annual return: form 1 - fund balance sheet i808c …annual return: form 1 - fund balance sheet...
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NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: SIF - Participating
122010
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
6,110,764,002
11,896,998,086
1,055,786,000
868,931,974
1,018,979,939
211,433,336
5,558,074
32,280,200
0
970,613
0
34,116,192
12,353,772
50,341,500
21,298,513,688
20,667,961,873
24,405,046
0
0
1,191,186
0
6,684,902
427,612,861
21,127,855,868
170,657,820
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: SIF - Participating 2
122010
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
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: SIF - Non-Participating
122010
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
1,692,043,752
0
0
86,939,518
1,260,955
344
27,843,899
0
1,521,462
0
0
0
2,860,535
1,812,470,465
1,097,687,581
31,083,840
0
0
0
0
12,432,550
7,023,967
1,148,227,938
664,242,527
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: SIF - Investment-Linked
122010
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
885,969,476
398,348,436
0
0
38,424,243
2,965,285
673,782
0
0
0
1,130,478
0
2,613,136
27,274,452
1,357,399,288
1,307,145,448
72
0
0
0
0
0
47,896,870
1,355,042,390
2,356,898
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: OIF - Participating
122010
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
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: OIF - Participating 2
122010
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
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: OIF - Non-Participating
122010
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
1,448,521
0
0
381,854
0
0
0
0
0
0
0
0
0
1,830,375
0
0
0
0
0
0
481
32
513
1,829,862
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 1 - FUND BALANCE SHEET
Reporting Cycle:
Life: OIF - Investment-Linked
122010
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
15/06/2012 04:12 PM
Life: SIF - Participating
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
4,808,368,205
633,406,814
Unlisted
134,547,231
534,441,752
Amount
4,942,915,436
1,167,848,566
6,110,764,002
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Participating 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Non-Participating
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Investment-Linked
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
697,265,216
188,704,260
Unlisted
0
0
Amount
697,265,216
188,704,260
885,969,476
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Participating
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Participating 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Non-Participating
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Investment-Linked
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1A - INVESTMENT IN EQUITY SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Participating
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
6,967,898,648
4,005,909,208
923,190,230
11,896,998,086
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Participating 2
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Non-Participating
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
783,625,180
740,125,630
168,292,942
1,692,043,752
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Investment-Linked
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
160,383,282
194,292,998
43,672,156
398,348,436
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Participating
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Participating 2
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Non-Participating
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
1,448,521
0
0
1,448,521
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: OIF - Investment-Linked
Description
Government debt securities
Qualifying debt securities
Other debt securities
Total (1 to 3) = Row 2 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1B - INVESTMENT IN DEBT SECURITIES
15/06/2012 04:13:23 PM
Life: SIF - Participating
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Location and Descriptionof Land and Buildings Row No. Cost
LastRevaluation
Date
Last ReportedAmount
Changes fromLast Reported
AmountAmount
NTUC Income Centre-75 Bras Basah Rd NTUC Income Centre1 65,531,210 31-12-2010 81,500,000 5,500,000 87,000,000
Amtech Building-159 Sin Ming Road2 39,040,880 31-12-2010 22,500,000 2,900,000 25,400,000
Henderson Industrial Complex-201 Henderson Rd3 38,369,170 31-12-2010 26,400,000 800,000 27,200,000
Eastpoint Shopping Centre-6 Simei St 6 Eastpoint Mall4 199,085,812 31-12-2010 272,000,000 11,000,000 283,000,000
730 Ang Mo Kio-Blk 730 AMK Ave 65 24,063,764 31-12-2010 19,700,000 300,000 20,000,000
Blk 215 #02-87 Bedok North St 1-Blk 215 #02-87 Bedok North St 16 10,003,617 31-12-2010 9,500,000 500,000 10,000,000
Coast Rhu-1, 5, 9, 7 Rhu Cross Street7 19,146,863 31-12-2010 33,821,000 2,530,000 36,351,000
Tampines Junction-300 Tampines Ave 58 136,009,730 31-12-2010 179,000,000 1,000,000 180,000,000
SLF Building, 4th to 6th Floor-510 Thomson Rd, 4th to 6th Floor9 17,218,104 31-12-2010 18,000,000 0 18,000,000
LKN Prinsep House-30 Prinsep St NTUC Income10 43,046,168 31-12-2010 62,000,000 3,700,000 65,700,000
Tampines Point-2 Tampines Central11 69,114,954 31-12-2010 81,000,000 0 81,000,000
15/06/2012 04:14:09 PM
Location and Descriptionof Land and Buildings
Row No. CostLast
RevaluationDate
Last ReportedAmount
Changes fromLast Reported
AmountAmount
Sing Industrial Complex-32 AMK Industrial Park12 3,619,457 31-12-2010 1,600,000 10,000 1,610,000
Boustead Industrial Park Ubi-55 Ubi Ave #02-0113 39,288,237 31-12-2010 22,200,000 1,800,000 24,000,000
Ang Mo Kio Retail Mall (AMK HUB)-53 Ang Mo Kio14 102,909,021 31-12-2010 189,000,000 7,000,000 196,000,000
Investment Plaza-Unit 10-08 Tower B15 463,332 31-12-2010 411,000 114,000 525,000
Total = Row 3 of Form 1 21 1,055,786,000
15/06/2012 04:14:09 PM
Life: SIF - Participating 2
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: SIF - Non-Participating
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: SIF - Investment-Linked
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: OIF - Participating
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: OIF - Participating 2
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: OIF - Non-Participating
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: OIF - Investment-Linked
122010
I808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1C - INVESTMENT IN LAND AND BUILDINGS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:14:09 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
Row No.
1
2
3
4
5
Amount Outstanding
563,327,775
82,264,901
185,400,577
39,236,242
Provision for DoubtfulLoans
0
344,617
246,721
706,183
Amount
563,327,775
81,920,284
185,153,856
38,530,059
868,931,974
15/06/2012 04:13:23 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1D - INVESTMENT IN LOANS
Description
Policy loans
Mortgage loans
Other secured loans
Unsecured loans
Total (1 to 4) = Row 4 of Form 1
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
15/06/2012 04:13:23 PM
Life: SIF - Participating 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
29,079,822
0
29,079,822
0
0
0
0
7,062,327,101
0
0
7,062,327,101
119,794,689
1,034,509,763
0
1,154,304,452
0
8,245,711,375
Amount
0
0
-411,892
0
-411,892
0
0
0
0
104,882,650
0
0
104,882,650
2,707,890
104,254,688
0
106,962,578
0
211,433,336
Other invested assets excluding derivatives
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 211,433,336
15/06/2012 04:13 PM
Life: SIF - Participating 2 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 0
15/06/2012 04:13 PM
Life: SIF - Non-Participating 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
141,148,299
0
0
141,148,299
0
0
0
0
0
141,148,299
Amount
0
0
0
0
0
0
0
0
0
1,260,955
0
0
1,260,955
0
0
0
0
0
1,260,955
Other invested assets excluding derivatives
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 1,260,955
15/06/2012 04:13 PM
Life: SIF - Investment-Linked 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
1,944,280
1,944,280
483,654,758
0
0
483,654,758
43,284,877
0
0
43,284,877
0
528,883,915
Amount
0
0
0
0
0
0
0
23,400
23,400
1,931,616
0
0
1,931,616
1,010,269
0
0
1,010,269
0
2,965,285
Other invested assets excluding derivatives
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 2,965,285
15/06/2012 04:13 PM
Life: OIF - Participating 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 0
15/06/2012 04:13 PM
Life: OIF - Participating 2 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 0
15/06/2012 04:13 PM
Life: OIF - Non-Participating 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 0
15/06/2012 04:13 PM
Life: OIF - Investment-Linked 2010 12Reporting Cycle:
I808C
ANNUAL RETURN: ANNEX 1E - BREAKDOWN OF OTHER INVESTED ASSETS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
15/06/2012 04:13 PM
Total investments in other invested assets excludingderivatives 40 0
Total = Row 6 of Form 1 41 0
15/06/2012 04:13 PM
2010 12Reporting Cycle:Life: SIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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
31,999,293
280,907
0
0
32,280,200
0
32,280,200
0
0
0
0
0
0
0
0
32,280,200
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: SIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: SIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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
26,281,850
1,609,808
54,434
307,700
28,253,792
409,893
27,843,899
0
0
0
0
0
0
0
0
27,843,899
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: SIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: OIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: OIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: OIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
2010 12Reporting Cycle:Life: OIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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 6 months but not exceeding 12 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
Bad debts written off during the year
Ageing of outstanding premiums and agents' balances:
Outstanding period
Up to 6 months
Above 6 months but not exceeding 12 months
Above 12 months but not exceeding 24 months
Above 24 months
Gross total (10 to 13)
Provision for doubtful debts
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 registered insurer.
