TABLE G2: GENERAL INSURANCE: ADMITTED ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2000 (PART 1) ($'000) ------------------------------------------------------------------------------------------------------------------------------------ LIABILITIES ----------------------------------------------------------------------------- BALANCE OF LOSS RESERVES REVENUE ACCOUNTS RESERVES FOR & TOTAL ADMITTED AND OTHER UNEXPIRED REINSURANCE OUTSTANDING OTHER ASSETS/ COMPANY RESERVES RISKS DEPOSITS CLAIMS LIABILITIES LIABILITIES (1) (2) (3) (4) (5) (6) ------------------------------------------------------------------------------------------------------------------------------------ DIRECT INSURERS =============== LOCAL COMPANIES --------------- ACE INSURANCE 24,030 22,007 0 5,159 11,694 62,890 ALLIANZ SINGAPORE 28,245 8,281 1,960 19,052 19,591 77,129 ASIA 51,699 27,090 2,509 60,975 9,997 152,270 ASIA LTD 0 0 0 0 0 0 AXA SINGAPORE 56,682 29,714 1,556 76,346 14,539 178,837 COSMIC 26,607 16,342 775 39,401 6,063 89,188 ECICS-COFACE 8,941 322 0 0 417 9,680 FIRST CAPITAL 14,910 4,002 33 12,800 4,256 36,001 GREAT EASTERN LIFE 13,017 9,135 9 5,276 6,263 33,700 HARTFORD (S) 31,720 8,050 264 45,410 3,723 89,167 ICS 60,239 22,434 3,386 46,075 20,332 152,466 INDIA INTERNATIONAL 78,972 9,276 3,315 117,290 19,458 228,311 KEMPER INTERNATIONAL 4,867 3,572 0 5,778 1,025 15,242 KEPPEL 31,865 8,899 131 40,750 13,049 94,694 LIBERTY CITYSTATE 16,668 7,825 1,276 20,630 4,011 50,410 MITSUI (ASIA) 24,864 11,998 2,738 32,107 7,688 79,395 NANYANG 10,893 3,352 352 17,304 2,825 34,726 NTUC INCOME 211,590 80,272 2,427 167,337 4,005 465,631 OAC 40,602 6,472 621 19,392 13,583 80,670 OUI 33,517 8,834 1,814 21,359 10,646 76,170 ROYAL & SUN ALLIANCE 30,271 10,671 3,363 37,279 19,505 101,089 SAGI 1 3,677 0 1 73 530 4,281 SAGI-CAPTIVE 2 7,895 4,078 0 13,482 2,676 28,131 STANDARD ASIA 5,553 36 0 502 3,285 9,376 TOKIO MARINE & FIRE (S) 17,222 10,168 2,399 5,832 6,961 42,582 UOI 31,509 5,132 1,021 16,278 5,320 59,260 WINTERTHUR (FE) 19,375 2,919 0 9,194 2,278 33,766 YASUDA (ASIA) 29,893 3,228 0 5,679 3,382 42,182 ZURICH 13,696 8,926 3,078 13,613 8,374 47,687 ----------- ----------- ---------- ----------- ------------ ------------ SUBTOTAL 929,019 333,035 33,028 854,373 225,476 2,374,931 ----------- ----------- ---------- ----------- ------------ ------------ FOREIGN COMPANIES ----------------- AIA 34,665 33,735 0 3,507 9,617 81,524 AMERICAN HOME 44,203 38,842 1,485 48,721 21,708 154,959 CGU 54,718 21,482 400 53,672 16,585 146,857 CHINA -4,754 16,930 11,063 39,305 22,538 85,082 EULER TRADE 4,887 99 0 0 339 5,325 FEDERAL 7,399 4,509 0 12,498 9,510 33,916 HSBC 8,473 2,394 36 7,533 3,465 21,901 ING INSURANCE 17,986 10,681 0 14,091 10,084 52,842 LONPAC 6,056 1,602 933 3,314 2,464 14,369 MAYBAN 17,228 6,782 722 11,427 2,066 38,225 NIPPONKOA 17,834 3,248 0 9,877 6,755 37,714 QBE 16,668 6,925 0 15,894 12,270 51,757 SUMITOMO MARINE & FIRE 19,532 9,583 0 9,808 3,938 42,861 TAI PING 18,745 14,819 1,306 24,001 4,697 63,568 TT CLUB 1,496 157 0 139 392 2,184 UK CLUB 1,666 0 0 260 5,148 7,074 WING ON FIRE & MARINE 5,616 2,548 1 8,214 1,708 18,087 ----------- ----------- ---------- ----------- ------------ ------------ SUBTOTAL 272,418 174,336 15,946 262,261 133,284 858,245 ----------- ----------- ---------- ----------- ------------ ------------ INSURERS TOTAL 1,201,437 507,371 48,974 1,116,634 358,760 3,233,176 ----------- ----------- ---------- ----------- ------------ ------------ PROFESSIONAL REINSURERS ======================= LOCAL COMPANIES --------------- ASEAN RE 3 3,581 141 97 3,361 1,208 8,388 AXA CORPORATE SOLUTIONS 5,380 4,045 0 16,555 3,260 29,240 EQUATORIAL RE 3 6,470 14 0 5,230 1,958 13,672 HAFFINA RE 3 1,012 0 0 1,158 1,106 3,276 RELIANCE NATIONAL ASIA RE 3 2,277 -34 0 1,485 1,295 5,023 SCOR RE A P 4,981 998 79 8,108 459 14,625 SINGAPORE RE 32,374 17,768 1,329 52,771 5,981 110,223 ----------- ----------- ---------- ----------- ------------ ------------ SUBTOTAL 56,075 22,932 1,505 88,668 15,267 184,447 ----------- ----------- ---------- ----------- ------------ ------------ FOREIGN COMPANIES ----------------- ALEA EUROPE 1,661 750 0 3,434 573 6,418 ALLIANZ AUSTRALIA 3 6,077 2 0 421 456 6,956 ALLIANZ AG 551 1,214 1,331 4,732 5,172 13,000 AMERICAN RE 3,304 255 0 4,964 762 9,285 CENTRAL RE 1,256 13 0 13 225 1,507 CNA RE 1,803 636 0 2,031 153 4,623 COLOGNE RE 31,903 6,477 0 29,656 5,421 73,457 COPENHAGEN RE 1,315 1,233 478 3,714 937 7,677 CTR 2,075 847 0 5,142 713 8,777 ERC FRANKONA REINSURANCE 0 0 0 0 0 0 EVEREST RE 1,080 1,206 0 2,901 3,190 8,377 FOLKSAM INTERNATIONAL 9,564 1,775 259 8,114 1,270 20,982 GE FRANKONA REASSURANCE 1,412 1,017 0 382 190 3,001 GE FRANKONA REINSURANCE 7,256 3,414 19 13,567 4,722 28,978 GE RE CORP 3 1,635 3 2 307 13 1,960 GENERALI 4,326 160 0 801 71 5,358 GERLING GLOBAL RE 2,048 1,415 0 6,282 1,655 11,400 KOREAN RE 1,669 429 0 2,035 142 4,275 LE MANS RE 4,257 799 0 6,867 1,607 13,530 MUNICH RE 31,980 9,947 0 41,228 5,295 88,450 NEW RE 1,896 561 0 1,567 43 4,067 PARTNER RE 1,229 420 0 2,055 2 3,706 R&V 1,344 858 0 3,014 448 5,664 ROYAL & SUN ALLIANCE RE 13,568 1,023 0 8,000 1,871 24,462 SIRIUS INTERNATIONAL 946 386 0 1,002 541 2,875 SOREMA 3,544 658 0 2,559 565 7,326 ST PAUL FIRE & MARINE 4,003 984 0 4,035 0 9,022 SUN ALLIANCE LONDON 2,193 2,393 0 8,152 3,843 16,581 SWISS RE 11,743 7,270 0 18,645 3,821 41,479 SYDNEY RE 1,506 261 0 2,868 165 4,800 TELA VERSICHERUNG 3 1,186 7 0 4 109 1,306 TOA RE 2,568 4,635 0 9,737 1,057 17,997 XL RE 1,538 281 0 1,087 38 2,944 YASUDA FIRE & MARINE 2,213 891 0 4,098 437 7,639 ZURICH (RE) 2,279 1,258 0 3,554 468 7,559 ----------- ----------- ---------- ----------- ------------ ------------ SUBTOTAL 166,928 53,478 2,089 206,968 45,975 475,438 ----------- ----------- ---------- ----------- ------------ ------------ REINSURERS TOTAL 223,003 76,410 3,594 295,636 61,242 659,885 ----------- ----------- ---------- ----------- ------------ ------------ GRAND TOTAL 1,424,440 583,781 52,568 1,412,270 420,002 3,893,061 =========== =========== ========== =========== ============ ============ AS A PERCENTAGE OF TOTAL ADMITTED ASSETS/LIABILITIES 36.59 15.00 1.35 36.28 10.78 100.00 TABLE G2: GENERAL INSURANCE: ADMITTED ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2000 (PART 