STATE FIRE INSURANCE
SUCCESSFUL YEAR'S OPERATIONS.
Last year was the most successful in the history of the State Fire Insurance Office. The gross surplus for the year amounted to JliO.GlO, of which £13,923 had to 1)0 paid in income tax on thel9lo mofits leaving a net surplus of -426,686. I lie assets at tie end of 1911 amounted to £208'"0; as compared with ilb.uau at .the oiul of 1916. The total sum fissured was .£22,000,C00, and the ratio of loss to piemium income was 32 per cent. The income of the office from all sources in 1917 was i! 91,350. Ihe premium income was XPa,32l, and the* net losses were ,£27,302.: The ratio of. diking expenses tn iiremnim income in 1916 was 27.7, and in 1917 2/.5.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19181030.2.23
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 12, Issue 30, 30 October 1918, Page 4
Word count
Tapeke kupu
127STATE FIRE INSURANCE Dominion, Volume 12, Issue 30, 30 October 1918, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in