Page 12 Advertisements Column 5

Auckland Star, Volume LIX, Issue 190, 13 August 1928, Page 12

mmmmmmm iiiHwwmiiiiiiuiwiriiwniMiHiiiuminiWßiimiiiiniwiiiiiwiiwMiimiimtiiiiwiiwiMwqiniwwwMtMHniiwMWßwtlnlllill^jilj^llljyi IHE GOVERNMENT LIFE INSURANCE DEPARTMENT 1 (PURELY MUTUAL). I ANNUAL REPORT & ANNUAL BONUS DISTRIBUTION J RECORD SURPLUS. After further strengthening the Reserves a record divisible *ur- 1 plus of £190,500 is disclosed by the 1927 Actuarial Investigation. i This sum has been distributed to policyholders ;n the shape of 11 reversionary bonus amounting to £305,484. Bonuses which are ! now allotted annually have INCREASED from 50 to 100 pep cent H in the last SEVEN YEARS. |S PROGRESS OF THE DEPARTMENT. | Sum Assured in Force i (excluding Bonuses). Annual Ineomc. Assets 191S .. .. £13,257,682 £684,316 £6,480,570 1921 .. .. £16,721,088 £756,519 £6,015,086 1924 .. .. £17,190,783 £854,591 £6,650 906 1927 .. .. £19,303,916 £987,326 £7,613,632 I CASH SURPLUS DIVIDED. Period ending Average Yearly I 31st December. Prollts Divided. I 1918-1920 £72,669 I 1921-1923 £106,854 1924-1926 £143,454 1927 £190,500 I ALL FUNDS ARE INVESTED IN THE DOMINION; ALL PROFITS ARE SHARED BY POLICY HOLDERS. CONSERVE YOUR OWN AND THE NATIONAL WEALTH BY INSURING WITH YOUR NATIONAL OFFICE. A. E. ALLISON, Commissioner, Head Office, Wellington. I R. S. LATTA, District Manager, Auckland.

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