ASSURANCE PREMIUM TABLES.
-In commenting on the possibility. p£ amalgamation between two. Australian assurance companies, the ''Wild Cat" oE the Sydney ."Bulletin" remarks:—"Sorrie queer thinßS have been done in the way of insurance purchases of. recent years. For instance, one young office paid a sum running into five figures, or-thereabouts, for a block of industrial business which, one of the older offices had refused except at a heavy discount because on the premiums charged it would not be able tomake a profit out of the business. That raises the question, Who compiled the premiums? The 'Wild Cat' does not know, but it has heard of an instance where premium rates were arrived at by taking the prospectuses of the older offices and clipping 6d or Is off the rate in some of their tables. With these and otheivpossible pitfalls in the path the necessity for expert advice is obvious." '
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Evening Post, Volume CVII, Issue 22, 26 January 1929, Page 11
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149ASSURANCE PREMIUM TABLES. Evening Post, Volume CVII, Issue 22, 26 January 1929, Page 11
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