17 MAY 1930, Page 44

LIVERPOOL AND LONDON AND GLOBE RESULTS.

The Report of the Liverpool and London and Globe Insur- ance Co. for last year shows that notwithstanding a decrease of-238,331 in the Single Premiums, the new new Life assurances granted were larger by £11,160 at £1,715,731. Accident pre- miums were higher at £5,870,766, but the underwriting surplus 'declined- by £91,329. The Marine premiums were also rather lower, but after allowing 40 per cent. of the premium income for unexpired risks a sum of £33,435 has been transferred to Profit and Loss, leaving that fund at £460,779. The total premiums, excluding those of the Life department, rose during the year by £147,876 to 411,119;035, and after deducting Profit and Loss expenses, the net underwriting profit was 1425,787. The -dividend has been- increased by ls. a share to 26s. a share, having gone up progressively from 23s. in 1926

to 24s. in 1927, and to 25s. in 1928. A. W. K.