H.—33:

6

Summaut and Valuation of the Policies as at 31st December, 1878.

Particulars of the Policies for Valuation. Valuation.* Description of Transactions. Number of Policies. Sums Assured. Uonusea. Office Yearly Premiums. Net Yearly Premiums. Annual Loading, being the Provision for Future Expenses and Profits. Sums Assured. Bonuses. Office Yearly Premiums. Net Yearly Premiums. Loading. Net Liability. Participating Branch. I. Assurances. For the whole term of life, subject to premium* throughout life „ .„ limited and commuted premiums Endowment assurances ... ... ... Joint lives ... Term policies Contingent assurances Rc6ei-ve for climate and other special risks ... ... •■• ■•■ Reserve for subsequent distribution of the loading on single and limited premium assurances Reserve to provide for payment of claims one month after proof of death ... £ £ £ s- 4 £ *• <i- £ »■ * £ £ £ £ £ £ 20,050 '.797 11,225 64 5 2 8,557,600 927,286 3,469,324 26,500 2,150 1,200 64,8849 60,480-1 268,824 4 6 30,828 6 5 139,031 10 3 1,292 17 2 60 18 2 26 4 2 1,212 16 11 197,189 2 10 24,046 4 1 1 111,620 7 o 1,025 Io 9 40 1 8 21 16 6 1,212 16 11 7'.635 1 8 6,782 1 6 27,4" 3 3 267 6 5 20 16 6 4 7 8j 3,615,289-9 390,073-5 ! i>753,947' 2 '5,°53'2 898 4029 '85,524-8 31,899-3 840-7 194,5366 ',605,772-7 • 4,070-3 86-s 3'4'2 2,714,689-8 145,147-' 1,276,91 10 1 I,O!O'6 56-9 2624 1,022,587-4 49,3895 328,861-7 3,059-7 296 5'-8 1,086, 124-9 276,825-7 516,264-4 4,883-3 329 1405 606-4 ... ... 30,052-1 13,445-0 ... ... ... ... ... ... 5.552,057-5 ... ... ... Total assurances ... 112,984,060 1478,612-2 44I.27 1 ■7 335,156 o 7! 106,120 17 o 5-774,856-5 I 257-49.ro 4,148,077-8 ■,4O3.979-7i ',928,375-2 33-143 II. ISndoivments. * Children's endowments III. Annuities. 825 119.69s 1,163-9 5.76O 2 7 5,226 5 6 533 17 1 94,7°''5l 1,033-2, 25,436-7 i 23.35.V4 2,083-3! 72,381-3 Iminediato Temporary Deferred Contingent Certain Total annuities '5 37 7 1 Per Annum. 1,626315 176-117 365-000 41000 Per Ann. 1674 393 423 2 146 15 2 0 ... 360 15 5 118 17 o ... ... 62 6 9 27 18 6 12,4363 597-8 '3.6736 1,7101 2O'2 ... '.4634 205-1) 2,245-7 1 ',329-3 1,8648 1,073-0 ... ... 3809 2563 12,436-3 597-8 13,272-2 8422 202 ... ... 1 ... ... 3,787-899 per ntniimi. 206-7 per annum 569 17 8 479 '2 5 9° 5 3 28,4380 1,668-5 3,575'° 2,937-8 637'2j 27,168-7 93 Total of the results 34 °6 ■ 260, 194- 7 5,581,069 2 4,' 74,369-0 1,406,7002 '3,' O3.755 J479,776i 447,606 17 10 340,861 18 6 106,744 19 5,897,9960 2,027,925-2 Non-Participating Branch. I. Assurances. For the whole term of life, subject to premiums throughout life ,, „ limited premiums Joint lives ... Term policies Contingent assurances Reserve for climate and other special risks Reserve for subsequent distribution of t lie loading on limited premium assurances Reserve to provide for payment of claims one mouth after proof of death Total assurances ... 372 6 2 58 3 1,036 40,650 .,.50 ... I - 3,9^3 8 6 81 15 11 87 16 10 655 17 9 20 19 8 28 15 2 3,588 o 5 73 3 ' 60 2 6 487 1 4 <S 9 5 28 15 2 375 8 1 81210 27 14 4 168 16 5 5 '° 3 56,490- 2 7480 982 1,8790 120-4' 55,95O'6 397' 997 2.05 r8 141-9 50,4934 345-8 75'1 i,533' 104- 5 5-457-2 5'3 24-6 5'8'7 374 5,996-8 4022 345'9 144 38-3 89-0 ... ... ! ... 44' ! 186,011 - I 4,838 13 10 ... ... ... ... ... ... 4,252 II II 586 1 11 59-335'S 58,641" 1 52,5 5l-q| 6,089-2 6,925-6 II. Endowments. '4,233'5 Children's endowments 681 5,180 7 2 4,751 122 428 15 ol 53,347'8 42,666-6 39,i 14-3 3,55 2'3! 102,3.10 III. Annuities. Per Annum. 2,228-241 200000 150000 72-267 17.739-3 299 589-9 Immediate Deferred Contingent Certain Total annuities 2 2 2 23 o o 31 1 8 20 4 o 27 211 2 "16 o 3 18 9 i?,739'3 815-2 266-4: 5899! 342*7 270-7 30 1 "o 2365 ... 4'/ 34-2 ... ... ... ... 35 2,650-508 per annum. 54 1 8 47 6 11 6 14 9 19,410-8! 6i3-4| 537'5 7S'9| 18,8733 40,0324 Total of the results Grand total ... ... ... 1,157 288,366 10,073 2 8 9.°5' " 1.021 11 132,094-4! 101,921-1 92,2O.r7 9,7i7-4 35,218 179,77 6'i ,680 o 61 9 6! 107,766 11 6,030.000-4 260, 194- 7 5,682,91)0-3! 4,266,572-7! 1,416,417-6 2,067,957-' 13,392.121 4? 349,9 '3 • 1 Value by "The Institute of Actuaries' » Htf (s) Table with Hi pure premiums and 4 per cent, interest for participating assurances i years and over in force, and Hit Table with 4 per cent, interest for participating assurances under 5 years iu force, and foi non-partiefpating assurances! 2. Value by" The Peerage Table " and 4 per cent, interest for participating children's endowments, and j per cent, for non-participatiug. 3. Value by " The Government Expenence Table," and 4 per cent, interest for all anau.ties.