11.—9?,

surplus appears to us very satisfactory, and the business of the department to have been well conducted, and in such a manner as to reflect great credit on those who have been responsible for its management. We have, &c, Abthtie H. Bailey. The Hon. the Colonial Secretary, New Zealand. Ealph P Haedt. P.S. —-We have taken no account of the policies in the Industrial Branch, which we did not consider was included in the reference to us. The liability under these is, however, merely nominal.

Government Insurance Department of New Zealand. Summary and Valuation of the Assurance and Annuity Contracts as at 30th June, 1880.

Aethub H. Bailet Ealph P Haedt.

By Authority: Q-. Didsbuby, GWernment Printer, Wellington.—lBBl.

4

Valua .tioit. Particulaes of ' Vaic, :nE Policies *ob ltiow. Ansurances 4s per ee] Mortality s: "Institui it. Annuit ', 4J * per cei te of Actuaries," Hm. lies Carlisle Table of at. Table. Description of Thawsactiob". Annual 'remiums. Vali Annual ] ie of 'remiums. No. of Policies Bums Assured. Net Hm. 4f p. cent. Value of Sums Assured. Hm. 4} p. cent. Set, Net Liability. Office. Office. ASSUBANCES. £ £ £ £ & £ £ I. II. III. IV, V. Whole term : Uniform annual premiums Ditto: Limited and commuted premiums Endowment assurances at various ages... Joint lives Children's endowments, without return of premium Ditto, with return of premium Temporary risks Extra premiums Additional reserve for payment of claims one month after death, and for profits and expenses of assurances under Table II. ... 6,744 817 3,916 14 5 2,504,775 417,199 1,221,845 5,150 1,500 69,863 14,786; 45,720 200 76 53,405 11,524 37,098 172 893,182 141,147 553,09! 2,470 575 5,314 975,885 106,827 533,387 2,266 741,264 8;i,775 431,004 1,957 151,918 60,372 122,087 513 575 5,314 VI. A. 113 11 13,585 6,950 682 123 607 62 304 62 304 19,30! Total amount of assurances ... 11,620 4,171,00 1 132,057 102,199 1,598,841 1,618,669 1,258,000 360,44! Annuities. VII. nil. IX. x. Immediate Contingent Deferred : Without return of premium Ditto: With return of premium 30 2 2 2,074 335 200 85 9 70 11 8 70 18,948 1,303 926 391 " 113 181 94 181 18,948 1,209 745 391 Total amount of annuities 36 2,694 p. annum 90 78 21,568 294 275 21,291 11,656 4,171,004 2,694 p. annum 132,147 102,277 1,620,409 1,618,963 1,258,275 381,7' Total of results...