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
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Bibliographic details
New Zealand Herald, Volume LXXVI, Issue 23378, 21 June 1939, Page 9
Word Count
155EXCESS INSURANCE CO., LTD., OF LONDON New Zealand Herald, Volume LXXVI, Issue 23378, 21 June 1939, Page 9
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