RECORD IN NEW BUSINESS
NATIONAL MUTUAL'S YEAR
The National Mutual Life Association, reporting for the year ended September 30, states that new business written amounted to : £10,137,325. ' This is £1,017,719 in excess of that written for the previous.year and constitutes a!record for the association. The total ihcome.was £5,018,296, which included £3,406,869 for premiums and £1,611,426 (after deduction of rates and taxes amounting to £142,318) for interest. The total amount paid to policy holders or their representatives' during the year was £2,924 349. The total assurances in force at the end of the - year amounted to £93,752.683.
As the result of'the year's transactions, the. sum ,of £ 1,619,258 was.' added to the Assurance Fund, which amounted to £39,161,123 at the closed of jthe year: The investment reserve: fiind^Vas also added to and now amouftts-vto £1.115,161. '■ ."■■-..- ■■: ■>;'^. '■''!■-Q Bonus certificates showing reversi6nary bonuses allotted to policies fdr.; the year current at' September '.30,' '1935, will be issued in March', 1936.- r - ;-
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19351220.2.118.7
Bibliographic details
Evening Post, Issue 149, 20 December 1935, Page 10
Word Count
157RECORD IN NEW BUSINESS Evening Post, Issue 149, 20 December 1935, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.