New Zealand Insurance Report Q2 2018
The non-life segment will likely grow broadly in line with nominal GDP; however, the life segment will grow rather moreslowly. In both the life and the non-life segments, the socialisation of risk-bearing constrains opportunities for insurers. In the lifesegment, significant amounts flow to the KiwiSaver funds and other savings products that are, strictly speaking, outside theinsurance sector.
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