17 APRIL 1926, Page 46

COLONIAL LIFE OFFICES.

Both shareholders and policy-holders of the Canada Life Assurance Company must be congratulated upon the good results achieved for 1925, the figures constituting, I believe, a record in the company's history. New business was completed to an amount of no less than £26,417,000, of which nearly £21,000,000 was retained at the company's own risk after deduction of reassurances, and the total premium income was just upon £4,000,000. Total funds at the end of the year reached £23,519,000 and the interest income was £1,214,000, representing the very high rate of just over 6 per cent. per annum. The balance-sheet shows a strong position and the inventory of investments shows a very large proportion in British or Colonial Government Stocks.

* * * *