166 BRITISH LIFE ASSURANCE, 1914-1918 
XIV. CONCLUSION 
In Chapter I a comparative table showing the total business 
of the Companies at quinquennial intervals was given; and 
in Chapter XI a similar statement of total assets. Below are 
shown the corresponding figures for 1920, the last two items 
of the previous statements being here repeated for purposes of 
comparison. 
Business 
Year 
1908 
1013 
1920 
Number 
of 
policies 
2,746,202 
3,179,494 
4.156.760 
Ordinary 
Assurances 
Sums assured 
and 
bonuses 
767,644,459 
854,982,788 
1.063.028.2336 
Number 
of 
policies 
28,641,525 
37,556,248 
419.519.4773 
Industrial 
Assurances 
Sums assure 
and 
bonuses 
285,807,599 
428,600,925 
635,744,433 
Annuities 
(immediate and 
deferred) 
Number! Amount 
of per 
rontracts’ annum 
62,333 
80,946 
94.419 
L 
2,758,022 
3,181,933 
3.800,139 
ToTalL ASSETS 
Year 
1908 . . . . 
1913. . . 2 
1920 
£ 
429,298, 88¢ 
530,111,661 
733.898.367 
These figures should certainly give satisfaction and encourage- 
ment to all who are interested in British Life Assurance. It 
smerges from the ordeal of war with an increasing ratio of pro- 
gress in every direction. 
The striking advance in the results in 1920 is no doubt in 
large part due to the great increase of business during the last 
two years of the period, dealt with in Chapter V. In con- 
templating the future it must be borne in mind that a large 
number of men who would in the ordinary course have assured 
their lives, and so taken place among new entrants for some time 
yet to come, fell in action. This must tell on the results of 
approaching years; but the recuperative power which has