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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Bibliographic details
Otago Daily Times, Issue 18687, 17 October 1922, Page 6
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87SOUTH BRITISH INSURANCE COMPANY. Otago Daily Times, Issue 18687, 17 October 1922, Page 6
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