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FARMERS’ INSURANCE.

STATEMENT OF ASSOCIATION.

In the latest Gazette, under the provisions o£ the Mutual Fire Insurance Act, 1908, a synopsis of the business of the Taranaki Farmers’ Union Fire Insurance Association, as on March 31, 1921, is published as follows: — ASSETS.

£ s. d. Cash on hand and in bank 4,963 15 9 Investments on mortgage 4,200 0 0 Investments in Government bonds 3,766 0 0 Outstanding on premium notes 46,189 12 8 Other assets 1,510 12 6 £60,630 0 11 LIABILITIES. Losses incurred during ' year .. .. '.. 1,888 12 10 Other existing claims 1,634 7 5 Policies in force .. ..872,593 0 0 - £876,116 0 3 INCOME. Premium notes .. .. .. 5,897 3 6 Interest received .. .. 485 4 0 Income from other sources 9 15 0 £6,392 2 6 EXPENDITURE. Losses paid 1,888 12 10 Expenses 1,409 4 10 Reinsurance t\ 319 0 11 Other payments 1,116 16 2 £4733 14 9

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19210803.2.3

Bibliographic details

Thames Star, Volume LVII, Issue 14726, 3 August 1921, Page 2

Word Count
148

FARMERS’ INSURANCE. Thames Star, Volume LVII, Issue 14726, 3 August 1921, Page 2

FARMERS’ INSURANCE. Thames Star, Volume LVII, Issue 14726, 3 August 1921, Page 2

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