24 APRIL 1926, Page 30

ROYAL EXCHANGE ASSURANCE.

The completion, of the Quinquennial Valuation period in: . the Life Department of the Royal Exchange As-alliance Cdiii- pany has resulted in the announcement of a combined Re:' versionary Bonus of 35s. per cent. per annum. It will be remembered that, at the 1920 valuation, no Bonus was de- clared, kit the *sent announcement is ,elO4uent;:teOtiMohy to the iatiltactory 'position alb& Company. -Moreover, 'eVen this large bonus only absorbs £552,000' out of a total surplus of 2754,000, leaving £127,000 to be carried forward, After deducting the Shareholders Proportion at the end of the year, the total assets. of the company were 213,039,554, against

• £12,621;784 a year previously. * * * .