Life Insurance in New Zealand, Key Trends and Opportunities to 2018

Published: Jul, 2014 | Pages: 285 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


Synopsis
The report provides in-depth market analysis, information and insights into the New Zealand life insurance segment, including:
The New Zealand life insurance segment's growth prospects by life insurance categories 
Key trends and drivers for the life insurance segment 
The various distribution channels in the New Zealand life insurance segment
The detailed competitive landscape in the life insurance segment in New Zealand
Detailed regulatory policies of the New Zealand insurance industry
A description of the life reinsurance segment in New Zealand
Porter's Five Forces analysis of the life insurance segment 

Summary
The New Zealand life insurance segment grew during the review period, albeit at a moderate pace, at a review-period CAGR of 5.1%. This can be attributed to losses recorded due to a series of earthquakes caused in 2011. The life segment is expected to remain stable and register a CAGR of 6.6%, in gross written premium terms over the forecast period, supported by a recovery in economic conditions. High levels of underinsurance, coupled with an aging population are all expected to create demand for life insurance products over the forecast period. New Zealand's life insurance penetration stood at 0.7% of GDP in 2013, below the OECD average of 5%. The country has the fourth-lowest penetration rate of all 34 OECD countries with only Estonia, Turkey and Iceland having lower. 
Scope
This report provides a comprehensive analysis of the life insurance segment in New Zealand:
It provides historical values for the New Zealand life insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
It offers a detailed analysis of the key categories in the New Zealand life insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for life insurance products in New Zealand.
Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in New Zealand for the life insurance business.
It provides a detailed analysis of the reinsurance segment in New Zealand and its growth prospects.
It profiles the top life insurance companies in New Zealand and outlines the key regulations affecting them. 
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the New Zealand life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the New Zealand life insurance segment
Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the New Zealand insurance industry and its impact on companies and the market's future 
Key Highlights
 The New Zealand life segment's gross written premium grew at a review-period CAGR of 5.1%.
The number of insurance policies sold in the segment increased from 2.6 million in 2009 to 3.0 million in 2013, at a CAGR of 3.9% during the review period.
High levels of underinsurance, coupled with an aging population are all expected to create demand for life insurance products over the forecast period.
Agencies were the leading distribution channel for life insurance products during the review period, with a 36.5% share of the gross written generated by premium new business.
The life insurance segment is highly concentrated, and the five leading companies accounted for 73.8% of the segment's gross written premiums in 2013.

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 New Zealand Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2009-2018
3.2 Key Industry Trends and Drivers
3.3 Challenges
3.4 Recent Market Developments
4 Life Insurance Outlook
4.1 Consumer Segmentation
4.2 Product and Marketing Strategies
4.2.1 Product strategies
4.2.2 Marketing strategies
4.3 Life Insurance Growth Prospects by Category
4.4 Individual Life Insurance
4.4.1 Individual whole life insurance
4.4.2 Individual general annuity insurance
4.4.3 Individual pension insurance
4.4.4 Individual term life insurance
4.4.5 Individual other insurance
4.5 Group Life Insurance
4.5.1 Group whole life insurance
4.5.2 Group superannuation insurance
4.6 Life Insurance Growth Prospects by Customer Segment
4.6.1 Individual single-premium policies
4.6.2 Individual non-single-premium policies
