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2013 outlook : New Zealand insurance : a mixed performance

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<titleInfo>
<title>2013 outlook</title>
<subTitle>: New Zealand insurance : a mixed performance</subTitle>
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<namePart>Birch, John</namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20130001227">
<namePart>Roche, Tim</namePart>
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<namePart>Fitch Ratings</namePart>
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<placeTerm type="code" authority="marccountry">usa</placeTerm>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">New York</placeTerm>
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<publisher>Fitch Ratings</publisher>
<dateIssued>2012</dateIssued>
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<abstract displayLabel="Summary">Fitch Ratings expects the improved earnings results of New Zealand non-life insurers in 2012 to continue into 2013. The expectation is based on lower (more typical) natural catastrophe losses, and property portfolios fully re-priced to offset higher reinsurance costs and falling investment returns.
Reported 2012 earnings from New Zealand life insurers are lower, although they come off a relatively high base. Fitch expects these lower earnings to continue into 2013 due to increased competition, tax changes, and lower investment returns</abstract>
<note type="statement of responsibility">John Birch, Tim Roche</note>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080602529">
<topic>Mercado de reaseguros</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611880">
<topic>Perspectivas del seguro</topic>
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<topic>Ratios de gestión</topic>
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<geographic>Nueva Zelanda</geographic>
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<recordCreationDate encoding="marc">130129</recordCreationDate>
<recordChangeDate encoding="iso8601">20130129140847.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20130002781</recordIdentifier>
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