The Sun.
London, England, 1863-08-31 00:00:00

EXTRACTS FROM THE REPORT FOR THE YEAR

1862.

The Directora of the Royal Insurance Company are now
called upon to make their accustomed periodical Report at the
Meeting of its Shareholders.
FIRE BRANCH.

The Directors have, as pleasingly as unexpectedly, at the
close or the year, to announce, for the first time, that the Fire
Premiums have not only reached, but exceed £300,000.
The high comparative position held by the Royal in the
Government Returns of Duty is again fully mi.intained.
The profit of the business of the year exceeds considerably
the amount realised in the preceding year, and in fact sur-
passes that of any year, with but two exceptions, since the
commencement of this Office, the balance to the credit on
account of British and Foreign Insurances being £15,107 10s.
5d., and of the North American business, whichis kept sepa-
rately, £11,097 16s. 10d.
LIFE BRANCH.

The very gratifyinz, duty now falls upon the Directors to
state the sum assured on nPw policies for fhe year 142
exceeds even that of theye.r 1861 by £lBO.OOO, and has arrived
at the almost unexampled amount for a single year of
£701,427 on 1,498 new policies issued. Until within the last
few years it is believed that such a sum acsured as that which
haslust been announced as the result of one year's business
was all but unheard of.

This portion of the Company's business has been carefully
watched, and cannot tail to give much satisfaction to the
shareholder, ,as well as no small encouragement for the
future to the participating life assurer.
Evidence of continued care in the selection of lives is amply
afforded by a statement of the number rejected,. These have
amounted to 311 for the year, on which the aggregate sum
proposed for assurance amounts to £ 143.281. Various degrees
of ineligibility have led to these lives being declined.
No small number of the Assurance Companies of the day
record their accepted lives annually at a sum not much, if at
all, exceeding those which the Royal has declared as inadmis-
sible in a single year from deterioration of some kind or
another.

If, to complete their review, the Directors now advert
, briefly to the United Kingdom, they have to announce that
in Fire Business its progress has been undoubtedly more
, rapid than that of any other Company established either in
London or elsewhere, except when amalgamations have taken
place. The returns of duty have proved this. In Life, the
amount of New Policies already reported make all other
evidence needless.
The Directors conclude their present Report with the
expression of an opinion that the prospects of the Royal
Insuranca Company were never brighter, and of a consequent
hope, founded on a grateful remembrance of the past, that
the future may unfold for it a sphere of still greater magni-
tude, combining distinguished commercial success to the
Office with a lengthened career of usefulness and protection
to the public.
PERCY M. DOVE, Manager and Actuary.
JOHN B. JOHNSTON, Secretary in London.

T".--MOORE BROTHERS respectfully inti-
mate that their New Prospectus is now ready. They
especially recommend their improved Family Tea, reduced
to 3s. 2d. ; Souchom.r, reduced to 3s. ed. ; mixed Assam, re-
duced to 3s. Bd.; and the finest Assam, reduced from 4s. 4d.
to 3s. 11d, per lb.
MOORE BROTHERS, 33, London-bridge, City, E.C.