4.6.3 Group single-premium policies
4.6.4 Group non-single-premium policies
4.7 Life Insurance Growth Prospects by Product Type
4.7.1 Total non-linked business
5 Alysis by Distribution Channel
5.1 Direct marketing
5.2 Bancassurance
5.3 Agencies
5.4 E-Commerce
5.5 Brokers
5.6 Other Channels
6 Porter's Five Forces Alysis - New Zealand Life Insurance
6.1 Bargaining Power of Suppliers: Low to Medium
6.2 Bargaining Power of Buyers: High
6.3 Barriers to Entry: Medium to High
6.4 Intensity of Rivalry: High
6.5 Threat of Substitutes: Medium
7 Reinsurance Growth Dymics and Challenges
7.1 Reinsurance Segment Size by Type of Insurance, 2009-2018
8 Governce, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Legislation and Market Practice by Type of Insurance
8.2.1 Life insurance
8.2.2 Property insurance
8.2.3 Motor insurance
8.2.4 Liability insurance
8.2.5 Marine, aviation and transit insurance
8.2.6 Persol accident and health insurance
8.3 Compulsory Insurance
8.4 Supervision and Control
8.4.1 Intertiol Association of Insurance Supervisors
8.4.2 Reserve Bank of New Zealand (RBNZ)
8.5 Non-Admitted Insurance Regulations
8.5.1 Overview
8.5.2 Intermediaries
8.5.3 Market practices
8.5.4 Fines and pelties
8.6 Company Registration and Operations
8.6.1 Types of insurance organization
8.6.2 Establishing a local company
8.6.3 Foreign ownership
8.6.4 Types of license
8.6.5 Capital requirements
8.6.6 Solvency margins
8.6.7 Reserve requirements
8.6.8 Investment regulations
8.6.9 Statutory return requirements
8.6.10 Fee structure
8.7 Taxation
8.7.1 Insurance premium or policy taxation
8.7.2 Withholding taxes on premium paid overseas
8.7.3 Corporate tax
8.7.4 VAT
8.7.5 Captives
8.8 Legal System
8.8.1 Introduction
8.8.2 Access to court
8.8.3 Altertive dispute resolution (ADR)
9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the New Zealand Life Insurance Market
9.3 Sovereign Assurance Company Ltd - Company Overview
9.3.1 Sovereign Assurance Company Ltd - key facts
9.3.2 Sovereign Assurance Company Ltd - key fincials
9.4 AMP Fincial Services Ltd - Company Overview
9.4.1 AMP Fincial Services Ltd - key facts
9.5 Fidelity Life Assurance Company Ltd - Company Overview
9.5.1 Fidelity Life Assurance Company Ltd - key facts
9.5.2 Fidelity Life Assurance Company Ltd - key fincials
9.6 Asteron Life Ltd - Company Overview
9.6.1 Asteron Life Ltd - key facts
9.6.2 Asteron Life Ltd - key fincials
9.7 OnePath (NZ) Ltd - Company Overview
9.7.1 OnePath (NZ) Ltd - key facts
9.8 Westpac New Zealand Ltd - Company Overview
9.8.1 Westpac New Zealand Ltd - key facts
9.9 AIA New Zealand - Company Overview
9.9.1 AIA New Zealand - key facts
9.1 BNZ Life - Company Overview
9.10.1 BNZ Life - key facts
9.11 Cig Life Insurance New Zealand Ltd - Company Overview
9.11.1 Cig Life Insurance New Zealand Ltd - key facts
9.12 Partners Life Ltd - Company Overview
9.12.1 Partners Life Ltd - key facts
10 Business Environment and Country Risk
10.1 Business Confidence
10.1.1 Market capitalization trend - New Zealand Stock Exchange, New Zealand
10.2 Economic Performance
10.2.1 GDP at constant prices (US$)
10.2.2 GDP per capita at constant prices (US$)
10.2.3 GDP at current prices (US$)
10.2.4 GDP per capita at current prices (US$)
10.2.5 GDP by key segments
10.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
10.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
10.2.8 Manufacturing net output at current prices (US$)
10.2.9 Manufacturing net output at current prices as a percentage of GDP
10.2.10 Mining, manufacturing and utilities at current prices (US$)
10.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
10.2.12 Construction net output at current prices, (US$)
10.2.13 Construction net output at current prices as a percentage of GDP
10.2.14 Inflation rate
10.2.15 Exports as a percentage of GDP
10.2.16 Imports as a percentage of GDP
10.2.17 Merchandise Exports growth
10.2.18 Merchandise Imports growth
10.2.19 Annual average exchange rate NZD-US$
10.3 Infrastructure
10.3.1 New Commercial vehicles sales
10.3.2 New persol vehicle sales
10.3.3 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Household consumption expenditure (US$)
