The Indian Insurance Year Book 1942 (Twenty-Eighth Issue)

Sometimes the impracticable promises of the management are supported by resolutions of shareholders but the real point usually is the great discontinuity between the actual performance of the immediate past and the promises of the resolutions ; it is that discontinuity that should suggest the inherent unreliability of reading the future on the basis of such promises or resolutions alone. [...] The minority of insurers whose particulars come in only at the fag end of the 15-month period if not later still constitute the weakest link of the chain 11 and there can be no prospect of a material advancement in the date of appearance of the Year Book until all insurers furnish their returns with coplete particulars well before the expiry of the maximum time allowed to them under the Act. [...] Such delays are really at the bottom of the delay in the publication of the Year Book though the pressure of war-time work on the Press may be contributing a small part of the delay at the present moment. [...] He had also to set up the fairly large organisation of the Office15 of the Superintendent of Insurance almost from nothing and initiate the opertion of the various sections of the Act in a variety of cases. [...] 10 00 000 500 *This income is the premium income shown in the revenue account for that class of insrance business prepared under the Act for the calendar year 1942 in respect of the renewal of registration for the year 1944 the application and chalan in payment of the fees for which should reach the office of the Superintendent of Insurance on or before the 31st December 1943.