Regulatory Alerts2013-12-31
Guide to Completing the Insurer Solvency Return
The Reserve Bank of New Zealand issued this guide to assist insurers in completing the mandatory solvency return for prudential supervision purposes. The document details specific instructions for filling out Excel-based spreadsheets, including data entry requirements, color-coded tabs for life and non-life insurers, and mandatory commentary on capital adjustments, risk charges, and tax treatments. It further outlines procedures for reconciling balance sheet figures, submitting 3-year forward-looking solvency projections, and ensuring compliance with Minimum Capital requirements and licence conditions.
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