HIGHEST SURPLUS
S. BRITISH INSURANCE (Prr Pr«3s Association.) AUCKLAND, this day. “Our operations have resulted in a surplus of £128,119, the highest return we have yet been able to show, but it is no more than you have a right to expect upon steadily increasing business under favourable conditions," said Mr. W. R. Wilson, chairman of directors, at tho annual meeting of shareholders of the South British Insurance Company.
He added that business was very active in till fields. The new branches established during the past year or two were providing a profitable addition to tile premium income. An office had been opened at Alexandria, Egypt, with one of the firm’s own trained men in charge, with general oversight of operations in the Near East. Active business was still done in China and Japan. The retiring directors were reappointed.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/GISH19391026.2.44
Bibliographic details
Ngā taipitopito pukapuka
Gisborne Herald, Volume LXVI, Issue 20078, 26 October 1939, Page 6
Word count
Tapeke kupu
139HIGHEST SURPLUS Gisborne Herald, Volume LXVI, Issue 20078, 26 October 1939, Page 6
Using this item
Te whakamahi i tēnei tūemi
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. 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 the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in