THE NATIONAL MUTUAL.
(FSB FBBSS ASSOCIATION.)
WmHNQXON, This Day. Tho Secretary of the National Mutual baa received the following cable from Melbourne The 83nd annual meeting wa» Mid in Melbourne to-day. The
chairmad proposed the adoption of the report and balance-sheet which showed that during the year 6000 new policies assuring £1,367,000 were issued, premiums amounting to £55,000 the record for new business for the association. The revenue from all sources now exceeds half a million. The rate of interest earned was £4 16s 7d per cent, and was more than sufficient to pay the whole of the death claims. Notwithstanding the large amount of new business the expenses of management show a substantial decrease. The assurance fund now stands at over £3,265,000. The actuary is now engaged making bonus valuations.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/GEST19011223.2.20
Bibliographic details
Ngā taipitopito pukapuka
Greymouth Evening Star, Volume XXXI, 23 December 1901, Page 3
Word count
Tapeke kupu
131THE NATIONAL MUTUAL. Greymouth Evening Star, Volume XXXI, 23 December 1901, Page 3
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in