H.—B

Statement of Business for the Year 1944

Policies issued and discontinued during the Year 1944

Particulars of Policies discontinued during the Year 1944

Progress of Business of the Government Life Insurance Department since Date of Establishment to 31st December, 1944

3

Annual Premiums. j Annuities. Year, 1044. Number. Sum assured. ' i Ordinary. Extra. | Immediate. Deferred.

£ £ £ s. d. £ s. d. £ s. d. £ a. d Policies in force at 31st 98,477 34,815,381 3,444,497 834,916 1 3 5,325 2 7 35,201 3 6 66,019 .5 10 December, 1943 New business .. .. 7,107 3,842,696 .. 83,458 15 10 150 6 10 1,839 16 10 10,633 12 0 Bonus allotted .. .. .. 793,230 Total.. .. 105,584 38,658,077 4,237,727 918,374 17 1 5,475 9 5 37,041 0 4 76,652 17 10 Policies discontinued 3,691 1,339,369 210,353 31,879 13 7 327 19 1 3,128 3 10 2,128 10 4 during 1944 Total polices in force at 101,893 37,318,708 4,027,374 886,495 3 6 5,147 10 4 33,912 16 0 74,524 7 6 31st December, 1944

How discontinued— £ £ £ s. d. £ s. d. £ s. d. £ s, d By death .. .. 882 284,234 70,681 7,833 19 5 49 5 0 2,932 6 0 By maturity .. 1,179 302,754 94,081 10,357 10 7 18 11 1 By surrender .. 581 228,676 22,783 5,278 17 6 22 12 0 .. 1,847 8 0 By change to other tables 32 14,514 824 360 15 6 2 7 6 .. 144 0 0 By cancellation .. 85 38,244 120 924 0 2 7 2 11 By lapse .. .. 932 470,947 21,864 7,124 10 5 228 0 7 195 17 4 137 2 4 Total discontinued during 3,691 1,339,369 210,353 31,879 13 7 327 19 1 3,128 3 10 2.128 10 4 year 1944

£ £ £ a. d. £ s. d. £ s. d. Total issued .. .. 294,352 90,918,751 10,621,587 2,502,500 2 1 42,047 1 5 245,894 7 6 Total void .. .. 192,459 53,600,043 6,594,213 1,616,004 18 7 36,899 11 1 137,457 3 6 Total in force .. 101,893 37,318,708 4,027,374 886,495 3 6 5,147 10 4 108,437 4 0