H—B

£ f £ Amount offends at Ist -January, 1945 .. .. .. 13,129,718 Death claims under assurance policies, including bonus Renewal premiums: Assurance, annuity, and endowment, additions .. .. .. .. .. .. 304,972 less reinsurance premiums .. .. .. .. 852,186 Endowment assurances matured, including bonus additions 459,723 New premiums (including instalments of first year's premiums Endowments matured .. .. .. .. .. 7,481 falling due in the year), less reinsurance premiums .. 100,390 Premiums returned on endowments .. .. .. 457 Single premiums: Assurance and endowment .. .. 43,473 Bonuses surrendered for cash .. .. .. .. 1,736 Consideration for annuities .. .. .. .. 20,251 Annuities .. .. .. .. .. .. 35,651 £ Surrenders .. .. .. .. .. .. 32,882 Interest, rent, and other income .. .. 555,192 Loans released by surrender .. .. .. .. 24,154 Less property expenses .. .. .. 9,822 • £ 545,370 Commission, new .. .. .. .. 72,896 Commission, renewal .. .. .. .. 7,173 80,069 Contribution to Public Service Superannuation Fund .. 747 Land and income tax .. .. .. .. .. 133,013 Agents' retiring-allowances .. .. .. .. 2,206 Expenses of management .. .. .. .. 82,601 War-damage-insiirance premiums .. .. .. 792 Property depreciation .. .. .. .. .. 6,501 Transfer to Investment Reserve.. .. .. .. 10,000 Amount of funds at 31st December, 1945 .. .. 13,508,403 £14,691,388 £14,691,388

Revenue Account of the Government Life Insurance Department for the Year ended 31st December, 1945

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