El Dorado In Life Insurance
The enormous growth in life insurance business, always a good barometer of economic conditions, is evidenced by the experience of the Australian Mutual Provident Society. The 1936 ordinary department new business total of substantially over £5,500,000 written by the, Australian Mutual Provident Society in New Zealand alone is one of the greatest feats ever achieved since the inception of life
It is almost 50 per cent greater than all the offices, including the A.M.P., wrote in New Zealand in 1916, only 20 years previously. The A.M.P. has eight branches, six Australian,, the United kingdom and New Zealand. These branches were all operating in 1916. Yet in 1916 all these branches wrote in ordinary department new business only £ 1,109,000 more than New Zealand by itself has just written in 1936.
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Bibliographic details
Northern Advocate, 24 March 1937, Page 9
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134El Dorado In Life Insurance Northern Advocate, 24 March 1937, Page 9
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