Rule · RBNZ · 17 May 2022
The Reserve Bank of New Zealand requires licensed insurers to submit quarterly financial and exposure data under the Insurance (Prudential Supervision) Act 2010. The survey mandates reporting on non-life and life insurance activities within and outside New Zealand, as well as non-insurance operations, without consolidating subsidiaries. Respondents must file the return within 40 working days of the quarter's end using the Secure Upload Facility to support sector monitoring and statistical publication.
DRAFT Quarterly Insurer Survey
Quarter ended 31 March 2015
Company name
Address
Please select the end date of the quarter that you are reporting on:
Please select your last annual balance date:
Purpose of Collection
Collection Authority
Confidentiality
Reserve Bank Contacts
For help and information please contact one of the people listed below:
)
:
Guide notes
Guidance and notes can be found throughout the survey to aid completion. Insurers are required to complete this return in accordance with the notice issued to each insurer under
section 121 of the Insurance (Prudential Supervision) Act 2010.
This survey collects quarterly financial and exposure data from NZ licensed insurers. The objective is to provide data that:
1 How to fill in this questionnaire
If actual figures are not available, please provide estimates. Ctrl + PageUp Previous worksheet or use Excel sheet tabs Time taken Shift + F5 Specific keys can be used:
mouse, cursor keys, etc.
Tab Next answer box
Ctrl + PageDown Next worksheet or use Excel sheet tabs These cells are protected and cannot be edited, for example: 0.0 General instructions All figures should be reported:
The Reserve Bank 'Secure Upload Facility' allows you to securely lodge this form with the Reserve Bank. You will require a username and password. If you have not received these please telephone our Reserve Bank contact. The 'Secure Upload Facility' can be accessed here: https://sup.rbnz.govt.nz/ Submitting the form Accuracy We welcome revisions to past data if they reflect a change that improves accuracy; for example, uncovering an error last time, or better classification of products. Please provide details of revisions in the comments boxes provided. We will compare the current survey with the survey provided last quarter as part of our consistency checks. Please save the previous quarter’s survey, including any changes that have been made as a result of discussions about that quarter. Please make any comments that would help us interpret the data in the comments boxes provided. Timeliness The survey is due 40 working days from the end of the reference quarter. The Bank sends reminders to respondents specifying the calendar date on which the return is due. If for any reason you cannot submit the survey by the due date, please contact us to discuss. Archived
About this survey
Notes
Contents
Questions
1 Non-life insurance and reinsurance in NZ
1.1 Liabilities
1.2 Assets
1.3 Revenue and expenses
1.4 Exposure
1.5 Premiums analysis
2 Life insurance and reinsurance in NZ
2.1 Liabilities
2.2 Assets
2.3 Revenue and expenses
2.4 Exposure
2.5 Premiums analysis
3 Non-life insurance and reinsurance not in NZ
3.1 Liabilities
3.2 Assets
3.3 Revenue and expenses
3.4 Exposure
3.5 Premiums analysis
4 Life insurance and reinsurance not in NZ
4.1 Liabilities
4.2 Assets
4.3 Revenue and expenses
4.4 Exposure
4.5 Premiums analysis
5 Non-insurance activity
5.1 Liabilities
5.2 Assets
5.3 Revenue and expenses
6 Capital
6.1 Capital
6.2 Reconciliation of capital
Archived
Question 1: Non-life insurance and reinsurance in NZ 1 Please report on non-life insurance business in New Zealand
1.1 Provide the closing values below for non-life insurance liabilities:
Domestic Commercial
$ million $ million $ million $ million $ million $ million $ million $ million $ million $ million Gross outstanding claims 0.000 0.000 Unearned premiums 0.000 0.000 Unexpired risk 0.000 0.000 Outward reinsurance liabilities 0.000 0.000 Total insurance liabilities 0.000
1.2 Provide the closing values below for non-life insurance assets:
Domestic Commercial
