Life and health: a tale of two sectors
The Reserve Bank’s Financial Stability Report shows life and health insurance going in wildly different directions on profitability and premiums.
The Reserve Bank has released its latest Financial Stability Report, and it shows that New Zealand's health insurers are under a lot of strain, while life and general insurers are slowly improving.
As a result, premiums in health insurance have skyrocketed while life premiums have remained relatively stable.
Here's what's happening in each sector.
A health...MORE»
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