Insurance
Reserve Bank tells insurers data not good enough

Thursday 25th of August 2016
The Reserve Bank is responsible for monitoring the sector under the Insurance (Prudential Supervision Act).
Insurers have to fill out regular information returns and a quarterly insurer survey.
But the Reserve Bank has warned that some are not meeting the expected standards.
“Generally insurers have been responsive to our feedback, and we are starting to see reasonable data...
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