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ISI Members
|
Summary For Years Ended
31 March |
(C) Insurance Business
Years Ending 31 March |
|
1996 ($000) |
1997 ($000) |
1998 ($000) |
1999 ($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
161,918 |
148,430 |
140,388 |
159,289 |
13.46 |
| Single
Premiums |
334,421 |
241,786 |
276,253 |
387,609 |
40.31 |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
22,886 |
26,814 |
10,156 |
7,165 |
-29.45 |
| Surrenders |
111,280 |
104,463 |
103,691 |
144,725 |
39.57 |
| All
Other Discontinuances |
- |
- |
- |
9,090 |
|
| ANNUAL
PREMIUM INCOME IN-FORCE |
1,077,712 |
1,074,910 |
1,076,977 |
1,081,307 |
0.40 |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending 31 March |
|
1996
($000) |
1997
($000) |
1998
($000) |
1999
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
107,505 |
130,815 |
117,805 |
121,341 |
3.00 |
| Single Premiums |
187,959 |
336,602 |
478,014 |
825,277 |
72.65 |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
6,553 |
8,197 |
8,049 |
7,354 |
-8.63 |
| Surrenders |
21,076 |
22,822 |
22,591 |
30,911 |
36.83 |
| Other Discontinuances |
- |
- |
- |
7,007 |
|
Superannuation
Scheme Cancellations |
12,977 |
8,230 |
11,243 |
18,030 |
60.37 |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
511,992 |
580,062 |
610,546 |
646,489 |
5.89 |
Source:ISI Quarterly Statistics
 
|
