Solvency Margin

In its full year Solvency Return filed with the Reserve Bank of New Zealand, Southern Cross Benefits Limited had a Solvency Margin at 31 December 2018 as follows:

31 Dec 2018 30 Jun 2018
$000 $000
Minimum solvency capital 10,791 11,124
Actual solvency capital 19,925 18,390
Solvency margin 9,134 7,266
Solvency ratio 1.85 1.65

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