A.M.P. YEAR
*19,000,000 OF NEW BUSINESS A total of £19,491.831 of new business was written lip by the Australian Mutual Provident Society for the year pnded December 31, 1929. This shows a n increase for the year, allowing tor Policies cancelled. expired and not renewed, of £10.996,383. , The directors’ report, to be presented to the annual meeting in Sydney this indicates that the society has bad another very satisfactory year. In the ordinary department expenses of Management, including commission, but excluding taxes and gratuity to *taff and agents, was 11.7 per cent, of the premium receipts (excluding purchase monev of annuities). The rate cf interest realised on mean hinds held by the society was £5 1 43 *d per cent.
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Bibliographic details
Sun (Auckland), Volume IV, Issue 942, 8 April 1930, Page 11
Word Count
120A.M.P. YEAR Sun (Auckland), Volume IV, Issue 942, 8 April 1930, Page 11
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