Insurance

Industry ready for regulators' insurance report

Thursday 17th of January 2019

Prompted by the Royal Commission of Inquiry in Australia, New Zealand’s regulators undertook a study last year, looking at banks and life insurers’ behaviour.

The bank report found issues to address but no systemic problems.

But Reserve Bank governor Adrian Orr has said that life insurers should expect a tougher verdict.

He said with the release of the bank&r...

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