26 MAY 1928, Page 34

* * * * INSURANCE PROGRESS.

The favourable impression produced by the annual report of the Liverpool and London and Globe Insurance Company, to which I have referred previously in these columns, as strengthened by the statements made at the recent annual meeting. The Chairman, Mr. _A :Kentish 'Barnes, pointed out that for the decade ending in 1928 the aggregate premium of British insurance companies from fire, accident and marine business rose from £75,000,000 to 1185,000,000, or about '80 per cent. During that same period the figures of the Liverpool and London and Globe rose from £5,286,000 to £10,588,000 per annum, an increase of practically 100 per cent. The Chairman also referred to the growth of instal- ment buying both here and in the States, 'a principle which he maintained &mid, be justified when the basis of the

outlay was thrifty or provident. • . '

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