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Quarterly Report For Period Ending: 30 June 1999

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - June 99
Whole of Life	API ($000's)	No.of Policies
Lapses	229	194
Surrenders	2845	5289
All Other	670	2235
Endowment
Lapses	107	80
Surrenders	1788	1608
All Other	964	2637
Term Life
Discontinuances	11083	36113
Sub Total
Lapses	336	274
Surrenders	4633	6897
Term Life Discontinuances	11083	36113
All Other Discontinuances	1634	4872
Table 2B Unbundled Life Policies - All Companies (Discontinuances)    - June 99
Capital Stable	API ($000's)	No.of Policies
Lapses	17	71
Surrenders	2158	1743
All Other Discontinuances	378	2206
Equity Linked
Lapses	1185	530
Surrenders	12208	8057
All Other Discontinuances	1130	518
Sub Totals
Lapses	1202	601
Surrenders	14366	9800
All Other Discontinuances	1508	2724

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   -June 99
Personal Superannuation	Annual Contributions ($000's)
Lapses	1521
Surrenders	10099
All Other Discontinuances	2395

 

Table 2D - Annuities - All Companies (Discontinuances)  - June 99
Discontinuances	Annuities Per Annum ($000's)	No.of Policies
Totals	208	30

 

Table 2E   - Individual Income Replacement, Accident, Medical & Trauma - All Companies (Discontinuances)  - June 99
Individual Policies	API ($000's)	No.of Policies
Income Replacement	2004	2662
Accident Only	413	2865
Medical	82	160
Trauma	310	430
Sub Totals	2809	6117

 

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances)  - June 99
	API ($000's)	Annual Contributions ($000's)
Employee Superannuation	-	7542
Income Replacement	14
Accident Only	-
Medical	-
Group Life and TPD	1034
Sub Total	8590