ISI_logo_tiff.gif (6019 bytes)   Investment Savings and Insurance Association (ISI)

 

Home

About Us

What's New

Information

Annual Reviews

Press Releases

Statistics

Submissions

Interesting links

Contact Us

ISI Members

 

 


 

Quarterly Report For Period Ending:
31 December 2001

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - December  01
Whole of Life API
($000's)
No.of
Policies
Lapses 236 329
Surrenders 1760 4199
All Other 441 1281
Endowment
Lapses 96 74
Surrenders 848 1309
All Other 1051 1791
Term Life
Discontinuances 18264 42821
Sub Total
Lapses 332 403
Surrenders 2608 5508
Term Life Discontinuances 18264 42821
All Other Discontinuances 1492 3072
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
December  01
Capital Stable API
($000's)
No.of
Policies
Lapses 135 127
Surrenders 1054 1168
All Other Discontinuances 446 342
Equity Linked
Lapses 1294 410
Surrenders 9020 5339
All Other Discontinuances 1483 344
Sub Totals
Lapses 1429 537
Surrenders 10074 6507
All Other Discontinuances 1929 686

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - December  01
Personal Superannuation Annual
Contributions
($000's)
Lapses 968
Surrenders 13500
All Other Discontinuances 2578

 

Table 2D - Annuities - All Companies (Discontinuances)  - December  01
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 120 46

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - December   01
Individual Policies API
($000's)
No.of
Policies
Income Replacement 4229 10585
Accident Only 2351 13281
Trauma 1115 1192
Sub Totals 7695 25058

Note: Medical insurance details were discontinued as from September 1999

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances)  - December  01

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
3891
Income Replacement 148
Accident Only -
Group Life and TPD 3421
Sub Total 7460



previous_page.gif (1014 bytes)  but_back_to_top.gif (1005 bytes)   next_page.gif (994 bytes)