1936 a Year of Consolidation Rather Than Growth in Volume: Accident Account Grows SEPHE year was one of consolidation rather than growth in volume," said Mr. F. R. Smith as chairman at the seventh ordinary general meeting of the International Assurance Company, Ltd., held on June 21 at 17 The Bund.
Mr. P. R. Smith presided over the gathering representing in all 119,198, [shares and was supported by Messrs FR. Calder Marshall, Singlon issu, RPC. Master, CV. Start (director) fond itr, W. A. H. Dut, secretary, "The chairman continved:—
The most noteworthy features of the year's working are—the great improvement In the accident. account, ithe continued steady growth of the life portfolio, the increase in volume Jand profit of the marine account, and the reduced income from investments, Turning to the revenue accounts, the frst is for fire insurance,
Text read from the printed page and cleaned; old type leaves the occasional error.