THE GOVERNMENT INSURANCE ASSOCIATION.
(By Telegraph.) (from our ow.v c'ouuespondent.j Wellington, Sept. 2-1. It is stated that m accordance with the determination announced by Sir Julius A'ogel at, the annual meeting of the Government Insurance Association, nuw tables of premiums havo beon prepared and will be published m a few days. They will, it 13 understood, come intj force on the* Ist cf next month, and will apply to all now business after that date. They will, it is eaid, bo very slightly m advance of tho present rates, but still bo as low as rates charged by most, if not nil, of the other ollices carrying on business m the colony. Fri>m what I can gather thb step will not be a popular one among the insurers m the Government office, who think it will diminish new business, and so reduce expected profits and bonuses.
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Bibliographic details
Timaru Herald, Volume XLII, Issue 3430, 25 September 1885, Page 3
Word Count
146THE GOVERNMENT INSURANCE ASSOCIATION. Timaru Herald, Volume XLII, Issue 3430, 25 September 1885, Page 3
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