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SOUTH BRITISH INSURANCE COMPANY.

(Pbb United Press Association.) AUCKLAND, October 16. The annual report of the South British Insurance Company shows a- net premium income of £393,340. The general expenses total £279,638, and the losses £538,259. The underwriting surplus is £75,413, interest and rents £85,356, and the balance brought forward £69,801, the three last items totalling £230,570. The directors propose to transfer £35,000 to reserve, and £425 to leasehold and sinking fund, and to pay a- dividend for the year of 20d, absorbing £83,333, carrying forward £lll,Bll.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19221017.2.68

Bibliographic details

Otago Daily Times, Issue 18687, 17 October 1922, Page 6

Word Count
87

SOUTH BRITISH INSURANCE COMPANY. Otago Daily Times, Issue 18687, 17 October 1922, Page 6

SOUTH BRITISH INSURANCE COMPANY. Otago Daily Times, Issue 18687, 17 October 1922, Page 6