15/06/2012 04:12 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
1,510,000
0
970,613
0
0
970,613
0
970,613
15/06/2012 04:13 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
60,000
0
1,521,462
0
0
1,521,462
0
1,521,462
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
150,403
2,820,867
31,144,922
34,116,192
15/06/2012 04:13 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: ANNEX 1H - FIXED ASSETS
Description
Motor vehicles
Computer equipment
Other fixed assets
Total (1 to 3) = Row 12 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:13 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
12,353,772
12,353,772
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
2,613,136
2,613,136
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 13 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE FROM)
15/06/2012 04:13 PM
Life: SIF - Participating
Description Row No. Amount
Prepayment 1 400,420
Deposit placements 2 576,496
Investment debtors 3 43,101,321
Other debtors 4 4,348,902
Rent Receivable 5 1,914,361
Total = Row 14 of Form 1 26 50,341,500
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
2010 12
ANNUAL RETURN: ANNEX 1J - BREAKDOWN OF OTHER ASSETS
Reporting Cycle:
15/06/2012 04:13 PM
Life: SIF - Non-Participating
Description Row No. Amount
Other debtors 1 2,860,535
Total = Row 14 of Form 1 26 2,860,535
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
2010 12
ANNUAL RETURN: ANNEX 1J - BREAKDOWN OF OTHER ASSETS
Reporting Cycle:
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
Description Row No. Amount
Investment debtors 1 27,274,426
GST Recoverable 2 26
Total = Row 14 of Form 1 26 27,274,452
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
2010 12
ANNUAL RETURN: ANNEX 1J - BREAKDOWN OF OTHER ASSETS
Reporting Cycle:
15/06/2012 04:13 PM
Life: SIF - Participating
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
21,298,513,688
170,657,820
459,893,995
20,667,961,873
18,899,340,723
15,228,499,639
20,667,961,873
ANNUAL RETURN: ANNEX 1K - POLICY LIABILITIES OF PARTICIPATING FUND
Reporting Cycle:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13 PM
Life: SIF - Participating 2
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13 PM
Life: OIF - Participating
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13 PM
Life: OIF - Participating 2
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
4,066,366
0
2,618,536
6,684,902
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
6,797,250
0
5,635,300
12,432,550
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
481
481
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 3) = Row 22 of Form 1
Row No.
1
2
3
4
Amount
0
0
0
0
INTRA-GROUP BALANCES (DUE TO)
15/06/2012 04:13 PM
Life: SIF - Participating
Description Row No. Amount
Advance Premium 1 10,407,239
Other Creditors 2 1,180,059
Rental deposits 3 11,074,443
Anticipated Endowment Balances 4 29,648,653
Payment suspense 5 8,546,529
Outdated cheque 6 8,759,338
Accruals commissions 7 19,344,958
Accruals 8 67,821,645
Investment Creditors 9 270,829,997
Total = Row 23 of Form 1 26 427,612,861
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: SIF - Participating 2
Description Row No. Amount
Total = Row 23 of Form 1 26 0
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: SIF - Non-Participating
Description Row No. Amount
Advance Premium 1 722,023
Trade Creditors 2 164,333
Other Creditors 3 39,752
Payment suspense 4 114,708
Outdated cheque 5 1,262,820
Accruals 6 2,466,937
Investment Creditors 7 38,107
Payable 8 2,215,287
Total = Row 23 of Form 1 26 7,023,967
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: SIF - Investment-Linked
Description Row No. Amount
Advance Premium 1 2,523
Payment Suspense 2 2,018,193
Accruals 3 259,940
Investment Creditors 4 45,616,214
Total = Row 23 of Form 1 26 47,896,870
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: OIF - Participating
Description Row No. Amount
Total = Row 23 of Form 1 26 0
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: OIF - Participating 2
Description Row No. Amount
Total = Row 23 of Form 1 26 0
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: OIF - Non-Participating
Description Row No. Amount
Investment Creditors 1 32
Total = Row 23 of Form 1 26 32
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: OIF - Investment-Linked
Description Row No. Amount
Total = Row 23 of Form 1 26 0
Reporting Cycle: 122010
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: ANNEX 1M - BREAKDOWN OF OTHERS
15/06/2012 04:14 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
141,475,913
35,681,907
-6,500,000
170,657,820
15/06/2012 04:13 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
570,368,317
65,189,902
28,684,308
664,242,527
15/06/2012 04:13 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
3,460,085
-1,103,187
0
2,356,898
15/06/2012 04:13 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
1,854,024
-24,162
0
1,829,862
15/06/2012 04:13 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:13 PM
Life: SIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: SIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: SIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: SIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: OIF - Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: OIF - Participating 2
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: OIF - Non-Participating
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Life: OIF - Investment-Linked
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Registered insurer
Authorised reinsurer / related corporation / head office/ branch of head office of the registered insurer
Unregistered 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
15/06/2012 04:13:23 PM
Description of Assets and Name of Investee Company
Name of company: -Falcon-Air Holding Pte Ltd
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
Row No.
1
2
3
4
5
No. of Units
350,000
0
0
0
0
Cost
2,150,000
0
0
0
0
Amount
2,150,000
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -NTUC Choice Homes Co-operative Ltd
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
Row No.
1
2
3
4
5
No. of Units
20,000,000
0
0
0
0
Cost
20,000,000
0
0
0
0
Amount
20,000,000
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -NTUC Co-operative Suzhou Invmt P/L
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
Row No.
1
2
3
4
5
No. of Units
3,757,760
0
0
0
0
Cost
3,776,360
0
0
0
0
Amount
3,776,360
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -One Marina Property Services P/L
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
Row No.
1
2
3
4
5
No. of Units
580,000
0
0
0
0
Cost
580,000
0
0
0
0
Amount
580,000
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -Vicom Assessment Centre Pte Ltd
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
Row No.
1
2
3
4
5
No. of Units
125,000
0
0
0
0
Cost
125,000
0
0
0
0
Amount
125,000
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Participating 2
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Non-Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: SIF - Investment-Linked
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: OIF - Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: OIF - Participating 2
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: OIF - Non-Participating
15/06/2012 04:14:14 PM
Description of Assets and Name of Investee Company
Name of company: -
Equity securities
Debt securities
Secured loans
Unsecured loans
Other invested assets
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
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
A RELATED CORPORATION OF REGISTERED INSURER
ANNUAL RETURN: ANNEX 1(iii) - INFORMATION IN RESPECT OF INVESTMENTS IN
Reporting Cycle:
I808C
2010 12
Life: OIF - Investment-Linked
15/06/2012 04:14:14 PM
Life: SIF - Participating
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered insurer 0
DescriptionRowNo. Amount
Note 2(a) Intangible assets - Software costs and licence fees 1 26,222,276
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
15/06/2012 04:14 PM
(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
15/06/2012 04:14 PM
Life: SIF - Participating 2
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: SIF - Non-Participating
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: SIF - Investment-Linked
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: OIF - Participating
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: OIF - Participating 2
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: OIF - Non-Participating
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
Life: OIF - Investment-Linked
I808C
ANNUAL RETURN: NOTES TO FORM 1
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Note 1 The aggregate amounts of loans to and amounts due from - Amount
(a) Directors 0
(b) Employees of the registered 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
15/06/2012 04:14 PM
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Reporting Cycle: 122010
ANNUAL RETURN: FORM 1 - ADDITIONAL INFORMATION
Continue Annex 1 (iii) - Singapore Insurance Fund Life - Participating: Name fo Company: Asia Pacific Investment Company No.2 Ltda) Equity securities: 56,738,401 units, $61,172,134 cost value, $61,172,134 carrying amount Name of Company: SG Domain Pte Ltda) Equity securities: 30,000,000 units, $30,000,000 cost value, $30,000,000 carrying amountd) Unsecured Loans: $31,233,414, cost value, $27,911,285 carrying amount Notes to Form 1 Annex 1N 'Transfer (to) from shareholder's fund/head office' row 3 - SingaporeInsurance Fund Life - Non-Participating:-Includes $35,487,308 transfer from Singapore Insurance Fund General.
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: SIF - Participating
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
2,862,322,596
15,615,803
1,173,874,952
41,182,940
14,223,770
3,993,622,575
1,239,255,516
7,518,156
46,707,118
92,816,262
2,583,768,463
0
0
2,911,465
3,957,940,668
35,681,907
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: SIF - Participating 2
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
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: SIF - Non-Participating
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
518,444,260
102,356,238
49,211,873
1,244,890
57,935
464,112,940
282,355,175
59,430,421
40,269,768
17,908,555
115,092,521
0
0
2,727,440
398,923,038
65,189,902
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: SIF - Investment-Linked
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
141,299,045
0
94,791,055
16,482,526
0
219,607,574
176,960,768
0
1,320,564
1,688,659
40,555,251
0
0
185,519
220,710,761
(1,103,187)
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: OIF - Participating
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
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: OIF - Participating 2
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
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: OIF - Non-Participating
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
382
1,097
0
(715)
0
0
22,428
0
0
0
0
1,019
23,447
(24,162)
2010
15/06/2012 04:12 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
ANNUAL RETURN: FORM 2 - FUND PROFIT AND LOSS ACCOUNT
Reporting Cycle: 12
Life: OIF - Investment-Linked
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
2010
15/06/2012 04:12 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
2,008,809,088
106,391,399
747,122,109
0
2,862,322,596
0
2,862,322,596
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
0
0
0
0
0
0
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
69,564,946
376,597,944
72,281,370
518,444,260
0
518,444,260
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
96,814,470
1,989,751
42,494,824
0
141,299,045
0
141,299,045
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
0
0
0
0
0
0
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
0
0
0
0
0
0
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
0
0
0
0
0
0
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2A - PREMIUM REVENUE IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (5 to 6) = Row 1 of Form 2
Row No.
