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Legal and regulatory

Legal and regulatory review for the life and health insurance sector

26 Oct 2021 – Retail Payment System Bill completed its first reading in Parliament, referred to the Economic Development, Science and Innovation Committee with report back due by 3 March 2022. https://www.parliament.nz/en/pb/bills-and-laws/bills-proposed-laws/document/BILL_116198/retail-payment-system-bill

27 Oct 2021 – RBNZ inaugural general insurance stress test highlights general insurance reliance on reinsurance. https://www.rbnz.govt.nz/news/2021/10/inaugural-insurance-stress-test-highlights-reliance-on-reinsurance

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