Government Insurance Department

Hastings Standard, Volume XII, Issue 4131, 16 April 1909, Page 2

Government Insurance Department

PER PRESS ASSOCIATION. * Wellington last night—The tu enuial actuarial investigation of the Government Insurance Pepartment having been firisheri at an even earlier date than usual bonus cerfei- ' ficatas are now being posted to policy holders. After making a snbsfcantial reserve there was a cash surplus of £192,430 for distribution, being sufficient to provide a general increase in individual bonuses,Jwhich range from £1 to £1 lis per cent per annum of the sum assured according to the standard* of the policies. The total bonus 'additions made on this occasion to the sums assured at death or maturity, amount to j £316,742.