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
2013 outlook : New Zealand insurance : a mixed performance
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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