FIRE INSURANCE.
ANOTHER COMPANY STEPS IN
EXTENSION OF OCEAN ACCIDENT CO.
[Press Association.]
WELLINGTON, August- 3. Another development lias come to hel-n first insurance to continue to bo a • burning topic” of the day. Al- - ready the public had the possibility ot increases in tlie rates charged by the State and private companies. Now arrives the news that the Ocean Accident and Guarantee Corporation to step into .the fire arena and bid tor business throughout'New Zeala”“- A week ago the head office cabled to the local general manager (Mr. K. M. Montefiore), instructing him to get a fire insurance department organised in New Zealand. J hat announcement did not come as a surprise to him. He had known lor some time that the scope of the company’s operations was to be enlarged, and had prepared for the extension. Mr. Montefiore has bad i 8 years experience in the fire section of insurance. “I have everything pretty well in readiness,” he said touay, and I anticipate doing business before the end of the month.”
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Bibliographic details
Gisborne Times, Volume XXVI, Issue 2260, 4 August 1908, Page 2
Word Count
173FIRE INSURANCE. Gisborne Times, Volume XXVI, Issue 2260, 4 August 1908, Page 2
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