government securities 1,539,459 7 4 Reversions and Life Interests 1,220,637 14 1 Loans on the company's policies 2,372,768 10 8 Rent charges 278,523 13 1 Outstanding premiums and agents' balances 544,207 4 8 Outstanding interests and rents 515,685 7 1 Cash-In hands of superintendents. 53,973 11 7 Ditto-On deposit, on current accounts, and in hand 183,495 18 11 £ 63,887^08^ 3 0 j £ 63 887,008 3 0 THOS. C. DEWEY, General Manager. FREDK. SCHOOLING, Actuary. H. A. HARBEN, Acting Chairman. D. W. STABLE, Secretary. J. W. SIMMONDS, } r,irprfnrq J. H. LUSCOMBE, ) erectors. We have examined the Cash transactions (receipts and payments) affecting the accounts of the Assets and Investments for the year ended December 31st, 1906, and we find the same in good order and properly vouched. We have also examined the Deeds and Securities, Certificates, &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 31st, 1906. 19U¡, February, 1907. DELOITTE, PLENDER, GRIFFITHS & CO., Chartered Accountants. Prospectuses, Proposal Forms, and every information may be obtained from the Agents of the Company, or on application to MR. G. 1-1. HEAP, District Superintendent, 1, Argils Square, King's Cross, W.C. inn—uiiunnMi5EiBaM^mMiim3iw«MK?v.'CTaja»w.iHBuiniiignT;rl™™™l"l"1Mi »n iiiiiiiHiiiilff'iiM'ii.nimiCTiiiTiiiiiiitiiiiniiii ii nil lItll:l.llll!L .=. 18

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