annual return: form 1 - fund balance sheet .../media/mas/statistics/insurance returns...i553l...

FRIENDS PROVIDENT INTERNATIONAL LTD (SPORE BRANCH)I553L

ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET

Reporting Cycle:

Life: SIF - Participating

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits

Other invested assets

Investment income due or accrued

Outstanding premiums and agents' balances

Deposits withheld by cedants

Reinsurance recoverables (on paid claims)

Income tax recoverables

Fixed assets

Inter-fund balances and intra group balances (due from)

Other assets

Total Assets (1 to 14)

LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims

Annuities due and unpaid

Reinsurance deposits

Amounts owing to insurers

Bank loans and overdrafts

Inter-fund balances and intra-group balances (due to)

Others

Total Liabilities (16 to 23)

SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM



Reporting Cycle:

Life: SIF - Participating 2

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM



Reporting Cycle:

Life: SIF - Non-Participating

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

4,268,787

0

0

4,608

0

0

0

0

0

0

4,273,395

1,293,162

3,620

0

0

0

0

1,310,232

(431,803)

2,175,211

2,098,184

06/08/2015 08:20 AM



Reporting Cycle:

Life: SIF - Investment-Linked

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

466,141,461

4,845,177

0

0

48,772,213

0

681

695,200

0

0

0

0

89,692

171,984

520,716,408

493,138,544

317,176

0

0

0

0

19,185,394

(2,697,848)

509,943,266

10,773,142

06/08/2015 08:20 AM



Reporting Cycle:

Life: OIF - Participating

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM



Reporting Cycle:

Life: OIF - Participating 2

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM



Reporting Cycle:

Life: OIF - Non-Participating

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

0

0

0

0

224,921

0

0

0

0

0

0

0

0

9

224,930

28,885

0

0

0

0

0

40,708

(7,255)

62,338

162,592

06/08/2015 08:20 AM



Reporting Cycle:

Life: OIF - Investment-Linked

122014

Description

ASSETS

Equity securities

Debt securities

Land and buildings

Loans

Cash and deposits







Fixed assets


Other assets


LIABILITIES

Policy liabilities

Other liabilities:

Outstanding claims






Others


SURPLUS (15 - 24)

Annex

1A

1B

1C

1D

1E

1F

1G

1H

1I

1J

1K

1L

1M

1N

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

91,922,955

0

0

0

16,214,661

0

8

50,131

0

0

0

0

322,112

0

108,509,867

92,604,703

57,700

0

0

0

5,706,697

71,756

(389,179)

98,051,677

10,458,190

06/08/2015 08:20 AM


Description

Equity securities other than collective investment schemes

Collective investment schemes

Total (1 to 2) = Row 1 of Form 1

Row No.

1

2

3

Listed

0

0

Unlisted

0

0

Amount

0

0

0

122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES

06/08/2015 08:21:00 AM


Description




Row No.

1

2

3

Listed

0

0

Unlisted

0

0

Amount

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description




Row No.

1

2

3

Listed

30,087,284

436,054,177

Unlisted

0

0

Amount

30,087,284

436,054,177

466,141,461

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description




Row No.

1

2

3

Listed

0

0

Unlisted

0

0

Amount

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description




Row No.

1

2

3

Listed

224,900

91,698,055

Unlisted

0

0

Amount

224,900

91,698,055

91,922,955

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description

Government debt securities

Qualifying debt securities

Other debt securities


Row No.

1

2

3

4

Amount

0

0

0

0

122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES

06/08/2015 08:21:00 AM


Description





Row No.

1

2

3

4

Amount

0

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description





Row No.

1

2

3

4

Amount

0

0

4,845,177

4,845,177

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


Description





Row No.

1

2

3

4

Amount

0

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:00 AM


122014

I553L

Reporting Cycle:

ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS

FRIENDS PROVIDENT INTERNATIONAL LTD (SPORE BRANCH)

Location and Descriptionof Land and Buildings Row No. Cost

LastRevaluation

Date

Last ReportedAmount

Changes fromLast Reported

AmountAmount

Total = Row 3 of Form 1 21 0

06/08/2015 08:21:38 AM


122014

I553L

Reporting Cycle:




LastRevaluation

Date

Last ReportedAmount


AmountAmount


06/08/2015 08:21:38 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS

Description

Policy loans

Mortgage loans

Other secured loans

Unsecured loans


Row No.

1

2

3

4

5

Amount Outstanding

0

0

0

0

Provision for DoubtfulLoans

0

0

0

0

Amount

0

0

0

0

0

06/08/2015 08:21:00 AM


122014


Reporting Cycle:


Description

Policy loans

Mortgage loans

Other secured loans

Unsecured loans


Row No.

1

2

3

4

5

Amount Outstanding

0

0

0

0


0

0

0

0

Amount

0

0

0

0

0

06/08/2015 08:21:00 AM

Life: SIF - Participating 2014 12Reporting Cycle:

I553L

ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS


Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options

Total investments in options (1 to 4)

Futures contracts:

(a) Currency futures contracts

(b) Interest rate futures contracts

(c) Other futures contracts

Total investments in futures contracts (6 to 8)

Forward contracts:

(a) Currency forward contracts

(b) Interest rate forward contracts

(c) Other forward contracts

Total investments in forward contracts (10 to 12)

Swaps:

(a) Interest rate swaps

(b) Currency swaps

(c) Other swaps

Total investments in swaps (14 to 16)

Other derivatives

Total investments in derivatives (5 + 9 + 13 + 17 + 18)

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

NotionalPrincipalAmount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Other invested assets excluding derivatives

06/08/2015 08:21 AM

Total investments in other invested assets excludingderivatives 40 0


06/08/2015 08:21 AM

Life: SIF - Participating 2 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: SIF - Non-Participating 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: SIF - Investment-Linked 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: OIF - Participating 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: OIF - Participating 2 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: OIF - Non-Participating 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

Life: OIF - Investment-Linked 2014 12Reporting Cycle:

I553L



Description

Derivatives

Options:

(a) Call options

(b) Put options

(c) Swaptions

(d) Other options


Futures contracts:





Forward contracts:





Swaps:


(b) Currency swaps

(c) Other swaps


Other derivatives


RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19


0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:21 AM



06/08/2015 08:21 AM

2014 12Reporting Cycle:Life: SIF - Participating


AGENTS' BALANCES OF DIRECT LIFE INSURER

ANNUAL RETURN: ANNEX 1F(a) - AGEING OF OUTSTANDING PREMIUMS AND

Description

In respect of direct business

Bad debts written off during the year

Ageing of outstanding premiums and agents' balances:

Outstanding period

Up to 3 months

Above 3 months but not exceeding 6 months


Above 12 months

Gross total (2 to 5)

Provision for doubtful debts

Total outstanding premiums and agents' balances in respect of directbusiness (6 - 7)

In respect of reinsurance business



Outstanding period

Up to 6 months



Above 24 months



Total outstanding premiums and agents' balances in respect ofreinsurance business (14 - 15)

Total (8 + 16) = Row 8 of Form 1

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Note: For direct insurance business, outstanding period starts from date of commencement of cover.

In respect of reinsurance business, outstanding period commences from the date premiums areaccrued in the books of the licensed insurer.

