QUEENSLAND INSURANCE
Mr.- James Burns, chairman of directors of. the , Queensland Insurance C 0.,. Ltd., told shareholders at the. annual meeting held in Sydney last week that, although the year was not -without.its anxieties and difficulties; these had not been,- as acute as during the-two previous years. Competition made it difficult to hold business, and created additional expense in following up renewals. In some centres where the company: operated, .increases in business had resulted, but these had been almost overshadowed, by shrinkages in the Eastern agencies owing to the effect of the SinoJapanese war, which had been the means of latgely curtailing business in China and its vicinities, Mi1. Burns continued. The reduction- in values of commodities covered, due to the depreciation of currencies against sterling, had; also had its influence, but, generally speaking, the business of the company had been, well maintained.
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Evening Post, Volume CXVI, Issue 135, 5 December 1933, Page 12
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143QUEENSLAND INSURANCE Evening Post, Volume CXVI, Issue 135, 5 December 1933, Page 12
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