THE CHINA-MAIL, MARCH 15, 1938.
R.E.S. WYATT DECLINES TO SAY! INVITED TO PLAY WEST COAST LIFE GROWTH
FOR SURREY?
New pre-
The West Coast Life Insurance to U.S. $118,105,902. Company recorded substantial miums totalled U.S.$707.204.19, gains during 1937, which proved showing an increase of 6.8% over another milestone in its continued the previous year. Total premiums,
Ex-Warwickshire Skipper steady growth, states the manager new and renewal, were US$4,170,
On His Plans
London, February 10. "I have not been invited to play for Surrey," said R. E. S. Wyatt, the former Warwickshire captain, yesterday as he disembarked at Victoria Docks with the rest of Sir Theodore Brinckman's team who have been touring the Argentine.
for China of West Coast Life, in 816:28, showing an increase releasing the financial statement US $129,464.68 or 3.2% over the for the year ended December 31,previous year.
1937.
MORTALITY RATE LOW: Admitted assets total U.S.$23,
The rate of morality experienced 885,723.28, an increase for the by the Company was the lowest for rear of U.S.$1,221,053.94 Bands, many years past, being 1447% of cther than those carried under the expected. amortisation values, are entered in Disbursements to the company
Wratt explained that his appearance for Surrey was not in the the statement at market or less policyholders during 1937, first place a question of invitation.
The company's holding of stocks. Is clusive of policy loans, total U.S.- No invitation can be extended until I ask to play for the total assets, and the market value death claims, U.S.$349,549 matur- small, being only 3.71% of the $2,364,091, mcluding US$812,182 county," said Wyatt, "and I cannot say if and when I shall make as of Decomber 31, 1937 of these ed endowments, U.S.$293,292 divi- up my mind. It depends on circumstances. I have been away so stocks was U.S.350,700.93 greater dends to policyholders, US$105, long that the whole position needs consideration."
than the book value at which they 108 accident and disability claims are entered in the statement
When it was pointed out to, him that the Warwickshire club, who have appointed Peter Cran- mer captain in his place, recently expressed the hope that he would assist them again, Wyatt said he had not seen the report, and declined to say whether it would affect his plans.
of
and US$803,660 cash values. Since RESERVES INCREASED organisation of the company in The total
capital stock-sur-1906 the amount of benefits dis plus
and
contingency reservejtributed în cash to policyholders amounts to US$1,372,256,62, and their beneficiaries total US- which is additional protection for 240,220,161-
policyholders The total earnings Requests for surrenders and for the year were US$230,396.37 policy loans have been the lowest Of this amount U.S.837,500 was for many years past, and sub- and with his right foot heavily paid in dividends stockholders dur-stantially lower than the previous Maurice Tate, the former Sus-bandaged. Tate's drawn features ing the rear, and U.S.$17,617.41 year, which is indicative of
and England all-rounder, showed evidence of the ordeal hejadded to surplus. came off the boat using a crutch had undergone from septicaemia. The insurance in force increased business conditions.
sex
con-
ftinued general improvement în
WEST COAST LIFE
INSURANCE COMPANY
SAN FRANCISCO, CALIFORNIA
FINANCIAL STATEMENT, DECEMBER 31, 1937
ADMITTED ASSETS
LIABILITIES
First Mortgage Loans (secured by Real
Estate)
US$ 6,019,476.27
First Mortgage Loans (secured by Real Estate Insured under Title II of the National Housing Act)
4,285,408.76
Bonds
3,098,603.93
Stocks (market value $936,322,85)
885,621.92
Policy Loans (within reserve)
Reserve on All Outstanding Policies. Reserve for Death claims reported Interest and Premiums Paid in Advance
Reserve for Taxes Payable in 1938
Sundry Liabilities
US$21,69
198,602.47.
204,671.58
43,109.54
145,737.98
5,338,687.55
Home Office Building and Other Real
Estate
2,539.959.34
Collateral Loans ....
89,744.52
Net Premiums Outstanding and Deferr-
Reserve for Policyholders' Dividends Contingency Reserve for Investments Capital Stock
222.491.84
330,000.00
$375,000.00
ed (secured by legal reserve) Interest and Rents dre and Accrued Cash in Banks, in Office and in Transit Other Assets
812,189.50
Unassigned Surplus
667,256.62
147,020.36
SURPLUS
505,450.70
FUNDS FOR PROTEC- TION OF POLICYHOLDERS
163,560.43
US.$23,885,723.28
1,042,256.62
U.S.$23885,723.2
TOTAL ‘ADMITTED ASSETS
Business in Force increased to
New Premiums
Increase of
Total Premiums received
Increase of
Total Income
Total Paid Policyholders to date
TOTAL
US$118,105,902.00
707,804.19 6.8% 4.170,816.28
3.2% 5,498,89846 40,220,160,74
WEST COAST SERVICE, IN ADDITION TO THE REGULAR BUSINESS, EMBRACES JUVENILE POLICIES,
PENSION BONDS, RETIREMENT ANNUITIES, GROUP LIFE INSURANCE AND COMBINATION ACCIDENTAL
DEATH AND DISMEMBERMENT INSURANCE.
Agencies in Principal Cities Throughout Chína ARNOLD DEWAR, Manager for China.
Hong Kong Branch Office, 6th Floor, Holland House
Branch Manager -GER DIVETT
Tel 31513