Legal and regulatory review for the life and health insurance sector
August 11, 2021
5 Aug 2021 – As part of Money Week, the Insurance Council of NZ released consumer survey results which show a disturbing lack of understanding of insurance by New Zealanders. https://www.icnz.org.nz/media-resources/media-releases/single/item/just-wondering-how-well-do-you-understand-your-insurance
9 Aug 2021 – Council of Financial Regulators announced that the RBNZ and the FMA will be working together to conduct a cross-sector thematic review on governance, covering banks, insurers, non-bank deposit takers and investment management firms. The review will focus on the boards of regulated entities and their ability to effectively govern and provide oversight. https://www.rbnz.govt.nz/regulation-and-supervision/thematic-reviews/cross-sector-thematic-reviews