Re: norwich union wth profits reattirbution




"biggirlsblouse" <big.girl@xxxxxxxxx> wrote in message
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"Tim" <me@xxxxxxx> wrote in message
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"biggirlsblouse" wrote
...
Can anyone tell me why this considerable fund should be
"reattributed" (stolen and given to shareholders possibly) ...

"Stolen" from whom?
Who do you think it belonged to before?

It belongs to the withprofits policyholders to which it would have
provided a fair bonus instead of the poultry returns we have all had...and
still continue to have..of course leaving enough for the fund to operate
in bad times for the "smoothing effect" and return to the company (and the
shareholders, of which by the way I am one) a fair and reasonable profit,
not taking it away to "develop future business". That what the normal
profit is for.
Sorry...spelling mistake...that should be paltry...not poultry. I am hungry
and about to eat a chicken salad!


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