ISI_logo_tiff.gif (6026 bytes)   Investment Savings and Insurance Association (ISI)

 

Home

About Us

What's New

Information

Annual Reviews

Press Releases

Statistics

Submissions

Interesting links

Contact Us

ISI Members

KiwiSaver Mortgage Diversion - Scheme Provider Contact Details

 

 


 

 

Insurance Business
Years Ending 30 June 1996
($000's)
1997
($000's)
1998
($000's)
% Change
This Year
New Business
Annual Premium Income 161,912 141,935 142,341 0.29
Single Premiums 347,688 205.890 327,016 58.83
Discontinuance's of Annual Premium Income
Lapses 38,281 11,538 9,057 -21.83
Surrenders 112,209 100,264 114,990 14.96
Annual Premium Income In-Force 1,072,050 1,079,670 1,081,488 0.17
Superannuation Business
Years Ending 30 June 1996
($000's)
1997
($000's)
1998
($000's)
% Change
This Year
New Business
Annual Premium Income 112,931 133,563 119,132 -10.80
Single Premiums 216,986 407,732 487,148 19.48
Discontinuance's of Annual Premium Income
Lapses 6,734 8,585 8,214 -4.32
Surrenders 20,982 22,985 26,254 14.22
Superannuation Scheme Cancellations 12,166 7,833 11,152 42.37
Annual Regular Contributions In-Force 524,699 596,731 629,629 5.51
Cash Flow for Insurance and Superannuation Business
Years Ending 30 June 1996
($000's)
1997
($000's)
1998
($000's)
% Change
This Year
Premium Income 2,369,038 2,334,613 2,412,011 3.32
Investment Income 1,312,193 2,725,747 2,267,836 -16.80
Sub Total 3,681,231 5,060,360 4,679,847 -7.52
Taxes 175,745 276,120 154,635 -44.00
Commissions 224,817 216,746 205,458 -5.21
All Other Management Expenses 418,916 444,807 433,288 -2.59
Payments to Policy Holders 2,087,078 2,279,342 2,416,018 6.00
Sub Total 2,906,556 3,217,015 3,209,399 -0.24
Incomings Less Outgoing 774,675 1,843,345 1,470,448 -20.23
 

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