2014-08-31
The Reserve Bank of New Zealand issued this update to inform licensed insurers of key regulatory initiatives, including revised solvency standards and variable annuities consultation. The document outlines specific deadlines for stakeholder feedback, such as the November 2014 closure for solvency standards and the October 2014 deadline for insurance data collection proposals. Additionally, it details upcoming seminars, expanded solvency disclosure requirements, and the progress of the sector-wide risk governance review.