, 1872-09-11

popularity, and o proportlonate augmenta-
ton of Revenue, to British Offices from the
American Continent.
The ROYAL INSURANCE COMPANY is one
of those useful Public Institutions of whose
singuIarly successful career we habitually
hold that all intelligent Liverpool men in
particular may be Justly proud. Its Annu-
al Meeting was held yesterday. Both the
"Report" read and the speeches delivered
uiU'be found chronicicd an or c0Iumns." 1t
is right pleasant to perceive that in the
augmentation of revenue from the United
States the "ROyal" is announced as having
"IargeIy participated" 1t is matter for fo-
licitation that several others Of our great
Liverpool Offices have similarly participa-
ted. to a greater or less extent. The onward
career and the unsurpassed progress OF the
Fire Insurance business of the "ROyar" will
be best appreciated by taking from the
present and two former reports its reve-
nue. from Fire Premiums for the last three
years -
Year 1869.-....4485,16 $50 SIS. Sd.
" 1S7O..--.-9511,8 1886 19s. cd.
1S7l.-....9697,26 1 12s. lid.
Truly, one can hardly find terms or phra-
ses exactly to indicate this wondrOusgrowth
and accumulation of its general business,
without seeming to indulge in hyperholes
and superlatives. Here, in one combined
Insurance business, we have in the Fire
Department alone 90 increase of revenue OF
some 920O,0 900 over that of the previous
year,-an augmentation in itself about
equivalent to the total yearly revenues OF
perhaps the majority of Fire Insurance
Companies in these Kingdoms. Such aug
mentations form an Ineligible index Of the
increase ofTrade and Commerce throughout
the country generally. And we are con-
strained to borrow the words of the PRE-
MIER's recent speech at the Mansion House
in reference to our National prosperity, and
to use his graphic smile to pourtray the
ever advancing prosperity Of the "Royal"
as being "not by steps, but by strides
mot by strides, but by leaps and bounds"
The "RoYAL" Insurance Company is
shown to have been also exceedingly for
tunate in extending its inexpensively yet
prudently conducted Life Department bu-
siness. After declining, with its cnarac-
%teristic caution, above one-third in value
of New Proposals, it has opened and COM
pleted New Life Policies amounting togeth-
er to above Half a-Million sterling within
q single year. The broad and pregnant
fact that above 1900 New Proposals were
made for Life assurances, amounting to
close upon $500, 900, significantly tells
forth, trumpet-tongued, that the public at
large, and particularly intending insurers,
are no longer scared and deferred by the
calamities which shipwrecked the euro
pean" and the "Albert" offices-although
increasingly cautious and sagacious in Sc
lecting really good and sound Insurance
Companies, ~well-known to be prudently
managed, and proverbial for declining to
seek new and riskful Life business.
Taking the combined Insurance business
of the "RoyaI," we think it must be, es-
pecially to its old Life insurers like our
selves, extremely satisfactory to find that
over and above its large Capital-lt has
enormous Reserves in hand,-namely, near
" 91,5OO,OOO of Reserve in its Life de-
partment, and nearly 945O,0oO OF Reserve