H.—B.

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the Government Life Insurance Department as at 31st December, 1938-continued.

13

Valuation. Particulars op Policies for Valuation. The bases used are those stated in Section II (1) of the Fourth Schedule. DESCRIPTION OF TRANSACTIONS. Number of Sums assured Office Yearly! Net Sums assured Office Yearly Set T ,-5&L Policies. and Bonuses. .Premiums. jPremiums. and Bonuses. Premiums. Prem ums. Liability. II.—Without Participation in Profits. £ £ £ £ £ _£ £ Whole-life assurances —Uniform premiums .. .. .. 4,455 1,914,275 54,387 °i<)'o38 ''.ST'794 „ Limited, single, and commuted premiums 146 129,130 2,607 2,36;) oc'oaq oq'i7Q 8l'sq5 Endowment assurances —Uniform premiums.. .. .. 527 139,378 Iqa n'l iVn "q'qqo "s'fiQl 11413 Deferred assurances 139 41,144 605 530; 20,104 9,930 8,b91 ll,41d Joint-life —Whole-life assurances !! .. 3 1,217 29 26 697 468 426 271 Temporary assurances 3,032 1,576,751 12 80,319 .. 80,319 Sinkhig-fund assurances 10 69,836 726 653 24,69o 14,624 13,127 ll,o68 Total assurances without profits .. .. 8,312 3,871,731 62,159 54,857 1,456,740 j 737,184 650,431 806,309 I Reserve for prepaid loading, under average lives, &c. .. .. .. - • • • ■ • 113,668 ■ — 8 Total assurances 85,610 31,648,139 741,468 562,663 17,216,188 j 9,639,086 | 7,236,894 , 9,979,294 _ ANNUITIES. 333,333 gSSr :: :: :: :: :: :: » *>i 33 "■"» 34 « 31 " !S'g? •c.S.i ».«. ».« •• "»■ •• - »« Annuity certam .. .. .. .. .. .. 1 180 .. "I Total annuities mT 96,011 M14 sT 346 316 361,022 — . I 31 648 139 Total of results 86 155 'and' 744,582 562,696 17,577,526:9,639,432 7,237,210 10,340,316 lotai oi results .. .. .. .. o, £96,011 p.a. : 1 • These annuities are part of family income assurance contracts— the basic assurances in each case have been included under their respective classes above.