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Quarterly Report For Period Ending:
31 March 1999

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - March 99
Whole of Life API
($000's)
No.of
Policies
Lapses 264 247
Surrenders 2,476 4,566
All Other 554 1,997
Endowment

Lapses 160 136
Surrenders 1,513 1,550
All Other 826 2,380
Term Life

Discontinuances 11,404 37,319
Sub Total

Lapses 424 383
Surrenders 3,989 6,116
Term Life Discontinuances 11,404 37,319
All Other Discontinuances 1,380 4,377
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    - March 99
Capital Stable API
($000's)
No.of
Policies
Lapses 87 74
Surrenders 1,855 1,493
All Other Discontinuances 369 1,825
Equity Linked

Lapses 964 472
Surrenders 13,696 6,332
All Other Discontinuances 1,760 769
Sub Totals

Lapses 1,051 546
Surrenders 15,551 7,825
All Other Discontinuances 2,129 2,594

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - March 99
Personal Superannuation Annual
Contributions
($000's)
Lapses 1,298
Surrenders 7,015
All Other Discontinuances 1,565

 

Table 2D - Annuities - All Companies (Discontinuances)  - March 99
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 212 44

 

Table 2E   - Individual Income Replacement, Accident, Medical & Trauma - All Companies (Discontinuances)  - March 99
Individual Policies API
($000's)
No.of
Policies
Income Replacement 1,651 2,162
Accident Only 398 2,336
Medical 78 149
Trauma 207 378
Sub Totals 2,334 5,025

 

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances)  - March 99

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
5,099
Income Replacement 52
Accident Only -
Medical -
Group Life and TPD 871
Sub Total 6,022

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