H.—B

4

Statement of Business

TOTAL. Whole-life, and 'l'ervi Assurances. YEAR 1924. Annual Annuities. Annual c, 11YY1 Rever- Premiums. / immediate or v Sum ttever- Premiums. No> assured. Bonuses h 0rdiwxr V' entered upon. ' °* assured. I Ordinary. tonuses. 2 . Extra. 2. Deferred. 2. Extra. POLICIES ISSUED AND DISCON- £ £ £ s. d. £ s. d. £ £ £ s. d. Policies in force at 31st : 60,54516,549,451 1,357,161 / 499,333 9 6 20,67a 12 5 111,372 3,916,871 615,5531 f 93,428 18 2 ) December, 1923 j | 1,987 8 10 2,351 6 10 / j 1 |j 996 16 8 j New business .. .. 5,149 1,718,842 .. I 54,008 1 111,399 1 7) 5911 298,000 .. jl 8,051 18 2\ i 188 16 9; 278 7 5 J ! I 70 18 9 j Bonuses allotted .. .. .. 476,958 .. .. .. .. 87,888 Total.. .. 65,69418,268,293 1,834,119 ] 553,341 10 722,071 14 0111,963 4,214,871 703,441| J 101,480 16 4) | 2,176 5 7j 2,629 14 3) \\ 1,067 15 5/ Policies discontinued; 3,890 1,077,510 137,738 1 33,000 0 8' 1,054 10 3| 669 233,76lj 47,069!/ 5,638 16 11) during 1924 ( 126 9 3 137 3 4f ' 1 1 73 18 10) Total policies in force at 61,804 17,190,783 1,696,381 i 520,341 9 11 21,017 3 9) 11,294 3,981,110 656,372 / 95,841 19 5] 31st December, 1924 I 2,049 16 4 2,492 10 11/ I \ 993 16 7 / I I ' | I I PARTICULARS OP POLICIES DISCON How discontinued. I By Death .. 545 144,098 40,403 ] 4,329 5 7 1,053 15 31 300: 87,543 32,032 ] 2,174 12 9) t 57 16 0 137 3 4 J 1 ( 48 12 8 / Maturity .. 955 183,621 44,974 ] 7,070 5 2) 1 5 1 2 j Surrender.. 1,042 294,640 19,622 ] 9,031 4 31 .. 124! 42,831 5,859 / 924 8 11 I | 22 13 5 j [ j 8 16 2 [ Cancellation 216 62,350 87 / 1,810 12 11] .. 12 5,600 .. / 147 5 1 i ( 8 15 01 ; ( 5 0 0, Surrender of bonus .. .. .. 17,735 .. .. I .. 6,034 Lapse .. .. 1,130 391,225 14,421 / 10,377 19 8) .. 23lj 96,525 2,740 / 2,325 15 9 1 1 15 12 0) \ 6 10 0 } Expiry of policy 2 1,100 J 15 4 8| 2 1,100 .. j 15 4 8 ) Expiry of premium .. .. 250 .. / 176 12 7) .. j .. .. I 31 11 9 ) 1 11 n 8} j ( Miscellaneous .. .. 226 496 / 188 15 10) 0 15 0) .. 162 404 ] 19 18 0 ( 5 0 0) .. ) \ 5 0 0 / Total discontinued during 3,890 1,077,510 137,738 ] 33,000 0 8 1,054 10 3) 669 233,761 47,069 / 5,638 16 11) year 1924 | j 126 9 3 137 3 4) \ 73 18 10 | 1 . . j | PROGRESS OF BUSINESS OF THE GOVERNMENT LIFE INSURANCE Total issued .. .. 172,5441 45,189,713 4,384,655 | j! j 107,264 5 2 48,15215,355,159 2,088,867 1s' 113 *i *3 j Total void .. .. 110,740| 27,998,930 2,688,274 | g 83,754 10 6 37,158 11,374,049 1,432,495 gj Total in force .. 61,804 17,190,783 1,696,381 520,341 9 ll 1 23,509 14 811,294 3,981,110 656,372 95,841 19 5 Extra Premiums .. .. .. 2,049 16 4 .. | " 993 16 7 £522,391 6 3 i £96,835 16 0 Note. —The " ordinary " premium is the premium charged Wellington, 1st June, 1925.