1
2
3
4
5
6
7
Amount
0
0
0
0
0
0
0
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
15,615,803
0
0
15,615,803
15/06/2012 04:14:19 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
102,356,238
0
0
102,356,238
15/06/2012 04:14:19 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2B - OUTWARD REINSURANCE PREMIUMS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Registered insurer / foreign insurer under the foreign insurerscheme
Authorised reinsurer / related corporation / head office / branch ofhead office of the registered insurer
Unregistered reinsurer
Total (1 to 3) = Row 2 of Form 2
Row No.
1
2
3
4
Amount
0
0
0
0
15/06/2012 04:14:19 PM
Life: SIF - Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
146,718,788
368,019,648
42,261,071
38,590,242
1,065,583
5,649,769
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
507,724,027
-51,622,367
0
-594,582
0
93,890,000
Unrealised ChangesFrom Last Reported
Value
-136,122,780
-43,774,102
31,283,193
-2,221,422
-948
173,008,832
Amount
518,320,035
272,623,179
73,544,264
35,774,238
1,064,635
272,548,601
1,173,874,952
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: SIF - Participating 2
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: SIF - Non-Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
7,378,816
46,796,137
0
0
21,182
-24,931
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
44,902,361
31,841,740
0
0
0
6,690,826
Unrealised ChangesFrom Last Reported
Value
-35,478,572
-53,211,686
0
0
0
296,000
Amount
16,802,605
25,426,191
0
0
21,182
6,961,895
49,211,873
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: SIF - Investment-Linked
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
20,536,656
11,622,300
0
0
17,252
891,516
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
121,315,245
-3,014,234
0
0
0
9,653,681
Unrealised ChangesFrom Last Reported
Value
-67,832,298
-2,161,353
0
0
0
3,762,290
Amount
74,019,603
6,446,713
0
0
17,252
14,307,487
94,791,055
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: OIF - Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: OIF - Participating 2
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: OIF - Non-Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
623
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
2,190
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
-29
0
0
-2,402
0
Amount
0
2,161
0
0
-1,779
0
382
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: OIF - Investment-Linked
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
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
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C - Investment Revenue
15/06/2012 04:13:38 PM
Life: SIF - Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
181,907
0
181,907
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
181,907
0
181,907
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(a) - Investment Revenue Of Assets In Surplus Account Of Participating Fund
15/06/2012 04:13:38 PM
Life: SIF - Participating 2
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
0
0
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(a) - Investment Revenue Of Assets In Surplus Account Of Participating Fund
15/06/2012 04:13:38 PM
Life: OIF - Participating
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
0
0
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(a) - Investment Revenue Of Assets In Surplus Account Of Participating Fund
15/06/2012 04:13:38 PM
Life: OIF - Participating 2
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
0
0
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(a) - Investment Revenue Of Assets In Surplus Account Of Participating Fund
15/06/2012 04:13:38 PM
Life: SIF - Investment-Linked
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
0
0
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(b) - Investment Revenue Of Assets In Unit Reserves Of Investment-linked Fund
15/06/2012 04:13:38 PM
Life: OIF - Investment-Linked
Description
Equity securities
Debt securities
Land and Buildings
Loans
Cash and deposits
Other invested assets
Total (1 to 6) = Row 3 of Form 2
Row No.
1
2
3
4
5
6
7
Interest / Dividend /Rental Income
0
0
0
0
0
0
0
Realised Gains(Losses) From Last
Reported Value /Write-backs(Write-offs)
0
0
0
0
0
0
0
Unrealised ChangesFrom Last Reported
Value
0
0
0
0
0
0
0
Amount
0
0
0
0
0
0
0
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Reporting Cycle:
ANNUAL RETURN: Annex 2C(b) - Investment Revenue Of Assets In Unit Reserves Of Investment-linked Fund
15/06/2012 04:13:38 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Miscellaneous Income 1 120,532
Gain on Sale of Fixed Assets 2 5,039
ILP Fee Income 3 13,881,819
Interest on overdue Premium 4 216,380
Total = Row 5 of Form 2 26 14,223,770
15/06/2012 04:14:33 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Miscellaneous Income 1 57,931
Interest on Overdue Premium 2 4
Total = Row 5 of Form 2 26 57,935
15/06/2012 04:14:33 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2D - BREAKDOWN OF OTHER INCOME
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Total = Row 5 of Form 2 26
15/06/2012 04:14:33 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
98,741,239
0
728,712,583
255,948,245
147,926,524
7,926,925
0
1,239,255,516
15/06/2012 04:14:19 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
0
0
0
0
0
0
0
0
15/06/2012 04:14:19 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
115,385,413
166,969,762
0
0
0
0
0
282,355,175
15/06/2012 04:14:19 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
3,160,276
0
0
173,800,492
0
0
0
176,960,768
15/06/2012 04:14:19 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
0
0
0
0
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
0
0
0
0
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
0
0
0
0
0
0
0
0
15/06/2012 04:14:19 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2E - CLAIMS OF DIRECT LIFE INSURER
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
Total (1 to 7) = Row 7 of Form 2
Row No.
1
2
3
4
5
6
7
8
Amount
0
0
0
0
0
0
0
0
15/06/2012 04:14:19 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
28,427,171
2,166,251
0
99,166
191,862
0
963,992
182,242
696,628
1,386,650
1,717,090
0
251,238
4,523,565
14,707
76,566
Other Expenses 1 5,106,082
Staff Training 2 256,659
Professional Fees 3 647,249
Total = Row 9 of Form 2 27 46,707,118
15/06/2012 04:14:38 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
Total = Row 9 of Form 2 27 0
15/06/2012 04:14:38 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
24,694,445
1,881,829
0
86,146
171,797
0
837,422
158,315
945,488
1,206,808
1,256,894
0
197,189
3,095,527
12,776
66,512
Other Expenses 1 4,933,739
Staff Training 2 222,961
Professional fees 3 501,920
Total = Row 9 of Form 2 27 40,269,768
15/06/2012 04:14:38 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
889,539
67,787
0
3,103
6,004
0
30,166
5,703
21,898
43,391
51,512
0
3,727
86,139
460
2,396
Other Expenses 1 83,583
Staff Training 2 8,031
Professional Fees 3 17,125
Total = Row 9 of Form 2 27 1,320,564
15/06/2012 04:14:38 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
Total = Row 9 of Form 2 27 0
15/06/2012 04:14:38 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
Total = Row 9 of Form 2 27 0
15/06/2012 04:14:38 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
16,660
1,270
0
58
112
0
565
107
357
813
848
0
-2,017
1,886
9
45
Other Expenses 1 1,244
Staff Training 2 150
Professional Fees 3 321
Total = Row 9 of Form 2 27 22,428
15/06/2012 04:14:38 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2F - MANAGEMENT EXPENSES
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
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
Total = Row 9 of Form 2 27 0
15/06/2012 04:14:38 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
Row No.
1
2
3
4
5
6
7
8
9
10
11
12
Amount
25,346,550
30,137,496
7,276,316
7,276,089
0
11,957,352
0
15,076,050
3,247,459
100,317,312
7,501,050
92,816,262
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
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
15/06/2012 04:14:19 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
Row No.
1
2
3
4
5
6
7
8
9
10
11
12
Amount
0
6,246,050
854,207
6,421,144
0
1,347,154
0
3,509,291
350,247
18,728,093
819,538
17,908,555
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
Row No.