06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: SIF - Participating 2




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: SIF - Non-Participating




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

4,608

0

0

0

4,608

0

4,608

0

0

0

0

0

0

0

0

4,608



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: SIF - Investment-Linked




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

695,200

0

0

0

695,200

0

695,200

0

0

0

0

0

0

0

0

695,200



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: OIF - Participating




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: OIF - Participating 2




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: OIF - Non-Participating




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0



06/08/2015 08:20 AM

2014 12Reporting Cycle:Life: OIF - Investment-Linked




Description




Outstanding period

Up to 3 months



Above 12 months







Outstanding period

Up to 6 months



Above 24 months





RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Amount

0

50,131

0

0

0

50,131

0

50,131

0

0

0

0

0

0

0

0

50,131



06/08/2015 08:20 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1G - STATEMENT OF REINSURANCE RECOVERABLES

Description

Reinsurance recoveries on unpaid claims

Reinsurance recoverables written off during the year

Ageing of reinsurance recoverables (on paid claims):

Outstanding period

Up to 1 year

Above 1 year but not exceeding 2 years

Above 2 years

Total (3 to 5)

Provision for doubtful reinsurance recoverables

Total (6 - 7) = Row 10 of Form 1

Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

0

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description




Outstanding period

Up to 1 year


Above 2 years

Total (3 to 5)



Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

0

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1H - FIXED ASSETS

Description

Motor vehicles

Computer equipment

Other fixed assets


Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description

Motor vehicles

Computer equipment

Other fixed assets


Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1I - INTER-FUND BALANCES AND

Description

Balances due from head office / shareholders fund

Balances due from overseas branches / related corporations

Balances due from other insurance funds established andmaintained under the Act


Row No.

1

2

3

4

Amount

0

0

0

0

INTRA-GROUP BALANCES (DUE FROM)

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

0

0


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

89,692

89,692


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

0

0


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

322,112

0

0

322,112


06/08/2015 08:21 AM


Description Row No. Amount

Rental Deposit 1 84,984

Prepayment - Annual fees 2 87,000

Total = Row 14 of Form 1 26 171,984

I553L FRIENDS PROVIDENT INTERNATIONAL LTD (SPORE BRANCH)

2014 12

ANNUAL RETURN: ANNEX 1J - BREAKDOWN OF OTHER ASSETS

Reporting Cycle:

06/08/2015 08:21 AM



Sundry Debtors 1 9



2014 12

ANNUAL RETURN: ANNEX 1J - BREAKDOWN OF OTHER ASSETS

Reporting Cycle:

06/08/2015 08:21 AM


Description

Total assets

Balance in the surplus account

Other liabilities

Policy assets (1 - 2 - 3)

Sum of liability in respect of each policy of the participating fund

Minimum condition liability

Policy Liabilities (highest of 4, 5 or 6) = Row 16 of Form 1

Row No.

1

2

3

4

5

6

7

Amount

0

0

0

0

0

0

0

ANNUAL RETURN: ANNEX 1K - POLICY LIABILITIES OF PARTICIPATING FUND

Reporting Cycle:


122014

06/08/2015 08:21 AM


Description

Total assets


Other liabilities





Row No.

1

2

3

4

5

6

7

Amount

0

0

0

0

0

0

0


Reporting Cycle:


122014

06/08/2015 08:21 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1L - INTER-FUND BALANCES AND

Description

Balances due to head office / shareholders fund

Balances due to overseas branches / related corporations

Balances due to other insurance funds established andmaintained under the Act


Row No.

1

2

3

4

Amount

0

0

0

0

INTRA-GROUP BALANCES (DUE TO)

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

0

0


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

1,292,354

0

17,878

1,310,232


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

19,185,394

0

0

19,185,394


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

0

0


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

40,651

0

57

40,708


06/08/2015 08:21 AM


122014


Reporting Cycle:


Description





Row No.

1

2

3

4

Amount

0

0

71,756

71,756


06/08/2015 08:21 AM




Reporting Cycle: 122014


ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS

06/08/2015 08:21 AM







06/08/2015 08:21 AM



Due to brokers (settlements due) 1 19,791

Due to policyholders 2 7,164

Sundry creditors 3 2,387

Translation Gain 4 -461,145

Total = Row 23 of Form 1 26 -431,803




06/08/2015 08:21 AM



Due to Broker (settlements due) 1 831,476


Sundry creditors 3 222,865

Translation Gain 4 -4,101,167

Total = Row 23 of Form 1 26 -2,697,848




06/08/2015 08:21 AM







06/08/2015 08:21 AM



Due to broker (settlements due) 1 635

Due to policyholders 2 873

Sundry Creditors 3 -8,763

Total = Row 23 of Form 1 26 -7,255




06/08/2015 08:21 AM




Sundry creditors 2 79

Translation Gain 3 -403,841

Total = Row 23 of Form 1 26 -389,179




06/08/2015 08:21 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1N - SURPLUS

Description

Surplus at beginning of period

Net income

Transfer (to) from head office / shareholders fund

Surplus at End of Period (1 to 3) = Row 25 of Form 1

Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

2,582,086

-483,902

0

2,098,184

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

13,627,958

-2,854,816

0

10,773,142

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

169,272

-6,680

0

162,592

06/08/2015 08:21 AM


122014


Reporting Cycle:


Description


Net income



Row No.

1

2

3

4

Amount

665,672

425,768

9,366,750

10,458,190

06/08/2015 08:21 AM


122014


Reporting Cycle:

ANNUAL RETURN: ANNEX 1(i) - INFORMATION IN RESPECT OF REDUCTION IN VALUE OF LIABILITIES

DUE TO REINSURANCE CEDED TO REINSURERS IN RESPECT OF LIFE BUSINESS

Description

Licensed insurer

Authorised reinsurer / related corporation / head office/ branch of head office of the licensed insurer

Unlicensed reinsurer

Total (1 to 3)

Row No.

1

2

3

4

Participatingpolicies

0

0

0

0

Non-participatingpolicies

0

0

0

0

Investment-linkedpolicies

0

0

0

0

Amount

0

0

0

0

06/08/2015 08:21:00 AM


122014


Reporting Cycle:



Description

Licensed insurer



Total (1 to 3)

Row No.

1

2

3

4


0

0

0

0


0

0

0

0


0

0

0

0

Amount

0

0

0

0

06/08/2015 08:21:00 AM


122014


Reporting Cycle:



Description

Licensed insurer



Total (1 to 3)

Row No.

1

2

3

4


0

0

0

0


0

0

2,220,223

2,220,223


0

0

0

0

Amount

0

0

2,220,223

2,220,223

06/08/2015 08:21:00 AM


122014


Reporting Cycle:



Description

Licensed insurer



Total (1 to 3)

Row No.

1

2

3

4


0

0

0

0


0

0

0

0


0

0

0

0

Amount

0

0

0

0

06/08/2015 08:21:00 AM


122014


Reporting Cycle:



Description

Licensed insurer



Total (1 to 3)

Row No.

1

2

3

4


0

0

0

0


0

0

58,892

58,892


0

0

0

0

Amount

0

0

58,892

58,892

06/08/2015 08:21:00 AM


122014


Reporting Cycle:



Description

Licensed insurer



Total (1 to 3)

Row No.

