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 June 2024 as follows:
| 30 June 2024 $000 |
|
| Actual solvency capital | 36,847 |
| Prescribed capital requirement | 22,483 |
| Solvency margin | 14,365 |
| Solvency Ratio | 1.64 |