BRITANNIC ASSURANCE.
The annual report of the Britannic Assurance Company is a good one, showing an increase in the total funds of £1,239,946, the total now standing at £17,815,279. The total income (excluding the General Branch) amounted to £4,863,653, being an increase of £182,513. Claims in the Life Branches amounted to £1,753,551, including £628,777, in respect of maturing endowments and endowment insurance policies. In the ordinary branch there was a new annual premium income of £125,415, and single premiums of £10,243. The premium income amounted to £973;571, and claims to £493,340. Excluding single premiums, the premium income showed an increase of £49,322. The company is paying a final dividend to its ordinary shareholders of 5s. per share, leaving a balance of £26,711 to be carried forward.
A. W. K.
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