Trade Credit Risk Index
New Zealand Insolvencies at record highs
The Trade Credit Risk Index remains high in Q2 2024.
Q2 2024 Index Score: 623
Note: The NCI Trade Credit Risk Index score is based on an aggregate of claims data. collection activity, credit limit decisions and overdue accounts.
Movements from the previous
quarter: Q1 24 v Q2 24
+
32
%
Value of claims lodged
+
7
%
Number of collections lodged
+
6
%
Overall TCRI
score
–
20
%
Number of serious overdues reported
Number of Company Insolvencies in Q2 2024
694
Insolvencies by number in the past 12 months
Claims in Q1 2024 vs Q2 2024
+
40
%
Number of claims settled
+
15.6
%
Number of claims lodged
Notable businesses entering
administration in Q2 2024
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