insurance regulation

[Updated]
12th Mar 19, 2:59pm
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
[Updated]
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
12th Mar 19, 2:59pm
1st Jun 18, 10:00am
Experts divided over whether policyholders will emerge from banks' 'life insurance business ditch' better off
Experts divided over whether policyholders will emerge from banks' 'life insurance business ditch' better off
1st Jun 18, 10:00am
[Updated]
24th May 18, 12:46pm
FMA and RBNZ give life insurance companies until June 22 to prove they aren't mimicking the misconduct of some of their Australian parents
[Updated]
FMA and RBNZ give life insurance companies until June 22 to prove they aren't mimicking the misconduct of some of their Australian parents
24th May 18, 12:46pm
17th May 18, 10:59am
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
17th May 18, 10:59am
16th May 18, 3:00pm
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
16th May 18, 3:00pm
4th May 18, 10:32am
by Guest
Geof Mortlock argues the prudential regulation of banks, insurers and non-bank deposit-takers should be moved from the RBNZ to a new regulatory agency
Geof Mortlock argues the prudential regulation of banks, insurers and non-bank deposit-takers should be moved from the RBNZ to a new regulatory agency
4th May 18, 10:32am
23rd Mar 18, 12:39pm
Review of law aimed at maintaining a 'sound' insurance sector delayed by Reserve Bank's investigation into CBL, among its other 'supervisory priorities'
Review of law aimed at maintaining a 'sound' insurance sector delayed by Reserve Bank's investigation into CBL, among its other 'supervisory priorities'
23rd Mar 18, 12:39pm
22nd Mar 18, 1:17pm
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
22nd Mar 18, 1:17pm
7th Mar 18, 5:00am
Harbour Asset Management values CBL shares last traded for $3.17, at 28 cents; Lloyd's of London to take over CBL contract to underwrite new building warranties  
Harbour Asset Management values CBL shares last traded for $3.17, at 28 cents; Lloyd's of London to take over CBL contract to underwrite new building warranties  
7th Mar 18, 5:00am
28th Feb 18, 11:23am
CBL Insurance policyholders and beneficiaries advised to consider seeking cover elsewhere; Any costs they face will rank as an 'unsecured creditor claim' if the company enters liquidation 
CBL Insurance policyholders and beneficiaries advised to consider seeking cover elsewhere; Any costs they face will rank as an 'unsecured creditor claim' if the company enters liquidation 
28th Feb 18, 11:23am
[Updated]
27th Feb 18, 12:20pm
KordaMentha confirms CBL Corp's results won't be released Tuesday as planned; Central Bank of Ireland warns there could be a 'disorderly failure' of CBL Insurance Europe if it isn't put into administration
[Updated]
KordaMentha confirms CBL Corp's results won't be released Tuesday as planned; Central Bank of Ireland warns there could be a 'disorderly failure' of CBL Insurance Europe if it isn't put into administration
27th Feb 18, 12:20pm
[Updated]
24th Feb 18, 7:55pm
RBNZ action sees High Court place CBL Insurance into interim liquidation; Order sparks withdrawal of parent company's issuer credit rating
[Updated]
RBNZ action sees High Court place CBL Insurance into interim liquidation; Order sparks withdrawal of parent company's issuer credit rating
24th Feb 18, 7:55pm
[Updated]
20th Feb 18, 11:45am
Irish central bank orders European subsidiary of NZ insurer, CBL, to stop writing new business; CBL to challenge order, saying it will 'take any action it deems necessary' to protect its interests; RBNZ says nothing
[Updated]
Irish central bank orders European subsidiary of NZ insurer, CBL, to stop writing new business; CBL to challenge order, saying it will 'take any action it deems necessary' to protect its interests; RBNZ says nothing
20th Feb 18, 11:45am
8th Feb 18, 4:32pm
NZX suspends trading of CBL shares over concerns about the 'completeness and veracity' of information the specialist insurer has released to the market
NZX suspends trading of CBL shares over concerns about the 'completeness and veracity' of information the specialist insurer has released to the market
8th Feb 18, 4:32pm
18th Oct 17, 12:22pm
Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector
Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector
18th Oct 17, 12:22pm
5th Jul 17, 5:02am
How a light touch approach to regulating insurers doesn't work while companies consider disclosing key financial information a box ticking rather than a consumer protection exercise
How a light touch approach to regulating insurers doesn't work while companies consider disclosing key financial information a box ticking rather than a consumer protection exercise
5th Jul 17, 5:02am
19th Jun 17, 12:02pm
Commerce and Consumer Affairs Minister Jacqui Dean 'not in a position' to say whether claims handling will be included in big insurance regulation reforms planned for next year
Commerce and Consumer Affairs Minister Jacqui Dean 'not in a position' to say whether claims handling will be included in big insurance regulation reforms planned for next year
19th Jun 17, 12:02pm
2nd Jun 17, 2:40pm
NZ's largest general insurer wants insurers that aren't locally incorporated to be required to hold a certain amount of assets in NZ; Says there's room for the RBNZ to require insurers to disclose more 
NZ's largest general insurer wants insurers that aren't locally incorporated to be required to hold a certain amount of assets in NZ; Says there's room for the RBNZ to require insurers to disclose more 
2nd Jun 17, 2:40pm
31st May 17, 5:02pm
by Guest
Rebecca Sellers says it is past time to change our laws with regard to duty of disclosure to insurers, something our Law Commission recommended in 1996
Rebecca Sellers says it is past time to change our laws with regard to duty of disclosure to insurers, something our Law Commission recommended in 1996
31st May 17, 5:02pm
24th May 17, 5:09pm
RBNZ on insurance regulation: 'Our role is to prod in the right areas and make sure management are on top of what they need to be on top of, rather than doing that job for them'
RBNZ on insurance regulation: 'Our role is to prod in the right areas and make sure management are on top of what they need to be on top of, rather than doing that job for them'
24th May 17, 5:09pm

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