how to get insert_id using mysqli prepare statements

Question

How can I get the insert_id of the last record using mysqli prepare statement, for example following?

$stmt = $this->mysqli->prepare("INSERT INTO test (name) values (?)")
$stmt->bind_param('s', $name);
$stmt->execute();

Answer 1

$new_id = $this->mysqli->insert_id; (after $stmt->execute())

Answer 2

mysqli->insert_id