Insurance Companies in New Zealand

Reserve Bank of New Zealand (RBNZ) regulates insurance companies in New Zealand. The industry also comes under the purview of Financial Markets Authority (FMA). RBNZ and FMA together make sure that insurers adhere to strict standards and regulations. Insurance companies aiming to conduct business in New Zealand must obtain a license in accordance with Section 19 of the Insurance (Prudential Supervision) Act 2010 (IPSA). Engaging in insurance activities without a proper license is considered an offense under Section 15 of the IPSA. However, there is an exception outlined in section 246(1A) of the IPSA.


Life Insurance Companies in New Zealand

Below is the list of life insurance companies in New Zealand. Some of these companies may also offer general or medical insurance services in addition to life insurance.

  1. AIA New Zealand Limited
  2. American Income Life Insurance Company
  3. Asteron Life Limited
  4. Booster Assurance Limited
  5. Chubb Life Insurance New Zealand Limited
  6. Co-operative Life Limited
  7. Fidelity Life Assurance Company Limited
  8. First Insurance Limited (Also provides General Insurance)
  9. FMG Insurance Limited
  10. Foundation Life (NZ) Limited
  11. Hallmark Life Insurance Company Limited
  12. Medical Life Assurance Society Limited
  13. Momentum Life Limited
  14. Partners Life Limited
  15. Pinnacle Life Limited
  16. Resolution Life Australasia Limited
  17. Southsure Assurance Limited (Also provides General Insurance)

General Insurance Companies in New Zealand

Below is the list of general insurance companies in New Zealand. Some of these companies may also provide life insurance services in addition to general insurance.

  1. AA Insurance Limited (Also provides Life Insurance as a product from its partner)
  2. Accuro Health Insurance Society Limited
  3. ACS (NZ) Limited (Claim Management Business – Provisionally licensed)
  4. AIG Insurance New Zealand Limited
    • AMI Insurance: previously known as SIMU Insurance, provides a range of insurance options, including personal, business, farm, and marine coverage.
    • DriveRight: specializes in breakdown insurance and extended vehicle warranties tailored for motor dealers.
    • Mike Henry Travel Insurance: focuses on offering comprehensive domestic and international travel insurance solutions.
    • NAC Insurance: specializes in high-risk and short-term vehicle insurance coverage.
    • NZI (formerly New Zealand Insurance): exclusively offers business, personal, and rural insurance through brokers.
    • State Insurance:  Provider of home, contents, business, marine, and vehicle insurance coverage.
    • Swann Insurance (NZ): specializes in classic car and motorbike insurance products.
    • Lantern Insurance: operates as a brokerage exclusively selling products from NZI.
    • Lumley Insurance: provides insurance products through intermediaries such as brokers and banks.
  5. Aioi Nissay Dowa Insurance Co., Ltd
  6. Allianz Australia Insurance Limited (Also provides Life Insurance)
  7. Atradius Credito y Caucion, S.A. de Seguros y Reaseguros
  8. Beneficial Insurance Limited
  9. Berkshire Hathaway Specialty Insurance Company
  10. Brightsideco Insurance Limited
  11. CBL Insurance Limited (In Liquidation)
  12. CentrePort Captive Insurance Limited
  13. Chubb Insurance New Zealand Limited
  14. Compagnie Francaise D’Assurance Pour Le Commerce Exterieur
  15. DPL Insurance Limited (Also provides Life Insurance)
  16. Factory Mutual Insurance Company
  17. First American Title Insurance Company of Australia Pty Limited
  18. Great Lakes Insurance SE (Powered by Munich Re)
  19. Hallmark General Insurance Company Ltd.
  20. HDI Global Specialty SE
  21. Helia Insurance Pty Limited
  22. IAG New Zealand Limited
  23. Indemnity and General Insurance Company Limited
  24. Manawa Energy Insurance Limited
  25. Marac Insurance Limited
  26. Medical Insurance Society Limited
  27. Meridian Energy Captive Insurance Limited
  28. Mitsui Sumitomo Insurance Company, Limited
  29. New Zealand Dental Insurance Society Limited
  30. New Zealand Medical Indemnity Insurance Limited
  31. nib nz insurance limited
  32. nib nz limited
  33. NorthStandard Limited
  34. Pacific International Insurance Pty Limited
  35. Police Health Plan Limited
  36. Provident Insurance Corporation Limited
  37. QBE Insurance (Australia) Limited
  38. QBE Lenders’ Mortgage Insurance Limited
  39. Quest Insurance Group Limited
  40. Southern Cross Benefits Limited
  41. Southern Cross Medical Care Society
  42. Southern Cross Pet Insurance Limited
  43. T&G Insurance Limited
  44. Teal Insurance Limited
  45. Teleco Insurance (NZ) Limited (Captive of Spark Group)
  46. The Hollard Insurance Company Pty Ltd (Ando Insurance underwrites on behalf of it)
  47. The New India Assurance Company Limited
  48. Tokio Marine & Nichido Fire Insurance Co., Ltd.
  49. TOWER Limited
  50. Union Medical Benefits Society Limited
  51. Unison Insurance Limited
  52. Vero Insurance New Zealand Limited
  53. Vero Liability Insurance Limited
  54. Veterinary Professional Insurance Society Incorporated
  55. Virginia Surety Company, Inc
  56. Zurich Australian Insurance Limited

Reinsurance Companies in New Zealand

Below is the list of Reinsurance companies in New Zealand. Some of these companies also may also directly underwrite life or general insurance policies.

  1. General Reinsurance Australia Ltd
  2. General Reinsurance Life Australia Ltd
  3. Hannover Life Re of Australasia Ltd
  4. Lloyd’s of London (Also provides General Insurance)
  5. Munich Reinsurance Company
  6. Munich Reinsurance Company of Australasia Limited
  7. RGA Reinsurance Company of Australia Limited
  8. Risk Reinsurance Limited
  9. SCOR SE
  10. Swiss Re Life & Health Australia Limited

Note: These list of insurance companies registered in New Zealand were last updated on 19 December (F.Y. 2023/24):

Hope you liked our list of insurance companies in New Zealand. We have tried our best to categorize these companies as life, general or reinsurance companies. However, since some of them may provide composite services, we don’t guarantee that our classification is accurate. Also, we don’t guarantee the accuracy of information provided here. If you own or manage a insurance company in New Zealand and have some suggestion to enrich this list, please feel free to write us.