10.5.2 Total population
10.5.3 Urban and rural population
10.5.4 Age distribution of the total population
11 Appendix
11.1 Methodology
11.2 Contact Timetric
11.3 About Timetric
11.4 Timetric's Services
11.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: New Zealand Insurance - Gross Written Premium by Segment (NZD Billion), 2009-2013
Table 3: New Zealand Insurance - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 4: New Zealand Insurance - Gross Written Premium by Segment (NZD Billion), 2013-2018
Table 5: New Zealand Insurance - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 6: New Zealand Insurance - Segmentation, Gross Written Premium (Percentage Share), 2009-2018
Table 7: New Zealand Insurance - Direct Written Premium by Segment (NZD Billion), 2009-2013
Table 8: New Zealand Insurance - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 9: New Zealand Insurance - Direct Written Premium by Segment (NZD Billion), 2013-2018
Table 10: New Zealand Insurance - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 11: New Zealand Insurance - Segmentation, Direct Written Premium (Percentage Share), 2009-2018
Table 12: New Zealand Life Insurance - Gross Written Premium by Category (NZD Billion), 2009-2013
Table 13: New Zealand Life Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 14: New Zealand Life Insurance - Gross Written Premium by Category (NZD Billion), 2013-2018
Table 15: New Zealand Life Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 16: New Zealand Life Insurance - New Business Written Premium (NZD Billion), 2009-2013
Table 17: New Zealand Life Insurance - New Business Written Premium (NZD Billion), 2013-2018
Table 18: New Zealand Life Insurance - Earned Premium (NZD Billion), 2009-2013
Table 19: New Zealand Life Insurance - Earned Premium (NZD Billion), 2013-2018
Table 20: New Zealand Life Insurance - Sum Assured (NZD Trillion), 2009-2013
Table 21: New Zealand Life Insurance - Sum Assured (NZD Trillion), 2013-2018
Table 22: New Zealand Life Insurance - Paid Claims (NZD Billion), 2009-2013
Table 23: New Zealand Life Insurance - Paid Claims (NZD Billion), 2013-2018
Table 24: New Zealand Life Insurance - Incurred Loss (NZD Billion), 2009-2013
Table 25: New Zealand Life Insurance - Incurred Loss (NZD Billion), 2013-2018
Table 26: New Zealand Life Insurance - Loss Ratio (%), 2009-2013
Table 27: New Zealand Life Insurance - Loss Ratio (%), 2013-2018
Table 28: New Zealand Life Insurance - Commissions and Expenses (NZD Billion), 2009-2013
Table 29: New Zealand Life Insurance - Commissions and Expenses (NZD Billion), 2013-2018
Table 30: New Zealand Life Insurance - Combined Ratio (%), 2009-2013
Table 31: New Zealand Life Insurance - Combined Ratio (%), 2013-2018
Table 32: New Zealand Life Insurance - Fraud and Crimes (NZD Million), 2009-2013
Table 33: New Zealand Life Insurance - Fraud and Crimes (NZD Million), 2013-2018
Table 34: New Zealand Life Insurance - Total Assets (NZD Billion), 2009-2013
Table 35: New Zealand Life Insurance - Total Assets (NZD Billion), 2013-2018
Table 36: New Zealand Life Insurance - Total Investment Income (NZD Billion), 2009-2013
Table 37: New Zealand Life Insurance - Total Investment Income (NZD Billion), 2013-2018
Table 38: New Zealand Life Insurance - Retentions (NZD Billion), 2009-2013
Table 39: New Zealand Life Insurance - Retentions (NZD Billion), 2013-2018
Table 40: New Zealand Individual Life Insurance - Gross Written Premium by Category (NZD Billion), 2009-2013
Table 41: New Zealand Individual Life Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 42: New Zealand Individual Life Insurance - Gross Written Premium by Category (NZD Billion), 2013-2018
Table 43: New Zealand Individual Life Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 44: New Zealand Individual Life Insurance - Direct Written Premium by Category (NZD Billion), 2009-2013
Table 45: New Zealand Individual Life Insurance - Direct Written Premium by Category (US$ Billion), 2009-2013
Table 46: New Zealand Individual Life Insurance - Direct Written Premium by Category (NZD Million), 2013-2018
Table 47: New Zealand Individual Life Insurance - Direct Written Premium by Category (US$ Million), 2013-2018