1
2
3
4
5
6
7
8
9
10
11
12
Amount
339,570
723,844
7,024
0
0
132,153
0
451,803
34,265
1,688,659
0
1,688,659
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
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
15/06/2012 04:14:19 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
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
15/06/2012 04:14:19 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
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
15/06/2012 04:14:19 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2G - DISTRIBUTION EXPENSES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Individual business:
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
Total (10 - 11) = Row 10 of Form 2
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
15/06/2012 04:14:19 PM
Life: SIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
20,667,961,873
18,084,193,410
2,583,768,463
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:14:19 PM
Life: SIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
1,097,687,581
982,595,060
115,092,521
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: SIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
1,307,145,448
1,266,590,197
40,555,251
OF LIFE BUSINESS
15/06/2012 04:14:19 PM
Life: OIF - Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:14:19 PM
Life: OIF - Participating 2
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:14:19 PM
Life: OIF - Non-Participating
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:14:19 PM
Life: OIF - Investment-Linked
122010Reporting Cycle:
ANNUAL RETURN: ANNEX 2H - NET POLICY LIABILITIES IN RESPECT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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
15/06/2012 04:14:19 PM
Life: SIF - Participating
ANNUAL RETURN: ANNEX 2I - BREAKDOWN OF OTHER EXPENSES
Reporting Cycle:
I808C
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Depreciation of fixed assets 1 3,396,109
Allocation of management and selling expenses 2 -484,853
Other Expenses 3 209
Total = Row 14 of Form 2 26 2,911,465
15/06/2012 04:14:45 PM
Life: SIF - Non-Participating
ANNUAL RETURN: ANNEX 2I - BREAKDOWN OF OTHER EXPENSES
Reporting Cycle:
I808C
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Recharge of Depreciation from Par Fund 1 2,841,307
Allocation of management and selling expenses 2 -113,867
Total = Row 14 of Form 2 26 2,727,440
15/06/2012 04:14:45 PM
Life: SIF - Investment-Linked
ANNUAL RETURN: ANNEX 2I - BREAKDOWN OF OTHER EXPENSES
Reporting Cycle:
I808C
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Recharge of Depreciation from Par Fund 1 124,818
Allocation of management and selling expenses 2 60,701
Total = Row 14 of Form 2 26 185,519
15/06/2012 04:14:45 PM
Life: OIF - Non-Participating
ANNUAL RETURN: ANNEX 2I - BREAKDOWN OF OTHER EXPENSES
Reporting Cycle:
I808C
122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description Row No. Amount
Recharge of Depreciation from Par Fund 1 1,893
Allocation of management and selling expenses 2 -874
Total = Row 14 of Form 2 26 1,019
15/06/2012 04:14:45 PM
Life: SIF - Participating
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
35,500,000
181,907
0
181,907
0
35,681,907
ANNUAL RETURN: ANNEX 2J - NET INCOME OF PARTICIPATING FUND
Reporting Cycle:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13:56 PM
Life: SIF - Participating 2
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13:56 PM
Life: OIF - Participating
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13:56 PM
Life: OIF - Participating 2
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:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010
15/06/2012 04:13:56 PM
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Reporting Cycle: 2010 12
ANNUAL RETURN: FORM 2 - ADDITIONAL INFORMATION
NIL
15/06/2012 04:12 PM
Life: SIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
01,888,485,074
87,976000
1,888,573,050142,987,273
Single PremiumBusiness -Number of
Policies
048,970
17000
48,9872,172
342
15,01888
2,20100
39018,039
798
138234,599
1,857000
236,59442,239
Single PremiumBusiness - Sum
Insured
02,029,711,300
6,385,271000
2,036,096,5718,760,356
10,688,351
451,548,01019,382,30162,613,180
00
21,650,699565,882,541
3,175,219
711,5297,607,177,317
195,660,273000
7,803,549,119194,256,979
Regular PremiumBusiness -
Regular Premium
51,131,41950,591,430
6,673,0431,207,318
02,554,015
112,157,2250
1,530,487
7,164,5465,631,486
10,256,6373,609,512
08,069,190
36,261,8580
516,857,668282,340,531
37,954,1057,584,906
09,536,281
854,273,4910
Regular PremiumBusiness -Number of
Policies
18,16113,18313,089
00
1,44145,874
0
1,129
6,30712,85211,700
2,0730
68834,749
0
402,497227,335
45,95500
11,582687,369
0
Regular PremiumBusiness - Sum
Insured
1,568,032,776393,135,742
2,408,281,35200
416,428,8264,785,878,696
0
53,836,614
111,183,7631,467,172,643
421,548,55887,881,097
0104,694,895
2,246,317,5700
21,520,646,8517,525,235,050
11,376,904,59100
1,597,912,96442,020,699,456
0
15/06/2012 04:12 PM
Life: SIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
15/06/2012 04:12 PM
Life: SIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
00
54,7460
5090
55,2550
Single PremiumBusiness -Number of
Policies
00000000
51
0(10)
0000
410
0000
10,6850
10,6850
Single PremiumBusiness - Sum
Insured
00
1,042,250000
1,042,2500
9,204,500
0231,941,820
000
14,522,121255,668,441
0
00
4,509,228,750000
4,509,228,7500
Regular PremiumBusiness -
Regular Premium
00
7,916,5020
37,988,0590
45,904,5610
1,445,533
011,957,097
000
(927,262)12,475,368
0
00
98,017,1170
250,469,5550
348,486,6720
Regular PremiumBusiness -Number of
Policies
00
40,2040
64,4550
104,6590
5,071
072,666
000
4,94582,682
0
00
996,5180
1,207,0480
2,203,5660
Regular PremiumBusiness - Sum
Insured
00
1,913,458,000000
1,913,458,0000
65,372,455
0958,638,000
000
381,062,0001,405,072,455
0
00
45,430,879,336000
45,430,879,3360
15/06/2012 04:12 PM
Life: SIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
95,978,02100000
95,978,0210
Single PremiumBusiness -Number of
Policies
1,37000000
1,3700
105
00
4,27500
354,415
0
53,22000000
53,2200
Single PremiumBusiness - Sum
Insured
107,565,79900000
107,565,7990
3,059,597
00
110,329,17200
73,763,834187,152,603
0
1,339,305,26800000
1,339,305,2680
Regular PremiumBusiness -
Regular Premium
5,847,03400000
5,847,0340
87,760
00
4,886,65100
1,009,0265,983,437
0
54,465,38600000
54,465,3860
Regular PremiumBusiness -Number of
Policies
1,20000000
1,2000
27
00
2,09000
622,179
0
21,79300000
21,7930
Regular PremiumBusiness - Sum
Insured
47,821,7420000
17,745,00065,566,742
0
851,640
00
24,899,16600
34,953,05260,703,858
0
357,762,8610000
136,793,800494,556,661
0
15/06/2012 04:12 PM
Life: OIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
15/06/2012 04:12 PM
Life: OIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
15/06/2012 04:12 PM
Life: OIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
15/06/2012 04:12 PM
Life: OIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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 -
Death, total permanent disability, critical illness
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
15/06/2012 04:12 PM
2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Life: SIF - Participating
Reporting Cycle: 12
ANNUAL RETURN: NOTES TO FORM 3
Note 1 - Details of mortgage reducing term policies (Rows 3 and 20).
New Business Single Premium Regular Premium
New Business 87,976 1,800,458
Total 87,976 1,800,458
Note 1 - Details of mortgage reducing term policies (Rows 3 and 20).
Business in Force Single Premium Regular Premium
Business in Force 11,670,004
Total 11,670,004
Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).
New Business Single Premium Regular Premium
Family Plus 0 2,554,015
Total 0 2,554,015
Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).
Terminations and Transfers Single Premium Regular Premium
Freelook 2,226,564
Paid-up 1,104,214
Decreases under existing policies 4,738,412
Alterations 0
Total 8,069,190
Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).
Business in Force Single Premium Regular Premium
15/06/2012 04:16 PM
Family Plus 9,536,281
Total 9,536,281
Note 3 - Details of annuity contracts sold under the CPF Minimum Sum Scheme (Rows 8 and 25).
New Business Single Premium Regular Premium
New Business 46,197,745 0
Total 46,197,745 0
15/06/2012 04:16 PM
2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Life: SIF - Non-Participating
Reporting Cycle: 12
ANNUAL RETURN: NOTES TO FORM 3
Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).
Terminations and Transfers Single Premium Regular Premium
Freelook 206,781
Paid-up 366,082
Decreases under existing policies 504,829
Top-up (Regular Premium only) -3,208,720
Alterations 1,203,766
Total -927,262
15/06/2012 04:16 PM
2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Life: SIF - Investment-Linked
Reporting Cycle: 12
ANNUAL RETURN: NOTES TO FORM 3
Note 2 - Breakdown for 'Others' (Rows 6, 15 and 23).
