The companies principally concerned with motor insurance have not been nea ly so well off as in other years, and this makes a very interesting topic. Ail additions {o the traffic of a place such as Shanghai increase the risk in the mind of an insurance man, and reviewing his returns—payments for accidents and the like—he has always to be making new calculations, Three or four years ago there was a.profit to be made out of this form of insurance at the rates then in force, but it has shown a steady diminution until it is doubtful whether any com-Pany can claim that 1925 has been an earning year. Some 300 additional cars were placed on the local roads during the year, and all these add to the risk. An additional premium of Tls. 10 per car which is now charged may equalize matters from the point of view of the companies concerned, but as the increase only came in during the second half of the year, the benefit to the companies has been 40 partial as to preclude the possibility of profit-making during 1925,
Text read from the printed page and cleaned; old type leaves the occasional error.