H—B

Revenue Account of the Government Life Insurance Department for the Year ended 31st December, 1946 £ £ Amount of funds at Ist January, 1946 .. .. .. 13,508,403 Death claims under assurance policies, including bonus Renewal premiums: Assurance, annuity and endowment, less additions .. .. .. .. .. .. 280,857 reinsurance premiums .. .. .. .. 921,850 Endowment assurances matured, including bonus additions 430,641 New premiums (including instalments of first year's premiums Endowments matured . . .. .. .. .. 11,850 falling due in the year), less reinsurance premiums .. 129,005 Premiums returned on endowments .. .. .. 938 Single premiums: Assurance and endowment .. .. 75,601 Bonuses surrendered for cash .. .. .. .. 1,305 Consideration for annuities .. .. .. .. 37,776 Annuities .. .. .. .. .. .. £ Surrenders .. .. .. .. .. .. 47,037 Interest, rent, and other income .. .. 549, 628 Loans released by surrender . . .. .. .. 27,287 Less property expenses .. .. .. 7,998 Commission— £ 541,630 New .. .. .. .. .. 92,574 Renewal .. .. .. .. .. 8,510 101,084 Contribution to Public Service Superannuation Fund .. 751 Land and income tax . . .. .. .. .. 52,406 Agents'retiring-allowances .. .. .. .. 2,457 Expenses of management .. .. .. .. 101,787 War-damage-insurance premiums .. .. .. 789 Property depreciation .. .. .. .. .. 6,701 Amount of funds at 31st December, 1946 .. .. 14,110,517 £15,214,265 £15,214,265

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