Terminations and Transfers Single Premium Regular Premium
Freelook 38,960
Units and SA transfers 155,040
Reductions and Partial Withdrawals 815,026
Riders 0
Alterations 0
Total 1,009,026
15/06/2012 04:16 PM
FORM 2 - ADDITIONAL INFORMATION
ANNUAL RETURN: FORM 3 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
NIL
15/06/2012 04:12 PM
Life: SIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
1
Number ofLives Covered
000000
00
000
00
0000
0
76
Sum Insured
000000
00
000
00
0000
0
273,600
Premiums -Single
000000
00
Premiums -Regular
000000
00
000
00
0000
0
69,202
15/06/2012 04:12 PM
Life: SIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
Life: SIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
224300
4,2470
4,7710
00
9,15700
9,1570
8541,490
14,4780
16,822
0
Number ofLives Covered
13,55389,39335,041
0137,987
0
131,9190
286,2231,232
4
287,4590
655,466412,671274,040
0
1,342,177
0
Sum Insured
467,097,7320
38,030,0000
505,127,7320
1,844,141,0280
2,100,170,48319,756,92456,285,706
2,176,213,1130
15,128,341,9950
702,410,0000
15,830,751,995
0
Premiums -Single
000000
00
Premiums -Regular
841,043328,112
3,759,8100
4,928,9650
16,542,3790
12,964,03546,532
412,829
13,423,3960
31,066,1542,687,300
38,217,7670
71,971,221
0
15/06/2012 04:12 PM
Life: SIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
Life: OIF - Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
Life: OIF - Participating 2
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
Life: OIF - Non-Participating
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
Life: OIF - Investment-Linked
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
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
15/06/2012 04:12 PM
2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Life: SIF - Non-Participating
Reporting Cycle: 12
ANNUAL RETURN: NOTES TO FORM 4
Note 1 - Breakdown for 'Others' (Rows 4, 11 and 17).
Terminations and Transfers Single Premium Regular Premium
Decreasing under existing contracts 412,829
Total 412,829
15/06/2012 04:16 PM
FORM 2 - ADDITIONAL INFORMATION
ANNUAL RETURN: FORM 4 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:12 PM
Form 7(a) - Accident and Health Insurance (Long-term)
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 7 - STATEMENT IN RESPECT OF ACCIDENT AND HEALTH INSURANCE
12Reporting Cycle: 2010
I808C
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
Gross claims settled
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
Reinsurance 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
239,848,414
98,962,207
140,886,207
75,254,563
82,752,986
133,387,784
148,058,774
57,978,495
90,080,279
24,815,306
18,591,861
96,303,724
16,259,715
7,158,346
5,052
7,153,294
3,738,870
9,932,181
7,988,847
17,921,028
804,501
803,861
143,289
MedicalExpense
Group
1,201,509
0
1,201,509
1,147,670
904,887
1,444,292
593,760
0
593,760
5,402,434
5,199,170
797,024
407,547
24,315
0
24,315
4,168
211,238
265,016
476,254
80
30,556
1,987
Critical Illness
Individual
5,413,297
29,533
5,383,764
3,101,674
5,378,923
3,106,515
95,260
7,220
88,040
662,797
392,174
358,663
88,334
132,455
14,186
118,269
57,268
2,483,981
2,142,176
4,626,157
68,371
58,308
363
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
111,932,680
6,408
111,926,272
558,908,131
649,812,405
21,021,998
5,167,235
1,567
5,165,668
0
0
5,165,668
6,171,792
508,020
3,078
504,942
136,564
9,043,032
24,017,610
33,060,642
494,565
461,762
533
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
2,351,621
12,830
2,338,791
1,244,195
1,183,155
2,399,831
206,264
3,137
203,127
168,316
200,053
171,390
38,374
57,540
6,163
51,377
24,878
2,113,812
930,595
3,044,407
42,428
41,066
560
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
3,827,317
20,879
3,806,438
1,952,665
1,976,481
3,782,622
2,149,349
5,106
2,144,243
1,719,579
1,600,478
2,263,344
62,454
93,648
10,030
83,618
40,490
1,332,716
1,514,565
2,847,281
65,241
62,900
3,444
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
363,373,329
99,031,857
264,341,472
640,461,228
741,103,950
163,698,750
155,676,882
57,995,525
97,681,357
27,365,998
20,784,566
104,262,789
22,620,669
7,950,009
38,509
7,911,500
3,998,070
24,905,722
36,593,793
61,499,515
1,475,106
1,427,897
148,189
Total
Group
1,201,509
0
1,201,509
1,147,670
904,887
1,444,292
593,760
0
593,760
5,402,434
5,199,170
797,024
407,547
24,315
0
24,315
4,168
211,238
265,016
476,254
80
30,556
1,987
15/06/2012 04:13 PM
Form 7(b) - Accident and Health Insurance (Short-term)
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 7 - STATEMENT IN RESPECT OF ACCIDENT AND HEALTH INSURANCE
12Reporting Cycle: 2010
I808C
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
Gross claims settled
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
Reinsurance 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
252,650
0
252,650
193,804
166,974
279,480
196,969
0
196,969
154,172
124,266
226,875
53,558
41,941
0
41,941
11,835
-54,729
5,378
-49,351
130
218
74
MedicalExpense
Group
36,477,335
0
36,477,335
7,827,491
10,699,917
33,604,909
25,510,527
0
25,510,527
10,752,690
7,007,657
29,255,560
7,409,882
5,037,269
0
5,037,269
854,513
-8,952,315
731,797
-8,220,518
14,393
237,212
207,660
Critical Illness
Individual
0
0
0
24,617
0
24,617
0
0
0
0
24,650
-24,650
0
0
0
0
0
49,267
0
49,267
0
0
0
Critical Illness
Group
1,383,994
0
1,383,994
296,815
296,815
1,383,994
366,026
22,661
343,365
0
0
343,365
217,714
20,910
0
20,910
18,801
783,204
18,641
801,845
97
5,559
9
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
82,294
0
82,294
0
0
82,294
50,000
0
50,000
0
0
50,000
1,052
2,479
0
2,479
108
28,655
0
28,655
5
85
0
PersonalAccident
Individual
18,782,660
399,825
18,382,835
5,199,942
4,789,286
18,793,491
5,146,710
532,069
4,614,641
4,837,085
4,101,251
5,350,475
4,450,913
406,529
-20
406,549
1,170,829
7,414,725
1,225,460
8,640,185
68,447
68,447
8,227
PersonalAccident
Group
8,698,035
176,543
8,521,492
2,405,699
2,480,949
8,446,242
6,685,352
503,548
6,181,804
4,041,809
3,848,004
6,375,609
2,011,618
449,170
-6
449,176
431,270
-821,431
423,638
-397,793
7,527
432,837
19,334
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
226,046
0
226,046
105,675
130,820
200,901
71,697
0
71,697
48,100
51,715
68,082
47,919
37,525
0
37,525
10,589
36,786
4,812
41,598
5
31,146
198
Total
Individual
19,035,310
399,825
18,635,485
5,418,363
4,956,260
19,097,588
5,343,679
532,069
4,811,610
4,991,257
4,250,167
5,552,700
4,504,471
448,470
-20
448,490
1,182,664
7,409,263
1,230,838
8,640,101
68,577
68,665
8,301
Total
Group
46,867,704
176,543
46,691,161
10,635,680
13,608,501
43,718,340
32,683,602
526,209
32,157,393
14,842,599
10,907,376
36,092,616
9,688,185
5,547,353
-6
5,547,359
1,315,281
-8,925,101
1,178,888
-7,746,213
22,027
706,839
227,201
15/06/2012 04:13 PM
ANNUAL RETURN: NOTES TO FORM 7
Reporting Cycle:
Note 1 - Items in this Form may be allocated according to a reasonable basis used by theregistered insurer. The bases used shall be stated as a Note to this Form.
15/06/2012 04:16 PM
ANNUAL RETURN: FORM 7 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:13 PM
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 8 - BALANCE SHEET IN RESPECT OF GLOBAL BUSINESS OPERATIONS
Reporting Cycle: 122010
Description
ASSETSEquity securitiesDebt securitiesLand and buildings
Loans
Cash and depositsOther invested assets
Investment income due or accrued
Outstanding premiums and agents' balances
Deposits withheld by cedantsReinsurance recoverables (on paid claims)Income tax recoverables
Fixed assets
Inter-fund balances and intra-group balances (due from)
Other assetsTotal Assets (1 to 14)LIABILITIESPolicy liabilitiesOther 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) OthersTotal Liabilities (16 to 23)NET ASSETS (15 - 24)SHAREHOLDERS' EQUITY & SURPLUSPaid-up capital
Reserves: Unappropriated profits (losses)
Other reservesSurplus
Total (26 to 29)
RowNo.
