PEARL ASSURANCE.
The accounts of the Pearl Assurance Company for last year make an excellent showing. 'Out of the Industrial Branch surplus of £1,829,000, £603,819 goes to policy-holders, £100,000 to investments reserve fund, £73,969 to staff pension fund, and .2400,000 to profit and loss, leaving £651,278 to be carried forward. • From the Ordinary Branch surplus of £1,462,904 the sum of £779,523 goes to participating policy- holders, £100;000 to' Investments Reserve, £26,031 to Staff- Pension Fund, and £194,883 to Profit and Loss, carrying forward 2862,458. The dividend on the Ordinary share capital of £1,200;000 is £000,000 or 50 per cent. The total premium income for the year was £14,225,171, of. which £5,010,596 was in the Ordinary Branch and £7,903,471 in the Industrial Branch. These figures compare with £5,019,231 and £7,442,922 respectively in 1983.
A. W. K.
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