QUEENSLAND INSURANCE PROFIT.
Net profit of £149,637 reported by. the Queensland Insurance Company, Limited, for the year ended September 30, compares with £142,376 in the previous" year, and £125,928 in 1941. After adding £15,000 (unchanged) to unexpired risks reserve, underwriting surplus is £68,645, against £62,583 last year. Net interest and rents amounted to £80,992, against £79,793. Steady dividend of 10 per cent, requires £75,000, and £75,000 is placed to reserve. The carry-forward is £86,236, against £86,599 brought forward.
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Evening Post, Volume CXXXVI, Issue 133, 2 December 1943, Page 3
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78QUEENSLAND INSURANCE PROFIT. Evening Post, Volume CXXXVI, Issue 133, 2 December 1943, Page 3
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