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Quarterly Report For Period Ending:
31 December 2000

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - December  00
Whole of Life API
($000's)
No.of
Policies
Lapses 627 2005
Surrenders 2503 5189
All Other 473 1613
Endowment
Lapses 92 62
Surrenders 1166 1298
All Other 1502 2686
Term Life
Discontinuances 10629 25881
Sub Total
Lapses 719 2067
Surrenders 3669 6487
Term Life Discontinuances 10629 25881
All Other Discontinuances 1975 4299
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
December  00
Capital Stable API
($000's)
No.of
Policies
Lapses 127 120
Surrenders 1906 2161
All Other Discontinuances 597 2048
Equity Linked
Lapses 1044 403
Surrenders 11228 6654
All Other Discontinuances 2475 833
Sub Totals
Lapses 1171 523
Surrenders 13134 8815
All Other Discontinuances 3072 2881

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - December  00
Personal Superannuation Annual
Contributions
($000's)
Lapses 1058
Surrenders 12264
All Other Discontinuances 3768

 

Table 2D - Annuities - All Companies (Discontinuances)  - December  00
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 130 20

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - December   00
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2443 3521
Accident Only 313 2009
Trauma 683 760
Sub Totals 3439 6290

Note: Medical insurance details were discontinued as from September 1999

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances)  - December  00

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
1945
Income Replacement 599
Accident Only -
Group Life and TPD 796
Sub Total 3340



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