Our Major Brands
NEW ZEALAND OPERATIONS
WHAT WE DO
- IAG’s New Zealand business, through our brands NZI and State, is the country’s leading general insurance provider.
- Around 1 million cars, 580,000 homes and around 300,000 businesses and rural risks are insured by IAG’s businesses in New Zealand.
- Insurance products are predominantly sold directly to customers under the State brand, and through intermediaries such as brokers and agents under the NZI brand.
- Personal and commercial products are also distributed under third party brands by corporate partners such as large financial institutions.
BRANDS
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 |
| 2007 FINANCIAL PERFORMANCE | |
|---|---|
| Gross written premium | $968 million |
| Net earned premium | $860 million |
| Combined ratio | 92.6% |
| Insurance margin | 10.0% |
| INSURANCE PRODUCTS | |
|---|---|
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