Weekly Chronicle in London, Middlesex

Queen Insurance Company annual meeting reports strong gains and losses

The Queen Insurance Company held its annual meeting in Dale-street with chairman Bernard Hall presiding. Fire premiums rose to £101,085 with large losses in July and August totaling £65,267, while life business grew with premiums up 60 percent to £6,371 and the life fund reaching £35,480. The capital stands at £1,876,720 with a proposed 2s per share dividend and a strengthened reserve fund. discussions covered expenses, dividends, and the reserve’s role in stabilizing future payouts.