123
4
56
7
8
91011
12
13
1415
16
1718
192021
22232425
26
27
2829
30
Business in Singapore- Life Business
6,996,733,47813,988,838,795
1,055,786,000
868,931,974
1,144,725,554215,659,576
6,232,200
60,124,099
02,492,0751,130,478
34,116,192
14,966,908
80,476,48724,470,213,816
23,072,794,902
55,488,9580
01,191,186
0
19,117,933482,533,730
23,631,126,709839,087,107
839,087,107
839,087,107
Business in Singapore- General Business
301,817,264792,385,511
0
157,162
65,629,0931,378,808
44,037
9,992,947
02,264,506
0
0
9,432
436,7841,174,115,544
580,776,022
1,486,3700
2,002,3481,993,910
0
23,233,62418,890,649
628,382,923545,732,621
545,732,621
545,732,621
Overseas (Branch)Operations - Life
Business
000
0
00
0
0
000
0
0
00
0
00
000
0000
0
0
Overseas (Branch)Operations - General
Business
000
0
00
0
0
000
0
0
00
0
00
000
0000
0
0
Shareholders Fund
380,143,1321,240,760
0
0
10,209,0426,936,381
243,733
0
000
0
27,475,859
14,116,018440,364,925
00
000
6,997,64817,154,13924,151,787
416,213,138
438,713,260
-22,500,122
0
416,213,138
Total
7,678,693,87414,782,465,066
1,055,786,000
869,089,136
1,220,563,689223,974,765
6,519,970
70,117,046
04,756,5811,130,478
34,116,192
42,452,199
95,029,28926,084,694,285
23,653,570,924
56,975,3280
2,002,3483,185,096
0
49,349,205518,578,518
24,283,661,4191,801,032,866
438,713,260
-22,500,122
01,384,819,728
1,801,032,866
15/06/2012 04:13 PM
ANNUAL RETURN: ANNEX 8A - STATEMENT OF CHANGES IN EQUITY OF SHAREHOLDERS FUND
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
12Reporting Cycle: 2010
I808C
Description
Balance at beginning of period
Changes in accounting policy
Increase (decrease) in reserves
Net profit for the period
Dividends paid for the period
Issue of share capital
Transfer (to) from insurance funds maintained in Singapore
Transfer (to) from overseas (branch) operations
Balance at End of Period
Row No.
1
2
3
4
5
6
7
8
9
Paid-up Capital
438,613,250
0
0
0
0
100,010
0
0
438,713,260
Other Reserves
0
0
0
0
0
0
0
0
0
UnappropriatedProfits (Losses)(Please Specify)
-42,158,249
0
0
28,266,989
-38,431,862
0
29,823,000
0
-22,500,122
Total
396,455,001
0
0
28,266,989
-38,431,862
100,010
29,823,000
0
416,213,138
15/06/2012 04:15 PM
ANNUAL RETURN: ANNEX 8B - INTRA-GROUP BALANCES IN RESPECT OF OVERSEAS OPERATIONS(GENERAL BUSINESS)
12Reporting Cycle: 2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Due From
Balances due from head office / shareholders fund
Balances due from related corporations
Balances due from insurance funds established and maintained under theAct
Total Balances Due From
Due To
Balances due to head office / shareholders fund
Balances due to related corporations
Balances due to insurance funds established and maintained under the Act
Total Balances Due To
Total Net Balances (4 - 8)
Row No.
1
2
3
4
5
6
7
8
9
Amount
0
0
0
0
0
0
0
0
0
15/06/2012 04:16 PM
ANNUAL RETURN: ANNEX 8C - INTRA-GROUP BALANCES IN RESPECT OF OVERSEAS OPERATIONS (LIFEBUSINESS)
12Reporting Cycle: 2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Due From
Balances due from head office / shareholders fund
Balances due from related corporations
Balances due from insurance funds established and maintained under theAct
Total Balances Due From
Due To
Balances due to head office / shareholders fund
Balances due to related corporations
Balances due to insurance funds established and maintained under the Act
Total Balances Due To
Total Net Balances (4 - 8)
Row No.
1
2
3
4
5
6
7
8
9
Amount
0
0
0
0
0
0
0
0
0
15/06/2012 04:15 PM
Reporting Cycle:
ANNUAL RETURN: NOTES TO FORM 8
Note 1 Breakdown of "Other Reserves" Row No. Amount
15/06/2012 04:14 PM
ANNUAL RETURN: FORM 8 - ADDITIONAL INFORMATION
122010Reporting Cycle:
Out of the Share Capital of $438,713,260, there is an amount of $14,159,520 invested in TreasuryShares as disclosed in the Financial Statement.
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:13 PM
ANNUAL RETURN: FORM 9 - PROFIT AND LOSS ACCOUNT IN RESPECT OF GLOBAL BUSINESS OPERATIONS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
12Reporting Cycle: 2010
I808C
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 writtenoff on receivables
Taxation expenses
Other expenses
Total Outgo (7 to 14)
NET INCOME (6 - 15)
Row No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Business inSingapore - Life
Business
3,522,065,901
117,972,041
1,317,878,262
58,911,453
14,281,705
4,677,342,374
1,698,571,459
66,948,577
88,319,878
112,413,476
2,739,416,235
0
0
5,825,443
4,577,597,914
99,744,460
Business inSingapore -
GeneralBusiness
299,935,278
12,943,888
57,541,566
1,796,322
637,338
343,373,972
157,893,552
8,238,103
40,788,700
29,431,829
42,519,769
-2,218,034
0
2,910,730
263,088,443
80,285,529
Overseas(Branch)
Operations -Life Business
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Overseas(Branch)
Operations -General
Business
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ShareholdersFund
49,946,902
2,634,235
0
47,312,667
3,750,080
0
0
0
15,295,599
19,045,679
28,266,988
Total
3,822,001,179
130,915,929
1,425,366,730
63,342,010
14,919,043
5,068,029,013
1,856,465,011
75,186,680
132,858,658
141,845,305
2,781,936,004
-2,218,034
0
24,031,772
4,859,732,036
208,296,977
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 9 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15 PM
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
402,635
186,821
216,632
0
0
35,052
0
841,140
Particulars ofthe PoliciesValuation
Sum Insured
0
21,521,358,380
5,743,345,410
6,758,494,098
0
0
139,550,883
0
34,162,748,771
Particulars ofthe PoliciesValuation
OfficePremuims
0
516,857,668
0
278,561,981
0
0
0
0
795,419,649
Present ValueStatistics
Benefits
0
5,368,732,562
4,720,146,622
3,478,458,476
0
0
2,022,868,013
4,434,477
15,594,640,150
Present ValueStatistics
Expenses
0
294,869,574
41,333,000
112,710,815
0
0
27,287,863
0
476,201,252
Present ValueStatistics
Premiums
0
5,284,536,898
1,937,837
2,045,873,332
0
0
0
0
7,332,348,067
Present ValueStatistics
PAD
0
6,484,470,657
808,391,333
1,857,131,433
0
0
553,210,457
706,116
9,703,909,996
Present ValueStatistics
NegativeReserves
0
46,643,557
120,038
3,024,403
0
0
0
0
49,787,998
Present ValueStatistics
Total
0
6,910,179,452
5,568,053,156
3,405,451,795
0
0
2,603,366,333
5,140,593
18,492,191,329
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
12Reporting Cycle: 2010
I808C
Life: Singapore Insurance Fund
Group 2 - Non-Participating Policies
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
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
47,778
10,703
47,812
0
7,188
11,582
125,063
966,203
Sum Insured
0
0
1,863,831,907
766,740,952
11,572,564,864
0
54,979,696
1,597,912,964
15,856,030,383
50,018,779,154
Office Premuims
0
0
0
3,778,549
37,954,105
7,584,906
69,202
9,536,281
58,923,043
854,342,692
Benefits
0
0
1,785,841,264
67,278,121
251,263,346
7,573,535
225,546,296
23,456,806
2,360,959,368
17,955,599,518
Expenses
0
0
4,574,693
3,560,354
33,604,810
0
2,199,281
6,962,509
50,901,647
527,102,899
Premiums
0
0
47,000
25,635,194
329,461,638
0
39,000
89,379,804
444,562,636
7,776,910,703
PAD
0
0
1,970,758
3,809,491
100,439,221
923,547
6,914,283
10,385,367
124,442,667
9,828,352,663
Negatve Reserves
0
0
0
0
27,350,745
0
0
56,678,752
84,029,497
133,817,495
Present Value Statistics Total
0
0
1,792,339,715
49,012,772
83,196,484
8,497,082
234,620,860
8,103,630
2,175,770,543
20,667,961,872
15/06/2012 04:15 PM
Form14(a)(ii) - Minimum Condition Liability 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
402,635
186,821
216,632
0
0
35,052
0
841,140
Particulars ofthe PoliciesValuation
Sum Insured
0
21,521,358,380
5,743,345,410
6,758,494,098
0
0
139,550,883
0
34,162,748,771
Particulars ofthe PoliciesValuation
OfficePremuims
0
516,857,668
0
278,561,981
0
0
0
0
795,419,649
Present ValueStatistics
Benefits
0
7,453,754,595
5,477,687,186
4,312,087,765
0
0
2,422,404,598
4,434,477
19,670,368,621
Present ValueStatistics
Expenses
0
373,559,232
47,108,045
134,443,243
0
0
35,180,133
0
590,290,653
Present ValueStatistics
Premiums
0
6,475,110,800
1,937,837
2,420,416,099
0
0
0
0
8,897,464,736
Present ValueStatistics
PAD
0
564,064,096
16,611,026
40,779,783
0
0
47,396,783
579,050
669,430,738
Present ValueStatistics
NegativeReserves
0
702,069,193
14,228
204,210,552
0
0
136,203,421
0
1,042,497,394
Present ValueStatistics
Total
0
2,618,336,316
5,539,482,648
2,271,105,244
0
0
2,641,184,935
5,013,527
13,075,122,670
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
12Reporting Cycle: 2010
I808C
Life: Singapore Insurance Fund
Group 2 - Non-Participating Policies
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
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
47,778
10,703
47,812
0
7,188
11,582
125,063
966,203
Sum Insured
0
0
1,863,831,907
766,740,952
11,572,564,864
0
54,979,696
1,597,912,964
15,856,030,383
50,018,779,154
Office Premuims
0
0
0
3,778,549
37,954,105
7,584,906
69,202
9,536,281
58,923,043
854,342,692
Benefits
0
0
1,785,841,264
67,278,121
251,263,346
7,573,535
225,546,296
23,456,806
2,360,959,368
22,031,327,989
Expenses
0
0
4,574,693
3,560,354
33,604,810
0
2,199,281
6,962,509
50,901,647
641,192,300
Premiums
0
0
47,000
25,635,194
329,461,638
0
39,000
