Summary For Years Ended
30 June |
(C) Insurance Business
Years Ending to 30 June 02 |
|
1999
($000) |
2000
($000) |
2001
($000) |
2002
($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
162491 |
169572 |
174987 |
199926 |
14.25 |
| Single
Premiums |
366923 |
245454 |
174995 |
207403 |
18.52 |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
6744 |
5498 |
6976 |
6917 |
-0.85 |
| Surrenders |
143641 |
138155 |
145863 |
139487 |
-4.37 |
| All
Other Discontinuances |
12232 |
15029 |
9546 |
18861 |
97.58 |
| ANNUAL
PREMIUM INCOME IN-FORCE |
1081726 |
1092824 |
1105010 |
1147084 |
3.81 |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending to 30 June 02 |
|
1999
($000) |
2000
($000) |
2001
($000) |
2002
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
117880 |
118583 |
116997 |
108269 |
-7.46 |
| Single Premiums |
926069 |
733260 |
618915 |
337625 |
-45.45 |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
6575 |
3889 |
4579 |
4407 |
-3.76 |
| Surrenders |
32451 |
42556 |
46368 |
39243 |
-15.37 |
| Other Discontinuances |
9402 |
10806 |
10649 |
11037 |
3.64 |
Superannuation
Scheme Cancellations |
23777 |
39902 |
9296 |
24339 |
161.82 |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
658649 |
673826 |
690986 |
705625 |
2.12 |
Source:ISI Quarterly Statistics
