The Sun.
London, England, 1869-03-30 00:00:00

•
ROYAL INSURANCE COMPANY.
HEAD OFFICES:
Royal Insurance Buildings Lombard-street, London.
Royal Royal Insurance Buildings North John-street, Liverpool.
CAPITAL, TWO MILLIONS STERLING.
Total Annual Revenue exceeds £800,,00
Accumulated Funds in hand £1,500,000
LIFE DEPARTMENT.
Lifo and Annuity Funds .....£1,031,329
SPECIAL ADVANTAGES—
Exemption of Assured from Liability of Partnership.
BONUSES antong the largest ever declared by any Company.
Profits divided every five years.
Alton
Life Insura ec
nces now effted will become entitled
Increased Share of the Profits.
FIRE DEPARTMENT.
Premiums in 1867 £461,553.
irgr.A—L hasSi extheeisedfierdstthatot of anyokplt oththeeirneorifieacsee,
Prompt and liberal settlement of Losses.
JOHN H. MCLAREN, Manager.
JOHN B. JOHNSTON, Secretary in London.
aosfßbsEhuspoiwUnCenTslsbOyoNfGOtFohve DRernment Returns.

EAGLE INSURANCE COMPANY,
LONDON.
Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Proprietors, August 14, 1868—Ctlonel CHARLES
WETIIERALL, K.C.T., Chairman of the Company, in
the chair.
The proprietors will no doubt remember that at the last
annual general meeting a report was made to them for the
quinquennial period then terminating, and that a bonus
was declared in respect of it amounting, to the sum of
£208,774. The surplus fund account, as under, commences
with the balance of June, 1867, after deduction of this
bonus—that is to say, with the debit of £772,740 13s. 9d.

---
SURPLUS FUND ACCOUNT, 36Tit JUYE, 1868.
PE. INCOME OF THE YEAR.
Balance of account, 30ih
June, 1867, £981,514 13 9
Less amount distributed
as bonus 2lJairr4 - 2_o
.C 772,710 13 9

Premiums rn new assur- -
ancvs
Ditto on old ditto 366,215 7 3

Intcre't from invest-
ments

Profit and loss, balance

£380,811 8 3

117,584 7 3

£493.395 15 11

of account
Total inc-mio

(JR. CHARGE OF TIIE YEAR
Dividend to proprietors
Claims on decease of lives

assured .£265,523 13 5
Additions to those under

participating policies 22,816 4 7
Policies surrendered 28,642 11 3
Re-assurances, new
Ditto, old 50,365 0 8

544,466 9 2

.£1,317:207 2 11

£370,618 5 3
Commission
Medical fees
Income tax 2,215 4 7
Expenses of manage-
meat 15,489 8 5

£8,877 5 0

400,777 9 5

Total chargA
Balance of account, 30th June 1868 907,552 8 0 O.
r. 4

£1,317,207 211 4
Examined and approv jd
THOMAS ALLEN
The total income ofHthEeNyßeaYr,.RitOwSilEl,be seen, uisdEit°s4rs4,466
e 3
e:2oftcauls,r.n,loosdaifi.nnaxdgg2af,tihnetotorta,lo77stsg2oBs.£46od9,6sl 14s. sd. ; the diffe-
9rtahesdsn.s. the sum laid by- viz., £131,811 11s. 9d.—raises
. .
_ _The interest received during the year is £117,584 7s.
8r0,m7,15t7h,e
mpernotdiuocnteidveinpotrhteiolnastofyetahre,srepiV.
The whole assets, productive and unproductive, may there-
fore be considered as having improved at the rate of rather
more than 4 per cent. ; or, if the profit shown of £46,070
13s. 3d., derived from various extraneous sources, be in-
cluded, at upwards of £5 12s. per cent.
The premiums on new assurances are £14,596 ls.
and of this sum £3,270 158. 4d. has been expended in re-
assurances.
The claims on decease of lives assured are nearly iden-
tical in amount with those of 1866. They are less than
those of last year by nearly £19,000.
A considerable reduction, too, appears in the amount
of premiums paid for re-assurance, many of the risks
death and other causes.
re-assured having terminated by
The expenses of management are less than those of last
year by upwards of £1,400. But they still include charges
incurred in the final closing of the doffstceslast absorbed
by the company. The whole expeure, however, in-
cluding income tax, is at the rate of little more than 5i
per cent. on the total income.
The balance-sheet is as follows :
DR. LIABILITIES.
Interest due to proprietors ............ .... ..
Claims on decease of lives assured, and
additions thereto unpaid .................. 61,530 4 5
Sundry accounts .............................. 45,875 13 6
Liability under sums assured, ezc. (1867) 6,369,169 11 7
Proprietors' fund ............................. 173,792 10 0
907,552 8 6
Surplus fund as before ........................

0,977 13 3

£7,565,198 1 8

Total ......................
Cu. ASSETS.
Amount invested in fixed mortgages £1,46183,0,797729 17 10 7
Ditto ditto decreasing ditto
Ditto ditto 347
reversions ,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities
Current interest on the above invest-
ments 36,243 7 6
Cash and bills 22,604 2 9
Advanced on security of the company's
policies....
Agents' Winces
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18 0
Value of re-assurances 86,860 13 9

Total £7,565,198 1 3
Examined and approved.

THOMATS ALLEN,) Auditors.
HENRY ROSE
The present dispositionof the Company's funds is shown
by this account. On ccmparing it with that of 1867, it
will be observed that further investments have been made
on mortgage and in the Government funds, and that about
£ll,OOO more has bern advanced on security of the com-
pany's policies. Exclasive of the sum indicating the value
of the future premiums, the assets amount to £3,059,030
Ss. 3d.
The direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., S.C.B. Chair-
man.
WILLIAM FREDERICK DE LA RUE .Esq,
Deputy-
Chairman.
Charles Bischoff, Esq.
Thomas Boddington, Esq.
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Grafi Esq.
Wm. Augustus Guy, M.D.,
F.JA,S.

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, 'Esq.
Philip Rose, Es.q.
George Russell, Esq.
Thos. Godfrey Sambrooke,
Ad Esq.
rairol Ti