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QUARTER OF A MILLION

Recently notice was given in tho House of the Government's intention to reduce . premiums to policyholders ia the State Fire Office by 15 per cent., this being to a certain extent in conformity with the objects of the State Fire Office when it was inaugurated, and a few days later, at a meeting of the Underwriters' Association, it .was decided that insurance companies should fall into line. A prominent insurance man, speaking to a " Post" reporter to-day, remarked that the effect of tFdsa reductions would probably mean a saving to the general public of something between a quarter of a million and £280,000 per year, thus leaving Hiat amount free " for ' investment and employment in other directions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19230807.2.24

Bibliographic details

Evening Post, Volume CVI, Issue 32, 7 August 1923, Page 2

Word Count
121

QUARTER OF A MILLION Evening Post, Volume CVI, Issue 32, 7 August 1923, Page 2

QUARTER OF A MILLION Evening Post, Volume CVI, Issue 32, 7 August 1923, Page 2