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NATIONAL MUTUAL LIFE

As a result of the transactions of the National Mutual Life Association for the year ended 30th September. 1938, the sum of £1.583.603 was added to the assurance fund, which amounted to £44.158.325 at the close of the year. The investment fluctuation reserve fund now amounts to £1,335.000.

The total income for the year was £5.801.953, which included £4,034.407 for premiums and £1.767,546 for interest (after deduction of rates and taxes).

Policyholders or representatives received £3.602.888 from the Association during the year. The total assurances (excluding bonus additions), in force at the end of the year amounted to £111,027,800. <

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19381222.2.39

Bibliographic details

Nelson Evening Mail, Volume LXXII, 22 December 1938, Page 5

Word Count
102

NATIONAL MUTUAL LIFE Nelson Evening Mail, Volume LXXII, 22 December 1938, Page 5

NATIONAL MUTUAL LIFE Nelson Evening Mail, Volume LXXII, 22 December 1938, Page 5