The chief iteZi in the Company's liabilities is the Policy and Annuity Reserves amounting to £30,730,590. This sum is the amount necessary, together with future premiums and interest, to provide for payment of future claims and other benefits guaranteed under the Com-Pany's contracts. The method of valuation, mortality fables and the interest rates used are such that these reserves arë considerably in excess of the minimum stefütory requiréméhfs in the Dominion of Canada or elsewhere where the Company operates.
Text read from the printed page and cleaned; old type leaves the occasional error.