H.—B

4

Statement of Business

TOTAL. . — Whole-life and Term Assurances. YEAR 1918. t— r— - Annual j Annuities. . Annual ; Sum ! Premiums. \ i. Immediate or No 1 Sum 1 Premiums. No - j assured. KS 1. Ordinary. entered upon. • \ assured. | » ' * 1. Ordinary. | I Bonuses. | Extra. Z. Deferred. \ Bonuses. Extra. POLICIES ISSUED AND DISCON- ___ _ . _ £ £ £ s. d. £ s. d. £ \ £ £ s. d. Policies ill force at 31st 53,05812,884,531 1,304,243 f 374,210 4 J 18,858 8 1)11,2773,468,401 689,157 f 78,999 12 11 ) December, 1917 i ( 13,101 11 1 3,265 1 2 J \ 4,449 4 4f Ne«v Business .. .. 4,263 1,252,538 .. I 38,250 6 1 1,195 1 4 [ 1,176 363,413 .. j 8,599 10 71 1 8,527 12 11 60 10 8 / \ -2,357 11 7) Bonus allotted .. 322,090 .. .. .. .. 93,547 Total.. 57,32114,137;069 1,626,388 f 412,460 10 2 20,053 9 5 112,4533,831,814 782,704(87,599 3 6 I I 21,629 4 0 3,325 11 10 f ( 6,806 15 11 | Polioies discontinued 3,518 879,387 113,472 ] 26,376 19 4 791 2 0 \ 626 209,594 43,213] 5,094 4 3) during 1918 | 1 2,809 15 0 199 13 9 f \ 915 15 3 f Total Policies in force at 53,803 13,257,682 1,512,861 ] 386,083 10 10 19,262 7 5 V 11,827 3,622,220 739,491(82,504 19 3) 31st December, 1918 j | 18,819 9 0 3,125 18 1 j \ 5,891 0 8 j PARTICULARS OF POLICIES DISCONHow discontinued. By Death .. .. 1,304 290,820 45,497 1 9,285 6 8 791 2 0) 361 115,887 29,567 ] 2,862 10 1) 1 1,161 10 9 133 12 3 j ( 31117 9f Maturity .. .. 711 143,398 33,351 ] 5,698 2 7! f 11 0 11f Surrender.. .. 427 107,267 7,696 j 3,314 0 6, .. I 61 21,558 2,955 ] 563 7 10 | 1 27 14 4 1 66 1 6) ( 10 12 0 f Cancellation .. 185 49,900 159 ] 1,174 14 5) .. 26 8,000 105 164 16 0) | 79 10 0 J \ 0 15 o; Surrender of Bonus.. .. .. 16,628 .. .. .. .. 7,594 Lapse .. .. j 891 287,446 9,751 ] 6,436 7 41 .. 178 63,876 2,679 [ 1,41112 8) 1 213 8 0) | 136 9 Of Expiry of Premium.. .. 250 .. j 194 3 10 j .. .. .. .. j 78 10 8 j Miscellaneous .. .. 306 390 J 274 4 01 .. .. 273 313 f 13 7 01 1 1,316 16 Of { 456 1 6J Total .. 3,518 879,387 113,472 1 26,376 19 4 791 2 01 626 209,594 43,213 ] 5,094 4 3 1 1 2,809 15 0 199 13 9f \ 915 15 3 f PROGRESS OF BUSINESS OF THE GOVERNMENT LIFE INSURANCE Total issued .. .. 143,932 35,693,835 3,569,310 | 197,362 5 8 44,82513,566,659j 1,918,232| 3 g| Total void .. .. 90,129 22,436,15.3 2,055,449 j 3 j 74,974 0 2 32,998 9,944,439,1,178,741 j^ Total in force .. 53,803 13,257,682 1,512,861 386,083 10 10 22,388 5 611,827 3,622,220! 739,491 82,504 19 3 Extra Premiums .. .. .. 18,819 9 0 .. .. j .. .. 5,891 0 8 Reduotion of Premiums by Bonus, &c. .. 61 13 10 .. .. .. .. 53 13 6 £404,964 18 8 £88,449 13 5 Note.—The Ordinary Premium is the premium charged Wellington, 31st March, 1919.