A SUCCESSFUL YEAR
QUEENSLAND STATE INSUBANCE. (Eeceived 4th November, 2 p.m.) BRISBANE, This Day. The tenth annual report of the State Insurance Commission, tabled in the Assembly, stated that the premium income of all business last year totalled £496,556 compared with £454,417 the previous year. After consistently declaring bonuses since the first valuations in December, 1920, the actuary is able to recommend bonuses of 24s on 'with-profit' policies, and 36s on 'whole-of-life' policies. The report claims that the history of no life insurance office in Australasia records such progress. In the workers' compensation department the profit for the year, with subsidy, totalled £83,975, but in the miners' phthisis section there wag a loss of £49,799, despite a further subsidy of £20,000 from the profits of the ordinary workers' compensation account.
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Evening Post, Volume CXII, Issue 109, 4 November 1926, Page 12
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130A SUCCESSFUL YEAR Evening Post, Volume CXII, Issue 109, 4 November 1926, Page 12
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