$ million $ million $ million $ million $ million $ million $ million $ million $ million $ million Reinsurance of outstanding claims 0.000 0.000 Non-reinsurance recoveries 0.000 0.000 Reinsurance of unearned premiums 0.000 0.000 Deferred acquisition costs 0.000 0.000 Investments backing insurance liabilities 0.000 cash & deposits 0.000 fixed interest securities 0.000 short-term (residual maturity ≤ 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 long-term (residual maturity > 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 listed equities 0.000 NZ resident issued 0.000 overseas issued 0.000 unlisted equities 0.000 NZ resident issued 0.000 overseas issued 0.000 other financial assets (n.e.c.) 0.000 property 0.000 other investments 0.000 Premium debt 0.000 Total insurance assets 0.000 Health insurance Other non-life insurance Non-life ins. adjustment Reinsurance inwards NZ Total (Non-life insurance) Property Motor, marine & aviation Liability Notes
1.3 Provide non-life insurance revenue and expenses for your NZ Entity:
Domestic Commercial
$ million $ million $ million $ million $ million $ million $ million $ million $ million $ million Gross written premium 0.000 0.000 Net earned premium 0.000 gross earned premium 0.000 0.000 outward reinsurance premiums 0.000 0.000 Reinsurance commission revenue 0.000 0.000 Net incurred claims 0.000 gross incurred claims - current year 0.000 0.000 gross incurred claims - prior years 0.000 0.000 reinsurance and non-reinsurance recoveries - prior years 0.000 0.000 reinsurance and non-reinsurance recoveries - current year
0.000 0.000
Underwriting expenses 0.000 commission expenses 0.000 0.000 all other underwriting expenses 0.000 0.000 Investment revenue 0.000 interest, dividends & rent 0.000 realised gains & losses 0.000 unrealised gains & losses 0.000 Other revenue 0.000 Operating expenses 0.000 Other expenses 0.000 Gross profit 0.000 Tax expense 0.000 Net profit of insurance activities 0.000
1.4 Provide the following exposure data for your NZ Entity:
Domestic Commercial
$ million $ million $ million $ million $ million $ million $ million $ million $ million $ million Number of policies at end of quarter 0.000 0.000 Sum insured at end of quarter 0.000 0.000 Claims and benefits paid during quarter 0.000 0.000
1.5 Provide premiums (annual premium and single premium) for your NZ Entity:
Domestic Commercial
$ million $ million $ million $ million $ million $ million $ million $ million $ million $ million Annual premium at start of quarter 0.000 0.000 Contractual premium changes 0.000 0.000 New business 0.000 0.000 Lapses, surrenders and cancellations 0.000 0.000 Other 0.000 0.000 Annual premium at end of quarter 0.000 Single premium total for quarter 0.000 0.000 Please provide any relevant comments you may have about the information given in the tables above. Liability Health insurance Other non-life insurance Non-life ins. adjustment Total (Non-life insurance and reinsurance) Reinsurance inwards NZ Total (Non-life insurance) Total (Non-life insurance and reinsurance) Reinsurance inwards NZ Total (Non-life insurance) Property Motor, marine & aviation Property Motor, marine & aviation Liability Health insurance Liability Health insurance Other non-life insurance Non-life ins. adjustment Other non-life insurance Non-life ins. adjustment Total (Non-life insurance and reinsurance) Reinsurance inwards NZ Total (Non-life insurance) Property Motor, marine & aviation Archived
Question 2: Life insurance and reinsurance in NZ 2 Please report on life insurance business in New Zealand
2.1 Provide the closing values below for life insurance liabilities:
Total (Life insurance and reinsurance) Reinsurance inwards NZ Total (Life insurance) Participating Investment linked Health insurance Other life insurance Life ins. adjustment $ million $ million $ million $ million $ million $ million $ million $ million Gross policy liabilities 0.000 0.000 Policyholder unvested benefit liabilities 0.000 0.000 Total insurance liabilities 0.000
2.2 Provide the closing values below for life insurance assets:
Total (Life insurance and reinsurance) Reinsurance inwards NZ Total (Life insurance) Participating Investment linked Health insurance Other life insurance Life ins. adjustment $ million $ million $ million $ million $ million $ million $ million $ million Reinsurance of policy liabilities 0.000 0.000 Tax on policy liabilities 0.000 0.000 Investments backing insurance liabilities 0.000 cash & deposits 0.000 fixed interest securities 0.000 short-term (residual maturity ≤ 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 long-term (residual maturity > 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 listed equities 0.000 NZ resident issued 0.000 overseas issued 0.000 unlisted equities 0.000 NZ resident issued 0.000 overseas issued 0.000 other financial assets (n.e.c.) 0.000 property 0.000 other investments 0.000 Premium debt 0.000 Total insurance assets 0.000 Notes
