Insurance
The Reserve Bank of New Zealand is the prudential regulator and supervisor of all insurers carrying on insurance business in New Zealand and is responsible for administering the Insurance (Prudential Supervision) Act 2010.
The following sections provide information for industry participants and the general public on the prudential regulation regime for insurers in New Zealand.
- Regulation of the insurance
sector
Provides information on insurance legislation, regulations and standards.
- Licensing for insurers
Explains what is required to obtain a licence and how to apply for a licence. Includes a register of licensed insurers.
- Supervision of
insurers
Outlines our approach to the supervision of insurers.
- New regulatory
initiatives
Contains material relating to new regulatory initiatives including consultation documents.
- Publications
This section will contain information about insurance sector trends and aggregated data. Publications will be available at a later date.
- Questions and Answers
Provides various Questions & Answers to help insurers and the general public understand insurance regulation in New Zealand.
- Sign up to receive email notification when the Insurance Sector website is updated.
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Latest update May 2012 – The Bank has made a minor amendment to the Solvency Standard for Non-life Insurance Business in Run-off (PDF 320KB). The Bank has made a minor amendment to the Solvency Standard for Non-life Insurance Business (PDF 303KB). April 2012 – The Bank has issued the Solvency Standard for Non-life Insurance Business in Run-off (PDF 246KB). An updated list of licensed insurers in New Zealand has been issued. |
Note: All material in the Insurance Section of the Reserve Bank’s website is intended for guidance only. It is not a substitute for legal advice.
