OjVER THREE MILLIONS STEELING DISTRIBUTED AS CASH BONUSES.
AUSTRALIAN MUTUAL PROVIDENT SOCIETY.
79TH ANNUAL REPORT, 1927. THE MOST SUCCESSFUL IN THE HISTORY OF THE SOCIETY. FURTHER RECORDS CREATED. ORDINARY DEPARTMENT. NEW ASSURANCES . . . . . . £15,397,523 ASSURANCES IN FORCE WITH BONUSES . £197,283,354 AMOUNT PAID TO MEMBERS OR THEIR REPRESENTATIVES TO DATE (Over) . . . £54,000,000 ONE YEAR ONLY' . . . . £4.199.683 CASH BONUSES (ONE YEAR) . . £2,867,022 YIELDING REVERSIONERY ADDITIONS TO • POLICIES OF . . . . . . £4,980,000 The CASH BONUS to be distributed represents a return of 57.9 of the premiums received during the year on participating policies. Rate of Interest realised on funds maintained and expense ratio decreased as compared with previous year. INDUSTRIAL DEPARTMENT. NEW ASSURANCES . . . . . . £4,062,280 ASSURANCES IN FORCE WITH BONUSES . . £26.906,270 CASH BONUSES FOR ONE YEAR . . . . £203,491 THE TOTAL FUNDS OF THE SOCIETY NOW AMOUNT TO OYER £67,000,000. TOTAL ANNUAL INCOME (PREMIUMS AND INTEREST), £10,189,957. NEW ZEALAND BUSINESS. ORDINARY ASSURANCES IN FORCE WITH BONUSES . £39.197,204 INDUSTRIAL ASSURANCES IN FORCE WITH BONUSES . . £3.662,021 ANNUAL INCOME . . . . . . . . £1~561,579 TAKE OUT A POLICY AT ONCE AND SHARE IN THE BONUS TO BE DISTRIBUTED FOR THIS YEAR. Branch Office: WELLINGTON. F. F. McBRYDE, Manager for N.Z. AUCKLAND: District Manager. G. F. FRANCIS. New Business Agents: Messrs. Buchanan and Rankin, F. W. Boys. T. L. Caley, C. V. Garnett, R. Cochrane, E. T. Harold, J. C.'E. Kissling, J. B. Sim.
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Bibliographic details
Sun (Auckland), Volume II, Issue 336, 23 April 1928, Page 10
Word Count
217Page 10 Advertisements Column 3 Sun (Auckland), Volume II, Issue 336, 23 April 1928, Page 10
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