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 2020 and in the half year as at 31 December 2019 as follows:
| 30 June 2020 | 31 Dec 2019 | |
| $000 | $000 | |
| Actual solvency capital | 26,624 | 22,682 |
| Minimum solvency capital | 7,405 | 11,660 |
| Solvency margin | 19,218 | 11,022 |
|
Solvency ratio |
3.60 |
1.95 |