Report · RBNZ · 27 Feb 2022

Cancelled insurance licences

The regulator maintains a register of insurance companies that have had their licences cancelled under Section 30 of the Insurance (Prudential Supervision) Act 2010. The list includes entities such as Acanthus Insurance Company Limited and Accuro Health Insurance Society Limited, detailing the legal company name and the specific cancellation effective date. These cancellations may result from various reasons, including an insurer ceasing business due to a voluntary exit from the market.

New ZealandReserve Bank of New Zealand

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  • Insurance (Prudential Supervision) Act 20102010 · NZ-LAW · cited by 126 RBNZ documents

    “We may cancel insurance licences for a number of reasons, as outlined in Section 30 of the Insurance (Prudential Supervision) Act 2010 (IPS Act).”

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Source: Reserve Bank of New Zealand — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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