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Quarterly Report For Period Ending:
30 June 2001

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - June  01
Whole of Life API
($000's)
No.of
Policies
Lapses 376 307
Surrenders 2942 5090
All Other 599 1582
Endowment
Lapses 63 53
Surrenders 1438 1906
All Other 1770 2697
Term Life
Discontinuances 25034 36911
Sub Total
Lapses 439 360
Surrenders 4380 6996
Term Life Discontinuances 25034 36911
All Other Discontinuances 2369 4279
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
June  01
Capital Stable API
($000's)
No.of
Policies
Lapses 152 125
Surrenders 1341 1505
All Other Discontinuances 418 748
Equity Linked
Lapses 1020 332
Surrenders 9298 6048
All Other Discontinuances -6990 -6640
Sub Totals
Lapses 1172 457
Surrenders 10639 7553
All Other Discontinuances -6572 -5892

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - June  01
Personal Superannuation Annual
Contributions
($000's)
Lapses 1295
Surrenders 12430
All Other Discontinuances 1624

 

Table 2D - Annuities - All Companies (Discontinuances)  - June  01
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 27 43

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - June   01
Individual Policies API
($000's)
No.of
Policies
Income Replacement -1040 6026
Accident Only 488 2818
Trauma 1494 857
Sub Totals 942 9701

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
4075
Income Replacement 110
Accident Only -
Group Life and TPD 898
Sub Total 5083



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