The Sun.
London, England, 1863-11-04 00:00:00

NORTH BRITISH AND MERCANTILE
INSURANCE COM ['ANY.

Established 1809.
Incorporated by Royal Charter and Special Acts of
Parliament.
ACCUMULATED AND INVESTED FUNDS, £2,14825.
ANNUAL REVENUE, 2122,401.
LONDON BOARD.
JOHN WHITE CATER, Esq., Chairman.
CHARLES MORRISON, Esq., Deputy Chairman.
A. De Arroyave, Esq. John Alone; t, Esq.
Edward Cohen, Esq. Junius S. Morgan, Esq.
James du Buisson, Esq. G. Garden Nicol, Esq.
P. du Pre Grenfell, Ebq. John 11. Wm. Schroder, Esq.
A. Klockmann, Esq. George Young, Esq.

EX-DIRECTORS.
A. H. Campbell, Esq. I Robert Smith, Esq.
P . C. Cavan, Esq. Frederic Somes, Esq,
P. P. Ralll, Esq.

FIRE DEPARTMENT.
Manager, G. H. Whyting.—Surveyor, Thos. Piper.
The Company :maids Insurances against Fire in the United
Kingdom, and all foreign countries.
Mercantile Risks in the Port of London accepted at re-
duced rates.
Losses promptly and liberally settled.
Foreign Department—Superintendent, G. H. Burnett.

The Director,, having a practical knowledge of Foreign
Countries, and being represented by Agents in all parts of
the World, are prepared to issue Policies on the most favour-
able terms. In all cases a discount will be allowed to Mer-
chants and others effecting such Insurances,

LIFE DEPARTMENT
Actuary—Andrew Baden, Jun.
Every facility offered to Insurers.
90 per Cent. of the Profits divided among the Insurers on
the Participating,. principle.
The following Statement exhibits the improvement in the
business during the las , few years :
No. of Policies
Year. Issued. Sums. Premiums.
Ms
1859 635 .. .. 449,913
18 0
1811
1862 l,e 37
Thus in five years the number of Policies issued was 3,623,
assuring the large sum of £2,928,917.
The leading features of the Office arc:-
1. Entire Se. urity to Assurers.
2. The large Bonus additions already declared, and the
prospect of a further Bonus at the next investiga-
tion.
3. The advantages afforded by varied Tables of premiums
—unrestricted conditions of Policies—and general
liberality in dealing with the Assured.
CHIEF OFFICES :
LONDON 5B, Threadneedle-street
4, New Bank Buildings, LO'hbllrY.
EDINBURGII..... ....... .64, Princes-street.
WEST END BRANCH 8, Waterloo-place, Pall-mall.

Branch; Secretary—A. J. RUSSELL.
For further Explanation, Tables of Rates, &c., see the
Company's Prospectus, which may be had at any of the
Offices or Agencies throughout the Kingdom.
DAVID SMITH, General Manager.
F. W. LANCE. Secretary.

THE QUEEN INSURANCE COMPANY.
156, Leadenhall-street, London, E.C.
Queen Insurance-buildings, Liverpool.
Capital ONE MILLION STERLING.
ohAna theo on the
nAnnual
etC
aMeetingtopbe
nro,
yf
,Itshi
n6e3,
tBERNARDhe Proprietors,
eh Chair,
r,t heldh HALL,
D a tr
eL pose;
irs.-;
Reporthfeolrltrheely,reeamr
Premiums
sedfo; the year amouutedto... £70,300
being an increase over the preceding year of .... 22,880
That the Life Premium Receipts for the first three
:
years were
..............
and
beingfo r tahne pastincrease threei n • y etabres .
latter ....................
I.* ........ 4153524579
over the former of .........
That the amount accumulated since. ..... 28'3°8
a Fire Reserve Fund, was ........
was ........... 23,427
and the amount added to Life Fund.aW
That during the past five years the Company had ........ 13'743 fbr Claims ..................................... ,515 The Actuary reported that the Life Liabilities. had 106 been
valued oa the soundest principles, viz., Net Premiums at 3
per cent. interest, and that the Bonus to participating Policy-
holders averaged as much as 46 per cent. per annum of the
Premiums paid, while in some instances it was as high as 65,
70, and even 75 per cent.
A dividend was declared to proprietors at the rate of 8 per
cent. per annum.
J. MONCRIEFF WILSON, Manager and Actuary.
JOHN E. LEYLAND, Secretary.