13 JANUARY 1933, Page 32
ATLAS ASSURANCE.
The directors relit that the net new Life business for 1932 amounted approximately to £2,500,000, or about £500,000 less than the corresponding figure for 1931. An interim bonus for the year has been declared at the rate of 42s. per £100 per annum, calculated on the sum assured, and existing bonuses, if any, of With-Profits policies in respect of each premium paid which fall due on or after January 1st, 1932. This interim bonus is payable on claims whether arising by death or maturing, and its cash value would be taken into account when calculating loan values and surrender values.
A. W. K.