1

2

3

4


0

0

0

0


0

0

0

0


0

0

0

0

Amount

0

0

0

0

06/08/2015 08:21:00 AM

Description of Assets and Name of Investee Company

Name of company: -

Equity securities

Debt securities

Secured loans

Unsecured loans


Row No.

1

2

3

4

5

No. of Units

0

0

0

0

0

Cost

0

0

0

0

0

Amount

0

0

0

0

0


A RELATED CORPORATION OF LICENSED INSURER

ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN

Reporting Cycle:

I553L

2014 12


06/08/2015 08:21:43 AM


Name of company: -

Equity securities

Debt securities

Secured loans

Unsecured loans


Row No.

1

2

3

4

5

No. of Units

0

0

0

0

0

Cost

0

0

0

0

0

Amount

0

0

0

0

0




Reporting Cycle:

I553L

2014 12


06/08/2015 08:21:43 AM


I553L

ANNUAL RETURN: NOTES TO FORM 1



Note 1 The aggregate amounts of loans to and amounts due from - Amount

(a) Directors 0

(b) Employees of the licensed insurer 0

Note 3 - Description of any change in accounting policies and methodologies in the valuation ofassets and liabilities and the quantification of their effects.

NIL

Note 4 - Description of any prior adjustment and correction for errors and reasons for theadjustments and corrections.

NIL

Note 5 In respect of financial guarantee business - Amount

(a) where premiums are payable in instalments, the present value of futureinstalment premiums payable by the insured in a future accounting period 0

and discount rate used 0

(b) where the premiums are payable in full at the commencement of the policy ofinsurance, the full amount of the premiums payable by the insured in the accountingperiod in which the policy commences.

0

06/08/2015 08:22 AM


I553L





(a) Directors 0



NIL


NIL





0

06/08/2015 08:22 AM



ANNUAL RETURN: FORM 1 - ADDITIONAL INFORMATION

In line with discussions with MAS, the Head Office had set aside assets amounting to SGD16,019,026 (GBP 7,752,892 equivalent) as additional monies to cover the unsegregated mirrorsfunds in which Singapore Branch's clients have invested.

06/08/2015 08:20 AM


ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT

Reporting Cycle: 12


Description

Gross premiums

Less: Outward reinsurance premiums

Investment revenue

Less: Investment expenses

Other income

Total Income (1 to 5)

Gross claims settled

Less: Reinsurance recoveries

Management expenses

Distribution expenses

Increase (decrease) in net policy liabilities

Provision for doubtful debts/ bad debts written off on receivables

Taxation expenses

Other expenses

Total Outgo (7 to 14)

Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

813,110

227,268

(871,121)

0

150,016

(135,263)

0

0

67,035

150,016

131,588

0

0

0

348,639

(483,902)

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

140,906,526

0

9,548,401

0

1,724,109

152,179,036

37,122,335

0

10,420,490

13,824,387

93,666,640

0

0

0

155,033,852

(2,854,816)

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

18,738

16,642

(3,042)

0

231

(715)

0

0

1,173

231

4,561

0

0

0

5,965

(6,680)

2014

06/08/2015 08:20 AM



Reporting Cycle: 12


Description

Gross premiums


Investment revenue


Other income




Management expenses




Taxation expenses

Other expenses


Net Income (6 - 15)

Annex

2A

2B

2C

2D

2E

2F

2G

2H

2I

2J

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

1,319,134

0

8,778,053

0

367,200

10,464,387

993,872

0

280,829

367,262

8,396,656

0

0

0

10,038,619

425,768

2014

06/08/2015 08:20 AM


122014Reporting Cycle:

ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT


Description

Individual business:

Single premiums

Regular premiums - new business

Regular premiums - renewal business

Group business:

Premiums

Direct insurance premiums (1 to 4)

Inward reinsurance premiums


Row No.

1

2

3

4

5

6

7

Amount

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

0

107,277

705,833

0

813,110

0

813,110

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

81,303,501

5,797,520

53,805,505

0

140,906,526

0

140,906,526

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

0

0

18,738

0

18,738

0

18,738

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description


Single premiums



Group business:

Premiums




Row No.

1

2

3

4

5

6

7

Amount

0

0

1,319,134

0

1,319,134

0

1,319,134

OF LIFE BUSINESS

06/08/2015 08:21:49 AM



ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS


Description

Licensed insurer / foreign insurer under the foreign insurerscheme

Authorised reinsurer / related corporation / head office / branch ofhead office of the licensed insurer



Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21:49 AM





Description





Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21:49 AM





Description





Row No.

1

2

3

4

Amount

0

0

227,268

227,268

06/08/2015 08:21:49 AM





Description





Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21:49 AM





Description





Row No.

1

2

3

4

Amount

0

0

16,642

16,642

06/08/2015 08:21:49 AM





Description





Row No.

1

2

3

4

Amount

0

0

0

0

06/08/2015 08:21:49 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7

Interest / Dividend /Rental Income

0

0

0

0

0

0

Realised Gains(Losses) From Last

Reported Value /Write-backs(Write-offs)

0

0

0

0

0

0

Unrealised ChangesFrom Last Reported

Value

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

122014


Reporting Cycle:

ANNUAL RETURN: Annex 2C - Investment Revenue

06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0



0

0

0

0

0

0


Value

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0



0

0

0

0

0

0


Value

0

0

0

0

-871,121

0

Amount

0

0

0

0

-871,121

0

-871,121

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


2,597,546

249,892

0

0

240,674

0



6,308,685

31,755

0

0

270,111

0


Value

945,469

-76,604

0

0

-1,019,127

0

Amount

9,851,700

205,043

0

0

-508,342

0

9,548,401

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0



0

0

0

0

0

0


Value

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0



0

0

0

0

0

0


Value

0

0

0

0

-3,042

0

Amount

0

0

0

0

-3,042

0

-3,042

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


58,281

0

0

0

3,322

0



3,323,487

0

0

0

12,966

0


Value

5,393,343

14

0

0

-13,360

0

Amount

8,775,111

14

0

0

2,928

0

8,778,053

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0

0



0

0

0

0

0

0

0


Value

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

122014


Reporting Cycle:

ANNUAL RETURN: Annex 2C(a) - Investment Revenue Of Assets In Surplus Account Of Participating Fund

06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


0

0

0

0

0

0

0



0

0

0

0

0

0

0


Value

0

0

0

0

0

0

0

Amount

0

0

0

0

0

0

0

122014


Reporting Cycle:


06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


2,597,546

249,892

0

0

240,674

0

3,088,112



6,308,685

31,755

0

0

270,111

0

6,610,551


Value

945,469

-76,604

0

0

-1,019,127

0

-150,262

Amount

9,851,700

205,043

0

0

-508,342

0

9,548,401

122014


Reporting Cycle:

ANNUAL RETURN: Annex 2C(b) - Investment Revenue Of Assets In Unit Reserves Of Investment-linked Fund

06/08/2015 08:21:11 AM


Description

Equity securities

Debt securities

Land and Buildings

Loans

Cash and deposits



Row No.