2) ($'000) ------------------------------------------------------------------------------------------------------------------------------------ ADMITTED ASSETS ---------------------------------------------------------------------------------------------------- GOVERNMENT SECURITIES OTHER OUTSTANDING & PUBLIC SECURITIES CASH PREMIUMS LAND & AUTHORITY EQUITY OF AND & AGENTS' OTHER COMPANY BUILDINGS LOANS SECURITIES SHARES COMPANIES DEPOSITS BALANCES ASSETS (7) (8) (9) (10) (11) (12) (13) (14) ------------------------------------------------------------------------------------------------------------------------------------ DIRECT INSURERS =============== LOCAL COMPANIES --------------- ACE INSURANCE 0 101 21,980 95 18,730 20,196 305 1,483 ALLIANZ SINGAPORE 0 86 2,642 17,301 7,440 43,850 3,055 2,755 ASIA 15,375 3,000 1,000 50,220 15,184 58,377 7,119 1,995 ASIA LTD 0 0 0 0 0 0 0 0 AXA SINGAPORE 19,768 0 29,508 6,695 48,053 51,416 9,607 13,790 COSMIC 19,274 2,042 1,000 37,619 7,776 14,268 5,549 1,660 ECICS-COFACE 0 0 0 0 0 9,500 103 77 FIRST CAPITAL 0 0 500 7,909 12,490 12,761 1,338 1,003 GREAT EASTERN LIFE 0 0 6,130 0 1,996 22,321 2,540 713 HARTFORD (S) 0 85 5,200 10,366 37,974 27,661 2,882 4,999 ICS 41,117 1,055 1,499 18,146 44,610 36,213 8,092 1,734 INDIA INTERNATIONAL 0 63,032 10,385 19,392 56,843 68,678 2,930 7,051 KEMPER INTERNATIONAL 0 0 4,732 0 0 8,699 1,045 766 KEPPEL 0 86 14,966 21,239 40,032 10,425 3,360 4,586 LIBERTY CITYSTATE 13,746 420 7,574 600 18,116 3,968 3,365 2,621 MITSUI (ASIA) 1,900 114 16,986 4,188 32,200 17,173 4,563 2,271 NANYANG 9,944 0 3,354 11,014 5,048 2,590 1,494 1,282 NTUC INCOME 0 27,188 0 232,630 111,278 80,227 11,254 3,054 OAC 0 232 1,000 27,292 30,958 12,827 2,423 5,938 OUI 13,965 0 1,300 23,220 8,198 25,628 2,873 986 ROYAL & SUN ALLIANCE 0 87 28,173 4,196 51,697 9,734 5,332 1,870 SAGI 1 0 0 40 0 0 3,814 4 423 SAGI-CAPTIVE 2 0 0 401 5,465 6,908 13,155 12 2,190 STANDARD ASIA 0 0 4,845 0 406 3,702 344 79 TOKIO MARINE & FIRE (S) 0 0 1,992 442 1,032 31,734 3,500 3,882 UOI 303 43 4,661 17,864 17,426 16,219 1,982 762 WINTERTHUR (FE) 0 100 5,400 152 8,590 17,963 1,225 336 YASUDA (ASIA) 0 0 3,132 0 4,309 32,903 1,373 465 ZURICH 0 0 19,966 7,225 6,399 9,367 3,698 1,032 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- SUBTOTAL 135,392 97,671 198,366 523,270 593,693 665,369 91,367 69,803 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- FOREIGN COMPANIES ----------------- AIA 0 3,000 25,991 0 30,716 20,568 0 1,249 AMERICAN HOME 14,032 2,901 23,530 9,141 50,152 37,482 13,169 4,552 CGU 37,443 61 15,950 33,703 6,000 43,709 8,165 1,826 CHINA 13,372 91 500 7,293 6,090 29,153 9,864 18,719 EULER TRADE 0 0 5,000 0 0 224 18 83 FEDERAL 0 86 9,779 646 0 21,108 1,754 543 HSBC 0 0 950 0 3,606 16,028 1,036 281 ING INSURANCE 0 450 8,443 77 23,430 15,840 3,404 1,198 LONPAC 1,671 149 100 869 4,177 6,635 632 136 MAYBAN 630 1 2,105 3,030 5,042 24,576 1,949 892 NIPPONKOA 0 0 200 184 500 35,200 1,129 501 QBE 0 85 200 11,255 1,959 34,293 3,461 504 SUMITOMO MARINE & FIRE 0 0 1,850 0 0 37,497 3,338 176 TAI PING 11,309 209 3,300 7,885 14,478 20,715 4,016 1,656 TT CLUB 0 0 0 0 0 1,864 319 1 UK CLUB 0 0 0 0 0 6,377 697 0 WING ON FIRE & MARINE 0 0 1,000 3,984 2,500 8,372 915 1,316 