2.3 Provide life insurance revenue and expenses for your NZ Entity:
Total (Life insurance and reinsurance) Reinsurance inwards NZ Total (Life insurance) Participating Investment linked Health insurance Other life insurance Life ins. adjustment $ million $ million $ million $ million $ million $ million $ million $ million Net policy revenue 0.000 gross policy revenue 0.000 0.000 outward reinsurance premiums 0.000 0.000 Fee and reinsurance commission revenue 0.000 0.000 Net policy expenses (gross of tax) 0.000 gross benefits, claims and other expenses 0.000 0.000 outward reinsurance claims 0.000 0.000 Increase in net policy liabilities (net of RI & tax) 0.000 insurance contracts 0.000 0.000 investment contracts 0.000 0.000 Increase in policyholder unvested benefit liabilities 0.000 0.000 Commission expense 0.000 0.000 Investment revenue 0.000 interest, dividends & rent 0.000 realised gains & losses 0.000 unrealised gains & losses 0.000 Other revenue 0.000 Operating expenses 0.000 Other expenses 0.000 Gross profit 0.000 Tax expense 0.000 Net profit of insurance activities 0.000
2.4 Provide the following exposure data for your NZ Entity:
Total (Life insurance and reinsurance) Reinsurance inwards NZ Total (Life insurance) Participating Investment linked Health insurance Other life insurance Life ins. adjustment $ million $ million $ million $ million $ million $ million $ million $ million Number of policies at end of quarter 0.000 0.000 Sum insured at end of quarter 0.000 0.000 Claims and benefits paid during quarter 0.000 0.000
2.5 Provide premiums (annual premium and single premium) for your NZ Entity:
Total (Life insurance and reinsurance) Reinsurance inwards NZ Total (Life insurance) Participating Investment linked Health insurance Other life insurance Life ins. adjustment $ million $ million $ million $ million $ million $ million $ million $ million Annual premium at start of quarter 0.000 0.000 Contractual premium changes 0.000 0.000 New business 0.000 0.000 Lapses, surrenders and cancellations 0.000 0.000 Other 0.000 0.000 Annual premium at end of quarter 0.000 Single premium total for quarter 0.000 0.000 Please provide any relevant comments you may have about the information given in the tables above. Archived
Question 3: Non-life insurance and reinsurance not in NZ 3 Please report on non-life insurance business of the New Zealand entity outside New Zealand
3.1 Provide the closing values below for non-life insurance liabilities:
Total (Non-life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Gross outstanding claims 0.000 Unearned premiums 0.000 Unexpired risk 0.000 Outward reinsurance liabilities 0.000 Total insurance liabilities 0.000
3.2 Provide the closing values below for non-life insurance assets:
Total (Non-life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Reinsurance of outstanding claims 0.000 Non-reinsurance recoveries 0.000 Reinsurance of unearned premiums 0.000 Deferred acquisition costs 0.000 Investments backing insurance liabilities 0.000 cash & deposits 0.000 fixed interest securities 0.000 short-term (residual maturity ≤ 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 long-term (residual maturity > 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 listed equities 0.000 NZ resident issued 0.000 overseas issued 0.000 unlisted equities 0.000 NZ resident issued 0.000 overseas issued 0.000 other financial assets (n.e.c.) 0.000 property 0.000 other investments 0.000 Premium debt 0.000 Total insurance assets 0.000 Notes
3.3 Provide non-life insurance revenue and expenses for your NZ Entity:
Total (Non-life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Gross written premiun 0.000 Net earned premium 0.000 gross earned premium 0.000 outward reinsurance premiums 0.000 Reinsurance commission revenue 0.000 Net incurred claims 0.000 gross incurred claims - current year 0.000 gross incurred claims - prior years 0.000 reinsurance and non-reinsurance recoveries - prior years 0.000 reinsurance and non-reinsurance recoveries - current year 0.000 Underwriting expenses 0.000 commission expenses 0.000 all other underwriting expenses 0.000 Investment revenue 0.000 interest, dividends & rent 0.000 realised gains & losses 0.000 unrealised gains & losses 0.000 Other revenue 0.000 Operating expenses 0.000 Other expenses 0.000 Gross profit 0.000 Tax expense 0.000 Net profit of insurance activities 0.000
