14 MAY 1927, Page 47


The annual Report of the Equitable Life Assurance Society, or, as it is more familiarly known, the " old Equitable," shows continued progress in the company's business. For last year the aggregate amount. of new business was £827,749 against 17'74,M. In contrast to the general experience of Insurance °ffiees, the Equitable appears to have issued more single Premium policies last year, the total amounting to £82,555 against £51,284. The expense ratio was only 6.65 per cent. of the premium income.