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As of 2012, nib New Zealand was the country's second largest health insurer, providing health and medical insurance to around 160,000 New Zealanders. [8] In 2013, nib launched Whitecoat Health Service Directory, a free online search and comparison service. [9] The site has been likened to being the TripAdvisor of the healthcare sector. [10]
When CBA merged with Colonial Limited in 2000, the Colonial New Zealand life and investment business was integrated with Sovereign, making it the largest life insurer in New Zealand. Sovereign has maintained a market share of around 29% to 30% of in-force premiums over the five years up to 2011.
NZI or New Zealand Insurance is a major insurance company in New Zealand. NZI was formed in Auckland in 1859 as the New Zealand Insurance Company and is one of New Zealand's largest and longest-serving fire and general insurance brands. [1] NZI is a subsidiary of IAG New Zealand.
Toll New Zealand (rolling stock and inter-island ferries) Ontrack (track and infrastructure) Formerly New Zealand Rail (1990–1995), Tranz Rail (1995–2002), Toll New Zealand (2002–2008) Kordia: 1 July 1989 Subsidiary of Television New Zealand: Formerly Broadcast Communications Limited or BCL, renamed 2006. Landcorp: 1 April 1987
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IAG New Zealand (IAG NZ) is the New Zealand subsidiary of Insurance Australia Group. It is the largest general insurance company in New Zealand, just as its parent is the largest in Australia. It has a number of insurance brands it has acquired, including AMI Insurance , NZI and State Insurance . [ 1 ]
This represented a 62% market share and more than 17% of New Zealand's population. [4] The Health Society funded more than NZ$1.099b of healthcare services in the year to 30 June 2021, including 240,000 elective surgeries, or 73% of the country's health insurance claims. In the 2021 financial year, for every $1 of premium income, 87 cents was ...
The healthcare system of New Zealand has undergone significant changes throughout the past several decades. From an essentially fully public system based on the Social Security Act 1938, reforms have introduced market and health insurance elements primarily since the 1980s, creating a mixed public-private system for delivering healthcare. [1] [2]