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 2021 and in the half year as at 31 December 2020 as follows:

 
  30 June 2021
$000
31 December 2020
$000
Actual solvency capital 19,876 24,659
Minimum solvency capital 6,029 6,177
Solvency margin 13,847 18,482
Solvency Ratio 3.30 3.99