TABLE L10: LIFE INSURANCE VALUATION REPORTS (PART 1) ($'000) ----------------------------------------------------------------------------------------------------------------------------------- PARTICULARS OF VALUATION VALUATION BASIS (LESS RE-INSURANCES) ------------------------------------- ---------------------------------------------------- TOTAL SUMS INSURED ANNUITIES TOTAL TOTAL DATE OF AND PER OFFICE NET COMPANY VALUATION INSURANCE ANNUITIES BONUSES ANNUM PREMIUMS PREMIUMS (1) (2) (3) (4) (5) (6) ----------------------------------------------------------------------------------------------------------------------------------- DIRECT INSURERS =============== AIA 31.12.1 CVT 92 4% a(90) 5% 89,518,646 6,624 1,778,105 1,052,218 ASIA LIFE 31.12.1 CVT 92 4% a(90) 5% 7,258,744 2,783 67,059 28,772 AXA LIFE S'PORE 31.12.1 CVT 92 4% - - 5,368,544 0 105,577 73,880 CHINA LIFE 31.12.1 CVT 92 4% - - 20 0 1 0 GREAT EASTERN LIFE 31.12.1 CVT 92 4% a(90) 5% 55,628,579 25,746 1,345,243 863,539 ICS 31.12.1 CVT 92 4% a(90) 5% 24,381,696 5,188 127,298 96,315 JOHN HANCOCK 31.12.1 CVT 92 4% - - 3,655,125 0 77,540 31,025 KEPPEL 31.12.1 CVT 92 4% a(90) 5% 5,149,428 1,446 53,166 19,257 NTUC INCOME 31.12.1 CVT 92 4% a(90) 5% 50,219,975 72,552 654,305 407,822 OAC 31.12.1 CVT 92 4% a(90) 5% 5,476,617 3,172 117,137 72,131 OUB MANULIFE 31.12.1 CVT 92 4% - - 3,431,369 0 70,525 49,027 PRUDENTIAL 31.12.1 CVT 92 4% a(90) 5% 46,229,966 2,775 816,999 338,519 UOB LIFE 31.12.1 CVT 92 4% a(90) 5% 2,341,977 27,151 9,199 6,251 REINSURERS ========== ALLIANZ AG 31.12.1 - - - - 0 0 0 0 COLOGNE RE 31.12.1 - - - - 1,659,935 0 12,163 0 GE FRANKONA REASSURANCE 31.12.1 - - - - 1,042,620 0 1,878 0 GERLING GLOBAL RE 31.12.1 - - - - 692,520 0 554 0 LE MANS RE 31.12.1 - - - - 429,411 0 323 0 MUNICH RE 31.12.1 - - - - 2,429,586 0 4,727 0 PARTNER RE 31.12.1 - - - - 94,923 0 102 0 SCOR 31.12.1 - - - - 48,423 0 488 0 SWISS RE 31.12.1 - - - - 7,013,926 0 21,652 0 TABLE L10: LIFE INSURANCE VALUATION REPORTS (PART 2) ($'000) ----------------------------------------------------------------------------------------------------------------------------- PARTICULARS OF VALUATION (LESS RE-INSURANCE) ------------------------------------------------ PRESENT VALUE OF SUMS INSURED, PRESENT BALANCE SURPLUS ANNUITIES VALUE OF OF AT PER ANNUM FUTURE NET REVENUE SURPLUS VALUATION COMPANY AND BONUSES PREMIUMS LIABILITY ACCOUNT ARISING DATE (7) (8) (9) (10) (11) (12) ----------------------------------------------------------------------------------------------------------------------------- DIRECT INSURERS =============== AIA 19,506,646 10,680,181 8,826,465 9,997,370 553,630 1,170,905 ASIA LIFE 931,537 296,866 634,671 725,498 28,820 91,896 AXA LIFE S'PORE 1,535,382 715,233 820,149 851,616 27,072 33,134 CHINA LIFE 8 1 7 436 6 429 GREAT EASTERN LIFE 18,318,758 7,756,931 10,561,826 11,691,289 386,657 1,153,166 ICS 2,375,000 702,365 1,672,635 1,744,293 28,569 72,488 JOHN HANCOCK 1,010,726 394,047 616,680 700,503 43,133 85,904 KEPPEL 779,586 191,035 588,551 607,031 -338 18,481 NTUC INCOME 12,823,171 5,106,863 7,716,308 8,333,674 265,108 625,306 OAC 2,166,195 753,761 1,412,435 1,533,027 62,675 124,227 OUB MANULIFE 812,825 369,943 442,882 458,579 10,382 16,165 PRUDENTIAL 10,498,974 4,297,342 6,201,632 6,512,552 91,050 310,920 UOB LIFE 875,384 45,955 829,429 830,040 -10,304 611 REINSURERS ========== ALLIANZ AG 0 0 0 18 8 18 COLOGNE RE 16,816 0 16,816 19,038 -1,919 2,222 GE FRANKONA REASSURANCE 1,437 0 1,437 7,940 3,204 6,503 GERLING GLOBAL RE 451 0 451 2,279 650 3,328 LE MANS RE 374 0 374 122 -361 -252 MUNICH RE 2,652 0 2,652 3,454 709 802 PARTNER RE 19 0 19 113 91 94 SCOR 320 0 320 2,300 261 1,980 SWISS RE 23,623 0 23,623 44,602 3,281 20,980