71
TABLE XIV—Contd.
Statutory
Name of Company
Deposit
Required
Nature of Securities Deposited
Middle Market' Market Value
Price on 31.3.64
As at 31.3.64
Old Republic Life Insurance Co.
67,021.28
Pacific Guardian Life Insurance Co., Ltd. Pacific Life Assurance Co., Ltd.
50,000.00
200,000.00
$67,021.28 Fixed Deposit with First National City
Bank
$50,000 Fixed Deposit with Bank of East Asia Ltd. $200,000 Fixed Deposit with Banque Nationale pour
le Commerce et L'Industrie
67,021.28
50,000.00
200,000.00
Public Life Assurance Co., Ltd.
Sincere Life Assurance Co., Ltd.... Tai Ping Life Insurance Co., Ltd.
Tong Ah Insurance Co. (H.K.) Ltd.
United States Life Insurance Co. in the City
of New York Ltd.
50,000.00
$13,250 Fixed Deposit with H.K. & S. Bank, H.K. £4.900 34% War Loan, 1952 or after
***
A
200,000.00 163,157.85
50,000.00
200,000.00
$200,000 Deposit at Call with H.K. & S. Bank, H.K, $163,157.85 Fixed Deposit with H.K. & S. Bank,
H.K.
│ 4] ]
13,250.00
59 9/32
46,476.00
200,000.00
$50,000 Fixed Deposit with H.K. & S. Bank, H.K.
||
163,157.85
50,000.00
$200,000 31% H.K. Govt. Rehabilitation Loan,
1948
661
132,500.00
$70,000 Fixed Deposit with First National City
Bank
70,000.00
West Coast Life Insurance Co.
200,000.00
Wing On Life Assurance Co., Ltd.
昨
***
200,000.00
£6,875 Fixed Deposit with H.K. & S. Bank, H.K. $10,000 Fixed Deposit with H.K. & S. Bank, H.K. £5,000 31% War Loan, 1952 or after $200,000 Deposit at Call with H. K. & S. Bank,
H.K.
110,000.00
10,000.00
59 9/32
47,424.00
200,000.00
Note:
• Under the Life Insurance Corporation Act, 1956, of the Indian Legislature, the Life Insurance Corporation of India has taken over the entire business of the Bombay Life Assurance Co., Ltd. and the life insurance business of the National Insurance Co., Ltd. which, however, continues in existence as a separate entity carrying on other types of insurance business. The Life Insurance Corporation of India has been exempted from having to maintain any deposit other than the said deposits of the Bombay Life Assurance Co., Ltd. and the National Insurance Co., Ltd. which are earmarked in respect of the life insurance business of these companies. † Gross amount payable on outstanding policies at last actuarial valuation on 31.12.51.
CERTIFICATE OF THE DIRECTOR OF AUDIT
W. K. THOMSON, Registrar General, (Registrar of Companies).
23rd June, 1964.
The above List of Deposits has been examined in accordance with Colonial Regulation 257. I have obtained all the infor- mation and explanations that I have required, and I certify, as a result of this audit, that in my opinion the List of Deposits is correct.
Audit DepaRTMENT,
Hong Kong, 19th August, 1964.
D. G. BarrrON, Acting Director of Audit.
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