SOUTH BRITISH INSURANCE.
► ' FIB PBHSS ASSOCIATION. Auckland, October 10. j South British Insurance Company's annual meeting to-day, the ■ Chainnan announced that the Company had completed the purchase of the boahun of the Equitable Fire and . Marine Company of South Africa. Premiums for the year amounted to £215,729, an increase of £7286 over last year. The losses were £3737 leas than last year, making a record for \ townees of loss ratio, namely, 60.31 per eent. After adding £4OOO to reinsurance revenue, and £36,192 carried to profit and loss account, there would be a dividend of 2s for the half-year, making 4s for the year. The report aag. accounts were adopted, and the retiring directors re-elected.
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Bibliographic details
Taranaki Daily News, Volume XXXXII, Issue 207, 11 October 1900, Page 3
Word Count
114SOUTH BRITISH INSURANCE. Taranaki Daily News, Volume XXXXII, Issue 207, 11 October 1900, Page 3
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