TABLE L3: LIFE INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2000 (PART 1) ($'000) ------------------------------------------------------------------------------------------------- LIABILITIES ------------------------------------------------- BALANCE OF REVENUE ACCOUNT TOTAL & OTHER OUTSTANDING OTHER ASSETS/ COMPANY RESERVES CLAIMS LIABILITIES LIABILITIES (1) (2) (3) (4) ------------------------------------------------------------------------------------------------- DIRECT INSURERS =============== LOCAL COMPANIES --------------- ASIA LIFE 440,960 2,613 12,610 456,183 AXA LIFE S'PORE 574,640 8,257 34,962 617,858 GREAT EASTERN LIFE 9,050,729 453,411 301,952 9,806,092 ICS 1,288,517 13,469 35,527 1,337,513 JOHN HANCOCK 371,893 2,419 15,607 389,920 KEPPEL 432,275 1,821 19,057 453,154 NTUC INCOME 5,959,026 12,973 40,253 6,012,252 OAC 888,481 3,700 47,420 939,602 OUB MANULIFE 323,250 1,276 16,678 341,204 PRUDENTIAL 4,954,924 21,826 135,024 5,111,774 UOB LIFE 394,721 2,282 17,320 414,323 ---------------- ------------- -------------- --------------- SUBTOTAL 24,679,416 524,047 676,410 25,879,875 ---------------- ------------- -------------- --------------- FOREIGN COMPANIES ----------------- AIA 7,584,425 45,525 1,027,903 8,657,853 AXA LIFE 0 0 0 0 CHINA LIFE 429 14 2,031 2,474 TAI PING LIFE 21 20 233 274 ---------------- ------------- -------------- --------------- SUBTOTAL 7,584,875 45,559 1,030,167 8,660,601 ---------------- ------------- -------------- --------------- INSURERS TOTAL 32,264,291 569,606 1,706,577 34,540,476 ---------------- ------------- -------------- --------------- REINSURERS ========== FOREIGN COMPANIES ----------------- ALLIANZ AG 10 0 0 10 COLOGNE RE 6,160 394 2,776 9,330 GE FRANKONA REASSURANCE 4,648 1,107 3,067 8,822 GERLING GLOBAL RE 2,872 0 282 3,154 LE MANS RE 116 0 119 235 LINCOLN NATIONAL 1 283 0 0 283 MUNICH RE 3,473 0 966 4,439 PARTNER RE 19 0 0 19 SCOR 1,934 88 130 2,152 SWISS RE 41,356 0 2,401 43,757 ---------------- ------------- -------------- --------------- SUBTOTAL 60,871 1,589 9,741 72,201 ---------------- ------------- -------------- --------------- REINSURERS TOTAL 60,871 1,589 9,741 72,201 ---------------- ------------- -------------- --------------- GRAND TOTAL 32,325,162 571,195 1,716,318 34,612,677 ================ ============= ============== =============== TABLE L3: LIFE INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2000 (PART 2) ($'000) ---------------------------------------------------------------------------------------------------- ADMITTED ASSETS ------------------------------------------------------------------------ GOVT SEC. & PUBLIC LAND AND MORTGAGE POLICY OTHER AUTHORITY COMPANY BUILDINGS LOANS LOANS LOANS SECURITIES (5) (6) (7) (8) (9) ---------------------------------------------------------------------------------------------------- DIRECT INSURERS =============== LOCAL COMPANIES --------------- ASIA LIFE 40,012 8,798 30,595 6,412 2,500 AXA LIFE S'PORE 5,581 0 18,548 5,181 7,267 GREAT EASTERN LIFE 785,102 1,051,592 673,482 147,864 775,436 ICS 43,196 364 57,565 10,000 170,793 JOHN HANCOCK 9,610 701 16,572 345 30,287 KEPPEL 0 0 5,256 86 32,416 NTUC INCOME 467,457 554,879 341,191 547,980 548 OAC 0 0 43,126 49,339 22,599 OUB MANULIFE 0 0 23,417 90 42,135 PRUDENTIAL 180,681 1,748 269,235 40,844 160,918 UOB LIFE 0 0 731 1,000 49,491 ------------- ------------- ------------- ------------- ------------- SUBTOTAL 1,531,639 1,618,082 1,479,718 809,141 1,294,390 ------------- ------------- ------------- ------------- ------------- FOREIGN COMPANIES ----------------- AIA 298,180 258,620 389,913 119,547 2,515,519 AXA LIFE 0 0 0 0 0 CHINA LIFE 0 0 3 0 750 TAI PING LIFE 0 0 0 0 0 ------------- ------------- ------------- ------------- ------------- SUBTOTAL 298,180 258,620 389,916 119,547 2,516,269 ------------- ------------- ------------- ------------- ------------- INSURERS TOTAL 1,829,819 1,876,702 1,869,634 928,688 3,810,659 ------------- ------------- ------------- ------------- ------------- REINSURERS ========== FOREIGN COMPANIES ----------------- ALLIANZ AG 0 0 0 0 0 COLOGNE RE 0 0 0 0 6,296 GE FRANKONA REASSURANCE 0 0 0 43 3,473 GERLING GLOBAL RE 0 0 0 0 0 LE MANS RE 0 0 0 0 0 LINCOLN NATIONAL 1 0 0 0 0 0 MUNICH RE 0 0 0 0 0 PARTNER RE 0 0 0 0 0 SCOR 0 0 0 0 0 SWISS RE 0 0 0 0 25,195 ------------- ------------- ------------- ------------- ------------- SUBTOTAL 0 0 0 43 34,964 ------------- ------------- ------------- ------------- ------------- REINSURERS TOTAL 0 0 0 43 34,964 ------------- ------------- ------------- ------------- ------------- GRAND TOTAL 1,829,819 1,876,702 1,869,634 928,731 3,845,623 ============= ============= ============= ============= ============= TABLE L3: LIFE INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2000 (PART 3) ($'000) -------------------------------------------------------------------------------------- ADMITTED ASSETS ---------------------------------------------------------- OTHER EQUITY SECUR. OF CASH & OTHER COMPANY SHARES COMPANIES DEPOSITS ASSETS (10) (11) (12) (13) -------------------------------------------------------------------------------------- DIRECT INSURERS =============== LOCAL COMPANIES --------------- ASIA LIFE 120,905 118,228 114,297 14,437 AXA LIFE S'PORE 327,994 145,461 89,602 18,225 GREAT EASTERN LIFE 2,671,433 1,743,927 1,803,471 153,785 ICS 190,074 479,539 366,008 19,976 JOHN HANCOCK 118,409 119,970 86,040 7,988 KEPPEL 229,856 110,354 69,355 5,831 NTUC INCOME 1,805,518 1,993,577 231,889 69,213 OAC 263,265 413,467 130,927 16,880 OUB MANULIFE 104,662 122,165 39,084 9,649 PRUDENTIAL 2,286,254 1,827,934 254,384 89,776 UOB LIFE 116,626 172,714 68,641 5,119 ------------- ------------- ------------- -------------- SUBTOTAL 8,234,996 7,247,336 3,253,698 410,879 ------------- ------------- ------------- -------------- FOREIGN COMPANIES ----------------- AIA 1,199,332 2,541,789 1,152,201 182,752 AXA LIFE 0 0 0 0 CHINA LIFE 0 0 1,535 186 TAI PING LIFE 0 0 274 0 ------------- ------------- ------------- -------------- SUBTOTAL 1,199,332 2,541,789 1,154,010 182,938 ------------- ------------- ------------- -------------- INSURERS TOTAL 9,434,328 9,789,125 4,407,708 593,817 ------------- ------------- ------------- -------------- REINSURERS ========== FOREIGN COMPANIES ----------------- ALLIANZ AG 0 0 10 0 COLOGNE RE 0 520 2,141 373 GE FRANKONA REASSURANCE 0 2,058 3,116 132 GERLING GLOBAL RE 0 0 2,910 243 LE MANS RE 0 0 0 235 LINCOLN NATIONAL 1 0 0 269 14 MUNICH RE 0 0 3,625 814 PARTNER RE 0 0 8 10 SCOR 0 0 2,098 55 SWISS RE 10,998 0 6,721 843 ------------- ------------- ------------- -------------- SUBTOTAL 10,998 2,578 20,898 2,719 ------------- ------------- ------------- -------------- REINSURERS TOTAL 10,998 2,578 20,898 2,719 ------------- ------------- ------------- -------------- GRAND TOTAL 9,445,326 9,791,703 4,428,606 596,536 ============= ============= ============= ============== Notes : 1. On run-off In Respect Of Investment Linked Business, All Assets Are Fully Admitted