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1 PEARL ASSURANCE COMPANY, LTD., HIGH HOLBORN, W C 'Summary of ANNUAL REPORT for the Year ending December 31st, 1916. In presenting the Fifty-Third Annual RepoFt and Statement of Accounts, the Directors have again to call attention to the exceptional conditions which have i prevailed during the past year owing to the prolongation of the war. During the year claims to the extent of L152,453 5s. 7d. have been paid on the t » lives of 9,960 of our policyholders reported killed in the war. This brings the total r -amount so paid up to the present date to zL243,343 4s. 6d. The great majority of these policies were issued prior to the outbreak of war, and in all cases the sum .assured has been paid in full, and without any charge for extra premium. The practice has been continued of providing substantial financial assistance to the j great body of the Staff who have been called to the Colours. Owing to the urgent need t. the number has greatly increased, and is now upwards of 7,000 men. r The Directors' aim has been to do all that was possible patriotically to assist the ? 'Government, and to this end the Company's holding in the.War Loan Securities has [ been increased to tl,457,193 and has been considerably added to since the close of the Accounts. INCOME.-t-The Tot,,il Premium Income for the year amounted to L3,564,843 2s. 6d., S an increase of ?269,763 over that of the previous year. I In the Ordinary Branch, the Premium Income amounted to ?684,3o0 Is. 4d., which ? is ?49 185 Is. 6d. greater than that of the the previous year. The number of Policies i issued during the year in this Branch was 24,523, assuring the sum of £1,873,962, and a New Annual Premium Income of t88,412 14s. lid. 2 980 Personal Accident and Employers Liability Policies were granted during the year, representing R8,104 Os. Id. New Annual Premium Income, the Premiums received in this Branch amounted to L32,004 19s. 5d. f. The Total Income for the year amounted to L3,925,927 4s. 3d. being an increase of t298,876 Os. 7d. over that of the previous year. CLAIMS.—The Life Claims, Grants, Matured Endowments, Accident and Employers' Liability Claims numbered 187,366 during the year, amounting with Bonuses and out- standing Claims, to tl,612,930 12s. 9d., which, added to the sums previously paid, make a total of £19,590,865 13s. 6d. i' FUNDS.-The Total Funds now amount to ?11,564,971 15s. 5d., which is an increase  of ?,OOE,.H 13.. 7d. over those of last year. ? ? ? ?? C M ?, > By Order, F. D. BOWLES, Chairman. I Wanted, additional representatives in all districts. To good business men liberal [ terms and certain success.—Apply to the District Superintendent. t W. R. TILLER, Central Buildings, Dunraven Street, Tonypandy. W. ORAM, 159 Bute Street, Treherbert, Glamorgan. j, W. J. WINSTON, 219 Ystrad Road, Pentre. 472.

f - r.- Correspondence.I

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