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| | Jun.2004 | Jun.2005 | Jun.2006 |
| Table 39. LIFE INSURANCE OFFICES AND SUPERANNUATION FUNDS, | | | |
| Current prices ($m) | | | |
|
Life insurance premiums |
|
|
|
| Superannuation | 17313 | 18303 | 17251 |
| Other | 4213 | 4657 | 4596 |
| Other superannuation contributions | 44577 | 51753 | 60853 |
| Total premiums | 66103 | 74713 | 82700 |
| less Administration costs | 8160 | 9132 | 9619 |
| Net premiums | 57943 | 65581 | 73081 |
| less Claims (including pensions and surrenders) | 34748 | 37574 | 39904 |
| Excess of net premiums over claims | 23195 | 28007 | 33177 |
| Interest on life insurance corporations' reserves and | | | |
| superannuation funds | 16500 | 21560 | 27877 |
| Increase in net equity of households in life insurance | | | |
| corporations' reserves and superannuation funds | 39695 | 49567 | 61054 |
| Net errors and omissions(a) | 5383 | -427 | 398 |
| Change in financial position of households' net equity in | | | |
| life insurance corporations' reserves and superannuation | | | |
| funds | 34312 | 49994 | 60656 |
n.r. not recorded |
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|
|
| (a) The net errors and omissions item in this table reflects the difference in measurement between the conceptually identical concepts of change in financial position and increase in net equity. | | | |
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