AXA New Zealand is a branch of National Mutual Life Association of Australia Ltd., incorporated in Victoria, Australia. This is a subsidiary of National Mutual Holdings Limited which was listed on the Australian and New Zealand Stock Exchanges in October 1996.
This listing was an outworking of the approval by policyholders in August 1995 for the National Mutual Companies to join the AXA Group.
In New Zealand, National Mutual has been providing group insurance since 1948. It is now the largest provider of such services in New Zealand. In the last four years the size of this business has more than doubled.
National Mutual Group Insurances is a specialised business with unit providing advice on all aspects of employee benefit programmes. It has considerable knowledge of the local market. Products available include death cover, disablement both temporary and permanent and critical illness benefits. Through other subsidiaries it is able to provide superannuation and investment services.
