H.—B

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the Government Life Insurance Department as at 31st December, 1932.

14

(Assurances : Om Table, 3 % Interest. Annuities: a (/) and a im) Tables deduced from Mortality of British Annuitants, 1900-1920, 8 % Interest. Number of Sums assured Office Yearly Net Sums assured Office Yearly Net Net Policies. and Bonuses. Premiums. Premiums, and Bonuses. Premiums. Premiums. Liability. ASSURANCES. I.—With Participation in Profits. £ £ £ £ £ £ £ Whole-life assurances— Uniform premiums ... .. .. 3,275 1,405,002 19,556 14,664 1,099,896 138,585 102,050 997.846 „ Limited, single, and commuted premiums 233 133,7:27 10 7 107,956 35 j 25 107,931 Limited, single, and commuted premiums 228 125,416 3,910 3,201 72,962 65,048 52,946 20,016 with extra profits Endowment assurances— Uniform premiums .. .. 47,200 (15,820,532 1 466,290 353.458 9,344,089 6,030,041 4,512,822 4,831,267 ; plus annuity of f 1 £11,376 p.a. ' Limited, single, and commuted premiums 496 235,368 5,293 3,983 123,638 56.319 41,765 81,883 With extra profits .. .. .. 300 98,962 3,229 2,634 72.450 38,577 31,461 40,989 Douhle endowment assurances .. .. .. .. 8,432 2,623,945 62,499 50,532 1,827,120 529,051 422.77!) 1,404,341 Deferred assurances .. .. .. .. .. 1,220 694,672 5,707 4,268 135.1(14 155,758 116,494 18,520 Joint-life —Whole-life assurances: Uniform premiums .. .. 12 9,416 460 352 6,334 4,8ii-n 3,672 2,662 „ Limited premiums .. 1 1,178 96 77 874 .. .. 874 Survivorship assurances .. .. .. .. 1 68 .. .. 30 .. .. 30 Simple endowments, with return of premiums .. .. 823 151,047 5,041 4,339 112,91)5 40,712 34,906 77,999 Endowments —Premiums ceasing on death of purchaser 383 56,996 2,088 1,782 42,951 15,619 13,368 29,583 Annuity assurances .. .. .. .. 24 ( 6,887 , I'll' 168 16,511s 1,221 1,069 15,499 and annuitv — "I Deferred, £1,130 iEnt'dupon£288 I ' . Total assurances with profits .. .. .. 62,628 21,363,816 574.371 439.465 12,902.787 7.075.774 5,333,347 7,629,440