There are nearly 80,000 civil servants under the federal government in Southern Africa, accounting for about 200:1 of the total population.
The cost of insurance for public servants varies. On average, it is about R15 per person per year. However, it is impossible to transfer all this part to Nyasaland Insurance Company at once. In the end, about R30,000 was transferred directly, and the total premium was
Still less than 500,000.
Compared with the insurance premiums for public servants, the premiums for corporate employees and various real estate property insurances are higher. The annual premium for a Lord's car worth 10,000 rand is only about 200, which can buy two civilian cars.
People who buy Lord's cars don't care about the money. Rock doesn't sell insurance and doesn't even know that third-party liability insurance has begun to appear in the UK these days. The management of vehicles in southern Africa still needs to be strengthened.
The company under Rock's name had already reached an agreement with Nyasaland Insurance Company before Nyasaland Insurance Company officially opened. After Nyasaland Insurance Company officially opened, the company under Rock's name transferred all
All insurance business is handed over to Nyasaland Insurance Company.
Du Dian is also very sensible. The account of Nyasaland Insurance Company is opened at Rand Bank. About 60% of the funds will be invested externally through Rand Bank and Nyasaland Company, and the remaining part of Nyasaland will be invested externally.
If Lan Insurance Company wants to set up its own investment department, it must not put its eggs in one basket.
After the establishment of Nyasaland Insurance Company, the biggest impact was definitely on the Baocheng Group and Lloyds Insurance Company. Lloyds Insurance Company was better, and it was very smart not to take drastic measures against Nyasaland Insurance Company.
Cheng Group very insidiously began to lower premiums, increase insurance coverage, and engage in malicious competition with Nyasaland Insurance Company.
It cannot be said that Baocheng Group competes maliciously. After all, Nyasaland Insurance Company's methods are also disgraceful. Compared with commercial competition, administrative intervention seems to be worse.
Moreover, the Ministry of National Defense’s act of setting up an insurance company is a bad start. Although the federal government’s financial situation has been relatively good in recent years, no amount of money given to each department is actually enough.
Now we see that the Ministry of National Defense is trying every means to increase revenue, and other departments are also starting to make moves.
"Your Ministry of National Defense has opened a Pandora's box. The Ministry of Transportation is discussing the establishment of a transportation company. The Ministry of Commerce wants to intervene in ocean trade. Even our Ministry of Justice has proposed the establishment of a security company. Unexpectedly, you have dug a big hole for yourself.
Trap." Henry smiled arrogantly when he saw Roque. It was the first time in southern Africa that a government department dominated business.
The UK has always advocated a free market and emphasized that the government should not interfere in the market. To put it bluntly, government agencies cannot compete with the people for profit.
When it comes to "competing with the people for profit", this is something that Roque is very familiar with. In fact, it is new wine in old bottles. The "people" here definitely do not refer to ordinary citizens, but to the capitalists who represent ordinary citizens. If Roque is Baocheng
As the boss of the Group and Lloyds Insurance Company, Roque will also talk about the free market and will never allow the Ministry of Defense to establish Nyasaland Insurance Company to compete for profits with the people.
The situation is different now. Both Pucheng Group and Lloyds Insurance Company are British capital and make a lot of profits from southern Africa every year. At this time, Rock took the lead in establishing Nyasaland Insurance Company to protect the interests of southern Africa and work with them.
People's struggle for profit are two different things.
The situation when the Ministry of Justice established a security company is completely different from when Roque established Nyasaland Insurance Company. Southern Africa already has a private security company that can be said to be the largest and most powerful in the world. Henry also has a share in Umbrella.
Therefore, it is unrealistic for the Ministry of Justice to establish a security company, and Henry will not be able to pass here.
"Henry, if possible, I really don't mind the Ministry of Justice establishing a security company." Rock's answer surprised Henry, and he created a competitor for himself——
Even if you are confident, you can't be confident to this extent.
"Since the founding of the United States, an economic crisis has erupted on average every ten years. Have you ever wondered why this happens?" Rock did not talk about Britain, but only the United States. This made it easier for Henry to accept it.
"Because Americans are too greedy, just like you." Henry was a little in need of a spanking. The meaning behind his words was: My mother hasn't spanked me in three days——
"You are right. Americans are too greedy, which leads to disorderly capital expansion. Businessmen will only see that the goods produced in their factories are in short supply, so they blindly expand the scale of production, leading to an imbalance in market supply and demand and triggering an economic crisis." Rock really doesn't agree.
I like the free market model of Britain and the United States, although Rock himself is a vested interest in this model.
At the end of the development of the free market, capital kidnaps everything, the right to speak is in the hands of the capitalists, politicians are the spokespersons of the capitalists, and no one will consider the national interests.
This is actually the case in southern Africa now, but Roque himself is the largest capitalist in southern Africa. If Roque were replaced by Stoudemire, Stoudemire would definitely not consider these issues.
