Recent Study: Life Insurance in New Zealand, Key Trends and Opportunities to 2018
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...
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