Second Annual Report of the Hercules Fire and Life Ins Co
The Directors present a profitable second year with 1 537 Fire Proposals insuring £1 282 055 and 1441 Policies issued. Life Dept reports 204 proposals for £77 800, 139 policies for £43 000, three claims with one paid and another due May 18. Premiums rise to about £10 000 per annum. Dividend proposed at five percent to shareholders, payable after May 29.