1

2

3

4

5

6

7


58,281

0

0

0

3,322

0

61,603



3,323,487

0

0

0

12,966

0

3,336,453


Value

5,393,343

14

0

0

-13,360

0

5,379,997

Amount

8,775,111

14

0

0

2,928

0

8,778,053

122014


Reporting Cycle:

ANNUAL RETURN: Annex 2C(b) - Investment Revenue Of Assets In Unit Reserves Of Investment-linked Fund

06/08/2015 08:21:11 AM



ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME



Total = Row 5 of Form 2 26

06/08/2015 08:22:06 AM







06/08/2015 08:22:06 AM






Reimbursement of distribution costs 1 150,016


06/08/2015 08:22:06 AM






Other income 1 341,550

Reimbursement of distribution costs 2 1,382,439

Sundry income 3 120

Total = Row 5 of Form 2 26 1,724,109

06/08/2015 08:22:06 AM







06/08/2015 08:22:06 AM






Reimbursement of distribution costs 1 231


06/08/2015 08:22:06 AM






Reimbursement of distribution costs 1 367,262

Sundry income 2 -62


06/08/2015 08:22:06 AM



ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER


Description

Death, total permanent disability, critical illness

Accident and health benefits other than total permanent disabilityand critical illness

Maturity / anticipated endowment

Surrenders

Annuities

Cash bonuses

Others


Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

0

0

0

0

0

06/08/2015 08:21:49 AM





Description




Surrenders

Annuities

Cash bonuses

Others


Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

0

0

0

0

0

06/08/2015 08:21:49 AM





Description




Surrenders

Annuities

Cash bonuses

Others


Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

37,122,335

0

0

0

37,122,335

06/08/2015 08:21:49 AM





Description




Surrenders

Annuities

Cash bonuses

Others


Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

0

0

0

0

0

06/08/2015 08:21:49 AM





Description




Surrenders

Annuities

Cash bonuses

Others


Row No.

1

2

3

4

5

6

7

8

Amount

0

0

0

993,872

0

0

0

993,872

06/08/2015 08:21:49 AM



ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES


Description

Staff salaries & expenses

Office rent

Head office / parent company expenses

Directors' fees

Audit fees

Managing agent's fees

Repairs and maintenance

Public utilities

Printing, stationery and periodicals

Postage, telephone and telex charges

Computer charges

Hire of office equipment

Licence and association fees

Advertising and subscriptions

Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

30,503

1,985

1,617

160

2,070

0

808

0

241

720

1,016

0

0

4,123

229

1,319

Professional charges 1 5,557

Others 2 16,687


06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

4,785,292

311,454

1,048,053

25,062

324,709

0

126,756

0

37,879

112,976

159,348

0

0

646,867

35,959

206,860


Other 2 1,727,477

Total = Row 9 of Form 2 27 10,420,490

06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0


06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

520

34

28

3

35

0

14

0

4

12

17

0

0

70

4

22

Professional charges 1 95

Other 2 315


06/08/2015 08:22:11 AM





Description


Office rent


Directors' fees

Audit fees



Public utilities



Computer charges




Entertainment

Travelling expenses

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Amount

125,824

8,189

6,672

659

8,538

0

3,333

0

996

2,971

4,190

0

0

17,009

946

5,439


Other 2 73,140


06/08/2015 08:22:11 AM



ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT


Description


First period commissions - single premium

First period commissions - regular premium

Renewal commissions

Group business:

Commissions

Overriding commissions

Production and other bonuses

Trailer fees

Cost of benefits and services

Other cash payments

Total distribution cost excluding reinsurance commissions (1 to 9)

Reinsurance commissions


Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

0

0

0

0

0

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

0

0

0

0

0

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

9,615

132,584

7,817

0

0

0

0

0

0

150,016

0

150,016

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

5,903,856

6,914,340

1,006,191

0

0

0

0

0

0

13,824,387

0

13,824,387

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

0

0

0

0

0

0

0

0

0

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

0

0

231

0

0

0

0

0

0

231

0

231

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Renewal commissions

Group business:

Commissions



Trailer fees


Other cash payments




Row No.

1

2

3

4

5

6

7

8

9

10

11

12

Amount

1,993

893

364,376

0

0

0

0

0

0

367,262

0

367,262

OF LIFE BUSINESS

06/08/2015 08:21:49 AM



ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT


Description

Net policy liabilities at end of period

Net policy liabilities at beginning of period

Increase (Decrease) in Net Policy Liabilities (1 - 2) = Row 11 of Form 2

Row No.

1

2

3

Amount

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

1,293,162

1,161,574

131,588

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

493,138,545

399,471,905

93,666,640

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

0

0

0

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

28,885

24,324

4,561

OF LIFE BUSINESS

06/08/2015 08:21:49 AM





Description




Row No.

1

2

3

Amount

92,604,703

84,208,047

8,396,656

OF LIFE BUSINESS

06/08/2015 08:21:49 AM

ANNUAL RETURN: ANNEX 2I - BREAKDOWN OF OTHER EXPENSES

Reporting Cycle:



06/08/2015 08:22:20 AM


Description

Allocation to surplus account

Surplus account investment revenue

Less: Surplus account investment expenses

Surplus account investment income (2 - 3)

Recovery of amount transferred out of the surplus account if ithas not been transferred back into the surplus account previously

Net Income (1 + 4 + 5) = Row 16 of Form 2

Row No.

1

2

3

4

5

6

Amount

0

0

0

0

0

0

ANNUAL RETURN: ANNEX 2J - NET INCOME OF PARTICIPATING FUND

Reporting Cycle:


122014

06/08/2015 08:21:27 AM


Description







Row No.

1

2

3

4

5

6

Amount

0

0

0

0

0

0


Reporting Cycle:


122014

06/08/2015 08:21:27 AM


Reporting Cycle: 2014 12


NIL

06/08/2015 08:20 AM




ANNUAL RETURN: FORM 3 - STATEMENT IN RESPECT OF LIFE BUSINESS OF DIRECT LIFE INSURER RELATING TO POLICIESISSUED TO INDIVIDUALS

Description

A. New Business Policies other than annuities - Whole life Endowment Term Accident Health Others Total (1 to 6) Annuities only

B. Terminations and transfers Policies other than annuities -


Maturity Expiry Surrender Forfeiture Net transfers Others Total (9 to 15) Annuities onlyC. Business in Force Policies other than annuities - Whole life Endowment Term Accident Health Others Total (18 to 23) Annuities only (last period's 25 + 8 -17)

RowNo.

12345678

9

1011121314151617

1819202122232425

Single PremiumBusiness - Single

Premium

00000000

Single PremiumBusiness -Number of

Policies

00000000

0

00000000

00000000

Single PremiumBusiness - Sum

Insured

00000000

0

00000000

00000000

Regular PremiumBusiness -

Regular Premium

00000000

0

00000000

00000000

Regular PremiumBusiness -Number of

Policies

00000000

0

00000000

00000000

Regular PremiumBusiness - Sum

Insured

00000000

0

00000000

00000000

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000


Regular Premium

00000000

0

00000000

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000


Regular Premium

00

98,0340

56,6980

154,7320

0

082,975

000

4,08887,063

0

00

621,7380

158,3680

780,1060


Policies

00

200

120

320

0

019

0001

200

00

1420

340

1760


Insured

00

25,433,4860

9,124,5660

34,558,0520

0

017,446,168

000

636,95118,083,119

0

00

187,223,9870

26,253,4710

213,477,4580

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

78,603,06300000

78,603,0630


Policies

19800000

1980

0

00

5000

(3)47

0

1,15800000

1,1580


Insured

73,142,61500000

73,142,6150

0

00

14,789,36000

15,489,41230,278,772

0

345,286,18900000

345,286,1890


Regular Premium

10,505,08000000

10,505,0800

0

00

2,543,39011,826

05,662,0078,217,223

0

61,599,01700000

61,599,0170


Policies

35000000

3500

0

00

8910

(25)65

0

3,29300000

3,2930


Insured

7,473,43800000

7,473,4380

0

00

4,331,6124,082

0(53,728,016)(49,392,322)

0

219,782,15100000

219,782,1510

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000


Regular Premium

00000000

0

00000000

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

00000000


Policies

00000000

0

00000000

00000000


Insured

00000000

0

00000000

00000000


Regular Premium

00000000

0

018,827

000

(920)17,907

0

00

18,846000

18,8460


Policies

00000000

0

01000010

00300030


Insured

00000000

0

02,650,249

000

(162,539)2,487,710

0

00

3,391,324000

3,391,3240

06/08/2015 08:20 AM





Description





RowNo.

