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 |