Insurance
[Opinion] Will RBNZ demand proof from Resolution on support for Asteron Life customers?

Monday 8th of April 2024
But, not so fast … the purchase is subject to regulatory approvals, which means the Reserve Bank of New Zealand, the prudential regulator of insurance companies in NZ, has to sign off on the purchase before it can be consumated.
The two companies are hoping the transaction will be completed within about nine months.
Bermuda-based Resolution Life is not a new player...
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