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New Zealand Insurance Report Q3 2015

Attention: There is an updated edition available for this report.

New Zealand Insurance Report Q3 2015

BMI View: With private expenditure on the rise, the stable New Zealand economy houses an establishedInsurance market with scope for growth - particularly in the non-life segment. The life insurance segmentstill remains slow-moving but may still offer opportunity for new and existing players as a result of this lowlevel of penetration and a new surge of interest in KiwiSaver products.

New Zealand's geographical disposition and vulnerability to natural disasters will remain an importantcomponent of the non life segment however soaring property prices and high household debt has meant thatalthough property insurance is an integral component to the sector it will experience moderate growth. Tobalance this slowdown, BMI's steady outlook on passenger vehicle sales illustrates a strong potential forgrowth in Motor Vehicle insurance which will continue in the short term to remain the second largest in thesub sector. Meanwhile, due to a historically strong reliance and protection provided by the AccidentCompensation Corporation (ACC) and this coupled with high levels of household debt limit spending onlife insurance which has been viewed by many New Zealand residents as non essential in the past. Despitethis, the life insurance sector.

BMI Industry View
Operational Risk
Industry Forecast
Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (New Zealand 2012-2019)
Life Claims
Table: Life Insurance Claims (New Zealand 2007-2014)
Life Insurers' Assets
Table: Assets (New Zealand 2007-2014)
Life Insurance Drivers
Table: Life Expectancy by Gender (New Zealand 2012-2019)
Table: Demographic Breakdown (New Zealand 2012-2019)
Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (New Zealand 2012-2019)
Table: Net Non-Life Premiums Written (New Zealand 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (New Zealand 2007-2014)
Table: Non-Life Insurance Claims by Line (New Zealand 2007-2014)
Non-Life Sub-Sectors Forecast
Table: Non-Life % Breakdown (New Zealand 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (New Zealand 2012-2019)
Table: Transport Insurance (New Zealand 2012-2019)
Property Insurance
Table: Property Insurance (New Zealand 2012-2019)
General Liability Insurance
Table: General Liability Insurance (New Zealand 2012-2019)
Industry Risk Reward Ratings
Asia Pacific Industry Risk/Reward Index
Table: Asia Pacific Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
AMP Limited
Insurance Australia Group
Suncorp Group
Demographic Forecast
Table: Population Headline Indicators (New Zealand 1990-2025)
Table: Key Population Ratios (New Zealand 1990-2025)
Table: Urban/Rural Population & Life Expectancy (New Zealand 1990-2025)
Table: Population By Age Group (New Zealand 1990-2025)
Table: Population By Age Group % (New Zealand 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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