Summary For Years Ended
31 March |
(C) Insurance Business
Years Ending to 31 March 02 |
|
1999
($000) |
2000
($000) |
2001
($000) |
2002
($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
159289 |
165494 |
172987 |
191823 |
10.89 |
| Single
Premiums |
387609 |
270723 |
183300 |
202728 |
10.60 |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
7165 |
5652 |
6749 |
7054 |
4.52 |
| Surrenders |
144725 |
139619 |
136335 |
151484 |
11.11 |
| All
Other Discontinuances |
9090 |
12303 |
19617 |
7832 |
-60.08 |
| ANNUAL
PREMIUM INCOME IN-FORCE |
1081307 |
1077755 |
1096846 |
1132536 |
3.25 |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending to 31 March 02 |
|
1999
($000) |
2000
($000) |
2001
($000) |
2002
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
121341 |
119280 |
112023 |
114093 |
1.85 |
| Single Premiums |
825277 |
826166 |
648829 |
391229 |
-39.70 |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
7354 |
4504 |
4190 |
4845 |
15.63 |
| Surrenders |
30911 |
41892 |
44701 |
44290 |
-0.92 |
| Other Discontinuances |
7007 |
10107 |
12119 |
9237 |
-23.78 |
Superannuation
Scheme Cancellations |
18030 |
31879 |
20786 |
13516 |
-34.98 |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
646489 |
659735 |
707508 |
723924 |
2.32 |
Source:ISI Quarterly Statistics
