FIRE INSURANCE
ARE RATES TOO HIGH?
"Will the Prime Minister have an investigation made as to whether the premiums charged by fire insurance companies in New Zealand are fair and reasonable?" asked Mr. D. W. Coleman (Government, Gisborne) in a notice of question in the House of Representatives yesterday. Mr. Coleman also asked whether, if it were found that the premiums charged were too high, the Prime Minister would take steps to have relief given to policy holders. Mr. Coleman said that, according to the report to Parliament of the Inspector of Fire Brigades, the premiums collected by fire insurance companies u> New Zealand last year amounted to £948,176 and losses paid by the companies totalled £228,929. He added that the premium income in Gisborne was £20,154 and the losses paid out £2158. - '
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19410924.2.37
Bibliographic details
Evening Post, Volume CXXXII, Issue 74, 24 September 1941, Page 6
Word Count
133FIRE INSURANCE Evening Post, Volume CXXXII, Issue 74, 24 September 1941, Page 6
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.
Log in