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The Cyclopedia of New Zealand [Canterbury Provincial District]

Marine

Marine.

Alliance Marine And General Insurance Company, Ltd. This office, which does marine and general insurance business, was established in 1824 in conjunction with the Alliance Assurance Company, Lord Rothschild being president of each company. The directors are also prominent business men. The assets of the company as shown in its last balance sheet were £540,521. A large marine business is underwritten in Australia and New Zealand. The New Zealand directors are Hon. J. T. Peacock (chairman), Mr. G. G. Stead (deputy chairman), and Mr. Joseph Palmer; the general manager is Mr. W. Devenish Meares.

The Marine Insurance Company, Limited, London. Head Office for New Zealand, 193 Hereford Street, Christchurch. Attorneys, Messrs Gould, Beaumont and Co. This company, which has been represented by the present agents in Christchurch since 1882, has a capital of £1,000,000, of which £180,000 is paid up. Its reserve fund amounts to £600,000, premium reserve to £380,000, and the total accumulated funds to £1,144,000. The company is represented in Wellington by Mr. R. M. Simpson, and in Auckland by Mr. J. H. Harrop.