H—B

H. L. Ryan, Commissioner. S. Beckingsale, F.1.A., Actuary.

Statement of Business for the Year 1946

5

Number. Sum assured. Reversionary Bonuses. Annual Premiums. Annuities. Year 1946. Ordinary. Extra. Immediate. Deferred. Policies issued and discontinued during the Year 1946 £ £ £ s. d. £ s. Policies in force at 31st December, 1945 .. 107,023 40,837,857 4,126,420 958,820 7 9 2,168 4 New business .. .. .. .. 11,217 6,511,227 .. 144,036 5 0 340 18 Bonus allotted .. .. .. .. .. 318,434 d. 2 5 £ s. d. 35,148 14 4 5,894 11 8 £ s. d. 81,458 5 6 37,298 9 8 Total Policies discontinued during 1946 118,240 4,016 47,349,084 1,661,977 4,444,854 208,980 1,102,856 12 9 41,076 16 8 2,509 2 262 13 7 5 41,043 6 0 1,982 0 10 118,756 15 2 4,183 1 0 Total policies in force at 31st December, 1946 114,224 45,687,107 4,235,874 1,061,779 16 1 2,246 9 2 39,061 5 2 114,573 14 2 Pc How discontinued — By death By maturity By surrender By change to other tables By cancellation By lapse By expiry irticulars of 670 1,242 997 121 118 738 130 Policies discontinued during the Year 1946 £ £ £ s. d. £ s. 223,375 68,333 6,729 17 7 34 6 336,509 104,098 12,917 6 3 17 7 451,921 21,745 11,284 8 2 15 18 58,323 3,663 1,327 5 9 51,332 108 1,162 2 5 4 15 328,355 11,033 7,467 18 10 189 18 212,162 .. 187 17 8 0 8 d. 3 9 1 0 4 0 £ s. d. 1,867 8 6 11412 4 £ s. d. 20 0 0 3,268 18 0 454 13 0 439 10 0 Total discontinued during year .. 4,016 1,661,977 208,980 41,076 16 8 262 13 5 1,982 0 10 4,183 1 0 Progress of Business of the Gove Total issued Total void rnment Life 314,382 200,158 Insurance Department « £ £ 102,353,787 11,239,948 56,666,680 7,004,074 rince Date of £ s. d. 2,755,269 1 11 1,693,489 5 10 Establishment to 31st December, 1946 £ s. d. £ s. d. 42,547 1 3 300,248 2 6 40,300 12 1 146,613 3 2 Total in force 114,224 45,687,107 4,235,874 1,061,779 16 1 2,246 9 2 153,634 19 4