3.4 Provide the following exposure data for your NZ Entity:
Total (Non-life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Number of policies at end of quarter 0.000 Sum insured at end of quarter 0.000 Claims and benefits paid during quarter 0.000
3.5 Provide premiums (annual premium and single premium) for your NZ Entity:
Total (Non-life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Annual premium at start of quarter 0.000 Contractual premium changes 0.000 New business 0.000 Lapses, surrenders and cancellations 0.000 Other 0.000 Annual premium at end of quarter 0.000 Single premium total for quarter 0.000 Please provide any relevant comments you may have about the information given in the tables above. Archived
Question 4: Life insurance and reinsurance not in NZ 4 Please report on life insurance business of the New Zealand entity outside New Zealand
4.1 Provide the closing values below for life insurance liabilities:
Total (Life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Gross policy liabilities 0.000 Policyholder unvested benefit liabilities 0.000 Total insurance liabilities 0.000
4.2 Provide the closing values below for life insurance assets:
Total (Life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Reinsurance of policy liabilities 0.000 Tax on policy liabilities 0.000 Investments backing insurance liabilities 0.000 cash & deposits 0.000 fixed interest securities 0.000 short-term (residual maturity ≤ 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 long-term (residual maturity > 1 year) 0.000 NZ government issued (excl local) 0.000 NZ bank issued 0.000 other NZ issued securities 0.000 overseas sovereign debt 0.000 other overseas issued securities 0.000 listed equities 0.000 NZ resident issued 0.000 overseas issued 0.000 unlisted equities 0.000 NZ resident issued 0.000 overseas issued 0.000 other financial assets (n.e.c.) 0.000 property 0.000 other investments 0.000 Premium debt 0.000 Total insurance assets 0.000 Notes
4.3 Provide life insurance revenue and expenses for your NZ Entity:
Total (Life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Net policy revenue 0.000 gross policy revenue 0.000 outward reinsurance premiums 0.000 Fee and reinsurance commission revenue 0.000 Net policy expenses (gross of tax) 0.000 gross benefits, claims and other expenses 0.000 outward reinsurance claims 0.000 Increase in net policy liabilities (net of RI & tax) 0.000 insurance contracts 0.000 investment contracts 0.000 Increase in policyholder unvested benefit liabilities 0.000 Commission expense 0.000 Investment revenue 0.000 interest, dividends & rent 0.000 realised gains & losses 0.000 unrealised gains & losses 0.000 Other revenue 0.000 Operating expenses 0.000 Other expenses 0.000 Gross profit 0.000 Tax expense 0.000 Net profit of insurance activities 0.000
4.4 Provide the following exposure data for your NZ Entity:
Total (Life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Number of policies at end of quarter 0.000 Sum insured at end of quarter 0.000 Claims and benefits paid during quarter 0.000
4.5 Provide premiums (annual premium and single premium) for your NZ Entity:
Total (Life insurance activity not NZ) Reinsurance not in NZ Insurance not in NZ $ million $ million $ million Annual premium at start of quarter 0.000 Contractual premium changes 0.000 New business 0.000 Lapses, surrenders and cancellations 0.000 Other 0.000 Annual premium at end of quarter 0.000 Single premium total for quarter 0.000 Please provide any relevant comments you may have about the information given in the tables above. Archived
Question 5: Non-insurance activity
5 Please report on non-insurance activity
5.1 Provide the closing values below for liabilities that are not specifically attributed to insurance:
$ million
Related party liabilities
Deferred tax liabilities
Current tax liabilities
Loans
Other liabilities
Total non-insurance liabilities 0.000
5.2 Provide the closing values below for assets that are not specifically attributed to insurance:
$ million
