Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag New Zealand's Reserve Bank amends insurance rules to boost solvency without raising premiums.

flag The Reserve Bank of New Zealand has released a second amendment to the Insurance Solvency Standard to address issues with the accounting standard for insurance contracts and improve solvency rules. flag Effective March 1, 2025, the changes aim to maintain market stability without increasing insurance premiums or introducing new policies. flag The amendment ensures sufficient capital is set aside for various risks and follows stakeholder feedback from a consultation process.

5 Articles

Further Reading