In the fire account the was £521993.6d.. ments at' £20.1905.0d.. representing 38.68 per cent, of the income, are at a normal figure, The war continues to affect our fire business and in the circumstances it is gratifying to record that our fire premium figures have been well maintained, The actual amount transferred from the fire account to profit and loss for 1940 is £1,500, less than in 1939, but this is due to the reserve of £2.00 set aside to meet losses in connection with balances in enemy and enemy-occupied territories.
Text read from the printed page and cleaned; old type leaves the occasional error.