6 279 Reliance Marine Insurance Company
Report of the Superintendent of Insurance of the Dominion of Canada © 1896
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FIRE AND INLAND MARINE INSURANCE COMPANIES.
281
THE RELIANCE MARINE INSURANCE COMPANY (LIMITED).
STATEMENT FOR THE YEAR ENDING 31ST DECEMBER, 1896.
ChairmanWm. BLAIN.
UnderwriterJos. PEMBERTON.
SecretaryW. B. BROADBENT.
Principal OfficeLiverpool, England.
Agent in CanadaE. L. BOND.
Head Office in CanadaMontreal.
(Incorporated, 1880. Commenced business in Canada, 1st November, 1894.)
CAPITAL.
Amount of capital authorized and subscribed for
500,000
Amount paid up in cash
100,000
ASSETS IN CANADA.
Stocks and bonds held by the Receiver General :
Par value.
City of Winnipeg bonds
s 19,000 00
City of Quebec bonds
14,600 00
City of Montreal bonds
9,246 66
…………………. . . . .
City of Toronto bonds
14,600 00
.
………………..
City of London, Out., bonds
4,866 67
Province of Manitoba bonds
4,866 67
Province of Quebec bonds
14,600 00
……………….
..
. . . . . . . .
..
Queensland inscribed stock
4,866 67
Victoria inscribed stock
14,600 00
…
.
……………………….
. .
India 3 per cent stock
9,733 33
Total
8 110,980 00
Carried out at par value
$ 110,980 00
Agents’ balances in Canada
7,252 79
Total assets in Canada
$ 118,232 79
LIABILITIES IN CANADA.
Net amount of inland marine losses reported or supposed but not claimed. …8 23,238 12
Total amount of unsettled claims
23,238 12
Reserve of unearned premiums for all outstanding risks in Canada
631 88
Balance due agent by head office
694 06
Total liabilities in Canada
$ 24,564 06
INCOME IN CANADA.
Gross cash received for premiums
$ 36,341 51
Deduct return premiums
729 37
.
………………
.
Total income in Canada
$ 35,612 14
