
News
Ralph Stewart's variable annuity business nearly there

Monday 27th of April 2015
The Reserve Bank has issued an industry-wide solvency standard for variable annuities.
This is a consequence of the work Ralph Stewart kicked off over two years ago and means any licenced insurer in New Zealand who complies with the new standard to the satisfaction of the Reserve, could issue modern variable annuities in New Zealand.
Stewart is pleased with the standards produced...
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