Solvency Margin

In the Solvency Return filed with the Reserve Bank of New Zealand, Southern Cross Benefits Limited had a Solvency Margin at 30 June 2019 and in the half year as at 31 December 2018 as follows:

30 Jun 2019 31 Dec 2018
$000 $000
Minimum solvency capital 12,039 10,791
Actual solvency capital 18,146 19,925
Solvency margin 6,107 9,134
Solvency ratio 1.51 1.85

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