
Insurance
Reserve Bank: Insurers' solvency standards under scrutiny
Wednesday 29th of May 2019
It released its latest Financial Stability Report on Wednesday, which showed that the New Zealand system was broadly sound, although some risks remained.
It considered the insurance sector, including life insurers specifically. The Reserve Bank regulates and supervises all New Zealand insurers.
The report noted that life insurers' profit margins were high relative to i...
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