5204.0 - Australian System of National Accounts, 2005-06
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/11/2006
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Series Starts - Jun.1960 | Series Ends - Jun.2006 | |  |
Limited preview of the spreadsheet excluding the latest observations. The full range of data is available by downloading the spreadsheet. |
| Jun.2003 | Jun.2004 | Jun.2005 |
Table 39. LIFE INSURANCE OFFICES AND SUPERANNUATION FUNDS, | | | |
Current prices ($m) | | | |
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Life insurance premiums |
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Superannuation | 19015 | 17028 | 18455 |
Other | 3814 | 4213 | 4657 |
Other superannuation contributions | 35852 | 42449 | 45847 |
Total premiums | 58681 | 63690 | 68959 |
less Administration costs | 6378 | 6393 | 6907 |
Net premiums | 52303 | 57297 | 62052 |
less Claims (including pensions and surrenders) | 38064 | 33745 | 36736 |
Excess of net premiums over claims | 14239 | 23552 | 25316 |
Interest on life insurance corporations' reserves and | | | |
superannuation funds | 14028 | 16710 | 21649 |
Increase in net equity of households in life insurance | | | |
corporations' reserves and superannuation funds | 28267 | 40262 | 46965 |
Net errors and omissions(a) | -8612 | 14584 | 2102 |
Change in financial position of households' net equity in | | | |
life insurance corporations' reserves and superannuation | | | |
funds | 36879 | 25678 | 44863 |
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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