H.-8.

FOURTH SCHEDULE.

Summary and Valuation of the Policies of the Government Life Insurance Department as at 31st December, 1935— continued.

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j Valuation. Particulars op Policies foh Valuation. j The bases used are those stated in Section II (1) DESCRIPTION OF TRANSACTIONS. j of the Fourth Schedule. Number of Sums assured Office Yearly Net Sums assured Office Yearly Net Net Policies. and Bonuses. Premiums. Premiums, and Bonuses. Premiums. Premiums. Liability. II.—Without Participation in Profits. £ £ £ j £ £ £ £ Whole-life assurances —Uniform premiums .. .. .. 4,486 1,948,757 : 55,554 47,666 : 1,145,594 702,416 601,754 543,840 „ Limited, single, and commuted premiums 127 68,300 1 1,320 1,160 37,780 13,485 11,905 25,875 Endowment assurances —Uniform premiums.. .. .. 541 139,104 3.854 3,255 ! 104,554 26,383 22,336 82,218 Deferred assurances .. .. .. .. .. 234 64,783; 862 | 31,266 16,086 13,827 17,439 Joint-life —Whole-life assurances .. .. .. .. 1 217 j .. •. i 171 • • • • 171 Temporary assurances .. .. .. .. .. 1,000 489,704 1 18 ; 29,382 .. .. 29,382 Sinking-fund assurances .. .. .. .. .. 7 55,479 j 752 653 I 18,539 14,044 12,272 6,267 Total assurances without profits .. .. 6,396 j 2,766,344 62,501 53,596 j 1,367,286 j 772,414 662,094 705,192 ! I ; i Reserve for prepaid loading, under average lives, &c. .. .. .. .. .. .. 61,560 1 .. j .. 61,560 j : I I Total assurances .. .. .. .. 69,510 25,051,292 634,707 475,820 114,761,229 j 7,744,941 5,712,346 9,048,883 ANNUITIES. Immediate .. .. .. .. .. .. 469 29,964 .. I; 273,233 .. .. 273,233 Deferred.. .. .. .. .. .. .. 2 1,304 36 31 !i 11,515 389 346 11,169 * Contingent .. .. .. .. .. .. .. 37,624 2,068 .. !| 4,137 ! .. .. 4,137 Annuity certain .. .. .. .. .. .. 1 180 .. .. 1,266 .. .. 1,266 Total annuities .. .. .. .. 472 69,072 2,104 31 290,151 i 389 346 289,805 25,051,292 | Total of results .. .. .. .. 69,982 and i 636,811 475,852 1115,051,380 | 7,745,330 5,712,692 19,338,688 £69,072 p.a. ; * These annuities are part of family income assurance contracts —the basic assurances in each case have been included under their respective classes above.