ISI_logo_tiff.gif (6019 bytes)   Investment Savings and Insurance Association (ISI)

 

Home

About Us

What's New

Information

Annual Reviews

Press Releases

Statistics

Submissions

Interesting links

Feedback

ISI Members

 

 

Level 12,
City Chambers
Cnr Johnston &  Featherston Streets,
PO Box 1514,
Wellington

Ph +64 4 473-8730
Fax +64 4 471-1881

e-mail isi@isi.org.nz


 

Quarterly Report For Period Ending:
30 September 2000

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - September  00
Whole of Life API
($000's)
No.of
Policies
Lapses 385 425
Surrenders 3192 5785
All Other 500 2721
Endowment
Lapses 139 112
Surrenders 1482 1935
All Other 1575 2929
Term Life
Discontinuances 15013 39414
Sub Total
Lapses 524 537
Surrenders 4674 7720
Term Life Discontinuances 15013 39414
All Other Discontinuances 2075 5650
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
September  00
Capital Stable API
($000's)
No.of
Policies
Lapses 172 146
Surrenders 3000 2296
All Other Discontinuances 490 473
Equity Linked
Lapses 1277 575
Surrenders 12610 8237
All Other Discontinuances 1689 588
Sub Totals
Lapses 1449 721
Surrenders 15610 10533
All Other Discontinuances 2179 1061

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - September  00
Personal Superannuation Annual
Contributions
($000's)
Lapses 1239
Surrenders 11668
All Other Discontinuances 3163

 

Table 2D - Annuities - All Companies (Discontinuances)  - September  00
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 76 28

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - September   00
Individual Policies API
($000's)
No.of
Policies
Income Replacement 2314 3866
Accident Only 508 3012
Trauma 794 887
Sub Totals 3616 7765

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
1815
Income Replacement 224
Accident Only -
Group Life and TPD 1671
Sub Total 3710



previous_page.gif (1014 bytes)  but_back_to_top.gif (1005 bytes)   next_page.gif (994 bytes)