Recent Study: New Zealand Insurance Report Q4 2013
As of mid-2013, the outlook for both of the major segments of New Zealand's insurance sector is uninspiring. The socialisation of risk through the EQC and the ACC is a key reason why insurance has been and will remain underdeveloped by most metrics. The economic environment is not particularly favourable, at a time that the life insurers (in particularly) need to do more to educate consumers about the benefits of insurance. Nevertheless, the sector has clear strengths, and coped very...
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