Regulatory Alerts2022-05-17
Consultation - Insurer Return (IR)
The Reserve Bank of New Zealand requires licensed insurers to submit financial and exposure data via the Insurer Return form under section 121 of the Insurance (Prudential Supervision) Act 2010. The return mandates reporting on liabilities, assets, capital, net profit, and various insurance exposures for the New Zealand entity without consolidation of subsidiaries. Submissions must be filed by the last day of the fourth month following the report date using the Secure Upload Facility and reported in New Zealand dollars at market value.
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