525
En Clair
HONG KONG TO COMMONWEALTH OFFICE (D.T.D.)
1. Unnumbered
UNCLASSIFIED
PRESS
2 October 1967
HW
021900 Attention Glover SITREP two. Hong Kong Export Credit Insurance Corporation issued policies with a total face value of one hundred and five million (repeat 105 million) dollars and assumed maximum liability of further fifty million (repeat 50 million) dollars during past three months. This brings figures up to four hundred eighty seven million (repeat 487 million) dollars and two hundred thirty eight million (repeat 238 million) dollars respectively.
In his quarterly progress report Corporation's Commissioner Mr. K.D. Robertson said to cope with
ever: increasing demand for export credit insurance corporations statutory limit for underwriting purposes was raised from three hundred million (repeat 300 million) dollars to five hundred million (repeat 500 million) dollars on August twenty third.
Mr Robertson added that Corporation's monthly premium income from business declared is now (repeat now) sufficient to cover its overheads.
•
Colony was quiet today No (repeat no) bombs were found and no (repeat no) raids were carried out between nine a.m. and six p.m.
Ends Informs.
Sir D. Trench.
DEPARTMENTAL DISTRIBUTION
C.O.
F.0.
DDDDD
H.K. Dept. I. & G.D.
News Dept.
F.E.D.
J.I.P.G.D.
J.I.R.D.
0.L.A.
O.P.A.
Sent 1916/2 October.
Recd 1200Z/2 October
в або
RECEIVED IM
ARCHIVES No.63 - 3 OCT18661
HWA'/17
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