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Quarterly Report For Period Ending:
30 September 2001

 

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - September  01
Whole of Life API
($000's)
No.of
Policies
Lapses 362 408
Surrenders 2586 5211
All Other 662 2434
Endowment
Lapses 122 96
Surrenders 1540 1536
All Other 703 1991
Term Life
Discontinuances 14298 37574
Sub Total
Lapses 484 504
Surrenders 4126 6747
Term Life Discontinuances 14298 37574
All Other Discontinuances 1365 4425
 

 

 

 

 

 

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
September  01
Capital Stable API
($000's)
No.of
Policies
Lapses 193 147
Surrenders 1967 1389
All Other Discontinuances 380 486
Equity Linked
Lapses 1518 385
Surrenders 8006 6323
All Other Discontinuances 2163 410
Sub Totals
Lapses 1711 532
Surrenders 9973 7712
All Other Discontinuances 2543 896

 

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - Septemer  01
Personal Superannuation Annual
Contributions
($000's)
Lapses 1342
Surrenders 12789
All Other Discontinuances 3304

 

Table 2D - Annuities - All Companies (Discontinuances)  - September  01
Discontinuances Annuities
Per Annum
($000's)
No.of
Policies
Totals 342 55

 

Table 2E   - Individual Income Replacement, Accident,  & Trauma - All Companies (Discontinuances)  - September   01
Individual Policies API
($000's)
No.of
Policies
Income Replacement 3272 4114
Accident Only 495 2817
Trauma 885 892
Sub Totals 4652 7823

Note: Medical insurance details were discontinued as from September 1999

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

API
($000's)
Annual
Contributions
($000's)
Employee Superannuation -
2325
Income Replacement 254
Accident Only -
Group Life and TPD 1941
Sub Total 4520



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