Solvency margin
In the Solvency Return filed with the Reserve Bank of New Zealand, Southern Cross Benefits Limited had a Solvency Margin as at 31 December 2024 as follows:
| 31 December 2024 $000 |
|
| Actual solvency capital | 40,515 |
| Prescribed capital requirement | 23,113 |
| Solvency margin | 17,402 |
| Solvency Ratio | 1.75 |