25 APRIL 1931, Page 35

EAGLE STAR.

The Report and accounts of the Eagle, Star and British Dominions Insurance Company for 1930 show that the general operations of the company progressed satisfactorily, and from the principal departments there were some substantial transfers to Profit and Loss. In the Life department there was a net premium income of £961,511, and valuations of the assets and liabilities of the " Eagle " and " English and Scottish " Funds were made at the close of the year on strong valuation bases when record bonuses were declared. The pro- portion of profits due to the company as at December 81st last on account of these Funds was £85,518, which has been carried to Profit and Loss. From the Fire department £13,408 was carried to Profit and Loss account, from the Accident £43,224, and from the General Insurance £54,294. The Marine Fund carried forward now stands at £487,245, equivalent to over 101 per cent. of the premium income. Gross interest from investments amounted to £189,454, as compared with £183,593 for the previous year. Dividends are maintained for the year at the rate of 20 per cent. on the Ordinary shares, 6 per cent. on the Preference, and 10 per cent. on the Preferred Ordinary.

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