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Russell Banner in Russell, Manitoba

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Jan 23, 1936

Page

8

A Splendid Year for the Manufacturers Life 1935

The Forty Ninth Annual Report of the Manufacturers Life Insurance Company for the year ending December 31 1935 shows improved business conditions. New insurance written 6 731 904 bringing in force to 519 956 598. policyholders and beneficiaries benefits total 13 471 89 while payments to living policyholders 9 885 408. Assets rise to 133 824 000 with bonds 66 973 322 and real estate mortgages 27 768 505. Dividends 3 586 488 to beneficiaries. reserves grow to 13 554 909 and the dividend reserve to 4 550 000. Annual dividends to policyholders in 1936 expected to be higher than the previous year.

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