NATIONAL MUTUAL LIFE
STRONG POSITION MAINTAINED. New business written by the National Mutual Life Association for the year ended September 30, 1933, amounted to £7,577,445, being £1,027,784 in excess of that writteu for the previous year. The total income was £4,662,814, which included £3,238,307 for premiums and £1,424,507 (after deduction of rates and taxes amounting to 292,090) for interest. The total amount paid to policyholders or their representatives during the year was £3,043,708. The total assurances in force at the end of the year amounted to £85,559,573. As the result of the year ’s transactions the sum of £1,214,891 was added to the assurance fund, which amounted to £36,243,174 at the close of the year. The investment reserve fund was also added to, and now amounts to £776,244. B.wus certificates showing reversionary bonuses allotted to policies for the policy year current at September 30, 1933, will be issued in March, 1934.
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Hawke's Bay Tribune, Volume XXIV, Issue 9, 21 December 1933, Page 13
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151NATIONAL MUTUAL LIFE Hawke's Bay Tribune, Volume XXIV, Issue 9, 21 December 1933, Page 13
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