The problem of money is actually very simple to solve. During the World War, the Military Service Society played a great role in serving the Southern African Expeditionary Force. During the four years, the Military Service Society returned various handicrafts to Southern Africa from Europe.
There are countless of them. The value of these handicrafts is currently being calculated. Once sorted, they will be classified and processed. Those with lower values will be sent to museums. Those with slightly lower values will be released for sale. By then, the financial constraints of the Ministry of National Defense will be greatly improved.
Great relief.
It's not a solution, it's just a relief.
To really solve the problem, Rock still has to think of other ways.
The approach here is definitely not that of a Southeast Asian country that allows the military to do business. Military service societies are ultimately service organizations rather than commercial organizations.
When he gets home in the evening, before dinner, Rock habitually reads the newspaper for a while to see what news is in the newspaper that day.
A piece of news in The Times caught Roque's attention. Half a month ago, a businessman in Pretoria hit and killed a man with a car. The businessman went bankrupt because the cost of compensation was too high.
.
When he saw this news, Rock suddenly realized that there was not even a decent insurance company in southern Africa.
This is not normal, so abnormal!
There is no need to emphasize the importance of the status of insurance companies, and their profitability is obvious to all. Rock called Ada when he went to work the next day to learn about the insurance industry in Southern Africa. Then he was surprised to find that the insurance industry in Southern Africa,
Basically they are monopolized by local insurance companies in the UK, the two largest being Pou Chan Group and Lloyds Insurance Company.
The Pou Chen Group was founded in 1848 and has become the largest life insurance company in the UK at the end of the last century. Life insurance in southern Africa is almost monopolized by the Pou Chen Group. Most of the companies, including the companies under Roque's name, choose
Baocheng Group.
Lloyds Insurance Company is the largest insurance company in the UK. This company is famous for its courage to underwrite any risk. In 1906, the San Francisco earthquake caused a serious fire, for which Lloyds compensated US$100 million in insurance.
In 1912, the giant British passenger ship "Titanic" hit an iceberg and sank, killing nearly 2,000 people. Lloyds paid another US$2.5 million in compensation.
As a close comrade of Rock, when Rock asked about the insurance industry in southern Africa, Ada realized that Rock wanted to attack the insurance industry again.
How could such a thing happen without Ada? As the female finance minister of Southern Africa, Ada is very aware of the money-absorbing ability of the insurance industry. Although Baocheng Group and Lloyds Insurance Company are powerful in the insurance industry, with Roque
As long as Rock thinks about his position in southern Africa, neither Pou Chan Group nor Lloyds Insurance Company together can rival Rock in southern Africa.
"No, this time I am not seeking profit for myself. I want to set up an insurance company in the name of the Ministry of National Defense to subsidize military expenditures for the Ministry of National Defense -" Rock is really not just making money for himself. Now Rock has enough money.
Even ten lifetimes can't be spent.
"Locke, are you sick?" Ada looked worried.
Rock was devastated.
"Am I that greedy in your heart?" Luo Ke couldn't believe it. This is what you call a confidante, even worse than Lao Wang next door.
Ada thought for a moment, then nodded seriously.
Rock was furious and picked up the phone to call Stoudemire.
Stoudemire was away from southern Africa and finally went to Europe to fulfill his duties.
“We surrendered the insurance from Pouchen Group in the name of the federal government, and then handed over the life insurance of all federal government employees to new insurance companies; as well as Nyasaland Motors, Nyasaland Heavy Industries, and Nyasaland Airlines,
Withdraw the car and airplane insurance from Lloyd's Insurance Company and hand it over to the new insurance company. In that case, the new insurance company can get - 13.5 million every year!" Ada was shocked after calculating the results and left.
The individual items are actually not much, but the total amount is still considerable.
This is only life insurance for government employees, and property insurance for cars and aircraft. In addition, life insurance business also includes pensions and long-term health insurance; non-life insurance business includes navigation, real estate, property, accident and health, debt risks, etc.
Wait, Ada doesn’t know how much money Pou Chan Group and Lloyd’s Insurance Company make from Southern Africa every year.
"It's done! The Ministry of National Defense will offer 100,000 rand for a 10% share. How much will you pay?" Roque must give it to his own people first if there is any benefit.
To put it bluntly, Ada's money was ultimately left to Arthur and his two sisters.
Ada gave birth to a daughter last year, who is less than one year old now.
"One hundred thousand is 10%. I also offer one hundred thousand. How much can you give me?" Ada curled her lips. Rock was really attentive to the defense of southern Africa.
"One percent." Rock's answer was just as Ada expected.
"Okay, I'll give you one million." Ada is not stingy, one percent is too much, and if it only increases ten times in ten years, she will lose money.
Rock asked Fitch to send a telegram to Stoudemire to ask if Stoudemire wanted to invest, and then he also invested one million.
Ada acted as if she hadn't seen it. This million must be for Phyllis. Roark would never favor anyone.
