2022-02-27
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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This page lists insurance companies that have had their licence cancelled.
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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