H—B.
Statement of Business for the Year 1941.
3
Annual Premiums. Annuities. Year, 1941. Number. Sum assured. K*ycrsimiary - > Ordinary. Extra. Immediate. Deferred. Policies issued and discontinued during the Year 1941. £ £ £ s. d. I ■ £ s. d. I £ a. d. £ e. d. Policies in force at 31st 92,177 30,848,790 3,729,211 773,118 19 0 2,399 7 0 33,947 3 3 02,241 6 9 December, 1940 New business .. 6,897 2,800,408 .. 54,337 5 8 191 0 8 2,395 5 2 144 0 0 Bonus allotted .. .. .. 277,196 Total .. 99,074 33,649,207 4,006,407 827,456 4 8 2,590 7 8 36,342 8 5 62,385 6 9 P o 1 i c i e s discontinued 3,493 1,203,230 192,230 30,828 18 8 -685 1 9 1,774 18 1 1,321 5 11 during 1941 . Total policies in force at 95,581 32,445,977 3,814,177 796,627 6 0 3,275 9 5 34,567 10 4 61,064 0 10 31st December, 1941 Particulars of Policies discontinued during the Year 1941. How discontinued — £ £ £ s. d. £ s. d. £ s. d. £ s d By death .. .. 683 209,834 56,939 6,250 5 7 100 11 8 1,797 10 8 By maturity .. 1,119 . 273,417 80,206 10,397 2 10 17 14 1 By surrender .. 772 268,168 30,093 6,518 19 2 7 17 4 432 0 0 By change to other table 12 3,691 417 92 1 7 By cancellation .. 134 45,333 99 995 10 9 23 10 8 146 13 4 By lapse .. .. 773 402,787 17,876 8,874 12 9 -834 15 6 -169 5 11 889 5 11 Total discontinued during 3,493 1,203,230 192,230 30,828 18 8 —685 1 9 1,774 18 1 1,321 5 11 year 1941 Progress of Business of the Government Life Insurance Department since Date of Establishment to 31st December, 1941. £ £ £ a. <i. £ s. d. £ s. d. £ s. d. Totalissued .. .. 277,190 82,182,852 9,828,357 2,317,34112 7 41,672 15 10 .. 223,810 19 2 Total void .. .. 181,009 49,730,875 6,014,180 1,520,714 0 7 38,397 6 5 .. 128,179 8 0 Totalin force .. 95,581 32,445,977 3,814,177 796,627 6 0 3,275 9 5 95,63111 2
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