Table 48: New Zealand Individual Life Insurance - Policies by Category (Thousand), 2009-2013
Table 49: New Zealand Individual Life Insurance - Policies Premium by Category (Thousand), 2013-2018
Table 50: New Zealand Individual Whole Life - Number of Active Policies (Thousand), 2009-2013
Table 51: New Zealand Individual Whole Life - Number of Active Policies (Thousand), 2013-2018
Table 52: New Zealand Individual Whole Life - Gross Written Premium (NZD Million), 2009-2013
Table 53: New Zealand Individual Whole Life - Gross Written Premium (NZD Million), 2013-2018
Table 54: New Zealand Individual General Annuity - Number of Active Policies (Thousand), 2009-2013
Table 55: New Zealand Individual General Annuity - Number of Active Policies (Thousand), 2013-2018
Table 56: New Zealand Individual General Annuity - Gross Written Premium (NZD Million), 2009-2013
Table 57: New Zealand Individual General Annuity - Gross Written Premium (NZD Million), 2013-2018
Table 58: New Zealand Individual Pension - Number of Active Policies (Thousand), 2009-2013
Table 59: New Zealand Individual Pension - Number of Active Policies (Thousand), 2013-2018
Table 60: New Zealand Individual Pension - Gross Written Premium (NZD Million), 2009-2013
Table 61: New Zealand Individual Pension - Gross Written Premium (NZD Million), 2013-2018
Table 62: New Zealand Individual Term Life Insurance - Number of Active Policies (Thousand), 2009-2013
Table 63: New Zealand Individual Term Life Insurance - Number of Active Policies (Thousand), 2013-2018
Table 64: New Zealand Individual Term Life Insurance - Gross Written Premium (NZD Million), 2009-2013
Table 65: New Zealand Individual Term Life Insurance - Gross Written Premium (NZD Billion), 2013-2018
Table 66: New Zealand Individual Other Insurance - Number of Active Policies (Thousand), 2009-2013
Table 67: New Zealand Individual Other Insurance - Number of Active Policies (Thousand), 2013-2018
Table 68: New Zealand Individual Other Insurance - Gross Written Premium (NZD Million), 2009-2013
Table 69: New Zealand Individual Other Insurance - Gross Written Premium (NZD Million), 2013-2018
Table 70: New Zealand Group Life Insurance - Gross Written Premium by Category (NZD Million), 2009-2013
Table 71: New Zealand Group Life Insurance - Gross Written Premium by Category (US$ Million), 2009-2013
Table 72: New Zealand Group Life Insurance - Gross Written Premium by Category (NZD Million), 2013-2018
Table 73: New Zealand Group Life Insurance - Gross Written Premium by Category (US$ Million), 2013-2018
Table 74: New Zealand Group Life Insurance - Direct Written Premium by Category (NZD Million), 2009-2013
Table 75: New Zealand Group Life Insurance - Direct Written Premium by Category (US$ Million), 2009-2013
Table 76: New Zealand Group Life Insurance - Direct Written Premium by Category (NZD Million), 2013-2018
Table 77: New Zealand Group Life Insurance - Direct Written Premium by Category (US$ Million), 2013-2018
Table 78: New Zealand Group Life Insurance - Policies by Category (Absolute), 2009-2013
Table 79: New Zealand Group Life Insurance - Policies Premium by Category (Thousand), 2013-2018
Table 80: New Zealand Individual Others ? Number of Active Policies (Absolute), 2009-2013
Table 81: New Zealand Individual Others ? Number of Active Policies (Absolute), 2013-2018
Table 82: New Zealand Individual Others ? Gross Written Premium (NZD Million), 2009-2013
Table 83: New Zealand Individual Others ? Gross Written Premium (NZD Million), 2013-2018
Table 84: New Zealand Group Superannuation ? Number of Active Policies (Absolute), 2009-2013
Table 85: New Zealand Group Superannuation - Number of Active Policies (Absolute), 2013-2018
Table 86: New Zealand Group Superannuation ? Gross Written Premium (NZD Million), 2009-2013
Table 87: New Zealand Group Superannuation ? Gross Written Premium (NZD Million), 2013-2018
Table 88: New Zealand Individual Single-Premium - Number of Active Policies (Thousand), 2009-2013
Table 89: New Zealand Individual Single-Premium ? Number of Active Policies (Thousand), 2013-2018
Table 90: New Zealand Individual Single-Premium ? Gross Written Premium (NZD Million), 2009-2013
