Regulatory Alerts2022-05-17
Insurer Solvency Return (ISR)
The Reserve Bank of New Zealand requires all licensed New Zealand insurers to submit detailed solvency data through the Insurer Solvency Return (ISR) to support prudential supervision under the Insurance (Prudential Supervision) Act 2010. The form mandates comprehensive reporting of actual solvency capital, risk capital charges across life and non-life funds, solvency results, and forward-looking projections, with submissions due within four months of the reporting period. Insurers must complete the standardized Excel questionnaire, adhere to strict formatting and valuation rules, and utilize the Reserve Bank's secure upload facility while maintaining confidentiality under statutory provisions.
Share