The Sun.
London, England, 1869-03-24 00:00:00

EUROPEAN ASSURANCE SOCIETY.
Empowered by Special Act of Parliament.
For Life Assurance, Annuities, and Guarantee of Fidelity in
Situations of Trust.
Chairman— General Sir FREDERIC Suns, K.H., P.B.S.
Policies payable during Life—lndisputable—Not liable to
Forfeiture.
Annual Income exceeds Three Hundred and Fifty Thousand
Pounds.
Tables, offering special advantages to Annuitants,
The Annuity
and full pof the popular Principles of this Society, will
be found inarticulars the New Prospectus, which will be forwarded to
applicants post free.

IIEYRY LAKE, General Manager.
316, Regent-street, and 17, Waterloo-place Pall mall, London.

COMPANY.

ROYAL INSURANCE
HEAD OFFICES:
Royal Insurance Buildings Lombard-street, London.
Royal Insurance Buildings North John-street, Liverpool.
CAPITAL, TWO 'MILLIONS STERLING.
Total Annual Revenue exceeds £Boo,' 00
£1
Accumulated Funds in hand ,500,000
LIFE DEPARTMENT.
Life and Annuity Funds ' ....a031,329
SPECIAL ADVANTAGES--
Exemption of Assured from Liability of Partnership.
BoNUSES among the largest ever declared by any Company.
Profits divided every five years.
All new Life Insurances now effected will become entitled
to an In
Share of the Profits.
FIRE DEPARTMENT.
Premiums in 1867 .................. £46',553.
REDUCTION OF DUTY.—Since this first took place the increase
of business of the ROYAL has exceeded that of any other Office,
as shown by Government Returns.
Prompt and liberal settlement of Losses.
JOHN H. McLAR EN, Manager.
JOHN B. JOHNSTON, Secretary in London.

EAGLE IN SURA NC E COMPANY,
LONDON.
Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Aw
proprietors,
nst 14, 1868—Colonel CHARLES
K.C.T
WET fiERALL, ~ 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, 30TH JUNE, 1868
Dn. INCOME OF TUE YEAR.
D.Litice of account, 500,
June, 1867, £981,514 13 9
Less amount distributed
as bonus 208,774 0 0

£772,710 13 9

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

£380,811 8 3

Interest from invest-
ments 117,584 7 3

£498,395 15 11

Profit and loss, balance
of account
Total income

,466 9 2

£1,317:207 2 11

CR. CHARGE OF THE 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
---

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

,777 9 5

Total cbargA
Balance of account, 30th June 1868 907,552 8 6

£1,317,207 21
Examined and approv 1
THOMAS ALLEN} Auditors
HENRY ROSE,
The total income of the year, it will be seen, is £514,466
9s. 2d., and the total outgo £409,654 14s. sd. ; the diffe-
rence, or the sum laid by--viz., £134,811 14s. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 75.
3d., arising from the productive portion of the realised
assets of £2,897,157, mentioned in the last year's report.
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. 9d.,
and of this sum £3,270 15s. 4d. has been expended in re-
assurances.
The claims on decease of lives assured aro 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 preminms paid for re-assurance, many of the risks
re-assured having terminated by death and
an other causes.
The expenses of managemen taro less th those of last
year by upwards of £1,400. But they still include charges
incurred in the final closing of the two officeslast absorbed
by the company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 51
per cent. on the total income.
The balance-sheet is as follows :
Dlt. LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid
Sundry accounts4s,B7s 13 6
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

36,243 7 6
22,604 2 9

Total £7,565,198 1 3
CR. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities
Current interest on the above invest-
ments
Cash and bills
Advanced on security of the company's
policies..., ~....•.....
159,503 14 9
Agents' balcnces 27,112 9 6
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18 0
I Value of re-assurances 86,860 13 9

r Total .................................... £7,565,198 1 3
Examined and approved.
THOMAS A LI,EN,I Auditors.
HENRY ROSE,
The present disposition of the Company's funds is shown
by this account. On comparing 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 Exclusivean advanced on security of the com-
pany's policies. of the sum indicating the value
of the future premiums, the assets amount to £3,059,030
3s. 3.1. •
The direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart. K.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. Grayl Esq.
Win. Augustus Guy, M.D.,
F.E.S.

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Murray,
George Russell, Esq.
Thos. Godfrey Sambrooke,
Esq.
Admiral Tindal.: