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Quarterly Report For Period Ending:
30 June 2000

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - June  00
Whole of Life API
($000's)
No.of
Policies
Lapses 309 348
Surrenders 2974 5755
All Other 1401 2065
Endowment
Lapses 99 64
Surrenders 1161 1665
All Other 2157 3090
Term Life
Discontinuances 12049 39032
Sub Total
Lapses 408 412
Surrenders 4135 7420
Term Life Discontinuances 12049 39032
All Other Discontinuances 3558 5155
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
June  00
Capital Stable API
($000's)
No.of
Policies
Lapses 128 109
Surrenders 2008 2003
All Other Discontinuances 452 459
Equity Linked
Lapses 848 427
Surrenders 9946 6253
All Other Discontinuances 1858 597
Sub Totals
Lapses 976 536
Surrenders 11954 8256
All Other Discontinuances 2310 1056

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - June  00
Personal Superannuation Annual
Contributions
($000's)
Lapses 906
Surrenders 10763
All Other Discontinuances 3094

 

Table 2D - Annuities - All Companies (Discontinuances)  - June  00
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 172 23

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - June   00
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2557 3327
Accident Only 465 2760
Trauma 623 661
Sub Totals 3645 6748

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
15565
Income Replacement -420
Accident Only -
Group Life and TPD 1112
Sub Total 16257



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