Financial Notes
SOME INSURANCE RESULTS.
WITH the promptitude which usually characterizes the Insurance companiei, the year has scarcely turned before a number of companies have announced their results, either as regards the volume of business transacted during the past year or as regards dividend or bonus announcements. It has manifestly been a year of great activity in the Insurance world, and, as will be seen from the particulars which follow, several companies established fresh records as regards new business. Just before the end of the year the Directors of the Liverpool and London and Globe Insurance Co. announced that they had again declared interim bonus rates for the ensuing year, on policies entitled to participate and becoming claims by death or maturity, of 45s. per cent. per annum on whole-life policies and 40s. per cent. per annum
for endowment assurances. These rates are at the same good level as those declared in respect of the quinquennial valuation period ended on December 31st, 1933. It is evident, therefore, that the Board has confidence in the continuance of the strength of the Company's profit-earning capacity, in spite of the much lower rates of interest now obtainable on high-class investment stocks.
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