Table 91: New Zealand Individual Single-Premium ? Gross Written Premium (NZD Million), 2013-2018
Table 92: New Zealand Individual Single-Premium ? Direct Written Premium (NZD Million), 2009-2013
Table 93: New Zealand Individual Single-Premium ? Direct Written Premium (NZD Million), 2013-2018
Table 94: New Zealand Individual Non-Single-Premium ? Number of Active Policies (Thousand), 2009-2013
Table 95: New Zealand Individual Non-Single-Premium ? Number of Active Policies (Thousand), 2013-2018
Table 96: New Zealand Individual Non-Single-Premium ? Gross Written Premium (NZD Billion), 2009-2013
Table 97: New Zealand Individual Non-Single-Premium ? Gross Written Premium  (NZD Billion), 2013-2018
Table 98: New Zealand Individual Non-Single-Premium ? Direct Written Premium (NZD Billion), 2009-2013
Table 99: New Zealand Individual Non-Single-Premium ? Direct Written Premium  (NZD Billion), 2013-2018
Table 100: New Zealand Group Single-Premium ? Number of Active Policies (Thousand), 2009-2013
Table 101: New Zealand Group Single-Premium ? Number of Active Policies (Thousand), 2013-2018
Table 102: New Zealand Group Single-Premium ? Gross Written Premium (NZD s), 2009-2013
Table 103: New Zealand Group Single-Premium ? Gross Written Premium (NZD Billion), 2013-2018
Table 104: New Zealand Group Single-Premium ? Direct Written Premium (NZD Billion), 2009-2013
Table 105: New Zealand Group Single-Premium ? Direct Written Premium (NZD Billion), 2013-2018
Table 106: New Zealand Group Non-Single-Premium ? Number of Active Policies (Absolute), 2009-2013
Table 107: New Zealand Group Non-Single-Premium ? Number of Active Policies (Absolute), 2013-2018
Table 108: New Zealand Group Non-Single-Premium ? Gross Written Premium (NZD Million), 2009-2013
Table 109: New Zealand Group Non-Single-Premium ? Gross Written Premium (NZD Million), 2013-2018
Table 110: New Zealand Group Non-Single-Premium ? Direct Written Premium (NZD Million), 2009-2013
Table 111: New Zealand Group Non-Single-Premium ? Direct Written Premium (NZD Million), 2013-2018
Table 112: New Zealand Non-Linked Business ? Number of Active Policies (Thousand), 2009-2013
Table 113: New Zealand Non-Linked Business ? Number of Active Policies (Thousand), 2013-2018
Table 114: New Zealand Non-Linked Business ? Gross Written Premium (NZD Billion), 2009-2013
Table 115: New Zealand Non-Linked Business ? Gross Written Premium  (NZD Billion), 2013-2018
Table 116: New Zealand Non-Linked Business ? Direct Written Premium (NZD Billion), 2009-2013
Table 117: New Zealand Non-Linked Business ? Direct Written Premium  (NZD Billion), 2013-2018
Table 118: New Zealand Life Insurance - Direct Marketing Commission Paid (NZD Million), 2009-2013
Table 119: New Zealand Life Insurance - Direct Marketing Commission Paid (NZD Million), 2013-2018
Table 120: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 121: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 122: New Zealand Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2009-2013
Table 123: New Zealand Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2013-2018
Table 124: New Zealand Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 125: New Zealand Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 126: New Zealand Life Insurance - Bancassurance Commission Paid (NZD Million), 2009-2013
Table 127: New Zealand Life Insurance - Bancassurance Commission Paid (NZD Million), 2013-2018
Table 128: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 129: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 130: New Zealand Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2009-2013
Table 131: New Zealand Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2013-2018
Table 132: New Zealand Life Insurance - Number of Bancassurance Distributors, 2009-2013
Table 133: New Zealand Life Insurance - Number of Bancassurance Distributors, 2013-2018
Table 134: New Zealand Life Insurance - Commission Paid to Agencies (NZD Million), 2009-2013
Table 135: New Zealand Life Insurance - Commission Paid to Agencies (NZD Million), 2013-2018
