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Quarterly Report For Period Ending:
30 June 2002

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - June  02
Whole of Life API
($000's)
No.of
Policies
Lapses 276 388
Surrenders 1474 4034
All Other 773 1922
Endowment
Lapses 81 118
Surrenders 829 849
All Other 712 2146
Term Life
Discontinuances 15710 44615
Sub Total
Lapses 357 506
Surrenders 2303 4883
Term Life Discontinuances 15710 44615
All Other Discontinuances 1485 4068
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
June  02
Capital Stable API
($000's)
No.of
Policies
Lapses 132 116
Surrenders 1015 1074
All Other Discontinuances 285 459
Equity Linked
Lapses 985 477
Surrenders 5980 3028
All Other Discontinuances 5056 3317
Sub Totals
Lapses 1117 593
Surrenders 6995 4102
All Other Discontinuances 5341 3776

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - June  02
Personal Superannuation Annual
Contributions
($000's)
Lapses 857
Surrenders 7383
All Other Discontinuances 3424

 

Table 2D - Annuities - All Companies (Discontinuances)  - June  02
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 355 40

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - June   02
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2939 3652
Accident Only 1685 3274
Trauma 1638 1868
Sub Totals 6262 8794

Note: Medical insurance details were discontinued as from September 1999

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances)  - June  02

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation - 14898
Income Replacement -362
Accident Only -
Group Life and TPD -902
Sub Total 13634



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