TABLE L12: LIFE INSURANCE: TOTAL AND ADMITTED ASSETS OF SINGAPORE INSURANCE FUNDS 
                             AS AT 31ST DECEMBER 2000                                            
                                                                                                                                     
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                                           DIRECT INSURERS                                    REINSURERS                      
                            ------------------------------------------------   ------------------------------------------            
              ITEMS                 TOTAL ASSETS            ADMITTED ASSETS       TOTAL ASSETS          ADMITTED ASSETS              
  -----------------------------------------------------------------------------------------------------------------------            
                                    $'000       %           $'000        %        $'000         %       $'000         %              
                                                                                                                                     
  LAND & BUILDINGS               1,829,819     5.28       1,829,819     5.30            0      0.00            0     0.00            
  LOANS:                                                                                                                             
     MORTGAGE                    1,876,701     5.41       1,876,701     5.43            0      0.00            0     0.00            
     POLICY                      1,869,633     5.39       1,869,633     5.41            0      0.00            0     0.00            
     OTHER                         928,956     2.68         928,688     2.69           43      0.05           43     0.06            
                            --------------   ------   -------------   ------   ----------    ------   ----------   ------            
     TOTAL LOANS                 4,675,290    13.48       4,675,022    13.53           43      0.05           43     0.06            
                            --------------   ------   -------------   ------   ----------    ------   ----------   ------            
  INVESTMENTS:                                                                                                                       
     GOVERNMENT SECURITIES*      3,810,659    10.99       3,810,659    11.03       34,964     42.40       34,964    48.42            
     EQUITY SHARES               9,434,328    27.20       9,434,328    27.31       10,998     13.34       10,998    15.23            
     OTHER SECURITIES            9,789,125    28.23       9,789,125    28.34        4,525      5.49        2,578     3.57            
                            --------------   ------   -------------   ------   ----------    ------   ----------   ------            
     TOTAL INVESTMENTS          23,034,112    66.42      23,034,112    66.69       50,487     61.23       48,540    67.23            
                            --------------   ------   -------------   ------   ----------    ------   ----------   ------            
  CASH & DEPOSITS                4,407,962    12.71       4,407,707    12.76       22,842     27.70       20,900    28.95            
  OTHER ASSETS                     731,667     2.11         593,815     1.72        9,087     11.02        2,720     3.76            
                            --------------   ------   -------------   ------   ----------    ------   ----------   ------            
  TOTAL ASSETS                  34,678,849   100.00      34,540,475   100.00       82,458    100.00       72,203   100.00            
                            ==============   ======   =============   ======   ==========    ======   ==========   ======            
                                                                                                                                     
                                                                                                                                     
                                                                                                                                     
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                                                     TOTAL                                                                           
                            --------------------------------------------------                                                       
              ITEMS                TOTAL ASSETS               ADMITTED ASSETS                                                        
  ----------------------------------------------------------------------------                                                       
                                   $'000        %             $'000        %                                                         
                                                                                                                                     
  LAND & BUILDINGS               1,829,819     5.26         1,829,819     5.29                                                       
  LOANS:                                                                                                                             
     MORTGAGE                    1,876,701     5.40         1,876,701     5.42                                                       
     POLICY                      1,869,633     5.38         1,869,633     5.40                                                       
     OTHER                         928,999     2.67           928,731     2.69                                                       
                            --------------   ------     -------------   ------                                                       
     TOTAL LOANS                 4,675,333    13.45         4,675,065    13.51                                                       
                            --------------   ------     -------------   ------                                                       
  INVESTMENTS:                                                                                                                       
     GOVERNMENT SECURITIES*      3,845,623    11.06         3,845,623    11.11                                                       
     EQUITY SHARES               9,445,326    27.17         9,445,326    27.29                                                       
     OTHER SECURITIES            9,793,650    28.17         9,791,703    28.29                                                       
                            --------------   ------     -------------   ------                                                       
     TOTAL INVESTMENTS          23,084,599    66.41        23,082,652    66.69                                                       
                            --------------   ------     -------------   ------                                                       
  CASH & DEPOSITS                4,430,804    12.75         4,428,607    12.79                                                       
  OTHER ASSETS                     740,754     2.13           596,535     1.72                                                       
                            --------------   ------     -------------   ------                                                       
  TOTAL ASSETS                  34,761,309   100.00        34,612,678   100.00                                                       
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Note:   * Includes Securities issued by Public Authorities.