ixxvi. J he Review of Reviews. 



Australian Mutual Provident Society 



PHLNOMENAL PROGRESS. CONTINiJED SICCESS. 



The eSrd Annual Report Just Issued Discloses 



An Excess of New Business for the Year 1911 



Over that for the Previous Year of Nearly 



ONB ]\IIJLL,ION STBHI^ING. 



Reserves Considerably Strengthened. Surplus Largely Increased. 



New Assurances Effected for 1911 ... ^16,219,979 



(Ordinary' Department) 



Accumulated Tiands ... ...^28,490,568 



Annual Income (nearly) ... ... &3,750,000 



Cash Bonus Allotted for One Year, 1911 ^879,141 



Representing 38.9 per cent, of the participating Assurance Premiums received 



during the year, and 



Producing Reversionary Additions of £1,550,000. 



Notwithstanding the increase in the stringency of the basis of vahiation, 



and the addition to the Reserve for contingencies, the cash surplus 



allotted is, both as regards the actual amount and the percentage on the 



Premiums, in excess of that of last year. 



IN THE liMDUSTRIAL DEPARTtViENT 



27,084 New Policies were issued, assuring ^'''^''.SoV, at Premiums amounting to 



^62,880 per annum, and the Annual Income now reaches ^l(i2,7,Sl. 



A Bonus will be allotted to participating Policies in this Department five years and 



over in force as at 31st December, 1"11. 



RICHARD TEECE, f.l.A., f.F.A., E.S.S., General Manager and Actuary. 



n. W. APPtlUY, Secretary. 

 Head Office: 87 Pitt Street, Sydney, 2nd May, 1912. 



