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Third-party Risks.

Certain Decreases in New Rates. Per Press Association. WELLINGTON, May 3. NOTIFICATION of the premiums payable under third-party insurance for 1933-34 will be gazetted this week, said the Minister of Transport in an interview. Mr Coates explained that existing premium rates were not subject to any increase, but that, on the other hand, there were a number of substantial decreases in respect of certain vehicles of the public passengercarrying type. The Minister added that the operating figures of insurance companies undertaking third-party business had been closely examined. The new rates were, of course, directly based on the results experience had shown in respect of the classes of vehicles to which they had referred.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19330504.2.117

Bibliographic details

Star (Christchurch), Volume XLIV, Issue 752, 4 May 1933, Page 10

Word Count
115

Third-party Risks. Star (Christchurch), Volume XLIV, Issue 752, 4 May 1933, Page 10

Third-party Risks. Star (Christchurch), Volume XLIV, Issue 752, 4 May 1933, Page 10