THE SOUTH BRITISH INSURANCE COMPANY.
(by TELEGRAPH.) Auckland, April 12,
Tire fifteenth half-yearly meeting of the South British Insurance Company was held this afternoon. The report states that the income for fire and marine premiums has been L 61,385 14s. 5d.; from investment, L 5,823 10s. 5d.; and from transfer fees, L 5 55.; making a total of L 67.214 Os. Bd., to which has been added L 4,051 9s. 9d., brought forward from previous half-year. The total expenditure has been —Fire and marine losses paid and outstanding, L 3,909 15s. Bd.; re-insurance, L 14,436 195.; and, with L 5,000 dividend paid, makes a total of L 63,922 165., leaving a balance of L 7,343 3s. 5d., from which the directors recommend the payment of a dividend at the rate of ten por cent, per annum.
Permanent link to this item
THE SOUTH BRITISH INSURANCE COMPANY., Ashburton Guardian, Volume 1, Issue 86, 13 April 1880
THE SOUTH BRITISH INSURANCE COMPANY. Ashburton Guardian, Volume 1, Issue 86, 13 April 1880
Using This Item
See our copyright guide for information on how you may use this title.