Solvency margin
In the Solvency Return filed with the Reserve Bank of New Zealand, Southern Cross Benefits Limited had a Solvency Margin as at 30 September 2024 as follows:
| 30 September 2024 $000 |
|
| Actual solvency capital | 37,893 |
| Prescribed capital requirement | 22,397 |
| Solvency margin | 15,496 |
| Solvency Ratio | 1.69 |