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. I For. For Al Li Assurances: Institute of Actuaries' Hut Table, Si% interest. Immediate f n & sh 9 s Over T ent , Annuit J nnuities on \ Tables 1883. Issued prior to ives- I Jine, 1896, 3J%interest; issued V subsequently, 3% interest. DESCRIPTION OF TRANSACTIONS. Number of j Policies, j Sums Assured, Office Yearly and Bonuses. Premiums. Net 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 i 4,312,226 423.434 5,442,488 38,616 1,011,404 202 ( 98,883] I and 35,565 \ \ per ann. at 60) £ 96,149 2,007 178,489 666 29,973 ,67 £ 82,559 1,674 •49,497 526 25, W 8 137 4 £ 2,435,379 270,845 3,274,381 22,169 453,"9 2,299 64 £ 1,154,594 11,054 2,024,469 8,156 400,565 1,756 69 £ 974,905 9,157 1,671,201 6,439 344.142 r -43i 50 £ j>460.474 261,688 1,603,180 108,977 868 3.95O 9 1 r 4 Annuity Assurances 688 5.H4 4,779 IO 3,447 86,275 80,246 23,201 Reserve for extra Premiums 1.035 .. r .O35 Additional Reserve of Loading Total Assurances with Profits 312,601 1,686,938 3,087,571 Deu8,095 3,079,476 3.475,167 Add 8,095 3.483T2BI 44.097 ".330,944 265,154 6,562,738 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 2 46 25 690 27 i8_ 735 338 285 4O5 18 455 3.483.7I2 20 4,011 77 25 338 285 44."7 ",334,955 312,678 265,179 6 ,563,473 3,687,276 3,079,761 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 9_ "692 68,731 200 18,850 331 2,541 13 743 10 22,154 21 22,154 21 2,051 325 24.551 2,051 325 88,112 3,307 24,551 1 ANNUITIES. Immediate Deferred Total Annuities Total of the Results 321 7_ (per annum) «3,54 13,74° 7_7_. 116,568 1,864 116,568 1,864 F187432 118,432 45,137 11,423,067 and 49,305 per annum. 1 316,062 and 2,936 ixtra premium (not valued) 265,179 6,706,456 3,687,276 I 3,079,761 3,626,695