Article image
Article image
Article image
Article image

EXCESS INSURANCE CO., LTD., OF LONDON

The directors lifivo submitted their forty-lift li tiniiiial report, together with tin; audited balance-sheet as lit December Ml, 19.'iW. The underwriting accounts lor tlio year show tlint. the premium income nmounled to £075.564 I.ls od and the claims paid to £193,062 Is 2d. the ha In nee of £182.502 12s .'id is carried forward, the total assets now amount to £2,215.395). Profit and Loss Account After appropriation of £IO.OOO to writing-down the.book value of investments and of £IO,OOO to income tax and national defence contribution reserve, the balance available is £">0,127 lis .Od, out of which it is proposed to pay a final dividend of G.J per cent.. .less tax, which, with the interim dividend of 5J per cent, less tax, paid in October last, makes a total of 1] per cent,', less tax, .for, the year. The' Attorneys for Now Zealand are and Company, Limited., Yorkshire House, Auckland.—P.B.A

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19390621.2.22

Bibliographic details

New Zealand Herald, Volume LXXVI, Issue 23378, 21 June 1939, Page 9

Word Count
155

EXCESS INSURANCE CO., LTD., OF LONDON New Zealand Herald, Volume LXXVI, Issue 23378, 21 June 1939, Page 9

EXCESS INSURANCE CO., LTD., OF LONDON New Zealand Herald, Volume LXXVI, Issue 23378, 21 June 1939, Page 9