H.-Bd.

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the New Zealand Government Life Insurance Department, as at 31st December, 1905.

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Particulars of Policies for Valuation. / For Assurances: Institute of Actuaries' Hm Table, 3i% interest. Values J For Immediate f sh Government Annuity Annuities on 7 ables - '» 8 3- . Issued pnor to Lives- 1 * une , l8 9 6 ,3 h% interest; issued \ ' I subsequently, 3% interest. DESCRIPTION OF TRANSACTIONS. Number of Policies. Sums Assured, : Office Yearly 1 Net and Bonuses. Premiums. Premiums. SumsAssured, and Bonuses. Office Yearly Premiums. Net Premiums. Net Liability. ASSURANCES. I.—With Participation in Profits. Whole-life Assurances —Uniform Premiums Whole-life Assurances —Limited, Single, and Commuted Premiums Endowment Assurances Endowment Assurances —Limited, Single, and Commuted Premiums Double Endowment Assurances Joint Life Assurances Survivorship Assurances £ £ £ £ £ £ 13,304 790 25,227 128 3,950 9 1 4,312,226 423,434 5,442,488 38,616 1,011,404 3,691 202 ( 98,883', j and 35,565 I [ per ann. at 60 ) 96,149 2,007 178,489 666 29,973 167 6 82,559 1,674 149,497 526 25,978 137 4 2,435,379 270,845 3,274,381 22,169 453,119 2,2gg 64 1,154,594 11,054 2,O24, 469 8,156 400,565 1,756 69 974,905 9,157 1,671,201 6,439 344,142 1,431 50 1,460,474 261,688 I,603,180 15,730 108,977 868 14 Annuity Assurances 688 5,144 4,779 103,447 86,275 80,246 23,201 Reserve for extra Premiums 1,035 1,035 Additional Reserve of Loading Total Assurances with Profits 3,087,571" Deduct 8,095 3,475,16; Add 8,09; 44,097 11,330,944 312,601 265,154 6,562,738 3,686,938 3,483,26: II.—-Without Participation in Profits. Whole-life Assurances (transferred from Temperance to Non-profit Section) Industrial Assurances Temporary Assurances Total Assurances without Profits.. Total Assurances 6 4 10 1,190 71 2,750 29 46 25 690 27 18 338 285 ""285 40; 2' Ii 20 4,OII 77 25 735 338 45' 44,H7 ",334,955 312,678 5,179 '6,563,473 3,687,276 ,079,761' 3,483,71 ENDOWMENTS. Simple Endowments —with return of premiums Simple Endowments —without return of premiums Endowments —Premiums cease at death of purchaser Investments Total Endowments 533 2 148 692 68,731 200 18,850 33i 2,541 13 743 10 22,154 21 •• 22,154 21 2,051 325 2,05 1 325 88,112 3,307 24,551 •• 24,551 ANNUITIES. Immediate Deferred .. .. ..... Total Annuities Total of the Results 321 (per annum) 13,54 192 116,568 1,864 7 77 116,568 1,864 "8,432 328 13,740 77 "8,432 45,i.37 11,423,067 and 49,305 per annum. 316,062 and 2,036 extra premium (not valued) 265,179 6,706,456 3,687,276 3,079,761 3,626,69;