H.—B.

12

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the New Zealand Government Life Insurance Department as at 31st December, 1917.

Pakticulaks op Policies for Valuation". (Assurances : En Table, 3| % Interest. Values - Annuities: British Offices Annuity Tables, 1893, I 3 % Interest. DESCRIPTION OF TRANSACTIONS. Number ofi Sums assured Policies, j and Bonuses. Office Yearly Net Premiums. Premiums. Sums assured and Bonuses. Office Yearly i Net Premiums. j 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 „ With extra Profits Double Endowment Assurances —Uniform Premiums „ „ Limited, Single, and Commuted Premiums Deferred Endowment Assurances, with return of Premiums Joint Life —Whole-life .Assurances Survivorship Assurances 7,841 514 27,374 250 115 11,263 £ 2,822,653 285,916 6,414,384 85,371 25.173 3,049,087 £ £ 53,141 44,962 257 210 198,003 161,970 2,011 1,602 1,051 889 80,761 68,278 258 212 284 226 8 5 £ \ 1.863,512 206.476 j 4,028,439 45,250 15,623 1,472,753 2.110 690 4,056 83 £ £ 499,164 414,581 963 780 2,081,971 1,680,342 17,438 13,661 14,428 12,176 1,004,302 839,446 £ 1,448,931 205,696 2,348,097 31,589 3 447 633,307 26 54 17 2 3,245 13,750 7,054 579 f 16,922 \ and deferred ' annuity, £3,245 1 3,383 2,689 68 | 45 2,110 690 1,367 38 Annuity Assurances 64 782 720 22,255 7,045 6,513 15,742 3,548 Reserve for extra Premiums .. 3,548 Additional Reserve of Loading .. 336,556 279,074 2,970,233 .. Deduct 5,152 4,694,562 Add 5,152 •• Total .Assurances with Profits 47,520 12,724,134 7,664,795 3,62.8,762 2,965,081 4,699,714 II.—Without Participation in Profits. Whole-life Assurances —Uniform Premiums .. ,, Limited, Single, and Commuted Premiums Endowment Assurances —Uniform Premiums .. „ Limited, Single, and Commuted Premiums Deferred Whole-life Assurances, with return of Premiums Deferred Endowment Assurances, „ ,, Joint Life —Whole-life Assurances Survivorship Assurances Industrial Assurances Temporary Assurances Total .Assurances without Profits Total Assurances ... 2,865 21 386 1 57 448 2 4 3 11 1.027,455 6,850 103,300 300 25.850 90,400 1,100 4,000 60 1.950 24,942 23,789 225 218 3,223 2,929 197 177 1,411 1,252 49' 44 64 53 31 433,439 2,933 52,846 206 596 4,178 633 357 30 12 397,614 2,201 46,185 "596 320 378,537 2,136 41.933 •• 54,902 797 10,913 206 596 4,178 98 94 30 12 535 263 •• 3,798 1,261.265 30,143 I 28,462 495,230 446.916 423,404 71,826 51,318 13,985,399 366,699 | 307,536 S,160,025 4,075,678 3,388,485 4,771,540 I ENDOWMENTS. Simple Endowments, with return of Premiums Endowments —Premiums cease on death of Purchaser j 991 347 159,025 44,350 5,728 1,777 5,058 1,580 i 42.853 14,093 42,853 14,093 Total Endowments .. 1,338 203.375 7,505 6,638 56.946 56,946 • ANNUITIES. (Per annum.) 18,858 20 6 Immediate Deferred 401 1 153,935 187 153,935 187 Total Annuities .. .. .. 402 18.878 154,122 154,122 Total of the Results 53,058 14,188.774 374,210 \ 314,174 and £22,123 per | and £13,102 j annum. extra premium! (not valued), i 8,371,093 4,075 678 3,388,425 4,982,608 •