cover image: The Indian Insurance Year Book  1945 (Thirty-first Issue)

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The Indian Insurance Year Book 1945 (Thirty-first Issue)

1945

N. B.—The publication of a summary of an insurer's or a provident society's returns in the Year Book does not necessarily mean that the returns summarised have satisfied all the requirements of the Insurance Act or that the Superintendent of Insurance approves of the contents of the returns. [...] The following statement shows the distribution according to the mortality and interest bases of the valuations of Indian insurers received after the publiction of the last issue of the Year Book. [...] It should be remebered that national wealth is the result of the habits of thrift practised by the individuals composing the nation and exhibits itself in the financial backing given by it to the Industries and the Public Utilities of the country which provide employment and dividends for the people and taxes for the Exchequer. [...] The loading for bonus while acting as the safety valve for the business particularly during the early years of an insurer's existence provides the medium by which the ultimate cost of a policy of insurance is adjusted on the basis of the actual experience of the company and thereby metes out. [...] For apart from the financial help which the Corporation might derive out of the large funds of the insurers incidentally providing a fruitful field of investment for these funds the Corporation would secure immense technical and expert help and guidance for in the personnel of the directorate and executives of insurers who would it is expected be largely represented on the board of the pro
commerce industry
Pages
189
Published in
India
SARF Document ID
sarf.143934
Segment Pages Author Actions
Frontmatter
i-iii unknown view
Report by the Superintendent of Insurance on the Insurance Busines Carried on by Insurers and Provident Societies During the Year 1944
1-33 L.S. Vaidyantathan view
Renewal Fees
34-34 unknown view
List of Indian Insurers
35-151 unknown view
List of Provident Societies which have Made the Deposit under Section 73 of the Insurance Act 1938
152-186 unknown view

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