THE GOVERNMENT LIFE INSURANCE DEPARTMENT (PURELY MUTUAL) > ANNUAL REPORT AND ANNUAL BONUS DISTRIBUTION. RECORD SURPLUS After further strengthening the Reserves a record divisible surplus of 8190.500 is disclosed by the 1927 Actuarial Investigation. . This sum has been distributed to policyholders in the shape - of reversionary bonus amounting to Bonuses which are now allotted annually have INCREASED from 50 to 100 per ceat. iii the last SEVFN- jfejtrs. '■ PROGRESS OF THE DEPARTMENT Sum Assured in Force (excluding Bonuses) Annual Ineomh. Assets. £ £ £ 1918 13,257,082 054,310 5,480,570 1921 15,721,088 755,519 0,015,080 1924 17,190,783 854,591 . 0,050,905 1927 19,303,916 . . 987,320 7,513,032 CASH SURPLUS DIVIDED 1918-1920 72,509 1921-1923 V ; 105,854 1924-1926 143,454 1997 190,500 ALL FUNDS ARE INVESTED IN THE DOMINION. ALL PROFITS ARE SHARED BY POLICYHOLDERS. Conserve your own and the national wealth by insuring with YOUR NATIONAL OFFICE, A. E. ALLISON, Commissioner, } Head Office: Wellington. H. L. RYAN, District Manager, Nelson.
Countryman (to workman, wlio is putting up telegraph wires through that part of the country for the first time): “We'll, I’ve seed a good many things in my toime, but I’m jiggered if that ain’t the highest fence as ever Oi clapped eyes on.”
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Bibliographic details
Nelson Evening Mail, Volume LXI, 6 August 1928, Page 2
Word Count
191Page 2 Advertisements Column 3 Nelson Evening Mail, Volume LXI, 6 August 1928, Page 2
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