N.Z. INSURANCE CO.
INCOME AND LOSSES BOTH AT HIGH LEVEL TEN PER CENT. DIVIDEND DECLARED (By Telegraph—Press Association.) AUCKLAND, This Day. The 79th annual report of the New Zealand Insurance Company ■ shows premium income at the record high level of £1,359,991 and losses also a 1 a record high level of £823,852. The underwriting surplus is £85,804, compared with £83,278 in the previous year. Investment earnings are £134,869, compared with £12,559, the highest since 1931. ' Another £50,000 is added to reserves, which are now at the record figure of £1,902,624. The usual dividend of 10 per cent per annum V being paid.
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Wairarapa Times-Age, 25 July 1938, Page 6
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102N.Z. INSURANCE CO. Wairarapa Times-Age, 25 July 1938, Page 6
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