Summary For Years Ended
31 December |
(C) Insurance Business
Years Ending to 31 December 99 |
|
1996 ($000) |
1997 ($000) |
1998 ($000) |
1999 ($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
153899 |
137562 |
158081 |
161708 |
2.29 |
| Single
Premiums |
269710 |
251774 |
371254 |
309463 |
-16.64 |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
36599 |
10484 |
8150 |
5713 |
-29.90 |
| Surrenders |
107656 |
101784 |
135342 |
141304 |
4.41 |
| All
Other Discontinuances |
- |
- |
5581 |
12761 |
128.65 |
| ANNUAL
PREMIUM INCOME IN-FORCE |
1081491 |
1081758 |
1083855 |
1083141 |
-0.07 |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending to 31 December 99 |
|
1996
($000) |
1997
($000) |
1998
($000) |
1999
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
132352 |
117093 |
121946 |
117315 |
-3.80 |
| Single Premiums |
316791 |
461634 |
680385 |
922102 |
35.53 |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
8309 |
7732 |
8167 |
4925 |
-39.70 |
| Surrenders |
23715 |
19569 |
31404 |
38085 |
21.27 |
| Other Discontinuances |
- |
- |
5442 |
9045 |
66.21 |
Superannuation
Scheme Cancellations |
10880 |
6804 |
18312 |
35592 |
94.36 |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
569027 |
618853 |
640672 |
638038 |
-0.41 |
Source:ISI Quarterly Statistics
