H.—B

Statement of Business

Wellington, 19th February, 1900.

4

ASI URANCES. YEAR: 1899. No. TOTAL. Annual Premium. Whole-life a; d Term Assurances. Beversionary — Bonus. Annual Premium. 1. Ordinary. 2. Extra. Sum Assured. Reversionary Bonus. Annuities. No. Sum Assured. 7. Ordinary. 2. Extra. 1. Immediate. 2. Deferred. polici: ,S I SUED AND DISCONPolicies in force at 31st December, 1898 37,848 £ 9,304,742 £ 819,485 £ s - d - (271,723 3 1 1 3,977 15 2 £ ■• d. 10,987 4 5) 9,9i8 11 3j 18,352 £ 5,347,623 £ 584,369 £ s. d. (132,477 0 7( I 3,225 4 7J New business, 1899 3,649 748,428 11 ( 24,230 4 4 1 133 14 8 984 16 4] 3,161 4 2 J 856 214,582 11 f 5,664 4 2) t 72 5 4) Total 141,497 10,053,170 819,496: I 295,953 7 5 ( 4,111 9 10 11,972 o .91 13,079 15 5) ;19,208 5,562,205 584,380 If 138,141 4 9| \ 3,297 9 llj" Policies discontinued during 1899 2.I3 1 495,004 35,960! ( 15,527 18 7 I 278 3 11 687 17 51 553 14 2] 939 240,440 20,257 f 6.222 10 9) \ 211 12 7j Total Policies in force at 31st Decern-1 ber, 1699 J ( 280,425 8 10 1 3,833 5 11 11.284 3 41 12,526 1 8-J 5,321,765 564,123 (181,918 14 0) t 3,085 17 4j 39,366! 9,558.166! 783,536 18,269 RTICULA S o pol: CIES DISCONHow Discontinued. By Death Maturity 326 220 82,389 55,269 10,871 9,926 I J 1 f 1 2,341 7 11 70 17 10 2,629 8 o 17 13 5 2,510 18 8 38 1 6 1 687 17 5j 232 64,674 9,245 f 1,683 12 9) 1 64 4 10/ f 899 5 11) I 34 0 10} Surrender 340 78,245 4,873 412 5 6J 138 33,761 3,026 Surrender of Bonus 2,360 1,685 Lapse 1,244 279,001 7,930 ( 7,796 9 8 103 14 2 141 8 8j 568 141,905 6,301 f 3,409 15 0) t 75 4 4} Expiry of Policy 1 100 o 18 9 1 100 0 18 9 Expiry of Premium ( { 220 3 3 13 4 7 28 12 4 34 12 5 } I / 220 3 3) \ 13 4 7/ j 8 15 1) I 24 18 0/ Miscellaneous .. Total f 1 15,527 18 7 278 3 11 68T 17 51 553 14 2J { 1 6,222 10 9) 211 12 7j 2,131 495,0041 35,960 939 240,440 20,257 PROGRESS OP BUSINESS OP THE GOVERNMENT LIFE INSURANCE 'otal issued 'otal void.. Total in force .. 78,15919,698,696 •• 38,79310,140,530 • • 39,366 9,558,166 3J »».««4{ 31 K 5 1} 31,241 1 4 7,430 16 9 39,561 21,292 11,684,683,973,270 6,362,918|409,147 (308,002 0 8) t 10,627 7 8/ /176.083 6 8) \ 7,541 10 4/ 9,558,166 783,5361 280,425 8 101 11,284 8 41 12,526 1 3) 18,269 5,321,765 564,123 (131,918 14 0) \ 3,085 17 4/ Extra Premiums Reduction of Premium by Bonus, &o. ,. 3,833 5 11 258 15 o Note.—The Ordinary Premium is the premium charged £284,517 9 9