The report of the directors of the Sun Insurance Office for the year 1920 contains a series of interesting figures concerning the Company's business. Summarized, the most important of these are:—1 Claims Premiums paid and received outstand. ing.
Fire account.
2,370,989 1,088,729 Personal Accident 9,838 2,916 Employers' Liability 191,938 62,748 Burglary and General 97,560 46,359 Marine 23,424 4,405 The income from investments amounted to £139,196. The profit and loss account for the year shows that the balance brought forward from the previous year was £592,- 171, while the dividends paid in re-aspect of 1919 were £151,200, leaving a credit balance of £440,971. This by the operations of the year has been increased to £840,937. Of this a sum of £230,000 has been carTied to the credit of the various accounts, leaving a sum of £610,937. An interim dividend of nine sh lings per share, less income tax, was paid in January, absorbing £75,600, and the directors have declared a further dividend of niue shillings per share, less income tax, payable on July 1, also absorbing £75,600, leaving unappropriated the sum of £459,737. The total funds of the company now stand at £4,238,551.
Text read from the printed page and cleaned; old type leaves the occasional error.