2022-02-27

Cancelled insurance licences

The regulator maintains a register of insurance companies that have had their licences cancelled under Section 30 of the Insurance (Prudential Supervision) Act 2010. The list includes entities such as Acanthus Insurance Company Limited and Accuro Health Insurance Society Limited, detailing the legal company name and the specific cancellation effective date. These cancellations may result from various reasons, including an insurer ceasing business due to a voluntary exit from the market.

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Resources for insurers

This page lists insurance companies that have had their licence cancelled.

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Last updated:

We may cancel insurance licences for a number of reasons, as outlined in Section 30 of the Insurance (Prudential Supervision) Act 2010 (IPS Act). This may include an insurer ceasing to carry on insurance business due to a voluntary exit from the market.

Read Section 30 of the IPS Act – cancellation of licence

The register of cancelled licences below uses the legal company name recorded with the Companies Office at the time the licence was cancelled. Subsequent name changes, trading names or brands are not included.

Insurer

Cancellation effective date

Acanthus Insurance Company Limited

06/12/2022

Accuro Health Insurance Society Limited

31/05/2024

AIA International Limited

08/07/2020

Allianz New Zealand Limited

09/09/2013

AMI Insurance Limited

14/12/2015

Ballance Agri-Nutrients Insurance Limited

05/06/2015

Berkshire Hathaway International Insurance Limited

14/06/2016

BNZ Life Insurance Limited

30/9/2022

Carter Holt Harvey Insurance Limited

28/06/2013

China Taiping Insurance (NZ) Co Limited

10/01/2017

Chubb Insurance Company of Australia Limited

24/01/2017

Civic Financial Services Limited

17/01/2017

Coalcorp Services Limited

05/08/2015

Consumer Insurance Services Limited

18/07/2023

CUI INSURANCE LIMITED

05/11/2018

Education Benevolent Society Incorporated

31/12/2018

Equitable General Insurance Company Ltd

16/07/2012

Ex Epi Limited

18/07/2012

First Insurance Limited

21/04/2025

Farmers' Mutual Group

23/03/2015

Fidelity Insurance Limited

30/06/2023

FM Insurance Company Limited

17/07/2018

Fonterra Insurance Limited

22/07/2013

Foundation Life (NZ) Limited

04/05/2026

Gordian Runoff Limited

22/02/2017

Greenwich Life Insurance Company Limited

01/04/2015

Lifetime Income Limited

16/06/2022

Lumley General Insurance (NZ) Limited

14/12/2015

Marac Insurance Limited

27/06/2025

Manchester Unity Friendly Society

30/11/2023

Mercury Insurance Captive Limited

19/10/2022

New Zealand Association of Credit Unions

23/04/2013

New Zealand Dental Insurance Society Limited

28/03/2025

nib New Zealand Insurance Limited

10/07/2025

NLG Insurance Ltd

05/03/2012

OnePath Insurance Services (NZ) Limited

10/12/2014

OnePath Life (NZ) Limited

31/01/2020

Pacific Life Limited

30/06/2016

Pinnacle Life Insurance Partnership

11/07/2013

QBE Insurance (International) Limited

16/02/2016

Ravensdown Fertiliser Insurance Company Limited

19/02/2014

RGA Reinsurance Company

23/07/2013

SCOR Global Life SE

01/05/2019

SMI Exsacl Limited

03/04/2014

South Pacific Warranty Services Limited

11/06/2013

Southbury Insurance Limited

30/08/2017

Southern Response Earthquake Services Limited

13/06/2012

Sunderland Marine Insurance Company Limited

01/11/2018

Swann Insurance (Aust) Pty Limited

09/09/2013

Tatua Insurance Limited

04/06/2013

The Hibernian Catholic Benefit Society

10/04/2013

The National Mutual Life Association of Australasia Limited

09/02/2017

TOWER Health & Life Limited

26/08/2013

Youi NZ Pty Limited

01/02/2020