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Quarterly Report For Period Ending:
31 March 2001

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - March  01
Whole of Life API
($000's)
No.of
Policies
Lapses 338 456
Surrenders 2226 -513
All Other 571 7092
Endowment
Lapses 102 62
Surrenders 976 123
All Other 1073 3868
Term Life
Discontinuances 11202 31392
Sub Total
Lapses 440 518
Surrenders 3202 -390
Term Life Discontinuances 11202 31392
All Other Discontinuances 1644 10960
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
March  01
Capital Stable API
($000's)
No.of
Policies
Lapses 118 112
Surrenders 1689 1479
All Other Discontinuances 676 1491
Equity Linked
Lapses 944 391
Surrenders 10053 5812
All Other Discontinuances 2128 362
Sub Totals
Lapses 1062 503
Surrenders 11742 7291
All Other Discontinuances 2804 1853

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - March  01
Personal Superannuation Annual
Contributions
($000's)
Lapses 987
Surrenders 10006
All Other Discontinuances 2094

 

Table 2D - Annuities - All Companies (Discontinuances)  - March  01
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 45 14

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - March   01
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2324 2972
Accident Only 1035 4184
Trauma 660 681
Sub Totals 4019 7837

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
1461
Income Replacement 145
Accident Only -
Group Life and TPD 476
Sub Total 2082



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