BEST'S INSURANCE REPORTS—FIRE AND, MARINE.   53

BRITISH

CROWN ASSURANCE CORPORATION, LTD., Traders Bank Bldg., Glasgow, Scotland.

GENERAL REVIEW.

History.— This company was incorporated in Scotland in March, 1907, and has £500,000 authorized capital. At last advices £250,000 had been subscribed and £100,000 paid in in cash.

It is not transacting any business in the United States, but during 1911 it entered Canada and is now licensed in every Province except Quebec. At last advices it had de-posited in Canada $155,000 for the protection of policy-holders.

Management and Reputation.— Under an agreement

made May ' 29, 1918, between this company and the Eagle. Star and British Dominions Insurance Company, Limited, of London, the latter acquired control of the former, and policies of the " British Crown". will carry the guarantee of the Eagle. Star and British Dominions Ins. Co., a large and reputable institution. The head office for Canada of both companies, is in Toronto. under the management of J. H. Riddel, assisted by E. C. Johnson.

Its statement as of December 31, 1919, was not received in time to be included in this report. Further information will be furnished upon request.

BRITISH CROWN HAIL UNDERWRITERS, LI\IITEI),
36 Canada Life Bldg., Regina, Sask.

GENERAL REVIEW.

History.—This company was formed in 1918 and is a subsidiary of the British Crown Assurance Corp., of Glasgow, Scotland, which company is owned by the Eagle, Star & British Dominions Insurance Co., of London, England.

Its subscribed capital is $200,000, of which $35,000 has been paid in.

The company is incorporated under the provincial government of Saskatchewan to write hail and fire insurance. It is at present transacting a hail business in that Province and in the Province of Alberta, where it is also licensed.

The par value of the shock is $100 per share.

Management and Reputation.— fihe manager of the company is Mr. William A. Smart, who also acts as Canadian manager of the hail department of the Eagle, Star & British Dominions Insurance Company, a large and reputable institution, which guarantees all policies of this company.

The president of the company is D. W. MacLennan, Lon-don, England, late general manager of the British Crown Assurance Corp., Ltd.

The vice-president is J. H. Riddel, Toronto, Canada,

Canadian manager for the Eagle, Star & British Dominions Insurance Co., Ltd., and the British Crown Assurance Corp., Ltd.

As of December 31, 1918, it had: Totol assets, $93,032; total liabilities, $5,092; capital paid in, $35,000; surplus, $52,940.

Class of Business Written.—Hail insurance.

Territory.— At last advices it was licensed in Alberta and Saskatchewan.

Directors.— (At last advices.)

MacLennan, D. W., president of the company.

Riddel. J. H., vice-president of the company.

Rattray, 1C. J., manager loan department, Canada Life Assurance Co., Regina.

McKay, A., chartered accountant. Dundee, Scotland. Branch Office.— A branch office is located in the Beveridge Building, Calgary, Canada.

The company's complete statement as of December 31, 1919, was not furnished us in time to be included in this report. Further information will be furnished upon request.

BRITISH NORTHWESTERN FIRE INSURANCE COMPANY,   I 505 Paris Bldg., Winnipeg, Can.

GENERAL REVIEW.

History.— This company was incorporated under the laws of Manitoba in 1906, with an authorized capital of $500.000 (par value $40). The present title was adopted

early in 1909, and the authorized capital was increased to $2,000,000.

On December 31. 1910, $306,640 had been subscribed, and 4,50,240 paid in in cash. During 1911 the paid-in capital