Solvency margin

In its half year Solvency Return filed with the Reserve Bank of New Zealand, Southern Cross Benefits Limited had a Solvency Margin as at 31 December 2016 as follows:

 

      $000

Minimum solvency capital

   7,857

Actual solvency capital

 13,579

Solvency Margin

   5,722

Solvency Ratio

     1.73