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Research and Markets: Life Insurance in New Zealand, Key Trends and Opportunities to 2018
[July 25, 2014]

Research and Markets: Life Insurance in New Zealand, Key Trends and Opportunities to 2018


DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/hkhvpk/life_insurance_in) has announced the addition of the "Life Insurance in New Zealand, Key Trends and Opportunities to 2018" report to their offering.

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 condiions.



High levels of underinsurance, coupled with an aging population are all expected to create demand for life insurance products over the forecast period. New Zealand's life insurance penetration stood at 0.7% of GDP in 2013, below the OECD average of 5%. The country has the fourth-lowest penetration rate of all 34 OECD countries with only Estonia, Turkey and Iceland having lower.

Key Topics Covered:


1 Executive Summary

2 Introduction

3 New Zealand Insurance Industry Attractiveness

4 Life Insurance Outlook

5 Analysis by Distribution Channel

6 Porter's Five Forces Analysis - New Zealand Life Insurance

7 Reinsurance Growth Dynamics and Challenges

8 Governance, Risk and Compliance

9 Competitive Landscape and Strategic Insights

10 Business Environment and Country Risk

11 Appendix

Companies Mentioned:

  • AIA New Zealand
  • AMP Financial Services Ltd
  • Asteron Life Ltd
  • BNZ Life
  • Cigna Life Insurance New Zealand Ltd
  • Fidelity Life Assurance Company Ltd
  • OnePath (NZ) Ltd
  • Partners Life Ltd
  • Sovereign Assurance Company Ltd
  • Westpac New Zealand Ltd

For more information visit http://www.researchandmarkets.com/research/hkhvpk/life_insurance_in


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