12345678

9

1011121314151617

1819202122232425


Premium

00000000


Policies

00000000

0

00000000

2000000

200


Insured

00000000

0

00000

(7,783,560)(7,783,560)

0

85,355,01100000

85,355,0110


Regular Premium

2,47900000

2,4790

0

00

74,39300

456,151530,544

0

1,317,74100000

1,317,7410


Policies

00000000

0

00500050

10100000

1010


Insured

62600000

6260

0

00

422,85500

(874,041)(451,186)

0

9,341,67300000

9,341,6730

06/08/2015 08:20 AM

2014



Reporting Cycle: 12


Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).

Terminations and Transfers Single Premium Regular Premium

Currency and Investment Income -108

Policy Cancellations 4,196

Total 4,088

06/08/2015 08:23 AM

2014



Reporting Cycle: 12




Currency and Investments 6,725,542

Policy Reinstatements -1,063,535

Total 5,662,007

06/08/2015 08:23 AM

2014



Reporting Cycle: 12




Currency and Investments -920

Total -920

06/08/2015 08:23 AM

2014



Reporting Cycle: 12




Currency and Investments 456,151

Total 456,151

06/08/2015 08:23 AM

FORM 2 - ADDITIONAL INFORMATION




NIL

06/08/2015 08:20 AM




ANNUAL RETURN: FORM 4 - STATEMENT IN RESPECT OF LIFE BUSINESS OF DIRECT LIFE INSURER RELATING TOGROUP POLICIES

Description

A. New Business

Policies other than annuities - Term Accident Health Others Total (1 to 4) Annuities onlyB. Increases under existing policies Policies other than annuities Annuities onlyC. Terminations Policies other than annuities - Expiry Death, total permanent disability, critical illness Others

Total (9 to 11) Annuities onlyD. Business in Force Policies other than annuities - Term Accident Health Others

Total (14 to 17)

Annuities only (last period's 19 + 6 + 8 - 13)

RowNo.

123456

78

91011

1213

14151617

18

19

Number ofPolicies

000000

00

000

00

0000

0

0

Number ofLives Covered

000000

00

000

00

0000

0

0

Sum Insured

000000

00

000

00

0000

0

0

Premiums -Single

000000

00

Premiums -Regular

000000

00

000

00

0000

0

0

06/08/2015 08:20 AM





Description

A. New Business



Total (14 to 17)


RowNo.

123456

78

91011

1213

14151617

18

19

Number ofPolicies

000000

00

000

00

0000

0

0


000000

00

000

00

0000

0

0

Sum Insured

000000

00

000

00

0000

0

0

Premiums -Single

000000

00

Premiums -Regular

000000

00

000

00

0000

0

0

06/08/2015 08:20 AM

2014



Reporting Cycle: 12


Note 2 - Number of dependants covered under group policies (Column 2, Row 18).

Number of dependants covered under group policies Row No. Single Premium Regular Premium

1 0

06/08/2015 08:23 AM

2014



Reporting Cycle: 12




1 0

06/08/2015 08:23 AM

FORM 2 - ADDITIONAL INFORMATION



NIL


06/08/2015 08:20 AM

Form 7(a) - Accident and Health Insurance (Long-term)


ANNUAL RETURN: FORM 7 - STATEMENT IN RESPECT OF ACCIDENT AND HEALTH INSURANCE

12Reporting Cycle: 2014

I553L

Description

A. PREMIUMS

Gross premiums

Reinsurance ceded

Net premiums written (1 - 2)

Premium liabilities at beginning of period

Premium liabilities at end of period

Premiums earned during the period (3 + 4 - 5)

B. CLAIMS


Reinsurance recoveries

Net claims settled (7 - 8)

Claims liabilities at end of period

Claims liabilities at beginning of period

Net claims incurred (9 + 10 - 11)

C. MANAGEMENT EXPENSES

Management expenses

D. DISTRIBUTION EXPENSES

Commissions


Net commissions incurred (14 - 15)

Other distribution expenses

E. UNDERWRITING RESULTS (6 - 12 - 13 - 16 - 17)

F. NET INVESTMENT INCOME

G. OPERATING RESULTS (18 + 19)

H. OTHERS

Number of policies in force

Number of lives covered under policies in force

Number of claims registered

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

MedicalExpense

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

MedicalExpense

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Critical Illness

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Critical Illness

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Disability

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Disability

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

PersonalAccident

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

PersonalAccident

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Hospital Cash

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Hospital Cash

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM

Form 7(b) - Accident and Health Insurance (Short-term)


ANNUAL RETURN: FORM 7 - STATEMENT IN RESPECT OF ACCIDENT AND HEALTH INSURANCE


I553L

Description

A. PREMIUMS

Gross premiums

Reinsurance ceded

Net premiums written (1 - 2)

Premium liabilities at beginning of period

Premium liabilities at end of period

Premiums earned during the period (3 + 4 - 5)

B. CLAIMS


Reinsurance recoveries

Net claims settled (7 - 8)

Claims liabilities at end of period

Claims liabilities at beginning of period

Net claims incurred (9 + 10 - 11)

C. MANAGEMENT EXPENSES

Management expenses

D. DISTRIBUTION EXPENSES

Commissions


Net commissions incurred (14 - 15)

Other distribution expenses

E. UNDERWRITING RESULTS (6 - 12 - 13 - 16 - 17)

F. NET INVESTMENT INCOME

G. OPERATING RESULTS (18 + 19)

H. OTHERS

Number of policies in force

Number of lives covered under policies in force

Number of claims registered

RowNo.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

MedicalExpense

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

MedicalExpense

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Critical Illness

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Critical Illness

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Disability

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Disability

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

PersonalAccident

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

PersonalAccident

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Hospital Cash

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Hospital Cash

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

Individual

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

Group

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:20 AM


Reporting Cycle:

Note 1 - Items in this Form may be allocated according to a reasonable basis used by thelicensed insurer. The bases used shall be stated as a Note to this Form.

06/08/2015 08:23 AM




06/08/2015 08:20 AM

ANNUAL RETURN: FORM 10 - STATEMENT OF FINANCIAL POSITION IN RESPECT OF GLOBALBUSINESS OPERATIONS



Description

Life Business

1. Policy liabilities

General Business

1. Net premiums written

2. Premium liabilities

3. Claim liabilities

Shareholders fund

1. Paid-up capital

2. Unappropriated profits (losses)

3. Reserves - Capital

General

Others*

Total (5 to 9)

Row No.

