The favourable Mortality experienced by the ROYAL is exhibited by the Diagram, which shows the NUMBER out of which ONE has died at each Age up to the end of the year 1864, compared with the NUMBER which had been EXPECTED by the Tables, and further contrasted with its Experience up to the end of 1859, and with the "Combined experience of Seventeen Offices." "I CONFINE myself to the experience of the Seventeen Offices published in 1813. A few words will suffice to show the particular and general adaptation of this figure to its intended purpose. To exhibit the first of these qualities, let it be supposed that the enquirer wishes to compare the Mortality experienced by the respective Offices named, on Lives aged 40 years. By drawing his finger carefully along the horizontal line 40, to the points where the several curves cross the said line, and following with his eye the vertical line at those respective points to the top or bottom of the page, he will learn that The "ROYAL" expected that 1 out of about 80 would die : But, by adjusted experience to 1865, only 1 out of about 109 would die; 1 وو 101 would die; Little will be required to show the general adaptation of the Diagram to exhibit the success of the ROYAL in its Mortality, and the BENEFIT THUS OBTAINED BY THE ASSURER WITH PARTICIPATION OF PROFITS in that Office. I refer here to the fact that every point on the left of the O00 curve, which it must be observed represents the Mortality, expected by our Tables, shows more or less gain according as it is removed froin or approaches thereto. Now, as the curve Ooo and the one painted red, respectively depicting the a ljusted mortality of the ROYAL up to 1859 and up to 1861, are entirely on the left of the OOO curve, and sore portions of them at a very marked distance, it is at once evident that everything in the PAST experience of the Company, as respects this important subject, has been more favourable than could have been reasonably hoped for." 1866 FIVE TIMES THE AMOUNT OF 1856. RAPID GROWTH OF LIFE FUNDS. 1866 EXCEEDS 1856 BY NO LESS THAN £730,030. Amount added to the Life Funds in the year 1866 alone, after payment of all Losses and Expenses, £124,165. کو The increase for the year 1867 alone, beyond the amount at the close of the year 1866, will also show, when the accounts are completed, a further amount of over £120.000, making the total Life Funds nearly £1 000.000, in addition to the Fire Reserve Fund and Capital. The accumulated funds of the Company being thus nearly ONE MILLION AND A HALF STERLING. The Actuary in his late Valuation Report stated his opinion that no less than £100.000 would be added annually to the Life and Annuity Funds. for the next ten years. This anticipa tion has so far been more than realized, as the Funds in hand at the end of 1867 will show au INCREASE OF OVER £110,000 PER ANNUM. |