NEW ZEALAND INSURANCE COMPANY.
\ SUCCESSFUL YEAR. AUCKLAND, February 5. The report and balance-sheet of the New Zealand Insurance Co., Ltd., for the year ending November 30th last, shows that the year's operations have resulted in a surplus of £91,416. Out of this sum the directors recommend the payment of a dividend of 2a per share, making 10 percent. for the year; £60,000 to be-placed to the reserve, and a balance of £21,674 to be carried forward. The net income derived from premiums, interest and rents amounted to £66°.,759, whilst the capital reserves and undivided profits are stated at £696,674, after providing for the dividend recommended by the directors.
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Wairarapa Age, Volume XXXI, Issue 9048, 6 February 1908, Page 5
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108NEW ZEALAND INSURANCE COMPANY. Wairarapa Age, Volume XXXI, Issue 9048, 6 February 1908, Page 5
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