From which of these advice streams would you expect to generate more business over the next 12 months
- Health insurance (41%)
- About 50-50 (30%)
- Life insurance (23%)
- Not sure (6%)
Loading ...Trends forecaster IBIS World‘s report on New Zealand’s life insurers reveals a drop in annual revenue during the 2019 to 2024 period of 3.3% to $3.8bn. Meanwhile, it says the country’s health insurance market saw revenue jump 9.4% over the same period to $2.6bn.
IBIS predicts the health insurance market will grow over the next five years, while it expects the life insurance market to decline.
But what is your feet-on-the-ground experience telling you when it comes to writing life and health cover?
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