H.-8

4

Statement of Business

TOTAL. 7 Whole-life and Term Assurances. YEAR 1928. . , — — i Annual Annuities. Annual 1 Sum | Sever- Premiums. I. Immediate or N Sum Premiums. JNO - .assured. 1. Ordinary. entered upon. ' assured. °1. Ordinary. ! Bonuses.j g Extra. 2. Deferred. 2. Extra. POLICIES ISSUED AND DISCON- £ £ £ s. d. £ s. d. £ £ £ s. d. Policies in force at 31st 66,85619,303,9101,973.434 ] 593,755 6 422,858 16 2110,7633,946,161 630,671 / 98,352 16 2) December, 1927 1 2,024 19 2 2,054 18 4f 1 880 7 10 J New business .. .. 5,802 1,915,465 .. f 63,002 6 1 1,648 12 4) 236 123,415 .. j 3,794 5 5 ) 1 135 4 3 J t 19 5 0 } Bonus allotted .. .. .. 305,504 .. .. .. .. 37,834 Total.. .. 72,658 21,219,381 2,278,938 ] 656,757 12 5 24,507 8 6110,999 4,069,576 668,505 (102,147 1 7 1 | 2,160 3 5 2,054 18 4) \ 899 12 10 f Policies discontinued 4,096 1,244,800 169,048 1 41,087 18 1 1,256 6 6) 691 285,003 47,320 f 7,113 14 2) during 1928 \ 187 8 4 186 3 6 f g 96-18 7) Total policies in force at 68,562 19,974,581 2,109,890 ( 615,669 14 4 23,251 2 0( 10,3083,784,573 621,185 ] 95 ,033 7 5 1 31st December, 1928 1 1,972 15 1 1,868 14 10 J \ 802 14 3] ll PARTICULARS OP POLICIES DISCON How discontinued. By Death .. .. 553 152,321 45,981 ( 4,507 10 9 1,429 0 0| 302 91,734 37,153 f 2,106 10 3 1 I 54 5 7 j { 51 17 11 J Maturity .. .. 1,103 249,557 64,017! f 10,564 19 81 l\ 16 3 81 Surrender.. .. 1,459 490,926 47,512!] 15,903 18 01 .. 258 117,658 9,498 f 2.S70 19 3 1 I 69 4 11 J. | t 29 15 8 | Changes to other 77 37,739 809 1 1,182 16 81 .. 37 24,489 146 1 799 14 2 TojblGS ( • • Cancellation .. 131 37,400 25 I 1,139 1 31 13 10 01 7 3,150 .. I 103 5 11 t 1 10 Of \ t 110 0 Lapse .. .. 773 276,857 10,704 ] 7,789 11 9 (—)186. 3 6| 87 47,972 523 ] 1,233 5 5 ] t 46 4 2 (+)186 3 6J \ 13 15 Oj Total discontinued during 4,098 1,244,800 169,048 f 41,087 18 1 1,256 6 6) 691 285,003 47,320 ] 7,113 14 2) year 1928 t 187 8 4 186 3 6) t 96 18 7 f PROGRESS OF BUSINESS OP THE GOVERNMENT LIFE INSURANCE Total issued .. .. 196,444 52,948,441 5,354,542 j ® ® } 114,008 18 4 50,26816,296,17912,227,336 j g Total void .. .. 127,882 32,973,860 3,244,652 | | 88,889 1 6 39,96012,511,6061,606,151 13 lo} Total in force .. 68,562 19,974,581 2,109,890 615,669 14 4 25,119 16 10 10,308 3,784,573| 621,185 95,033 7 5 Extra Premiums .. .. .. 1,972 15 1 .. .. .. .. 802 14 3 £817,642 9 5 £95,836 1 8 Note.—The " ordinary " premium is the premium charged