H,—B.
16
ACTUARY'S REPORT.
Table C. CONSOLIDATED REVENUE ACCOUNT OF THE GOVERNMENT INSURANCE DEPARTMENT, For the Period commencing 1st January, 1891, and ending 31st December, 1893.
Table D. VALUATION BALANCE-SHEET OF THE GOVERNMENT INSURANCE DEPARTMENT, As at 31st December, 1893.
Amount of Funds on 1st January, 1891 Renewal Premiums New Premiums Single Premiums Consideration for Annuities granted Interest Fees £ s. d. 1,715,193 5 9 629,671 10 3 57,030 18 9 6,728 12 7 36,604 15 6 305,115 2 7 44 17 3 s s. a. £ s. d. Death Claims under Policies, Assurance, including Bonus Additions .. .. 232,470 0 8 Endowment Assurances matured, including Bonus Additions .. .. .. 68,453 2 7 Endowments matured .. 3,394 13 7 Premiums returned on Endowments .. .. .. 260 G 3 Bonuses surrendered for Cash.. 32,336 6 1 Annuities .. .. .. 18,244 15 4 Surrenders.. .. .. 52,063 4 4 Loans released by Surrender .. 36,080 13 5 Commission, New .. .. 35,931 0 11 Renewal .. 4,546 0 5 443,303 2 3 40,477 1 i Property-, Land-, and Incometaxes Losses on Properties foreclosed Expenses of Management — Salaries, Head Office .. 31,302 12 11 „ Branch Offices and Agents.. .. 14,781 8 0 Extra Clerical Assistance .. 3,620 3 6 Medical Pees .. .. 13,316 8 6 Travelling Expenses .. 3,899 15 8 Advertising .. .. 2,770 14 9 Printing and Stationery .. 4,293 6 1 Rent .. .. .. 4,301 8 8 Postage .. .. .. 4,817 10 8 Telegrams .. .. 1,448 17 10 Exchange .. .. 655 6 0 Office Furniture Depreciation 1,310 19 0 General Expenses.. .. 5,821 1 9 Quinquennial and Triennial Expenses .. .. 6,044 11 4 Compensation for loss of Office .. .. .. 2,394 3 8 18,756 13 11 483 18 10 Investment Reserve Fund Amount of Funds on 31st December, 1893 100,778 8 4 18,000 0 0 2,128,589 18 0 £2,750,389 2 8 £2,750,389 2 8
Dr. 'o Net value of Liabilities (as per Valuation Summary in Table B) 'o Surplus £ s. d. 1,938,589 18 o 190,000 o o Cr. By Accumulated Funds (as per Consolidated Revenue Account in Table C) £ s. d. 2,128,589 18 o £2,128,589 18 o £2,128,589 18 o
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