1

2

3

4

5

6

7

8

9

10

Amount

'000 (in foreign currency)

POUND STERLING

7,058,870

0

0

0

20,600

0

0

15,337

0

35,937

06/08/2015 08:22 AM

Reporting Cycle:


Note 1 Breakdown of "Others" Row No. Amount

Total

06/08/2015 08:22 AM



NIL


06/08/2015 08:22 AM

Form14(a)(i) - Policy Liabilities of Participating Fund

Description

Group 1 - Participating Policies

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term

Acccident and Health

Annuity

Others

Sub total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9

Particulars ofthe PoliciesValuation

Number ofPolicies

0

0

0

0

0

0

0

0

0


Sum Insured

0

0

0

0

0

0

0

0

0


OfficePremuims

0

0

0

0

0

0

0

0

0

Present ValueStatistics

Benefits

0

0

0

0

0

0

0

0

0


Expenses

0

0

0

0

0

0

0

0

0


Premiums

0

0

0

0

0

0

0

0

0


PAD

0

0

0

0

0

0

0

0

0


NegativeReserves

0

0

0

0

0

0

0

0

0


Total

0

0

0

0

0

0

0

0

0


ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER


I553L

Life: Singapore Insurance Fund

Group 2 - Non-Participating Policies

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Sub total (10 to 17)

Total (9 +18)

10

11

12

13

14

15

16

17

18

19

Number of Policies

0

0

0

0

0

0

0

0

0

0

Sum Insured

0

0

0

0

0

0

0

0

0

0

Office Premuims

0

0

0

0

0

0

0

0

0

0

Benefits

0

0

0

0

0

0

0

0

0

0

Expenses

0

0

0

0

0

0

0

0

0

0

Premiums

0

0

0

0

0

0

0

0

0

0

PAD

0

0

0

0

0

0

0

0

0

0

Negatve Reserves

0

0

0

0

0

0

0

0

0

0

Present Value Statistics Total

0

0

0

0

0

0

0

0

0

0

06/08/2015 08:23 AM

Form14(a)(ii) - Minimum Condition Liability of Participating Fund

Description


Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Sub total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

0

0

0

0

0

0

0

0

0


Sum Insured

0

0

0

0

0

0

0

0

0


OfficePremuims

0

0

0

0

0

0

0

0

0


Benefits

0

0

0

0

0

0

0

0

0


Expenses

0

0

0

0

0

0

0

0

0


Premiums

0

0

0

0

0

0

0

0

0


PAD

0

0

0

0

0

0

0

0

0


NegativeReserves

0

0

0

0

0

0

0

0

0


Total

0

0

0

0

0

0

0

0

0




I553L



Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others


Total (9 +18)

10

11

12

13

14

15

16

17

18

19

Number of Policies

0

0

0

0

0

0

0

0

0

0

Sum Insured

0

0

0

0

0

0

0

0

0

0

Office Premuims

0

0

0

0

0

0

0

0

0

0

Benefits

0

0

0

0

0

0

0

0

0

0

Expenses

0

0

0

0

0

0

0

0

0

0

Premiums

0

0

0

0

0

0

0

0

0

0

PAD

0

0

0

0

0

0

0

0

0

0

Negatve Reserves

0

0

0

0

0

0

0

0

0

0


0

0

0

0

0

0

0

0

0

0

06/08/2015 08:23 AM

Form14(a)(i) - Policy Liabilities of Participating Fund

Description


Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Sub total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

0

0

0

0

0

0

0

0

0


Sum Insured

0

0

0

0

0

0

0

0

0


OfficePremuims

0

0

0

0

0

0

0

0

0


Benefits

0

0

0

0

0

0

0

0

0


Expenses

0

0

0

0

0

0

0

0

0


Premiums

0

0

0

0

0

0

0

0

0


PAD

0

0

0

0

0

0

0

0

0


NegativeReserves

0

0

0

0

0

0

0

0

0


Total

0

0

0

0

0

0

0

0

0




I553L

Life: Offshore Insurance Fund


Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others


Total (9 +18)

10

11

12

13

14

15

16

17

18

19

Number of Policies

0

0

0

0

0

0

0

0

0

0

Sum Insured

0

0

0

0

0

0

0

0

0

0

Office Premuims

0

0

0

0

0

0

0

0

0

0

Benefits

0

0

0

0

0

0

0

0

0

0

Expenses

0

0

0

0

0

0

0

0

0

0

Premiums

0

0

0

0

0

0

0

0

0

0

PAD

0

0

0

0

0

0

0

0

0

0

Negatve Reserves

0

0

0

0

0

0

0

0

0

0


0

0

0

0

0

0

0

0

0

0

06/08/2015 08:23 AM

Form14(a)(ii) - Minimum Condition Liability of Participating Fund

Description


Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Sub total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

0

0

0

0

0

0

0

0

0


Sum Insured

0

0

0

0

0

0

0

0

0


OfficePremuims

0

0

0

0

0

0

0

0

0


Benefits

0

0

0

0

0

0

0

0

0


Expenses

0

0

0

0

0

0

0

0

0


Premiums

0

0

0

0

0

0

0

0

0


PAD

0

0

0

0

0

0

0

0

0


NegativeReserves

0

0

0

0

0

0

0

0

0


Total

0

0

0

0

0

0

0

0

0




I553L



Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others


Total (9 +18)

