Regulatory Alerts2022-05-17
Reserve Bank of New Zealand Insurer Return Definitions Draft V1
The Reserve Bank of New Zealand issued this draft document to establish standardized definitions for data reporting by insurers under the Insurer Return framework. It specifies materiality thresholds for financial and exposure information, defines hierarchical levels of detail for reporting, and provides precise classifications for life, general, and health insurance business. The document further delineates accounting standards and detailed definitions for revenue, expenses, assets, and liabilities to ensure consistent prudential supervision.
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