solvency margin
Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility
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Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility
Reserve Bank says Cabinet has agreed to recommendations to progress an amendment bill to change the Insurance (Prudential Supervision) Act
Reserve Bank says Cabinet has agreed to recommendations to progress an amendment bill to change the Insurance (Prudential Supervision) Act
After self-reporting, Quest Insurance Group cops RBNZ warning for failing to maintain its minimum non-life solvency margin and statutory fund for its life insurance business
After self-reporting, Quest Insurance Group cops RBNZ warning for failing to maintain its minimum non-life solvency margin and statutory fund for its life insurance business
General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
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General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
[updated]
Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent
Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent
The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
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The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
RBNZ concerned insurers risk eroding their solvency buffers and reducing their flexibility to manage a crisis if they keep dishing out large dividends
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RBNZ concerned insurers risk eroding their solvency buffers and reducing their flexibility to manage a crisis if they keep dishing out large dividends