An article form Insurance Business mag.
The Reserve Bank of New Zealand (RBNZ) has launched a public consultation on insurance governance and supervisory processes, which will run until Feb. 21.
This is the last of four topic-specific consultations that are part of RBNZ’s review of the Insurance (Prudential Supervision) Act 2010 (IPSA). The regulator said the review seeks to ensure that the IPSA legislation remains fit for its purpose of promoting the soundness and efficiency of the insurance sector.