H.—Bb.

Summary and Valuation of the Policies of the New Zealand Government Life Insurance Department, as at 31st December, 1908.

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Particulars of Policies for Valuation. I For Assurances: Institute of Actuaries' HmTable, 3_ % interest. _ . . / English Government Annuity For Immediate Tabl l88 issued prior to Annuities on j une , l8g 6, ? J% interest; issued Lives : I subsequently, 3% interest. DESCRIPTION OF TRANSACTIONS. Number of Sums Assured Office Yearly Net Policies. and Bonuses. Premiums. Premiums. Sums Assured Office Yearly and Bonuses. Premiums. Net Net Premiums. Liability. ASSURANCES. I.— With Participation in Profits. Whole-life Assurances —Uniform Premiums „ Limited, Single, and Commuted Premiums Endowment Assurances Limited, Single, and Commuted Premiums .. .. .. .. j 11,902 26,534 £ 3,9 6 4,°43 391,544 5,845,791 / 84,883 1,458 189,472 £ 72,671 1,217 157,622 £ 2,336,868 259,483 3,568,336 _ 961,215 6,647 2,101,530 £ 808, 594 5,480 1,722,979 £ 1,528,274 254,003 1,845,357 Double Endowment Assurances Joint Life Assurances Survivorship Assurance 176 6,420 9 1 i 52,639 1,636,942 4,848 48 21,3101 J and 5,175!- [ per ann. at 60) 1,132 46,645 229 905 39,929 185 27,976 727,601 2,875 16 12,490 629,993 2,599 9,938 534,"8 2,093 18,038 193,483 782 16 " Annuity Assurances 104 1,in 1,023 22,118 15,423 14,236 7,882 Reserve for extra Premiums 873 3,097,438 Deduct 7,573 "3,089,865" 873 3,848,708 Add 7,573 3,856,281 Additional Reserve of Loading Total Assurances with Profits 45,870 II,917,165 324,930 273,552 6,946,146 3,729,897 II.—Without Participation in Profits. Whole-life Assurances (transferred from Temperance to Nonprofit Section) Endowment Assurance (transferred from Temperance to Nonprofit Section) Industrial Assurances Temporary Assurances Total Assurances without Profits Total Assurances 5 1 I ,090 212 60 26 6 22 5 655 112 287 81 240 67 4'5 45 23 29 3 10 19 1 23 29 • 5,4'2 54; 87 _____ 27 819 368 307 512 3,856,793 45.889 11,922,577 3 2 5,oi7 273*579 6,946,965 ..730.265 3,090,172 ENDOWMENTS. Simple Endowments —with return of premiums without return of premiums Endowments —Premiums cease at death of purchaser Total Endowments 597 i87_ 785 77.972 100 24,050 102,122 2,954 4 964 24,414 25 4,017 24,414 25 I 4,oi7 i 28,456 3,922 28,456 ANNUITIES. Immediate Deferred Total Annuities Total of the Results 354 5 (per annum) 15,406 98 129,493 747 "9,493 747 130,240 69 359 15,504 69 T 30,24O 47,033 12,024,099 and £20,679 per annum. 329,008 273,579 and £2,621 ; extra premium (not valued). | 7,105; 661 3,730,265 3,090,172 4,015,489