Investments not backing insurance liabilities 0.000 cash & deposits fixed interest securities 0.000 short-term (residual maturity ≤ 1 year) 0.000 NZ government issued (excl local) NZ bank issued other NZ issued securities overseas sovereign debt other overseas issued securities long-term (residual maturity > 1 year) 0.000 NZ government issued (excl local) NZ bank issued other NZ issued securities overseas sovereign debt other overseas issued securities listed equities 0.000 NZ resident issued overseas issued unlisted equities 0.000 NZ resident issued overseas issued other financial assets (n.e.c.) property other investments Related party assets Deferred and current tax assets Intangible assets Other assets Total non-insurance assets 0.000
5.3 Provide revenue and expenses that are not attributed to insurance for your NZ Entity:
$ million
Other investment revenue 0.000 interest, dividends & rent realised gains & losses unrealised gains & losses Other revenue Operating expenses Other expenses Gross profit 0.000 Tax expense Net profit 0.000 Please provide any relevant comments you may have about the information given in the tables above. Notes
Question 6: Capital
6 Please report on capital values
6.1 Provide the closing capital values below for your NZ Entity:
$ million
0.000
6.2 Provide the reconciliation of capital values below for your NZ Entity:
$ million
Capital at beginning of quarter
Net profit for quarter
Capital issued during quarter
Dividends, distributions & cancellation of capital during quarter Capital at end of quarter 0.000 Please provide any relevant comments you may have about the information given in the tables above. Retained earnings Non-controlling interests Capital that does not qualify as capital for solvency Total capital Declared but unpaid dividends / distributions Notes
Summary
$NZ millions
0.000
Gross outstanding claims
Gross policy liabilities
Policyholder unvested benefit liabilities Reinsurance of policy liabilities Reinsurance of unearned premiums Unearned premiums Unexpired risk Outward reinsurance liabilities Non-insurance liabilities Non-reinsurance recoveries Tax on policy liabilities Reinsurance of outstanding claims Total liabilities Total insurance assets Total insurance liabilities The tables below provide a summary of the information that has been provided in this questionnaire. This can be used to check the information provided at the aggregate level. Notes
1 Comments
)
:
)
:
hours minutes
Please provide details below concerning any revisions made to data previously provided:
Date:
If the address of this business has changed during the quarter please provide details of the new address below:
Primary contact Secondary contact
Phone:
Comments and Sign-off
Please provide details below concerning any significant variances in the data provided (such as one-off business factors):
Phone:
Change of business details
If the legal name of this business has changed during the quarter please provide details of the new name below:
Please provide details below concerning any changes in practice (such as accounting standards e.g. adoption of NZ IFRS, changes in types or classes of business, transfer or reissue of policies to or from another insurer, changes in non-insurance activities):
Contacts
Please provide the names and details of contacts as specified below:
The Reserve Bank 'Secure Upload Facility' allows you to securely lodge this form with the Reserve Bank. You will require a username and password. If you have not received these please telephone our Reserve Bank contact. The 'Secure Upload Facility' can be accessed here: https://sup.rbnz.govt.nz/ Submitting the form
Name:
Email:
Email:
Nominated Senior Executive
Name:
Please record how long it took you (and any other employees) to read the instructions, collect the information and answer this questionnaire. Name:
Time taken
Sign-off
I confirm that I have completed this survey and commented as appropriate. Accounting standards and methods Please provide an explanation of the accounting method used to complete this return. If the method of valuation of insurance provisions in this survey is inconsistent with both life insurance accounting methods and general insurance accounting methods then please provide an explanation of the method used. Archived
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“Insurers are required to complete this return in accordance with the notice issued to each insurer under section 121 of the Insurance (Prudential Supervision) Act 2010.”
More like this from RBNZ
We email you every new RBNZ publication the day it's published.
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
In RegAlert: added · updated