10

11

12

13

14

15

16

17

18

19

Number of Policies

0

0

0

0

0

0

0

0

0

0

Sum Insured

0

0

0

0

0

0

0

0

0

0

Office Premuims

0

0

0

0

0

0

0

0

0

0

Benefits

0

0

0

0

0

0

0

0

0

0

Expenses

0

0

0

0

0

0

0

0

0

0

Premiums

0

0

0

0

0

0

0

0

0

0

PAD

0

0

0

0

0

0

0

0

0

0

Negatve Reserves

0

0

0

0

0

0

0

0

0

0


0

0

0

0

0

0

0

0

0

0

06/08/2015 08:23 AM

Form14(b) - Policy Liabilities of Non-Participating Fund

Description

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

0

0

0

0

176

0

0

0

176


Sum Insured

0

0

0

0

213,477,458

0

0

0

213,477,458


OfficePremuims

0

0

0

0

780,106

0

0

0

780,106


Benefits

0

0

0

0

1,419,887

0

0

0

1,419,887


Expenses

0

0

0

0

263,774

0

0

0

263,774


Premiums

0

0

0

0

2,519,378

0

0

0

2,519,378


PAD

0

0

0

0

1,920,853

0

0

0

1,920,853


NegativeReserves

0

0

0

0

208,026

0

0

0

208,026


Total

0

0

0

0

1,293,162

0

0

0

1,293,162





06/08/2015 08:23 AM

Form14(c) - Policy Liabilities of Investment-Linked Fund

Description

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

1,158

3,293

0

0

0

0

0

0

4,451


Sum Insured

345,286,189

219,782,151

0

0

0

0

0

0

565,068,340


OfficePremuims

0

61,599,017

0

0

0

0

0

0

61,599,017


Benefits

-35,070,569

264,438,233

0

0

0

0

0

0

229,367,664


Expenses

9,257,453

19,707,527

0

0

0

0

0

0

28,964,980


Premiums

0

320,745,711

0

0

0

0

0

0

320,745,711


PAD

15,403,433

22,184,290

0

0

0

0

0

0

37,587,723


NegativeReserves

4,411,003

12,889,225

0

0

0

0

0

0

17,300,228


Total

-5,998,680

-1,526,436

0

0

0

0

0

0

-7,525,116

Unit Reserves

Unit Reserves

361,165,722

139,497,938

0

0

0

0

0

0

500,663,660

Total

Total

355,167,042

137,971,502

0

0

0

0

0

0

493,138,544





06/08/2015 08:23 AM

Form14(b) - Policy Liabilities of Non-Participating Fund

Description

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

0

0

0

0

3

0

0

0

3


Sum Insured

0

0

0

0

3,391,324

0

0

0

3,391,324


OfficePremuims

0

0

0

0

18,846

0

0

0

18,846


Benefits

0

0

0

0

23,887

0

0

0

23,887


Expenses

0

0

0

0

7,470

0

0

0

7,470


Premiums

0

0

0

0

40,645

0

0

0

40,645


PAD

0

0

0

0

13,597

0

0

0

13,597


NegativeReserves

0

0

0

0

24,576

0

0

0

24,576


Total

0

0

0

0

28,885

0

0

0

28,885





06/08/2015 08:23 AM

Form14(c) - Policy Liabilities of Investment-Linked Fund

Description

Whole Life

- Single Premium

- Regular Premium

Endowment

- Single Premium

- Regular Premium

Term


Annuity

Others

Total (1 to 8)

RowNo.

1

2

3

4

5

6

7

8

9


Number ofPolicies

20

101

0

0

0

0

0

0

121


Sum Insured

85,355,011

9,341,673

0

0

0

0

0

0

94,696,684


OfficePremuims

0

1,317,741

0

0

0

0

0

0

1,317,741


Benefits

-6,565,170

4,886,375

0

0

0

0

0

0

-1,678,795


Expenses

196,849

363,966

0

0

0

0

0

0

560,815


Premiums

0

6,061,682

0

0

0

0

0

0

6,061,682


PAD

2,473,327

301,009

0

0

0

0

0

0

2,774,336


NegativeReserves

3,989,405

528,520

0

0

0

0

0

0

4,517,925


Total

94,411

18,188

0

0

0

0

0

0

112,599

Unit Reserves

Unit Reserves

85,352,042

7,140,062

0

0

0

0

0

0

92,492,104

Total

Total

85,446,453

7,158,250

0

0

0

0

0

0

92,604,703





06/08/2015 08:23 AM




NIL

I553L

06/08/2015 08:23 AM


Description Row No. From 01/01/2014 to 31/12/2014

Sources of net income arising in the year:

New Business

Mortality/Morbidity

Forfeiture/Surrender

Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

0

0

0

0

0

0

0

Expected

0

0

0

0

0

Actual LessExpected

0

0

0

0

0

0

0

0

I553L


ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS


06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

0

0

0

0

0

0

0

Expected

0

0

0

0

0

Actual LessExpected

0

0

0

0

0

0

0

0

I553L




06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

-89,286

0

0

-873,059

-34,526

-4,283

517,252

Expected

-106,445

0

26,391

3,032

77,022

Actual LessExpected

-89,286

106,445

0

-899,450

-37,558

-4,283

440,230

-483,902

I553L




06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

-877,667

0

-37,122,335

7,647,321

-10,073,757

2,560,661

35,010,959

Expected

-1,176,978

-33,662,006

14,175,335

-2,876,044

23,539,693

Actual LessExpected

-877,667

1,176,978

-3,460,329

-6,528,014

-7,197,713

2,560,661

11,471,266

-2,854,818

I553L




06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

0

0

0

0

0

0

0

Expected

0

0

0

0

0

Actual LessExpected

0

0

0

0

0

0

0

0

I553L




06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

0

0

0

-3,042

-1,404

2,531

-4,765

Expected

-1,997

0

413

-366

1,950

Actual LessExpected

0

1,997

0

-3,455

-1,038

2,531

-6,715

-6,680

I553L




06/08/2015 08:22 AM




New Business

Mortality/Morbidity


Interest

Expense

Change in basis

Miscellaneous

Total (1 to 7)

1

2

3

4

5

6

7

8

Actual

0

0

-993,872

8,778,054

-648,091

20,281

-6,730,603

Expected

-290,830

-6,727,003

2,854,868

-85,327

4,248,292

Actual LessExpected

0

290,830

5,733,131

5,923,186

-562,764

20,281

-10,978,895

425,769

I553L




06/08/2015 08:22 AM



NIL


06/08/2015 08:22 AM

ANNUAL RETURN: FORM 17 - ACTUARY'S CERTIFICATE ON POLICY LIABILITIES INRESPECT OF LIFE BUSINESS



Description

Participating Fund

Non-Participating Fund

Investment-Linked Fund

Singapore Insurance Fund

0

1,293,162

493,138,544

Offshore Insurance Fund

0

28,885

92,604,703

*Qualifications (if non, state "none"):None

I have conducted an investigation into the valuation of policy liabilities relating to life business asrequired under section 37 of the Insurance Act and confirm that the valuation is in accordance withall applicable requirements stipulated under the Act and directions issued under the Act, subject tothe qualifications stated below*. I certify these amounts as follows:

ACTUARIAL INVESTIGATION OF POLICY LIABILITIES

06/08/2015 08:22 AM



NIL


06/08/2015 08:22 AM

ANNUAL RETURN: FORM 18 - STATEMENT OF PARTICIPATING FUND ALLOCATIONS



Description

Bonus payments made to policy owners in anticipationof allocation

Allocation to policy owners:

Cash Bonus

Reversionary Bonus

Terminal Bonus

Total amt to policy owners (1 to 4)


Row No.

1

2

3

4

5

6

SingaporeInsurance Fund

0

0

0

0

0

0

OffshoreInsurance Fund

0

0

0

0

0

0

06/08/2015 08:23 AM



NIL


06/08/2015 08:23 AM

ANNUAL RETURN: FORM 19 - ACTUARY'S CERTIFICATE ON PARTICIPATING FUNDALLOCATIONS


I have conducted an investigation into the bonus allocation of the participating fund to policyowners and the surplus account as required under section 17(6) of the Insurance Act and it is myopinion that the allocation is fair and equitable, having taken into account the prospective financialconditions of the participating fund, and is in accordance with the Insurance (Actuaries) Regulations2004 (G.N. No. S 495/2004) subject to the qualifications stated below*.


The amount of bonus to policy owners and allocation to the surplus account are as shown below:

Description

Bonus payments made to policy owners in anticipationof allocation

Allocation to policy owners:

Cash Bonus

Reversionary Bonus

Terminal Bonus

Total amount to policy owners (1 to 4)


RowNo.