Table 136: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 137: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 138: New Zealand Life Insurance - New Policies Sold Through Agencies (Thousand), 2009-2013
Table 139: New Zealand Life Insurance - New Policies Sold Through Agencies (Thousand), 2013-2018
Table 140: New Zealand Life Insurance - Number of Agencies, 2009-2013
Table 141: New Zealand Life Insurance - Number of Agencies, 2013-2018
Table 142: New Zealand Life Insurance - E-Commerce Commission Paid (NZD Million), 2009-2013
Table 143: New Zealand Life Insurance - E-Commerce Commission Paid (NZD Million), 2013-2018
Table 144: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 145: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 146: New Zealand Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 147: New Zealand Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 148: New Zealand Life Insurance - Number of E-Commerce Distributors, 2009-2013
Table 149: New Zealand Life Insurance - Number of E-Commerce Distributors, 2013-2018
Table 150: New Zealand Life Insurance - Commission Paid to Brokers (NZD Million), 2009-2013
Table 151: New Zealand Life Insurance - Commission Paid to Brokers (NZD Million), 2013-2018
Table 152: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 153: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 154: New Zealand Life Insurance - New Policies Sold Through Brokers (Thousand), 2009-2013
Table 155: New Zealand Life Insurance - New Policies Sold Through Brokers (Thousand), 2013-2018
Table 156: New Zealand Life Insurance - Number of Brokers, 2009-2013
Table 157: New Zealand Life Insurance - Number of Brokers, 2013-2018
Table 158: New Zealand Life Insurance - Commission Paid to Other Channels (NZD Million), 2009-2013
Table 159: New Zealand Life Insurance - Commission Paid to Other Channels (NZD Million), 2013-2018
Table 160: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2009-2013
Table 161: New Zealand Life Insurance - Gross Written Premium New Business (NZD Million), 2013-2018
Table 162: New Zealand Life Insurance - New Policies Sold Through Other Channels (Thousand), 2009-2013
Table 163: New Zealand Life Insurance - New Policies Sold Through Other Channels (Thousand), 2013-2018
Table 164: New Zealand Life Insurance - Number of Distributors in Other Channels, 2009-2013
Table 165: New Zealand Life Insurance - Number of Distributors in Other Channels, 2013-2018
Table 166: New Zealand Reinsurance Segment - Premium Ceded by Type of Insurance (NZD Million), 2009-2013
Table 167: New Zealand Reinsurance Segment - Premium Ceded by Type of Insurance (US$ Million), 2009-2013
Table 168: New Zealand Reinsurance Segment - Premium Ceded by Type of Insurance (NZD Million), 2013-2018
Table 169: New Zealand Reinsurance Segment - Premium Ceded by Type of Insurance (US$ Million), 2013-2018
Table 170: New Zealand Non-Life Insurance - Percentage of Reinsurance Ceded, 2009-2013
Table 171: New Zealand Non-Life Insurance - Percentage of Reinsurance Ceded, 2013-2018
Table 172: New Zealand - Life Insurance Regulatory Framework
Table 173: New Zealand - Property Insurance Regulatory Framework
Table 174: New Zealand - Motor Insurance Regulatory Framework
Table 175: New Zealand - Liability  Insurance Regulatory Framework
Table 176: New Zealand - Capital Requirements for Establishment of Insurance Companies
Table 177: New Zealand - Corporate Taxes for Financial Year 2014
Table 178: Shares of Key Insurers in the New Zealand Life Insurance Segment (%), 2013
Table 179: Sovereign Assurance Company Ltd, Key Facts
Table 180: Sovereign Assurance Company Ltd, Key Financials (NZD Million), 2009-2013
Table 181: AMP Financial Services Ltd, Key Facts
Table 182: Fidelity Life Assurance Company Ltd, Key Facts
Table 183: Fidelity Life Assurance Company Ltd, Key Financials (NZD Million), 2011-2013
Table 184: Asteron Life Ltd, Key Facts
Table 185: Asteron Life Ltd, Key Financials (NZD Million), 2009-2013
Table 186: OnePath (NZ) Ltd , Key Facts
Table 187: Westpac New Zealand Ltd, Key Facts
Table 188: AIA New Zealand, Key Facts
Table 189: BNZ Life, Key Facts
Table 190: Cigna Life Insurance New Zealand Ltd, Key Facts
Table 191: Partners Life Ltd, Key Facts