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Quarterly Report For Period Ending:
31 March 2000

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - March  00
Whole of Life API
($000's)
No.of
Policies
Lapses 253 359
Surrenders 2221 5127
All Other 714 1811
Endowment
Lapses 52 41
Surrenders 1250 1586
All Other 692 2547
Term Life
Discontinuances 13203 36919
Sub Total
Lapses 305 400
Surrenders 3471 6713
Term Life Discontinuances 13203 36919
All Other Discontinuances 1406 4358
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
March 00
Capital Stable API
($000's)
No.of
Policies
Lapses 129 110
Surrenders 1717 1420
All Other Discontinuances 237 1696
Equity Linked
Lapses 980 489
Surrenders 9822 5579
All Other Discontinuances 1408 510
Sub Totals
Lapses 1109 599
Surrenders 11539 6999
All Other Discontinuances 1645 2206

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - March  00
Personal Superannuation Annual
Contributions
($000's)
Lapses 877
Surrenders 10822
All Other Discontinuances 2627

 

Table 2D - Annuities - All Companies (Discontinuances)  - March  00
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 167 48

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - March   00
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2258 3226
Accident Only 480 2525
Trauma 623 728
Sub Totals 3361 6479

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
1386
Income Replacement 200
Accident Only -
Group Life and TPD 742
Sub Total 2328



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