1

2

3

4

5

6

SingaporeInsurance Fund

0

0

0

0

0

0

OffshoreInsurance Fund

0

0

0

0

0

0

*Qualifications (if non, state "none"):

NoneNone

06/08/2015 08:23 AM



NIL


06/08/2015 08:23 AM


ANNUAL RETURN: FORM 21 - STATEMENT IN RELATION TO FUND SOLVENCY REQUIREMENT OFINSURANCE FUND

Reporting Cycle:

Description

(i) Financial Resources of Insurance Fund

Balance in the surplus account (of participating fund)

Add:

Allowance for provision for non-guaranteed benefits

(of participating fund): (lower of 3 or 4)

Policy liabilities - minimum condition liability

50% of aggregate of provisions for non-guaranteed benefits and PAD

Surplus of insurance fund (of any other insurance fund)

Less:

Reinsurance adjustment

Financial resource adjustment: (8 to 12)

(a) loans to, guarantees granted for, and other

unsecured amounts owed to the licensed insurer

(b) charged assets

(c) deferred tax assets

(d) intangible assets

(e) other financial resource adjustments

Financial Resources of Insurance Fund

(1 + 2 + 5 - 6 - 7)

(ii) Total Risk Requirement of Insurance Fund

A. Component 1 Requirement - Insurance Risks

Life Insurance Risk Requirement

(for participating fund): (15 + 18)

(a) Policy Liability Risk Requirement:

(zero or 16 - 17, whichever is higher)

Modified minimum condition liability


(b) Surrender Value Condition Risk Requirement:


Aggregate of surrender values of policies of the insurance fund

Higher of 21 or 22:

Sum of total risk requirement and minimum condition

liability of the insurance fund

Policy liabilities of the insurance fund


(other than participating fund) (24 + 27)



Modified policy liabilities

Policy Liabilities




Sum of total risk requirement and policy liabilities of the insurance fund

General Insurance Risk Requirement

(for general business): (31 to 32)

(a) Premium liability risk requirement

(b) Claim liability risk requirement

Total C1 Requirement (14 + 23 + 30)

B. Component 2 Requirement - Investment Risks and Risks arising

from Interest Rate Sensitivity and Foreign Currency Mismatch

between Asset and Liabilities

Equity Investment Risk Requirement (35 to 36)

(a) Specific Risk Requirement

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM

(b) General Risk Requirement

Debt Investment and Duration Mismatch Risk Requirement:

(38 or 43, whichever is higher)

(a) Sum of: (39 + 42)

Debt investment risk requirement in an increasing interest rate

environment (40 to 41)

Debt specific risk requirement

Debt general risk requirement

Liability adjustment requirement in an increasing interest rate environment

(b) Sum of: (44 + 47)

Debt investment risk requirement in a decreasing interest rate



Negative of debt general risk requirement

Liability adjustment requirement in a decreasing interest rate environment

Loan Investment Risk Requirement

Property Risk Requirement

Foreign Currency Mismatch Risk Requirement (for Singapore Insurance Fund)

Derivative Counterparty Risk Requirement

Miscellaneous Risk Requirement

Total C2 Requirement (34 + 37 + 48 + 49 + 50 + 51 + 52)

C. Component 3 Requirement - Concentration Risks Counterparty Exposure Equity Securities Exposure Unsecured Loans Exposure Property Exposure Foreign Currency Risk Exposure Exposure to assets in miscellaneous risk requirements

Exposure to non-liquid assets with Singapore Insurance Fund

(for general business)

Total C3 Requirement (54 to 60)

Total Risk Requirement of Insurance Fund (33 + 53 +61)

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

000000

0

0

0

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

000000

0

0

0

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

0

0

0

461,146

0

0

0

0

0

0

0

0

0

722,887

1,293,162

0

0

1,535,092

0

0

0

0

0

0

2,098,184

444,045

461,146

1,192,993

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

-145,164

0

0

0

-145,164

169,539

0

0

0

169,539

169,539

0

0

41,277

0

31,114

241,930

000000

0

0

241,930

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

84,984

0

0

4,101,167

0

0

0

0

0

0

0

0

0

490,249,393

493,138,544

0

468,753,606

499,073,056

0

0

0

0

0

0

10,773,142

0

4,186,151

6,586,991

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

-284,727

0

0

0

-284,727

474,663

0

0

0

474,663

474,663

0

0

400,000

0

117,557

992,220

0000

4,942,2910

0

4,942,291

5,934,511

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

000000

0

0

0

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

000000

0

0

0

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

0

0

0

0

8,763

0

0

0

0

0

0

0

0

0

11,555

28,885

0

0

48,392

0

0

0

0

0

0

162,593

11,779

8,763

142,051

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

-3,086

0

0

0

-3,086

3,432

0

0

0

3,432

3,432

0

0

0

0

16,075

19,507

000000

0

0

19,507

06/08/2015 08:20:46 AM



Reporting Cycle:

Description



Add:






Less:





(b) charged assets





(1 + 2 + 5 - 6 - 7)












Higher of 21 or 22:









Policy Liabilities

















Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

Amount

0

0

322,112

0

0

0

403,840

0

0

0

0

0

0

0

0

0

92,510,457

92,604,703

0

92,180,494

92,708,597

0

0

0

0

0

0

10,458,190

0

725,952

9,732,238

0

0

0

0

0

2014 12


06/08/2015 08:20:46 AM


(a) Sum of: (39 + 42)






(b) Sum of: (44 + 47)

















37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

545556575859

60

61

62

-2,213

0

0

0

-2,213

2,647

0

0

0

2,647

2,647

0

0

0

0

101,247

103,894

000000

0

0

103,894

06/08/2015 08:20:46 AM




NIL

06/08/2015 08:20:46 AM

FORM 23 - STATEMENT IN RELATION TO CAPITAL ADEQUACY REQUIREMENT OF LICENSED INSURER

ANNUAL RETURN



Description

(i) Financial Resources of Licensed Insurer

A. Tier 1 Resource

Aggregate of surpluses of all insurance funds other than a participating fund

Balances in the surplus account of each participating fund

Paid-up ordinary share capital

Unappropriated profits (losses)

Surpluses of Overseas Branch Operations

Irredeemable and non-cumulative preference shares

Any other capital instrument approved by the Authority as a Tier 1 resource

Less:



(a) loans to, guarantees granted for and other unsecured amounts owed to

the licensed insurer

(b) charged assets




Total Tier 1 Resource (1 to 7 less 8 to 9)

B. Tier 2 Resource

Irredeemable and non-cumulative preference shares not recognised

as Tier 1 resource

Irredeemable and non-cumulative preference shares

Other Tier 2 resource

Total Tier 2 Resource (16 to 18)

C. Aggregate of allowance for provisions for non-guaranteed benefits

of participating funds

Financial Resources of Licensed Insurer (higher of $5m or 15 + 19 +20)

(ii) Total Risk Requirement of Registered Insurer

(a) Total risk requirements of insurance funds established or maintained

under the Act

(b) Total risk requirements of assets and liabilities that do not belong to any

insurance fund established and maintained under the Act

Total Risk Requirement of Licensed Insurer (22 to 23)

CAPITAL ADEQUACY RATIO (21/24)

Row No.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Amount

322,112

84,984

0

0

4,974,917

6,299,842

0

23,492,109

0

0

0

0

0

0

455,823

5,382,013

17,654,273

0

0

0

0

0

17,654,273

6,299,842

280.23 %

I553L

06/08/2015 08:20:52 AM

2014 12Reporting Cycle:

NIL



06/08/2015 08:20:52 AM

annual return: form 1 - fund balance sheet .../media/mas/statistics/insurance returns...i553l...

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