TABLE L11: LIFE INSURANCE: SELECTED INDICATORS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2000 (PER CENT) ---------------------------------------------------------------------------------------------------------------------------------- NEW SUMS NEW ANNUAL INSURED PREMIUMS AS A AS A PERCENTAGE PERCENTAGE OF SUMS OF ANNUAL GROWTH RATE COMMISSION RATE EXPENSE RATE INSURED PREMIUMS OF BUSINESS --------------------- ----------------------- IN FORCE IN FORCE IN FORCE INDIVIDUAL GROUP (see 4) AGENCY- AT AT ----------------- ------------- ------- RELATED MANAGEMENT 2-YEAR BEGINNING BEGINNING SUMS ANNUAL FIRST EXPENSE EXPENSE PERSISTENCY COMPANY OF YEAR OF YEAR INSURED PREMIUMS YEAR RENEWAL RATE RATE RATE (see 2) (see 3) (see 5) (see 6) (see 7) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ---------------------------------------------------------------------------------------------------------------------------------- DIRECT INSURERS =============== AIA 12.03 10.79 5.79 1.68 69.67 9.15 11.23 0.99 4.18 92.6 ASIA LIFE 32.68 17.89 17.33 11.08 64.56 5.26 12.73 0.55 11.91 89.8 AXA LIFE S'PORE 29.72 30.34 26.69 27.05 43.62 10.36 4.64 1.66 10.40 93.8 CHINA LIFE 0.00 0.00 -63.64 -62.41 - 0.00 - 0.00 597.67 - GREAT EASTERN LIFE 12.06 17.58 7.63 12.75 23.09 2.43 -2.84 0.38 2.18 94.3 ICS 11.62 7.80 10.77 4.52 86.65 4.01 8.87 0.61 2.88 96.9 JOHN HANCOCK 22.09 16.33 12.24 9.06 54.59 8.98 - 2.39 5.41 88.1 KEPPEL 19.53 16.93 19.22 9.42 67.90 9.54 11.30 0.38 3.37 93.0 NTUC INCOME 15.94 15.71 12.94 11.68 54.70 2.61 2.65 0.00 3.22 92.2 OAC 19.51 9.40 11.74 3.64 80.50 4.39 7.84 0.31 4.36 84.6 OUB MANULIFE 14.10 17.96 1.97 11.67 67.70 7.58 30.47 1.73 7.10 85.9 PRUDENTIAL 17.77 17.91 13.58 12.96 57.16 9.07 8.56 1.04 2.92 94.5 TAI PING LIFE - - - - - - - - - - UOB LIFE 18.07 29.95 8.13 25.47 10.20 0.09 7.66 0.81 1.97 96.2 REINSURERS ========== ALLIANZ AG - - - - - - - - - - COLOGNE RE 23.20 31.68 13.06 37.63 51.97 22.92 20.34 0.00 3.06 - GE FRANKONA REASSURANCE 15.68 32.43 -5.59 6.59 61.97 - 4.97 0.00 23.12 - GERLING GLOBAL RE 158.77 114.93 -27.94 -45.67 50.00 0.00 28.63 0.00 53.77 - LE MANS RE - - - - - - 0.00 0.00 50.65 - LINCOLN NATIONAL 1 0.65 58.03 -2.32 53.37 - 0.03 - 0.00 23.40 - MUNICH RE 14.38 17.01 -24.11 21.15 34.72 24.04 47.94 9.48 0.12 - PARTNER RE 54.37 2,726.85 954.37 2,889.34 50.00 0.00 18.17 0.00 82.62 - SCOR 269.14 183.92 22.89 -33.55 118.19 0.00 -1.15 0.00 8.12 - SWISS RE 14.69 12.28 -40.15 -15.04 3.96 37.03 89.08 0.00 16.89 - Notes: 1. On run-off 2. First Year Commission Rate = First Year Commissions As A Percentage Of First Year Premiums For The Year. 3. Renewal Commission Rate = Renewal Commissions As A Percentage Of Renewal Premiums For The Year. 4. Group Commission Rate = Group Commissions As A Percentage Of Group Premiums For The Year. 5. Agency-Related Expense Rate = Agency-Related Expenses As A Percentage Of Premium Income For The Year. 6. Management Expense Rate = Management Expenses As A Percentage Of Premium Income For The Year. 7. Average 2-Year Persistency Rate = Percentage Of Premiums In Force At The End Of One Year After The Year Of Issue.