The statistic presents the value of gross premiums written by non-life insurance companies in New Zealand from 2009 to 2013 and a forecast thereof until 2025. The value of non-life insurance sector in New Zealand amounted to approximately 3.91 billion U.S. dollars in 2013 and it was projected to grow to approximately 7.16 billion U.S. dollars in 2025.
The statistic presents the value of non-life insurance sector in New Zealand from 2009 to 2013 and a forecast thereof until 2025, by type. The value of general liability insurance sector amounted to approximately177.43 million U.S. dollars in 2013 and was projected to grow to approximately 554.01 million U.S. dollars in 2025.
The value of gross written premiums for the general insurance sector in New Zealand amounted to approximately 7.3 billion New Zealand dollars in 2021, the highest value recorded in the past six years. The classes of businesses included in this value were the commercial, domestic building and contents, motor, marine, liability and earthquake insurance segments among other non-life and health insurance business lines.
The motor insurance sector accounted for 33.4 percent of the value of all general insurance gross written premiums in New Zealand in 2021. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 7.3 billion New Zealand dollars.
The domestic insurance sector, which includes domestic buildings and contents insurance, accounted for 27.2 percent of the value of all general insurance gross written premiums in New Zealand in 2021. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 7.3 billion New Zealand dollars.
The value of gross written premiums for the commercial insurance sector in New Zealand amounted to approximately 1,093 million New Zealand dollars in 2021, the highest value recorded in the past five years. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 6.8 billion New Zealand dollars.
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New Zealand NZ: Imports: % of Commercial Service Imports: Services: Insurance & Financial data was reported at 9.748 % in 2017. This records an increase from the previous number of 9.296 % for 2016. New Zealand NZ: Imports: % of Commercial Service Imports: Services: Insurance & Financial data is updated yearly, averaging 5.484 % from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 9.748 % in 2017 and a record low of 3.661 % in 2000. New Zealand NZ: Imports: % of Commercial Service Imports: Services: Insurance & Financial data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Imports. Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average;
In 2021, the motor insurance segment accounted for 33.4 percent of the gross written premiums for the general insurance sector in New Zealand. The value of gross written premiums for the entire general insurance sector totaled approximately 7.3 billion New Zealand dollars in the same period, the highest value recorded in the past five years.
The commercial insurance sector accounted for 14.8 percent of the value of all general insurance gross written premiums in New Zealand in 2021. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 7.3 billion New Zealand dollars.
The marine insurance sector accounted for 2 percent of the value of all general insurance gross written premiums in New Zealand in 2020. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 6.6 billion New Zealand dollars.
The earthquake insurance sector accounted for 11 percent of the value of all general insurance gross written premiums in New Zealand in 2021. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 7.3 billion New Zealand dollars.
The liability insurance sector accounted for 9.5 percent of the value of all general insurance gross written premiums in New Zealand in 2020. In the same period, the total value of gross written premiums for the general insurance sector amounted to over 6.8 billion New Zealand dollars.
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The statistic presents the value of gross premiums written by non-life insurance companies in New Zealand from 2009 to 2013 and a forecast thereof until 2025. The value of non-life insurance sector in New Zealand amounted to approximately 3.91 billion U.S. dollars in 2013 and it was projected to grow to approximately 7.16 billion U.S. dollars in 2025.