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(NAR) VOL. 7 NO. 4 / October-December 1996

[ IC CIRCULAR LETTER NO. 18-96, October 24, 1996 ]

1995 INTEREST INCOME OF THE SECURITY FUND, LIFE AND NON-LIFE ACCOUNTS



We are pleased to inform you that the distribution of the interest income of the Security Fund, net of administrative expenses on your reassessed contributions to the Security Fund, for the calendar year 1995 shall be made on or before November 7, 1996.
ACCOUNT
GROSS
ADMINISTRATIVE
NET
 
Interest
Expenses
Interest
 
Income
Income
 
         
Life
Ps487,827.96
Ps24,391.40
Ps463,436.56
 
Non-Life
505,913.58
25,295.68
480,617.90
 
You may send over your duly authorized representative with his/her latest picture, identification card and TIN number, to pick up the corresponding check.

Please issue the corresponding official receipt and submit the same to this Commission soon after the receipt of the said check.

Please be guided accordingly.

Adopted: 24 Oct. 1996

(SGD.) EDUARDO T. MALINIS
Insurance Commissioner
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