The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-08-22
RoYAL INsrRANcE coMpANY.


The opportunity Of another annual inyestgs |
ton Of the affairs Of the Royal Insurance Com
pany having NOW taken place, the directors pro-
ceed 70 lay before the shareholders the results
and CONCLUSIONS which It affords.
FIRE DRANCH.
In the, Fire Branch an increase of business
has been realized, not only larger than the ave.
rage amount of the past years OF the COmpanys
existence, but exceeding in amount that OF any
The premiums Of the year, reach The sum Of
E34l G6S 80. I'd, being an advance oil tfV,9h 49,
80. over the preceding year. $1,000,
The report for 1859 gave the Increase for each
year for ten years, commencing with the year
1850 The largest odysnce &C n these
of the company since that date is shown by the
following figures - ~, ,.,....,,..
Nr'"h'1ft '' $ d. the p''''gss'' one, :. d.
lsGO"...262,a77 70 1l.."".."94,663 u
1861 ). -. .2o2,402 10 ll...,.'....29425
l862...L.300690 10 ll...',....' S,287 10
1863 -. :. .43l66S 3 2..........40,9H ] 3
The tpremiums have thus been enhanced in
four years by Ell3,3j3 los. Id, the largest
amonDt of increase having been obtained in the
last year.t It. .'r'7
uI - tH.H..It 90 DUTY
The test provided by the amount OF duty paid
10 Government furnishes, as heretofore, cores
pondlug evidence of the progress OF the Royal
Insurance. Company The increase, by the pay
ments made for the yeIr 1868, is far larger than
at any former period.
The amount Of duty paid by the
! cornp,tny in 1852 was. ,.....,.,. E75,992 10
| uo. sd do % 1868. ....... SS,O66
Showing an increase Of ........... El2,973 72
| Among the incidents which have tended to the
| advancement OF, the Royal within the last few
months may be reckoned its action with respect
| 10 the losses sustained by the explosion of the
| Lotty Sleigh, which, although only consistent
with the general tenor of the conduct Of the COM
| pany, and ultimately proved to be no more than
| what had been done in former times by the Oldest
/ and most prOverbally honorably among its con-
| tempOrniies, yet attracted attention and public
favorby misunderstanding promptness,
| The publication, under parliamentary sanction,
| of the balance sheets Of insurance companies,
has proved another source of advantage to this
4 establishment. The analysis of these accounts
which has been completed apparently by an ac-
complished hand, places the Royal Insurance
Company in the highest position, both as a fire
and iife establishment, and exhibits its comPs
ratiVe tfernnehcs with respect TO all the othel
ccmeahi( established under the act OF 1th anc
Sth yict., IN an equally favorable light, whether
} its accumulated capital, its premiums, or the
ratio OF its expenditure be made the subject
It's forther a pleasing duty for the directors t.
state chat the result of the year, as represented
by the profit accruing during the period, pre-
sents a precisely parallel result to that of th
amount Of the premiums received. AS the larSes
total Of fenue and the largest ratio or progress
sion have been attained in the present year, so
Y happena that the largest profit which II has eve
fallen to the directors to record has likewise o.
, this occasion 10 be announced.
This favorable position of your afisirs Is ooVl
ouslyidIie, In a great measure, to the fact tbs
, the losses of the last year have amounted to
= less opetcentage Of the amount of the total pre-
7 miunt than for any like period during the cleYe
7 preceding Yeats The present year, 1861, how
4 eyer!,oh the contrary, shows, so far as 1t hs
a | passed far more unfavorable experience, I'll
claims of the last seven months being very cor
: Sdetnily above the average amount for liB
period Of timer The balance to the credit OF prof
and loss, on account of British and foreign insu
ances for the year, Is E67T75 LIS. 3D. ana on Il
!. American account El5,969 Is. Id
NORTH AMERICAN BRANCH.
The fluctuations in the exchange between tt
e country and America, referred to in the last 7
4 | mort having recently become still more ylolen
:, ! sudden tnd excessive than at that time, the
'p reeters feel assured that the shareholders W
g. concur In the Ifopriety of laying aside the pro
"A of this branch for the year, 10 be dealt with in
II Same way as the amount of its profit for the pI
- eedihg yeat.
ar '.s LIFE BRANCH.
." The pyOgTess of tho life branch, as shown
the new business transacted in the last year,
" most pi onisng as respects its future prosp c
L, of deyelopment The advances made, year
:, year ia the amount of new insurances ettectt
IN IN shuw clearly the estimation in which the col
i'd Iauy is held. The following is a statement
I'd ihg9pst FIVE years.