89,379,804
444,562,636
9,342,027,372
PAD
0
0
1,616,118
3,123,969
82,365,090
757,354
5,670,051
8,516,511
102,049,093
771,479,831
Negatve Reserves
0
0
0
0
27,350,745
0
0
56,678,752
84,029,497
1,126,526,891
Present Value Statistics Total
0
0
1,791,985,075
48,327,250
65,122,353
8,330,889
233,376,628
6,234,774
2,153,376,969
15,228,499,639
15/06/2012 04:15 PM
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
Particulars ofthe PoliciesValuation
Sum Insured
0
0
0
0
0
0
0
0
0
Particulars ofthe PoliciesValuation
OfficePremuims
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Benefits
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Expenses
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Premiums
0
0
0
0
0
0
0
0
0
Present ValueStatistics
PAD
0
0
0
0
0
0
0
0
0
Present ValueStatistics
NegativeReserves
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Total
0
0
0
0
0
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
12Reporting Cycle: 2010
I808C
Life: Offshore Insurance Fund
Group 2 - Non-Participating Policies
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
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
15/06/2012 04:15 PM
Form14(a)(ii) - Minimum Condition Liability 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
Particulars ofthe PoliciesValuation
Sum Insured
0
0
0
0
0
0
0
0
0
Particulars ofthe PoliciesValuation
OfficePremuims
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Benefits
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Expenses
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Premiums
0
0
0
0
0
0
0
0
0
Present ValueStatistics
PAD
0
0
0
0
0
0
0
0
0
Present ValueStatistics
NegativeReserves
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Total
0
0
0
0
0
0
0
0
0
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
12Reporting Cycle: 2010
I808C
Life: Offshore Insurance Fund
Group 2 - Non-Participating Policies
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
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
15/06/2012 04:15 PM
Form14(b) - Policy Liabilities of Non-Participating Fund
Description
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
Annuity
Others
Total (1 to 8)
RowNo.
1
2
3
4
5
6
7
8
9
Particulars ofthe PoliciesValuation
Number ofPolicies
0
0
0
0
997,372
813,073
0
420,628
2,231,073
Particulars ofthe PoliciesValuation
Sum Insured
0
0
0
0
60,559,221,331
702,410,000
0
0
61,261,631,331
Particulars ofthe PoliciesValuation
OfficePremuims
0
0
0
0
0
0
0
111,153,281
111,153,281
Present ValueStatistics
Benefits
0
0
0
0
1,740,873,813
149,796,942
0
1,077,098,777
2,967,769,532
Present ValueStatistics
Expenses
0
0
0
0
97,337,094
0
0
168,490,690
265,827,784
Present ValueStatistics
Premiums
0
0
0
0
1,771,251,903
0
0
869,266,214
2,640,518,117
Present ValueStatistics
PAD
0
0
0
0
126,196,851
0
0
246,225,161
372,422,012
Present ValueStatistics
NegativeReserves
0
0
0
0
104,929,133
0
0
27,257,239
132,186,372
Present ValueStatistics
Total
0
0
0
0
298,084,988
149,796,942
0
649,805,653
1,097,687,583
Life: Singapore Insurance Fund
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
15/06/2012 04:16 PM
Form14(c) - Policy Liabilities of Investment-Linked Fund
Description
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
Annuity
Others
Total (1 to 8)
RowNo.
1
2
3
4
5
6
7
8
9
Particulars ofthe PoliciesValuation
Number ofPolicies
53,220
21,793
0
0
0
0
0
0
75,013
Particulars ofthe PoliciesValuation
Sum Insured
1,339,305,268
357,762,861
0
0
0
0
0
136,793,800
1,833,861,929
Particulars ofthe PoliciesValuation
OfficePremuims
0
54,465,386
0
0
0
0
0
0
54,465,386
Present ValueStatistics
Benefits
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Expenses
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Premiums
0
0
0
0
0
0
0
0
0
Present ValueStatistics
PAD
0
0
0
0
0
0
0
0
0
Present ValueStatistics
NegativeReserves
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Total
0
0
0
0
0
0
0
0
0
Unit Reserves
Unit Reserves
1,139,203,332
167,942,116
0
0
0
0
0
0
1,307,145,448
Total
Total
1,139,203,332
167,942,116
0
0
0
0
0
0
1,307,145,448
Life: Singapore Insurance Fund
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
15/06/2012 04:16 PM
Form14(b) - Policy Liabilities of Non-Participating Fund
Description
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
Annuity
Others
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
Particulars ofthe PoliciesValuation
Sum Insured
0
0
0
0
0
0
0
0
0
Particulars ofthe PoliciesValuation
OfficePremuims
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Benefits
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Expenses
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Premiums
0
0
0
0
0
0
0
0
0
Present ValueStatistics
PAD
0
0
0
0
0
0
0
0
0
Present ValueStatistics
NegativeReserves
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Total
0
0
0
0
0
0
0
0
0
Life: Offshore Insurance Fund
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
15/06/2012 04:16 PM
Form14(c) - Policy Liabilities of Investment-Linked Fund
Description
Whole Life
- Single Premium
- Regular Premium
Endowment
- Single Premium
- Regular Premium
Term
Acccident and Health
Annuity
Others
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
Particulars ofthe PoliciesValuation
Sum Insured
0
0
0
0
0
0
0
0
0
Particulars ofthe PoliciesValuation
OfficePremuims
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Benefits
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Expenses
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Premiums
0
0
0
0
0
0
0
0
0
Present ValueStatistics
PAD
0
0
0
0
0
0
0
0
0
Present ValueStatistics
NegativeReserves
0
0
0
0
0
0
0
0
0
Present ValueStatistics
Total
0
0
0
0
0
0
0
0
0
Unit Reserves
Unit Reserves
0
0
0
0
0
0
0
0
0
Total
Total
0
0
0
0
0
0
0
0
0
Life: Offshore Insurance Fund
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
ANNUAL RETURN: FORM 14 - ABSTRACT OF VALUATION RESULTS OF LIFE BUSINESS OF DIRECT LIFE INSURER
15/06/2012 04:16 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
ANNUAL RETURN: FORM 14 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
I808C
15/06/2012 04:15 PM
Life: SIF - Participating
Description Row No. From 01/01/2010 to 31/12/2010
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
22,223,356
-98,741,239
-403,874,769
602,305,101
-78,511,930
-174,557,733
437,122,070
Expected
-103,827,148
-445,957,268
885,789,306
-65,721,941
0
Actual LessExpected
22,223,356
5,085,909
42,082,499
-283,484,205
-12,789,989
-174,557,733
437,122,070
35,681,907
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: SIF - Participating 2
Description Row No. From 01/01/2010 to 31/12/2010
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
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: SIF - Non-Participating
Description Row No. From 01/01/2010 to 31/12/2010
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
28,044,427
-282,355,176
0
54,173,196
-52,259,814
14,415,130
-83,708,908
Expected
-333,350,732
0
4,774,230
-58,304,545
0
Actual LessExpected
28,044,427
50,995,556
0
49,398,966
6,044,731
14,415,130
-83,708,908
65,189,902
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: SIF - Investment-Linked
Description Row No. From 01/01/2010 to 31/12/2010
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
-911,371
0
0
15
495,978
0
-687,809
Expected
0
0
0
0
0
Actual LessExpected
-911,371
0
0
15
495,978
0
-687,809
-1,103,187
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: OIF - Participating
Description Row No. From 01/01/2010 to 31/12/2010
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
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: OIF - Participating 2
Description Row No. From 01/01/2010 to 31/12/2010
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
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: OIF - Non-Participating
Description Row No. From 01/01/2010 to 31/12/2010
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
382
-23,447
0
-1,097
Expected
0
0
0
0
0
Actual LessExpected
0
0
0
382
-23,447
0
-1,097
-24,162
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
Life: OIF - Investment-Linked
Description Row No. From 01/01/2010 to 31/12/2010
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
I808C
2010Reporting Cycle: 12
ANNUAL RETURN: FORM 16 - STATEMENT OF ANALYSIS OF EXPERIENCE OF INSURANCE FUND INRESPECT OF LIFE BUSINESS
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 16 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 17 - ACTUARY'S CERTIFICATE ON POLICY LIABILITIES INRESPECT OF LIFE BUSINESS
12Reporting Cycle: 2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
Participating Fund
Non-Participating Fund
Investment-Linked Fund
Singapore Insurance Fund
20,667,961,873
1,097,687,583
1,307,145,448
Offshore Insurance Fund
0
0
0
*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
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 17 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 18 - STATEMENT OF PARTICIPATING FUND ALLOCATIONS
12Reporting Cycle: 2010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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)
Allocation to surplus account
Row No.
