946                 to~ bo$         tAx4, eQ      Q1TA0O,
LONDON ASSURANCE CORPORATION
London, England.
U. S. Branch Offlice, 84 WILLIAM   STREET, NEW      YORK CITY.
[Incorporated, 17210; commenced business, 1872; admitted November, 1872.]
United States Manager, CHARLES L. CASE.
CAPITAL STOCK.
Stcitutory deposit ...............................     $0......  $0, 000
00
Amount of ledger assets December 31 of previous year .....     ...... $3,835,0263
15
INCOME.
Marine and
Fire.         inland.
Gross premiums ................ ..... $3,135,334 11 $1,291,433 08
Deduct gross amount paid for reinsur-
alice, fire, $560,769.00; marine  and
inland, ;626,884.11; return premiums,
tire, $491,489.05; marine and inland,
$3i,338-.44  ............................ 1,0512,258 05  663,222 55
Total premiums (other than per-
ivetual)                  .... $2,083,076 06  $628,210 53
Cr.7ess iinterest on bonds and dividends on stocks, less            $2,711,286
59
$1,269.20 accrued interest on bonds acquired during
the year .......................       .....          $126,270 80
Gross. interest on deposits in trust companies and
b)anks ................                                  4,391 04
Gross interest from all other so'urces: Agents' bal-
aInces ..............................................      211 45
Total gross interest and rents .......      .......................  1.3I0,873
29
From otlher sources: Received from home office .....      ............. 
1l02,754 39
Total income .............     .................................... 9$2,44,914
27
Total footings ..........     ............................... $06779,937
42


DISBURSEMENTS.
PF ire.


Marine and
i ln Ion


G0ross amlloun1t. paid policyholders for
losses (including   $245,839.53  occur-
ring ini previous years) .....  ........ $1,219,665 33  $879,419 52
De(lllct :amount received for salvage,
fire, $8,134.33; marine  and   inland,
$75,298.08;  reinsurance,  fire,  $213,-
145.1:9; marine and inland, $492,344.01;
diseount, fire, $340.29 ...... .........  221,620 31   567,642 0)9
Net amount paid policyholders
for losses .......   ............ $998,045 02  $311,777 43
Expenses of adjustment and settlement of losses .................
Commissions or brokerage .......................................
Salaries, $34,353.013, and expenses, $32,746.79, of special and general
agents ...........................................................


$1,3109,822 45
32,664 37
536,190 74
67,099 82