Summary For Years Ended
30 September |
(C) Insurance Business
Years Ending to 30 September 99 |
|
1996 ($000) |
1997 ($000) |
1998 ($000) |
1999 ($000) |
% Change
This Year |
| NEW
BUSINESS |
|
|
|
|
|
Annual
Premium
Income |
157564 |
137925 |
149038 |
164868 |
10.62 |
| Single
Premiums |
317307 |
200727 |
365233 |
342220 |
-6.30 |
DISCONTINUANCES
of Annual Premium
Income |
|
|
|
|
|
| Lapses |
38442 |
10986 |
8685 |
5982 |
-31.12 |
| Surrenders |
114706 |
96888 |
127167 |
140072 |
10.15 |
| All
Other Discontinuances |
- |
- |
2649 |
12850 |
385.09 |
| ANNUAL
PREMIUM INCOME IN-FORCE |
1070513 |
1081176 |
1081188 |
1080919 |
-0.02 |
Source:ISI Quarterly Statistics
(D) Superannuation Business
Years Ending to 30 September 99 |
|
1996
($000) |
1997
($000) |
1998
($000) |
1999
($000) |
% Change
This Year |
| NEW BUSINESS |
|
|
|
|
|
| Annual Regular Contributions |
125053 |
121689 |
125072 |
114863 |
-8.16 |
| Single Premiums |
284566 |
427454 |
563296 |
958255 |
70.12 |
DISCONTINUANCES
of Annual Regular Contributions |
|
|
|
|
|
| Lapses |
7604 |
8084 |
8510 |
5514 |
-35.21 |
| Surrenders |
23589 |
19897 |
29952 |
34021 |
13.59 |
| Other Discontinuances |
- |
- |
2573 |
9281 |
260.71 |
Superannuation
Scheme Cancellations |
10772 |
8520 |
11468 |
43060 |
275.48 |
| ANNUAL REGULAR CONTRIBUTIONS IN-FORCE |
551016 |
606724 |
638605 |
655557 |
2.65 |
Source:ISI Quarterly Statistics
