SUMMARY AND CORE INSIGHTS CLAIMS FOR THE YEAR ENDED 31 DECEMBER 2024
Life
Health
Trauma
Income Protection $97.2M CLAIMS PAID
Total Permanent Disablement $23.9M CLAIMS PAID
$298.1M CLAIMS PAID
$167M CLAIMS PAID
$139.5M CLAIMS PAID
CANCER 54%
MUSCULO SKELETAL 25%
CANCER 59%
MUSCULO SKELETAL 31%
MUSCULO SKELETAL 23%
HEART 19%
CANCER 21%
HEART 16%
MENTAL HEALTH 25%
NEUROLOGICAL 22%
NEUROLOGICAL 9%
DIGESTIVE 15%
NEUROLOGICAL 11%
NEUROLOGICAL 16%
MENTAL HEALTH 14%
RESPIRATORY 4%
SENSE ORGAN 14%
MUSCULO SKELETAL 8%
CANCER 13%
CANCER 7%
Cancer continues to be the most common reason for people to claim on trauma insurance.
Those aged between 50-59 are the largest group to claim on total permanent disability claims.
Most life insurance claims were for those aged between 50 -59 , with 49% of claims relating to cancer.
In 2024, we saw a 16% increase in health claims due to escalating costs and increased need for healthcare.
We paid over $97.2 million in
income protection insurance claims, with an additional $1.38 million via our AIA 360 Care programme to assist with rehabilitation support.
Note: The standard rule of rounding has been applied.
aia.co.nz
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