It would be great if Stoudemire can manage Rhodesia well, but don't expect him to take into account the interests of the federal government.
Although Southern Africa is full of flowers now, it is actually a raging fire behind it. The generation of Rock and Henry Smalls is pretty good. While making money, they have not forgotten to take care of the federal government. At least they will pay all the taxes they should pay. But if things go on
In 50 years, if the generations of Rock and Henry Smalls pass away or take a back seat, what will southern Africa look like by then?
Roque himself couldn't guarantee it.
For the sake of the 10 million Chinese in southern Africa, Roque will also work hard to put the economy of southern Africa back on a healthy track in his lifetime.
So what is health?
Just look at the performance of various countries during the U.S. pandemic and you will know what kind of economic model is healthier.
This is not to say which one is absolutely correct, but it is relatively healthy.
"What does this have to do with your establishment of Nyasaland Insurance Company?" Henry did not discuss the macro level with Rock. Rock's own theory was actually full of loopholes. Rock was not an economist in his previous life, so don't expect Foreign Trade Dog to be so sophisticated.
theoretical knowledge reserves.
"The relationship is big. Insurance companies are not only selling insurance, but more importantly, investing abroad. The Nyasaland state government is preparing to establish a financial market. When the time comes, you will discover the role of insurance companies." Roque finally decided to do something about it.
The financial move is not to challenge London's status as a global financial center, but to find a more convenient financial channel.
This is of course an external statement. Roque's real purpose is to improve the status of southern Africa.
In today's Southern Africa, if capable companies want to raise funds, they still have to go all the way to London to go public. Let's not talk about how much they can raise. If you give a Londoner a map, few people can point out where Southern Africa is.
How many people have confidence in businesses in southern Africa?
If there can be a financial market in Southern Africa, it will be of great benefit to the companies in Southern Africa. Although the companies under Roque's name are not short of money, there are many other companies that are short of money. They cannot all go to London for listing. London is good for
Listed companies also have requirements.
"The Nyasaland government wants to establish a financial market? Then you have to be careful." Henry finally became serious. We are all a family. It is normal to hurt each other in small things. Not only will it not lead to a deterioration of the relationship, but it will also make the relationship between each other worse.
The relationship is closer, and we still help each other on important matters.
"If we don't fight for some things, we can never expect London to loosen our grip." Rock has seen through it all. No matter how good his relationship is with Winston, Winston will definitely lean towards the British Empire on such important principles.
With the big gimmick of establishing a financial market, Nyasaland Insurance Company will immediately become insignificant. The competition from Baocheng Group will not affect the development of Nyasaland Insurance Company. With the endorsement of Roque and the Ministry of National Defense, Nyasaland Insurance Company will become insignificant.
The insurance company made rapid progress, taking 60% of the insurance orders in southern Africa within three months.
Sooner or later, the remaining 40% will also be in the pocket of Nyasaland Insurance Company. It is only October now, and many policies have not been completed yet. When this year is over, Pouchen Group and Lloyds Insurance Company are expected to
Having lost more than 90% of their business, it is almost time for Pou Chan Group and Lloyds Insurance Company to withdraw from Southern Africa.
Seeing that the Department of Defense is making huge amounts of money, other departments of the federal government are indeed very greedy.
Henry is right. We don't worry about scarcity but inequality. When all departments have no money, they can still live a tight life. Seeing that the Ministry of National Defense is about to turn around, other departments are worried.
Adelaide took action again and strictly prohibited all departments from doing business. The Ministry of National Defense was in a special situation and other departments were strictly prohibited from following suit.
As Prime Minister, Ade will not act as casually as Roque. Even if the federal government wants to intervene in the economy, it must make a decision after careful consideration.
Ade wants to see the results of Nyasaland Insurance Company and then decide what to do next. This process is estimated to take three to five years, and by then Ade may still be in office.
This is the drawback of democratic politics. If it were others, they would probably go along with the flow in order to win votes.
Ade is not like this. He is the founder of southern Africa and is responsible for southern Africa. He is not a simple politician.
Of course, Ade did not let Roque go. The Ministry of National Defense took the lead in setting up an insurance company, but Roko did not report to Ade beforehand. This made Ade very dissatisfied, so he called Roque over and scolded him.
When Sidney Milner sent Roark away from the Prime Minister's Office, he secretly revealed to Roque that Nyasaland Insurance Company had tampered with someone's cheese, so Ade was under great pressure during this period.
"Sidney, there's something I want to tell you. Next year's election -" Rock couldn't say it. After all, Ade was kind to Rock.
"I understand Locke, and my uncle also understands it. You don't have to be embarrassed. In fact, I also hope that uncle can take a rest. He is really too tired." Sidney Milner expressed his understanding. Adelaide will have to retreat sooner or later.