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Directors Report to British Nation Life Assurance 1864 Meeting
The report to shareholders notes 4 946 proposals, 151 declined, 207 not carried out, 629 in progress, 107 565 and 8 959 policies completed. New annual premium income 31 143, revenue from in-force policies over 173 000, death claims 88 139, eight annuitants died totaling 2 322 present value, and a year surplus of 35 250 12s 2d. Dividend proposed at 6 percent on paid-up capital. Robert Wallen Jones elected to fill a vacancy. directors Bermingham Furnell Richardson up for re election. auditors retire. emphasis on new business with premium income up to 31 143.