H— 8.

Summary and Valuation of the Policies of the Government Life Insurance Department as at 31st December, 1938.

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: , Valuation. Particular s of Policies for Valuation. The bases used are those stated in Section II (1) DESCRIPTION OF TRANSACTIONS. of the Fourth Schedule. Number of Sums assured Office Yearly Net Sums assured Office Yearly Net Net j Policies. and Bonuses. Premiums. Premiums, j and Bonuses. Premiums. Premiums. Liability. _ ; - _ - _ _ 0 ASSURANCES. I.—With Participation in Profits. £ £ £ £ £ £ +' Whole -life assurances —Uniform premiums .. .. .. 6,472 3,046,234 72,753 54,197 1,749,437 1,088,061 803,266 946,171 „ Limited, single, and commuted premiums 314 200,326 2,847 2,160 123,638 35,215 26,066 97,572 Co „ Limited, single, and commuted premiums 199 117,828 3,116 2,526 70,939 47,209 38,049 32,890 with extra profits Endowment assurances —Uniform premiums .. .. .. 57,055 18,772,381 517,759 388,558 11,213,793 6,628,019 4,915,288 6,298,505 t*) „ Limited, single, and commuted premiums 626 i 291,935 5,141 3,846 ! 167,551 51,771 j 38,287 129,264 „ With extra profits .. .. .. 265 97,968 2,792 2,265 75,719 27,173 22,051 53,668 CI Double-endowment assurances .. .. .. 5,598 1,832,383 39,740 31,647 1,408,693 255,771 201,363 1,207,330 Deferred assurances .. .. .. .. .. 5,389 3,145,890 25,140 14,189 640,044 682,496 469,806 170,238 . Joint-life —Whole-life assurances: Uniform premiums .. .. 10 10,195 368 277 7,471 3,244 2,429 ! 5,042 Simple endowments .. .. .. .. .. 1,351 255,111 9,545 8,047 184,504 82,592 69,554 j 114,950 Annuity assurances .. .. .. .. .. 19 6,157 108 94 3,991 351 304 3,687 Total assurances with profits .. .. .. 77,298 27,776,408 679,309 507,806 15,645,780 8,901,902 6,586,463 9,059,317