News that the Ministry of Defense was setting up an insurance company quickly spread throughout Pretoria.
People who are willing to invest in insurance companies immediately start investing in the Ministry of Defense.
Roque didn't have time to deal with these matters, so the new insurance company was quickly listed. It was called Nyasaland Insurance Company, and its general manager was Du Dian, deputy director of the legal department of Nyasaland Company.
Du Dian is less than 30 years old this year. His parents were killed during the Eight-Power Allied Forces' invasion of China. Christian Human Resources Company used half a bag of corn to bring Du Dian to southern Africa, where he was raised by the Nyasaland State Government.
When Dudian grew up, he graduated from the Law Department of Nyasaland University in 1910 and then worked for the Nyasaland Agricultural Company.
After the establishment of Nyasaland Company, Du Dian became the deputy director of the legal department of Nyasaland Company because of his outstanding performance at work.
The headquarters of Nyasaland Insurance Company is right next to the Cathedral opposite the Palace of Justice. The fact that the company's headquarters can be placed in this place fully demonstrates the strength and background of Nyasaland Insurance Company.
If you want to put the company's headquarters in this place, it's not enough to have money, you also need to have a strong background.
Behind Nyasaland Insurance Company is the Southern African Ministry of Defence.
"Mr. Alex, I really didn't mean to embarrass you. Now there are only 25% of the shares left that have not been sold. Just now, Mr. Christian invested 5 million rand and only got 5%."
Shares, if you also want to invest, then don't hesitate. I can guarantee that all these shares will be sold out at three o'clock tomorrow afternoon." Du Dian's smile is charming. Like many white people nowadays, he has a clean shaven beard.
Very clean and looks friendly.
Roque himself didn't know how powerful his appeal was in southern Africa.
Except for the Rhodes family, almost all of the wealthy people who have appeared in southern Africa in recent years have a close relationship with Roque. It is also because of Stoudemire's cooperation with Roque that the wealth owned by the Rhodes family is even greater.
Go up one floor.
There is no financial market in southern Africa yet. This is the first time that Nyasaland Insurance Company has publicly solicited capital. When the news spread, people who were eligible to participate almost went crazy. Christian invested 5 million rand and only received 5%.
The shares are enough to prove the capital market’s recognition of Nyasaland Insurance Company.
With the endorsement of Roque and the Ministry of National Defense, Nyasaland Insurance Company, not only to expel Pou Chen Group and Lloyds Insurance Company from southern Africa, can at least snatch Pouchen Group and Lloyds Insurance Company away in the shortest possible time.
For most of the company's business, profit is not an issue at all.
"One million is only 1%? Mrs. Capet got 10% of one million -" Alex was full of surprise. He was a businessman operating ocean trade in Whale Bay. After learning the news
I flew to Pretoria immediately, but unexpectedly I was a step too late.
Du Dian smiled and looked at Alex without saying anything.
Mrs. Capet is Ada, and Alex doesn't want to think about Ada's identity or his identity. If he hesitates again, he may not be able to buy even one percent for one million.
Just outside Du Dian's office, the general managers of Baocheng Group and Lloyds Insurance Company were waiting. They were also here to invest.
Don’t be surprised. The main way for insurance companies to make profits is through external investment. Although Pou Chen Group and Lloyd Insurance Company are rivals of Nyasaland Insurance Company, this does not affect Pou Chen Group and Lloyd Insurance Company’s investment in Nigeria.
Asalan Insurance Company.
Making money is not shabby.
"Okay, okay, but I only have half a million." Alex is not stupid. Since Christian accepts this price, it means that this price is still profitable.
"It's okay, Mr. Alex. I hope you will consider Nyasaland Insurance Company when you choose an insurance company next." Du Dian did not forget to remind Alex when he signed the contract.
"Of course, I will definitely do it. You don't know that the Baocheng Group and Lloyd's Insurance Company are so shady. During the World War, I had a ship worth 500,000 yuan, and the insurance premium for seven days was 50,000 yuan."
Wan." Alex hates Pou Chan Group and Lloyd's Insurance Company deeply, but at the same time he cannot do without insurance.
Although half a million is a bit too much, as long as you can reach your destination smoothly, you will still make money. Even if you are sunk by a German submarine, the insurance company will compensate you. It is better than returning with nothing.
Du Dian kept smiling. As the Deputy Minister of Legal Affairs of Nyasaland Company, he knew these things very well.
During the World War, many of the ships traveling between southern Africa and the British mainland belonged to Nyasaland ocean trade and Nyasaland ocean shipping.
Nyasaland Insurance Company raised R100 million in just three days after its listing, creating a legend in southern Africa.
On July 1st, Nyasaland Insurance Company officially began to accept insurance policies. On the day of its opening, Nyasaland Insurance Company received multiple huge insurance policies from the federal government and many companies in southern Africa.
