H.—B

26

FIFTH SCHEDULE.

Question B.—The amount of all annuities other than those specified under heading No. 7, distinguishing the amount of annuities payable under each class, the amount of premiums annually receivable, and the amount of consideration-money received in respect of each such class, and the total amount of premiums received from the commencement upon all deferred annuities.

ANSWER TO QUESTION 8. The Amounts of all Annuities other than those specified under Heading No. 7.

Question 9. —The average rate of interest at which the funds of the Department were invested at the close of each year during the period since the last investigation. Answer. —At the close of each financial year the average rate of interest at which the funds of the Department were invested for that year was as follows : — / s d 1894 ... ... ... 5 5 0 1895 ... ... ... 5 2 3 1896 ... ... ... 4 19 0 Question 10. —A table of minimum values, if any, allowed for the surrender of policies for the whole term of life, and for endowments and endowment assurances; or a statement of the method pursued in calculating such surrender values, with instances of its application to policies of different standing, and taken out at various interval ages, from the youngest to the eldest. Answer. —The minimum surrender values for whole-life and endowment assurance policies issued at the present rates of premium are given in Appendix No. 7. In the case of children's endowments (premiums returnable) the premiums paid are returned without interest, as surrender value. Endowments without return ot premium are treated specially.

Table. Class of Annuity. Amount of Annuities. Annual Premiums. Single Premiums. Total Premiums received to 31st December, 1896. VIII. I Reversionary £ s, d. 300 o o £ •■ d. £ s - d. 1,137 ° ° £ s. d. 1,137 ° ° IX. I Deferred (Premiums not returnable) 190 6 o 60 l6 2 1,056 6 3 1,194 3 9 X. I Deferred (Premiums returnable) .. 50 o o 10 16 o 252 o o XII. . Deferred (Annuity-Assurances)* .. 3>5O7 10 5 480 o oj 86 7 8 703 19 2 J XIII. ■ Deferred (Annuity-Assurances)f .. 2,641 3 7 428 i oj 48 8 2 639 ° 6J Totals £6,689 0 0 £979 13 2 £2,328 2 1 £3,926 3 5 * And temporary assurances for £9,600. t And Questions 5 and 6. t And vboie life assurances for £7,4^0. These amounts are ilso given in Answer ti