SUN INSURANCE RESULTS.
Great steadiness in results has for some time been a feature of the annual reports of the Sun Insurance Office, and this is again displayed in the report for the past year. In the fire department the premium income for the year was £2,640,768, while in the burglary and general account the " Additional " reserve was increased by £190,000 from profit and loss after making a transfer to profit and loss account of £52,785, the fund being raised from £585,922 to £832,242, including the unex- pired risks reserve. The marine fund yielded a profit for the year of £32,581, while £20,000 was transferred back to the fund from profit and loss. The total interest earnings for the year came to £243,332, while the cost of the dividend for the year, namely, 25s. per share, less tax, was £243,200, leaving the whole of the underwriting profits available to increase resources or to meet special charges in profit and loss. After allowing for the final dividend, the unappropriated balance in profit and loss was £620,741, the total fund being £6,445,178, against £6,139,720 last year.
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