CALEDONIAN INSURANCE.
The report of the Caledonian Insurance Company marks the rust year of a new valuation period, and the figures are in 'very way excellent and are promising for the valuation period. Ile Company wrote net new life business last year of £1,493,222 plus £112,878 under policies connected with the Company's iwn Staff Insurance Scheme, as compared with a total of C1,472,379 retained at its own risk in 1933, which saw the completion of a triennial valuation period, when reversionary honuses were declared of 42s. per cent. per annum on sums fissured under whole life policies, and 40s. under endowment assurances. The new triennial period has started well, for the -ate of interest earned on the fund was £4 Is. 3d. per cent. Is compared with £3 14s. 7d. per cent. in the previous year.
*
Previous page
