26 MARCH 1932, Page 32

* * * * STANDARD LIFE ASSURANCE.

The latest annual report of the Standard Life Assurance Company shows that the amount of life assurance effected during the year ending November 15th last was 12,877,250, and after reassuring, the net amount of life assurance was £2,703,992. The net amount of new premiums for the year was £138,803, while the total assets shown in the balance- sheet amounted to £21,961,483. As a result of the annual investigation the surplus available after valuing the assets and providing for liabilities in stringent fashion, and after supplementing the inner reserve, was £347,394. In respect of policies existing on November 15th last, on which all premiums due have been paid, the directors have - declared under the ordinary reversionary bonus series, a Compound Reversionary bonus of 42s. per cent. and have also declared appropriate bonuses under the Minimum Premium With Profit series and the Tontine scheme. After providing for these bonuses a sum of £30,025 is carried forward. :