This article on Risk Info NZ has more details on the $22 million profit Partners Life made for the financial year ending 31 March 2018. From the press release:
"Leading New Zealand insurer Partners Life reported a record underlying insurance profit of $22.0m for the financial year ended 31 March 2018, up 76% from $12.5m in the previous year. The result was driven by the continued profitable growth of Partners Life’s book of in-force policies, which grew 21% to $251m following a record year of new business sales of $49m."
Here is what Naomi Ballantyne had to say: “Since our inception just seven years ago, we have maintained a relentless focus on closing the underinsurance gap in New Zealand by offering market-leading products and making leaps in efficiency that mean we can deliver competitive pricing to consumers and be there for them in their hour of need.”
Many more details are available at newsroom - but their formatting of the results leaves a lot to be desired. More detailed information will be in the financial analysis in the Quarterly Life and Health Sector Report.