H.—Bb

6

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the New Zealand Government Life Insurance Department, as at 31st December, 1911.

Particulars of Policies for Valuation. Assurances: Hm Table 3!% interest "(adjusted Values t0 Hm 3i% ba sis) : Annuities: British Offices Annuity Tables 189s . 3% interest. DESCRIPTION OF TRANSACTIONS. Number of Sums assured Policies. and Bonuses. Office Yearly Net ! Sums assured Office Yearly | Net Premiums. Premiums, and Bonuses. Premiums, i Premiums. Net Liability. ASSURANCES. I.—"With Participation in Profits. Whole-life Assurances —Uniform Premiums Limited, Single, and Commuted Premiums Endowment Assurances —Uniform Premiums.. Limited, Single, and Commuted Premiums Double Endowment Assurances — Uniform Premiums Limited, Single, and Commuted Premiums Deferred Endowment Assurances —with return of Premiums j Joint Life —Whole-life Assurances .. „ Endowment Assurances ,. ' ,. J Survivorship Assurances £ 10,253 3,534,332 655 347,959 27,615 6,194,552 215 64,419 8 ,4 6 3 ; 2,173,969 £ £ 72,848 1 62,225 905 750 198,483 ' 164,136 1,392 1,104 60,979 51,913 £ £ 2,179,526 769,435 237,193 3,59-4 3,828,645 i 2,163,141 33,7 2 5 i 14,816 991,405 : 803,565 £ 645,435 2,953 1,763, 865 11,631 677,075 £ ; I,534,O9I 234,240 2,064,780 22,O94 314,330 16 1,932 12 2,500 12 ' 5,544 1 1,000 2 55O ( 20,061 I 87 J and deferred I [ annuity, 4,307 j 45 36 251 202 59 48 8 6 1,266 i 60 I 3,355 i 2,744 614 ■ 671 87 : 95 2,204 549 63 1,266 6O 1,151 65 24 Annuity Assurances 1,013 931 22,174 I 12,389 11,416 IO,758 Reserve for extra Premiums 879 879 4,183,738 Add 6.511 Additional Reserve of Loading Total Assurances with Profits j Deduct 6,511 •• 47,331 12,346,818 335,983 I 281^351 7,298,929 3,770,450 3,108,680 4,190,249 II. —Without Participation in Profits. Whole-life Assurances —Uniform Premiums .. ' Endowment Assurances „ Deferred Whole-life Assurances —with return 01 Premiums '■ Deferred Endowment Assurances Industrial Assurances ! Temporary Assurances Total Assurances without Profits 528 109 3 I 44 3 6 j 166,340 25,812 1,000 8,400 60 3,4OO j 3,795 811 7 109 1 I 46 ! 3,605 736 6 96 64,876 12,196 14 75 3°_!_ 77,216 ! 64,688 12,567 77.255 J 61,389 I ",405 J 3,487 791 75 2 5 30 4.422 ! 4,194,671 101,500 I 30,729 _ 6,615 _ 37,344 693 ! 205,012 i 4,769 ! 72,794 4,443 Total Assurances 48,024 12,551,830 285,794 7,376,145 340,752 3,847,705 3,181,474 719 256 _ 99,296 32,I5O * Ad ustmeni I to place as surance reser \ ves on Hm 3J 1 basis ENDOWMENTS. Simple Endowments —with return of premiums .. ,. j Endowments —Premiums cease on death of purchaser Total Endowments 3,675 1,297 3O,729 6,615 975 131,446 37,344 37,344 ANNUITIES. ! Immediate : Deferred .. . . Total Annuities Total of the Results .. .. .. ' !1 (per annum) 16,992 106 __ 150,063 321 150,384 150,063 321 150,384 IOI 377 17,098 101 49,376 ; 12,683,276 and £21,405 per annum. 345,825 ! 285,794 and £2,329 extra premium (not valued). 7,563,873 J 3,847,705 3,181,474 4,483, 8 99 |_