New Market Study Published: New Zealand Insurance Report Q1 2014
As of late 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 particular) need to do more to educate consumers about the benefits of insurance. Nevertheless, the sector has clear strengths, and coped...
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