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- SUBTOTAL 78,457 7,033 98,898 78,067 148,650 359,641 53,866 33,633 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- INSURERS TOTAL 213,849 104,704 297,264 601,337 742,343 1,025,010 145,233 103,436 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- PROFESSIONAL REINSURERS ======================= LOCAL COMPANIES --------------- ASEAN RE 3 0 0 0 0 499 7,349 17 523 AXA CORPORATE SOLUTIONS 0 0 5,796 6,363 12,024 3,414 1,284 359 EQUATORIAL RE 3 0 0 160 1,516 7,128 4,505 4 359 HAFFINA RE 3 0 0 120 0 856 2,223 0 77 RELIANCE NATIONAL ASIA RE 3 0 0 1,213 0 0 3,597 101 112 SCOR RE A P 0 0 3,754 0 0 7,900 535 2,436 SINGAPORE RE 460 0 25,158 7,709 50,612 9,471 5,793 11,020 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- SUBTOTAL 460 0 36,201 15,588 71,119 38,459 7,734 14,886 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- FOREIGN COMPANIES ----------------- ALEA EUROPE 0 0 249 400 1,050 4,212 253 254 ALLIANZ AUSTRALIA 3 0 0 0 0 0 6,778 0 178 ALLIANZ AG 0 0 2,000 0 0 9,656 1,311 33 AMERICAN RE 0 0 0 0 0 9,002 198 85 CENTRAL RE 0 0 0 0 0 1,476 4 27 CNA RE 0 0 0 0 0 4,404 145 74 COLOGNE RE 0 0 57,357 10 10,488 2,709 2,190 703 COPENHAGEN RE 0 82 0 0 1,584 5,517 410 84 CTR 0 0 1,724 0 0 6,626 282 145 ERC FRANKONA REINSURANCE 0 0 0 0 0 0 0 0 EVEREST RE 0 0 0 0 0 7,893 377 107 FOLKSAM INTERNATIONAL 0 86 0 0 2,506 16,976 866 548 GE FRANKONA REASSURANCE 0 0 0 0 0 3,000 1 0 GE FRANKONA REINSURANCE 0 0 1,205 0 1,892 24,192 1,079 610 GE RE CORP 3 0 0 0 0 0 1,960 0 0 GENERALI 0 0 350 125 0 4,785 53 45 GERLING GLOBAL RE 0 0 150 570 5,869 4,300 409 102 KOREAN RE 0 43 950 0 0 2,923 140 219 LE MANS RE 0 0 3,693 499 6,362 2,449 296 231 MUNICH RE 0 0 10,000 33,571 0 42,070 2,508 301 NEW RE 0 0 0 0 0 3,848 167 52 PARTNER RE 0 0 0 0 0 3,307 207 192 R&V 0 0 1,919 0 0 3,091 282 372 ROYAL & SUN ALLIANCE RE 0 94 1,496 0 15,140 6,371 322 1,039 SIRIUS INTERNATIONAL 0 0 0 0 0 2,469 133 273 SOREMA 0 0 4,500 0 0 2,585 83 158 ST PAUL FIRE & MARINE 0 0 7,761 0 0 914 308 39 SUN ALLIANCE LONDON 0 0 0 0 999 14,155 878 549 SWISS RE 0 0 19,074 9,437 0 8,914 2,466 1,588 SYDNEY RE 0 0 0 0 0 4,144 176 480 TELA VERSICHERUNG 3 0 0 0 0 0 1,270 37 -1 TOA RE 0 0 9,744 0 0 6,698 1,364 191 XL RE 0 0 0 0 1,063 1,785 74 22 YASUDA FIRE & MARINE 0 0 0 0 0 7,279 267 93 ZURICH (RE) 0 0 2,722 172 0 4,208 411 46 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- SUBTOTAL 0 305 124,894 44,784 46,953 231,966 17,697 8,839 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- REINSURERS TOTAL 460 305 161,095 60,372 118,072 270,425 25,431 23,725 ---------- ---------- ------------ ---------- ---------- ----------- ---------- ---------- GRAND TOTAL 214,309 105,009 458,359 661,709 860,415 1,295,435 170,664 127,161 ========== ========== ============ ========== ========== =========== ========== ========== AS A PERCENTAGE OF TOTAL ADMITTED ASSETS/LIABILITIES 5.50 2.70 11.77 17.00 22.10 33.28 4.38 3.27 Notes : 1. Figures are in respect of run-off of commercial business. 2. Figures are in respect of group business only. 3. On run-off. 4. ICS Re and RMCA Re are under Schemes of Arrangement and exempted from submission of returns.