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British Prudential balance sheet debate and solvency notes
The British Prudential Assurance reports a year end 1863 net increase in funds from 5,481 pounds to 70,466 pounds with 148,329 pounds in claims paid to date. Directors announce the death of auditor Warne and appoint J Allanson to fill the vacancy. The piece discusses Gladstone’s 1861 balance sheet critiques and assurances from actuaries Sprague Laundy on solvency, with claims on premium loading and future bonuses analyzed.
MENTIONED IN THIS ARTICLE
Warne
J. Allanson
Messrs. P. Sers
R. T. Pugh
Gladstone
Vide Times
British Prudential
T. B. Sprague
St. John’s College
Cambridge
Sprague
Tom
Prudential Company
S. ©. Laundy
Laundy