Regulatory Alerts2020-11-30
Guidance for Insurer Return and Quarterly Insurer Survey
The Reserve Bank of New Zealand issued this guidance to assist insurers in completing the Insurer Return and Quarterly Insurer Survey data collections. The document establishes general principles, materiality thresholds, and specific reporting requirements for financial and exposure data, including allocation methods and accounting standard adjustments. It also addresses frequent questions regarding coinsurance treatment, currency translation, and the procedures for correcting or resubmitting returns.
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