19 MAY 1939, Page 48

LICENCES AND GENERAL INSURANCE

Among those life-insurancr. offices which have shown con- tinuous progress through the difficult times of 1938 must be counted the Licences and General Insurance Company. The Hon. Reginald Parker announced at the meeting last week that both the number of policies issued and the Life Fund showed substantial increases. He also disclosed that the evidence so far available points to a continuance of that increase in 1939. Mr. Parker did not confine his optimism to the life depart- ment. He is advised that better results may be expected from the 1938 and 1939 years of marine underwriting, and he looks for a fall in the claims ratio of the motor department during the present year.