1
2
3
4
5
6
SingaporeInsurance Fund
58,779,000
436,000
261,040,000
0
320,255,000
35,500,000
OffshoreInsurance Fund
0
0
0
0
0
0
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 18 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 19 - ACTUARY'S CERTIFICATE ON PARTICIPATING FUNDALLOCATIONS
12Reporting Cycle: 2010
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*.
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
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)
Allocation to surplus account
RowNo.
1
2
3
4
5
6
SingaporeInsurance Fund
58,779,000
436,000
261,040,000
0
320,255,000
35,500,000
OffshoreInsurance Fund
0
0
0
0
0
0
*Qualifications (if non, state "none"):
NoneNone
15/06/2012 04:15 PM
ANNUAL RETURN: FORM 19 - ADDITIONAL INFORMATION
122010Reporting Cycle:
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15 PM
Life: SIF - Participating
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
5,439,462,234
4,914,176,331
27,911,285
0
0
26,222,276
22,127,344
108,663,633
15,337,163,272
15,228,499,639
0
17,456,949,449
20,667,961,873
17,386,031,085
20,667,961,873
0
0
0
0
0
0
0
0
488,861,120
170,657,820
4,914,176,331
0
0
76,260,905
5,008,573,246
108,663,633
0
0
108,663,633
977,722,240
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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
488,861,120
-455,506,551
465,975,481
129,528,836
336,446,645
-921,482,032
859,045,139
-206,917,809
129,528,836
-336,446,645
1,065,962,948
859,045,139
22,215,433
168,925,760
0
9,695,342
11,263,899
2,048,867,813
000000
0
0
2,157,531,446
15/06/2012 04:13:10 PM
Life: SIF - Participating 2
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
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
15/06/2012 04:13:10 PM
Life: SIF - Non-Participating
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
36
Amount
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
135,818,518
1,233,506,099
1,097,687,581
0
0
1,376,986,220
0
0
0
0
0
0
664,242,527
0
0
664,242,527
0
135,818,518
0
135,818,518
0
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
545556575859
60
61
62
-35,816,795
101,358,641
25,245,526
76,113,115
-137,175,436
140,464,877
-50,867,589
25,245,526
-76,113,115
191,332,466
140,464,877
0
0
0
51,648
2,963,596
143,480,121
000000
0
0
279,298,639
15/06/2012 04:13:10 PM
Life: SIF - Investment-Linked
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
2,356,898
0
0
2,356,898
0
0
0
0
0
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
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
216,123
216,123
000000
0
0
216,123
15/06/2012 04:13:10 PM
Life: OIF - Participating
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
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
15/06/2012 04:13:10 PM
Life: OIF - Participating 2
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
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
15/06/2012 04:13:10 PM
Life: OIF - Non-Participating
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
1,829,862
0
0
1,829,862
0
0
0
0
0
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
545556575859
60
61
62
2,897
2,897
0
2,897
0
-2,897
-2,897
0
-2,897
0
2,897
0
0
0
0
955
3,852
000000
0
0
3,852
15/06/2012 04:13:10 PM
Life: OIF - Investment-Linked
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 registered 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
Minimum condition liability
(b) Surrender Value Condition Risk Requirement:
(zero or 19 - 20, whichever is higher)
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
Life Insurance Risk Requirement
(other than participating fund) (24 + 27)
(a) Policy Liability Risk Requirement:
(zero or 25 - 26, whichever is higher)
Modified policy liabilities
Policy Liabilities
(b) Surrender Value Condition Risk Requirement:
(zero or 28 - 29, whichever is higher)
Aggregate of surrender values of policies of the insurance fund
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
(b) General Risk Requirement
Debt Investment and Duration Mismatch 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
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
2010 12
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:10 PM
(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
environment (45 to 46)
Debt specific risk requirement
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)
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
15/06/2012 04:13:10 PM
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
122010Reporting Cycle:
ANNUAL RETURN: FORM 21 - ADDITIONAL INFORMATION
NIL
15/06/2012 04:13:10 PM
122010Reporting Cycle:
ANNUAL RETURN: FORM 22 - STATEMENT IN RELATION TO TOTAL RISK REQUIREMENT OF ASSETS ANDLIABILITIES OF REGISTERED INSURER THAT DO NOT BELONG TO ANY INSURANCE FUND ESTABLISHED AND
MAINTAINED UNDER THE ACT
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
Description
(i) Total Risk Requirement
A. Component 1 Requirement - Insurance Risks
Life Insurance Risk Requirement:
(for participating business only) (2 + 5)
(a) Policy Liability Risk Requirement: (zero or 3 - 4, whichever is higher)
Modified minimum condition liability
Minimum condition liability
(b) Surrender Value Condition Risk Requirement: (zero or 6 - 7, whichever is higher)
Aggregate of surrender values of policies
Higher of 8 or 9:
Sum of total risk requirement and minimum condition liability
Policy liabilities
Life Insurance Risk Requirement: (other than participating business) (11 + 14)
(a) Policy Liability Risk Requirement: (zero or 12 - 13, whichever is higher)
Modified policy liabilities
Policy liabilities
(b) Surrender Value Condition Risk Requirement: (zero or 15 - 16, whichever is higher)
Aggregate of surrender values of policies
Sum of total risk requirement and policy liabilities
General Insurance Risk Requirement (for general business) (18 to 19)
(a) Premium liability risk requirement
(b) Claim liability risk requirement
Total C1 Requirement (1 + 10 + 17)
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: (22 to 23)
(a) Specific Risk Requirement
(b) General Risk Requirement
Debt Investment and Duration Mismatch Risk Requirement:
(25 or 30, whichever is higher)
(a) Sum of: (26 + 29)
Debt investment risk requirement in an increasing interest rate environment
(27 to 28)
Debt specific risk requirement
Debt general risk requirement
Liability adjustment requirement in an increasing interest rate environment
(b) Sum of: (31 + 34)
Debt investment risk requirement in a decreasing interest rate environment
(32 to 33)
Debt 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
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
15/06/2012 04:15:22 PM
Negative of debt general risk requirement
Liability adjustment requirement in a decreasing interest rate environment
Loan Investment Risk Requirement
Property Risk Requirement
Derivative Counterparty Risk Requirement
Miscellaneous Risk Requirement
Total C2 Requirement (21 + 24 + 35 + 36 + 37 + 38)
Total Risk Requirement of Assets and Liabilities of Registered Insurer that do not
belong to any insurance fund established and maintained under the Act (20 + 39)
33
34
35
36
37
38
39
40
0
0
0
0
0
0
0
0
15/06/2012 04:15:22 PM
122010Reporting Cycle:
ANNUAL RETURN: FORM 22 - ADDITIONAL INFORMATION
NIL
NTUC INCOME INSURANCE CO-OPERATIVE LIMITEDI808C
15/06/2012 04:15:22 PM
FORM 23 - STATEMENT IN RELATION TO CAPITAL ADEQUACY REQUIREMENT OF REGISTERED INSURER
ANNUAL RETURN
Reporting Cycle: 122010
NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
Description
(i) Financial Resources of Registered 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:
Reinsurance adjustment
Financial resource adjustment: (10 to 14)
(a) loans to, guarantees granted for and other unsecured amounts owed to
the registered insurer
(b) charged assets
(c) deferred tax assets
(d) intangible assets
(e) other financial resource adjustments
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 Registered 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 Registered 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
27,911,285
1,240,760
0
442,435,414
22,127,344
2,662,074,696
0
1,214,161,908
170,657,820
438,713,260
-22,500,122
0
0
0
9,963
493,714,803
1,307,308,100
0
0
0
0
4,914,176,331
6,221,484,431
2,662,074,696
233.71 %
I808C
15/06/2012 04:13:16 PM
2010 12Reporting Cycle:
As $439 mil of share capital have been excluded from the Financial Resources, the Risk Requirementsof the backing assets have been correspondingly reduced.
ANNUAL RETURN: FORM 23 - ADDITIONAL INFORMATION
I808C NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
15/06/2012 04:13:16 PM