BIG INSURANCE MERGER
ACQI'ISITIONS BY A.l’.A. The Australian Provincial Assurant e Association Ltd., which recently purchased the Co-operative Assurance Coy’s business yielding some £-10,000 a year in Life and I’eisoiial Accident business, has now com) leled the purchase of the Life Insurance Coy of Austminis' Life and Personal Accident business producing approximately £llO. (it):I yearly. The acquisition of these t"o companies is a mo-t forward sic ami "ill give great satisfaction to Shareholders and J’olicv holders alike. The giant strides made by this vigorous and progressive institution have been made the subject of much favourable comment. The record of the Australian Provincial Assurance Association Ltd., stands out most prominently as one of the marvels of Modern Insurance. Its potentialities, judged by its vigorous growth, will compel older companies to look- to their laurels if this well-known toy., is not to surpass them in the vigour of its growth and its hold on the confidence of the public-
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Hokitika Guardian, 11 June 1924, Page 2
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157BIG INSURANCE MERGER Hokitika Guardian, 11 June 1924, Page 2
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