Summary For Years Ended
30 June |
(C) Insurance Business
Years Ending to 30 June 99 |
|
1996 ($000) |
1997 ($000) |
1998 ($000) |
1999 ($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
161912 |
141935 |
142341 |
162491 |
14.16% |
| Single
Premiums |
347688 |
205890 |
327016 |
366923 |
12.20% |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
38281 |
11538 |
9057 |
6744 |
-25.54% |
| Surrenders |
112209 |
100264 |
114990 |
143641 |
24.92% |
| All
Other Discontinuances |
- |
- |
- |
12232 |
|
| ANNUAL
PREMIUM INCOME IN-FORCE |
1072050 |
1079670 |
1081488 |
1081726 |
0.02% |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending to 30 June 99 |
|
1996
($000) |
1997
($000) |
1998
($000) |
1999
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
112931 |
133563 |
119132 |
117880 |
-1.05% |
| Single Premiums |
216986 |
407732 |
487148 |
926069 |
90.10% |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
6734 |
8585 |
8214 |
6575 |
-19.95% |
| Surrenders |
20982 |
22985 |
26254 |
32451 |
23.60% |
| Other Discontinuances |
- |
- |
- |
9402 |
|
Superannuation
Scheme Cancellations |
12166 |
7833 |
11152 |
23777 |
113.21% |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
524699 |
596731 |
629629 |
658649 |
4.61% |
Source:ISI Quarterly Statistics
