Regulatory Alerts2024-12-11
Reserve Bank of New Zealand Guide to the Interim Solvency Standard 2023
The Reserve Bank of New Zealand issued this guide to assist licensed insurers and appointed actuaries in interpreting and complying with the Interim Solvency Standard 2023. It outlines the regulator's motivations, preferred interpretations, and views on prudent judgement to ensure consistent industry compliance. The document provides detailed thematic and line-by-line guidance on valuation, taxation, and capital requirements while clarifying that the Standard remains the prevailing legal instrument.
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