Articles tagged with 'insurers'
Health insurer response times balloon out
11 April 2022 - Accuro says its response times have become much longer as it implements a new system.
New accounting standards = more costs for insurers
1 November 2021 - Kiwi insurers are set to face more compliance costs when the latest international-level accounting standards come into effect at the end of this year.
Life insurers up for awards
21 September 2021 - Fidelity Life will be defending its title as the top life insurer in the country in this year's edition of the New Zealand Insurance Industry Awards.
Input from insurers on solvency standards
26 July 2021 - The New Zealand insurance industry is being asked to have its say on a proposed interim Solvency Standard for insurers, which will determine the minimum amounts of capital insurers must hold.
Client servicing is a big issue under the new rules
22 March 2021 - Jon-Paul Hale reckons the way advisers "service" clients under the obligations of the new financial advice regime is going to be challenging.
Industry feedback refines Insurance Solvency Standards
5 March 2021 - RBNZ has released changes to the Insurance Solvency Standards based on industry submissions received during a consultation launched late last year.
Kiwi insurers unscathed by Covid-19, S&P says
4 August 2020 - New Zealand insurers’ risks have remained stable through 2020 and the sector has mostly been unscathed by the Covid-19 pandemic, S&P Global Ratings says.
Life insurers under threat – or are they?
28 May 2020 - The Reserve Bank came out swinging at life insurers in its latest Financial Stability Report, warning that they faced insolvency challenges as low interest rates, minimal growth in premiums and higher rates of cancellation combined.
Ballantyne: No more normal
21 April 2020 - Some advisers are writing more new insurance business during the lockdown period than they were in the weeks leading up to it, Partners Life managing director Naomi Ballanytne says.
Reserve Bank critical of life insurance
22 January 2020 - New Zealand’s life insurance sector appears to be relatively inefficient, the Reserve Bank says.
Reserve Bank flags commission rates, solvency
27 November 2019 - The Reserve Bank has raised questions about the insurance sector in its latest financial stability report.
Legislation overload 'could have unintended consequences'
15 October 2019 - New rules of conduct for banks and insurers could be bad news for organisations already grappling with the looming implementation of the Financial Services Legislation Amendment Act, one law firm says.
Insurers won't be responsible for advisers 'at this point in time'
2 October 2019 - A new conduct regime will include "future-proofing" in case financial advice providers do not conduct themselves properly.
Govt not throwing baby out with bathwater: Ballantyne
25 September 2019 - Government moves to introduce conduct licensing for insurers are being welcomed as proof it's taking a sensible approach to reform.
