7 APRIL 1928, Page 32

EMPLOYERS' LIABILITY.

At the recent annual meeting of the Employers' Liability Assurance Corporation, the Chairman was able to place very satisfactory figures before the meeting. The amount trans- ferred from underwriting represents a credit balance of £843,505 compared with £241,619 a year ago. The bulk of the improvement, said the Chairman, was derived from their American business and the company was looking forward with confidence to a further increase in 1928. The general account showed a large increase of premium and the fire account also was satisfactory. The Chairman referred in favourable terms to the results of the purchase a few years ago of the shares of the Clerical, Medical and General.